RXO — Third Quarter 2026 Earnings Summary

RXO reported third-quarter 2026 revenue of $1.9 billion and GAAP net income of $3 million, exceeding its profit outlook primarily due to strong Brokerage performance. The Brokerage segment saw a 3% year-over-year increase in truckload volume, with gross profit per load rising 31% sequentially driven by a 51% spot mix. Complementary Services contributed to the results, including a 5% growth in Last Mile stops and $140 million in new Managed Transportation awards. Additionally, RXO confirmed a definitive agreement to be acquired by C.H. Robinson in a stock-and-cash transaction valued at $5.8 billion, with closing expected in the first half of 2027.