GXO · GXO Logistics, Inc.

GXO Logistics reported strong Q1 2026 performance with revenue up 10.8% to $3.3 billion, driven by 4.1% organic growth and favorable FX impacts. New business wins totaled $227 million in annualized revenue, contributing to $870 million of expected FY 2026 incremental revenue, a 19% year-over-year increase. The sales pipeline hit a record $2.7 billion, up 20% quarter-over-quarter, with 25% in strategic growth sectors like technology, data centers, life sciences, aerospace & defense, and industrials. Approximately 40% of wins came from strategic verticals, underscoring diversification and outsourcing trends (37% of wins). Management highlighted margin expansion and earnings growth, with adjusted EBITDA at $200 million and adjusted diluted EPS at $0.50. The company increased full-year 2026 guidance for adjusted EBITDA and adjusted diluted EPS, with the latter up 22% at the midpoint, signaling confidence in sustained momentum. Cash generation showed $31 million in operating cash flow but negative free cash flow of $(31) million due to investments. The presentation emphasizes GXO's technology leadership, customer-centric approach, and effective capital allocation amid secular tailwinds. Investors should read alongside the Q1 2026 10-Q, noting Item 7.01 information is not 'filed' under the Exchange Act.