RXO on NYSE
RXO, Inc.
American transportation services company based in Charlotte, active since 20222
In its 2026 annual report the company says: “RXO, Inc. is a brokered transportation platform defined by cutting-edge technology and an asset-light business model. Our truck brokerage business has a history of generating robust free cash flow conversion and a high return on invested capital. We provide our customers with highly efficient access to capacity through our digital brokerage technology.”5
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Last updated Oct 21, 2026.
Overview
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- TickerRXO on NYSE2
- IndustryTransportation Services2
- HeadquartersCharlotte, United States2
- Incorporated inDE3
- Business address11215 North Community House Road, Charlotte, Nc 282773
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI549300KL8CA6GP8XPM302
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 67802592
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RXO, Inc. (“RXO”, the “Company” or “we”) is a brokered transportation platform defined by cutting-edge technology and an asset-light business model. The largest component is our core truck brokerage business. Our operations also include asset-light managed transportation and last mile services, which complement our truck brokerage business.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-1.4%Operating margin6
-1.7%Net margin6
26.2%Revenue growth, 20256
-6.5%Return on equity6
-$8.0MFree cash flow6
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Truck Brokerage brought in 71% of the revenue RXO, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Truck Brokerage | $2.4B | $3.0B | $4.2B |
| Last Mile | $1.0B | $1.1B | $1.2B |
| Managed Transportation | $690.0M | $600.0M | $549.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin14¢$832.0M
- Other costs85¢$4.9B
- Income tax0¢$15.0M
Out of $5.7B in revenue.6 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$59.0M
Out of $51.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $5.7B | $4.5B | $3.9B |
| Cost of transportation and services (exclusive of depreciation and amortization) | $4.6B | $3.6B | $3.0B |
| Direct operating expense (exclusive of depreciation and amortization) | $190.0M | $202.0M | $235.0M |
| Sales, general and administrative expense | $832.0M | $666.0M | $591.0M |
| Depreciation and amortization expense | $116.0M | $87.0M | $67.0M |
| Transaction and integration costs | $22.0M | $53.0M | $12.0M |
| Restructuring costs | $38.0M | $33.0M | $16.0M |
| Goodwill impairment | $12.0M | $0 | $0 |
| Operating income (loss) | -$79.0M | -$56.0M | $39.0M |
| Other expense | $1.0M | $218.0M | $3.0M |
| Interest expense, net | $35.0M | $30.0M | $32.0M |
| Income (loss) before income taxes | -$115.0M | -$304.0M | $4.0M |
| Income tax provision (benefit) | -$15.0M | -$14.0M | $0 |
| Net income (loss) | -$100.0M | -$290.0M | $4.0M |
| Earnings per share, basic (in dollars per share) | -$0.59 | -$2.17 | $0.03 |
| Diluted earnings per share (in dollars per share) | -$0.59 | -$2.17 | $0.03 |
| Number of shares outstanding, basic (in shares) | 168.5M shares | 133.4M shares | 116.9M shares |
| Number of shares outstanding, diluted (in shares) | 168.5M shares | 133.4M shares | 119.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $17.0M | $35.0M | ||
| Accounts receivable, net of $16 and $13 in allowances, respectively | $1.2B | $1.2B | ||
| Other current assets | $74.0M | $77.0M | ||
| Total current assets | $1.3B | $1.3B | ||
| Property and equipment, net of $381 and $317 in accumulated depreciation, respectively | $134.0M | $135.0M | ||
| Operating lease assets | $238.0M | $276.0M | ||
| Goodwill | $1.1B | $1.1B | $630.0M | |
| Identifiable intangible assets, net of $164 and $146 in accumulated amortization, respectively | $453.0M | $499.0M | ||
| Other long-term assets | $24.0M | $42.0M | ||
| Total long-term assets | $2.0B | $2.1B | ||
| Total assets | $3.3B | $3.4B | ||
| Accounts payable | $539.0M | $568.0M | ||
