GXO Logistics, Inc.

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

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.

Jun 30, 2025 · Filed Aug 6, 2025

GXO$55.32-1.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

	Three Months Ended June 30,		Six Months Ended June 30,
(Dollars in millions, shares in thousands, except per share amounts)	2025	2024	2025	2024
Revenue	$3,299	$2,846	$6,276	$5,302
Direct operating expense	2,813	2,389	5,371	4,445
Selling, general and administrative expense	272	270	533	519
Depreciation and amortization expense	110	99	219	191
Transaction and integration costs	14	15	36	34
Restructuring costs and other	2	1	19	17
Regulatory matter and litigation expense	(1)	(3)	65	60
Operating income	89	75	33	36
Other income (expense), net	(10)	1	(15)	7
Interest expense, net	(36)	(23)	(68)	(36)
Income (loss) before income taxes	43	53	(50)	7
Income tax expense	(15)	(14)	(17)	(4)
Net income (loss)	28	39	(67)	3
Net income attributable to noncontrolling interests (“NCI”)	(2)	(1)	(3)	(2)
Net income (loss) attributable to GXO	$26	$38	$(70)	$1
Earnings (loss) per share
Basic	$0.23	$0.32	$(0.60)	$0.01
Diluted	$0.23	$0.32	$(0.60)	$0.01
Weighted-average shares used in computation of earnings (loss) per share
Basic	114,812	119,427	116,890	119,350
Diluted	115,055	119,683	116,890	119,680

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.