Financial Statements — GXO
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 0.77 | 0.79 | 0.34 | 0.21 | 0.29 | 0.55 | 0.47 | 0.42 | 0.47 | 0.31 | 0.43 | 0.43 | 0.38 | 0.31 | 0.28 | 0.33 |
| Accounts Receivable | 2.07 | 2.02 | 2.02 | 1.95 | 1.90 | 1.97 | 1.91 | 1.67 | 1.66 | 1.72 | 1.61 | 1.51 | 1.56 | 1.49 | 1.39 | 1.30 |
| Total Current Assets | 3.25 | 3.21 | 2.81 | 2.59 | 2.63 | 2.96 | 2.80 | 2.46 | 2.47 | 2.31 | 2.31 | 2.24 | 2.26 | 2.03 | 1.96 | 1.96 |
| Property, Plant & Equipment | 1.26 | 1.18 | 1.20 | 1.26 | 1.22 | 1.16 | 1.09 | 0.95 | 0.92 | 0.97 | 0.96 | 0.91 | 0.91 | 0.83 | 0.85 | 0.84 |
| Goodwill | 3.73 | 3.73 | 3.78 | 3.83 | 3.62 | 3.68 | 3.66 | 2.87 | 2.73 | 2.80 | 2.77 | 2.60 | 2.77 | 1.99 | 2.04 | 2.06 |
| Intangible Assets | 0.84 | 0.87 | 0.96 | 1.01 | 0.98 | 1.06 | 0.94 | 0.54 | 0.51 | 0.54 | 0.56 | 0.58 | 0.56 | 0.24 | 0.27 | 0.30 |
| Total Non-current Assets | 9.12 | 8.98 | 9.10 | 9.34 | 8.69 | 8.94 | 8.56 | 6.92 | 6.63 | 6.82 | 6.78 | 6.56 | 6.45 | 5.10 | 5.18 | 5.11 |
| Total Assets | 12.37 | 12.19 | 11.91 | 11.93 | 11.32 | 11.90 | 11.36 | 9.38 | 9.09 | 9.13 | 9.09 | 8.81 | 8.71 | 7.13 | 7.13 | 7.07 |
| Accounts Payable | 0.71 | 0.71 | 0.72 | 0.69 | 0.72 | 0.75 | 0.69 | 0.62 | 0.60 | 0.57 | 0.65 | 0.57 | 0.59 | 0.55 | 0.50 | 0.46 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | 0.08 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 4.12 | 3.78 | 3.93 | 3.41 | 3.37 | 3.43 | 3.27 | 2.63 | 2.43 | 2.40 | 2.42 | 2.28 | 2.36 | 2.12 | 2.25 | 2.01 |
| Long-term Debt | 2.45 | 2.65 | 2.18 | 2.60 | 2.55 | 2.56 | 2.55 | 1.51 | 1.62 | 1.63 | 1.70 | 1.79 | 1.80 | 0.91 | 0.93 | 0.58 |
| Total Non-current Liabilities | 5.23 | 5.42 | 4.99 | 5.54 | 5.05 | 5.33 | 5.16 | 3.85 | 3.84 | 3.91 | 3.95 | 3.93 | 3.78 | 2.63 | 2.55 | 2.15 |
| Total Liabilities* | 9.38 | 9.23 | 8.95 | 8.99 | 8.45 | 8.79 | 8.46 | 6.51 | 6.31 | 6.35 | 6.41 | 6.24 | 6.18 | 4.79 | 4.84 | 4.19 |
| Retained Earnings | 0.75 | 0.72 | 0.68 | 0.62 | 0.59 | 0.59 | 0.55 | 0.52 | 0.48 | 0.41 | 0.35 | 0.28 | 0.21 | 0.16 | 0.07 | -- |
| Total Stockholder Equity | 2.99 | 2.97 | 2.96 | 2.94 | 2.87 | 3.11 | 2.90 | 2.87 | 2.78 | 2.78 | 2.69 | 2.57 | 2.53 | 2.34 | 2.30 | 2.87 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 3.44 | 3.30 | 3.51 | 3.40 | 3.30 | 2.98 | 3.25 | 3.16 | 2.85 | 2.46 | 2.59 | 2.47 | 2.39 | 2.32 | 2.47 | 2.29 | 2.16 | 2.08 | 2.26 | 1.97 |
