Quarterly ResultMay 5, 2026, 04:43 PM
GXO Logistics Q1 Revenue $3.3B, Net Income $5M; Raises 2026 Guidance
AI Summary
GXO Logistics reported strong first-quarter 2026 results with revenue increasing 10.8% year-over-year to $3.3 billion and a net income of $5 million, a significant improvement from a net loss in the prior year. The company achieved $227 million in new business wins and a record sales pipeline of $2.7 billion. Based on this better-than-expected performance, GXO Logistics raised its full-year 2026 guidance for adjusted EBITDA and adjusted diluted EPS.
Key Highlights
- Q1 2026 revenue increased 10.8% year-over-year to $3.3 billion; organic revenue grew 4.1%.
- Q1 2026 net income was $5 million, a significant improvement from a net loss of $95 million in Q1 2025.
- Diluted earnings per share was $0.03, compared to a diluted loss per share of $0.81 in Q1 2025.
- Adjusted EBITDA rose to $200 million in Q1 2026, up from $163 million in Q1 2025.
- Secured $227 million in new business wins and grew sales pipeline to a record $2.7 billion.
- Raised full-year 2026 adjusted EBITDA guidance to $935 million to $975 million.
- Raised full-year 2026 adjusted diluted EPS guidance to $2.90 to $3.20.
- United Kingdom revenue was $1,595 million and Omnichannel retail revenue was $1,561 million in Q1 2026.
Price Impact
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