GXO Logistics, Inc. Q1 2026 Earnings Recap

Shares rose 4.1% following GXO’s Q1 report, driven by raised full-year guidance, accelerating commercial momentum, and expanding margins that outpaced cautious expectations.

Key Takeaways

• Revenue increased 11% year-over-year to $3.3 billion, with organic growth of 4% across all regions despite mixed vertical performance.
• Adjusted EBITDA rose 23% to $200 million, reflecting margin expansion initiatives underway.
• Adjusted diluted EPS surged 72% to $0.50, supported by operational improvements and favorable leverage.
• New business wins totaled $227 million, including strong contributions from aerospace and defense, technology (AI/cloud data centers), and consumer sectors (notably L’Oreal in Europe).
• Management raised full-year guidance for adjusted EBITDA and EPS, now targeting 22% EPS growth at midpoint, underpinned by a record-high sales pipeline and strategic investments in commercial execution and AI-driven automation.