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Side-by-side financial comparison of GXO Logistics, Inc. (GXO) and Prologis (PLD). Click either name above to swap in a different company.
GXO Logistics, Inc. is the larger business by last-quarter revenue ($3.3B vs $2.3B, roughly 1.5× Prologis). Prologis runs the higher net margin — 62.1% vs 0.2%, a 62.0% gap on every dollar of revenue. On growth, GXO Logistics, Inc. posted the faster year-over-year revenue change (10.8% vs 2.4%). Over the past eight quarters, GXO Logistics, Inc.'s revenue compounded faster (7.6% CAGR vs 7.3%).
GXO Logistics, Inc. is an American global contract logistics company that manages outsourced supply chains and warehousing, and reverse logistics for blue-chip customers in over thirty countries. GXO's corporate headquarters are located in Greenwich, Connecticut, U.S. Its customers include Apple, Nike Inc., Boeing Co., Verizon, Whirlpool, Inditex SA, and Nestle SA.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.
GXO vs PLD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.3B | $2.3B |
| Net Profit | $5.0M | $1.4B |
| Gross Margin | — | — |
| Operating Margin | — | 72.2% |
| Net Margin | 0.2% | 62.1% |
| Revenue YoY | 10.8% | 2.4% |
| Net Profit YoY | — | 9.5% |
| EPS (diluted) | $0.03 | $1.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.5B | $2.3B | ||
| Q3 25 | $3.4B | $2.2B | ||
| Q2 25 | $3.3B | $2.2B | ||
| Q1 25 | $3.0B | $2.1B | ||
| Q4 24 | $3.3B | $2.2B | ||
| Q3 24 | $3.2B | $2.0B | ||
| Q2 24 | $2.8B | $2.0B |
| Q1 26 | $5.0M | — | ||
| Q4 25 | $43.0M | $1.4B | ||
| Q3 25 | $59.0M | $764.3M | ||
| Q2 25 | $26.0M | $571.2M | ||
| Q1 25 | $-96.0M | $593.0M | ||
| Q4 24 | $100.0M | $1.3B | ||
| Q3 24 | $33.0M | $1.0B | ||
| Q2 24 | $38.0M | $861.3M |
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 72.2% | ||
| Q3 25 | 3.5% | 42.5% | ||
| Q2 25 | 2.7% | 41.8% | ||
| Q1 25 | -1.9% | 41.1% | ||
| Q4 24 | 3.1% | 64.6% | ||
| Q3 24 | 2.6% | 61.4% | ||
| Q2 24 | 2.6% | 51.0% |
| Q1 26 | 0.2% | — | ||
| Q4 25 | 1.2% | 62.1% | ||
| Q3 25 | 1.7% | 34.5% | ||
| Q2 25 | 0.8% | 26.2% | ||
| Q1 25 | -3.2% | 27.7% | ||
| Q4 24 | 3.1% | 58.1% | ||
| Q3 24 | 1.0% | 49.4% | ||
| Q2 24 | 1.3% | 42.9% |
| Q1 26 | $0.03 | — | ||
| Q4 25 | $0.35 | $1.50 | ||
| Q3 25 | $0.51 | $0.82 | ||
| Q2 25 | $0.23 | $0.61 | ||
| Q1 25 | $-0.81 | $0.63 | ||
| Q4 24 | $0.83 | $1.38 | ||
| Q3 24 | $0.28 | $1.08 | ||
| Q2 24 | $0.32 | $0.92 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $794.0M | $1.1B |
| Total DebtLower is stronger | $2.6B | $35.0B |
| Stockholders' EquityBook value | $3.0B | $53.2B |
| Total Assets | $12.2B | $98.7B |
| Debt / EquityLower = less leverage | 0.88× | 0.66× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $794.0M | — | ||
