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Side-by-side financial comparison of NEWMARK GROUP, INC. (NMRK) 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 $846.5M, roughly 1.7× NEWMARK GROUP, INC.). NEWMARK GROUP, INC. runs the higher net margin — 0.3% vs -3.1%, a 3.4% gap on every dollar of revenue. On growth, NEWMARK GROUP, INC. posted the faster year-over-year revenue change (27.2% vs -11.9%). RXO, Inc. produced more free cash flow last quarter ($-9.0M vs $-257.8M). Over the past eight quarters, RXO, Inc.'s revenue compounded faster (26.8% CAGR vs 26.7%).

Newmark Group Inc. is a global commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark, and is listed on the NASDAQ Global Select Market under the symbol "NMRK".

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.

NMRK vs RXO — Head-to-Head

Bigger by revenue
RXO
RXO
1.7× larger
RXO
$1.5B
$846.5M
NMRK
Growing faster (revenue YoY)
NMRK
NMRK
+39.1% gap
NMRK
27.2%
-11.9%
RXO
Higher net margin
NMRK
NMRK
3.4% more per $
NMRK
0.3%
-3.1%
RXO
More free cash flow
RXO
RXO
$248.8M more FCF
RXO
$-9.0M
$-257.8M
NMRK
Faster 2-yr revenue CAGR
RXO
RXO
Annualised
RXO
26.8%
26.7%
NMRK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NMRK
NMRK
RXO
RXO
Revenue
$846.5M
$1.5B
Net Profit
$2.2M
$-46.0M
Gross Margin
Operating Margin
3.1%
-2.9%
Net Margin
0.3%
-3.1%
Revenue YoY
27.2%
-11.9%
Net Profit YoY
130.6%
-84.0%
EPS (diluted)
$0.08
$-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.

