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Side-by-side financial comparison of NextTrip, Inc. (NTRP) 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 $1.2M, roughly 1224.0× NextTrip, Inc.). RXO, Inc. runs the higher net margin — -3.1% vs -272.9%, a 269.8% gap on every dollar of revenue. On growth, NextTrip, Inc. posted the faster year-over-year revenue change (1508.0% vs -11.9%). Over the past eight quarters, NextTrip, Inc.'s revenue compounded faster (266.1% CAGR vs 26.8%).

NeXT, Inc. was an American technology company headquartered in Redwood City, California, which specialized in computer workstations for higher education and business markets, and later developed the first dynamic web page software. It was founded in 1985 by Steve Jobs, the Apple Computer co-founder who had been removed from Apple that year. NeXT debuted with the NeXT Computer in 1988, and released the NeXTcube and smaller NeXTstation in 1990. The series had relatively limited sales, with only...

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.

NTRP vs RXO — Head-to-Head

Bigger by revenue
RXO
RXO
1224.0× larger
RXO
$1.5B
$1.2M
NTRP
Growing faster (revenue YoY)
NTRP
NTRP
+1519.9% gap
NTRP
1508.0%
-11.9%
RXO
Higher net margin
RXO
RXO
269.8% more per $
RXO
-3.1%
-272.9%
NTRP
Faster 2-yr revenue CAGR
NTRP
NTRP
Annualised
NTRP
266.1%
26.8%
RXO

