Filing Flows › XPO (XPO) › Q3 2026
XPO (XPO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
XPO (XPO) reported revenue of $2.4B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +0.8% from the quarter before. Operating margin was 12.1%, net earnings $181M (7.6% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +0.8% | +12% |
| Operating profit | $288M | +6% | +76% |
| Net earnings | $181M | +12% | +121% |
| Operating cash flow | $415M | +35% | +12% |
| Free cash flow | $284M | +57% | +32% |
What changed
Revenue was $2.4B in Q3 2026, up 12% year over year and up 1% from the previous quarter.
Operating profit was $0.29B, a 12.1% margin (up 4.4 points year over year). Of the extra revenue versus Q3 2025, 47% reached operating profit, above the 8% margin then. Total costs grew 7% against revenue growth of 12%. Net earnings were $0.18B, up 121% year over year. The effective tax rate was 24.9%.
Operating cash flow was $0.41B (up 12% year over year), 229% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.09B. Capital expenditures of $0.13B left free cash flow of $0.28B.
Questions
What was XPO's revenue in the third quarter 2026?
XPO (XPO) reported revenue of $2.4B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +0.8% from the quarter before.
Was XPO profitable in the third quarter 2026?
Operating profit was $288M (12.1% of revenue) and net earnings $181M.
Source: XPO 10-Q on SEC EDGAR.