Xpo (XPO) Gross Margin (2010 - 2026)

Xpo (XPO) posted quarterly Gross Margin of 79.82% for Q1 2026, up 24.0% year-over-year from 64.37% in Q1 2025, and little changed on a QoQ basis from 79.51% in Q4 2025.

Xpo (XPO) Gross Margin (2010 - 2026) Analysis & Trends

Xpo (XPO) has reported Gross Margin for 17 consecutive years, with 79.82% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 24.0% year-over-year to 79.82%; the TTM figure through Mar 2026 stood at 79.69% (up 46.0% YoY), while the FY2025 annual figure was 79.62%, up 70.0% from the prior year.
  • Gross Margin came in at 79.82% for Q1 2026 at Xpo, roughly flat from 79.51% in the prior quarter.
  • The five-year high for Gross Margin was 79.91% in Q3 2025, with the low at 73.07% in Q1 2022.
  • Average Gross Margin over 5 years is 77.72%, with a median of 78.3% recorded in 2024.
  • The largest YoY upside for Gross Margin was 10134 bps in 2022 against a maximum downside of 28474 bps in 2022.
  • Year by year, Gross Margin stood at 75.48% in 2022, then gained by 4 bps to 78.25% in 2023, then gained by 1 bps to 79.29% in 2024, then advanced by 0 bps to 79.51% in 2025, then grew by 0 bps to 79.82% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 79.82%, 79.51%, and 79.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn 49.44%
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 99.64%
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 79.82%
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn 84.94%
5 Saia 11.19 Bn 11.15 Bn - -
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 91.13%
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn 17.82%
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn 95.31%
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 89.80%
10 Marten Transport 1.42 Bn 1.37 Bn 203.18 Mn 96.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 79.82%
Dec 31, 2025 79.51%
Sep 30, 2025 79.91%
Jun 30, 2025 79.52%
Mar 31, 2025 79.58%
Dec 31, 2024 79.29%
Sep 30, 2024 79.06%
Jun 30, 2024 79.03%
Mar 31, 2024 78.30%
Dec 31, 2023 78.25%
Sep 30, 2023 77.93%
Jun 30, 2023 76.84%
Mar 31, 2023 76.04%
Dec 31, 2022 75.48%
Sep 30, 2022 75.33%
Jun 30, 2022 74.35%
Mar 31, 2022 73.07%
Dec 31, 2021 360.21%
Sep 30, 2021 -26.01%
Jun 30, 2021 -16.71%