| Accrued expenses | $397.0M | $373.0M | ||
| Short-term debt and current maturities of long-term debt | $17.0M | $17.0M | ||
| Short-term operating lease liabilities | $75.0M | $81.0M | ||
| Other current liabilities | $10.0M | $26.0M | ||
| Total current liabilities | $1.0B | $1.1B | ||
| Long-term debt and obligations under finance leases | $387.0M | $351.0M | ||
| Deferred tax liabilities | $51.0M | $88.0M | ||
| Long-term operating lease liabilities | $191.0M | $215.0M | ||
| Other long-term liabilities | $69.0M | $83.0M | ||
| Total long-term liabilities | $698.0M | $737.0M | ||
| Preferred stock, $0.01 par value; 10,000 shares authorized; 0 shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | ||
| Common stock, $0.01 par value; 300,000 shares authorized; 164,160 and 162,517 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $2.0M | $2.0M | ||
| Additional paid-in capital | $1.9B | $1.9B | ||
| Accumulated deficit | -$384.0M | -$284.0M | ||
| Accumulated other comprehensive loss | -$6.0M | -$10.0M | ||
| Total equity | $1.5B | $1.6B | $594.0M | $587.0M |
| Total liabilities and equity | $3.3B | $3.4B | ||
| Accounts receivable, allowance | $16.0M | $13.0M | ||
| Accumulated depreciation | $381.0M | $317.0M | ||
| Finite-lived intangible assets, accumulated amortization | $164.0M | $146.0M | ||
| Preferred stock, par value (in dollars per share) | $0.01 | |||
| Preferred stock, shares authorized (in shares) | 10.0M shares | |||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | |||
| Common stock, shares authorized (in shares) | 300.0M shares | |||
| Common stock, shares, issued (in shares) | 164.2M shares | 162.5M shares | ||
| Common stock, shares, outstanding (in shares) | 164.2M shares | 162.5M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $17.0M | $35.0M | ||
| Accounts receivable, net of $16 and $13 in allowances, respectively | $1.2B | $1.2B | ||
| Other current assets | $74.0M | $77.0M | ||
| Total current assets | $1.3B | $1.3B | ||
| Property and equipment, net of $381 and $317 in accumulated depreciation, respectively | $134.0M | $135.0M | ||
| Operating lease assets | $238.0M | $276.0M | ||
| Goodwill | $1.1B | $1.1B | $630.0M | |
| Identifiable intangible assets, net of $164 and $146 in accumulated amortization, respectively | $453.0M | $499.0M | ||
| Other long-term assets | $24.0M | $42.0M | ||
| Total long-term assets | $2.0B | $2.1B | ||
| Total assets | $3.3B | $3.4B | ||
| Accounts payable | $539.0M | $568.0M | ||
| Accrued expenses | $397.0M | $373.0M | ||
| Short-term debt and current maturities of long-term debt | $17.0M | $17.0M | ||
| Short-term operating lease liabilities | $75.0M | $81.0M | ||
| Other current liabilities | $10.0M | $26.0M | ||
| Total current liabilities | $1.0B | $1.1B | ||
| Long-term debt and obligations under finance leases | $387.0M | $351.0M | ||
| Deferred tax liabilities | $51.0M | $88.0M | ||
| Long-term operating lease liabilities | $191.0M | $215.0M | ||
| Other long-term liabilities | $69.0M | $83.0M | ||
| Total long-term liabilities | $698.0M | $737.0M | ||
| Preferred stock, $0.01 par value; 10,000 shares authorized; 0 shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | ||
| Common stock, $0.01 par value; 300,000 shares authorized; 164,160 and 162,517 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $2.0M | $2.0M | ||
| Additional paid-in capital | $1.9B | $1.9B | ||
| Accumulated deficit | -$384.0M | -$284.0M | ||
| Accumulated other comprehensive loss | -$6.0M | -$10.0M | ||
| Total equity | $1.5B | $1.6B | $594.0M | $587.0M |
| Total liabilities and equity | $3.3B | $3.4B | ||
| Accounts receivable, allowance | $16.0M | $13.0M | ||
| Accumulated depreciation | $381.0M | $317.0M | ||
| Finite-lived intangible assets, accumulated amortization | $164.0M | $146.0M | ||
| Preferred stock, par value (in dollars per share) | $0.01 | |||
| Preferred stock, shares authorized (in shares) | 10.0M shares | |||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | |||
| Common stock, shares authorized (in shares) | 300.0M shares | |||
