Oct 29, 7:33 AM ET
RXO reported third-quarter 2026 revenue of $1.9 billion, up from $1.4 billion a year earlier, and GAAP net income of $3 million, compared with a net loss of $14 million in the third quarter of 2025. The company said profit exceeded the high end of its third-quarter outlook, though gross margin fell to 14.6% from 16.5%, and it is being acquired by C.H. Robinson, with closing expected in the first half of 2027.
- Revenue was $1.9 billion versus $1.4 billion in Q3 2025; GAAP diluted EPS was $0.02 and adjusted diluted EPS was $0.09.
- Gross margin was 14.6%, compared with 16.5% in Q3 2025; adjusted EBITDA was $51 million versus $32 million.
- Truckload spot mix was 51% of brokerage volume, up from 29% a year earlier.
- C.H. Robinson agreed on October 5, 2026 to acquire RXO for an implied value of $5.8 billion; RXO will not hold an earnings call.
Read the filing on SEC.gov ↗
Oct 5, 8:17 AM ET
RXO entered into a merger agreement under which C.H. Robinson Worldwide will acquire RXO, with RXO becoming a wholly owned subsidiary. RXO stockholders can elect cash, stock or a standard mix, with an implied total consideration of $30.25 per share, and the deal is expected to close in the first half of 2027 subject to stockholder and regulatory approvals.
- Implied total consideration of $30.25 per RXO share, based on C.H. Robinson's 16-day VWAP of $151.88 as of October 2, 2026, and a 29% premium to RXO's October 2, 2026 closing price.
- Standard consideration is $17.25 in cash plus 0.0856 C.H. Robinson shares; all-cash option is $30.25; all-stock option is 0.1992 shares; overall mix is about 57% cash and 43% stock.
- RXO must pay a $175 million termination fee in certain circumstances; outside date is July 4, 2027, extendable twice by three months.
- MFN Partners LP, which holds about 17% of RXO, agreed to vote in favor of the transaction.
Read the filing on SEC.gov ↗
Aug 6, 6:31 AM ET
RXO reported second-quarter 2026 revenue of $1.8 billion, up from $1.4 billion a year earlier, and adjusted EBITDA of $40 million, up from $38 million. The GAAP net loss was $9 million, unchanged from the prior-year quarter, and gross margin fell to 13.9% from 17.8%. The company expects third-quarter 2026 adjusted EBITDA of $35 million to $45 million.
- Revenue was $1,774 million, up from $1,419 million in Q2 2025.
- GAAP net loss was $9 million in both quarters; adjusted EBITDA was $40 million versus $38 million.
- Gross margin was 13.9% versus 17.8% a year earlier; Brokerage gross margin was 10.7%.
- Third-quarter 2026 adjusted EBITDA is expected to be between $35 million and $45 million.
Read the filing on SEC.gov ↗
May 7, 6:31 AM ET
RXO reported first-quarter 2026 revenue of $1.4 billion, flat from a year earlier, but its GAAP net loss widened to $36 million from $31 million and adjusted EBITDA fell to $6 million from $22 million. The company expects second-quarter adjusted EBITDA of $27 million to $37 million, and it raised its full-year contract rate forecast to a high-single-digit percentage increase.
- Q1 2026 revenue was $1.4 billion versus $1.4 billion in Q1 2025; gross margin was 14.2% versus 16.0%.
- GAAP diluted loss per share was $0.21; adjusted diluted loss per share was $0.09, versus $0.03 a year earlier.
- Brokerage full truckload volume fell 12% in Q1 but improved every month of the quarter; truckload spot mix rose to 33% of volume.
- Q2 2026 adjusted EBITDA is expected at $27 million to $37 million; Brokerage volume is expected to be approximately flat year over year.
Read the filing on SEC.gov ↗
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