GXO Logistics (GXO) Cost of Revenue (2020 - 2026)

GXO Logistics (GXO) recorded quarterly Cost of Revenue of $2.8 billion in Q1 2026, down 5.2% quarter-over-quarter from $3.0 billion in Q4 2025, and up 9.77% on a YoY basis from $2.6 billion in Q1 2025.

GXO Logistics (GXO) Cost of Revenue (2020 - 2026) Analysis & Trends

GXO Logistics' Cost of Revenue history runs 7 years deep, the most recent figure standing at $2.8 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 9.77% year-over-year to $2.8 billion; the TTM figure through Mar 2026 stood at $11.4 billion (up 10.48% YoY), while the FY2025 annual figure was $11.2 billion, up 13.57% from the prior year.
  • Cost of Revenue was $2.8 billion for Q1 2026 at GXO Logistics, down from $3.0 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.0 billion in Q4 2025 to a low of $1.7 billion in Q1 2022.
  • Historically, Cost of Revenue has averaged $2.3 billion across 5 years, with a median of $2.2 billion in 2023.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue increased 6.14% in 2023, then surged 32.75% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $2.0 billion in 2022, then climbed by 6.14% to $2.2 billion in 2023, then gained by 26.71% to $2.7 billion in 2024, then grew by 8.22% to $3.0 billion in 2025, then dropped by 5.2% to $2.8 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.8 billion (Q1 2026), $3.0 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 2.76 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 3.51 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 175.06 Mn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 2.52 Bn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 11.94 Mn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 14.80 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 2.81 Bn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 1.46 Bn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 102.03 Mn
10 Cryoport 783.40 Mn 379.76 Mn 21.91 Mn 25.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.81 Bn
Mar 31, 2026 2.81 Bn
Dec 31, 2025 2.96 Bn
Dec 31, 2025 2.96 Bn
Sep 30, 2025 2.86 Bn
Sep 30, 2025 2.86 Bn
Jun 30, 2025 2.81 Bn
Jun 30, 2025 2.81 Bn
Mar 31, 2025 2.56 Bn
Mar 31, 2025 2.56 Bn
Dec 31, 2024 2.74 Bn
Dec 31, 2024 2.74 Bn
Sep 30, 2024 2.67 Bn
Sep 30, 2024 2.67 Bn
Jun 30, 2024 2.39 Bn
Jun 30, 2024 2.39 Bn
Mar 31, 2024 2.06 Bn
Mar 31, 2024 2.06 Bn
Dec 31, 2023 2.16 Bn
Dec 31, 2023 2.16 Bn