GXO Logistics, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 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.
Sep 30, 2025 · Filed Nov 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.
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Condensed Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| (Dollars in millions, shares in thousands, except per share amounts) | 2025 | 2024 |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $339 | $413 |
| Accounts receivable, net of allowance of $12 and $15 | 2,015 | 1,799 |
| Other current assets | 452 | 429 |
| Total current assets | 2,806 | 2,641 |
| Long-term assets | ||
| Property and equipment, net of accumulated depreciation of $2,027 and $1,732 | 1,197 | 1,160 |
| Operating lease assets | 2,589 | 2,329 |
| Goodwill | 3,779 | 3,549 |
| Intangible assets, net of accumulated amortization of $749 and $618 | 959 | 986 |
| Other long-term assets | 577 | 601 |
| Total long-term assets | 9,101 | 8,625 |
| Total assets | $11,907 | $11,266 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $716 | $776 |
| Accrued expenses | 1,523 | 1,271 |
| Current debt | 522 | 110 |
| Current operating lease liabilities | 743 | 647 |
| Other current liabilities | 430 | 385 |
| Total current liabilities | 3,934 | 3,189 |
| Long-term liabilities | ||
| Long-term debt | 2,176 | 2,521 |
| Long-term operating lease liabilities | 2,060 | 1,898 |
| Other long-term liabilities | 749 | 623 |
| Total long-term liabilities | 4,985 | 5,042 |
| Commitments and Contingencies (Note 14) | ||
| Stockholders’ Equity | ||
| Common Stock, $0.01 par value per share; 300,000 shares authorized, 119,842 and 119,496 shares issued and 114,486 and 119,496 shares outstanding, respectively | 1 | 1 |
| Treasury stock, at cost; 5,356 and 0 shares, respectively | (202) | — |
| Preferred Stock, $0.01 par value per share; 10,000 shares authorized, 0 issued and outstanding | — | — |
| Additional Paid-In Capital (“APIC”) | 2,655 | 2,629 |
| Retained earnings | 675 | 686 |
| Accumulated Other Comprehensive Income (Loss) (“AOCIL”) | (174) | (313) |
| Total stockholders’ equity before NCI | 2,955 | 3,003 |
| NCI | 33 | 32 |
| Total equity | 2,988 | 3,035 |
| Total liabilities and equity | $11,907 | $11,266 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.