RXO revenue rises to $1.4 billion; GAAP net loss widens to $9 million
RXO reported second-quarter 2025 revenue of $1.4 billion, up from $930 million a year earlier, and adjusted EBITDA of $38 million, up from $28 million. The company still posted a GAAP net loss of $9 million, compared with a $7 million loss in the second quarter of 2024, and gross margin fell to 17.8% from 19.0%. The company expects third-quarter 2025 adjusted EBITDA of $33 million to $43 million.
Key points
- Revenue was $1.4 billion versus $930 million in Q2 2024; truck brokerage revenue was $1,025 million versus $543 million.
- GAAP net loss was $9 million, or $0.05 per diluted share, versus a net loss of $7 million in Q2 2024; the GAAP loss included $10 million in transaction, integration, restructuring and other costs.
- Adjusted EBITDA was $38 million, or 2.7% of revenue, versus $28 million, or 3.0%, in Q2 2024; adjusted diluted EPS was $0.04 versus $0.03.
- Third-quarter 2025 outlook calls for adjusted EBITDA of $33 million to $43 million and Brokerage gross margin of 13.5% to 15.0%.
The filing
Written by AI on Nov 8, 2026, 1:00 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 August 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.