GXO Logistics Reports Q3 2026 Revenue Growth and Record Sales Pipeline
GXO Logistics reported strong third-quarter 2026 results, with revenue reaching $3.6 billion, a 5.7% increase year-over-year. This growth was fueled by expansion across all operating regions and a significant 19% surge in the technology vertical. The company also achieved record levels in its sales pipeline, which stood at $3.1 billion at quarter end, representing a 30% increase compared to the previous year. Despite revenue gains, Adjusted EBITDA remained flat at $251 million due to startup costs associated with new business and investments in productivity tools like GXO IQ. While free cash flow saw a decline to $85 million from $187 million in the prior-year period—impacted by ERP implementation timing and higher capital expenditures—management reaffirmed its full-year 2026 guidance for organic revenue growth, Adjusted EBITDA, and EPS.
Tickers: $GXO
Topics: EPS Revenue Growth Sales Pipeline Share Repurchases Technology Vertical Growth