v3.26.3
Stockholders' Equity
 9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Stockholders' Equity
Note 12. 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. It is accounted for under the cost method, inclusive of share repurchase costs and excise tax on share repurchases in excess of issuances. For the three months ended September 30, 2026, the Company repurchased approximately 1.8 million shares of its common stock for an aggregate purchase price of $85 million, including $84 million of share repurchases and $1 million of excise tax, and did not repurchase any shares for the three months ended September 30, 2025. For the nine months ended September 30, 2026 and 2025, the Company repurchased approximately 2.1 million and 5.4 million shares of its common stock for an aggregate purchase price of $101 million and $202 million, including $100 million and $200 million of share repurchases and $1 million and $2 million of excise tax, respectively. As of September 30, 2026, $200 million remained authorized under the Repurchase Plan.
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 June 30, 2026$89 $(130)$— $(3)$(181)$2 $(223)
Other comprehensive income before reclassifications(1)20 — 2 1 — 22 
Amounts reclassified to net income— (2)— (1)2 — (1)
Tax amounts— (4)— — (1)— (5)
Other comprehensive income, net of tax(1)14 — 1 2 — 16 
As of September 30, 2026$88 $(116)$— $(2)$(179)$2 $(207)
    

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(59)65 — 1 4 — 11 
Amounts reclassified to net income— (4)(1)(2)5 — (2)
Tax amounts— (13)— — (2)— (15)
Other comprehensive income (loss), net of tax(59)48 (1)(1)7 — (6)
As of September 30, 2026$88 $(116)$— $(2)$(179)$2 $(207)

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 June 30, 2025$223 $(177)$3 $(167)$(2)$(120)
Other comprehensive income (loss) before reclassifications(72)18 — 3 3 (48)
Amounts reclassified to net income— (1)— 1 — — 
Tax amounts(1)(3)(1)(1)— (6)
Other comprehensive income (loss), net of tax(73)14 (1)3 3 (54)
As of September 30, 2025$150 $(163)$2 $(164)$1 $(174)
Foreign Currency Adjustment
(In millions)Foreign
Currency
Translation
Adjustments		Net Investment HedgesCash
Flow
Hedges		Defined
Benefit
Plans		Less: AOCIL
attributable to
NCI		AOCIL
attributable
to GXO
As of December 31, 2024$(195)$31 $4 $(155)$2 $(313)
Other comprehensive income (loss) before reclassifications347 (252)(2)(15)(1)77 
Amounts reclassified to net loss— — — 4 — 4 
Tax amounts(2)58 — 2 — 58 
Other comprehensive income (loss), net of tax345 (194)(2)(9)(1)139 
As of September 30, 2025$150 $(163)$2 $(164)$1 $(174)