Xpo (XPO) Operating Expenses (2010 - 2026)
Xpo's quarterly Operating Expenses came in at $423.0 million in Q1 2026, up 7.63% year-on-year from $393.0 million in Q1 2025, and up 9.02% quarter-over-quarter from $388.0 million in Q4 2025.
Xpo has reported Operating Expenses for 17 years, with the latest figure at $423.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 7.63% year-over-year to $423.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 1.97% YoY), and the FY2025 full-year result was $1.6 billion, down 1.13% from the prior year.
- Operating Expenses for Q1 2026 stood at $423.0 million, up from $388.0 million in the prior quarter.
- The five-year high for Operating Expenses was $434.0 million in Q2 2022, with the low at $376.0 million in Q4 2024.
- Average Operating Expenses over 5 years is $405.5 million, with a median of $406.0 million recorded in 2023.
- Peak annual rise in Operating Expenses reached 16.12% in 2022, while the deepest fall reached 74.76% in 2022.
- Tracing XPO's Operating Expenses over 5 years: stood at $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 gained by 3.19% to $388.0 million in 2025, then gained by 9.02% to $423.0 million in 2026.
- The last three Operating Expenses figures came in at $423.0 million (Q1 2026), $388.0 million (Q4 2025), and $406.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 1.02 Bn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 423.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 739.42 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 1.82 Bn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 187.80 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 197.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 995.36 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 804.62 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 205.53 Mn |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | 179.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 423.00 Mn |
| Dec 31, 2025 | 388.00 Mn |
| Sep 30, 2025 | 406.00 Mn |
| Jun 30, 2025 | 384.00 Mn |
| Mar 31, 2025 | 393.00 Mn |
| Dec 31, 2024 | 376.00 Mn |
| Sep 30, 2024 | 399.00 Mn |
| Jun 30, 2024 | 402.00 Mn |
| Mar 31, 2024 | 413.00 Mn |
| Dec 31, 2023 | 400.00 Mn |
| Sep 30, 2023 | 406.00 Mn |
| Jun 30, 2023 | 390.00 Mn |
| Mar 31, 2023 | 427.00 Mn |
| Dec 31, 2022 | 410.00 Mn |
| Sep 30, 2022 | 425.00 Mn |
| Jun 30, 2022 | 434.00 Mn |
| Mar 31, 2022 | 418.00 Mn |
| Dec 31, 2021 | 434.00 Mn |
| Sep 30, 2021 | 366.00 Mn |
| Jun 30, 2021 | 1.68 Bn |
| Mar 31, 2021 | 1.66 Bn |
| Dec 31, 2020 | 4.93 Bn |
| Sep 30, 2020 | 310.00 Mn |
| Jun 30, 2020 | 1.37 Bn |
| Mar 31, 2020 | 1.36 Bn |
| Dec 31, 2019 | 1.46 Bn |
| Sep 30, 2019 | 1.40 Bn |
| Jun 30, 2019 | 3.98 Bn |
| Mar 31, 2019 | 1.41 Bn |
| Dec 31, 2018 | -6.59 Bn |
| Sep 30, 2018 | 4.13 Bn |
| Jun 30, 2018 | 4.14 Bn |
| Mar 31, 2018 | 4.05 Bn |
| Dec 31, 2017 | 4.07 Bn |
| Sep 30, 2017 | 3.71 Bn |
| Jun 30, 2017 | 3.59 Bn |
| Mar 31, 2017 | 3.44 Bn |
| Dec 31, 2016 | 3.61 Bn |
| Sep 30, 2016 | 3.55 Bn |
| Jun 30, 2016 | 3.51 Bn |
| Mar 31, 2016 | 3.48 Bn |
| Dec 31, 2015 | 3.38 Bn |
| Sep 30, 2015 | 2.32 Bn |
| Jun 30, 2015 | 1.25 Bn |
| Mar 31, 2015 | 707.80 Mn |
| Dec 31, 2014 | 824.70 Mn |
| Sep 30, 2014 | 676.10 Mn |
| Jun 30, 2014 | 592.90 Mn |
| Mar 31, 2014 | 303.80 Mn |
| Dec 31, 2013 | 265.70 Mn |
| Sep 30, 2013 | 212.40 Mn |
| Jun 30, 2013 | 151.20 Mn |
| Mar 31, 2013 | 125.30 Mn |
| Dec 31, 2012 | 119.60 Mn |
| Sep 30, 2012 | 80.30 Mn |
| Jun 30, 2012 | 57.90 Mn |
| Mar 31, 2012 | 48.80 Mn |
| Dec 31, 2011 | 9.56 Mn |
| Sep 30, 2011 | 7.75 Mn |
| Jun 30, 2011 | 5.54 Mn |
| Mar 31, 2011 | 5.21 Mn |
| Dec 31, 2010 | 5.06 Mn |
| Sep 30, 2010 | 5.22 Mn |
| Jun 30, 2010 | 4.60 Mn |