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XPO, Inc.

Logo: XPO Design Team, Public domain, via Wikimedia Commons5

American transportation company

XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping, or "LTL" in North America. The company has headquarters in Greenwich, Connecticut, and has 592 locations globally. XPO is the second largest provider of LTL services in North America, operating in 99 percent of all U.S. postal codes.3 It was founded by Brad Jacobs.1 Its chief executive is Mario Harik (since 2023).1 Its revenue was $15 billion in 2015.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1987Founded1

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  • TickerXPO on NYSE1
  • Industrylogistics, transport industry1
  • HeadquartersGreenwich1
  • Founded inGreenwich1
  • Websitewww.xpo.com
  • Legal formDelaware corporation1
  • Business addressFive American Lane, Greenwich, Ct 068316
  • Filer categoryLarge accelerated filer6
  • LEI54930096DB9LCLPN7H134
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O REGISTERED AGENT SOLUTIONS, INC., 19904 Dover, United States4
  • Registered withDivision of Corporations, Department of State, 32245634

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XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping, or "LTL" in North America. The company has headquarters in Greenwich, Connecticut, and has 592 locations globally. XPO is the second largest provider of LTL services in North America, operating in 99 percent of all U.S. postal codes.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

8.0%Operating margin9
3.9%Net margin9
1.1%Revenue growth, 20259
17.0%Return on equity9
1.75×Debt to equity9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

North American LTL brought in 59% of the revenue XPO, Inc. broke down this way in fiscal 2025.

  1. North American LTL$4.8B959%down 1% from 2024
  2. European Transportation$3.3B941%up 5% from 2024
Business segments by year
Business segments202320242025
North American LTL$4.7B$4.9B$4.8B
European Transportation$3.1B$3.2B$3.3B

Regions

United States brought in 58% of the revenue XPO, Inc. broke down this way in fiscal 2025.

  1. United States$4.7B958%down 1% from 2024
  2. France$1.3B916%up 2% from 2024
  3. United Kingdom$1.1B914%up 12% from 2024
  4. Europe, Excluding France And United Kingdom$877.0M911%up 0% from 2024
  5. North America, Excluding United States$106.0M91%down 1% from 2024
Regions by year
Regions202320242025
United States$4.6B$4.8B$4.7B
France$1.3B$1.3B$1.3B
United Kingdom$905.0M$1.0B$1.1B
Europe, Excluding France And United Kingdom$877.0M$873.0M$877.0M
North America, Excluding United States$99.0M$107.0M$106.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs95¢$7.7B
  • Income tax1¢$121.0M
  • Profit4¢$316.0M

