GXO North America Revenue Tops $782 Million as Q2 Sales Rise 4.3%
Updated
Updated · FreightWaves · Aug 5
GXO North America Revenue Tops $782 Million as Q2 Sales Rise 4.3%
1 articles · Updated · FreightWaves · Aug 5
Summary
$782 million in North America revenue made the region GXO’s fastest-growing market in Q2, as executives called it the company’s strongest commercial quarter in three years.
$3.4 billion in total revenue rose 4.3% from a year earlier, while adjusted EBITDA reached $219 million and adjusted EPS of $0.59 beat Wall Street’s $0.58 estimate despite a revenue miss.
85% growth in first-half North American wins and a 34% larger regional sales pipeline helped lift GXO’s overall commercial pipeline back to $2.7 billion, with more than $1 billion of 2026 revenue already secured.
50 facilities are expected to run GXO IQ by the end of 2026, and about 20,000 robots are slated for deployment this year as the company pushes automation to improve margins.
4% to 5% organic growth guidance was maintained for 2026, while Wincanton integration remains on track to deliver $60 million in annual run-rate cost synergies by year-end.