---
schema_version: "secwatch.filing_event.v1"
accession: "0001852244-24-000011"
form_type: "8-K"
ticker: "GXO"
cik: "0001852244"
company_name: "GXO Logistics, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:51:38.250682+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GXO prelim Q1 rev ~$2.5B, net loss $36M on $63M litigation charge; reiterates FY24 guidance, updates 2027 targets

## Summary
- Revenue ~$2.5B; net loss ~$36M (incl $63M legacy litigation); adj EBITDA ~$154M.
- New business wins up 55% YoY to ~$250M; pipeline $2.2B; wins with Boeing, Guess, Michelin, WH Smith.
- FY24 guidance reiterated: organic rev growth 2-5%, adj EBITDA $760-790M, adj EPS $2.70-2.90 standalone.
- Updated FY24 guidance incl Wincanton: adj EBITDA $805-835M, adj EPS $2.73-2.93; acquisition subject to conditions.
- 2027 targets: revenue ~$15.5-16.0B, adj EBITDA ~$1.25-1.30B, adj EPS CAGR >15%, FCF conv >30%.

## SEC filing metadata
- accession: 0001852244-24-000011
- form_type: 8-K
- ticker: GXO
- cik: 0001852244
- company_name: GXO Logistics, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852244/000185224424000011/0001852244-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852244/000185224424000011/gxo-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001852244-24-000011
- JSON: https://secwatch.observer/filing/0001852244-24-000011.json
- Plain text: https://secwatch.observer/filing/0001852244-24-000011.txt

## Key facts
- Earnings Releases
  GXO Logistics, Inc. reported full year 2024 results: EPS Adjusted diluted EPS 2 of $2.73 to $2.93. Guidance initiated.
  - Period: full year 2024
  - EPS: Adjusted diluted EPS 2 of $2.73 to $2.93
  - Guidance: initiated
  - Result: guidance update
  source text: Standalone basis (unchanged): • Organic revenue growth 2 of 2% to 5%; • Adjusted EBITDA 2 of $760 million to $790 million; • Adjusted diluted EPS 2 of $2.70 to $2.90; and • Free cash flow conversion 2 of 30% to 40% of adjusted EBITDA 2.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852244/000185224424000011/0001852244-24-000011-index.htm
- Earnings Releases
  GXO Logistics, Inc. reported full year 2024 results: EPS Adjusted diluted EPS 2 of $2.73 to $2.93. Guidance initiated.
  - Period: full year 2024
  - EPS: Adjusted diluted EPS 2 of $2.73 to $2.93
  - Guidance: initiated
  - Result: guidance update
  source text: Including expected impact of Wincanton acquisition, subject to the satisfaction of customary conditions: • Organic revenue growth 2 of 2% to 5%; • Adjusted EBITDA 2 of $805 million to $835 million; • Adjusted diluted EPS 2 of $2.73 to $2.93; and • Free cash flow conversion 2 of 30% to 40% of adjusted EBITDA 2.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852244/000185224424000011/0001852244-24-000011-index.htm

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