Out of $8.2B in revenue.9

Financial statements

Revenue101112139$8.2B in 2025−24% since 2019
0$5.0B$10.0B$15.0B2019: $10.7B$10.7B20192020: $6.2B$6.2B2020−42%2021: $7.2B$7.2B2021+17%2022: $7.7B$7.7B2022+7%2023: $7.7B$7.7B2023+0%2024: $8.1B$8.1B2024+4%2025: $8.2B$8.2B2025+1%
Operating income101112139$656.0M in 2025+17% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $561.0M$561.0M20192020: $97.0M$97.0M2020−83%2021: $312.0M$312.0M2021+222%2022: $377.0M$377.0M2022+21%2023: $438.0M$438.0M2023+16%2024: $660.0M$660.0M2024+51%2025: $656.0M$656.0M2025−1%
Net income101112139$316.0M in 2025−25% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $419.0M$419.0M20192020: $110.0M$110.0M2020−74%2021: $336.0M$336.0M2021+205%2022: $666.0M$666.0M2022+98%2023: $189.0M$189.0M2023−72%2024: $387.0M$387.0M2024+105%2025: $316.0M$316.0M2025−18%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenue$8.2B$8.1B$7.7B
Salaries, wages and employee benefits$3.4B$3.4B$3.2B
Purchased transportation$1.7B$1.7B$1.8B
Fuel, operating expenses and supplies$1.6B$1.6B$1.6B
Operating taxes and licenses$83.0M$80.0M$60.0M
Insurance and claims$167.0M$134.0M$167.0M
Gains on sales of property and equipment-$17.0M-$40.0M-$5.0M
Depreciation and amortization expense$521.0M$490.0M$432.0M
Pre-Con-way acquisition environmental matter$35.0M$0$0
Legal matters-$13.0M$0$8.0M
Transaction and integration costs$8.0M$53.0M$58.0M
Restructuring costs$59.0M$27.0M$44.0M
Operating income$656.0M$660.0M$438.0M
Other income-$6.0M-$37.0M-$15.0M
Debt extinguishment loss$6.0M$0$25.0M
Interest expense$219.0M$223.0M$168.0M
Income from continuing operations before income tax provision$437.0M$473.0M$260.0M
Income tax provision$121.0M$86.0M$68.0M
Loss from discontinued operations, net of taxes$0$0-$3.0M
Continuing operations$316.0M$387.0M$192.0M
Net income$316.0M$387.0M$189.0M
Basic earnings per share from continuing operations (usd per share)$3$3$2
Basic loss per share from discontinued operations (usd per share)$0$0-$0
Basic earnings per share (usd per share)$2.69$3.33$1.64
Diluted earnings per share from continuing operations (usd per share)$3$3$2
Diluted loss per share from discontinued operations (usd per share)$0$0-$0
Diluted earnings per share (usd per share)$2.64$3.23$1.60
Basic weighted-average common shares (in shares)118.0M shares116.0M shares116.0M shares
Diluted weighted-average common shares outstanding (in shares)119.0M shares120.0M shares118.0M shares

Compare XPO, Inc. with another company

Corporate structure

XPO, Inc. sits at the top of its group. 11 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of XPO, Inc.

  • XPO, Inc. Greenwich, Connecticut, United States
    • XPO CNW, Inc. Subsidiary · Delaware, United States
    • XPO Enterprise Services, LLC Subsidiary · Delaware, United States
    • XPO Global Forwarding International Subsidiary · France
    • XPO Holdings UK and Ireland Limited Subsidiary · United Kingdom
    • XPO Holdings UK I Limited Subsidiary · United Kingdom
    • XPO Logistics Subsidiary · France
    • XPO Logistics Europe Subsidiary · France
    • XPO Logistics Freight, Inc. Subsidiary · Delaware, United States
    • XPO LTL Properties, LLC Subsidiary · Delaware, United States
    • XPO Transport Solutions Luxembourg Subsidiary · Luxembourg

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What XPO, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$6.0B9 Dec 31, 2025$5.4B9 Dec 31, 2024+11.1%
Accumulated depreciation$2.4B9 Dec 31, 2025$2.0B9 Dec 31, 2024+16.9%
Property and equipment, net$3.7B9 Dec 31, 2025$3.4B9 Dec 31, 2024+7.7%
Finance-lease assets$236.0M9 Dec 31, 2025$203.0M9 Dec 31, 2024+16.3%
Operating-lease assets (leased space)$777.0M9 Dec 31, 2025$727.0M9 Dec 31, 2024+6.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$310.0M9 Dec 31, 2025$246.0M9 Dec 31, 2024+26.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.5B9 Dec 31, 2025$1.5B9 Dec 31, 2024+5.9%
Intangible assets, net (excluding goodwill)$311.0M9 Dec 31, 2025$361.0M9 Dec 31, 2024−13.9%
Finite-lived intangibles, gross$891.0M9 Dec 31, 2025$860.0M9 Dec 31, 2024+3.6%
Accumulated amortization$580.0M9 Dec 31, 2025$499.0M9 Dec 31, 2024+16.2%

Properties, in its own words

As of December 31, 2025, we had 592 locations, primarily in North America and Europe. These facilities are located in all 48 contiguous U.S. states, as well as globally.

Segment · Leased Facilities · Owned Facilities · Customer Facilities (1) · Total

The rest of Item 2

North American LTL · 206 · 150 · — · 356

European Transportation · 212 · 14 · 4 · 230

Corporate · 6 · — · — · 6

Total · 424 · 164 · 4 · 592

(1) Includes locations owned or leased by customers.

