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XPO Logistics (XPO)
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XPO Logistics Income Statement 2025-2008 | XPO
Brief overview of profit and loss at XPO Logistics
The figures are compared over a five-year interval. According to figures from XPO Logistics, revenue changed from 6.2 billion dollars to 8.2 billion dollars over five years. The cumulative result was +32.2%, corresponding to roughly 5.7% per year. This represents moderate business growth.
The gross result shifted from 2.3 billion dollars to 4.7 billion dollars, or +106.8%. The relationship between sales and direct costs improved over the period. Gross profit as a share of revenue changed from 37.1% to 58%. The expansion indicates stronger pricing power or better control of direct costs.
EBITDA was 418 million dollars at the beginning and 1.1 billion dollars at the end of the period (+168.7%). EBITDA grew faster than revenue, indicating positive operating leverage. The EBITDA share of revenue changed from 6.8% to 13.8%. The business generated more EBITDA from each unit of revenue.
The net result moved from $110 million to $316 million, or +187.3%. The final result improved faster than the scale of the business.
The market value of the business moved from 6.4 billion dollars to 22 billion dollars, or +245.1%. The market broadly confirmed the positive direction of the business.
What the figures show
The indicators form a favorable picture of business development. Key strengths include sales growth, better sales economics and an improving EBITDA margin. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement XPO Logistics
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
22 B | 17.1 B | 13.7 B | 4.16 B | 8.67 B | 6.38 B | 8.63 B | 7.63 B | 10.8 B | 5 B | 2.12 B | 1.97 B | 578 M | 262 M | 94.2 M | 15.4 M | 9.75 M | - |
Shares |
118 M | 116 M | 116 M | 115 M | 112 M | 92 M | 96 M | 123 M | 115 M | 110 M | 92.8 M | 53.6 M | 22.8 M | 15.7 M | 8.25 M | 8.06 M | 8.01 M | - |
Historical Prices |
187 | 147 | 118 | 36.2 | 77.4 | 69.4 | 46.4 | 33.2 | 53.3 | 25.1 | 15.9 | 23.8 | 15.3 | 10.1 | 7.19 | 1.91 | 1.22 | 1.76 |
Net Income |
316 M | 387 M | 189 M | 666 M | 336 M | 110 M | 419 M | 422 M | 340 M | 69 M | -191 M | -63.6 M | -48.5 M | -20.3 M | 759 K | 4.89 M | 1.7 M | - |
Revenue |
8.16 B | 8.07 B | 7.74 B | 7.72 B | 7.2 B | 6.17 B | 16.6 B | 17.3 B | 15.4 B | 14.6 B | 7.62 B | 2.36 B | 702 M | 279 M | 177 M | 158 M | 100 M | - |
Cost of Revenue |
3.42 B | 3.38 B | 3.16 B | 4.94 B | 4.6 B | 7.85 B | 8.3 B | 9.01 B | 8.13 B | 7.89 B | - | - | - | - | - | - | - | - |
Gross Profit |
4.73 B | 4.7 B | 4.58 B | 2.77 B | 2.6 B | -1.68 B | 2.67 B | 2.54 B | 2.28 B | 2.14 B | 155 M | 31.1 M | -23 M | -16.3 M | 29.8 M | 27.4 M | 16.7 M | - |
Operating Income |
656 M | 660 M | 438 M | 377 M | 312 M | 97 M | 561 M | 704 M | 582 M | 464 M | -28.6 M | -40.9 M | -52.3 M | -28 M | 1.72 M | 8.45 M | 3.17 M | - |
Interest Expense |
