XPO, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,157	8,072	7,744	7,718	7,202
Revenue Growth (YoY)	1.05%	4.24%	0.34%	7.17%	16.76%
Cost of Revenue	6,657	6,667	6,542	6,596	6,292
Gross Profit	1,500	1,405	1,202	1,122	910
Selling, General & Admin	161	109	149	183	113
Other Operating Expenses	83	80	60	58	56
Operating Expenses	765	679	641	633	554
Operating Income	735	726	561	489	356
Interest Expense	-219	-223	-168	-135	-211
Other Non Operating Income (Expenses)	-36	-3	-3	55	-1
EBT Excluding Unusual Items	480	500	390	409	144
Merger & Restructuring Charges	-59	-27	-44	-50	-19
Impairment of Goodwill	-	-	-	-64	-
Gain (Loss) on Sale of Investments	-	13	-	-	-
Gain (Loss) on Sale of Assets	17	40	5	60	72
Legal Settlements	13	-	-8	-	-
Other Unusual Items	-14	-53	-83	-97	-90
Pretax Income	437	473	260	258	107
Income Tax Expense	121	86	68	74	11
Earnings From Continuing Operations	316	387	192	184	96
Earnings From Discontinued Operations	-	-	-3	482	240
Net Income to Company	316	387	189	666	336
Net Income	316	387	189	666	336
Net Income to Common	316	387	189	666	336
Net Income Growth	-18.35%	104.76%	-71.62%	98.21%	205.45%
Shares Outstanding (Basic)	118	116	116	115	112
Shares Outstanding (Diluted)	119	120	118	116	114
Shares Change (YoY)	-0.83%	1.70%	1.72%	1.75%	23.91%
EPS (Basic)	2.68	3.34	1.63	5.79	3.00
EPS (Diluted)	2.64	3.23	1.59	5.75	2.94
EPS Growth	-18.27%	102.56%	-72.25%	95.73%	241.83%
Free Cash Flow	329	19	-851	311	452
Free Cash Flow Per Share	2.77	0.16	-7.21	2.68	3.96
Gross Margin	18.39%	17.41%	15.52%	14.54%	12.63%
Operating Margin	9.01%	8.99%	7.24%	6.34%	4.94%
Profit Margin	3.87%	4.79%	2.44%	8.63%	4.67%
Free Cash Flow Margin	4.03%	0.24%	-10.99%	4.03%	6.28%
EBITDA	1,256	1,216	993	881	741
EBITDA Margin	15.40%	15.06%	12.82%	11.42%	10.29%
D&A For EBITDA	521	490	432	392	385
EBIT	735	726	561	489	356
EBIT Margin	9.01%	8.99%	7.24%	6.34%	4.94%
Effective Tax Rate	27.69%	18.18%	26.15%	28.68%	10.28%

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q