Highest-materiality recent filing
XPO Inc. enters $385M Term Loan B and $500M Term Loan A to refinance existing debt
Issued $385M 2026 Term Loan B Facility due 2031 at SOFR+1.50% (step-down to 1.375% at leverage ≤1.21x).
XPO Q1 2026 EPS $0.85 (adj $1.01) vs $0.58; revenue up 7.3%
Diluted EPS $0.85 vs $0.58 YoY; adjusted diluted EPS $1.01 vs $0.73.
XPO Q4 2025 diluted EPS $0.50 vs $0.63 prior year; revenue $2.01B up 4.7%
Diluted EPS $0.50 (down 20.6% YoY); adjusted diluted EPS $0.88 (vs $0.89).
Bradley Jacobs steps down as XPO Executive Chairman; CEO Mario Harik becomes Chairman
Bradley S. Jacobs will step down from XPO's Board and as Executive Chairman effective Dec 31, 2025.
XPO Q3 2025: GAAP EPS $0.68 (-14% YoY), adj EPS $1.07 (+5%), revenue $2.11B (+3%)
Diluted GAAP EPS $0.68 vs $0.79 YoY; adjusted diluted EPS $1.07 vs $1.02, up 4.9%.
XPO Q2 2025 EPS falls 29% to $0.89; revenue flat at $2.08B
Diluted EPS $0.89 vs $1.25 in Q2 2024, down 28.8%; adjusted diluted EPS $1.05 vs $1.12, down 6.3%.
XPO May LTL tonnage per day down 5.7% YoY; shipments per day down 5.0%
May 2025 preliminary LTL tonnage per day decreased 5.7% vs May 2024.
XPO Q1 2025 adjusted EPS $0.73 vs $0.81 YoY; revenue down 3.2% to $1.95B
Diluted EPS $0.58 vs $0.56 YoY; adjusted diluted EPS $0.73 vs $0.81, down 9.9%.
XPO board authorizes $750M share repurchase plan, replacing prior $503M plan
New $750M repurchase plan replaces Feb 2019 plan which had $503M remaining as of March 26, 2025.
XPO enters into $1.1B term loan refinancing and new $600M revolver
XPO (XPO) entered a Refinancing Amendment (No.10) on Feb 26, 2025 for up to $700M Term Loan B-2 (matures May 2028) and $400M Term Loan B-3 (matures Feb 2031).
XPO reports Q4 2024 adj. EPS $0.89 YoY; FY adj. EBITDA up 27%
Q4 diluted EPS $0.63 vs $0.49 YoY; adjusted diluted EPS $0.89 vs $0.77.
XPO reports Nov LTL tonnage down 4% YoY; Oct down 8%
November 2024 preliminary LTL tonnage per day fell 4.0% YoY, with shipments per day -4.2% and weight per shipment +0.2%.
XPO Q3 2024 revenue up 3.7% YoY; adjusted EPS $1.02 vs $0.88
Diluted EPS from continuing ops $0.79 vs $0.72 YoY; adjusted EPS $1.02 vs $0.88.
XPO Q2 2024 EPS $1.25 vs $0.27 YoY; adjusted EPS $1.12 vs $0.71
Revenue $2.08B, up 8.5% YoY; North American LTL segment revenue $1.27B (+12%).
XPO Q1 2024: EPS $0.56 ($0.81 adj), revenue $2.02B, North American LTL operating income up 60%
Diluted EPS from continuing ops $0.56 vs $0.15 YoY; adjusted diluted EPS $0.81 vs $0.56.
XPO Q4 2023: Revenue up 6% YoY to $1.94B; adjusted EPS $0.77 beats expectations
Revenue $1.94B (+6% YoY); diluted EPS $0.49 vs ($0.31) loss; adjusted EPS $0.77 vs $0.98.
XPO completes $870M acquisition of Yellow service centers and redeems $112M notes
Acquired 28 service centers from Yellow Corp for $870M in cash; closed on Dec 20, 2023.
XPO closes $985M debt issuance for Yellow asset purchase and debt refinancing
Issued $585M of 7.125% senior notes due 2032 at par; interest payable semiannually starting Aug 1, 2024.
Preliminary November: LTL tonnage per day -0.4% YoY; shipments per day +3.8%; weight per shipment -4.1%.
XPO wins $870M auction for 28 Yellow service centers; plans $585M notes, $400M term loan
Acquired 28 service centers from Yellow for $870M; expected accretive to adj. EBITDA in 2024, dilutive to adj. EPS then accretive from 2025.
XPO Q3 adj EPS $0.88 (vs $0.95 YoY); revenue $1.98B +2%; NA LTL OR improves 140 bps seq
Revenue $1.98B (+2% YoY); adjusted EBITDA $278M (+6% YoY); adj diluted EPS $0.88 vs $0.95 YoY.
XPO reports Q2 2023 revenue $1.92B, adjusted EPS $0.71; July tonnage up 4% YoY
Revenue of $1.92B vs $2.05B a year ago; GAAP diluted EPS from cont ops $0.27 (down from $0.83).
XPO appoints Kyle Wismans as CFO effective Aug 11; Carl Anderson steps down
Kyle Wismans, 39, promoted from SVP revenue management and finance to CFO, effective August 11, 2023.
On May 20, 2026, Wendy Cassity notified XPO, Inc. (the “Company”) of her intention to resign as chief legal officer and corporate secretary of the Company effective on or about June 18, 2026.
Jason Aiken notified XPO, Inc. (the “Company”) of his resignation from the Board of Directors (the “Board”) of the Company effective as of June 6, 2024.
Kyle Wismans will assume the role of chief financial officer of XPO, Inc. (the “Company”) on August 11, 2023.
On April 19, 2023, David J. Bates was appointed chief operating officer of XPO, Inc. (the “Company”), effective April 21, 2023.
On March 8, 2023, the Board of Directors (the “Board”) of XPO, Inc. (the “Company”) expanded the size of the Board from eight to nine members with the appointment of John Wesley Frye as a member of the Board, effective immediately.
On January 23, 2023, XPO, Inc. (the “Company”) and Ravi Tulsyan, the Company’s Senior Advisor – Finance and former Chief Financial Officer, entered into a Separation Agreement and General Release (the “Separation Agreement”), setting forth the terms of Mr. Tulsyan’s separation from employment with the Company, effective as of January 6, 2023 (the “Separation Date”).
AnnaMaria DeSalva, Adrian Kingshott and Mary Kissel resigned from the company’s board of directors
Brad Jacobs was appointed executive chairman of the company’s board of directors
Mario Harik was appointed chief executive officer of the company
AnnaMaria DeSalva, Adrian Kingshott and Mary Kissel resigned from the company’s board of directors
Bella Allaire, Mario Harik and Irene Moshouris were each appointed as a director of the company
Bella Allaire, Mario Harik and Irene Moshouris were each appointed as a director of the company
Max materiality 0.85 · Median 0.55 · Most common event other_material