| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 3.4K | 4.3% | 4.3% |
| Total Income | 3.4K | 4.3% | 4.3% |
| Expenditure | 3.4K | 3.2% | 4.8% |
| PBT | 48.00 | 182.3% | 11.6% |
| Net Profit | 25.00 | 525.0% | 3.9% |
| OPM | 2.24% | 1.06pp | 0.46pp |
| NPM | 0.73% | 0.61pp | 0.06pp |
| EPS | 0.22 | 633.3% | 4.3% |
GXO Logistics Reports Q2 2026 Results with Revenue Up 4.3% Year Over Year
05 Aug 2026 · 5 Aug, 2:13 am
Summary
GXO Logistics announced second quarter 2026 results, with revenue growing 4.3% year over year to $3.4 billion, driven by organic growth and strong new business wins. The company secured approximately $1 billion in incremental 2026 revenue, up 29% year over year, and highlighted progress in its strategic priorities including commercial strategy, execution, and AI adoption. While net income slightly decreased to $27 million from $28 million, adjusted EBITDA increased to $219 million and adjusted diluted EPS improved to $0.59, reflecting the company's operational performance. GXO is maintaining its full-year 2026 guidance for adjusted EBITDA and adjusted diluted EPS.
Key Highlights
- 1
Revenue for the second quarter of 2026 reached $3.4 billion, an increase of 4.3% year over year, with organic revenue growth of 3.4%.
- 2
New business wins totaled $410 million, a 34% increase year over year, with approximately 40% secured in strategic growth verticals.
- 3
Incremental revenue for 2026 secured reached approximately $1 billion, up 29% year over year, and $353 million for 2027 has already been secured.
- 4
Net income for the quarter was $27 million, compared to $28 million in the prior year's second quarter.
- 5
Adjusted EBITDA increased to $219 million, up from $212 million in the second quarter of 2025.
- 6
Adjusted diluted earnings per share rose to $0.59, compared to $0.57 in the second quarter of 2025.
- 7
The company maintains the mid-points of its full-year 2026 guidance for adjusted EBITDA and adjusted diluted EPS.
Management Comments
Patrick Kelleher
This quarter marks five years since GXO became an independent public company, and we delivered results that reflect the momentum building across our business, including our strongest new business wins in three years. Revenue grew to $3.4 billion, with all three regions growing organically, underscoring the resiliency and predictability of our business model. We signed approximately $410 million of new business, up 34% year over year, led by marquee wins with some of the world’s leading brands and deeper penetration of our strategic growth verticals — aerospace & defense, technology, industrial and life sciences. Three priorities are powering our path forward: sharpening our commercial strategy, strengthening execution through the GXO Way, and leading in AI and next-generation automation through GXO IQ. We made meaningful progress in each area this quarter. Our commercial momentum is particularly evident in North America, a key growth market, where our wins in the first half of the year increased 85% over the same time last year. We launched the GXO Way playbook and GXO IQ moved from platform launch to scaled deployment, positioning us to realize greater value from AI across our network. With over $1 billion of incremental revenue already secured for 2026 and a commercial pipeline that has expanded from $2.3 billion at the end of the quarter to approximately $2.7 billion in July, we have strong visibility into the balance of the year and are already building momentum into 2027.
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