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| 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% |