6 M | 37 M | 168 M | 135 M | 211 M | 308 M | 268 M | 217 M | 284 M | 361 M | 217 M | 48 M | 18.2 M | 3.2 M | 191 K | 205 K | 105 K | - |
EBITDA |
1.12 B | 1.09 B | 814 M | 713 M | 639 M | 418 M | 1.56 B | 1.42 B | 1.28 B | 1.13 B | 336 M | 57.4 M | -31.5 M | -25.3 M | 2.77 M | 9.81 M | 4.36 M | - |
Operating Expenses |
4.08 B | 4.04 B | 4.15 B | 2.4 B | 2.29 B | -1.78 B | 1.84 B | 1.84 B | 1.66 B | 1.65 B | 184 M | 72 M | 29.4 M | 11.6 M | 28.1 M | 19 M | 13.6 M | - |
General and Administrative Expenses |
- | - | - | 678 M | 756 M | 746 M | - | - | - | - | 184 M | 72 M | 29.4 M | 11.6 M | 27 M | 19 M | 13.6 M | - |
Annual performance
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All numbers in USD currency
Quarterly Income Statement XPO Logistics
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
117 M | 117 M | 117 M | 117 M | 118 M | 118 M | 117 M | 117 M | 116 M | 116 M | 116 M | 116 M | 116 M | 116 M | 116 M | 115 M | 115 M | 115 M | 115 M | 1 M | 115 M | 112 M | 106 M | 1 M | 91 M | 91 M | 92 M | -1 M | 92 M | 92 M | 107 M | 1 M | 125 M | 121 M | 120 M | 1.5 M | 118 M | 112 M | 111 M | 111 M | 110 M | 110 M | 110 M | 110 M | 98.6 M | 84.3 M | 78.8 M | 77.4 M | 54.5 M | 52.6 M | 41.3 M | 30.5 M | 24.2 M | 18.2 M | 18 M | 18 M | 17.7 M | 17.6 M | 9.5 M | 19.6 K | 8.25 M | 8.25 M | 8.18 M |
Net Income |
181 M | 162 M | 101 M | 59 M | 82 M | 106 M | 69 M | 75 M | 95 M | 150 M | 67 M | 58 M | 84 M | 33 M | 14 M | -94 M | 131 M | 141 M | 488 M | 122 M | -57 M | 156 M | 115 M | 93 M | 84 M | -132 M | 21 M | 97 M | 117 M | 122 M | 43 M | 84 M | 101 M | 138 M | 67 M | 188 M | 57.5 M | 47.6 M | 21.3 M | 27.3 M | 15.1 M | 46.6 M | -22.5 M | -62.8 M | -35 M | -78.8 M | -14.7 M | -9.9 M | -11.6 M | -13.8 M | -28.3 M | -10.6 M | -5.7 M | -17.5 M | -14.7 M | -9.3 M | -3.1 M | -5.2 M | -2.7 M | -2.21 M | -44.4 M | 914 K | 1.12 M |
Revenue |
2.37 B | 2.36 B | 2.1 B | 2.01 B | 2.11 B | 2.08 B | 1.95 B | 1.92 B | 2.05 B | 2.08 B | 2.02 B | 1.94 B | 1.98 B | 1.92 B | 1.91 B | 1.83 B | 1.95 B | 2.05 B | 1.89 B | 1.77 B | 1.83 B | 1.87 B | 1.73 B | 2.94 B | 2.68 B | 2.13 B | 2.46 B | -1.83 B | 4.15 B | 4.24 B | 4.12 B | 4.39 B | 4.34 B | 4.36 B | 4.19 B | - | 3.89 B | 3.76 B | 3.54 B | 3.68 B | 3.71 B | 3.68 B | 3.55 B | 3.34 B | 2.36 B | 1.22 B | 703 M | 831 M | 662 M | 581 M | 282 M | 257 M | 194 M | 137 M | 114 M | 108 M | 71 M | 54.5 M | 44.6 M | 44.1 M | 47.4 M | 44.1 M | 41.5 M |
Cost of Revenue |
949 M | 929 M | 880 M | 845 M | 876 M | 871 M | 832 M | 836 M | 852 M | 854 M | 834 M | 805 M | 809 M | 783 M | 762 M | 729 M | 739 M | 752 M | 725 M | -3.68 B | 2.31 B | 2.19 B | 2.05 B | -1.47 B | 1.81 B | 1.64 B | 1.9 B | 1.09 B | 2.07 B | 2.11 B | 2.1 B | 2.26 B | 2.25 B | 2.27 B | 2.22 B | 2.23 B | 2.04 B | 1.97 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
