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Side-by-side financial comparison of Magnera Corp (MAGN) and RXO, Inc. (RXO). Click either name above to swap in a different company.
RXO, Inc. is the larger business by last-quarter revenue ($1.5B vs $792.0M, roughly 1.9× Magnera Corp). RXO, Inc. runs the higher net margin — -3.1% vs -4.3%, a 1.2% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -11.9%). RXO, Inc. produced more free cash flow last quarter ($-9.0M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 26.8%).
RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.
MAGN vs RXO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $1.5B |
| Net Profit | $-34.0M | $-46.0M |
| Gross Margin | 12.2% | — |
| Operating Margin | 1.8% | -2.9% |
| Net Margin | -4.3% | -3.1% |
| Revenue YoY | 12.8% | -11.9% |
| Net Profit YoY | 43.3% | -84.0% |
| EPS (diluted) | $-0.95 | $-0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $792.0M | $1.5B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $839.0M | $1.4B | ||
| Q1 25 | $824.0M | $1.4B | ||
| Q4 24 | $702.0M | $1.7B | ||
| Q3 24 | $332.1M | $1.0B | ||
| Q2 24 | $556.0M | $930.0M | ||
| Q1 24 | $558.0M | $913.0M |
| Q4 25 | $-34.0M | $-46.0M | ||
| Q3 25 | — | $-14.0M | ||
| Q2 25 | $-18.0M | $-9.0M | ||
| Q1 25 | $-41.0M | $-31.0M | ||
| Q4 24 | $-60.0M | $-25.0M | ||
| Q3 24 | $-15.2M | $-243.0M | ||
| Q2 24 | $19.0M | $-7.0M | ||
| Q1 24 | $14.0M | $-15.0M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 6.2% | — |
| Q4 25 | 1.8% | -2.9% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 0.5% | -2.1% | ||
| Q4 24 | -3.1% | -1.4% | ||
| Q3 24 | 0.9% | -1.9% | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 3.8% | -1.3% |
| Q4 25 | -4.3% | -3.1% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | -2.1% | -0.6% | ||
| Q1 25 | -5.0% | -2.2% | ||
| Q4 24 | -8.5% | -1.5% | ||
| Q3 24 | -4.6% | -23.4% | ||
| Q2 24 | 3.4% | -0.8% | ||
| Q1 24 | 2.5% | -1.6% |
| Q4 25 | $-0.95 | $-0.28 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | $-0.51 | $-0.05 | ||
| Q1 25 | $-1.15 | $-0.18 | ||
| Q4 24 | $-1.69 | $-0.17 | ||
| Q3 24 | $-0.33 | $-1.81 | ||
| Q2 24 | $0.60 | $-0.06 | ||
| Q1 24 | $0.44 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $264.0M | $17.0M |
| Total DebtLower is stronger | $1.9B | $387.0M |
| Stockholders' EquityBook value | $1.0B | $1.5B |
| Total Assets | $3.9B | $3.3B |
| Debt / EquityLower = less leverage | 1.86× | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $17.0M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | $276.0M | $18.0M | ||
| Q1 25 | $282.0M | $16.0M | ||
| Q4 24 | $215.0M | $35.0M | ||
| Q3 24 | $230.0M | $55.0M | ||
| Q2 24 | $33.9M | $7.0M | ||
| Q1 24 | $30.2M | $7.0M |
| Q4 25 | $1.9B | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | $2.0B | $387.0M | ||
| Q1 25 | $2.0B | $387.0M | ||
| Q4 24 | $2.0B | $351.0M | ||
| Q3 24 | $2.0B | $352.0M | ||
| Q2 24 | $877.4M | $370.0M | ||
| Q1 24 | $884.7M | $351.0M |
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $2.1B | $1.7B | ||
| Q2 24 | $2.4B | $579.0M | ||
| Q1 24 | $2.4B | $582.0M |
| Q4 25 | $3.9B | $3.3B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | $4.1B | $3.2B | ||
| Q1 25 | $4.1B | $3.3B | ||
| Q4 24 | $4.0B | $3.4B | ||
| Q3 24 | $2.8B | $3.4B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.5B | $1.8B |
| Q4 25 | 1.86× | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | 1.77× | 0.24× | ||
| Q1 25 | 1.83× | 0.24× | ||
| Q4 24 | 1.80× | 0.22× | ||
| Q3 24 | 0.91× | 0.21× | ||
| Q2 24 | 0.37× | 0.64× | ||
| Q1 24 | 0.36× | 0.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0M | $7.0M |
| Free Cash FlowOCF − Capex | $-13.0M | $-9.0M |
| FCF MarginFCF / Revenue | -1.6% | -0.6% |
| Capex IntensityCapex / Revenue | 1.9% | 1.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-8.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $7.0M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | $0 | $23.0M | ||
| Q1 25 | $65.0M | $-2.0M | ||
| Q4 24 | $-58.0M | $-7.0M | ||
| Q3 24 | $12.2M | $-7.0M | ||
| Q2 24 | $38.0M | $-5.0M | ||
| Q1 24 | $20.0M | $7.0M |
| Q4 25 | $-13.0M | $-9.0M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | $42.0M | $-17.0M | ||
| Q4 24 | $-74.0M | $-19.0M | ||
| Q3 24 | $3.6M | $-18.0M | ||
| Q2 24 | $23.0M | $-16.0M | ||
| Q1 24 | $12.5M | $-4.0M |
| Q4 25 | -1.6% | -0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | 5.1% | -1.2% | ||
| Q4 24 | -10.5% | -1.1% | ||
| Q3 24 | 1.1% | -1.7% | ||
| Q2 24 | 4.1% | -1.7% | ||
| Q1 24 | 2.2% | -0.4% |
| Q4 25 | 1.9% | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | 1.5% | 1.0% | ||
| Q1 25 | 2.8% | 1.0% | ||
| Q4 24 | 2.3% | 0.7% | ||
| Q3 24 | 2.6% | 1.1% | ||
| Q2 24 | 2.7% | 1.2% | ||
| Q1 24 | 1.3% | 1.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 1.43× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
