RXO, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $3.4b $4.7b $4.8b $3.9b $4.5b $5.7b
Operating income (loss) $60.0m $192.0m $123.0m $39.0m ($56.0m) ($79.0m)
Goodwill impairment $0 $0 $12.0m
Income (loss) before income taxes $57.0m $191.0m $119.0m $4.0m ($304.0m) ($115.0m)
Income tax provision (benefit) $14.0m $41.0m $27.0m $0 ($14.0m) ($15.0m)
Net income (loss) $43.0m $150.0m $92.0m $4.0m ($290.0m) ($100.0m)
Earnings per share, basic (in dollars per share) $0.37 $1.30 $0.80 $0.03 ($2.17) ($0.59)
Diluted earnings per share (in dollars per share) $0.37 $1.30 $0.79 $0.03 ($2.17) ($0.59)
Number of shares outstanding, basic (in shares) 115.2m 115.2m 115.3m 116.9m 133.4m 168.5m
Number of shares outstanding, diluted (in shares) 115.2m 115.2m 115.8m 119.5m 133.4m 168.5m
Cost of transportation and services (exclusive of depreciation and amortization) $2.6b $3.7b $3.6b $3.0b $3.6b $4.6b
Direct operating expense (exclusive of depreciation and amortization) $174.0m $192.0m $226.0m $235.0m $202.0m $190.0m
Sales, general and administrative expense $455.0m $539.0m $640.0m $591.0m $666.0m $832.0m
Depreciation and amortization expense $76.0m $81.0m $86.0m $67.0m $87.0m $116.0m
Transaction and integration costs $14.0m $2.0m $84.0m $12.0m $53.0m $22.0m
Restructuring costs $10.0m $2.0m $13.0m $16.0m $33.0m $38.0m
Other expense $3.0m $1.0m $0 $3.0m $218.0m $1.0m
Interest expense, net $0 $0 $4.0m $32.0m $30.0m $35.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.