GXO Lifts 2026 Guidance After Strong Q1, Brushes Off Amazon Competition

Key Details GXO Logistics reported first-quarter revenue of $3.3 billion, up 10.8% year over year, with adjusted EBITDA climbing 23% to $200 million. The company raised full-year adjusted EBITDA guidance to $935-$975 million and boosted adjusted diluted EPS guidance to $2.90-$3.20. Why It Matters The contract logistics provider is capitalizing on high-margin sectors like aerospace, defense, and AI infrastructure. CEO Patrick Kelleher noted the company secured $227 million in new business wins during Q1, with 40% tied to strategic growth verticals. Looking Ahead GXO's sales pipeline hit a record $2.7 billion, with over $500 million from strategic growth sectors. Executives emphasized expansion in data center logistics and AI cloud infrastructure with major hyperscalers, signaling confidence in the company's competitive position regardless of Amazon's supply chain moves. Company Profile The Greenwich, Connecticut-based firm operates 970+ facilities spanning 200 million square feet globally with 130,000+ employees, making it one of the world's largest pure-play contract logistics providers.