RXO reported revenue of $1.4 billion and a GAAP net loss of $31 million for the first quarter of 2025. Adjusted EBITDA was $22 million. The company successfully migrated Coyote coverage operations to the RXO Connect platform and is raising its synergy estimate to greater than $70 million.
Successful migration of Coyote coverage operations to the RXO Connect® platform completed.
Raising synergy estimate to greater than $70 million of cash synergies.
Less-than-truckload brokerage volume increased by 26% year-over-year.
Last Mile achieved 24% year-over-year stop growth.
RXO expects second-quarter 2025 adjusted EBITDA to be between $30 million and $40 million and Brokerage gross margin to be between 13% and 15%.
Visualization of income flow from segment revenue to net income