Every 10-Q that GXO Logistics, Inc. (GXO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GXO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GXO filings page.
GXO Logistics reported modest top-line growth and a return to profitability in the first half of 2026. Q2 revenue was $3.44 billion, up 4% year over year, with net income attributable to GXO of $25 million. For the first six months, revenue reached $6.74 billion, up 7%, and net income was $32 million versus a $67 million loss a year earlier.
First-half operating income rose to $116 million from $33 million, helped by business growth, a $30 million net benefit from a real estate lease termination and the absence of a prior-year $65 million regulatory charge, partly offset by $23 million of additional impairment tied to the planned Wincanton grocery-contract divestiture.
Cash from operations improved to $107 million from $32 million despite higher working-capital use. GXO ended June 30, 2026 with $769 million of cash, $3.20 billion of total debt and $793 million of available revolver capacity, and repurchased 332 thousand shares for $16 million under its $500 million authorization.
GXO Logistics reported higher sales and a return to profitability for the quarter ended March 31, 2026. Revenue rose to $3.3 billion from $3.0 billion, helped by business growth and $198 million of favorable foreign currency movements.
The company generated net income attributable to GXO of $4 million, compared with a loss of $96 million a year earlier, with diluted earnings per share improving to $0.03 from a loss of $0.81. Operating income improved to $39 million from a loss of $56 million, supported by lower restructuring and regulatory costs and a $28 million net benefit from an early lease termination.
Segment Adjusted EBITDA increased to $216 million from $178 million, while cash from operating activities was $31 million versus $29 million. GXO ended the quarter with $794 million of cash and cash equivalents and $3.1 billion of total debt, and it retained $300 million of remaining authorization under its $500 million share repurchase plan, with no repurchases in the quarter.
GXO Logistics reported stronger quarterly results. For the three months ended September 30, 2025, revenue was $3,395 million (up 8% year over year), and net income was $60 million, or $0.51 diluted EPS. Operating income rose to $118 million, helped by lower restructuring and integration costs, and Segment Adjusted EBITDA reached $270 million.
Year to date, revenue was $9,671 million (up 14%), reflecting growth and the Wincanton acquisition, while the company recorded a $(7) million net loss driven by a $65 million regulatory expense in Italy and higher interest expense of $103 million. Cash from operations was $264 million for the nine months.
Liquidity remained solid with $339 million in cash and $969 million of revolver capacity. GXO repurchased about 5.4 million shares for $202 million year to date under its $500 million authorization, leaving $300 million remaining. Total debt was $2,698 million, including $400 million notes due July 2026. The UK CMA approved the Wincanton deal (subject to certain divestments), and Patrick Kelleher was appointed CEO in Q3.
GXO Q2 2025 10-Q highlights:
- Revenue rose 16% YoY to $3.30 bn, driven by the April 2024 Wincanton acquisition (+$168 m) and organic gains; fx added $127 m.
- Operating income improved 19% YoY to $89 m, but net income fell 32% to $26 m (EPS $0.23 vs $0.32) on higher interest expense (+57% to $36 m) and a $14 m swing in other income/expense from derivative losses.
- Six-month results show revenue +18% to $6.28 bn but a net loss of $67 m (-$0.60 EPS) after a $65 m VAT settlement with Italian authorities and $36 m of transaction/integration costs.
- Cash flow: operating cash inflow collapsed to $32 m (vs $165 m) while free cash outflow reached $318 m after $125 m capex and $200 m share buybacks; cash on hand dropped to $205 m (-$208 m YTD).
- Balance sheet: debt edged up to $2.69 bn; leverage covenant compliant. Goodwill up $278 m mainly on fx. Equity decreased 2% to $2.98 bn after treasury stock build.
- CMA cleared the Wincanton deal on 19-Jun-25 (divestiture of grocery contracts required), removing regulatory overhang.
- Board authorised $500 m repurchase plan in Feb-25; $202 m executed (5.4 m shares) leaving $300 m capacity.
Key takeaways: topline momentum and cost synergies offset by acquisition-related expenses, VAT charge and higher financing costs, pressuring earnings and cash. Execution on integration, margin recovery and cash generation remain watch items for H2.