The strong operational beat and continued market share gains provide positive momentum heading into the C.H. Robinson acquisition. Monitor regulatory and shareholder approval timelines for the deal, expected to close in H1 2027.
Price Chart
Executive Summary
RXO reported Q3 2026 adjusted EPS of $0.09, beating the $0.07 consensus, and revenue of $1.87B, above the $1.82B consensus. Brokerage truckload volume grew 3% YoY and spot mix reached 51%, driving the best sequential gross profit per load improvement in over four years. The company is being acquired by C.H. Robinson in a deal announced October 5, 2026, expected to close in H1 2027.
Key Financial Metrics
Key Facts
- Q3 2026 revenue $1.87B vs $1.42B YoY (up 32%)
- GAAP net income $3M vs net loss of $14M YoY
- Adjusted EBITDA $51M vs $32M YoY (up 59%)
- Adjusted diluted EPS $0.09 vs $0.01 YoY, beating consensus of $0.07
- Brokerage TL volume up 3% YoY, spot mix 51% (up from 29% YoY and 42% QoQ)
- Managed Transportation awarded ~$140M of freight under management
- Last Mile stops up 5% YoY
- Pending acquisition by C.H. Robinson for implied $5.8B, expected close H1 2027
Financial Impact
Revenue $1.87B, adjusted EBITDA $51M, adjusted net income $16M
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Truck Brokerage | $1.4B | +37.9% |
| Last Mile | $334.0M | +9.5% |
| Managed Transportation | $163.0M | +19.0% |
Risk Factors
- Pending acquisition by C.H. Robinson may not close on expected timeline or at all
- Brokerage gross margin compressed to 12.6% from 13.5% YoY
- Complementary services gross margin declined to 18.7% from 21.3% YoY
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001929561-26-000046 |
| Document: 0001929561-26-000046-index.html | 0001929561-26-000046 |
| Document: 0001929561-26-000046.txt | 0001929561-26-000046 |
| 8-K Data (Synthetic) | 0001929561-26-000046 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | 425 | $27.49 | awaiting T+5 | awaiting T+5 | $27.49 (−0.00%) |
Oct 29, 2026 3d ago | 425 | $27.65 | awaiting T+5 | awaiting T+5 | $27.49 (−0.58%) |
Oct 29, 2026 3d ago | 8-K | $27.65 | awaiting T+5 | awaiting T+5 | $27.49 (−0.58%) |
Oct 28, 2026 3d ago | 425 | $27.65 | awaiting T+5 | awaiting T+5 | $27.49 (−0.58%) |
Oct 28, 2026 4d ago | 425 | $27.65 | awaiting T+5 | awaiting T+5 | $27.49 (−0.58%) |
Oct 28, 2026 4d ago | 425 | $27.65 | awaiting T+5 | awaiting T+5 | $27.49 (−0.58%) |
Oct 9, 2026 23d ago | 425 | $29.08 $28.60 | ▼ −1.65% | ▲ +0.32% | $27.49 (−5.47%) |
Oct 8, 2026 24d ago | 425 | $29.08 $28.60 | ▼ −1.65% | ▲ +0.32% | $27.49 (−5.47%) |
Oct 6, 2026 26d ago | 425 | $28.36 $28.69 | ▲ +1.16% | ▲ +2.14% | $27.49 (−3.07%) |
Oct 6, 2026 26d ago | 425 | $28.36 $28.69 | ▲ +1.16% | ▲ +2.14% | $27.49 (−3.07%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers