For the quarter ending 2026-03-31, XPO had -$72M decrease in cash & cash equivalents over the period. -$688M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total adjusted ebitda | 319 | 312 | 342 | - |
| Debt extinguishment loss | 0 | -1 | 0 | - |
| Interest expense | 53 | 53 | 54 | - |
| Income tax provision | 23 | 32 | 30 | - |
| Depreciation and amortization expense | 131 | 133 | 134 | - |
| Pre-con-way acquisition environmental matter | - | 0 | 35 | - |
| Legal matters | 0 | 0 | 0 | - |
| Transaction and integration costs | 2 | 1 | 1 | - |
| Restructuring costs | 9 | 33 | 6 | - |
| Net income | -156 | - | 82 | 175 |
| Other | - | 0 | - | - |
| Income from continuing operations | - | 316 | - | - |
| Depreciation and amortization | 131 | 133 | 134 | 254 |
| Stock compensation expense | 13 | 31 | 15 | 31 |
| Accretion of debt | 3 | 2 | 3 | 5 |
| Deferred tax expense | 9 | 27 | 66 | 6 |
| Gains on sales of property and equipment | 1 | 15 | -1 | 3 |
| Other | -7 | -5 | -5 | -14 |
| Accounts receivable | 146 | -59 | -18 | 124 |
| Other assets | -1 | 56 | 8 | -26 |
| Accounts payable | 16 | -8 | 8 | -22 |
| Accrued expenses and other liabilities | 49 | -14 | 50 | 26 |
| Net cash provided by operating activities from continuing operations | - | 986 | - | - |
| Net cash provided by operating activities | -577 | - | 371 | 389 |
| Payment for purchases of property and equipment | 111 | 106 | 156 | 395 |
| Proceeds from sale of property and equipment | 7 | 23 | 6 | 12 |
| Proceeds from settlement of cross currency swaps | - | 0 | - | - |
| Proceeds from sale of investment | - | 0 | 0 | - |
| Net cash used in investing activities from continuing operations | - | -616 | - | - |
| Payment for settlement of cross-currency swaps | 3 | - | - | - |
| Proceeds from issuance of debt | - | 0 | - | - |
| Net cash used in investing activities | 425 | - | -150 | -382 |
| Repurchase of debt | 30 | 65 | 50 | - |
| Repayment of debt and finance leases | 20 | 17 | 20 | 36 |
| Payment for debt issuance costs | 0 | 0 | 0 | 3 |
| Repurchase of common stock | 30 | 68 | 47 | 10 |
| Change in bank overdrafts | 20 | -1 | 2 | 22 |
| Payment for tax withholdings for restricted shares | 88 | 3 | -1 | 48 |
| Other | 1 | 1 | 1 | 2 |
| Net cash provided by (used in) financing activities from continuing operations | - | -339 | - | - |
| Operating activities of discontinued operations | - | 0 | - | - |
| Investing activities of discontinued operations | - | 0 | - | - |
| Financing activities of discontinued operations | - | 0 | - | - |
| Net cash used in discontinued operations | - | 0 | - | - |
| Net cash used in financing activities | 38 | - | -111 | -74 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | -2 | 0 | -3 | 2 |
| Net decrease in cash, cash equivalents and restricted cash | -72 | -11 | 107 | -65 |
| Cash, cash equivalents and restricted cash, beginning of period | 330 | 341 | 298 | - |
| Cash, cash equivalents and restricted cash, end of period | 257 | 330 | 341 | - |
XPO, Inc. (XPO)
XPO, Inc. (XPO)