Quarterly ResultApr 30, 2026, 06:46 AM
XPO Q1 Adj. EPS $1.01 (+38.4%); Revenue $2.1B (+7.3%)
AI Summary
XPO reported a strong start to 2026 with first-quarter adjusted diluted EPS of $1.01, a 38.4% increase year-over-year, and total revenue of $2.10 billion, up 7.3%. Net income surged 46.4% to $101 million, while adjusted EBITDA grew 14.7% to $319 million. The North American LTL segment showed significant improvement, with adjusted operating income up 20% and an adjusted operating ratio of 83.9%. The company also repurchased $30 million in common stock and repaid $30 million in term loans.
Key Highlights
- XPO reported Q1 2026 diluted EPS of $0.85, up 46.6% YoY, and adjusted diluted EPS of $1.01, up 38.4% YoY.
- Total revenue for Q1 2026 reached $2.10 billion, an increase of 7.3% from the prior year.
- Net income for the quarter was $101 million, a 46.4% increase YoY, with adjusted EBITDA growing 14.7% to $319 million.
- North American LTL segment revenue grew 4.9% to $1.23 billion, with adjusted operating income up 20% to $198 million.
- North American LTL adjusted operating ratio improved by 200 basis points to 83.9%.
- European Transportation segment revenue increased 11.0% to $868 million.
- The company repurchased $30 million of common stock and repaid $30 million of term loans in Q1.
- Generated $183 million in cash flow from operating activities.