RXO, Inc.

For the period ended Sep 30, 2025. Filed Nov 6, 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.

Sep 30, 2025 · Filed Nov 6, 2025

RXO$27.92+1.2%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

	September 30,	December 31,
(Dollars in millions, shares in thousands, except per share amounts)	2025	2024
ASSETS
Current assets
Cash and cash equivalents	$25	$35
Accounts receivable, net of $15 and $13 in allowances, respectively	1,104	1,227
Other current assets	72	77
Total current assets	1,201	1,339
Long-term assets
Property and equipment, net of $365 and $317 in accumulated depreciation, respectively	137	135
Operating lease assets	254	276
Goodwill	1,123	1,123
Identifiable intangible assets, net of $153 and $146 in accumulated amortization, respectively	463	499
Other long-term assets	23	42
Total long-term assets	2,000	2,075
Total assets	$3,201	$3,414
LIABILITIES AND EQUITY
Current liabilities
Accounts payable	$481	$568
Accrued expenses	321	373
Short-term debt and current maturities of long-term debt	16	17
Short-term operating lease liabilities	77	81
Other current liabilities	12	26
Total current liabilities	907	1,065
Long-term liabilities
Long-term debt and obligations under finance leases	387	351
Deferred tax liabilities	54	88
Long-term operating lease liabilities	202	215
Other long-term liabilities	71	83
Total long-term liabilities	714	737
Commitments and Contingencies (Note 11)
Equity
Preferred stock, $0.01 par value; 10,000 shares authorized; 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024	—	—
Common stock, $0.01 par value; 300,000 shares authorized; 164,103 and 162,517 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	2	2
Additional paid-in capital	1,922	1,904
Accumulated deficit	(338)	(284)
Accumulated other comprehensive loss	(6)	(10)
Total equity	1,580	1,612
Total liabilities and equity	$3,201	$3,414

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.