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Mar 31

GXO Logistics Q1 2025 Earnings Report

Reported strong first quarter 2025 results with increased revenue and reaffirmed full-year guidance.

Key Takeaways

GXO Logistics reported a strong first quarter for 2025, with revenue increasing 21% year over year to $3 billion. Despite a net loss of $95 million, the company saw growth in adjusted EBITDA and organic revenue. They also grew their sales pipeline and secured significant new business wins, including a landmark contract with England's National Health Service Supply Chain. The company reaffirmed its full-year 2025 guidance for organic revenue growth and adjusted EBITDA.

First quarter 2025 revenue increased 21% year over year to $3 billion.

Organic revenue grew by 3% in the first quarter.

Adjusted EBITDA was $163 million for the first quarter.

Full-year 2025 guidance for organic revenue growth and adjusted EBITDA was reaffirmed.

Total Revenue
$2.98B
Previous year: $2.5B
+19.1%
EPS
$0.29
Previous year: $0.45
-35.6%
Adjusted EBITDA
$163M
Organic revenue growth
2.7%
Cash flows from operations
$29M
Cash and Equivalents
$288M
Previous year: $423M
-31.9%
Free Cash Flow
-$48M
Previous year: -$17M
+182.4%
Total Assets
$11.3B
Previous year: $9.38B
+20.7%

GXO Logistics

GXO Logistics

GXO Logistics Revenue by Segment

GXO Logistics Revenue by Geographic Location

Forward Guidance

GXO Logistics reaffirmed its full-year 2025 guidance, expecting continued organic revenue growth and strong adjusted EBITDA performance.

Positive Outlook

  • Reaffirmed full-year 2025 organic revenue growth guidance of 3% to 6%.
  • Reaffirmed full-year 2025 adjusted EBITDA guidance of $840 million to $860 million.
  • Reaffirmed full-year 2025 adjusted diluted EPS guidance of $2.40 to $2.60.
  • Reaffirmed full-year 2025 adjusted EBITDA to free cash flow conversion guidance of 25% to 35%.
  • Sales pipeline grew to a three-year high of $2.5 billion (excluding Wincanton).

Challenges Ahead

  • Guidance reflects current foreign exchange rates, which can fluctuate.
  • Variability and complexity of reconciling non-GAAP measures to GAAP measures makes a reconciliation unavailable without unreasonable effort.
  • Subject to known and unknown risks, uncertainties, and assumptions that may cause actual results to differ materially.
  • Economic conditions generally could impact results.
  • Supply chain challenges, including labor shortages, could impact results.