Filing Flows › RXO (RXO) › Q1 2026
RXO (RXO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
RXO (RXO) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), -0.6% from a year earlier and -3% from the quarter before. Operating margin was -2.0%, net loss $36.0M (2.5% of revenue).
RXO, Q1 2026: revenue $1.4B (-0.6% year over year), operating margin -2.0%, net loss $36.0M, operating cash flow −$7.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -3% | -0.6% |
| Operating profit | −$28.0M | — | — |
| Net earnings | −$36.0M | — | — |
| Operating cash flow | −$7.0M | -200% | — |
What changed
Revenue was $1.4B in Q1 2026, down 1% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $0.03B, an operating margin of -2.0%. Total costs fell 1% while revenue fell 1%. The quarter ended with a net loss of $0.04B, narrower than the previous quarter's $0.05B loss. Net interest and other expense of $0.02B was the main reason.
Operating cash flow was −$0.01B. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $4.0M. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was RXO's revenue in the first quarter 2026?
RXO (RXO) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), -0.6% from a year earlier and -3% from the quarter before.
Was RXO profitable in the first quarter 2026?
Operating loss was $28.0M (-2.0% of revenue) and net loss $36.0M.
Source: RXO 10-Q on SEC EDGAR.