XPO Reports Strong Q3 2026 Growth with Revenue Up 12% and Adjusted EBITDA Up 27%

XPO, Inc. announced its financial results for the third quarter of 2026, reporting significant year-over-year growth in revenue and earnings. The company's performance was driven by strong results in its North American Less-Than-Truckload (LTL) segment, which saw improved operating ratio and increased tonnage.

Key Details

• Q3 2026 Financial Highlights: Revenue increased 12% YoY to $2.37 billion, Adjusted EBITDA grew 27% YoY to $433 million, and Adjusted Diluted EPS rose 59% YoY to $1.70.
• North American LTL Performance: The LTL segment reported an adjusted operating ratio of 80.1%, a 260 basis point improvement year-over-year. LTL tonnage per day also increased by 5% YoY.
• 2026 Outlook: The company provided full-year 2026 guidance, expecting total gross capital expenditures between $500 million and $600 million and an adjusted effective tax rate of 23% to 24%.