GXO Logistics kicked off 2026 with a strong start, reporting double-digit revenue growth and improved profitability.
The company's first quarter revenue of $3.3 billion represents a 10.8% year-over-year increase, driven by both organic gains and outsourcing trends among large shippers.
CEO Patrick Kelleher attributed the momentum to GXO's focus on AI, automation, and robotics, which are driving efficiency and winning new contracts.
As one of the largest pure-play contract logistics providers in the world, GXO has a global presence with over 970 facilities and a workforce of more than 130,000 people.
The company's strong Q1 results have topped Wall Street expectations, which forecasted earnings of 26 cents per share and top-line revenue of $2.91 billion.
Revenue growth was supported by the outsourcing trends among large shippers, with organic revenue increasing 4.1% year over year despite macro uncertainty.
By geography, GXO continues to see strength in Europe, particularly the U.K., which generated the largest share of revenue at $1.6 billion.
The company's omnichannel retail segment remained the largest contributor, highlighting continued e-commerce fulfillment demand.
GXO raised its full-year 2026 guidance following the stronger-than-expected quarter, with organic revenue growth and adjusted EBITDA expectations within a revised range.
The strong Q1 results demonstrate GXO's ability to navigate macro uncertainty and capitalize on growth trends in automation-driven logistics.