| Common stock, shares, issued (in shares) | 164.2M shares | 162.5M shares | ||
| Common stock, shares, outstanding (in shares) | 164.2M shares | 162.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$100.0M | -$290.0M | $4.0M |
| Depreciation and amortization expense | $116.0M | $87.0M | $67.0M |
| Stock compensation expense | $29.0M | $23.0M | $19.0M |
| Deferred tax benefit | -$21.0M | -$19.0M | -$8.0M |
| Deemed non-pro rata distribution | $0 | $216.0M | $0 |
| Impairment of operating lease assets | $4.0M | $13.0M | $0 |
| Goodwill impairment | $12.0M | $0 | $0 |
| Other | $11.0M | $7.0M | $9.0M |
| Accounts receivable | -$5.0M | -$109.0M | $158.0M |
| Other current assets and other long-term assets | $19.0M | $8.0M | -$14.0M |
| Accounts payable | -$16.0M | -$65.0M | -$86.0M |
| Accrued expenses, other current liabilities and other long-term liabilities | $2.0M | $117.0M | -$60.0M |
| Net cash provided by (used in) operating activities | $51.0M | -$12.0M | $89.0M |
| Payment for purchases of property and equipment | -$59.0M | -$45.0M | -$64.0M |
| Business acquisition, net of cash acquired | -$10.0M | -$1.0B | $0 |
| Proceeds from sale of property and equipment | $2.0M | $0 | $0 |
| Other | -$4.0M | $0 | -$2.0M |
| Net cash used in investing activities | -$71.0M | -$1.1B | -$66.0M |
| Proceeds from borrowings on revolving credit facilities | $566.0M | $238.0M | $76.0M |
| Repayment of borrowings on revolving credit facilities | -$533.0M | -$226.0M | -$71.0M |
| Proceeds from issuance of common stock and pre-funded warrants | $0 | $1.1B | $0 |
| Payment for equity issuance costs | -$1.0M | -$30.0M | $0 |
| Repayment of debt and finance leases | -$2.0M | -$3.0M | -$104.0M |
| Payment for debt issuance costs | $0 | -$3.0M | $0 |
| Payment for tax withholdings related to vesting of stock compensation awards | -$19.0M | -$4.0M | -$14.0M |
| Repurchase of common stock | $0 | $0 | -$2.0M |
| Other | -$10.0M | $11.0M | -$2.0M |
| Net cash provided by (used in) financing activities | $1.0M | $1.1B | -$117.0M |
| Effect of exchange rates on cash, cash equivalents and restricted cash | $2.0M | -$2.0M | $1.0M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -$17.0M | $30.0M | -$93.0M |
| Cash paid for income taxes, net | $7.0M | $4.0M | $27.0M |
| Cash paid for interest, net | $32.0M | $27.0M | $32.0M |
| Purchases of property and equipment in accounts payable, accrued expenses and other liabilities | $11.0M | $3.0M | $2.0M |
| Accrued tax withholdings related to vesting of stock compensation awards | $0 | $15.0M | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
RXO, Inc. sits at the top of its group. 39 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of RXO, Inc.
- MFN Partners, LP Filed SCHEDULE 13D on RXO, Inc., latest Oct 5, 2026 (6 filings since Feb 10, 2023)
- Finepoint Capital LP Filed SCHEDULE 13G/A on RXO, Inc., latest Aug 13, 2026 (2 filings since Feb 13, 2026)
- ORBIS INVESTMENT MANAGEMENT LTD Filed SCHEDULE 13G/A on RXO, Inc., latest May 15, 2026 (9 filings since Dec 12, 2022)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on RXO, Inc., latest Apr 30, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on RXO, Inc., latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on RXO, Inc., latest Mar 27, 2026 (7 filings since Feb 9, 2023)
- Wellington Management Company Filed SCHEDULE 13G/A on RXO, Inc., latest Feb 10, 2026 (2 filings since May 12, 2025)
- BlackRock Filed SCHEDULE 13G/A on RXO, Inc., latest Feb 5, 2025 (6 filings since Feb 8, 2023)
- FMR LLC Filed SC 13G/A on RXO, Inc., latest Feb 9, 2024 (2 filings since Feb 9, 2023)
- RXO, Inc. Charlotte, North Carolina, United States
- Access America Transport, LLC Subsidiary · Tennessee, United States
- Bounce Logistics, LLC Subsidiary · Delaware, United States
- Community House Insurance Company Subsidiary · North Carolina, United States
- Coyote Logistics de Mexico, S.A. de C.V. (MX) Subsidiary · Mexico
- Coyote Logistics Midco, Inc. Subsidiary · Delaware, United States
- Coyote Logistics Nederland B.V. Subsidiary · Netherlands
