<span item_type="fundamental" item_id="f8d1c737ef67e6fcb8f245a3dc2af581" counter_id="ST/US/XPO" env="prod"></span><span item_type="announcement" item_id="612734062766202625" env="prod"></span><p>Revenue: As of FY2025 Q4, the actual value is USD 2.011 B, beating the estimate of USD 1.952 B.</p><p>EPS: As of FY2025 Q4, the actual value is USD 0.5, missing the estimate of USD 0.6793.</p><p>EBIT: As of FY2025 Q4, the actual value is USD 196 M.</p><p></p><h3>Overall Company Performance (Fourth Quarter 2025 vs. 2024)</h3><h4>Revenue</h4><ul><li>Total revenue for XPO, Inc. was $2,011 million in the fourth quarter of 2025, an increase of 4.7% from $1,921 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h4>Operational Profitability</h4><ul><li>Operating income was $143 million in the fourth quarter of 2025, a decrease of -3.4% from $148 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Net income was $59 million in the fourth quarter of 2025, a decrease of -22.4% from $76 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted net income, a non-GAAP financial measure, was $105 million in the fourth quarter of 2025, compared with $107 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted EBITDA, a non-GAAP financial measure, was $312 million in the fourth quarter of 2025, an increase of 3.0% from $303 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Cash flow from operating activities was $226 million in the fourth quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>XPO, Inc. ended the year with $310 million of cash and cash equivalents on hand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Net capital expenditures totaled $84 million in the fourth quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h3>North American Less-Than-Truckload Segment (Fourth Quarter 2025 vs. 2024)</h3><h4>Segment Revenue</h4><ul><li>Revenue for the North American Less-Than-Truckload segment was $1,165 million in the fourth quarter of 2025, an increase of 0.8% from $1,156 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Operating income was $184 million in the fourth quarter of 2025, an increase of 2.8% from $179 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted operating income was $181 million in the fourth quarter of 2025, an increase of 13.8% from $159 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted operating ratio improved by 180 basis points to 84.4%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted EBITDA was $285 million in the fourth quarter of 2025, an increase of 1.8% from $280 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Yield, excluding fuel, increased 5.2% year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Shipments per day decreased by -1.6%, and tonnage per day decreased by -4.5% year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Pounds per day were 62,486 thousand in 2025, a decrease of -4.5% from 65,433 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Shipments per day were 48,348 in 2025, a decrease of -1.6% from 49,109 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Average weight per shipment was 1,292 pounds in 2025, a decrease of -3.0% from 1,332 pounds in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Revenue per shipment (excluding fuel surcharges) was $335.28 in 2025, an increase of 3.0% from $325.62 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Gross revenue per hundredweight (excluding fuel surcharges) was $26.12 in 2025, an increase of 5.2% from $24.84 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Average age of the tractor fleet was 3.7 years in 2025, compared to 4.1 years in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h3>European Transportation Segment (Fourth Quarter 2025 vs. 2024)</h3><h4>Segment Revenue</h4><ul><li>Revenue for the European Transportation segment was $846 million in the fourth quarter of 2025, an increase of 10.6% from $765 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Operating income was a loss of -$13 million in the fourth quarter of 2025, compared with a loss of -$11 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted operating income was $2 million in the fourth quarter of 2025, compared with a loss of -$2 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted EBITDA was $32 million in the fourth quarter of 2025, an increase of 18.5% from $27 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h3>Corporate Segment (Fourth Quarter 2025 vs. 2024)</h3><h4>Operational Metrics</h4><ul><li>The Corporate segment generated an operating loss of -$28 million in the fourth quarter of 2025, compared with a loss of -$19 million in the same period of 2024, representing a 47.4% increase in loss.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>Adjusted EBITDA was a loss of -$4 million in the fourth quarter of 2025, which was unchanged from the loss of -$4 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>XPO, Inc. plans to continue executing for market-leading margin expansion and positioning for outsized share and margin gains in a recovery.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li><li>The company expects to generate significant acceleration in free cash flow in the coming years to further compound shareholder value creation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1166003/000110465926010608/tm264962d2_ex99-1.htm"></span></li></ul>

XPO | 8-K: FY2025 Q4 Revenue Beats Estimate at USD 2.011 B