XPO financials
$177.37+0.40%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.16B | $8.07B | $7.74B | $7.72B | $7.20B | $6.17B | $10.68B | $17.28B | $15.38B | $14.62B |
| Gross profit | $8.16B | $8.07B | $7.74B | $7.72B | $3.78B | $2.29B | $3.32B | $8.27B | $7.25B | $6.73B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 52.4% | 37.1% | 31.1% | 47.8% | 47.1% | 46.0% |
| Operating income | $640.0M | $621.0M | $433.0M | $317.0M | $240.0M | $97.0M | $561.0M | $704.0M | $582.0M | $464.0M |
| Net income | $316.0M | $387.0M | $189.0M | $666.0M | $336.0M | $79.0M | $379.0M | $390.0M | $312.0M | $63.0M |
| Net margin | 3.9% | 4.8% | 2.4% | 8.6% | 4.7% | 1.3% | 3.5% | 2.3% | 2.0% | 0.4% |
| Diluted EPS | $2.64 | $3.23 | $1.60 | $5.76 | $2.93 | $0.87 | $3.57 | $2.88 | $2.45 | $0.53 |
| EBITDA | $1.25B | $1.19B | $975.0M | $881.0M | $644.0M | $564.0M | $1.07B | $1.42B | $1.24B | $1.11B |
| Operating cash flow | $985.0M | $809.0M | $682.0M | $832.0M | $721.0M | $885.0M | $791.0M | $1.10B | $785.0M | $622.0M |
| Free cash flow | $328.0M | $20.0M | -$851.0M | $311.0M | $452.0M | $636.0M | $412.0M | $551.0M | $281.0M | $139.0M |
| Diluted shares | 119.0M | 120.0M | 118.0M | 116.0M | 114.0M | 92.0M | 106.0M | 135.0M | 128.0M | 123.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $310.0M | $246.0M | $412.0M | $460.0M | $228.0M | $1.73B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $3.31B | $3.39B | $3.40B | $2.53B | $3.57B | $6.52B |
| Total assets | $8.19B | $7.71B | $7.49B | $6.27B | $8.72B | $16.18B |
| Total liabilities | $6.33B | $6.11B | $6.23B | $5.26B | $7.58B | $13.33B |
| Shareholders' equity | $1.86B | $1.60B | $1.27B | $1.01B | $1.14B | $2.85B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology