XPO demonstrated strong operational and financial performance despite a challenging freight environment. The company's strategic investments and technology advancements contributed to significant cost savings and improved efficiency. While there were challenges in volume and revenue, particularly in the LTL segment, XPO's ability to outperform the industry and leverage AI for operational improvements highlighted its resilience and adaptability.

Company Guidance -

Q3 2025

During the XPO Second Quarter 2025 Earnings Conference Call, the company provided strong financial guidance, showcasing robust performance metrics. XPO reported $2.1 billion in revenue and an adjusted EBITDA of $340 million for the quarter, with an adjusted diluted EPS of $1.05, which exceeded expectations. The North American LTL segment demonstrated significant improvement, with a 470 basis point enhancement in the adjusted operating ratio over the past two years. The quarter also featured a damage claims ratio of 0.3% and sustained year-over-year improvement in on-time performance. Strategic investments included expanding their fleet with nearly 6,000 tractors and over 17,000 trailers since 2021 and opening new break bulk locations. Additionally, XPO achieved a 6.1% year-over-year increase in yield, excluding fuel, and reduced outsourced linehaul miles to 6.8%, which lowered purchase transportation expenses by 53% year-over-year. With a focus on AI and technology, XPO aims to drive further operational efficiencies and cost savings. The company closed the quarter with $824 million of liquidity and initiated a share buyback program, indicating a strong commitment to returning capital to shareholders while maintaining financial flexibility.

Strong Financial Performance

XPO reported $2.1 billion in revenue and $340 million in adjusted EBITDA for the second quarter, with an adjusted diluted EPS of $1.05, exceeding expectations.

Operational Improvements in LTL Segment

The North American LTL business outperformed the industry despite a soft freight environment, with a 470 basis point improvement in adjusted operating ratio over the past two years.

Technology and AI Advancements

New AI-powered models reduced linehaul miles by 3%, empty miles by over 10%, and freight diversions by more than 80%, contributing to significant cost savings.

Strategic Investments in Fleet and Infrastructure

Since 2021, XPO has added nearly 6,000 tractors and over 17,000 trailers, reducing the average tractor age to less than 4 years. Additionally, new service centers in key freight corridors improved network efficiency.

European Segment Performance

The European transportation segment increased revenue by 4% year-over-year and delivered a 38% sequential increase in adjusted EBITDA, demonstrating strong execution in a challenging environment.

XPO (XPO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

XPO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	1.03 / -	1.02	―	―	―
Jul 31, 2025	2025 (Q2)	0.99 / 1.05	1.12	-6.25% (-0.07)
Apr 30, 2025	2025 (Q1)	0.66 / 0.73	0.81	-9.88% (-0.08)
Feb 06, 2025	2024 (Q4)	0.62 / 0.89	0.77	15.58% (+0.12)
Oct 30, 2024	2024 (Q3)	0.90 / 1.02	0.88	15.91% (+0.14)
Aug 01, 2024	2024 (Q2)	1.01 / 1.12	0.71	57.75% (+0.41)
May 03, 2024	2024 (Q1)	0.67 / 0.81	0.56	44.64% (+0.25)
Feb 07, 2024	2023 (Q4)	0.62 / 0.77	0.98	-21.43% (-0.21)
Oct 30, 2023	2023 (Q3)	0.64 / 0.88	0.861	2.21% (+0.02)
Aug 04, 2023	2023 (Q2)	0.60 / 0.71	1.075	-33.95% (-0.36)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

XPO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$132.29	$120.29	-9.07%
Apr 30, 2025	$97.43	$106.12	+8.92%
Feb 06, 2025	$136.31	$146.91	+7.78%
Oct 30, 2024	$120.25	$133.99	+11.43%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.