Xpo (XPO) Gross Margin (2010 - 2026)
Xpo's quarterly Gross Margin came in at 79.82% in Q1 2026, up 24.0% year-on-year from 64.37% in Q1 2025, and little changed quarter-over-quarter from 79.51% in Q4 2025.
Xpo has reported Gross Margin for 17 years, with the latest figure at 79.82% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 24.0% year-over-year to 79.82%; the trailing twelve-month figure through Mar 2026 stood at 79.69% (up 46.0% YoY), and the FY2025 full-year result was 79.62%, up 70.0% from the prior year.
- Gross Margin for Q1 2026 stood at 79.82%, 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.
- Peak annual rise in Gross Margin reached 10134 bps in 2022, while the deepest fall reached 28474 bps in 2022.
- Tracing XPO's Gross Margin over 5 years: stood at 75.48% in 2022, then increased by 4 bps to 78.25% in 2023, then increased by 1 bps to 79.29% in 2024, then rose by 0 bps to 79.51% in 2025, then advanced by 0 bps to 79.82% in 2026.
- The last three Gross Margin figures came in at 79.82% (Q1 2026), 79.51% (Q4 2025), and 79.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 99.64% |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 79.82% |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 84.94% |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 91.13% |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 17.82% |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 95.31% |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 89.80% |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 96.70% |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | 94.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | -18.88% |
| Dec 31, 2020 | 135.40% |
| Sep 30, 2020 | 32.19% |
| Jun 30, 2020 | 22.85% |
| Mar 31, 2020 | 22.81% |
| Dec 31, 2019 | 159.37% |
| Sep 30, 2019 | 50.22% |
| Jun 30, 2019 | 50.26% |
| Mar 31, 2019 | 49.13% |
| Dec 31, 2018 | -9.36% |
| Sep 30, 2018 | 66.99% |
| Jun 30, 2018 | 47.88% |
| Mar 31, 2018 | 67.18% |
| Dec 31, 2017 | -7.67% |
| Sep 30, 2017 | 47.43% |
| Jun 30, 2017 | 47.60% |
| Mar 31, 2017 | 46.66% |
| Dec 31, 2016 | 46.68% |
| Sep 30, 2016 | 68.94% |
| Jun 30, 2016 | 46.43% |
| Mar 31, 2016 | 45.14% |
| Dec 31, 2015 | 67.10% |
| Sep 30, 2015 | 66.22% |
| Jun 30, 2015 | 73.82% |
| Mar 31, 2015 | 78.49% |
| Dec 31, 2014 | 36.04% |
| Sep 30, 2014 | 89.28% |
| Jun 30, 2014 | 20.98% |
| Mar 31, 2014 | 20.68% |
| Dec 31, 2013 | 20.63% |
| Sep 30, 2013 | 17.96% |
| Jun 30, 2013 | 14.11% |
| Mar 31, 2013 | 14.26% |
| Dec 31, 2012 | 14.44% |
| Sep 30, 2012 | 13.98% |
| Jun 30, 2012 | 15.53% |
| Mar 31, 2012 | 15.19% |
| Dec 31, 2011 | 16.27% |
| Sep 30, 2011 | 17.35% |
| Jun 30, 2011 | 16.28% |
| Mar 31, 2011 | 17.36% |
| Dec 31, 2010 | 15.46% |
| Sep 30, 2010 | 18.31% |
| Jun 30, 2010 | 17.94% |