RXO · RXO, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. RXO beat Q2 with adjusted EBITDA of $40M (exceeding the high end of guidance) on brokerage outperformance and 11% sequential truckload gross profit per load growth, guided Q3 to $35-45M with continued brokerage momentum but last mile weakness, and faced extensive investor scrutiny over insurance renewal and litigation overhang risk.
- + Q2 adjusted EBITDA of $40M exceeded the high end of guidance range driven by brokerage and last mile.
- + Truckload volume grew 2% YoY, outperforming the market by 500 bps.
- + Achieved 11% sequential increase in truckload gross profit per load, the highest growth rate in four years, driven by spot mix rising to 42% (+900 bps QoQ).
- + July momentum continued with spot mix at 50%, revenue per load up >25% YoY ex-fuel, and truckload gross profit per load up ~40% since January.
- − Q3 guidance includes an incremental $3-5M sequential headwind in last mile from weaker demand and higher carrier costs.
- − Last mile expected to decline more than typical seasonality in Q3.
- − Q2 GAAP net loss of $9M, including $13M in transaction, integration, restructuring and other costs.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted diluted earnings per share non-GAAP | $0.06 | Q2 2026 | — |
| Adjusted EBITDA non-GAAP | $40M | Q2 2026 | — |
| Adjusted EBITDA margin non-GAAP | 2.3% | Q2 2026 | — |
| Adjusted net income non-GAAP | $10M | Q2 2026 | — |
| Available liquidity | $350M | Q2 2026 | — |
| Brokerage gross margin | 10.7% | Q2 2026 | — |
| Brokerage TL volume growth (y/y) | 2% | Q2 2026 | — |
| Brokerage volume growth | 2% | Q2 2026 | — |
| Complementary services gross margin | 21.1% | Q2 2026 | — |
| Free cash flow conversion from adjusted EBITDA non-GAAP | -130% | Q2 2026 | — |
| Freight under management awarded (Managed Transportation) | $100M | Q2 2026 | — |
| Last Mile stops growth | 3% | Q2 2026 | — |
| Less-than-truckload volume growth | 3% | Q2 2026 | — |
| Net debt non-GAAP | $491M | Q2 2026 | — |
| TL revenue per load growth (y/y) | 19% | Q2 2026 | — |
| Truckload spot mix | 42% | Q2 2026 | — |
| Truckload spot mix year-over-year change | 1,500 | Q2 2026 | — |
| Truckload volume growth | 2% | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Trucking — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RXO
this stock
RXO, Inc.
|
$3.26B | +61.9% | +26.2% | — | 9.0% |
|
ODFL
Old Dominion Freight Line, Inc.
|
$35.93B | +10.9% | -5.5% | 33.3 | 4.0% |
|
XPO
XPO, Inc.
|
$20.35B | +29.5% | +0.3% | 51.4 | 5.4% |
|
KNX
Knight-Swift Transportation Holdings Inc.
|
$10.35B | +21.6% | +0.8% | 303.2 | 8.0% |
|
TFII
TFI International Inc.
|
$9.95B | +16.0% | — | — | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RXO | +2.9% | +1.7% | +27.8% | -3.7% | +61.9% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | +3.6% | +1.6% | +15.6% | -3.1% | +50.0% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.