Three months ended March 31,

2026

2025

Numerator:

Net loss attributable to XPO Inc.

$

(820

)

$

(2,659

)

Less: net loss attributable to noncontrolling interests

95

1,304

Less: dividends on preferred shares

—

(1,898

)

Net loss attributable to XPO Inc. - basic and diluted

(725

)

(3,253

)

Denominator:

Weighted average shares of Class A common stock outstanding - basic and diluted

37,317

33,910

Net loss per share attributable to Class A common stock - basic

$

(0.02

)

$

(0.10

)

Net loss per share attributable to Class A common stock - diluted

$

(0.02

)

$

(0.10

)

Anti-dilutive shares excluded from diluted loss per share of Class A common stock:

Restricted stock units

2,499

1,718

Conversion of Class B common stock to Class A common stock

7,228

13,664

Convertible preferred stock

—

8,112

Treasury share options

75

75

Rumble contingent shares

2,024

2,024