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XPO 8-K Report, Financial Results (Jul 30, 2026)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed July 30, 2026
Period End
July 30, 2026
Security
XPO
In the record · 2016–202610-K1110-Q338-K243

XPO filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 243 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Jun ’19Jun ’19
  2. Deal closed8-K · Aug ’21Aug ’21
  3. Leadership change8-K · Mar ’23Mar ’23
  4. Material agreement8-K · Feb ’25Feb ’25

01—Abstract

Summary

Summary of the 8-K filed July 30, 2026. Cited figures are marked; the original filing is the authoritative source.

XPO, Inc. reported second-quarter 2026 results in an 8-K furnished under Item 2.02, with a press release (Exhibit 99.1) dated July 30, 2026.

Revenue rose to $2.36 billiona from $2.08 billion, operating income increased to $271 million from $198 million, and net income reached $162 million compared with $106 million. Diluted EPS was $1.36 versus $0.89, and adjusted diluted EPS, a non-GAAP measure, was $1.70 versus $1.05. Adjusted EBITDA was $434 million versus $340 million.

The company said adjusted diluted EPS grew 56% year over year, or 25% adjusted EBITDA growth excluding real estate gains. The results were driven mainly by North American Less-Than-Truckload (LTL), where revenue reached $1.43 billion, operating income rose to $285 millionb from $199 million, and adjusted operating ratio improved 300 basis points to 79.9%. Management cited yield growth excluding fuel, productivity gains and higher fuel surcharge revenue, partly offset by higher fuel costs and wage inflation.

Shipments per day rose 2.8% and tonnage per day rose 1.0%. The European Transportation segment posted a $6 millionc operating loss, compared with $11 million of operating income a year earlier, due primarily to restructuring. Its revenue increased to $927 million.

Cash flow and balance sheet items were also reported. The company generated $308 milliond of operating cash flow in the quarter and ended with $298 million of cash and cash equivalents after $101 million of net capital expenditures, $70 million of common stock repurchases and $70 million of term loan repayments. Long-term debt was $3.05 billion at June 30, 2026, compared with $3.25 billion at December 31, 2025.

02—Key points

Key Highlights

  1. Revenue of $2.36 billion for Q2 2026, up from $2.08 billion, with net income of $162 million versus $106 million a year earlier.
  2. Adjusted diluted EPS of $1.70 versus $1.05; excluding $0.06 per share of real estate gains, adjusted diluted EPS was $1.64.
  3. North American LTL operating income rose to $285 million from $199 million, and adjusted operating ratio improved 300 basis points to 79.9%.
  4. North American LTL yield, excluding fuel, increased 4.4% year over year, with shipments per day up 2.8% and tonnage per day up 1.0%.
  5. European Transportation swung to a $6 million operating loss from $11 million of operating income, due primarily to $21 million of restructuring costs in the segment.
  6. Company-wide restructuring costs were $22 million in the quarter, compared with $8 million a year earlier.
  7. Q2 operating cash flow of $308 million, with $298 million of cash on hand at June 30, 2026, after $70 million of share repurchases and $70 million of term loan repayments.

03—Questions

Frequently Asked Questions

  1. How did XPO perform in the second quarter of 2026?

    Revenue rose to $2.36 billion from $2.08 billion, operating income increased to $271 million from $198 million, and net income increased to $162 million from $106 million. Diluted EPS was $1.36 versus $0.89, and adjusted diluted EPS was $1.70 versus $1.05.

  2. What drove the improvement in North American LTL?

    Management attributed the improvement to yield growth, higher tonnage per day, productivity improvements and higher fuel surcharge revenue, partly offset by higher fuel costs and wage inflation. Adjusted operating income rose 36% year over year to $287 million, and the adjusted operating ratio was 79.9%, a 300 basis point improvement.

  3. Why did the European Transportation segment report an operating loss?

    The filing states the segment's operating loss of $6 million, compared with income of $11 million a year earlier, was due primarily to restructuring. Restructuring costs for the segment were $21 million in the quarter. Segment revenue still increased to $927 million from $841 million.

  4. Did the quarter include one-time items that boosted earnings?

    Yes. The company recorded $7 million of net gains from sales of real estate ($9 million pre-tax), or $0.06 per diluted share, in the second quarter of 2026. Excluding these gains, adjusted diluted EPS was $1.64. There were no real estate gains in the second quarter of 2025.

  5. How did XPO use its cash in the quarter?

    The company generated $308 million of cash flow from operating activities and completed $101 million of net capital expenditures, $70 million of common stock repurchases and $70 million of term loan repayments. It ended the quarter with $298 million of cash and cash equivalents.

04—Continue

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