We lease our current executive offices located in Greenwich, Connecticut and Boston, Massachusetts, as well as various office facilities in the U.S., France, the U.K. and India to support our global executive and shared-services functions. We believe that our facilities are sufficient for our current needs.

Item 2 of the 10-K filed Feb 5, 2026.18

The story

Founded by Brad Jacobs in 1987, in Greenwich.1

2011–2021

The company was initially called Express-1 Expedited Solutions and listed on American Stock Exchange under the ticker symbol XPO. It was acquired by Brad Jacobs and renamed to XPO Logistics in September 2011. In June 2012, XPO listed its shares on the New York Stock Exchange.

XPO has acquired a number of logistics businesses in North America and overseas. Some notable acquisitions include: 3PD, Inc. (August 2013), Pacer International, Inc. (March 2014), Norbert Dentressangle SA (April 2015) and Con-way Inc. (October 2015). XPO paid US$3.56 billion, which included acquired debt, for European transport company Norbert Dentressangle and $3 billion for Con-way. In 2016, XPO sold its truckload division (acquired from Con-Way) to TransForce for $558 million in cash.

In June 2016, XPO was included in the Fortune 500 list of the largest US corporations based on revenue.

Beginning in 2021, XPO Logistics broke into three separate publicly traded companies, making XPO solely a less-than-truckload (LTL) provider.

GXO Logistics

In August 2021, the company spun off its contract logistics business into a separate company named GXO Logistics, with facilities located primarily throughout North America and Europe. GXO stands for "game-changing opportunities". Patrick Kelleher is the CEO of the company.

RXO

XPO spun off its brokerage and other services—managed transportation, global forwarding and last-mile logistics—to a separate company named RXO, Inc. in November 2022. RXO is headquartered in Charlotte, North Carolina. Drew Wilkerson is CEO of the company.

2022–present

XPO dropped "Logistics" from its name in December 2022 and remains solely an LTL carrier, which allows multiple customers to transport goods in the same truck. In August 2022, Brad Jacobs announced he was stepping down as CEO and would serve as executive chairman. Mario Harik, XPO's former chief information officer, who also serves as the company's president, was appointed as CEO. In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL. In December 2023, XPO received approval from a Delaware bankruptcy court to acquire 28 service centers of Yellow Corporation for $870 million as a part of Chapter 11 bankruptcy. The acquisition was finalized in January 2024.

In 2025, XPO was listed by DriveBigTrucks.com as one of the best trucking companies for women, based on factors such as safety practices, benefits, and career support. Also in 2025, Fortune magazine included XPO on its list of America's Most Innovative Companies. XPO was the only pure play LTL carrier included in the 300-company list.

Read the full text

In December 2025, XPO announced that Brad Jacobs would step down as executive chairman at the end of the year. Mario Harik was appointed chairman of the board while continuing to serve as CEO.

From Wikipedia’s article on XPO, Inc., shared under CC BY-SA 4.0.7

Leadership

Who has led XPO, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Mike Welch2006–2011
  2. S. Jacobs Bradley2011–2022
  3. Mario Harik2023–now

Chair

  1. S. Jacobs Bradley2022–now

President

  1. Mike Welch2006–2007
  2. Jeffrey A. Curry2007–2008
  3. Gerald H. Post2008
  4. Herve Montjotin2015
  5. Troy A. Cooper2020–2021

Chief financial officer

  1. John Hardig2012–2018
  2. Sarah Js Glickman2018–2019
  3. David B. Wyshner2020–2021
  4. Ravi Tulsyan2021–2022
  5. Carl Douglas Anderson Ii.2022–2023
  6. Kyle Wismans2023–now

Chief operating officer

  1. M. Sean Fernandez2011–2013
  2. Troy A. Cooper2014–2018
  3. Kenneth R. Wagers Iii.2018–2019
  4. David J. Bates2023–now
19901995200020052010201520202025
Board members and other officers (35)

Products and brands

North America

XPO is the second largest provider of less-than-truckload services in North America. LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time. In 2022, XPO's CEO stated that the company operates in 99% of U.S. zip codes. As of March 2022, XPO also produced new and re-manufactured trailers at a factory in Searcy, Arkansas.

