I could not find any report options. I ran into a blatant hacker who wasn’t missing headshots and had a 95% accuracy at the end of the match. Spent about 5 minutes looking for the report option.
There isn’t an in-game report function, but you can report players by submitting a ticket over at Halo Waypoint’s Support website with any evidence you have.
It appears you also need to know that the player broke the Xbox Community Standards due to Microsoft policy that false reports will eventually be considered a sort of cry wolf scenario and negatively impact you.