GXO Logistics Inc (GXO) News & EventsGXONews & EventsGXO Logistics Inc

GXO Reports Q2 Revenue of $3.44B, Below Consensus

Reports Q2 revenue $3.44B, consensus $3.46B. Patrick Kelleher, CEO, said, "This quarter marks five years since GXO became an independent public company, and we delivered results that reflect the momentum building across our business, including our strongest new business wins in three years. Revenue grew to $3.4B, with all three regions growing organically, underscoring the resiliency and predictability of our business model. We signed approximately $410M of new business, up 34% year over year, led by marquee wins with some of the world's leading brands and deeper penetration of our strategic growth verticals - aerospace & defense, technology, industrial and life sciences... With over $1B of incremental revenue already secured for 2026 and a commercial pipeline that has expanded from $2.3B at the end of the quarter to approximately $2.7B in July, we have strong visibility into the balance of the year and are already building momentum into 2027."

FY26 Organic Revenue Growth of 4%-5%

Consensus $3.04. Sees FY26 organic revenue growth of 4%-5%.

GXO Logistics Expands Five-Year Transport Contract with Co-op

GXO Logistics has announced a five-year transport contract expansion with Co-op, advancing the supply chain partnership into its second decade. The agreement spans GXO's transport operations at Avonmouth, Andover and Lea Green, supporting deliveries to over 1,000 Co-op UK stores.