| Q4 25 | $854.0M | $1.1B | ||
| Q3 25 | $339.0M | $1.2B | ||
| Q2 25 | $205.0M | $1.1B | ||
| Q1 25 | $288.0M | $671.1M | ||
| Q4 24 | $413.0M | $1.3B | ||
| Q3 24 | $548.0M | $780.9M | ||
| Q2 24 | $469.0M | $598.3M |
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $35.0B | ||
| Q3 25 | $2.2B | $35.3B | ||
| Q2 25 | $2.6B | $34.7B | ||
| Q1 25 | $2.5B | $32.3B | ||
| Q4 24 | $2.5B | $30.9B | ||
| Q3 24 | $2.6B | $32.3B | ||
| Q2 24 | $2.6B | $29.9B |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $53.2B | ||
| Q3 25 | $3.0B | $52.6B | ||
| Q2 25 | $2.9B | $52.7B | ||
| Q1 25 | $2.9B | $53.5B | ||
| Q4 24 | $3.0B | $54.0B | ||
| Q3 24 | $3.1B | $53.1B | ||
| Q2 24 | $2.9B | $53.3B |
| Q1 26 | $12.2B | — | ||
| Q4 25 | $12.3B | $98.7B | ||
| Q3 25 | $11.9B | $98.3B | ||
| Q2 25 | $11.9B | $97.7B | ||
| Q1 25 | $11.3B | $96.0B | ||
| Q4 24 | $11.3B | $95.3B | ||
| Q3 24 | $11.9B | $95.9B | ||
| Q2 24 | $11.4B | $93.5B |
| Q1 26 | 0.88× | — | ||
| Q4 25 | 0.88× | 0.66× | ||
| Q3 25 | 0.74× | 0.67× | ||
| Q2 25 | 0.88× | 0.66× | ||
| Q1 25 | 0.89× | 0.60× | ||
| Q4 24 | 0.84× | 0.57× | ||
| Q3 24 | 0.82× | 0.61× | ||
| Q2 24 | 0.88× | 0.56× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $31.0M | $1.2B |
| Free Cash FlowOCF − Capex | $-31.0M | — |
| FCF MarginFCF / Revenue | -0.9% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | 6.20× | 0.83× |
| TTM Free Cash FlowTrailing 4 quarters | $128.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $31.0M | — | ||
| Q4 25 | $170.0M | $1.2B | ||
| Q3 25 | $232.0M | $1.4B | ||
| Q2 25 | $3.0M | $1.2B | ||
| Q1 25 | $29.0M | $1.2B | ||
| Q4 24 | $186.0M | $1.3B | ||
| Q3 24 | $198.0M | $1.4B | ||
| Q2 24 | $115.0M | $1.1B |
| Q1 26 | $-31.0M | — | ||
| Q4 25 | $115.0M | — | ||
| Q3 25 | $88.0M | — | ||
| Q2 25 | $-44.0M | — | ||
| Q1 25 | $-49.0M | — | ||
| Q4 24 | $82.0M | — | ||
| Q3 24 | $104.0M | — | ||
| Q2 24 | $27.0M | — |
| Q1 26 | -0.9% | — | ||
| Q4 25 | 3.3% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | -1.3% | — | ||
| Q1 25 | -1.6% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 0.9% | — |
| Q1 26 | 2.0% | — | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 4.2% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 3.1% | — |
| Q1 26 | 6.20× | — | ||
| Q4 25 | 3.95× | 0.83× | ||
| Q3 25 | 3.93× | 1.89× | ||
| Q2 25 | 0.12× | 2.17× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | 1.86× | 1.04× | ||
| Q3 24 | 6.00× | 1.43× | ||
| Q2 24 | 3.03× | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GXO
Segment breakdown not available.
PLD
| Real Estate Operations Segment | $2.0B | 88% |
| Unconsolidated Co Investment Ventures | $131.7M | 6% |
| Other | $82.6M | 4% |
| Strategic Capital Segment | $49.9M | 2% |
