What is XPO's income tax?

XPO (XPO) reported income tax of $56M in Q2 2026.

How has XPO's income tax changed year-over-year?

XPO's income tax increased by 51.4% year-over-year, from $37M to $56M.

What is the long-term trend for XPO's income tax?

Over 3 years (2022 to 2025), XPO's income tax has grown at a 17.8% compound annual growth rate (CAGR), from $74M to $121M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

XPO XPO Income Tax

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Other financials

Income statement

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Revenue$2.4B+13.2%

Gross profit$998.0M+3.5%

Operating income$271.0M+36.9%

Net income$162.0M+52.8%

EPS (diluted)$1.36+52.8%

Balance sheet

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Cash & equivalents$298.0M+52.0%

Total debt$3.8B-10.3%

Total equity$2.0B+10.2%

Total assets$8.3B+2.5%

Cash flow

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Operating cash flow$308.0M+24.7%

CapEx$127.0M-35.2%

Free cash flow$181.0M+255%

Valuation

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Market cap$24.04B+50.2%

Enterprise value$27.57B+37.1%

P/E59.5×+13.1×

P/S2.8×+0.8×

Profitability

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Gross margin29.6%+22.4pp

Operating margin8.8%+0.4pp

Net margin4.7%+0.4pp

FCF margin6.9%—

Returns & leverage

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Return on equity21.6%+0.6pp

Debt / equity2×-0.4×

Current ratio1×0.0×

Where this comes from

Reported directly by XPO in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: XPO’s 8-K, filed July 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is XPO's income tax?: XPO (XPO) reported income tax of $56M in Q2 2026.
How has XPO's income tax changed year-over-year?: XPO's income tax increased by 51.4% year-over-year, from $37M to $56M.
What is the long-term trend for XPO's income tax?: Over 3 years (2022 to 2025), XPO's income tax has grown at a 17.8% compound annual growth rate (CAGR), from $74M to $121M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.