NYSE$RXO
RXO Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
RXO delivered a strong fourth quarter driven by brokerage volume growth.
RXO's Q4 2022 revenue was $1.1 billion. Companywide gross margin was 19.6 percent, up 250 basis points year-over-year. The company reported a GAAP net loss of $4 million, compared to net income of $42 million in the fourth quarter of 2021.
- Companywide gross margin was 19.6 percent, up 250 basis points year-over-year; brokerage profitability remained strong with 17.9 percent gross margin in the fourth quarter, up 290 basis points year-over-year
- Brokerage volume increased by 4% year-over-year and set a company record for loads per day
- Downloads of RXO Drive™ app increased 45% year-over-year, and 87% of loads in the quarter were created or covered digitally
- Company expects continued year-over-year brokerage volume growth in the first quarter of 2023, driven by strong sales pipeline
Headline financials
Revenue & EPS history
RXO · Revenue · Quarterly
$1.12B
Revenue by segment
RXO · $1.07B total across 3 segments · Q4 2022
- Truck Brokerage$664M—62.1%
- Last Mile$277M—25.9%
- Managed Transportation$129M—12.1%
Forward guidance
The company expects brokerage volumes to continue to grow on a year-over-year basis in the first quarter of 2023.
Tailwinds
- Continued year-over-year brokerage volume growth expected in Q1 2023
- Strong sales pipeline
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q4 2022
-1.8%
Avg return
Earnings day
-2.4%
Avg return
5 days after
-1.0%
Avg return
30 days after
47%
9 / 19 earnings
Positive
+9.6%
Q4 2022
Best reaction
-23.1%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +8.9% | +2.0% | +36.9% | |
| Q4 2025 | +1.9% | -1.5% | -17.1% | |
| Q3 2025 | -23.1% | -30.9% | -18.1% | |
| Q1 2025 | -5.6% | +17.4% | +16.5% | |
| Q4 2024 | -14.9% | -14.9% | -21.6% | |
| Q3 2024 | -6.6% | -12.9% | -10.5% | |
| Q2 2024 | -3.4% | -5.8% | -10.5% | |
| Q1 2024 | +7.4% | +9.1% | +7.4% | |
| Q4 2023 | -9.8% | -4.6% | -7.0% | |
| Q3 2023 | -5.1% | -1.4% | +14.6% | |
| Q2 2023 | -10.4% | -8.3% | -16.7% | |
| Q1 2023 | +3.5% | +4.9% | +19.3% | |
| Q1 2022 | +3.5% | +4.9% | +19.3% | |
| Q4 2020 | -0.9% | -1.9% | -9.7% | |
| Q2 2022 | -0.9% | -1.9% | -9.7% | |
| Q4 2022 | +9.6% | +4.6% | +3.8% | |
| Q3 2021 | +3.7% | -1.3% | -5.6% | |
| Q4 2021 | +3.7% | -1.3% | -5.6% | |
| Q3 2022 | +3.7% | -1.3% | -5.6% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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