Xpo annual operating expenses
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Xpo Operating Expenses Growth & History (XPO)
Xpo's operating expenses was $1.57B for fiscal 2025.
View full Xpo company overviewXpo annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.57B | −$18.0M | −1.13% |
| 2024 | 2024-12-31 | $1.59B | −$34.0M | −2.09% |
| 2023 | 2023-12-31 | $1.62B | −$64.0M | −3.79% |
| 2022 | 2022-12-31 | $1.69B | $195.0M | +13.07% |
| 2021 | 2021-12-31 | $1.49B | −$4.34B | −74.44% |
| 2020 | 2020-12-31 | $5.84B | $158.0M | +2.78% |
| 2019 | 2019-12-31 | $5.68B | −$10.90B | −65.74% |
| 2018 | 2018-12-31 | $16.57B | $1.78B | +12.00% |
| 2017 | 2017-12-31 | $14.80B | $644.0M | +4.55% |
| 2016 | 2016-12-31 | $14.15B | $6.50B | +84.99% |
| 2015 | 2015-12-31 | $7.65B | $5.25B | +219.16% |
| 2014 | 2014-12-31 | $2.40B | $1.64B | +217.72% |
| 2013 | 2013-12-31 | $754.6M | $448.0M | +146.12% |
| 2012 | 2012-12-31 | $306.6M | $278.5M | +992.89% |
| 2011 | 2011-12-31 | $28.1M | $9.1M | +48.01% |
| 2010 | 2010-12-31 | $19.0M | $5.4M | +39.69% |
| 2009 | 2009-12-31 | $13.6M | — | — |
Xpo quarterly operating expenses
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $476.0M | $92.0M | +23.96% |
| Q1 2026 | 2026-03-31 | $423.0M | $30.0M | +7.63% |
| Q4 2025 | 2025-12-31 | $388.0M | $13.0M | +3.47% |
| Q3 2025 | 2025-09-30 | $406.0M | $7.0M | +1.75% |
| Q2 2025 | 2025-06-30 | $384.0M | −$18.0M | −4.48% |
| Q1 2025 | 2025-03-31 | $393.0M | −$20.0M | −4.84% |
| Q4 2024 | 2024-12-31 | $375.0M | −$25.0M | −6.25% |
| Q3 2024 | 2024-09-30 | $399.0M | −$7.0M | −1.72% |
| Q2 2024 | 2024-06-30 | $402.0M | $12.0M | +3.08% |
| Q1 2024 | 2024-03-31 | $413.0M | −$14.0M | −3.28% |
| Q4 2023 | 2023-12-31 | $400.0M | −$10.0M | −2.44% |
| Q3 2023 | 2023-09-30 | $406.0M | −$19.0M | −4.47% |
| Q2 2023 | 2023-06-30 | $390.0M | −$44.0M | −10.14% |
| Q1 2023 | 2023-03-31 | $427.0M | $9.0M | +2.15% |
| Q4 2022 | 2022-12-31 | $410.0M | −$3.84B | −90.35% |
| Q3 2022 | 2022-09-30 | $425.0M | $59.0M | +16.12% |
| Q2 2022 | 2022-06-30 | $434.0M | −$1.25B | −74.20% |
| Q1 2022 | 2022-03-31 | $418.0M | −$1.24B | −74.76% |
| Q4 2021 | 2021-12-31 | $4.25B | $1.45B | +51.95% |
| Q3 2021 | 2021-09-30 | $366.0M | $56.0M | +18.06% |
| Q2 2021 | 2021-06-30 | $1.68B | $312.0M | +22.77% |
| Q1 2021 | 2021-03-31 | $1.66B | $296.0M | +21.76% |
| Q4 2020 | 2020-12-31 | $2.80B | — | — |
| Q3 2020 | 2020-09-30 | $310.0M | −$3.62B | −92.10% |
| Q2 2020 | 2020-06-30 | $1.37B | −$2.61B | −65.58% |
| Q1 2020 | 2020-03-31 | $1.36B | −$2.63B | −65.90% |
| Q3 2019 | 2019-09-30 | $3.92B | −$201.0M | −4.87% |
| Q2 2019 | 2019-06-30 | $3.98B | −$155.0M | −3.75% |
| Q1 2019 | 2019-03-31 | $3.99B | −$63.0M | −1.56% |
| Q4 2018 | 2018-12-31 | $4.26B | $195.3M | +4.80% |
| Q3 2018 | 2018-09-30 | $4.13B | $415.6M | +11.20% |
| Q2 2018 | 2018-06-30 | $4.13B | $549.8M | +15.34% |
| Q1 2018 | 2018-03-31 | $4.05B | $615.3M | +17.91% |
| Q4 2017 | 2017-12-31 | $4.07B | $454.0M | +12.56% |
| Q3 2017 | 2017-09-30 | $3.71B | $165.4M | +4.67% |
| Q2 2017 | 2017-06-30 | $3.59B | $72.2M | +2.06% |
| Q1 2017 | 2017-03-31 | $3.44B | −$47.6M | −1.37% |
| Q4 2016 | 2016-12-31 | $3.61B | $233.4M | +6.90% |
| Q3 2016 | 2016-09-30 | $3.54B | $1.23B | +52.93% |
| Q2 2016 | 2016-06-30 | $3.51B | $2.27B | +181.94% |
| Q1 2016 | 2016-03-31 | $3.48B | $2.78B | +392.13% |
| Q4 2015 | 2015-12-31 | $3.38B | $2.56B | +309.88% |
| Q3 2015 | 2015-09-30 | $2.32B | $1.64B | +242.85% |
| Q2 2015 | 2015-06-30 | $1.25B | $653.1M | +110.15% |
| Q1 2015 | 2015-03-31 | $707.8M | $404.0M | +132.98% |
| Q4 2014 | 2014-12-31 | $824.7M | $559.0M | +210.39% |
| Q3 2014 | 2014-09-30 | $676.1M | $463.7M | +218.31% |
| Q2 2014 | 2014-06-30 | $592.9M | $441.7M | +292.13% |
| Q1 2014 | 2014-03-31 | $303.8M | $178.5M | +142.46% |
| Q4 2013 | 2013-12-31 | $265.7M | $146.1M | +122.16% |
| Q3 2013 | 2013-09-30 | $212.4M | $132.1M | +164.51% |
| Q2 2013 | 2013-06-30 | $151.2M | $93.3M | +161.14% |
| Q1 2013 | 2013-03-31 | $125.3M | $76.5M | +156.76% |
| Q4 2012 | 2012-12-31 | $119.6M | $110.0M | +1151.05% |
| Q3 2012 | 2012-09-30 | $80.3M | $72.5M | +936.13% |
| Q2 2012 | 2012-06-30 | $57.9M | $52.4M | +945.69% |
| Q1 2012 | 2012-03-31 | $48.8M | $43.6M | +837.20% |
| Q4 2011 | 2011-12-31 | $9.6M | — | — |
| Q3 2011 | 2011-09-30 | $7.8M | $2.5M | +48.50% |
| Q2 2011 | 2011-06-30 | $5.5M | $939,000 | +20.42% |
| Q1 2011 | 2011-03-31 | $5.2M | — | — |
| Q3 2010 | 2010-09-30 | $5.2M | — | — |
| Q2 2010 | 2010-06-30 | $4.6M | — | — |
Xpo operating expenses trends
Over the last five fiscal years, Xpo's operating expenses decreased from $5.84B to $1.57B, a change of −$4.27B. The latest reported quarter, Q2 2026, shows $476.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xpo source filings ↗