RXO Delivers Strong Third-Quarter Results with Profitable Growth and Continued Market Share Gains
RXO reported Q3 revenue of $1.9 billion, up from $1.4 billion a year ago, with adjusted EBITDA of $51 million versus $32 million and a swing from a $14 million net loss to $3 million of GAAP net income. Brokerage led the beat: truckload volume grew 3% year over year, spot mix hit 51%, and gross profit per load posted its best sequential improvement in more than four years. The headline event is the definitive agreement for C.H. Robinson to acquire RXO in a stock-and-cash deal with an implied value of $5.8 billion, expected to close in the first half of 2027 pending regulatory and shareholder approval.
Key figures
- Eps
- 0.02
- Revenue
- 1871000000
- Revenue Yoy
- 31.7%
- Deal Value Usd
- 5800000000
- Gross margin
- 14.6%
- Expected close
- first half of 2027
- Adjusted ebitda
- 51000000
- Truckload spot mix
- 51%
- Adjusted net income
- 16000000
- Adjusted diluted eps
- 0.09
- Adjusted ebitda margin
- 2.7%
- Last mile stops growth yoy
- 5%
- Truckload volume growth yoy
- 3%
- Freight under management awarded
- 140000000
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.