GXO Revenue Jumps 16% as Profit Slides in Q2
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reported a 16% during the second quarter of 2025, the company announced Aug. 5.
The Greenwich, Conn.-based contract logistics firm posted net income of $28 million, or 23 cents a diluted share, for the three months ending June 30. That compared with $39 million, or 32 cents, during the same time the previous year. Total revenue increased to $3.3 billion from $2.85 billion. That also accounted for its highest organic revenue growth in nine quarters.
“We signed $307 million of new business wins, bringing new business wins in the first half of the year to over half a billion dollars,” said CEO Malcolm Wilson. “We received final regulatory approval of the Wincanton acquisition, which will unlock growth opportunities in the U.K. as well as in aerospace and industrial across Europe. We’re kicking off the integration in the coming weeks, and the GXO and Wincanton teams are already collaborating.”
Revenue by Segment
• Omnichannel retail vertical increased 23.6% to $1.63 billion from $1.32 billion in the 2024 period.
• Technology and consumer electronics increased 10.7% to $402 million from $363 million.
• Industrial and manufacturing climbed 21.8% to $403 million from $331 million.
• Food and beverage increased 10.1% to $359 million from $326 million.
• Consumer packaged goods was unchanged at $290 million.
“We announced in June that seasoned supply chain leader Patrick Kelleher will take the helm of GXO as CEO later this month,” Wilson said. “Serving as CEO of GXO has been the honor of a lifetime. I’m proud of all that we’ve achieved in establishing GXO as a true industry leader and am confident that Patrick will lead GXO into its next chapter of growth.”
Kelleher will assume his new leadership role Aug. 19.
GXO ranks No. 3 on the Transport Topics Top 100 list of the largest logistics companies in North America.
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