Revenue
NMRK
NMRK
RXO
RXO
Q1 26
$846.5M
Q4 25
$859.5M
$1.5B
Q3 25
$715.0M
$1.4B
Q2 25
$639.6M
$1.4B
Q1 25
$556.2M
$1.4B
Q4 24
$727.5M
$1.7B
Q3 24
$568.0M
$1.0B
Q2 24
$527.3M
$930.0M
Net Profit
NMRK
NMRK
RXO
RXO
Q1 26
$2.2M
Q4 25
$68.0M
$-46.0M
Q3 25
$46.2M
$-14.0M
Q2 25
$20.8M
$-9.0M
Q1 25
$-8.8M
$-31.0M
Q4 24
$45.4M
$-25.0M
Q3 24
$17.8M
$-243.0M
Q2 24
$14.3M
$-7.0M
Operating Margin
NMRK
NMRK
RXO
RXO
Q1 26
3.1%
Q4 25
14.4%
-2.9%
Q3 25
11.9%
-0.5%
Q2 25
6.7%
Q1 25
-3.1%
-2.1%
Q4 24
14.3%
-1.4%
Q3 24
7.2%
-1.9%
Q2 24
7.7%
Net Margin
NMRK
NMRK
RXO
RXO
Q1 26
0.3%
Q4 25
7.9%
-3.1%
Q3 25
6.5%
-1.0%
Q2 25
3.3%
-0.6%
Q1 25
-1.6%
-2.2%
Q4 24
6.2%
-1.5%
Q3 24
3.1%
-23.4%
Q2 24
2.7%
-0.8%
EPS (diluted)
NMRK
NMRK
RXO
RXO
Q1 26
$0.08
Q4 25
$0.37
$-0.28
Q3 25
$0.25
$-0.08
Q2 25
$0.11
$-0.05
Q1 25
$-0.05
$-0.18
Q4 24
$0.25
$-0.17
Q3 24
$0.10
$-1.81
Q2 24
$0.08
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NMRK
NMRK
RXO
RXO
Cash + ST InvestmentsLiquidity on hand
$212.1M
$17.0M
Total DebtLower is stronger
$832.0M
$387.0M
Stockholders' EquityBook value
$1.5B
Total Assets
$5.3B
$3.3B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMRK
NMRK
RXO
RXO
Q1 26
$212.1M
Q4 25
$229.1M
$17.0M
Q3 25
$224.1M
$25.0M
Q2 25
$195.8M
$18.0M
Q1 25
$157.1M
$16.0M
Q4 24
$197.7M
$35.0M
Q3 24
$178.6M
$55.0M
Q2 24
$176.4M
$7.0M
Total Debt
NMRK
NMRK
RXO
RXO
Q1 26
$832.0M
Q4 25
$671.7M
$387.0M
Q3 25
$746.5M
$387.0M
Q2 25
$871.2M
$387.0M
Q1 25
$770.9M
$387.0M
Q4 24
$670.7M
$351.0M
Q3 24
$770.4M
$352.0M
Q2 24
$745.2M
$370.0M
Stockholders' Equity
NMRK
NMRK
RXO
RXO
Q1 26
Q4 25
$1.5B
$1.5B
Q3 25
$1.4B
$1.6B
Q2 25
$1.3B
$1.6B
Q1 25
$1.3B
$1.6B
Q4 24
$1.2B
$1.6B
Q3 24
$1.2B
$1.7B
Q2 24
$1.2B
$579.0M
Total Assets
NMRK
NMRK
RXO
RXO
Q1 26
$5.3B
Q4 25
$5.0B
$3.3B
Q3 25
$5.5B
$3.2B
Q2 25
$5.4B
$3.2B
Q1 25
$4.8B
$3.3B
Q4 24
$4.7B
$3.4B
Q3 24
$5.0B
$3.4B
Q2 24
$4.8B
$1.8B
Debt / Equity
NMRK
NMRK
RXO
RXO
Q1 26
Q4 25
0.46×
0.25×
Q3 25
0.55×
0.24×
Q2 25
0.68×
0.24×
Q1 25
0.58×
0.24×
Q4 24
0.56×
0.22×
Q3 24
0.66×
0.21×
Q2 24
0.62×
0.64×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NMRK
NMRK
RXO
RXO
Operating Cash FlowLast quarter
$7.0M
Free Cash FlowOCF − Capex
$-257.8M
$-9.0M
FCF MarginFCF / Revenue
-30.5%
-0.6%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.7M
$-8.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMRK
NMRK
RXO
RXO
Q1 26
Q4 25
$618.5M
$7.0M
Q3 25
$112.6M
$23.0M
Q2 25
$-379.7M
$23.0M
Q1 25
$-179.4M
$-2.0M
Q4 24
$402.6M
$-7.0M
Q3 24
$-85.2M
$-7.0M
Q2 24
$-258.5M
$-5.0M
Free Cash Flow
NMRK
NMRK
RXO
RXO
Q1 26
$-257.8M
Q4 25
$608.8M
$-9.0M
Q3 25
$104.9M
$9.0M
Q2 25
$-386.2M
$9.0M
Q1 25
$-184.8M
$-17.0M
Q4 24
$396.6M
$-19.0M
Q3 24
$-94.4M
$-18.0M
Q2 24
$-267.8M
$-16.0M
FCF Margin
NMRK
NMRK
RXO
RXO
Q1 26
-30.5%
Q4 25
70.8%
-0.6%
Q3 25
14.7%
0.6%
Q2 25
-60.4%
0.6%
Q1 25
-33.2%
-1.2%
Q4 24
54.5%
-1.1%
Q3 24
-16.6%
-1.7%
Q2 24
-50.8%
-1.7%
Capex Intensity
NMRK
NMRK
RXO
RXO
Q1 26
Q4 25
1.1%
1.1%
Q3 25
1.1%
1.0%
Q2 25
1.0%
1.0%
Q1 25
1.0%
1.0%
Q4 24
0.8%
0.7%
Q3 24
1.6%
1.1%
Q2 24
1.8%
1.2%
Cash Conversion
NMRK
NMRK
RXO
RXO
Q1 26
Q4 25
9.10×
Q3 25
2.44×
Q2 25
-18.24×
Q1 25
Q4 24
8.86×
Q3 24
-4.79×
Q2 24
-18.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NMRK
NMRK

Management Services, Servicing Fees and Other$344.0M41%
Capital Markets$252.5M30%
Leasing and Other Commissions$250.0M30%

RXO
RXO

Retail Sector$546.0M37%
Last Mile$298.0M20%
Food And Beverage Sector$225.0M15%
Other Sector$185.0M13%
Managed Transportation$133.0M9%
Automotive Sector$93.0M6%

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