- Coyote Logistics UK Limited Subsidiary · United Kingdom
- Coyote Logistics, LLC Subsidiary · Delaware, United States
- Jacobson Logistics Company, L.C. Subsidiary · Iowa, United States
- Jacobson Transportation Company, Inc. Subsidiary · Iowa, United States
- Logistics Financing UK II Limited Subsidiary · United Kingdom
- Logistics Financing UK Limited Subsidiary · United Kingdom
- Pacer Holdings Coōperateif U.A. Subsidiary · Netherlands
- RXO Air Transport, LLC Subsidiary · Delaware, United States
- RXO Capacity Solutions Mexico S. de R.L. de C.V. Subsidiary · Mexico
- RXO Capacity Solutions, Inc. Subsidiary · Ontario, Canada
- RXO China Freight Forwarding Limited Subsidiary · China
- RXO Corporate Services Canada Inc. Subsidiary · Ontario, Canada
- RXO Corporate Solutions, LLC Subsidiary · Delaware, United States
- RXO Courier, LLC Subsidiary · Delaware, United States
- RXO Customs Canada, Inc. Subsidiary · Canada
- RXO Customs Clearance Solutions, LLC Subsidiary · Delaware, United States
- RXO Dedicated, LLC Subsidiary · Delaware, United States
- RXO Express, LLC Subsidiary · Delaware, United States
- RXO Freight Forwarding (HK) Limited Subsidiary · Hong Kong
- and 13 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What RXO, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $515.0M6 Dec 31, 2025 | $452.0M6 Dec 31, 2024 | +13.9% |
| Accumulated depreciation | $381.0M6 Dec 31, 2025 | $317.0M6 Dec 31, 2024 | +20.2% |
| Property and equipment, net | $134.0M6 Dec 31, 2025 | $135.0M6 Dec 31, 2024 | −0.7% |
| Finance-lease assets | $2.0M6 Dec 31, 2025 | $4.0M6 Dec 31, 2024 | −50.0% |
| Operating-lease assets (leased space) | $238.0M6 Dec 31, 2025 | $276.0M6 Dec 31, 2024 | −13.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $17.0M6 Dec 31, 2025 | $35.0M6 Dec 31, 2024 | −51.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.1B6 Dec 31, 2025 | $1.1B6 Dec 31, 2024 | −1.1% |
| Intangible assets, net (excluding goodwill) | $453.0M6 Dec 31, 2025 | $499.0M6 Dec 31, 2024 | −9.2% |
| Finite-lived intangibles, gross | $617.0M6 Dec 31, 2025 | $645.0M6 Dec 31, 2024 | −4.3% |
| Accumulated amortization | $164.0M6 Dec 31, 2025 | $146.0M6 Dec 31, 2024 | +12.3% |
| Finite-lived intangibles, net | $453.0M6 Dec 31, 2025 | $499.0M6 Dec 31, 2024 | −9.2% |
Properties, in its own words
Location · Leased Facilities · Customer Facilities (1) · Total
North America · 132 · 20 · 152
The rest of Item 2
Asia · 8 · — · 8
Europe · 6 · — · 6
Corporate · 5 · — · 5
Total · 151 · 20 · 171
(1)Locations owned or leased by customers.
We lease our current executive office located in Charlotte, North Carolina. We believe that our facilities are sufficient for our current needs.
Item 2 of the 10-K filed Feb 9, 2026.5
Leadership
Who has led RXO, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
2025
- Chief executive officerAndrew M. Wilkerson Oct 17, 2022 to now12
Board members and other officers (16)
- Chief Accounting OfficerDaniel S. Morris May 15, 2026 to now13
- TreasurerChristopher J. Signorello Oct 17, 2022 to Oct 17, 202214
- Chief Accounting OfficerJason S. Kerr Nov 1, 2022 to now15
- Board memberTroy A. Cooper Jun 17, 2024 to now16
- Board memberChristopher J. Signorello Oct 17, 2022 to Oct 17, 202214
- Board memberRavi Tulsyan Oct 17, 2022 to Oct 17, 202217
- Board memberAdrian Kingshott Nov 1, 2022 to now18
- Board memberAnnamaria Desalva Nov 1, 2022 to Jan 4, 202419
- Board memberChristine S. Breves Nov 1, 2022 to now20
- Board memberMary E. Kissel Nov 1, 2022 to now21
- Board memberMichelle Nettles Nov 1, 2022 to now22
- Board memberS. Jacobs Bradley Nov 1, 2022 to Jan 6, 202523
- Board memberStephen M. Renna Nov 1, 2022 to now24
- Board memberThomas A. Szlosek Nov 1, 2022 to now25
- Board memberAndrew M. Wilkerson Nov 3, 2022 to now26
- General counselJeffrey D. Firestone Oct 17, 2022 to now27
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Access America Transport, LLC Tennessee4
- Bounce Logistics, LLC Delaware4
- Community House Insurance Company North Carolina4
