RXO's Q2 2025 performance exceeded expectations with adjusted EBITDA of $38 million, bolstered by strong growth in last mile and less than truckload segments despite a challenging freight market.
- Achieved adjusted EBITDA of $38 million, at the high end of guidance.
- Last mile services saw 17% year-over-year stop growth, continuing a trend of double-digit growth for four consecutive quarters.
- Less than truckload volume jumped 45%, significantly outperforming the overall market, which saw a decline.
- Adjusted free cash flow conversion was robust at 58%, improving the company's cash position.
- Continued integration of technology platforms is enhancing operational efficiency and is expected to be completed by Q3.
Community Discussion