StockWatch
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Transportation Services
Quarterly ResultNov 3, 2026, 04:51 PM

GXO Logistics Q3 Revenue $3.6B, Up 5.7%; Organic Growth Highest in 3 Years

AI Summary

GXO Logistics reported strong third quarter 2026 results, with revenue increasing 5.7% year over year to $3.6 billion, driven by organic revenue growth of 6.4%, the highest in over three years. The company also saw a significant increase in new business wins and a record sales pipeline. Net income rose to $65 million, or $0.56 per diluted share. GXO reaffirmed its full-year 2026 guidance and announced an upcoming Investor Day on November 16, 2026.

Key Highlights

  • Revenue of $3.6 billion, up 5.7% year over year, with organic revenue growth of 6.4%.
  • New business wins of $375 million, up 34% year over year, with a record sales pipeline of $3.1 billion.
  • Net income of $65 million, or $0.56 per diluted share, compared to $60 million, or $0.51 per diluted share, in Q3 2025.
  • Adjusted diluted EPS increased to $0.89 from $0.79 in Q3 2025.
  • Repurchased $84 million of shares in the quarter, bringing year-to-date repurchases to $100 million.
  • Reaffirmed full-year 2026 guidance for organic revenue growth, adjusted EBITDA, adjusted diluted EPS, and free cash flow conversion.
  • Company to host Investor Day on November 16, 2026.