GXO Logistics, Inc. income statement
In fiscal 2025, GXO Logistics, Inc. reported revenue of $13.18bn, up 12.5% on the year before, operating income of $245m (a 1.9% margin) and net income of $32.0m, or $0.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.1 | 6.2 | 7.9 | 9.0 | 9.8 | 11.7 | 13.2 | 13.6 |
| Selling, general and administrative | 0.5 | 0.6 | 0.7 | 0.9 | 1.0 | 1.1 | 1.1 | 1.2 |
| Operating income | 0.2 | 0.0 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 |
| Income before tax | 0.1 | −0.0 | 0.2 | 0.3 | 0.3 | 0.1 | 0.1 | 0.2 |
| Income tax | 0.0 | 0.0 | −0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 |
| Net income | 0.1 | −0.0 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 | 0.1 |
| Diluted EPS | $0.52 | −$0.27 | $1.32 | $1.67 | $1.92 | $1.12 | $0.28 | $1.13 |
| Diluted shares (average) | 115m | 115m | 116m | 118m | 119m | 120m | 116m | 116m |
| EBITDA | 0.5 | 0.3 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 0.8 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,157 | 3,250 | 2,977 | 3,299 | 3,395 | 3,507 | 3,298 | 3,441 |
| Selling, general and administrative | 265 | 277 | 261 | 272 | 285 | 288 | 296 | 295 |
| Operating income | 81 | 101 | −56 | 89 | 118 | 94 | 39 | 77 |
| Interest expense | 33 | 34 | 32 | 36 | 35 | 30 | 32 | 35 |
| Income before tax | 42 | 97 | −93 | 43 | 88 | 66 | 17 | 48 |
| Income tax | 7 | −3 | 2 | 15 | 28 | 23 | 12 | 21 |
| Net income | 33 | 100 | −96 | 26 | 59 | 43 | 4 | 25 |
| Diluted EPS | $0.28 | $0.84 | −$0.81 | $0.23 | $0.51 | $0.37 | $0.03 | $0.22 |
| EBITDA | 192 | 214 | 53 | 199 | 236 | 214 | 154 | 194 |
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