RXO Q2 2026 adjusted EBITDA falls 5% to $38 million; revenue drops 20% to $1.42 billion - RXO News | RalliesRXO Q2 2026 adjusted EBITDA falls 5% to $38 million; revenue drops 20% to $1.42 billion
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RXO• Quarterly results
- RXO posted Q2 2026 GAAP net loss of $9 million, unchanged from a year earlier; GAAP diluted EPS held at $(0.05).
- Revenue fell 20.01% to $1.42 billion; gross margin slipped 1.98% to $247 million.
- Adjusted EBITDA (non-GAAP) eased 5% to $38 million; adjusted diluted EPS (non-GAAP) rose to $0.06 from $0.04.
- Brokerage volume rose 2% year-over-year, including 2% TL growth; TL spot mix climbed to 42%, up 900 bps sequentially.
Outlook and operating trends
- Q3 adjusted EBITDA outlook set at $35 million-$45 million.
- Management said brokerage TL volume improved each month in Q2.
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