| Selling, General & Admin | 0.30 | 0.30 | 0.29 | 0.28 | 0.27 | 0.26 | 0.28 | 0.27 | 0.27 | 0.25 | 0.24 | 0.26 | 0.25 | 0.26 | 0.25 | 0.23 | 0.22 | 0.19 | 0.20 | 0.17 |
| Operating Income | 0.08 | 0.04 | 0.09 | 0.12 | 0.09 | (0.06) | 0.10 | 0.08 | 0.08 | (0.04) | 0.09 | 0.09 | 0.10 | 0.04 | 0.07 | 0.07 | 0.06 | 0.04 | 0.06 | 0.04 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
| Pretax Income | 0.05 | 0.02 | 0.07 | 0.09 | 0.04 | (0.09) | 0.10 | 0.04 | 0.05 | (0.05) | 0.07 | 0.08 | 0.09 | 0.03 | 0.06 | 0.08 | 0.07 | 0.05 | 0.07 | 0.04 |
| Tax Provision | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 | 0.00 | -0.00 | 0.01 | 0.01 | (0.01) | -0.00 | 0.02 | 0.02 | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | (0.03) |
| Net Income | 0.03 | 0.00 | 0.04 | 0.06 | 0.03 | (0.10) | 0.10 | 0.03 | 0.04 | (0.04) | 0.07 | 0.07 | 0.07 | 0.03 | 0.05 | 0.06 | 0.05 | 0.04 | 0.06 | 0.07 |
| Basic EPS | 0.22 | 0.03 | 0.34 | 0.52 | 0.23 | (0.81) | 0.83 | 0.28 | 0.32 | (0.31) | 0.62 | 0.55 | 0.55 | 0.21 | 0.39 | 0.53 | 0.44 | 0.32 | 0.49 | 0.63 |
| Diluted EPS | 0.22 | 0.03 | 0.35 | 0.51 | 0.23 | (0.81) | 0.83 | 0.28 | 0.32 | (0.31) | 0.62 | 0.55 | 0.54 | 0.21 | 0.38 | 0.53 | 0.44 | 0.32 | 0.48 | 0.62 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 76.00 | 31.00 | 170.00 | 232.00 | 3.00 | 29.00 | 186.00 | 198.00 | 115.00 | 50.00 | 215.00 | 243.00 | 61.00 | 39.00 | 226.00 | 116.00 | 154.00 | 46.00 | 204.00 | 105.00 |
| Capital Expenditures | 65.00 | 65.00 | 55.00 | 144.00 | 47.00 | 78.00 | 104.00 | 94.00 | 88.00 | 73.00 | 69.00 | 55.00 | 59.00 | 91.00 | 103.00 | 85.00 | 89.00 | 65.00 | 70.00 | 61.00 |
| Free Cash Flow* | 11.00 | (34.00) | 115.00 | 88.00 | (44.00) | (49.00) | 82.00 | 104.00 | 27.00 | (23.00) | 146.00 | 188.00 | 2.00 | (52.00) | 123.00 | 31.00 | 65.00 | (19.00) | 134.00 | 44.00 |
| Investing Cash Flow | (64.00) | (62.00) | (27.00) | (46.00) | (46.00) | (77.00) | (50.00) | (93.00) | (932.00) | (82.00) | (218.00) | (52.00) | (58.00) | (82.00) | (93.00) | (53.00) | (959.00) | (44.00) | (67.00) | (69.00) |
| Financing Cash Flow | (36.00) | (26.00) | 377.00 | (39.00) | (161.00) | (66.00) | (193.00) | (28.00) | 865.00 | (8.00) | (16.00) | (15.00) | (126.00) | (29.00) | (76.00) | (6.00) | 887.00 | (18.00) | (76.00) | (87.00) |
* Derived from reported values
