GXO Logistics (GXO) Tax Provisions (2020 - 2026)

GXO Logistics (GXO) recorded quarterly Tax Provisions of $12.0 million in Q1 2026, down 47.83% quarter-over-quarter from $23.0 million in Q4 2025, and up 500.0% on a YoY basis from $2.0 million in Q1 2025.

GXO Logistics (GXO) Tax Provisions (2020 - 2026) Analysis & Trends

GXO Logistics' Tax Provisions history runs 7 years deep, the most recent figure standing at $12.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 500.0% year-over-year to $12.0 million; the TTM figure through Mar 2026 stood at $78.0 million (up 290.0% YoY), while the FY2025 annual figure was $68.0 million, up 750.0% from the prior year.
  • Tax Provisions was $12.0 million for Q1 2026 at GXO Logistics, down from $23.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $28.0 million in Q3 2025 to a low of -$10.0 million in Q1 2024.
  • Historically, Tax Provisions has averaged $10.9 million across 5 years, with a median of $13.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Tax Provisions surged 2000.0% in 2022, then slumped 433.33% in 2024.
  • A 5-year view of Tax Provisions shows it stood at $13.0 million in 2022, then slumped by 138.46% to -$5.0 million in 2023, then surged by 40.0% to -$3.0 million in 2024, then surged by 866.67% to $23.0 million in 2025, then tumbled by 47.83% to $12.0 million in 2026.
  • The last three Tax Provisions figures came in at $12.0 million (Q1 2026), $23.0 million (Q4 2025), and $28.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 260.00 Mn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 207.00 Mn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 47.60 Mn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 19.44 Mn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 74.80 Mn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 13.28 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 12.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -80.05 Mn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 22.34 Mn
10 Cryoport 783.40 Mn 379.76 Mn 21.91 Mn 108,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 12.00 Mn
Dec 31, 2025 23.00 Mn
Sep 30, 2025 28.00 Mn
Jun 30, 2025 15.00 Mn
Mar 31, 2025 2.00 Mn
Dec 31, 2024 -3.00 Mn
Sep 30, 2024 7.00 Mn
Jun 30, 2024 14.00 Mn
Mar 31, 2024 -10.00 Mn
Dec 31, 2023 -5.00 Mn
Sep 30, 2023 15.00 Mn
Jun 30, 2023 20.00 Mn
Mar 31, 2023 3.00 Mn
Dec 31, 2022 13.00 Mn
Sep 30, 2022 19.00 Mn
Jun 30, 2022 21.00 Mn
Mar 31, 2022 11.00 Mn
Dec 31, 2021 13.00 Mn
Sep 30, 2021 -31.00 Mn
Jun 30, 2021 1.00 Mn