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GXO Logistics (GXO) Q3 FY2026 earnings: revenue $3.6 billion, up 5.7% on the year

GXO Logistics, Inc. (GXO) reported revenue of $3.6 billion for Q3 FY2026, the quarter ended 30 September 2026, up 5.7% on the same quarter a year earlier. Net income was $64 million, up 8.5% on the year, and diluted earnings per share $0.56. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue
$3.6 billion
+5.7% on the year · +4.3% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
2.7%
3.5% a year earlier
Q4 FY2024Q3 FY2026
Net income
$64 million
+8.5% on the year · +156.0% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$0.56
+9.8% on the year · +154.5% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 kept.

  • Revenue up 5.7%, organic 6.4%: Revenue was $3.6 billion, up 5.7% from $3.4 billion a year earlier. Organic revenue growth was 6.4%, which the company said was the highest in more than three years.
  • New business wins up 34%: New business wins were $375 million, up 34%. This is the second consecutive quarter of growth above 30%.
  • Record pipeline of $3.1 billion: The sales pipeline reached a record $3.1 billion, up more than 30% year over year.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue3,5903,4413,395+4.3%+5.7%
Selling, general and administrative285295285-3.4%0.0%
Operating income96.077.0118+24.7%-18.6%
Operating margin2.7%2.2%3.5%
Interest expense36.035.035.0+2.9%+2.9%
Pre-tax income72.048.088.0+50.0%-18.2%
Income tax7.021.028.0-66.7%-75.0%
Effective tax rate9.7%43.8%31.8%
Net income64.025.059.0+156.0%+8.5%
Net margin1.8%0.7%1.7%
Diluted EPS$0.56$0.22$0.51+154.5%+9.8%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow15676.0232+105.3%-32.8%
Capital expenditure74.065.0144+13.8%-48.6%
Free cash flow82.011.088.0+645.5%-6.8%
Free cash flow margin2.3%0.3%2.6%
Cash from investing-109-64.0-46.0
Cash from financing-474-36.0-39.0
Depreciation and amortisation115117118-1.7%-2.5%
Share-based compensation12.013.011.0-7.7%+9.1%
Buybacks84.018.00.0+366.7%
Diluted shares, weighted115m116m115m-0.9%-0.6%
Shares outstanding at period end113m115m114m-1.5%-1.3%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity2,9932,9872,955+0.2%+1.3%
Non-controlling interest31.035.033.0-11.4%-6.1%
Debt2,8183,2032,698-12.0%+4.4%
Operating lease liabilities2,2252,1372,060+4.1%+8.0%
Finance lease liabilities405401294+1.0%+37.8%
Other liabilities3,6733,6083,867+1.8%-5.0%
Total liabilities and equity12,14512,37111,907-1.8%+2.0%
Goodwill3,7223,7273,779-0.1%-1.5%
Intangible assets812839959-3.2%-15.3%
Cash and equivalents340769339-55.8%+0.3%
Receivables2,1882,0702,015+5.7%+8.6%
Other assets5,0834,9664,815+2.4%+5.6%
Total assets12,14512,37111,907-1.8%+2.0%

Questions

What was GXO Logistics' revenue in Q3 FY2026?

GXO Logistics (GXO) reported revenue of $3.6 billion for Q3 FY2026, the quarter ended 30 September 2026, up 5.7% on the same quarter a year earlier.

How much did GXO Logistics earn in Q3 FY2026?

Net income for Q3 FY2026 was $64 million, up 8.5% on the year, and diluted earnings per share $0.56.

When did GXO Logistics report Q3 FY2026 results?

GXO Logistics filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue2,2622,0832,1562,2872,4672,3232,3942,4712,5902,4562,8463,1573,2502,9773,2993,3953,5073,2983,4413,590
SG&A195190220227249258245258237249270265277261272285288296295285
Operating income63.037.059.072.074.042.099.090.087.0-39.075.081.0101-56.089.011894.039.077.096.0
Operating margin3%2%3%3%3%2%4%4%3%-2%3%3%3%-2%3%3%3%1%2%3%
Interest expense5.04.09.06.010.013.014.014.012.013.023.033.034.032.036.035.030.032.035.036.0
Pre-tax income70.049.073.083.059.029.086.083.068.0-46.053.042.097.0-93.043.088.066.017.048.072.0
Tax rate19%22%29%23%22%10%23%18%-7%n/a26%17%-3%n/a35%32%35%71%44%10%
Net income56.037.051.063.046.025.065.066.073.0-37.038.033.0100-96.026.059.043.04.025.064.0
Net margin2%2%2%3%2%1%3%3%3%-2%1%1%3%-3%1%2%1%0%1%2%
Diluted EPS$0.48$0.32$0.44$0.53$0.39$0.21$0.54$0.55$0.61-$0.31$0.32$0.28$0.83-$0.81$0.23$0.51$0.37$0.03$0.22$0.56
Operating cash flow20446.015411622639.061.024321550.011519818629.03.023217031.076.0156
Capital expenditure70.065.089.085.010391.059.055.069.073.088.094.010478.047.014455.065.065.074.0
Free cash flow134-19.065.031.0123-52.02.0188146-23.027.010482.0-49.0-44.088.0115-34.011.082.0
Buybacksn/an/an/an/an/an/an/an/an/a0.00.00.00.010694.00.00.00.018.084.0
Shares outstanding115m115m119m119m115m119m119m119m119m119m119m119m119m117m114m114m115m115m115m113m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.