RXO, Inc.
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
RXO$27.93+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months Ended March 31, | ||
|---|---|---|
| (Dollars in millions, shares in thousands, except per share amounts) | 2025 | 2024 |
| Revenue | $1,433 | $913 |
| Cost of transportation and services (exclusive of depreciation and amortization) | 1,153 | 699 |
| Direct operating expense (exclusive of depreciation and amortization) | 48 | 53 |
| Sales, general and administrative expense | 210 | 145 |
| Depreciation and amortization expense | 32 | 16 |
| Transaction and integration costs | 6 | 1 |
| Restructuring costs | 14 | 11 |
| Operating loss | $(30) | $(12) |
| Other expense | — | 1 |
| Interest expense, net | 9 | 8 |
| Loss before income taxes | $(39) | $(21) |
| Income tax benefit | (8) | (6) |
| Net loss | $(31) | $(15) |
| Loss per share data | ||
| Basic | $(0.18) | $(0.13) |
| Diluted | $(0.18) | $(0.13) |
| Weighted-average common shares outstanding | ||
| Basic | 168,023 | 117,217 |
| Diluted | 168,023 | 117,217 |
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