1.42 B | 1.43 B | 1.22 B | 1.17 B | 1.24 B | 1.21 B | 1.12 B | 1.09 B | 1.2 B | 1.22 B | 1.18 B | 1.14 B | 1.17 B | 1.13 B | 1.14 B | 1.1 B | 1.21 B | 1.3 B | 1.17 B | 5.45 B | -476 M | -313 M | -326 M | 4.41 B | 861 M | 486 M | 561 M | -2.92 B | 2.09 B | 2.13 B | 2.02 B | 2.12 B | 2.09 B | 2.09 B | 1.97 B | - | 1.84 B | 1.79 B | - | - | - | - | - | - | - | - | - | - | - | - | - | 53.1 M | 34.8 M | 19.3 M | 16.3 M | 15.7 M | 9.92 M | 8.47 M | 6.77 M | 7.17 M | 8.22 M | 7.18 M | 7.21 M |
Operating Income |
288 M | 271 M | 174 M | 143 M | 164 M | 198 M | 151 M | 149 M | 176 M | 197 M | 138 M | 119 M | 154 M | 107 M | 58 M | 4 M | 139 M | 171 M | 63 M | 66 M | 65 M | 120 M | 61 M | 153 M | 138 M | -101 M | 38 M | -58 M | 229 M | 258 M | 132 M | 126 M | 209 M | 228 M | 141 M | 126 M | 177 M | 175 M | 104 M | 86.6 M | 169 M | 170 M | 62.4 M | -38 M | 44.3 M | -30.1 M | -4.8 M | 6 M | -13.6 M | -11.9 M | -21.4 M | -8.5 M | -18.4 M | -14.1 M | -11.3 M | -11.1 M | -9.3 M | -3.4 M | -4.2 M | -2.39 M | 470 K | 1.64 M | 2 M |
Interest Expense |
3 M | 4 M | 3 M | 2 M | 2 M | 2 M | 1 M | 6 M | 15 M | 6 M | 10 M | 3 M | 4 M | 3 M | 5 M | 13 M | 15 M | 13 M | 14 M | 15 M | 19 M | 10 M | 16 M | 16 M | 12 M | 21 M | 18 M | -18 M | 11 M | 13 M | 17 M | 42 M | 18 M | 30 M | 19 M | 21.2 M | 16.8 M | 12.5 M | 75.6 M | - | 93 M | 94.7 M | 93.1 M | 800 K | 61.5 M | 36.3 M | 23.1 M | 16.7 M | 17.8 M | 3.4 M | 10.1 M | 5.6 M | 6.4 M | 3.1 M | 3.1 M | 3.2 M | - | - | - | 6 K | 49 K | -33 K | 49 K |
EBITDA |
422 M | 405 M | 305 M | -187 M | 298 M | 329 M | 274 M | -159 M | 302 M | 319 M | 255 M | -145 M | 264 M | 214 M | 159 M | -231 M | 238 M | 267 M | 157 M | -235 M | 183 M | 240 M | 180 M | -290 M | 257 M | 95 M | 221 M | -508 M | 415 M | 438 M | 312 M | -243 M | 389 M | 405 M | 312 M | 126 M | 344 M | 340 M | 261 M | 86.6 M | 286 M | 286 M | 182 M | -38 M | 101 M | -3.6 M | 11 M | 40.6 M | -2.8 M | -4.8 M | -17.4 M | 600 K | -16.1 M | -13.3 M | -10.6 M | -9.8 M | -8.58 M | -2.98 M | -3.88 M | -2.39 M | 774 K | 1.97 M | 2.32 M |
Operating Expenses |
1.14 B | 1.16 B | 1.04 B | 1.02 B | 1.07 B | 1.01 B | 971 M | 937 M | 1.02 B | 1.03 B | 1.05 B | 1.02 B | 1.02 B | 1.03 B | 1.09 B | 1.1 B | 1.07 B | 1.12 B | 1.11 B | 5.38 B | -541 M | -433 M | -387 M | 4.26 B | 723 M | 587 M | 523 M | -2.86 B | 3.92 B | 3.98 B | 3.99 B | 4.26 B | 4.13 B | 4.14 B | 4.05 B | 4.07 B | 3.71 B | 3.59 B | 3.44 B | -86.6 M | 3.54 B | 3.51 B | 3.48 B | 3.38 B | 2.32 B | 1.25 B | 708 M | 825 M | 676 M | 593 M | 304 M | 266 M | 212 M | 151 M | 125 M | 120 M | 80.3 M | 57.9 M | 48.8 M | 9.56 M | 7.75 M | 5.54 M | - |
General and Administrative Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -288 M | 298 M | 324 M | 344 M | -245 M | 339 M | 324 M | 338 M | -169 M | 294 M | 632 M | 525 M | -329 M | 456 M | 455 M | 486 M | 486 M | 446 M | 455 M | 450 M | - | 400 M | 412 M | 402 M | - | 383 M | 410 M | 432 M | 495 M | 283 M | 220 M | 116 M | 122 M | 118 M | 107 M | 75.8 M | 57.3 M | 51.2 M | 33.4 M | 27.6 M | 26.8 M | 19.2 M | 11.8 M | 11 M | 9.56 M | 7.75 M | 5.54 M | 5.21 M |
Quarterly performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company XPO Logistics (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.