RXO, Inc.
For the period ended Jun 30, 2025. Filed Aug 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.
Jun 30, 2025 · Filed Aug 7, 2025
RXO$27.92+1.2%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| (Dollars in millions, shares in thousands, except per share amounts) | 2025 | 2024 | 2025 | 2024 |
| Revenue | $1,419 | $930 | $2,852 | $1,843 |
| Cost of transportation and services (exclusive of depreciation and amortization) | 1,118 | 700 | 2,271 | 1,399 |
| Direct operating expense (exclusive of depreciation and amortization) | 47 | 50 | 95 | 103 |
| Sales, general and administrative expense | 214 | 154 | 424 | 299 |
| Depreciation and amortization expense | 30 | 17 | 62 | 33 |
| Transaction and integration costs | 7 | 7 | 13 | 8 |
| Restructuring costs | 3 | 2 | 17 | 13 |
| Operating income (loss) | $— | $— | $(30) | $(12) |
| Other expense | 2 | — | 2 | 1 |
| Interest expense, net | 8 | 8 | 17 | 16 |
| Loss before income taxes | $(10) | $(8) | $(49) | $(29) |
| Income tax benefit | (1) | (1) | (9) | (7) |
| Net loss | $(9) | $(7) | $(40) | $(22) |
| Loss per share | ||||
| Basic | $(0.05) | $(0.06) | $(0.24) | $(0.19) |
| Diluted | $(0.05) | $(0.06) | $(0.24) | $(0.19) |
| Weighted-average common shares outstanding | ||||
| Basic | 168,525 | 117,579 | 168,275 | 117,398 |
| Diluted | 168,525 | 117,579 | 168,275 | 117,398 |
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