Earnings Releases·Oct 29, 2026, 6:45 AM ET

XPO — Third Quarter 2026 Earnings Summary

Total revenue grew 12.4% year-over-year to $2.373 billion, while operating income surged 75.6% to $288 million and net income increased 120.7% to $181 million.
Adjusted diluted EPS rose 58.9% to $1.70 and adjusted EBITDA increased 26.6% to $433 million, driven by a 17.4% revenue growth in the North American LTL segment and a turnaround to positive operating income in European Transportation.
Management expressed confidence in continued earnings compounding and margin expansion as freight demand recovers, highlighting profitable share gains and AI-driven operational efficiency.
The company returned $150 million to shareholders via common stock repurchases and repaid $100 million in term loans, reducing long-term debt to $2.995 billion while generating $415 million in operating cash flow.