Growth Metrics

Xpo (XPO) Operating Expenses (2016 - 2025)

Xpo has reported Operating Expenses over the past 16 years, most recently at $388.0 million for Q4 2025.

  • Quarterly results put Operating Expenses at $388.0 million for Q4 2025, up 3.19% from a year ago — trailing twelve months through Dec 2025 was $1.6 billion (down 1.19% YoY), and the annual figure for FY2025 was $1.6 billion, down 1.13%.
  • Operating Expenses for Q4 2025 was $388.0 million at Xpo, down from $406.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for XPO hit a ceiling of $1.7 billion in Q2 2021 and a floor of $366.0 million in Q3 2021.
  • Median Operating Expenses over the past 5 years was $406.0 million (2023), compared with a mean of $530.4 million.
  • Peak annual rise in Operating Expenses hit 22.77% in 2021, while the deepest fall reached 91.2% in 2021.
  • Xpo's Operating Expenses stood at $434.0 million in 2021, then dropped by 5.53% to $410.0 million in 2022, then fell by 2.44% to $400.0 million in 2023, then dropped by 6.0% to $376.0 million in 2024, then grew by 3.19% to $388.0 million in 2025.
  • The last three reported values for Operating Expenses were $388.0 million (Q4 2025), $406.0 million (Q3 2025), and $384.0 million (Q2 2025) per Business Quant data.