What is XPO's interest expense?

XPO (XPO) reported interest expense of $53M in Q1 2026.

How has XPO's interest expense changed year-over-year?

XPO's interest expense decreased by 5.4% year-over-year, from $56M to $53M.

What is the long-term trend for XPO's interest expense?

Over 4 years (2021 to 2025), XPO's interest expense has grown at a 0.9% compound annual growth rate (CAGR), from $211M to $219M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

XPO XPO Interest Expense

Interest Expense at other companies

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$17.9M-3.7%

ArcBestARCB

$4.29M+55.6%

Forward AirFWRD

$43.59M-4.3%

FedExFDX

-$138M-19.0%

SaiaSAIA

$2.57M-39.9%

Knight-Swift Transportation Holdings Inc.KNX

$30.73M-23.6%

Other financials

Income statement

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Revenue$2.1B+7.3%

Gross profit$998.0M+3.5%

Operating income$174.0M+15.2%

Net income$101.0M+46.4%

EPS (diluted)$0.85+46.6%

Balance sheet

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Cash & equivalents$179.0M+4.1%

Total debt$4.1B-2.1%

Total equity$1.9B+12.9%

Total assets$8.2B+3.9%

Cash flow

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Operating cash flow$183.0M+28.9%

CapEx$111.0M-44.2%

Free cash flow$72.0M+226%

Valuation

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Market cap$24.42B+59.9%

Enterprise value$28.37B+46.6%

P/E70.2×+25.9×

P/S2.9×+1.0×

Profitability

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Gross margin29.6%+22.4pp

Operating margin8.2%-0.2pp

Net margin4.2%-0.7pp

FCF margin5.5%—

Returns & leverage

See full

Return on equity19.9%-6.2pp

Debt / equity2.2×-0.3×

Current ratio1×0.0×

Where this comes from

Reported directly by XPO in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: XPO’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is XPO's interest expense?: XPO (XPO) reported interest expense of $53M in Q1 2026.
How has XPO's interest expense changed year-over-year?: XPO's interest expense decreased by 5.4% year-over-year, from $56M to $53M.
What is the long-term trend for XPO's interest expense?: Over 4 years (2021 to 2025), XPO's interest expense has grown at a 0.9% compound annual growth rate (CAGR), from $211M to $219M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.