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Side-by-side financial comparison of RXO, Inc. (RXO) and Teradyne (TER). Click either name above to swap in a different company.

RXO, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.3B, roughly 1.1× Teradyne). Teradyne runs the higher net margin — 31.1% vs -2.5%, a 33.6% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs -0.6%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 23.8%).

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.

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.

RXO vs TER — Head-to-Head

Bigger by revenue
RXO
RXO
1.1× larger
RXO
$1.4B
$1.3B
TER
Growing faster (revenue YoY)
TER
TER
+87.6% gap
TER
87.0%
-0.6%
RXO
Higher net margin
TER
TER
33.6% more per $
TER
31.1%
-2.5%
RXO
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
23.8%
RXO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
RXO
RXO
TER
TER
Revenue
$1.4B
$1.3B
Net Profit
$-36.0M
$398.9M
Gross Margin
60.9%
Operating Margin
36.9%
Net Margin
-2.5%
31.1%
Revenue YoY
-0.6%
87.0%
Net Profit YoY
-16.1%
EPS (diluted)
$-0.21
$2.53

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
RXO
RXO
TER
TER
Q1 26
$1.4B
$1.3B
Q4 25
$1.5B
$1.1B
Q3 25
$1.4B
$769.2M
Q2 25
$1.4B
$651.8M
Q1 25
$1.4B
$685.7M
Q4 24
$1.7B
$752.9M
Q3 24
$1.0B
$737.3M
Q2 24
$930.0M
$729.9M
Net Profit
RXO
RXO
TER
TER
Q1 26
$-36.0M
$398.9M
Q4 25
$-46.0M
$257.2M
Q3 25
$-14.0M
$119.6M
Q2 25
$-9.0M
$78.4M
Q1 25
$-31.0M
$98.9M
Q4 24
$-25.0M
$146.3M
Q3 24
$-243.0M
$145.6M
Q2 24
$-7.0M
$186.3M
Gross Margin
RXO
RXO
TER
TER
Q1 26
60.9%
Q4 25
57.2%
Q3 25
58.4%
Q2 25
57.2%
Q1 25
60.6%
Q4 24
59.4%
Q3 24
59.2%
Q2 24
58.3%
Operating Margin
RXO
RXO
TER
TER
Q1 26
36.9%
Q4 25
-2.9%
27.1%
Q3 25
-0.5%
18.9%
Q2 25
13.9%
Q1 25
-2.1%
17.6%
Q4 24
-1.4%
20.4%
Q3 24
-1.9%
20.6%
Q2 24
28.8%
Net Margin
RXO
RXO
TER
TER
Q1 26
-2.5%
31.1%
Q4 25
-3.1%
23.7%
Q3 25
-1.0%
15.5%
Q2 25
-0.6%
12.0%
Q1 25
-2.2%
14.4%
Q4 24
-1.5%
19.4%
Q3 24
-23.4%
19.8%
Q2 24
-0.8%
25.5%
EPS (diluted)
RXO
RXO
TER
TER
Q1 26
$-0.21
$2.53
Q4 25
$-0.28
$1.62
Q3 25
$-0.08
$0.75
Q2 25
$-0.05
$0.49
Q1 25
$-0.18
$0.61
Q4 24
$-0.17
$0.89
Q3 24
$-1.81
$0.89
Q2 24
$-0.06
$1.14

Balance Sheet & Financial Strength

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

Metric
RXO
RXO
TER
TER
Cash + ST InvestmentsLiquidity on hand
$21.0M
$241.9M
Total DebtLower is stronger
$17.0M
$0
Stockholders' EquityBook value
$1.5B
Total Assets
$3.3B
$4.4B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RXO
RXO
TER
TER
Q1 26
$21.0M
$241.9M
Q4 25
$17.0M
$293.8M
Q3 25
$25.0M
$272.7M
Q2 25
$18.0M
$339.3M
Q1 25
$16.0M
$475.6M
Q4 24
$35.0M
$553.4M
Q3 24
$55.0M
$510.0M
Q2 24
$7.0M
$421.9M
Total Debt
RXO
RXO
TER
TER
Q1 26
$17.0M
$0
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
Stockholders' Equity
RXO
RXO
TER
TER
Q1 26
$1.5B
Q4 25
$1.5B
$2.8B
Q3 25
$1.6B
$2.7B
Q2 25
$1.6B
$2.8B
Q1 25
$1.6B
$2.8B
Q4 24
$1.6B
$2.8B
Q3 24
$1.7B
$2.9B
Q2 24
$579.0M
$2.7B
Total Assets
RXO
RXO
TER
TER
Q1 26
$3.3B
$4.4B
Q4 25
$3.3B
$4.2B
Q3 25
$3.2B
$4.0B
Q2 25
$3.2B
$3.8B
Q1 25
$3.3B
$3.7B
Q4 24
$3.4B
$3.7B
Q3 24
$3.4B
$3.8B
Q2 24
$1.8B
$3.6B
Debt / Equity
RXO
RXO
TER
TER
Q1 26
0.01×
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×

Cash Flow & Capital Efficiency

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

Metric
RXO
RXO
TER
TER
Operating Cash FlowLast quarter
$-7.0M
$265.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RXO
RXO
TER
TER
Q1 26
$-7.0M
$265.1M
Q4 25
$7.0M
$281.6M
Q3 25
$23.0M
$49.0M
Q2 25
$23.0M
$182.1M
Q1 25
$-2.0M
$161.6M
Q4 24
$-7.0M
$282.6M
Q3 24
$-7.0M
$166.3M
Q2 24
$-5.0M
$216.1M
Free Cash Flow
RXO
RXO
TER
TER
Q1 26
Q4 25
$-9.0M
$218.8M
Q3 25
$9.0M
$2.4M
Q2 25
$9.0M
$131.7M
Q1 25
$-17.0M
$97.6M
Q4 24
$-19.0M
$225.2M
Q3 24
$-18.0M
$114.4M
Q2 24
$-16.0M
$171.2M
FCF Margin
RXO
RXO
TER
TER
Q1 26
Q4 25
-0.6%
20.2%
Q3 25
0.6%
0.3%
Q2 25
0.6%
20.2%
Q1 25
-1.2%
14.2%
Q4 24
-1.1%
29.9%
Q3 24
-1.7%
15.5%
Q2 24
-1.7%
23.5%
Capex Intensity
RXO
RXO
TER
TER
Q1 26
Q4 25
1.1%
5.8%
Q3 25
1.0%
6.1%
Q2 25
1.0%
7.7%
Q1 25
1.0%
9.3%
Q4 24
0.7%
7.6%
Q3 24
1.1%
7.0%
Q2 24
1.2%
6.1%
Cash Conversion
RXO
RXO
TER
TER
Q1 26
0.66×
Q4 25
1.09×
Q3 25
0.41×
Q2 25
2.32×
Q1 25
1.63×
Q4 24
1.93×
Q3 24
1.14×
Q2 24
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RXO
RXO

Truck brokerage$1.1B77%
Complementary services (1)$388.0M27%

TER
TER

Segment breakdown not available.

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