Europe

XPO provides dedicated truckload, LTL, truck brokerage, managed transportation, last mile and freight forwarding in Europe. The company also manages multimodal solutions, such as road-rail and road-short sea combinations. 1,000 new drivers were hired in the U.K. and Ireland in 2022.

From Wikipedia’s article on XPO, Inc., shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • XPO CNW, Inc. Delaware8
  • XPO Enterprise Services, LLC Delaware8
  • XPO Global Forwarding International France8
  • XPO Holdings UK I Limited United Kingdom8
  • XPO Holdings UK and Ireland Limited United Kingdom8
  • XPO LTL Properties, LLC Delaware8
  • XPO Logistics France8
  • XPO Logistics Europe France8
  • XPO Logistics Freight, Inc. Delaware8
  • XPO Transport Solutions Luxembourg Luxembourg8
  • XPO, Inc. Delaware8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

  1. 2015Contract Freighters, Inc. became a subsidiary1

Former names

  • XPO Logistics, Inc.Oct 18, 2006 to Dec 12, 20226
  • EXPRESS-1 EXPEDITED SOLUTIONS INCJun 7, 2006 to Sep 1, 20116
  • SEGMENTZ INCJan 30, 2002 to May 15, 20066

Timeline

  1. Sep 3, 20268-K Regulation FD disclosure71
  2. Jul 30, 20268-K Results of operations72
  3. Jul 30, 20268-K Regulation FD disclosure73
  4. Jul 27, 20268-K Executive or director change; Other events74
  5. Jun 3, 20268-K Regulation FD disclosure75
  6. Jun 1, 20268-K Entered a material agreement; New debt or obligation76
  7. May 26, 20268-K Executive or director change77
  8. May 19, 20268-K Shareholder vote78
  9. Apr 30, 20268-K Results of operations79
  10. Apr 30, 20268-K Regulation FD disclosure80
  11. Mar 2, 20268-K Regulation FD disclosure81
  12. Feb 5, 20268-K Results of operations82
  13. 2023New chief executive Mario Harik becomes CEO1
  14. Sep 12, 2011New chief executive S. Jacobs Bradley becomes CEO20
  15. Nov 6, 2006New chief executive Mike Welch becomes CEO21
  16. Oct 7, 2003Went public Listed on NYSE1
  17. 1987Founded Founded in Greenwich1

Calendar

Coming up

  1. Oct 29, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.07 a share, on Oct 30, 2025.83

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results72
  2. Apr 30, 2026Reported quarterly or annual results79
  3. Feb 5, 2026Reported quarterly or annual results82
  4. Oct 30, 2025Reported quarterly or annual results84
  5. Jul 31, 2025Reported quarterly or annual results85
  6. Apr 30, 2025Reported quarterly or annual results86
  7. Feb 6, 2025Reported quarterly or annual results87
  8. Oct 30, 2024Reported quarterly or annual results88

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

362 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 106 major events, 159 insider forms, 38 large holders, 39 other. The latest 20:

  1. Sep 15, 20264 EDGAR
  2. Sep 15, 20264 EDGAR
  3. Sep 14, 2026144 EDGAR
  4. Sep 14, 2026144 EDGAR
  5. Sep 3, 20268-K EDGAR
  6. Aug 13, 2026144/A EDGAR
  7. Aug 12, 2026SCHEDULE 13G EDGAR
  8. Aug 12, 2026SCHEDULE 13G/A EDGAR
  9. Aug 12, 2026SCHEDULE 13G/A EDGAR
  10. Aug 12, 20264 EDGAR
  11. Aug 11, 2026144 EDGAR
  12. Aug 10, 2026144 EDGAR
  13. Aug 7, 20264 EDGAR
  14. Jul 30, 202610-Q EDGAR
  15. Jul 30, 20268-K EDGAR
  16. Jul 30, 20268-K EDGAR
  17. Jul 28, 20264 EDGAR
  18. Jul 28, 20263 EDGAR
  19. Jul 27, 20268-K EDGAR
  20. Jun 4, 2026SCHEDULE 13G/A EDGAR

