XPO, Inc. Reports First Quarter 2026 Financial Results

XPO, Inc. announced its financial results for the first quarter ended March 31, 2026. The company reported a significant increase in performance, with diluted earnings per share rising to $0.85 from $0.58 in the same period of 2025, and adjusted diluted earnings per share increasing to $1.01 from $0.73 year-over-year. Total revenue for the quarter was $2.096 billion, a 7.3% increase compared to $1.954 billion in the first quarter of 2025. Operating income grew by 15.2% to $174 million, and net income increased by 46.4% to $101 million. The North American Less-Than-Truckload (LTL) segment showed strong performance, with revenue up 4.9% to $1.229 billion and operating income increasing by 19.6% to $189 million. Adjusted EBITDA for the consolidated company rose by 14.7% to $319 million. The company highlighted improved operational efficiency, including a record low damage claims ratio and increased productivity through AI implementation in its North American LTL operations. XPO generated $183 million in cash flow from operations.