XPO XPO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| European Transportation | $868M+2.7% | $845M-1.4% | $857M+1.9% | $841M+7.5% | $782M+2.1% | |
| North American LTL | $1.23B+5.5% | $1.17B-7.2% | $1.26B+1.2% | $1.24B+5.8% | $1.17B+1.4% | |
| Total Adjusted EBITDA by Business | ||||||
| European Transportation | $33M+3.1% | $32M-15.8% | $38M-13.6% | $44M+37.5% | $32M+18.5% | |
| North American LTL | $290M+1.8% | $285M-7.5% | $308M+2.7% | $300M+20.0% | $250M-10.4% | |
| Charges Incurred by Business | ||||||
| European Transportation | $4M-50.0% | $8M+100% | $4M— | $0-100% | $9M+125% | |
| North American Intermodal Operation | $0— | —— | —— | $4M— | $0— | |
| Adjusted EBITDA by Business | ||||||
| European Transportation | $33M+3.1% | $32M-15.8% | $38M-13.6% | $44M+37.5% | $32M+18.5% | |
| North American LTL | $290M+1.8% | $285M-7.5% | $308M+2.7% | $300M+20.0% | $250M-10.4% | |
| Salaries, wages and employee benefits by Business | ||||||
| European Transportation | $235M+3.1% | $228M+1.8% | $224M0.0% | $224M+5.7% | $212M0.0% | |
| North American LTL | $642M+4.7% | $613M-5.4% | $648M+0.8% | $643M+4.6% | $615M-1.0% | |
| Operating taxes and licenses by Business | ||||||
| European Transportation | $5M-16.7% | $6M+50.0% | $4M0.0% | $4M+33.3% | $3M0.0% | |
| North American LTL | $16M-5.9% | $17M0.0% | $17M0.0% | $17M+6.3% | $16M0.0% | |
| Gain (Loss) on Disposition of Property Plant Equipment by Business | ||||||
| European Transportation | $2M0.0% | $2M+100% | $1M-66.7% | $3M+200% | $1M-50.0% | |
| North American LTL | -$1M-108% | $13M+750% | -$2M0.0% | -$2M— | $0-100% | |
| Payments for Restructuring by Business | ||||||
| European Transportation | $3M-72.7% | $11M+1,000% | $1M-66.7% | $3M-25.0% | $4M-20.0% | |
| North American Intermodal Operation | $0— | —— | $2M+100% | $1M0.0% | $1M— | |
| Restructuring Reserve by Business | ||||||
| European Transportation | $4M+33.3% | $3M-50.0% | $6M+50.0% | $4M-33.3% | $6M+500% | |
| North American Intermodal Operation | $0-100% | $1M-50.0% | $2M-50.0% | $4M+300% | $1M-66.7% | |
| Pension (income) expense by Business | ||||||
| European Transportation | $0-100% | $1M— | $0— | $0— | $0-100% | |
| North American LTL | -$4M-300% | -$1M+50.0% | -$2M0.0% | -$2M0.0% | -$2M+66.7% | |
| Purchased transportation by Business | ||||||
| European Transportation | $394M+1.5% | $388M-1.5% | $394M0.0% | $394M+8.5% | $363M+2.5% | |
| North American LTL | $30M+25.0% | $24M-20.0% | $30M-6.3% | $32M-13.5% | $37M-15.9% | |
| Fuel, operating expenses and supplies by Business | ||||||
| European Transportation | $187M+3.3% | $181M+0.6% | $180M+10.4% | $163M+0.6% | $162M+2.5% | |
| North American LTL | $236M+14.6% | $206M-8.4% | $225M+1.4% | $222M-4.3% | $232M+6.4% | |
| Depreciation and amortization expense by Business | ||||||
| European Transportation | $33M-5.7% | $35M0.0% | $35M+2.9% | $34M+6.3% | $32M-5.9% | |
| North American LTL | $97M-1.0% | $98M0.0% | $98M+2.1% | $96M+6.7% | $90M+1.1% | |
| Insurance and claims by Business | ||||||
| European Transportation | $16M+23.1% | $13M-18.8% | $16M+6.7% | $15M+50.0% | $10M-16.7% | |
| North American LTL | $18M-47.1% | $34M+25.9% | $27M+8.0% | $25M+4.2% | $24M+41.2% | |
| Revenue by Geography | ||||||
| Europe (excluding France and United Kingdom) | $221M-1.3% | $224M+1.8% | $220M-1.8% | $224M+7.2% | $209M-3.2% | |
| France | $342M+5.6% | $324M-2.1% | $331M-1.5% | $336M+7.0% | $314M+7.2% | |
| North America (excluding United States) | $27M+8.0% | $25M-7.4% | $27M0.0% | $27M+3.8% | $26M0.0% | |
| United Kingdom | $305M+2.7% | $297M-2.6% | $305M+8.5% | $281M+8.5% | $259M+0.8% | |
| United States | $1.2B+5.4% | $1.14B-7.2% | $1.23B+1.3% | $1.21B+5.8% | $1.15B+1.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does XPO break its business down?
- XPO (XPO) reports revenue by business across 2 parts — European Transportation and North American LTL. Each is extracted from the segment footnotes and tracked over time.
- Where does XPO's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in XPO's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
