Quarterly ResultNov 4, 2026, 04:51 PM
GXO Logistics Q3 Revenue $3.59B; Net Income $64M; EPS $0.56
AI Summary
GXO Logistics, Inc. reported its third-quarter financial results for 2026, showing an increase in revenue and net income compared to the prior year. Revenue for the quarter rose to $3,590 million, with net income attributable to GXO at $64 million, or $0.56 per diluted share. For the nine-month period, revenue reached $10,329 million, and net income was $93 million, or $0.81 per diluted share, a significant improvement from a net loss in the previous year. The company also continued its share repurchase program, buying back approximately 1.8 million shares in the third quarter.
Key Highlights
- Revenue for the three months ended September 30, 2026, was $3,590 million, an increase from $3,395 million in the prior year.
- Net income attributable to GXO for the three months ended September 30, 2026, was $64 million, or $0.56 per diluted share, compared to $59 million, or $0.51 per diluted share, in the prior year.
- For the nine months ended September 30, 2026, revenue was $10,329 million, up from $9,671 million in the prior year.
- Net income attributable to GXO for the nine months ended September 30, 2026, was $93 million, or $0.81 per diluted share, compared to a net loss of $11 million, or ($0.09) per diluted share, in the prior year.
- Total assets decreased to $12,145 million as of September 30, 2026, from $12,262 million as of December 31, 2025.
- Total liabilities decreased to $9,121 million as of September 30, 2026, from $9,247 million as of December 31, 2025.
- The company repurchased approximately 1.8 million shares of common stock for $85 million in the third quarter of 2026.
Price Impact
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