GXO Logistics (GXO) Gross Margin (2020 - 2026)

GXO Logistics (GXO) recorded quarterly Gross Margin of 14.86% in Q1 2026, down 4.39% quarter-over-quarter from 15.54% in Q4 2025, and up 78.0% on a YoY basis from 8.35% in Q1 2025.

GXO Logistics (GXO) Gross Margin (2020 - 2026) Analysis & Trends

GXO Logistics' Gross Margin history runs 7 years deep, the most recent figure standing at 14.86% for Q1 2026.

  • In Q1 2026, Gross Margin rose 78.0% year-over-year to 14.86%; the TTM figure through Mar 2026 stood at 15.25% (down 8.0% YoY), while the FY2025 annual figure was 15.09%, down 77.0% from the prior year.
  • Gross Margin was 14.86% for Q1 2026 at GXO Logistics, down from 15.54% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 18.58% in Q3 2023 to a low of 14.07% in Q1 2025.
  • Historically, Gross Margin has averaged 16.4% across 5 years, with a median of 16.08% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 204 bps in 2022, then sank 318 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 17.51% in 2022, then dropped by 5 bps to 16.6% in 2023, then declined by 5 bps to 15.78% in 2024, then retreated by 2 bps to 15.54% in 2025, then slipped by 4 bps to 14.86% in 2026.
  • The last three Gross Margin figures came in at 14.86% (Q1 2026), 15.54% (Q4 2025), and 15.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 86.96%
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 85.38%
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 94.27%
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 37.30%
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 99.58%
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 98.74%
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 14.86%
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 24.36%
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 78.63%
10 Cryoport 783.40 Mn 379.76 Mn 21.91 Mn 45.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.86%
Dec 31, 2025 15.54%
Sep 30, 2025 15.85%
Jun 30, 2025 14.73%
Mar 31, 2025 14.07%
Dec 31, 2024 15.78%
Sep 30, 2024 15.39%
Jun 30, 2024 16.06%
Mar 31, 2024 16.29%
Dec 31, 2023 16.60%
Sep 30, 2023 18.58%
Jun 30, 2023 18.25%
Mar 31, 2023 17.95%
Dec 31, 2022 17.51%
Sep 30, 2022 17.58%
Jun 30, 2022 17.67%
Mar 31, 2022 16.08%
Dec 31, 2021 15.47%
Sep 30, 2021 16.36%
Jun 30, 2021 17.43%