RXO Q1 revenue rises to $1.4 billion as net loss widens to $31 million
RXO reported first-quarter 2025 revenue of $1.4 billion, up from $913 million a year earlier, and adjusted EBITDA of $22 million, up from $15 million. GAAP net loss widened to $31 million from $15 million, including $20 million of transaction, integration, restructuring and other costs. The company also said Coyote coverage operations have moved onto its RXO Connect platform and raised its cash synergy estimate to more than $70 million.
Key points
- Revenue was $1.433 billion versus $913 million in Q1 2024; gross margin was 16.0% versus 17.4%.
- GAAP diluted loss per share was $0.18 versus $0.13; adjusted diluted loss per share was $0.03 in both periods.
- Second-quarter 2025 outlook: adjusted EBITDA of $30 million to $40 million and Brokerage gross margin of 13% to 15%.
- Cash synergy estimate raised to greater than $70 million, excluding cost-of-purchased-transportation opportunities.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.