The 362 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

21 open-market trades by officers, directors and large owners since October 2021: 3 buys and 18 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026Bates David J.Chief Operating OfficerSale2,615$179.41$469.2KForm 4
Sep 14, 2026Wismans KyleChief Financial OfficerSale750$178.52$133.9KForm 4
Aug 11, 2026Brown Christopher MichaelChief Accounting OfficerSale3,750$201.94$757.3KForm 4
Aug 10, 2026Brown Christopher MichaelChief Accounting OfficerSale1,250$201.41$251.8KForm 4
May 28, 2026Landry AllisonDirectorSale2,400$215.61$517.5KForm 4
Sep 11, 2025Landry AllisonDirectorSale3,250$135.04$438.9KForm 4
Mar 13, 2025Bates David J.Chief Operating OfficerBuy1,880$106.16$199.6KForm 4
May 23, 2024Landry AllisonDirectorSale1,875$104.52$196.0KForm 4
May 15, 2024DeMichele Michael10% ownerSale1,250,000$112.98$141.2MForm 4
Dec 31, 2023Harik Mario AChief Executive OfficerSale9,383$87.59$821.9KForm 4
Nov 6, 2023FRYE J WESDirectorBuy1,500$79.71$119.6KForm 4
Jun 16, 2023Landry AllisonDirectorSale1,600$53.20$85.1KForm 4
Mar 10, 2023FRYE J WESDirectorBuy1,500$35.74$53.6KForm 4
Aug 11, 2022BRADLEY S JACOBSExecutive ChairmanSale5,061,029$55.17$279.2MForm 4
Jul 20, 2022BRADLEY S JACOBSExecutive ChairmanSale50,000$53.49$2.7MForm 4
Jul 19, 2022BRADLEY S JACOBSExecutive ChairmanSale50,000$51.29$2.6MForm 4
Jul 18, 2022BRADLEY S JACOBSExecutive ChairmanSale6,471$50.06$323.9KForm 4
Apr 13, 2022BRADLEY S JACOBSExecutive ChairmanSale5,447,500$55.80$304.0MForm 4
Apr 13, 2022Jacobs Private Equity, LLC10% ownerSale5,447,500$55.80$304.0MForm 4
Dec 9, 2021BRADLEY S JACOBSExecutive ChairmanSale3,217,500$74.21$238.8MForm 4

All 21 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Brad JacobsExecutive Chairman$615.7K$23.6M99
2025Mario HarikChief Executive Officer$872.2K$12.0M99
2025David Bates Chief Operating Officer$752.9K$6.6M99
2025Kyle Wismans Chief Financial Officer$639.4K$4.1M99
2025Wendy Cassity Chief Legal Officer$595.8K$2.0M99
2024Mario HarikChief Executive Officer$850.0K$14.0M99
2024Brad JacobsExecutive Chairman$600.0K$7.4M99
2024David Bates Chief Operating Officer$750.0K$6.6M99
2024Kyle Wismans Chief Financial Officer$591.2K$5.8M99
2024Wendy Cassity Chief Legal Officer$575.0K$2.5M99
2023David Bates Chief Operating Officer$522.1K$16.2M99
2023Brad JacobsExecutive Chairman$600.0K$16.0M99
2023Mario HarikChief Executive Officer$850.0K$12.4M99
2023Kyle Wismans Chief Financial Officer$440.9K$3.7M99
2023Wendy Cassity Chief Legal Officer$464.4K$3.2M99

