---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-112634"
form_type: "8-K"
ticker: "XPO"
cik: "0001166003"
company_name: "XPO, Inc."
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:24:03.882963+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XPO Q3: Operating income up 65% YoY to $185M; adjusted EPS $1.45 vs $0.94

## Summary
- Revenue $3.04B, down 7% YoY but up 3% excluding sold intermodal operation.
- Net income from continuing ops $131M vs $21M; diluted EPS $1.13 vs $0.19.
- Adjusted EBITDA $352M vs $307M; free cash flow $142M in the quarter.
- LTL tonnage improved each month through Q3, turned positive YoY in September.
- North American truck brokerage volume grew 9% year-over-year.

## SEC filing metadata
- accession: 0001104659-22-112634
- form_type: 8-K
- ticker: XPO
- cik: 0001166003
- company_name: XPO, Inc.
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166003/000110465922112634/0001104659-22-112634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166003/000110465922112634/tm2229246d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-112634
- JSON: https://secwatch.observer/filing/0001104659-22-112634.json
- Plain text: https://secwatch.observer/filing/0001104659-22-112634.txt

## Key facts
- Earnings Releases
  XPO, Inc. reported fiscal quarter ended September 30, 2022 results: revenue $3.04 billion, net income $131 million, EPS $1.13.
  - Period: fiscal quarter ended September 30, 2022
  - Revenue: $3.04 billion
  - Net income: $131 million
  - EPS: $1.13
  - Result: reported results
  source text: Revenue was $3.04 billion for the third quarter, compared with $3.27 billion for the same period in 2021. Excluding third quarter 2021 revenue from the company’s intermodal operation, which was sold in March 2022, third quarter 2022 revenue increased year-over-year by 3%. Net income from continuing operations attributable to common shareholders was $131 million for the third quarter, compared with $21 million for the same period in 2021. Operating income was $185 million for the third quarter, compared with $112 million for the same period in 2021. Diluted earnings from continuing operations per share was $1.13 for the third quarter, compared with $0.19 for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1166003/000110465922112634/0001104659-22-112634-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.