The financials
RXO, Inc. by the numbers
RXO, Inc. (RXO) reported revenue of $1.77B in Q2 2026 (quarter ended June 30, 2026), up 25% from the same quarter a year earlier. That came with a gross margin of 17% and net loss of $9.0M. For the full year FY2025, revenue was $5.74B (+26% year on year) and net income −$100M. Its largest product in 2026-Q1 was Truck Brokerage at $1.10B, 74% of the disclosed total, just ahead of Last Mile at 18%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.77B | $1.42B | +25% |
| Gross profit | $302M | $301M | +0.3% |
| Operating income | $1.0M | $0 | n/a |
| Net income | −$9.0M | −$9.0M | n/a |
| Diluted EPS | −$0.05 | −$0.05 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Truck Brokerage | $1.10B | 74% |
| Last Mile | $265M | 18% |
| Managed Transportation | $123M | 8.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.43B (+0.28%)
Truck Brokerage grew +2.8% year on yearManaged Transportation -10% year on year
Segment Latestquarter on quarteryear on year
- Truck Brokerage$1.10B$1.10BQoQ +5.6%year on year +2.8%+5.6%+2.8%
- Last Mile$265.0M$265.0MQoQ -13%year on year -4.7%-13%-4.7%
- Managed Transportation$123.0M$123.0MQoQ -10%year on year -10%-10%-10%
- Product And Service Eliminations−$60.0M−$60.0MQoQ -year on year ---