GXO Logistics (GXO) Operating Expenses (2020 - 2026)

GXO Logistics (GXO) recorded quarterly Operating Expenses of $385.0 million in Q1 2026, little changed quarter-over-quarter from $384.0 million in Q4 2025, and up 7.54% on a YoY basis from $358.0 million in Q1 2025.

GXO Logistics (GXO) Operating Expenses (2020 - 2026) Analysis & Trends

GXO Logistics' Operating Expenses history runs 7 years deep, the most recent figure standing at $385.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.54% year-over-year to $385.0 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 6.02% YoY), while the FY2025 annual figure was $1.5 billion, up 5.6% from the prior year.
  • Operating Expenses was $385.0 million for Q1 2026 at GXO Logistics, roughly flat from $384.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $385.0 million in Q1 2026 to a low of $203.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $305.3 million across 5 years, with a median of $338.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses slipped 13.48% in 2023, then soared 54.98% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $267.0 million in 2022, then retreated by 13.48% to $231.0 million in 2023, then jumped by 54.98% to $358.0 million in 2024, then climbed by 7.26% to $384.0 million in 2025, then gained by 0.26% to $385.0 million in 2026.
  • The last three Operating Expenses figures came in at $385.0 million (Q1 2026), $384.0 million (Q4 2025), and $375.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 19.94 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 22.65 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 2.85 Bn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 3.84 Bn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 2.61 Bn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 1.12 Bn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 385.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -100.02 Mn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 396.94 Mn
10 Cryoport 783.40 Mn 379.76 Mn 21.91 Mn 31.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 385.00 Mn
Dec 31, 2025 384.00 Mn
Sep 30, 2025 375.00 Mn
Jun 30, 2025 354.00 Mn
Mar 31, 2025 358.00 Mn
Dec 31, 2024 358.00 Mn
Sep 30, 2024 349.00 Mn
Jun 30, 2024 348.00 Mn
Mar 31, 2024 338.00 Mn
Dec 31, 2023 231.00 Mn
Sep 30, 2023 265.00 Mn
Jun 30, 2023 248.00 Mn
Mar 31, 2023 279.00 Mn
Dec 31, 2022 267.00 Mn
Sep 30, 2022 227.00 Mn
Jun 30, 2022 221.00 Mn
Mar 31, 2022 203.00 Mn
Dec 31, 2021 194.00 Mn
Sep 30, 2021 173.00 Mn
Jun 30, 2021 176.00 Mn