- Coyote Logistics Midco, Inc. Delaware4
- Coyote Logistics Nederland B.V. Netherlands4
- Coyote Logistics UK Limited United Kingdom4
- Coyote Logistics de Mexico, S.A. de C.V. (MX) Mexico4
- Coyote Logistics, LLC Delaware4
- Jacobson Logistics Company, L.C. Iowa4
- Jacobson Transportation Company, Inc. Iowa4
- Logistics Financing UK II Limited United Kingdom4
- Logistics Financing UK Limited United Kingdom4
- Pacer Holdings Coōperateif U.A. Netherlands4
- RXO Air Transport, LLC Delaware4
- RXO Capacity Solutions Mexico S. de R.L. de C.V. Mexico4
- RXO Capacity Solutions, Inc. Ontario4
- RXO Capacity Solutions, LLC Delaware4
- RXO China Freight Forwarding Limited China4
- RXO Corporate Services Canada Inc. Ontario4
- RXO Corporate Solutions, LLC Delaware4
- RXO Courier, LLC Delaware4
- RXO Customs Canada, Inc. Canada4
- RXO Customs Clearance Solutions, LLC Delaware4
- RXO Dedicated, LLC Delaware4
All 40 listed subsidiaries
- RXO Express, LLC Delaware4
- RXO Freight Forwarding (HK) Limited Hong Kong4
- RXO Freight Forwarding Mexico S. de R.L. de C.V. Mexico4
- RXO Freight Forwarding Sin Pte. Ltd. Singapore4
- RXO Freight Forwarding, Inc. Delaware4
- RXO Global Services India Private Limited India4
- RXO Hong Kong Freight Forwarding Limited Hong Kong4
- RXO Last Mile Canada Inc. Canada4
- RXO Last Mile Holding, Inc. Delaware4
- RXO Last Mile, Inc. Georgia4
- RXO Managed Transport Mexico S. de R.L. de C.V. Mexico4
- RXO Managed Transport, LLC Delaware4
- RXO NLM, LLC Delaware4
- RXO, Inc. Delaware4
- XPO Global Forwarding Chile SA Chile4
- XPO Ocean World Lines Europe GmbH Germany4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Oct 5, 20268-K Entered a material agreement; Other events28
- Sep 9, 20268-K Regulation FD disclosure29
- Aug 6, 20268-K Results of operations; Regulation FD disclosure30
- May 13, 20268-K Shareholder vote31
- May 7, 20268-K Results of operations; Regulation FD disclosure32
- Feb 20, 20268-K Entered a material agreement; New debt or obligation; Other events33
- Feb 12, 20268-K Regulation FD disclosure34
- Feb 10, 20268-K Regulation FD disclosure35
- Feb 6, 20268-K Entered a material agreement; Ended a material agreement; Results of operations36
- Jan 23, 20268-K Executive or director change37
- Nov 6, 20258-K Results of operations; Regulation FD disclosure38
- Aug 7, 20258-K Results of operations; Regulation FD disclosure39
- Oct 17, 2022New chief executive Andrew M. Wilkerson becomes CEO12
- May 5, 2022Founded RXO, Inc. is founded2
Calendar
Coming up
- Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.01 a share, on Nov 6, 2025.40
When it reported results
- Aug 6, 2026Reported quarterly or annual results30
- May 7, 2026Reported quarterly or annual results32
- Feb 6, 2026Reported quarterly or annual results36
- Nov 6, 2025Reported quarterly or annual results38
- Aug 7, 2025Reported quarterly or annual results39
- May 7, 2025Reported quarterly or annual results41
- Feb 5, 2025Reported quarterly or annual results42
- Nov 7, 2024Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
323 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 46 major events, 167 insider forms, 36 large holders, 58 other. The latest 20:
- Oct 9, 2026425 EDGAR
- Oct 8, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 6, 2026425 EDGAR
- Oct 5, 2026SCHEDULE 13D EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 2026425 EDGAR
- Oct 5, 20268-K EDGAR
The 323 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
38 open-market trades by officers, directors and large owners since October 2021: 37 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 12, 2026 | MFN Partners GP, LLC10% owner | Buy | 532,276 | $12.00 | $6.4M | Form 4 |
| Nov 20, 2025 | Cooper Troy A.Director | Buy | 8,317 | $10.61 | $88.2K | Form 4 |
| Nov 17, 2025 | Kingshott AdrianDirector | Buy | 9,350 | $10.75 | $100.5K | Form 4 |
| Nov 17, 2025 | Kingshott AdrianDirector | Buy | 9,350 | $10.75 | $100.5K | Form 4 |
| Nov 10, 2025 | Kerr Jason S.Chief Accounting Officer | Sale | 33,343 | $11.57 | $385.8K | Form 4 |
| Nov 10, 2025 | Wilkerson Andrew M.Chief Executive Officer | Buy | 11,625 | $12.85 | $149.4K | Form 4 |
| Nov 7, 2025 | Szlosek Thomas ADirector | Buy | 20,308 | $12.37 | $251.2K | Form 4 |
| May 14, 2025 | Szlosek Thomas ADirector | Buy | 7,500 | $16.65 | $124.9K | Form 4 |
| May 9, 2025 | Szlosek Thomas ADirector | Buy | 8,700 | $14.41 | $125.4K | Form 4 |
| Nov 12, 2024 | Nettles MichelleDirector | Buy | 1,800 | $27.89 | $50.2K | Form 4 |
| Aug 12, 2024 | NANJI FARHAD10% owner | Buy | 10,266,810 | $20.21 | $207.5M | Form 4 |
| May 9, 2024 | MFN Partners, LP10% owner | Buy | 61 | $20.39 | $1.2K | Form 4 |
| May 6, 2024 | MFN Partners Management, LLC10% owner | Buy | 361 | $20.40 | $7.4K | Form 4 |
| May 3, 2024 | MFN Partners Management, LP10% owner | Buy | 30,000 | $20.33 | $609.9K | Form 4 |
| May 2, 2024 | MFN Partners Management, LP10% owner | Buy | 105,065 | $20.07 | $2.1M | Form 4 |
| Apr 25, 2024 | MFN Partners GP, LLC10% owner | Buy | 100,000 | $19.79 | $2.0M | Form 4 |
| Apr 24, 2024 | MFN Partners GP, LLC10% owner | Buy | 100,000 | $19.44 | $1.9M | Form 4 |
| Apr 23, 2024 | DeMichele Michael10% owner | Buy | 88,551 | $19.86 | $1.8M | Form 4 |
| Apr 22, 2024 | DeMichele Michael10% owner | Buy | 11,449 | $19.48 | $223.0K | Form 4 |
| Apr 19, 2024 | MFN Partners Management, LLC10% owner | Buy | 200,000 | $19.46 | $3.9M | Form 4 |
All 38 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- MFN Partners, LPSCHEDULE 13D, 6 filings Feb 10, 2023 to Oct 5, 202644
- Finepoint Capital LPSCHEDULE 13G/A, 2 filings Feb 13, 2026 to Aug 13, 202645
- ORBIS INVESTMENT MANAGEMENT LTDSCHEDULE 13G/A, 9 filings Dec 12, 2022 to May 15, 202646
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202647
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202648
- VANGUARD GROUP INCSCHEDULE 13G/A, 7 filings Feb 9, 2023 to Mar 27, 202649
- Wellington Management CompanySCHEDULE 13G/A, 2 filings May 12, 2025 to Feb 10, 202650
- BlackRockSCHEDULE 13G/A, 6 filings Feb 8, 2023 to Feb 5, 202551
- FMR LLCSC 13G/A, 2 filings Feb 9, 2023 to Feb 9, 202452
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Drew WilkersonChairman and Chief Executive Officer | 42 | $703.2K | $7.6M53 |
| 2025 | Jamie HarrisChief Financial Officer | $612.0K | $2.5M53 | |
| 2025 | Jeff FirestoneChief Legal Officer | $535.5K | $1.9M53 | |
| 2024 | Drew WilkersonChairman and Chief Executive Officer | 42 | $659.5K | $7.7M53 |
| 2024 | Jeff FirestoneChief Legal Officer | $532.7K | $2.7M53 | |
| 2024 | Jamie HarrisChief Financial Officer | $608.8K | $2.5M53 | |
| 2023 | Drew WilkersonChairman and Chief Executive Officer | 42 | $650.0K | $5.7M53 |
| 2023 | Jamie HarrisChief Financial Officer | $600.0K | $2.0M53 | |
| 2023 | Jeff FirestoneChief Legal Officer | $525.0K | $1.5M53 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Orbis Allan Gray Ltd | 36,397,974 | $1.0B | 3.5% | No change |
| MFN Partners Management, LP | 28,109,942 | $775.6M | 16.0% | No change |
| BlackRock, Inc. | 25,135,757 | $693.5M | 0.0% | +969,878 |
| Vanguard Portfolio Management LLC | 9,290,827 | $256.3M | 0.0% | +256,028 |
| Vanguard Capital Management LLC | 7,430,859 | $205.0M | 0.0% | +60,375 |
| State Street Corp | 6,658,205 | $183.7M | 0.0% | +89,865 |
| Hood River Capital Management LLC | 6,478,546 | $178.7M | 1.3% | +2,026,330 |
| Finepoint Capital LP | 5,355,445 | $147.8M | 32.0% | −4,718,173 |
| Geode Capital Management, LLC | 4,269,292 | $117.8M | 0.0% | +282,209 |
| Douglas Lane & Associates, LLC | 3,346,342 | $92.3M | 1.3% | −160,184 |
| FIL Ltd | 2,625,000 | $72.4M | 0.1% | −3,925,000 |
| Charles Schwab Investment Management Inc | 2,613,414 | $72.1M | 0.0% | +7,755 |
| Maple Rock Capital Partners Inc. | 2,583,655 | $71.3M | 1.4% | New |
| Dimensional Fund Advisors LP | 2,441,326 | $67.4M | 0.0% | +392,423 |
| Boston Partners | 2,207,594 | $60.9M | 0.1% | −289,422 |
| Goldman Sachs Group Inc | 1,983,060 | $54.7M | 0.0% | +874,187 |
| Northern Trust Corp | 1,711,702 | $47.2M | 0.0% | +212,541 |
| Morgan Stanley | 1,706,328 | $47.1M | 0.0% | +457,314 |
