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QXO, Inc. (QXO) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · INDUSTRIAL DISTRIBUTION · DATA UPDATED 2026-09-19

QXO, Inc. (QXO) operates in the INDUSTRIAL DISTRIBUTION industry and is headquartered in Greenwich, United States with about 7,794 employees. Its market capitalization is roughly $12 billion. In the fiscal year ended 2025-12-31, QXO reported $6.8B in revenue and ($279M) in net income.

QXO, Inc. distributes roofing, waterproofing and complementary building products in the United States and Canada.

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QXO Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$9.9B$6.8B$57M$55M$45M$42M$41M$39M$36M$35M$34M$28M$21M$17M$13M$11M$7M$7M$8M$7M$7M
Gross Profit$1.1B$23M$22M$18M$17M$17M$15M$13M$13M$12M$11M$9M$7M$5M$4M$3M$3M$2M$2M$2M
Gross Margin %16.8%40.3%39.6%39.9%41.3%40.2%38.1%36.6%38.0%35.3%39.2%39.9%38.8%39.0%41.8%37.3%38.5%31.5%30.6%35.0%
Operating Income (EBIT)($226M)($57M)($71M)($1M)$0M$0M$0M($2M)($1M)$1M$1M$0M$0M$0M($1M)$0M($1M)$0M($1M)($1M)($1M)
Operating Margin %-2.3%-0.8%-124.8%-2.4%-0.9%-0.5%0.5%-5.0%-3.2%2.7%3.7%1.3%2.2%1.5%-8.6%2.5%-12.5%-3.4%-7.5%-13.7%-15.6%
Net Income($511M)($279M)$28M($1M)$0M$0M$0M$7M$0M$0M$3M$0M$0M$0M($1M)$3M$0M($2M)($1M)($2M)($2M)
Net Margin %-5.2%-4.1%49.2%-2.0%-0.6%-0.3%0.4%17.6%0.7%-1.4%10.1%1.4%0.9%1.8%-9.4%24.9%-6.3%-20.8%-19.2%-21.9%-35.2%
EBITDA$260M$52M$0M$1M$1M$1M($1M)($1M)$2M$2M$1M$1M$1M($1M)$3M$0M($1M)($1M)$0M($1M)
Earnings Per Share (EPS)$-0.77$-0.46$0.07$-0.00$-0.00$-0.00$0.00$0.02$0.00$-0.00$0.01$0.69$0.39$0.66$-2.57$5.94$-31.10$-142.47$-169.68$-665.84$-2.00
Shares Outstanding (M)613M408M329M323M314M281M281M281M281M1M0M0M0M0M0M0M0M0M1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QXO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$3.2B$1.7B$2.2B$2.7B$1.9B$14M$15M$13M$14M
Gross Profit$245M$372M$478M$295M$5M$6M$5M$6M
Gross Margin %14.2%16.9%17.5%15.5%38.0%41.0%41.4%40.0%
Operating Income (EBIT)($42M)($205M)($39M)$60M($162M)($39M)($33M)($34M)($4M)
Operating Margin %-1.3%-11.8%-1.8%2.2%-8.5%-290.8%-224.5%-257.1%-29.7%
Net Income($55M)($227M)($90M)($139M)($58M)$9M$11M$17M($1M)
Net Margin %-1.7%-13.1%-4.1%-5.1%-3.1%64.8%76.6%130.8%-4.1%
EBITDA($60M)$87M$209M($99M)$18M$89M$23M$0M
Earnings Per Share (EPS)$-0.14$-0.31$-0.13$-0.19$-0.10$0.02$0.03$0.05$-0.00
Shares Outstanding (M)744M716M715M565M451M451M359M332M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QXO Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$253M$261M$85M$1M$2M$0M$2M$0M$1M$2M$2M$0M$1M$1M$0M$1M$0M$0M$1M($1M)($1M)
Capital Expenditures (CapEx)$112M$78M$0M$0M$0M$0M$0M$0M$0M$1M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M
Free Cash Flow (FCF)$140M$183M$85M$0M$2M$0M$2M($1M)$1M$2M$1M$0M$1M$1M$0M$1M$0M$0M$1M($1M)($1M)
FCF Margin %1.4%2.7%149.1%0.9%4.5%0.3%3.9%-1.4%2.5%4.5%3.8%0.2%4.2%4.1%2.2%8.2%-0.9%-5.2%7.0%-8.8%-16.4%
Dividends Paid$105M$50M$1M$0M$3M$4M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QXO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)($217M)$71M$187M$212M($174M)$37M$54M$32M($1M)
Capital Expenditures (CapEx)$32M$22M$28M$30M$19M$1M$0M$0M$0M
Free Cash Flow (FCF)($248M)$48M$158M$182M($193M)$36M$54M$32M($1M)
FCF Margin %-7.6%2.8%7.2%6.7%-10.1%264.3%365.8%240.2%-7.2%
Dividends Paid$30M$30M$29M$22M$22M$22M$10M$17M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

QXO Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$22.7B$15.9B$5.1B$20M$21M$18M$16M$19M$12M$10M$11M$8M$5M$4M$3M$2M$1M$1M$1M$2M$2M
Cash & Cash Equivalents$2.8B$2.4B$5.1B$6M$8M$7M$7M$9M$2M$2M$2M$1M$1M$1M$0M$0M$0M$0M$0M$0M$0M
Total Liabilities$12.3B$6.2B$45M$13M$12M$9M$9M$10M$7M$6M$6M$7M$5M$4M$4M$2M$6M$6M$7M$6M$6M
Total Debt (Short + Long-Term)$7.0B$3.2B$0M$2M$2M$2M$2M$1M$1M$0M$0M$0M$0M$0M$0M$0M$1M$2M$4M$2M$1M
Total Shareholders' Equity$10.4B$9.7B$5.1B$7M$10M$9M$7M$9M$4M$4M$5M$2M$0M$0M($1M)($1M)($5M)($5M)($5M)($4M)($4M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive QXO viewer.

QXO Metric Deep Dives

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