Filing Flows › XPO (XPO) › Operating margin
XPO (XPO) operating margin by quarter
XPO's operating margin was 12.1% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 7.1% (Q4 2025) to 12.1% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 12.1% | +0.6 pts | +4.4 pts |
| Q2 2026 | 11.5% | +3.2 pts | +2.0 pts |
| Q1 2026 | 8.3% | +1.2 pts | +0.6 pts |
| Q4 2025 | 7.1% | -0.7 pts | — |
| Q3 2025 | 7.8% | -1.8 pts | — |
| Q2 2025 | 9.5% | +1.8 pts | — |
| Q1 2025 | 7.7% | — | — |
Q3 2026 at a glance
XPO, Q3 2026: revenue $2.4B (+12% year over year), operating margin 12.1%, net earnings $181M, operating cash flow $415M. The chart follows the revenue to costs, profit and cash.
Questions
What is XPO's operating margin?
XPO's operating margin was 12.1% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026.
How has XPO's operating margin changed?
Over the last 7 quarters it ranged from 7.1% (Q4 2025) to 12.1% (Q3 2026).