Quarterly ResultAug 5, 2026, 04:46 PM
GXO Logistics H1 2026 Net Income $32M, Revenue $6.74B
AI Summary
GXO Logistics reported a significant turnaround in its financial performance for the first half of 2026, achieving a net income of $32M compared to a net loss of $67M in the prior year period. Revenue for H1 2026 increased to $6,739M, up from $6,276M in H1 2025. For the second quarter of 2026, revenue grew to $3,441M, though net income slightly decreased to $27M from $28M in Q2 2025. The company also repaid $400M in unsecured notes and continued its share repurchase program.
Key Highlights
- H1 2026 Revenue increased to $6,739M from $6,276M in H1 2025.
- H1 2026 Net Income was $32M, a significant improvement from a $67M net loss in H1 2025.
- H1 2026 Diluted EPS was $0.25, compared to a loss of $0.60 in H1 2025.
- Q2 2026 Revenue grew to $3,441M from $3,299M in Q2 2025.
- Repaid $400M of unsecured notes due July 2026 using cash on hand.
- Repurchased $16M of common stock in H1 2026, with $284M remaining under authorization.
- Recorded an additional $23M impairment for the Wincanton Divestment in H1 2026.
- United Kingdom revenue for H1 2026 was $3,279M, and United States revenue was $1,533M.
Price Impact
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