What is XPO's net income?

XPO (XPO) reported net income of $162M in Q2 2026.

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

XPO's net income increased by 52.8% year-over-year, from $106M to $162M.

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

Over 4 years (2021 to 2025), XPO's net income has grown at a -1.9% compound annual growth rate (CAGR), from $341M to $316M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

XPO XPO Net Income

Net Income at other companies

JB Hunt Transport ServicesJBHT

$181.03M+40.7%

Old Dominion Freight LineODFL

$350.6M+30.5%

ArcBestARCB

$13.82M-46.4%

FedExFDX

$1.6B-3.1%

SaiaSAIA

$49.87M+0.1%

Knight-Swift Transportation Holdings Inc.KNX

$43.15M+27.2%

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:NetIncomeLoss.

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 net income?: XPO (XPO) reported net income of $162M in Q2 2026.
How has XPO's net income changed year-over-year?: XPO's net income increased by 52.8% year-over-year, from $106M to $162M.
What is the long-term trend for XPO's net income?: Over 4 years (2021 to 2025), XPO's net income has grown at a -1.9% compound annual growth rate (CAGR), from $341M to $316M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.