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.14,541,751$3.0B0.0%+2,374,505
MFN Partners Management, LP9,869,691$2.0B41.9%−1,555,678
Capital Research Global Investors8,271,824$1.7B0.2%−1,316,367
Capital World Investors5,834,627$1.2B0.1%+56,399
Vanguard Capital Management LLC5,110,681$1.0B0.0%+50,396
Vanguard Portfolio Management LLC4,824,387$990.4M0.0%+77,916
Fmr LLC4,332,153$889.3M0.0%+727,155
State Street Corp4,246,740$871.8M0.0%+663,780
Orbis Allan Gray Ltd3,402,819$698.6M2.4%−6,273
Invesco Ltd.3,035,930$623.2M0.0%−1,795,684
Durable Capital Partners LP2,424,919$497.8M4.8%−511,015
Geode Capital Management, LLC2,378,074$486.9M0.0%+195,257
Clearbridge Investments, LLC2,371,002$486.7M0.4%−401,654
Goldman Sachs Group Inc2,203,369$452.3M0.0%+1,017,035
Norges Bank1,564,973$321.3M0.0%New
Hood River Capital Management LLC1,297,453$266.4M1.9%+137,623
Findlay Park Partners LLP1,150,100$236.1M3.2%−38,900
Dimensional Fund Advisors LP1,129,603$231.9M0.0%+18,411
Citadel Advisors LLC1,112,882$228.5M0.1%−44,832
Northern Trust Corp1,069,773$219.6M0.0%+91,745
Morgan Stanley1,019,999$209.4M0.0%−6,371
Holocene Advisors, LP904,678$185.7M0.4%−344,753
Charles Schwab Investment Management Inc902,824$185.3M0.0%−8,246
Two Sigma Investments, LP856,209$175.8M0.1%+667,587
FIL Ltd782,652$160.7M0.1%−131,710

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 4, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−35.8%Report
Jul 22, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+19.2%Report
Jul 27, 2021Susie LeeDemocratic, HouseSale$1,001 - $15,000−217.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How XPO, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARXPO, Inc.2
  • CIK0001166003
  • Employer ID (EIN)03-045032618
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsDecember 312
  • Industry code (SIC)4700 Transportation Services2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business addressFive American Lane, Greenwich, CT 068312
  • Phone(855) 976-69512
  • Shares outstanding117,086,465 as of Jul 24, 202615
  • Public float$14.4B as of Jun 30, 202518
  • AuditorKPMG LLP, New York, New York PCAOB ID 185; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceJan 30, 20022
  • Filings1,505 in all: 4 (481), 8-K (421), SC 13G/A (89), 3 (68), 10-Q (62), DEFA14A (33), SC 13G (33), DEF 14A (27)2
    All 64 form types

    4/A (22), 10-K (20), 8-K/A (19), UPLOAD (18), CORRESP (16), SC 13D/A (14), 10QSB (12), SCHEDULE 13G/A (12), PX14A6G (11), SD (11), 424B5 (9), S-8 (9), 144 (8), ARS (8), PRE 14A (7), SC TO-T/A (6), 10KSB (5), 425 (5), 424B3 (4), IRANNOTICE (4), REGDEX (4), S-3ASR (4), SCHEDULE 13G (4), 10QSB/A (3), 3/A (3), 424B2 (3), EFFECT (3), FWP (3), S-3/A (3), SC 13D (3), SC TO-C (3), 10KSB/A (2), 10SB12G/A (2), 8-A12B (2), DEFR14A (2), NT 10-K (2), NT 10-Q (2), POS AM (2), PRER14A (2), S-3 (2), S-8 POS (2), 10-Q/A (1), 10SB12G (1), 144/A (1), 25 (1), 424B7 (1), CERTAMX (1), CERTNYS (1), POSASR (1), REGDEX/A (1), S-3MEF (1), S-4 (1), S-4/A (1), SB-2 (1), SB-2/A (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Feb 5, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Apr 7, 2026
    Latest 8-K (8-K) Sep 3, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.001 per shareXPONew York Stock Exchange

From the cover page of the 10-K filed Feb 5, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks XPO, Inc. names in Item 1A of its 10-K filed Feb 5, 2026: 31 risks under these headings, as written.18

