GXO Logistics reported second quarter 2026 revenue of US$ 3.4 billion, a 4.3% increase year-on-year from US$ 3.3 billion in the second quarter of 2025, with organic revenue growth of 3.4% across all three operating regions.
Adjusted EBITDA increased to US$ 219 million from US$ 212 million in the prior year period, while adjusted diluted earnings per share grew to USD 0.59 from US$ 0.57. Net income was US$ 27 million compared to US$ 28 million in the second quarter of 2025, with diluted earnings per share of US$ 0.22.
Cash flow from operations improved substantially to US$ 76 million from US$ 3 million in the same quarter of 2025, and free cash flow reached US$ 12 million compared to negative US$ 43 million in the prior year period.
The quarter marked five years since GXO became an independent public company and delivered the strongest new business wins in three years.
The company signed approximately US$ 410 million of new business, up 34% year-on-year, led by wins with major global brands and deeper penetration of strategic growth verticals including aerospace and defence, technology, industrial and life sciences.
North America was a particular standout, with first-half wins increasing 85 percent over the same period last year.
CEO Patrick Kelleher identified three priorities driving the company’s path forward: sharpening commercial strategy, strengthening execution through the GXO Way playbook launched during the quarter, and scaling AI and automation capabilities through GXO IQ, which moved from platform launch to scaled deployment.
With over US$ 1 billion of incremental revenue already secured for 2026 and a commercial pipeline that expanded from US$ 2.3 billion at the end of the quarter to approximately US$ 2.7 billion in July, Kelleher expressed strong visibility into the remainder of the year and early momentum building into 2027.
