GXO Reports Third Quarter 2026 Results
Key Highlights
- ➤Revenue $3.6 billion, up 5.7% year over year; organic growth reached 6.4%
- ➤New business wins $375 million, up 34% year over year
- ➤Sales pipeline record $3.1 billion, up more than 30% year over year
- ➤Adjusted diluted EPS $0.89, up from $0.79 year over year
- ➤GXO reaffirmed 2026 guidance, including adjusted EBITDA of $945 million-$965 million
Expert Statements
Patrick Kelleher, Chief executive officer of GXO Logistics
“The new strategy we put in motion over the past year is delivering results: In the third quarter, we generated our fastest organic growth in more than three years, increased new business wins by more than 30% for the second consecutive quarter, and expanded our sales pipeline to a record level. Across our strategic growth verticals and core markets, we are winning more business, converting opportunities more quickly and building greater visibility into future revenue. With our pipeline up more than 30% year over year and year-to-date wins already above $1 billion, nearly matching all of 2025 with a quarter still to go, we are entering 2027 from a position of strength.”
Patrick Kelleher, Chief executive officer of GXO Logistics
“At the same time, we are improving execution across the business, particularly in North America, and advancing the productivity initiatives that will support future margin expansion, including the rollout of a unified labor management system and the continued deployment of GXO IQ across our global footprint. We are pleased to reaffirm our full-year guidance and look forward to sharing more about our long-term strategy and growth outlook at our Investor Day on November 16 at the New York Stock Exchange.”
* Revenue of $3.6 billion, up 5.7% year over year, with organic revenue growth of 6.4%, the highest in more than three years * $375 million of new business wins, up 34% year over year, the second consecutive quarter of growth above 30%, with approximately 40% of year-to-date wins in strategic growth verticals — aerospace & defense, technology, industrial and life sciences * Year-to-date new business wins of more than $1 billion and a record sales pipeline of $3.1 billion, up more than 30% year over year * Repurchased $84 million of shares in the quarter, bringing year-to-date repurchases to $100 million * Reaffirms full-year 2026 guidance * Company to host Investor Day on November 16, 2026 GREENWICH, Conn., Nov. 03, 2026 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the third quarter 2026.
Patrick Kelleher, chief executive officer of GXO, said, “The new strategy we put in motion over the past year is delivering results: In the third quarter, we generated our fastest organic growth in more than three years, increased new business wins by more than 30% for the second consecutive quarter, and expanded our sales pipeline to a record level. Across our strategic growth verticals and core markets, we are winning more business, converting opportunities more quickly and building greater visibility into future revenue. With our pipeline up more than 30% year over year and year-to-date wins already above $1 billion, nearly matching all of 2025 with a quarter still to go, we are entering 2027 from a position of strength.
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