GXO Logistics (GXO) Revenue & Revenue Breakdown


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GXO Logistics Revenue Highlights


Latest Revenue (Y)

$9.78B

Latest Revenue (Q)

$2.85M

Main Segment (Y)

Food and Beverage

Main Geography (Y)

UNITED STATES

GXO Logistics Revenue by Period


GXO Logistics Revenue by Year

DateRevenueChange
2023-12-31$9.78B8.73%
2022-12-31$8.99B13.26%
2021-12-31$7.94B28.17%
2020-12-31$6.20B1.66%
2019-12-31$6.09B0.48%
2018-12-31$6.07B-

GXO Logistics generated $9.78B in revenue during NA 2023, up 8.73% compared to the previous quarter, and up 161.22% compared to the same period a year ago.

GXO Logistics Revenue by Quarter

DateRevenueChange
2024-06-30$2.85M-99.88%
2024-03-31$2.46B-5.17%
2023-12-31$2.59B4.82%
2023-09-30$2.47B3.22%
2023-06-30$2.39B3.06%
2023-03-31$2.32B-5.84%
2022-12-31$2.47B7.87%
2022-09-30$2.29B6.08%
2022-06-30$2.16B3.50%
2022-03-31$2.08B-7.91%
2021-12-31$2.26B14.59%
2021-09-30$1.97B4.89%
2021-06-30$1.88B3.29%
2021-03-31$1.82B3.17%
2020-12-31$1.77B11.49%
2020-09-30$1.58B12.74%
2020-06-30$1.41B-2.43%
2020-03-31$1.44B-

GXO Logistics generated $2.85M in revenue during Q2 2024, up -99.88% compared to the previous quarter, and up 0.12% compared to the same period a year ago.

GXO Logistics Revenue Breakdown


GXO Logistics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Food and Beverage$1.33B$1.33B$1.33B
Consumer Packaged Goods$1.03B$915.00M$832.00M
Industrial And Manufacturing$1.08B$1.08B$994.00M
Product and Service, Other$775.00M$689.00M$595.00M
E-Commerce, Omnichannel and Consumer Technology--$4.19B

GXO Logistics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Food and Beverage (31.61%), Industrial And Manufacturing (25.60%), Consumer Packaged Goods (24.39%), and Product and Service, Other (18.40%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Food and Beverage$316.00M$689.00M$335.00M$307.00M$318.00M$335.00M$336.00M$338.00M$533.00M$290.00M$252.00M
E-Commerce, Omnichannel and Consumer Technology$1.02B$1.03B$968.00M$1.19B$1.13B$1.36B$979.00M$947.00M---
Consumer Packaged Goods$295.00M$542.00M$232.00M$253.00M$252.00M$227.00M$223.00M$213.00M$138.00M$240.00M$224.00M
Product and Service, Other$175.00M$442.00M$176.00M$157.00M$223.00M$193.00M$134.00M$139.00M$-767.00M$465.00M$459.00M
Industrial And Manufacturing$266.00M$536.00M$270.00M$272.00M$269.00M$275.00M$269.00M$263.00M---

GXO Logistics's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: E-Commerce, Omnichannel and Consumer Technology (49.28%), Food and Beverage (15.24%), Consumer Packaged Goods (14.22%), Industrial And Manufacturing (12.83%), and Product and Service, Other (8.44%).

GXO Logistics Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
UNITED STATES$2.91B$2.86B$2.47B
FRANCE$830.00M$729.00M$734.00M
ITALY$382.00M$331.00M-
NETHERLANDS$831.00M$699.00M$651.00M
Other Geographical Areas$633.00M$592.00M$973.00M
SPAIN$529.00M$488.00M$479.00M

GXO Logistics's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (47.58%), NETHERLANDS (13.59%), FRANCE (13.58%), Other Geographical Areas (10.35%), SPAIN (8.65%), and ITALY (6.25%).

Quarterly Revenue by Country

CountryMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
FRANCE$200.00M$411.00M$217.00M$202.00M$199.00M$171.00M$183.00M$176.00M$183.00M$181.00M$190.00M
SPAIN$129.00M$266.00M$136.00M$127.00M$128.00M$117.00M$123.00M$120.00M$121.00M$117.00M-
ITALY$93.00M$200.00M$94.00M$88.00M-------
NETHERLANDS$218.00M$437.00M$198.00M$196.00M$191.00M$175.00M$163.00M$170.00M$187.00M$159.00M-
Other Geographical Areas$156.00M$317.00M$164.00M$152.00M$-90.00M$225.00M$225.00M$232.00M$249.00M$238.00M$44.00M
UNITED STATES$747.00M$1.50B$692.00M$714.00M$786.00M$709.00M$685.00M$681.00M$735.00M$599.00M$551.00M
Europe Excluding France And United Kingdom----------$482.00M

GXO Logistics's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (48.41%), NETHERLANDS (14.13%), FRANCE (12.96%), Other Geographical Areas (10.11%), SPAIN (8.36%), and ITALY (6.03%).

GXO Logistics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CHRWC.H. Robinson Worldwide$17.60B$4.48B
JBHTJ.B. Hunt Transport Services$12.83B$2.93B
GXOGXO Logistics$9.78B$2.85M
EXPDExpeditors of Washington$9.30B$2.44B
LSTRLandstar System$5.30B$1.23B
HUBGHub Group$4.20B$986.50M
FWRDForward Air$1.37B$643.67M

GXO Revenue FAQ


GXO Logistics's yearly revenue for 2023 was $9.78B, representing an increase of 8.73% compared to 2022. The company's yearly revenue for 2022 was $8.99B, representing an increase of 13.26% compared to 2021. GXO's yearly revenue for 2021 was $7.94B, representing an increase of 28.17% compared to 2020.

GXO Logistics's quarterly revenue for Q2 2024 was $2.85M, a -99.88% decrease from the previous quarter (Q1 2024), and a -99.88% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.46B, a -5.17% decrease from the previous quarter (Q4 2023), and a 5.73% increase year-over-year (Q1 2023). GXO's quarterly revenue for Q4 2023 was $2.59B, a 4.82% increase from the previous quarter (Q3 2023), and a 4.99% increase year-over-year (Q4 2022).

GXO Logistics's revenue growth rate for the last 3 years (2021-2023) was 23.15%, and for the last 5 years (2019-2023) was 60.45%.

GXO Logistics's revenue streams in c 23 are Food and Beverage, Consumer Packaged Goods, Industrial And Manufacturing, and Product and Service, Other. Food and Beverage generated $1.33B in revenue, accounting 31.61% of the company's total revenue, up 0.30% year-over-year. Consumer Packaged Goods generated $1.03B in revenue, accounting 24.39% of the company's total revenue, up 12.24% year-over-year. Industrial And Manufacturing generated $1.08B in revenue, accounting 25.60% of the company's total revenue, up 0.19% year-over-year. Product and Service, Other generated $775M in revenue, accounting 18.40% of the company's total revenue, up 12.48% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of GXO Logistics was Food and Beverage. This segment made a revenue of $1.33B, representing 31.61% of the company's total revenue.