GXO reports stronger growth as logistics contract wins accelerate

GXO Logistics reported higher revenue and net income for the third quarter of 2026, supported by stronger organic growth and an increase in new business contracts.

The company generated revenue of US$3.6 billion, up 5.7% from US$3.4 billion a year earlier. Organic revenue grew by 6.4%, marking its fastest expansion in more than three years.

Meanwhile, net income increased to US$65 million from US$60 million in the same quarter of 2025. Adjusted earnings per share also rose to US$0.89 from US$0.79.

However, adjusted EBITDA remained unchanged at US$251 million, despite the increase in revenue.

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