RXO(US:RXO)2025-08-07 12:00Financial Performance - RXO reported Q2 2025 adjusted EBITDA of $38 million[13] compared to $28 million in Q2 2024[12] - Q2 2025 revenue increased to $1419 million[12] from $930 million in Q2 2024[12], while gross margin was $252 million[12] compared to $177 million[12] - RXO reported Q2 2025 adjusted diluted EPS of $004[24], compared to $003 in Q2 2024[23] - Q2 adjusted free cash flow conversion was 58%[28], and the company remains confident in long-term conversion of 40%-60% across market cycles[29] Operational Highlights - LTL volume increased 45% year-over-year, representing 32% of the total volume[19] - Last Mile stop growth was 17% year-over-year, with a gross margin of 228%[19] - Truckload revenue per load increased 3% year-over-year, and the company expects 2025 contract rates to be up year-over-year[32] - Truckload gross profit per load increased by 7% sequentially in Q2[39] Technology and Integration - ERP consolidation was successfully completed during the second quarter[22] - Customer migration has already begun, and technology integration is anticipated to be substantially complete by the end of Q3[22] Outlook - RXO anticipates Q3 2025 adjusted EBITDA to be between $33 million and $43 million[48] - The company expects brokerage volume to be approximately flat year-over-year and brokerage gross margin to be between 135% and 150%[48]