---
title: "XPO | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.355 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294347874.md"
datetime: "2026-07-30T10:47:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294347874.md)
  - [en](https://longbridge.com/en/news/294347874.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294347874.md)
---

# XPO | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.355 B

Revenue: As of FY2026 Q2, the actual value is USD 2.355 B, beating the estimate of USD 2.273 B.

EPS: As of FY2026 Q2, the actual value is USD 1.36.

EBIT: As of FY2026 Q2, the actual value is USD 269 M.

### Overall Financial Performance (Q2 2026 vs Q2 2025)

-   #### Net Income
    
    Net income increased by 52.8% to $162 million from $106 million in the prior year period. Adjusted net income rose to $201 million compared to $125 million in Q2 2025.
    
-   #### Operating Income
    
    Operating income grew by 36.9% to $271 million, up from $198 million.
    
-   #### Adjusted EBITDA
    
    Adjusted EBITDA rose by 27.6% to $434 million from $340 million.
    

### Operating Costs (Q2 2026 vs Q2 2025)

-   #### Salaries, Wages, and Employee Benefits
    
    Salaries, wages, and employee benefits increased by 6.7% to $929 million from $871 million.
    
-   #### Purchased Transportation Costs
    
    Purchased transportation costs rose by 8.9% to $464 million from $426 million.
    
-   #### Fuel, Operating Expenses, and Supplies
    
    Fuel, operating expenses, and supplies increased by 24.0% to $476 million from $384 million.
    
-   #### Operating Taxes and Licenses
    
    Operating taxes and licenses saw a 4.8% increase to $22 million, up from $21 million.
    
-   #### Insurance and Claims
    
    Insurance and claims remained flat at $40 million.
    
-   #### Depreciation and Amortization Expense
    
    Depreciation and amortization expense increased by 2.3% to $134 million from $131 million.
    
-   #### Restructuring Costs
    
    Restructuring costs rose by 175.0% to $22 million from $8 million.
    

### Cash Flow (Q2 2026)

-   #### Cash Flow from Operating Activities
    
    XPO, Inc. generated $308 million in cash flow from operating activities during the second quarter.
    
-   #### Cash and Cash Equivalents
    
    The company ended the quarter with $298 million in cash and cash equivalents.
    
-   #### Capital Expenditures and Repayments
    
    During the quarter, XPO, Inc. completed $101 million in net capital expenditures, repurchased $70 million of common stock, and made $70 million in term loan repayments.
    

### Segment Performance (Q2 2026 vs Q2 2025)

-   #### North American Less-Than-Truckload (LTL) Segment
    
    -   **Operating Income**: Operating income increased by 43.2% to $285 million, from $199 million. Adjusted operating income grew by 36.0% to $287 million, compared to $211 million.
    -   **Adjusted Operating Ratio**: The adjusted operating ratio improved by 300 basis points year-over-year to a record 79.9%.
    -   **Adjusted EBITDA**: Adjusted EBITDA for the segment increased by 30.0% to $390 million, up from $300 million.
    -   **Operational Metrics**: Yield, excluding fuel, increased by 4.4%, shipments per day increased by 2.8%, and tonnage per day increased by 1.0%. The segment achieved a company-best damage claims ratio below 0.2%.
-   #### European Transportation Segment
    
    -   **Operating Income/Loss**: This segment reported an operating loss of - $6 million, compared to an operating income of $11 million in the same period last year, primarily due to restructuring.
    -   **Adjusted Operating Income**: Adjusted operating income increased by 40.0% to $21 million from $15 million.
    -   **Adjusted EBITDA**: Adjusted EBITDA for the segment grew by 9.1% to $48 million, up from $44 million.
-   #### Corporate Segment
    
    -   **Operating Loss**: The Corporate segment recorded an operating loss of - $9 million, an improvement from a loss of - $11 million in the prior year.
    -   **Adjusted EBITDA**: Adjusted EBITDA remained consistent at - $4 million.

### Outlook / Guidance

The report includes forward-looking statements regarding XPO, Inc.’s ability to improve pricing growth and the anticipated impact of a freight market recovery. The company expects to capture profitable share gains, facilitate yield growth, and improve free cash flow and margins during an upcycle. No specific quantitative financial guidance or outlook for future periods is provided within this report.

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- [XPO.US](https://longbridge.com/en/quote/XPO.US.md)

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