Filing Flows › XPO (XPO) › Q3 2026 › vs Q2 2026
XPO (XPO) Q3 2026 vs Q2 2026 (quarter over quarter)
XPO's revenue rose $18.0M (+0.8%) from $2.4B in Q2 2026 to $2.4B in Q3 2026. Operating margin 12.1% against 11.5% (+0.6 pts).
XPO, Q3 2026: revenue $2.4B (+12% year over year), operating margin 12.1%, net earnings $181M, operating cash flow $415M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 12.1% | 11.5% | +0.6 pts |
| Net margin | 7.6% | 6.9% | +0.7 pts |
| Free cash flow margin | 12.0% | 7.7% | +4.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | $18.0M | +0.8% |
| Operating profit | $288M | $271M | $17.0M | +6% |
| Costs & expenses | $2.1B | $2.1B | $1.0M | 0% |
| Pre-tax earnings | $241M | $218M | $23.0M | +11% |
| Other expense, net | $47.0M | $53.0M | −$6.0M | -11% |
| Net earnings | $181M | $162M | $19.0M | +12% |
| Income tax | $60.0M | $56.0M | $4.0M | +7% |
| Depreciation & amortization | $134M | $134M | $0 | 0% |
| Share-based compensation | $15.0M | $17.0M | −$2.0M | -12% |
| Working capital & other | $85.0M | −$5.0M | $90.0M | — |
| Operating cash flow | $415M | $308M | $107M | +35% |
| Free cash flow (OCF − capex) | $284M | $181M | $103M | +57% |
| Capital expenditures | $131M | $127M | $4.0M | +3% |
Questions
How much did XPO's revenue grow quarter over quarter in Q3 2026?
XPO's revenue rose $18.0M (+0.8%) from $2.4B in Q2 2026 to $2.4B in Q3 2026. Operating margin 12.1% against 11.5% (+0.6 pts).