  • COMPANY RISK
  • Risks related to Our Business Model
  • Economic recessions and other factors that reduce freight volumes, both in North America and Europe, could have a material adverse impact on our business.
  • Risks related to Our Strategy and Operations
  • Our company-specific action plan to enhance network efficiencies and drive growth in our North American LTL business, and other management actions to improve our North American LTL business, may not be effective or timely, and may not improve our results of operations or cash flow from operations as planned.
  • Our profitability may be materially adversely impacted if our investments in equipment and service centers do not match customer demand for these resources or if there is a decline in the availability of funding sources for these investments.
  • Failure to successfully implement our cost and revenue initiatives could cause our future financial results to suffer.
  • We may not successfully manage our growth.
  • We may sell or otherwise divest our European business, which may have an adverse effect on our results of operations and cash flows, the market price of our common stock, and on our North American LTL business.
  • If we determine that our goodwill has become impaired, we may incur impairment charges, which would negatively impact our operating results.
  • Issues related to the intellectual property rights on which our business depends, whether related to our failure to enforce our own rights or infringement claims brought by others, could have a material adverse effect on our business, financial condition and results of operations.
  • We are exposed to currency exchange rate fluctuations because a significant proportion of our assets, liabilities and earnings are denominated in foreign currencies.
The other 22 risks
  • Volatility in fuel prices impacts our fuel surcharge revenue and may impact our profitability.
  • Productivity of our fleet historically decreases during the winter season and extreme or unusual weather conditions, whether due to climate change or otherwise, can disrupt our operations, impact freight volumes, and increase our costs, all of which could have a material adverse effect on our business results.
  • Our reputation could be harmed if we fail to satisfy evolving stakeholder expectations regarding environmental matters.
  • Risks related to Our Use of Technology
  • Our business will be seriously harmed if we fail to develop, implement, maintain, upgrade, enhance, protect and integrate our information technology systems, including those systems of any businesses that we acquire.
  • A significant breach of our information security systems, networks or processes could materially adversely affect our business.
  • A failure of our information technology infrastructure may materially adversely affect our business.
  • Risks related to Our Credit and Liquidity
  • Our indebtedness could adversely affect our financial condition.
  • The execution of our strategy could depend on our ability to raise capital in the future, and our inability to do so could prevent us from achieving our growth objectives.
  • We may be adversely affected by interest rate changes because of our floating rate credit facilities.
  • Risks related to Third-Party Relationships
  • We depend on third parties in the operation of our business.
  • Increases in driver compensation and difficulties with attracting and retaining drivers could adversely affect our revenues and profitability.
  • If we are unable to attract and retain management talent and key employees, our business, results of operations and financial position could be adversely affected.
  • Our business may be materially adversely affected by labor disputes.
  • Efforts by labor organizations to organize employees at certain locations in North America, if successful, may impact costs and efficiencies at those locations.
  • Risks related to Litigation and Regulations
  • We are involved in multiple lawsuits and are subject to various claims that could result in significant expenditures and impact our operations.
  • An increase in the number or severity of self-insured claims or an increase in insurance premiums could have an adverse effect on us.
  • We are subject to risks associated with defined benefit plans for our current and former employees, which could have a material adverse effect on our earnings and financial position.
  • Changes in income tax regulations for U.S. and multinational companies may increase our tax liability.
  • We are subject to governmental regulations, political conditions, and emissions-control regulations which could substantially increase operating expenses or negatively impact our business.
  • Failure to comply with trade compliance and anti-corruption laws and regulations applicable to our operations could expose us to potential fines, criminal sanctions, or reputational harm.
  • If the spin-offs of GXO and/or RXO, together with certain related transactions, do not qualify as transactions that are generally tax-free for U.S. federal income tax purposes, XPO and XPO stockholders could be subject to significant tax liabilities. In addition, if certain internal restructuring transactions were to fail to qualify as transactions that are generally tax-free for U.S. federal or non-U.S. income tax purposes, we could be subject to significant tax liabilities.
  • INDUSTRY RISK
  • Risks related to Our Markets and Competition
  • We operate in a highly competitive industry and, if we are unable to adequately address factors that may adversely affect our revenue and costs, our business could suffer.

Legal proceedings

Information with respect to certain legal proceedings is included in Note 17—Commitments and Contingencies to our Consolidated Financial Statements (included in Part II, Item 8 of this Annual Report) and is incorporated herein by reference. For an additional discussion of certain risks associated with legal proceedings, see Item 1A, “Risk Factors” above.

The opening of Item 3, Legal Proceedings.18

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