Filing Flows › XPO (XPO) › How it makes money
How XPO (XPO) makes money
XPO (XPO) made $2.4B of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Of every dollar of revenue, 12¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.4B | 100.0% |
| Operating profit | $288M | 12.1% |
| Income tax | $60.0M | 2.5% |
| Net earnings | $181M | 7.6% |
| Operating cash flow | $415M | 17.5% |
| Free cash flow | $284M | 12.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.4B | +12% |
| Q2 2026 | $2.4B | +13% |
| Q1 2026 | $2.1B | +7% |
| Q4 2025 | $2.0B | +5% |
| Q3 2025 | $2.1B | +3% |
| Q2 2025 | $2.1B | 0% |
| Q1 2025 | $2.0B | -3% |
From XPO's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does XPO make money?
XPO (XPO) made $2.4B of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Of every dollar of revenue, 12¢ was left as operating profit, 8¢ was left as net earnings.
What is XPO's profit margin?
Net earnings were $181M, 7.6% of revenue, in the third quarter 2026; the operating margin was 12.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.