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Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 2.02B | 4% |
Gross Profit | 1.02B | 47.5% |
Cost of Revenue | 1B | 4.5% |
Operating expense | 449M | 18.1% |
Net Income | 67M | 15.5% |
EBITDA | 265M | 13.2% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 7.6B | 1.5% |
Total Liabilities | 6.27B | 0.7% |
Total Equity | 1.33B | 5.2% |
Shares Outstanding | 116M | 0% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 151M | 160.3% |
Cash from investing | -299M | 70.9% |
Cash from financing | -29M | 103.5% |
EPS
Financial Highlights for XPO Logistics in Q1 '24
XPO Logistics reported a revenue of 2.02B, which is a 4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.02B, marking a -47.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1B, a -4.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 449M, showing a -18.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 67M, showing a 15.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 265M, showing a 13.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
XPO Logistics faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.