RXO, Inc. income statement
In fiscal 2025, RXO, Inc. reported revenue of $5.74bn, up 26.2% on the year before, operating income of −$79.0m (a -1.4% margin) and net income of −$100m, or −$0.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,357 | 4,689 | 4,796 | 3,927 | 4,550 | 5,742 | 6,539 |
| Selling, general and administrative | 455 | 539 | 640 | 591 | 666 | 832 | 831 |
| Operating income | 60 | 192 | 123 | 39 | −56 | −79 | −52 |
| Income before tax | 57 | 191 | 119 | 4 | −304 | −115 | −102 |
| Income tax | 14 | 41 | 27 | 0 | −14 | −15 | −14 |
| Net income | 43 | 150 | 92 | 4 | −290 | −100 | −88 |
| Diluted EPS | $0.37 | $1.30 | $0.79 | $0.03 | −$2.17 | −$0.59 | −$0.52 |
| Diluted shares (average) | 115m | 115m | 116m | 119m | 133m | 168m | 170m |
| EBITDA | 136 | 273 | 209 | 106 | 31 | 37 | 56 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,667 | 1,433 | 1,419 | 1,421 | 1,469 | 1,425 | 1,774 | 1,871 |
| Selling, general and administrative | 218 | 210 | 214 | 208 | 200 | 197 | 211 | 223 |
| Operating income | −24 | −30 | 0 | −7 | −42 | −28 | 1 | 17 |
| Income before tax | −33 | −39 | −10 | −15 | −51 | −49 | −8 | 6 |
| Income tax | −8 | −8 | −1 | −1 | −5 | −13 | 1 | 3 |
| Net income | −25 | −31 | −9 | −14 | −46 | −36 | −9 | 3 |
| Diluted EPS | −$0.02 | −$0.18 | −$0.05 | −$0.08 | −$0.27 | −$0.21 | −$0.05 | $0.02 |
| EBITDA | 9 | 2 | 30 | 19 | −14 | −2 | 27 | 45 |
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