v3.26.1
Stockholders' Equity
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Stockholders' Equity
13. Stockholders’ Equity

Stock Repurchase Plan

In 2025, the Company’s board of directors authorized and announced a repurchase plan for up to $500 million of its common stock (the “Repurchase Plan”). The Repurchase Plan permits shares of common stock to be repurchased from time to time in management’s discretion, through a variety of methods, including a 10b5-1 trading plan, open market purchases, privately negotiated transactions or otherwise. The timing and number of shares of common stock repurchased will depend on a variety of factors, including price, general business and market conditions, alternative investment opportunities and funding considerations. The Repurchase Plan does not obligate the Company to repurchase any specific number of shares of common stock and may be suspended or discontinued at any time.
The repurchase of shares of the Company’s common stock is recorded as treasury stock within equity and is accounted for under the cost method, inclusive of share repurchase costs and excise tax on share repurchases in excess of issuances. During the six months ended June 30, 2026 and June 30, 2025, the Company repurchased approximately 332 thousand and 5.4 million shares of its common stock for an aggregate purchase price of $16 million and $202 million, respectively, including share repurchase costs and excise tax. As of June 30, 2026 and December 31, 2025, $284 million and $300 million remained authorized under the Repurchase Plan, respectively. During July 2026, the Company repurchased an additional 104 thousand shares of its common stock for an aggregate purchase price of $5 million, including share repurchase costs.
Accumulated Other Comprehensive Income - Loss

The following tables summarize the changes in AOCIL by component:
Foreign Currency Adjustment
(In millions)Foreign
Currency
Translation
Adjustments		Net Investment HedgesCash
Flow
Hedges		Fair Value
Hedges		Defined
Benefit
Plans		Less: AOCIL
attributable to
NCI		AOCIL
attributable
to GXO
As of March 31, 2026$92 $(133)$1 $— $(182)$— $(222)
Other comprehensive income (loss) before reclassifications(4)6 — (3)— 2 1 
Amounts reclassified to net income— (2)(1)— 1 — (2)
Tax amounts1 (1)— — — — — 
Other comprehensive income (loss), net of tax(3)3 (1)(3)1 2 (1)
As of June 30, 2026$89 $(130)$— $(3)$(181)$2 $(223)
    

Foreign Currency Adjustment
(In millions)Foreign
Currency
Translation
Adjustments		Net Investment HedgesCash
Flow
Hedges		Fair Value
Hedges		Defined
Benefit
Plans		Less: AOCIL
attributable to
NCI		AOCIL
attributable
to GXO
As of December 31, 2025$147 $(164)$1 $(1)$(186)$2 $(201)
Other comprehensive income (loss) before reclassifications(58)45 — (1)3 — (11)
Amounts reclassified to net income— (2)(1)(1)3 — (1)
Tax amounts— (9)— — (1)— (10)
Other comprehensive income (loss), net of tax(58)34 (1)(2)5 — (22)
As of June 30, 2026$89 $(130)$— $(3)$(181)$2 $(223)

Foreign Currency Adjustment
(In millions)Foreign
Currency
Translation
Adjustments		Net Investment HedgesCash
Flow
Hedges		Defined
Benefit
Plans		Less: AOCIL
attributable to
NCI		AOCIL
attributable
to GXO
As of March 31, 2025$(64)$(26)$3 $(159)$1 $(245)
Other comprehensive income (loss) before reclassifications288 (194)(1)(12)(3)78 
Amounts reclassified to net income— (1)— 2 — 1 
Tax amounts(1)44 1 2 — 46 
Other comprehensive income (loss), net of tax287 (151)— (8)(3)125 
As of June 30, 2025$223 $(177)$3 $(167)$(2)$(120)
Foreign Currency Adjustment
(In millions)Foreign
Currency
Translation
Adjustments		Net Investment HedgesCash
Flow
Hedges		Defined
Benefit
Plans		Less: AOCIL
attributable to
NCI		AOCIL
attributable
to GXO
As of December 31, 2024$(195)$31 $4 $(155)$2 $(313)
Other comprehensive income (loss) before reclassifications419 (270)(2)(18)(4)125 
Amounts reclassified to net loss— 1 — 3 — 4 
Tax amounts(1)61 1 3 — 64 
Other comprehensive income (loss), net of tax418 (208)(1)(12)(4)193 
As of June 30, 2025$223 $(177)$3 $(167)$(2)$(120)