GXO Logistics posts strongest commercial quarter in three years, tightens 2026 guidance

Earnings
โดย The Motley Fool·Read original
Summary · why it matters

GXO Logistics reported second-quarter 2026 revenue of $3.4 billion, a 4% increase driven by broad-based contributions across all geographic regions, and delivered its strongest commercial performance in three years with $410 million in new business wins, up more than 30% versus the prior year. Organic revenue growth was 3.4%, adjusted EBITDA came in at $219 million with a margin of 6.4%, and adjusted EPS rose to $0.59 from $0.57 a year ago. The company secured over $1 billion in incremental revenue for 2026 and approximately $353 million for 2027, while its sales pipeline expanded to $2.7 billion in July. Management tightened full-year 2026 adjusted EBITDA guidance to a range of $945 million to $965 million and adjusted EPS to $2.95 to $3.15, while reaffirming organic revenue growth of 4% to 5% and free cash flow conversion of 30% to 40%. The Wincanton integration is 90% complete and on track to deliver $60 million in run-rate cost synergies by year-end, and the company resumed share repurchases, buying back $21 million year-to-date with $280 million remaining under its authorization.

Impact on stocks 1

Industrials · 1 stocks
GXO Logistics Inc
GXO
▲ PositiveDemandCapitalrelevance

Strongest commercial quarter in three years with $410M in new business wins, up 30% YoY, and expanded pipeline.