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RXO RXO Last mile — Revenue

Other product segments

Truck brokerage
$1.35B+31.6%
Managed transportation
$144M+1.4%
Eliminations
-$63M0.0%

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Other financials

Income statement

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Revenue$1.8B+25.0%
Gross profit$302.0M+0.3%
Operating income$1.0M
Net income-$9.0M0.0%
EPS (diluted)-$0.050.0%

Balance sheet

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Cash & equivalents$16.0M-15.8%
Total debt$764.0M+9.9%
Total equity$1.5B-5.2%
Total assets$3.5B+8.1%

Cash flow

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Operating cash flow-$40.0M-274%
CapEx$12.0M-14.3%
Free cash flow-$52.0M

Valuation

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Market cap$3.34B+31.9%
Enterprise value$4.09B+27.4%
P/S0.6×+0.1×

Profitability

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Gross margin18.2%-2.0pp
Operating margin-1.2%-0.1pp
Net margin-1.7%-0.7pp
FCF margin-1.2%

Returns & leverage

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Return on equity-6.8%-2.9pp
Debt / equity0.5×+0.1×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by RXO in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: RXO’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001929561-26-000036
(In millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Truck brokerage$1,349$1,025$2,446$2,092
Last mile344315609593
Managed transportation144142267279
Eliminations(63)(63)(123)(112)
Total$1,774$1,419$3,199$2,852

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is RXO's last mile — revenue?
RXO (RXO) reported last mile — revenue of $344M in Q2 2026.
How has RXO's last mile — revenue changed year-over-year?
RXO's last mile — revenue increased by 9.2% year-over-year, from $315M to $344M.
What is the long-term trend for RXO's last mile — revenue?
Over 3 years (2022 to 2025), RXO's last mile — revenue has grown at a 4.1% compound annual growth rate (CAGR), from $1.06B to $1.2B.
What does last mile — revenue mean?
This metric represents the total gross revenue generated from last-mile delivery services, which involve the final stage of the logistics process where goods are transported to the end consumer or business location. It reflects the company's ability to capture market share in specialized, high-touch delivery segments such as heavy-goods or white-glove services. Monitoring this revenue stream provides insight into the scale and growth trajectory of the company's asset-light logistics offerings beyond core truck brokerage.

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