XPO, Inc.
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 30, 2025
XPO$188.21+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| Three Months Ended March 31, | ||
|---|---|---|
| (In millions, except per share data) | 2025 | 2024 |
| Revenue | $1,954 | $2,018 |
| Salaries, wages and employee benefits | 832 | 834 |
| Purchased transportation | 399 | 438 |
| Fuel, operating expenses and supplies | 393 | 413 |
| Operating taxes and licenses | 19 | 19 |
| Insurance and claims | 35 | 38 |
| Gains on sales of property and equipment | (2) | (2) |
| Depreciation and amortization expense | 123 | 117 |
| Legal matter | (11) | — |
| Transaction and integration costs | 3 | 14 |
| Restructuring costs | 12 | 8 |
| Operating income | 151 | 138 |
| Other income | (1) | (10) |
| Debt extinguishment loss | 5 | — |
| Interest expense | 56 | 58 |
| Income before income tax provision | 91 | 90 |
| Income tax provision | 22 | 23 |
| Net income | $69 | $67 |
| Earnings per share data | ||
| Basic earnings per share | $0.59 | $0.58 |
| Diluted earnings per share | $0.58 | $0.56 |
| Weighted-average common shares outstanding | ||
| Basic weighted-average common shares outstanding | 117 | 116 |
| Diluted weighted-average common shares outstanding | 120 | 120 |
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