Income Statement — Q3 2026 vs Q4 2025

Metric
NTRP
NTRP
RXO
RXO
Revenue
$1.2M
$1.5B
Net Profit
$-3.3M
$-46.0M
Gross Margin
18.1%
Operating Margin
-257.0%
-2.9%
Net Margin
-272.9%
-3.1%
Revenue YoY
1508.0%
-11.9%
Net Profit YoY
-63.0%
-84.0%
EPS (diluted)
$-0.37
$-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
NTRP
NTRP
RXO
RXO
Q4 25
$1.2M
$1.5B
Q3 25
$757.6K
$1.4B
Q2 25
$138.8K
$1.4B
Q1 25
$83.5K
$1.4B
Q4 24
$74.6K
$1.7B
Q3 24
$154.5K
$1.0B
Q2 24
$188.8K
$930.0M
Q1 24
$89.6K
$913.0M
Net Profit
NTRP
NTRP
RXO
RXO
Q4 25
$-3.3M
$-46.0M
Q3 25
$-2.9M
$-14.0M
Q2 25
$-4.5M
$-9.0M
Q1 25
$-4.6M
$-31.0M
Q4 24
$-2.0M
$-25.0M
Q3 24
$-1.5M
$-243.0M
Q2 24
$-2.0M
$-7.0M
Q1 24
$-3.4M
$-15.0M
Gross Margin
NTRP
NTRP
RXO
RXO
Q4 25
18.1%
Q3 25
21.9%
Q2 25
28.0%
Q1 25
-10.6%
Q4 24
-2.8%
Q3 24
-0.6%
Q2 24
8.1%
Q1 24
-35.4%
Operating Margin
NTRP
NTRP
RXO
RXO
Q4 25
-257.0%
-2.9%
Q3 25
-422.7%
-0.5%
Q2 25
-3342.1%
Q1 25
-2656.6%
-2.1%
Q4 24
-2376.3%
-1.4%
Q3 24
-951.0%
-1.9%
Q2 24
-1034.1%
Q1 24
-1890.7%
-1.3%
Net Margin
NTRP
NTRP
RXO
RXO
Q4 25
-272.9%
-3.1%
Q3 25
-382.5%
-1.0%
Q2 25
-3210.6%
-0.6%
Q1 25
-5506.1%
-2.2%
Q4 24
-2692.1%
-1.5%
Q3 24
-993.3%
-23.4%
Q2 24
-1048.1%
-0.8%
Q1 24
-3797.0%
-1.6%
EPS (diluted)
NTRP
NTRP
RXO
RXO
Q4 25
$-0.37
$-0.28
Q3 25
$-0.39
$-0.08
Q2 25
$-0.68
$-0.05
Q1 25
$0.81
$-0.18
Q4 24
$-0.35
$-0.17
Q3 24
$-1.14
$-1.81
Q2 24
$-1.55
$-0.06
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
NTRP
NTRP
RXO
RXO
Cash + ST InvestmentsLiquidity on hand
$2.4M
$17.0M
Total DebtLower is stronger
$387.0M
Stockholders' EquityBook value
$5.9M
$1.5B
Total Assets
$14.4M
$3.3B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTRP
NTRP
RXO
RXO
Q4 25
$2.4M
$17.0M
Q3 25
$1.8M
$25.0M
Q2 25
$130.9K
$18.0M
Q1 25
$1.1M
$16.0M
Q4 24
$15.4K
$35.0M
Q3 24
$102.0K
$55.0M
Q2 24
$36.7K
$7.0M
Q1 24
$323.8K
$7.0M
Total Debt
NTRP
NTRP
RXO
RXO
Q4 25
$387.0M
Q3 25
$387.0M
Q2 25
$387.0M
Q1 25
$387.0M
Q4 24
$351.0M
Q3 24
$352.0M
Q2 24
$370.0M
Q1 24
$351.0M
Stockholders' Equity
NTRP
NTRP
RXO
RXO
Q4 25
$5.9M
$1.5B
Q3 25
$5.6M
$1.6B
Q2 25
$6.7M
$1.6B
Q1 25
$7.4M
$1.6B
Q4 24
$-1.4M
$1.6B
Q3 24
$-134.1K
$1.7B
Q2 24
$1.2M
$579.0M
Q1 24
$3.1M
$582.0M
Total Assets
NTRP
NTRP
RXO
RXO
Q4 25
$14.4M
$3.3B
Q3 25
$13.9M
$3.2B
Q2 25
$11.0M
$3.2B
Q1 25
$9.9M
$3.3B
Q4 24
$5.0M
$3.4B
Q3 24
$4.9M
$3.4B
Q2 24
$4.7M
$1.8B
Q1 24
$5.1M
$1.8B
Debt / Equity
NTRP
NTRP
RXO
RXO
Q4 25
0.25×
Q3 25
0.24×
Q2 25
0.24×
Q1 25
0.24×
Q4 24
0.22×
Q3 24
0.21×
Q2 24
0.64×
Q1 24
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
NTRP
NTRP
RXO
RXO
Operating Cash FlowLast quarter
$-2.0M
$7.0M
Free Cash FlowOCF − Capex
$-9.0M
FCF MarginFCF / Revenue
-0.6%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTRP
NTRP
RXO
RXO
Q4 25
$-2.0M
$7.0M
Q3 25
$572.4K
$23.0M
Q2 25
$-1.0M
$23.0M
Q1 25
$-1.9M
$-2.0M
Q4 24
$-1.2M
$-7.0M
Q3 24
$-810.2K
$-7.0M
Q2 24
$-1.1M
$-5.0M
Q1 24
$-3.1M
$7.0M
Free Cash Flow
NTRP
NTRP
RXO
RXO
Q4 25
$-9.0M
Q3 25
$9.0M
Q2 25
$9.0M
Q1 25
$-17.0M
Q4 24
$-19.0M
Q3 24
$-18.0M
Q2 24
$-16.0M
Q1 24
$-4.0M
FCF Margin
NTRP
NTRP
RXO
RXO
Q4 25
-0.6%
Q3 25
0.6%
Q2 25
0.6%
Q1 25
-1.2%
Q4 24
-1.1%
Q3 24
-1.7%
Q2 24
-1.7%
Q1 24
-0.4%
Capex Intensity
NTRP
NTRP
RXO
RXO
Q4 25
1.1%
Q3 25
1.0%
Q2 25
1.0%
Q1 25
1.0%
Q4 24
0.7%
Q3 24
1.1%
Q2 24
1.2%
Q1 24
1.2%

Financial Flow Comparison

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

Revenue Breakdown by Segment

NTRP
NTRP

Segment breakdown not available.

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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