XPO XPO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| European Transportation | $868M+11.0% | $845M+10.3% | $857M+6.7% | $841M+4.1% | $782M-1.9% | |
| North American LTL | $1.23B+4.9% | $1.17B+0.8% | $1.26B+0.3% | $1.24B-2.5% | $1.17B-4.0% | |
| Total Adjusted EBITDA by Business | ||||||
| European Transportation | $33M+3.1% | $32M+18.5% | $38M-13.6% | $44M-10.2% | $32M-15.8% | |
| North American LTL | $290M+16.0% | $285M+2.2% | $308M+8.5% | $300M+1.0% | $250M-2.0% | |
| Charges Incurred by Business | ||||||
| European Transportation | $4M-55.6% | $8M+100% | $4M+100% | $0-100% | $9M+12.5% | |
| North American Intermodal Operation | $0— | —— | —— | $4M— | $0— | |
| Adjusted EBITDA by Business | ||||||
| European Transportation | $33M+3.1% | $32M+18.5% | $38M-13.6% | $44M-10.2% | $32M-15.8% | |
| North American LTL | $290M+16.0% | $285M+2.2% | $308M+8.5% | $300M+1.0% | $250M-2.0% | |
| Salaries, wages and employee benefits by Business | ||||||
| European Transportation | $235M+10.8% | $228M+7.5% | $224M+8.7% | $224M+5.7% | $212M-1.4% | |
| North American LTL | $642M+4.4% | $613M-1.3% | $648M+0.9% | $643M+0.6% | $615M+0.3% | |
| Operating taxes and licenses by Business | ||||||
| European Transportation | $5M+66.7% | $6M+100% | $4M0.0% | $4M0.0% | $3M0.0% | |
| North American LTL | $16M0.0% | $17M+6.3% | $17M0.0% | $17M+6.3% | $16M0.0% | |
| Gain (Loss) on Disposition of Property Plant Equipment by Business | ||||||
| European Transportation | $2M+100% | $2M0.0% | $1M-75.0% | $3M-40.0% | $1M-75.0% | |
| North American LTL | -$1M— | $13M-61.8% | -$2M+33.3% | -$2M-100% | $0+100% | |
| Payments for Restructuring by Business | ||||||
| European Transportation | $3M-25.0% | $11M+120% | $1M-66.7% | $3M-25.0% | $4M0.0% | |
| North American Intermodal Operation | $0-100% | —— | $2M— | $1M0.0% | $1M0.0% | |
| Restructuring Reserve by Business | ||||||
| European Transportation | $4M-33.3% | $3M+200% | $6M+200% | $4M+100% | $6M+20.0% | |
| North American Intermodal Operation | $0-100% | $1M-66.7% | $2M+100% | $4M+100% | $1M0.0% | |
| Pension (income) expense by Business | ||||||
| European Transportation | $0— | $1M0.0% | $0— | $0— | $0— | |
| North American LTL | -$4M-100% | -$1M+83.3% | -$2M+66.7% | -$2M+66.7% | -$2M+66.7% | |
| Purchased transportation by Business | ||||||
| European Transportation | $394M+8.5% | $388M+9.6% | $394M+5.9% | $394M+7.1% | $363M+0.8% | |
| North American LTL | $30M-18.9% | $24M-45.5% | $30M-48.3% | $32M-52.9% | $37M-52.6% | |
| Fuel, operating expenses and supplies by Business | ||||||
| European Transportation | $187M+15.4% | $181M+14.6% | $180M+7.1% | $163M-1.2% | $162M-4.7% | |
| North American LTL | $236M+1.7% | $206M-5.5% | $225M-2.6% | $222M-5.9% | $232M-4.5% | |
| Depreciation and amortization expense by Business | ||||||
| European Transportation | $33M+3.1% | $35M+2.9% | $35M-2.8% | $34M-2.9% | $32M-5.9% | |
| North American LTL | $97M+7.8% | $98M+10.1% | $98M+10.1% | $96M+11.6% | $90M+9.8% | |
| Insurance and claims by Business | ||||||
| European Transportation | $16M+60.0% | $13M+8.3% | $16M+33.3% | $15M+15.4% | $10M-28.6% | |
| North American LTL | $18M-25.0% | $34M+100% | $27M+28.6% | $25M+25.0% | $24M+14.3% | |
| Revenue by Geography | ||||||
| Europe (excluding France and United Kingdom) | $221M+5.7% | $224M+3.7% | $220M+2.8% | $224M+0.9% | $209M-5.0% | |
| France | $342M+8.9% | $324M+10.6% | $331M+3.4% | $336M+1.5% | $314M-6.0% | |
| North America (excluding United States) | $27M+3.8% | $25M-3.8% | $27M0.0% | $27M-3.6% | $26M-3.7% | |
| United Kingdom | $305M+17.8% | $297M+15.6% | $305M+13.4% | $281M+10.6% | $259M+6.6% | |
| United States | $1.2B+4.9% | $1.14B+0.9% | $1.23B+0.3% | $1.21B-2.6% | $1.15B-4.0% |
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.