| Invesco Ltd. | 1,213,400 | $33.5M | 0.0% | −148,994 |
| Emerald Advisers, LLC | 1,174,517 | $32.4M | 0.8% | +736,046 |
| Kennedy Capital Management LLC | 1,108,441 | $30.6M | 0.5% | −587,776 |
| Vanguard Fiduciary Trust Co | 1,098,652 | $30.3M | 0.0% | +31,521 |
| Frontier Capital Management Co LLC | 1,026,223 | $28.3M | 0.3% | −1,625,314 |
| Swedbank AB | 979,000 | $27.0M | 0.0% | −179,000 |
| Penn Capital Management Company, LLC | 974,963 | $27.0M | 1.7% | −372,587 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How RXO, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRXO, Inc.1
- CIK0001929561
- Employer ID (EIN)88-21833845
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)4700 Transportation Services1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address11215 North Community House Road, Charlotte, NC 282771
- Phone704-572-73021
- Shares outstanding164,926,128 as of Aug 4, 202611
- Public float$2.6B as of Jun 30, 20255
- AuditorDeloitte & Touche LLP, Charlotte, North Carolina PCAOB ID 34; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceJun 1, 20221
- Filings323 in all: 4 (142), 8-K (46), 425 (21), 3 (18), SC 13G/A (15), 10-Q (12), SCHEDULE 13G/A (11), 4/A (7)1
All 29 form types
UPLOAD (6), DEF 14A (5), SC 13G (5), 10-K (4), DEFA14A (4), SCHEDULE 13G (4), CORRESP (3), DRS/A (3), DRSLTR (3), 424B5 (2), S-8 (2), 10-12B (1), 10-12B/A (1), 144 (1), 424B7 (1), CERT (1), DRS (1), PRE 14A (1), S-3ASR (1), SCHEDULE 13D (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Feb 9, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Mar 30, 2026
Latest 8-K (8-K) Oct 5, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.01 per share | RXO | New York Stock Exchange |
From the cover page of the 10-K filed Feb 9, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks RXO, Inc. names in Item 1A of its 10-K filed Feb 9, 2026: 34 risks under these headings, as written.5
- Risks Related to Our Business
- Risks Related to Industry Dynamics
- We operate in a highly competitive industry and, if we are unable to adequately address factors that may adversely affect our revenue and costs, our business could suffer.
- Economic recessions and other factors that reduce economic activity could have a material adverse impact on our business.
- Volatility in fuel prices impacts our fuel surcharge revenue and may impact our profitability.
- Higher carrier prices may result in decreased income from operations and increases in working capital usage.
- Extreme or unusual weather conditions can disrupt our operations, impact freight volumes, and increase our costs, all of which could have a material adverse effect on our business results.
- Our operations may be subject to seasonal fluctuations, and our inability to manage these fluctuations could negatively affect our business and our results of operations.
- Risks Related to Third-Party Relationships
- We depend on third parties in the operation of our business.
- Our business relies on third-party carriers to conduct its operations, and the status of these parties as independent contractors, rather than employees, is being challenged.
- Our business may be materially adversely affected by labor disputes or organizing efforts.
The other 25 risks
- Risks Related to Our Use of Technology
- Our business will be seriously harmed if we fail to develop, implement, maintain, upgrade, enhance, protect and integrate our information technology systems, including those systems of any businesses that we acquire.
- We could be affected by cyberattacks or breaches of our information systems, any of which could have a material adverse effect on our business.
- A failure of our information technology infrastructure, information systems, networks or processes may materially adversely affect our business.
- Issues related to the intellectual property rights on which our business depends, whether related to our failure to enforce our own rights or infringement claims brought by others, could have a material adverse effect on our business, financial condition and results of operations.
