RXOMEDIUM SIGNALFINANCIAL10-K

RXO achieved strong operational turnaround with operating cash flow swinging from -$12M to +$51M and revenue growing 26% to $5.7B, though operating losses persisted and cash position weakened significantly.

The dramatic improvement in cash generation alongside substantial revenue growth suggests RXO's business model is gaining traction and operational efficiency is improving. However, the widening operating loss and 51% decline in cash reserves indicate the company is still working through profitability challenges while investing heavily in growth.

Comparing 2026-02-09 vs 2025-02-27View on EDGAR →
FINANCIAL ANALYSIS

RXO demonstrated strong top-line momentum with 26% revenue growth to $5.7B and a remarkable operational cash flow turnaround from negative $12M to positive $51M. However, profitability remains elusive with operating losses widening 41% to -$79M despite the overall net loss improving, while the company's cash position deteriorated significantly by 51% to just $17M and debt increased 10%. The financial picture suggests a growing business that's achieving better working capital management but still struggling with operational efficiency and maintaining adequate liquidity buffers.

FINANCIAL STATEMENT CHANGES
Operating Cash Flow
Cash Flow
+525%
-$12.0M→$51.0M

Operating cash flow surged 525% — exceptional cash generation, highest quality earnings signal.

Net Income
P&L
+65.5%
-$290.0M→-$100.0M

Net income grew 65.5% — bottom-line growth signals improving overall business health.

Cash & Equivalents
Balance Sheet
-51.4%
$35.0M→$17.0M

Cash declined 51.4% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Operating Income
P&L
-41.1%
-$56.0M→-$79.0M

Operating income deteriorated sharply — investigate whether driven by one-time charges or structural cost issues.

Capital Expenditure
Cash Flow
+31.1%
$45.0M→$59.0M

Capital expenditure jumped 31.1% — major investment cycle underway; assess returns on deployment.

Revenue
P&L
+26.2%
$4.5B→$5.7B

Revenue growing 26.2% — solid top-line momentum, watch margins for quality of growth.

SG&A Expense
P&L
+24.9%
$666.0M→$832.0M

SG&A increased modestly — likely reflects growth-related hiring or sales expansion investment.

Total Debt
Balance Sheet
+10.3%
$351.0M→$387.0M

Debt rose 10.3% — additional borrowing for investment or operations; monitor coverage ratios.

LANGUAGE CHANGES
NEW — 2026-02-09
PRIOR — 2025-02-27
ADDED
As of February 5, 2026, there were 164,193,961 shares of the registrant s common stock, par value $0.01 per share, outstanding.
Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 24 Item 6.
Management's Discussion and Analysis of Financial Condition and Results of Operations 26 Item 7A.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 70 Item 9A.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 71 Item 13.
+7 more — sign up free →
REMOVED
As of February 24, 2025, there were 163,327,709 shares of the registrant s common stock, par value $0.01 per share, outstanding.
We also offer freight forwarding services, including facilitation of ocean and air transportation, customs brokerage and additional domestic services.
The Separation On November 1, 2022, the Company completed its separation from XPO, Inc.
(formerly known as XPO Logistics, Inc.) ( XPO ) (the Spin-off or the Separation ) and the Company's common stock began regular-way trading on the New York Stock Exchange under the ticker symbol RXO.
RXO is a Delaware corporation, which was originally formed in May 2022.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
PNRGHIGHPNRG achieved exceptional profitability improvement with net income surging 2,21...
2026-04-16
BNAIHIGHBNAI underwent a dramatic reverse stock split that reduced share count by 86% wh...
2026-04-16
LAKEHIGHLAKE's financial performance deteriorated significantly with operating losses wo...
2026-04-16
NXXTHIGHNextNRG experienced massive financial deterioration with operating losses explod...
2026-04-16
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →