Xpo (XPO) Operating Income (2010 - 2026)
Xpo (XPO) posted Operating Income of $271 million for Q2 2026, up 36.9% from $198 million a year earlier and up 55.7% from the prior quarter.
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Analysis
Xpo (XPO) Operating Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Xpo was $752 million, up 11.6% year-over-year; for FY2025, it was $656 million, down 0.6% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of 46.6% (FY2020 to FY2025).
- In prior years, Xpo's Operating Income was $660 million in FY2024 (+50.7%), $438 million in FY2023 (+16.2%), $377 million in FY2022 (+20.8%) and $312 million in FY2021 (+221.6%).
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q2 2010.
- On a year-over-year basis, Operating Income increased in six of the last eight quarters, with growth averaging 11.3%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q1 2024, with growth of 137.9%; the weakest was Q4 2022, with a decline of 93.9%.
- According to Business Quant data, Operating Income for the three prior quarters was $174 million (Q1 2026), $143 million (Q4 2025) and $164 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 2.76 Bn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 1.51 Bn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 930.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 1.06 Bn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 1.12 Bn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 1.55 Bn |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 1.45 Bn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 465.30 Mn |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 1.10 Bn |
| 10 | Xpo | 21.66 Bn | 20.48 Bn | - | 271.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 271.00 Mn |
| Mar 31, 2026 | 174.00 Mn |
| Dec 31, 2025 | 143.00 Mn |
| Sep 30, 2025 | 164.00 Mn |
| Jun 30, 2025 | 198.00 Mn |
| Mar 31, 2025 | 151.00 Mn |
| Dec 31, 2024 | 149.00 Mn |
| Sep 30, 2024 | 176.00 Mn |
| Jun 30, 2024 | 197.00 Mn |
| Mar 31, 2024 | 138.00 Mn |
| Dec 31, 2023 | 119.00 Mn |
| Sep 30, 2023 | 154.00 Mn |
| Jun 30, 2023 | 107.00 Mn |
| Mar 31, 2023 | 58.00 Mn |
| Dec 31, 2022 | 4.00 Mn |
| Sep 30, 2022 | 139.00 Mn |
| Jun 30, 2022 | 171.00 Mn |
| Mar 31, 2022 | 63.00 Mn |
| Dec 31, 2021 | 66.00 Mn |
| Sep 30, 2021 | 65.00 Mn |
API Access
Xpo Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "XPO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();