RXO, Inc. ( (RXO) ) has released its Q3 earnings. Here is a breakdown of the information RXO, Inc. presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
RXO, Inc. is a prominent provider of asset-light transportation solutions, specializing in tech-enabled truck brokerage services and complementary offerings such as managed transportation and last mile delivery, operating across North America with a focus on leveraging technology for efficient freight movement.
In its latest earnings report, RXO, Inc. announced a revenue increase to $1.4 billion for the third quarter of 2025, up from $1.0 billion in the same quarter of the previous year. Despite a challenging market environment, the company reported a reduced net loss of $14 million compared to $243 million in the third quarter of 2024.
Key highlights from the report include a 1% growth in brokerage volume, driven by a significant 43% increase in less-than-truckload volume, and a 12% year-over-year growth in Last Mile stops. However, the full-truckload market faced tightening conditions, impacting brokerage gross margins. RXO also announced new cost-saving initiatives expected to yield over $30 million in savings.
The company’s adjusted EBITDA was $32 million, slightly down from $33 million in the previous year, with an adjusted EBITDA margin of 2.3%. RXO’s strategic focus on technology and scale positions it well to navigate market challenges, with expectations of continued market tightness affecting the fourth quarter.
Looking ahead, RXO anticipates a fourth-quarter adjusted EBITDA between $20 million and $30 million, with a slight decline in overall brokerage volume. The company remains committed to leveraging its technology and strategic initiatives to drive long-term growth and profitability.