$RXO

After the July jobs report showed a 23,000 job loss versus an 80,000 gain forecast, the unemployment rate stayed at 4.1% (U.S. Bureau of Labor Statistics). Investors increased expectations for a Fed rate cut, lifting growth and rate-sensitive stocks. RXO, BrightView, SiteOne, ServiceNow, and Rocket Lab rose, with Rocket Lab up 9.2% and noting a $266 million U.S. Space Force launch contract.

RXO (NYSE:RXO) reported Q2 spot freight rising to 42% of truckload volume, up 900 bps sequentially and 1,500 bps YoY. Truckload gross profit per load rose 11% sequentially, while brokerage margin fell 70 bps to 10.7% on higher fuel. Complementary services revenue rose 7% to $488M. Q3 adjusted EBITDA guidance is $35M to $45M; adjusted free cash flow was -$42M in Q2.

Analysts issued updates on industrial stocks RXO, Inc. and Redwire. BMO’s Fadi Chamoun kept a Buy on RXO with a $35.00 target versus a $21.54 close; Citizens JMP upgraded RXO to Buy with a $30.00 target. Truist’s Alexandra Mandery maintained a Buy on Redwire, with Cantor Fitzgerald also Buy, targets $17.08 consensus and $13.50.

RXO reported mixed results for Q2 2026. GAAP net income per share was a 5-cent loss, versus a 21-cent loss in Q1, and adjusted EBITDA rose to $40 million from $38 million a year ago but fell in margin to 2.3%. RXO cited improved truckload spot mix and projected Q3 adjusted EBITDA of $35 to $45 million.

RXO CFO Jamie Harris said the company’s carrier vetting standards are strict, excluding FMCSA carriers with conditional ratings and requiring FMCSA active authority for at least 90 days. RXO’s annual insurance spend is $15m to $20m. RXO also described a proprietary AI system using FMCSA identity checks and ELD tracking. Truckload brokerage revenue rose 19% YoY; stock fell 3.9% to $20.18.

RXO, Inc. reported Q2 results for the quarter and six months ended June 30, 2026, stating that adjusted earnings and revenue rose, according to the company’s earnings release. The article does not provide specific figures, but it frames the update as an earnings and revenue improvement for investors.

RXO (NYSE:RXO) reported Q2 2026 adjusted EPS of $0.06, above $0.04 expected, and revenue of $1.77B, up 25% year over year. Truck brokerage revenue rose as spot freight mix increased to 42% of truckload volume, reaching 50% by July. Gross margin fell to 13.9% while adjusted EBITDA rose to $40M. Shares were up premarket then traded near $19.60.

RXO (NYSE:RXO) reported Q2 CY2026 revenue of $1.77 billion, up 25% year on year, beating Wall Street estimates by 7.9%, and non-GAAP EPS of $0.06, $0.02 above consensus. The article also cites breakeven operating margin of 0.1% and Q2 cash burn of $52 million. Shares rose 6.4% to $22.34 after results.

RXO, Inc. (RXO) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 rxo2026q2pressrelease.htm EX-99.1 Document Exhibit 99.1 Market Share Gains and Improved Profitability Drive Strong Second-Quarter Results for RXO • Full truckload volume improved every month and grew by 2% year over year in the second quarter, outperforming the market.

RXO (NYSE: RXO) will report Q2 earnings Thursday before the bell. The company last quarter posted revenue of $1.43B, flat year over year, with EBITDA guidance for next quarter above analysts’ expectations and EPS in line. Analysts expect Q2 revenue growth of 15.8% y/y. RXO has an average price target of $24.88 vs $22.06.