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XPO XPO Total costs & expenses

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Segments

By segment

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North American LTL$206M-5.5%
European Transportation$187M+15.4%

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$23.53B+67.2%
Enterprise value$27.06B+49.2%
P/E58.2×+17.5×
P/S2.7×+1.0×

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 / equity-0.4×
Current ratio0.0×

Where this comes from

Reported directly by XPO in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

The source filing: XPO’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001166003-26-000063
(In millions, except per share data)Three Months Ended March 31, 20262025
Revenue$2,096$1,954
Salaries, wages and employee benefits880832
Purchased transportation423399
Fuel, operating expenses and supplies423393
Operating taxes and licenses2119
Insurance and claims3435
Gains on sales of property and equipment(1)(2)
Depreciation and amortization expense131123

Item 1. Financial Statements (Unaudited):

FAQ

What is XPO's total costs & expenses?
XPO (XPO) reported total costs & expenses of $423M in Q1 2026.
How has XPO's total costs & expenses changed year-over-year?
XPO's total costs & expenses increased by 7.6% year-over-year, from $393M to $423M.
What is the long-term trend for XPO's total costs & expenses?
Over 4 years (2021 to 2025), XPO's total costs & expenses has grown at a -21.5% compound annual growth rate (CAGR), from $4.14B to $1.57B.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating and non-operating costs incurred by the company to generate revenue during a specific period. It encompasses labor, transportation, fuel, depreciation, and other administrative or restructuring charges necessary for business operations. Monitoring this total provides insight into the company's overall cost structure and operational efficiency relative to its top-line performance.

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