| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.3K | 10.8% |
| Total Income | 3.3K | 10.8% |
| Expenditure | 3.3K | 7.5% |
| PBT | 17.00 | 118.3% |
| Net Profit | 4.00 | 104.2% |
| OPM | 1.18% | 3.06pp |
| NPM | 0.12% | 3.35pp |
| EPS | 0.03 | 103.7% |
GXO Reports Q1 2026 Revenue of $3.3 Billion, Up 10.8% Y-o-Y
06 May 2026 · 6 May, 2:12 am
Summary
GXO Logistics, Inc. announced its first quarter 2026 results, featuring revenue growth of 10.8% to $3.3 billion. Organic revenue grew by 4.1%. Net income improved to $5 million, compared to a net loss of $95 million in the same quarter of the previous year. The company's adjusted EBITDA increased to $200 million. Given the strong first-quarter performance, GXO raised its full-year adjusted EBITDA and adjusted EPS guidance.
Key Highlights
- 1
GXO Logistics reported revenue of $3.3 billion, an increase of 10.8% year over year, with organic revenue growth of 4.1% in the first quarter of 2026.
- 2
The company achieved $227 million in new business wins across key verticals, with approximately 40% in strategic growth sectors.
- 3
GXO's sales pipeline reached a record high of $2.7 billion.
- 4
Net income was $5 million, a significant improvement compared to a net loss of $95 million in the first quarter of 2025.
- 5
Adjusted EBITDA was $200 million, compared to $163 million for the first quarter 2025, including a $12.5 million net year-over-year benefit.
- 6
Adjusted diluted earnings per share was $0.50, up from $0.29 in the first quarter of 2025.
- 7
The company raised its full-year 2026 guidance for adjusted EBITDA to $935 million to $975 million and adjusted diluted EPS to $2.90 to $3.20.
Management Comments
Patrick Kelleher
2026 is off to a strong start. In the first quarter, we delivered strong revenue growth and profitability, underscoring the strength and predictability of our business model. Our commercial efforts are driving wins in higher margin growth verticals, including aerospace & defense, technology, industrial and life sciences, and we’re seeing demand accelerating, with our pipeline growing to an all-time high of $2.7 billion. Three priorities are powering our path forward – sharpening our commercial strategy, strengthening execution, and leading in AI and next-generation automation, and we made good progress in each this quarter. Our commercial momentum is building, especially in North America where our pipeline grew 35% sequentially. We’re implementing a global framework for standardizing and scaling excellence and our deployment of AI, automation and robotics is accelerating. Given our better-than-expected performance in the first quarter, we are raising our full-year adjusted EBITDA and adjusted EPS guidance. We look forward to sharing additional detail on our long‑term strategy and financial framework at our Investor Day following our third quarter earnings later this year.
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