{
  "id": 18032756,
  "title": "First look: GXO Logistics Q3 revenue hits $3.6B",
  "url": "https://urgent.news/2026/11/03/first-look-gxo-logistics-q3-revenue-hits-3-6b",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T22:11:00.000Z",
  "source": {
    "name": "FreightWaves",
    "slug": "freightwaves",
    "url": "https://www.freightwaves.com/news/first-look-gxo-logistics-q3-revenue-hits-3-6b"
  },
  "original_language": "en",
  "account": "GXO Logistics reported a 5.7% increase in Q3 revenue to $3.59 billion, driven by new business growth and expanded sales pipeline. Organic revenue jumped 6.4%, marking the fastest pace in over three years. The company secured $375 million in new contracts, up 34% year-over-year. GXO's sales pipeline hit a record $3.1 billion, a 30% increase from the prior year. CEO Patrick Kelleher credited a new strategy for delivering results, citing stronger business in core markets and improved conversion rates. Despite a decline in operating income and wider EBITDA margin, GXO reaffirmed its 2026 financial guidance, projecting 4%-5% organic revenue growth, adjusted EBITDA of $945 million to $965 million, and free cash flow conversion of 30%-40%.",
  "summary": "GXO Logistics reported a 5.7% increase in third-quarter revenue to $3.59 billion as new business wins surged 34% and its sales pipeline reached a record $3.1 billion. The post First look: GXO Logistics Q3 revenue hits $3.6B appeared first on FreightWaves .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}