Xpo (XPO) Gross Margin (2010 - 2026)
Xpo (XPO) posted quarterly Gross Margin of 80.3% for Q2 2026, up 78.0% year-over-year from 45.11% in Q2 2025, and up 0.6% quarter-over-quarter from 79.82% in Q1 2026.
Xpo (XPO) Gross Margin (2010 - 2026) Analysis & Trends
Xpo's Gross Margin history runs 17 years deep, the most recent figure standing at 80.3% for Q2 2026.
- In Q2 2026, Gross Margin rose 78.0% year-over-year to 80.3%; the TTM figure through Jun 2026 stood at 79.9% (up 54.0% YoY), while the FY2025 annual figure was 79.62%, up 70.0% from the prior year.
- Gross Margin for Q2 2026 stood at 80.3%, up from 79.82% in the prior quarter.
- The five-year high for Gross Margin was 80.3% in Q2 2026, with the low at 73.07% in Q1 2022.
- The 5-year median for Gross Margin is 78.66% (2024), against an average of 77.87%.
- Peak annual rise in Gross Margin reached 10134 bps in 2022, while the deepest fall reached 28474 bps in 2022.
- Xpo's Gross Margin stood at 75.48% in 2022, then climbed by 4 bps to 78.25% in 2023, then climbed by 1 bps to 79.29% in 2024, then grew by 0 bps to 79.51% in 2025, then climbed by 1 bps to 80.3% in 2026.
- Business Quant data shows XPO's Gross Margin at 80.3% in Q2 2026, 79.82% in Q1 2026, and 79.51% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 97.83% |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 80.30% |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 84.63% |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 63.86% |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 17.02% |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 95.93% |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | - |
| 10 | Marten Transport | 1.22 Bn | 1.11 Bn | 184.72 Mn | 82.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 80.30% |
| 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% |