RXO Smashes Q1 2026, Stock Soars

RXOs Q1 2026 Report: Smashing Revenue Expectations, Eyeing Rebound Freight giant RXO surpassed analysts predictions with $1.43 billion in Q1 2026 revenue, though flat from last year. Adjusted loss per share hit nine cents, on target, and adjusted EBITDA came in at $6 million, slightly missing expectations. Despite a 8% dip in sales volumes, full truckload volumes improved, and CEO Drew Wilkerson highlights momentum with a robust brokerage pipeline and new managed freight wins. Shares surged 9.4% to $21.46 post-bell, following nine% CAGR over five years and 22.4% two-year revenue growth. Operating margins remained at -2%, and free cash flow burned $24 million, worse than last year. However, Q2 EBITDA guidance stands at $32 million, crushing forecasts. Analysts anticipate modest 3.1% revenue growth, but with supply tightening and spot rates climbing, RXO is poised for a rebound. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5007dc0977a70e46