XPO Q2 2026 revenue rises 13% to $2.36 billion; net income up 53% to $162 million
XPO reported second quarter 2026 results with revenue of $2.36 billion, up 13.2% from a year earlier, and net income of $162 million, or $1.36 per diluted share, versus $0.89 a year earlier. Adjusted diluted EPS rose to $1.70 from $1.05, and the North American LTL segment posted a record 79.9% adjusted operating ratio, though the filing contains no updated full-year guidance. Shareholders benefit from stronger profit growth, but European Transportation swung to an operating loss due to restructuring costs.
Key points
- Revenue of $2.36 billion versus $2.08 billion in Q2 2025; net income of $162 million versus $106 million
- Diluted EPS $1.36 (GAAP) versus $0.89; adjusted diluted EPS $1.70 versus $1.05
- North American LTL adjusted operating income rose 36% to $287 million; European Transportation operating loss of $6 million versus $11 million income, mainly due to restructuring
- Q2 cash flow from operations $308 million; $70 million of common stock repurchases and $70 million of term loan repayments
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.