$XPO
XPO, Inc.

2023 Q2 Form 10-Q Financial Statement

#000116600323000053 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $1.917B $1.907B
YoY Change -40.69% -45.09%
Cost Of Revenue $834.0M $884.0M
YoY Change -61.26% -63.73%
Gross Profit $1.083B $1.023B
YoY Change 0.37% -1.25%
Gross Profit Margin 56.49% 53.64%
Selling, General & Admin $798.0M $777.0M
YoY Change 146.3% 125.87%
% of Gross Profit 73.68% 75.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $107.0M $101.0M
YoY Change -6.96% -12.93%
% of Gross Profit 9.88% 9.87%
Operating Expenses $951.0M $922.0M
YoY Change 193.52% 168.02%
Operating Profit $107.0M $58.00M
YoY Change -53.48% -90.72%
Interest Expense $43.00M $42.00M
YoY Change 38.71% 13.51%
% of Operating Profit 40.19% 72.41%
Other Income/Expense, Net $3.000M $5.000M
YoY Change -80.0% -64.29%
Pretax Income $44.00M $21.00M
YoY Change -76.6% -96.51%
Income Tax $13.00M $4.000M
% Of Pretax Income 29.55% 19.05%
Net Earnings $33.00M $14.00M
YoY Change -76.6% -97.13%
Net Earnings / Revenue 1.72% 0.73%
Basic Earnings Per Share $0.28 $0.13
Diluted Earnings Per Share $0.28 $0.13
COMMON SHARES
Basic Shares Outstanding 115.9M shares 115.5M shares
Diluted Shares Outstanding 118.0M shares 116.0M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $290.0M $309.0M
YoY Change -33.49% -69.22%
Cash & Equivalents $290.0M $309.0M
Short-Term Investments
Other Short-Term Assets $224.0M $221.0M
YoY Change -17.34% -20.79%
Inventory
Prepaid Expenses
Receivables $1.008B $1.019B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.522B $1.565B
YoY Change -47.81% -55.98%
LONG-TERM ASSETS
Property, Plant & Equipment $2.037B $1.978B
YoY Change 13.23% 10.13%
Goodwill $1.493B $1.483B
YoY Change -34.63% -36.41%
Intangibles $383.0M $396.0M
YoY Change -26.63% -27.74%
Long-Term Investments
YoY Change
Other Assets $213.0M $209.0M
YoY Change -25.78% -22.01%
Total Long-Term Assets $4.830B $4.783B
YoY Change -15.62% -17.03%
TOTAL ASSETS
Total Short-Term Assets $1.522B $1.565B
Total Long-Term Assets $4.830B $4.783B
Total Assets $6.352B $6.348B
YoY Change -26.48% -31.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $464.0M $505.0M
YoY Change -59.76% -62.03%
Accrued Expenses $910.0M $902.0M
YoY Change -27.08% -25.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $66.00M $66.00M
YoY Change 20.0% -90.32%
Total Short-Term Liabilities $1.533B $1.546B
YoY Change -41.8% -54.95%
LONG-TERM LIABILITIES
Long-Term Debt $2.452B $2.478B
YoY Change -14.18% -13.87%
Other Long-Term Liabilities $264.0M $264.0M
YoY Change -14.84% -15.11%
Total Long-Term Liabilities $3.700B $3.747B
YoY Change -13.93% -12.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.533B $1.546B
Total Long-Term Liabilities $3.700B $3.747B
Total Liabilities $5.233B $5.293B
YoY Change -24.52% -31.46%
SHAREHOLDERS EQUITY
Retained Earnings $43.00M $10.00M
YoY Change -93.6% -98.12%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.119B $1.055B
YoY Change
Total Liabilities & Shareholders Equity $6.352B $6.348B
YoY Change -26.48% -31.89%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income $33.00M $14.00M
YoY Change -76.6% -97.13%
Depreciation, Depletion And Amortization $107.0M $101.0M
YoY Change -6.96% -12.93%
Cash From Operating Activities $131.0M $68.00M
YoY Change -32.82% -66.0%
INVESTING ACTIVITIES
Capital Expenditures $131.0M $224.0M
YoY Change -200.77% 63.5%
Acquisitions
YoY Change
Other Investing Activities $5.000M $8.000M
YoY Change -78.26% -98.87%
Cash From Investing Activities -$126.0M -$216.0M
YoY Change 17.76% -137.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -26.00M -9.000M
YoY Change -95.99% -62.5%
NET CHANGE
Cash From Operating Activities 131.0M 68.00M
Cash From Investing Activities -126.0M -216.0M
Cash From Financing Activities -26.00M -9.000M
Net Change In Cash -21.00M -$155.0M
YoY Change -96.26% -120.81%
FREE CASH FLOW
Cash From Operating Activities $131.0M $68.00M
Capital Expenditures $131.0M $224.0M
Free Cash Flow $0.00 -$156.0M
YoY Change -100.0% -347.62%

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xpo2023q110-qexx104.htm Edgar Link pending
xpo2023q110-qexx105.htm Edgar Link pending
xpo2023q110-qexx106.htm Edgar Link pending
xpo2023q110-qexx107.htm Edgar Link pending
xpo2023q110-qexx311.htm Edgar Link pending
xpo2023q110-qexx312.htm Edgar Link pending
xpo2023q110-qexx321.htm Edgar Link pending
xpo2023q110-qexx322.htm Edgar Link pending
xpo-20230331_def.xml Edgar Link unprocessable
xpo-20230331_cal.xml Edgar Link unprocessable
xpo-20230331_pre.xml Edgar Link unprocessable