- Third-party security incidents could result in the loss of our or our customers’ data, expose us to liability, harm our reputation, damage our competitiveness and adversely impact our financial results.
- We use, and may continue to expand our use of, machine learning and artificial intelligence (“AI”) technologies to deliver our services and operate our business.
- Risks Related to Our Credit and Liquidity
- Challenges in the commercial and credit environment may adversely affect our future access to capital on favorable terms.
- We incurred debt obligations that could adversely affect our business and profitability and our ability to meet other obligations.
- Risks Related to Litigation and Regulation
- We are subject to claims arising from our transportation operations.
- From time to time, we are involved in lawsuits and are subject to various claims that could result in significant expenditures and impact our operations.
- Our third-party carriers are subject to increasingly stringent laws protecting the environment, including transitional risks relating to climate change, which could directly or indirectly have a material adverse effect on our business.
- We are subject to governmental regulations and political conditions, which could negatively impact our business.
- Risks Related to Our Strategy and Operations
- We depend on our ability to attract and retain qualified employees and temporary workers.
- Failure to successfully implement our cost and revenue initiatives could cause our future financial results to suffer.
- We may not successfully manage our growth.
- Our inability to successfully manage the costs and operational difficulties of adding new customers or more volume from existing customers may negatively affect our financial condition and operations.
- We derive a significant portion of our total revenue from our largest customers.
- Damage to our reputation through unfavorable publicity or the actions of our employees or independent contractors could adversely affect our financial condition.
- If we determine that our goodwill has become impaired, we may incur impairment charges, which would negatively impact our operating results.
- Any acquisitions that we may complete in the future may be unsuccessful or result in other risks or developments that adversely affect our financial condition and results.
- We may not realize all of the anticipated benefits of any divestitures we may make in the future, or the benefits of any such divestitures may take longer to realize than expected.
- Risks Related to Our Common Stock
- Sales of shares of our common stock in connection with registration rights granted to certain stockholders, or the prospect of any such sales, could affect the market price of our common stock and could impair our ability to raise capital through future sales of equity securities.
- Any stockholder’s percentage of ownership in RXO may be diluted in the future at any given time.
- Certain provisions in RXO’s amended and restated certificate of incorporation and bylaws, and of Delaware law, may prevent or delay an acquisition of RXO, which could decrease the trading price of our common stock.
- RXO’s amended and restated certificate of incorporation contains an exclusive forum provision that may discourage lawsuits against RXO and our directors and officers.
Legal proceedings
Information with respect to certain legal proceedings is included in Note 17 — Commitments and Contingencies to our consolidated financial statements (included in Part II, Item 8 of this Annual Report) and is incorporated herein by reference. For an additional discussion of certain risks associated with legal proceedings, see “Risk Factors” above.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARRXO, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARRXO, Inc. filings on SEC EDGAR
- 4
- 5
- 6SEC EDGARRXO, Inc. 10-K for fiscal 2025
- 7SEC EDGARRXO, Inc. 10-K for fiscal 2020
- 8SEC EDGARRXO, Inc. 10-K for fiscal 2021
- 9SEC EDGARRXO, Inc. 10-K for fiscal 2022
- 10SEC EDGARRXO, Inc. 10-Q for fiscal 2026
- 11SEC EDGARRXO, Inc. 10-Q for fiscal 2026
- 12
- 13
- 14SEC EDGARChristopher J. Signorello, Treasurer
- 15
- 16SEC EDGARTroy A. Cooper, Board member
- 17SEC EDGARRavi Tulsyan, Board member
- 18SEC EDGARAdrian Kingshott, Board member
- 19SEC EDGARAnnamaria Desalva, Board member
- 20SEC EDGARChristine S. Breves, Board member
- 21SEC EDGARMary E. Kissel, Board member
- 22SEC EDGARMichelle Nettles, Board member
- 23SEC EDGARS. Jacobs Bradley, Board member
- 24SEC EDGARStephen M. Renna, Board member
- 25SEC EDGARThomas A. Szlosek, Board member
- 26SEC EDGARAndrew M. Wilkerson, Board member
- 27
- 28
- 29SEC EDGARRegulation FD disclosure
- 30
- 31SEC EDGARShareholder vote
- 32
- 33
- 34SEC EDGARRegulation FD disclosure
- 35SEC EDGARRegulation FD disclosure
- 36
- 37SEC EDGARExecutive or director change
- 38
- 39
- 40NasdaqNasdaq calendar
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52SEC EDGARFMR LLC SC 13G/A on RXO, Inc.
- 53