Growth Metrics

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 🔒
DateValue
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