XPO Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.16B | $8.07B | $7.74B | $7.72B | $7.20B | $6.17B | $10.68B | $17.28B |
| Cost of Revenue | — | — | — | — | — | $7.85B | $8.30B | $9.01B |
| Gross Profit | — | — | — | — | — | $-1.68B | $2.38B | $8.27B |
| Gross Margin | — | — | — | — | — | -27.3% | 22.3% | 47.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | $678.0M | $756.0M | $746.0M | $1.07B | $1.84B |
| Operating Income | $656.0M | $660.0M | $438.0M | $377.0M | $312.0M | $97.0M | $561.0M | $704.0M |
| Operating Margin | 8.0% | 8.2% | 5.7% | 4.9% | 4.3% | 1.6% | 5.3% | 4.1% |
| Interest Expense | — | — | $168.0M | $135.0M | $211.0M | $308.0M | $268.0M | $217.0M |
| Pretax Income | $437.0M | $473.0M | $260.0M | $258.0M | $107.0M | $-164.0M | $301.0M | $566.0M |
| Income Tax Expense | $121.0M | $86.0M | $68.0M | $74.0M | $11.0M | $-54.0M | $60.0M | $122.0M |
| Net Income | $316.0M | $387.0M | $189.0M | $666.0M | $336.0M | $110.0M | $419.0M | $422.0M |
| Net Margin | 3.9% | 4.8% | 2.4% | 8.6% | 4.7% | 1.8% | 3.9% | 2.4% |
| EPS (Basic) | $2.69 | $3.33 | $1.64 | $5.79 | $2.99 | $0.87 | $3.95 | $3.17 |
| EPS (Diluted) | $2.64 | $3.23 | $1.60 | $5.76 | $2.93 | $0.87 | $3.57 | $2.88 |
| Shares Outstanding (Basic) | 118.0M | 116.0M | 116.0M | 115.0M | 112.0M | 92.0M | 96.0M | 123.0M |
| Shares Outstanding (Diluted) | 119.0M | 120.0M | 118.0M | 116.0M | 114.0M | 92.0M | 106.0M | 135.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |