| Schedule of Calculation of Basic and Diluted Loss Per Share |
The following table presents the calculation of basic and diluted loss per share of Class A common stock:
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Three months ended September 30, |
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Nine months ended September 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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Numerator: |
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Net loss attributable to XPO Inc. |
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$ |
(6,746 |
) |
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$ |
(18,149 |
) |
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$ |
(8,059 |
) |
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$ |
(36,242 |
) |
Less: net loss attributable to noncontrolling interests |
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2,419 |
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4,635 |
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3,879 |
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14,182 |
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Less: dividends on preferred shares |
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(1,898 |
) |
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(1,898 |
) |
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(5,694 |
) |
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(5,911 |
) |
Less: deemed contribution (dividend) |
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— |
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6,094 |
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— |
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— |
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Net loss attributable to XPO Inc. - basic and diluted |
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(6,225 |
) |
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(9,318 |
) |
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(9,874 |
) |
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(27,971 |
) |
Denominator: |
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Weighted average shares of Class A common stock outstanding - basic and diluted |
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35,110 |
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32,177 |
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34,669 |
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31,704 |
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Net loss per share attributable to Class A common stock - basic |
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$ |
(0.18 |
) |
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$ |
(0.29 |
) |
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$ |
(0.28 |
) |
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$ |
(0.88 |
) |
Net loss per share attributable to Class A common stock - diluted |
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$ |
(0.18 |
) |
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$ |
(0.29 |
) |
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$ |
(0.28 |
) |
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$ |
(0.88 |
) |
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Anti-dilutive shares excluded from diluted loss per share of Class A common stock: |
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Restricted stock units |
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1,834 |
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2,077 |
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1,834 |
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2,077 |
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Conversion of Class B common stock to Class A common stock |
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13,663 |
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16,016 |
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13,663 |
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16,016 |
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Convertible preferred stock |
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8,112 |
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8,112 |
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8,112 |
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8,112 |
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Treasury share options |
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75 |
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75 |
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75 |
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75 |
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Rumble contingent shares |
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2,024 |
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2,024 |
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2,024 |
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2,024 |
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