Xpo XPO
NYSE XPO
$182.29 -1.96 (-1.06%)
As of: Sep 10, 2026 · 3:59 PM EDT

Xpo (XPO) Gross Margin (2010 - 2026)

Xpo (XPO) posted Gross Margin of 80.3% for Q2 2026, up 0.6% on a QoQ basis from 79.82% in Q1 2026, and up 78.0% year-over-year from 45.11% in Q2 2025.

Analysis

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

Xpo has reported Gross Margin for 17 years, with the latest figure at 80.3% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 78.0% year-over-year to 80.3% in Q2 2026; TTM through Jun 2026 was 79.9%, a 54.0% increase from a year earlier, with the FY2025 full-year figure at 79.62%, up 70.0% from the prior year.
  • Gross Margin was 80.3% for Q2 2026 at Xpo, 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.
  • Average Gross Margin over 5 years is 77.87%, with a median of 78.66% recorded in 2024.
  • The largest YoY upside for Gross Margin was 10134 bps in 2022 against a maximum downside of 28474 bps in 2022.
  • Over 5 years, Gross Margin 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 increased by 1 bps to 80.3% in 2026.
  • The last three Gross Margin figures came in at 80.3% (Q2 2026), 79.82% (Q1 2026), and 79.51% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Old Dominion Freight Line 37.50 Bn 37.21 Bn 1.52 Bn 97.83%
2 Hunt J B Transport Services 25.20 Bn 25.20 Bn - -
3 Xpo 21.35 Bn 21.06 Bn 1.89 Bn 80.30%
4 FedEx Freight Holding Company 18.54 Bn 18.54 Bn - -
5 Knight-Swift Transportation Holdings 11.22 Bn 11.04 Bn 1.77 Bn 84.63%
6 TFI International 10.92 Bn 10.71 Bn - -
7 Saia 9.27 Bn 9.18 Bn - -
8 Schneider National 5.95 Bn 5.43 Bn 1.00 Bn 63.86%
9 Arcbest 3.02 Bn 2.85 Bn 1.14 Bn 95.93%
10 Werner Enterprises 2.31 Bn 2.26 Bn - -
Historic Data

Historic Data

Download Data
DateValue
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%