QXO revenue and financials

QXO · NASDAQ · USD

$11.30Change from previous close: −6.68%Absolute change: −$0.81

Close · October 7, 2026

In the fiscal year ended December 2025, QXO reported revenue of $6.84B (+11,924.96% year over year). The net loss was $279.4M.

Annual revenue · 2025: $6.84B
  1. $41.7M2021
  2. $44.99M2022
  3. $54.52M2023
  4. $56.9M2024
  5. $6.84B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+11,924.96%
2025 vs 2024
Net margin
-4.1%
2024: 49.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets22,66516,66015,88716,64317,1145,1135,0985,06398820.920.518.4
Current assets10,3486,4575,5466,2156,4955,1045,0905,05698012.511.811.0
Cash and equivalents2,7743,0462,3622,3072,2795,0825,0695,0379716.36.16.9
Receivables2,3581,6471,6042,1582,2673.22.72.73.03.33.03.0
Inventory2,0721,6681,4971,6641,850———————
Net property, plant and equipment1,6491,3291,3781,3881,4440.70.70.80.90.91.00.9
Goodwill6,2115,1295,1115,0715,1381.21.21.21.11.11.11.1
Other intangible assets4,4023,7053,8193,9384,0044.54.04.24.54.74.93.8
Current liabilities2,5151,9371,5502,0342,16553.645.119.515.812.011.510.6
Accounts payable1,5051,1718191,2781,4275.86.23.96.24.94.63.5
Long-term debt6,0403,0593,0573,0963,251———0.70.81.00.4
Total debt7,0373,9033,9153,9544,115———————
Total liabilities10,3266,4956,1816,8217,19953.845.419.917.013.213.011.3
Total equity (incl. minority)12,33910,1659,7079,8229,9155,0595,0535,0449717.67.57.1
Retained earnings-761-652-395-274-104-20.0-6.25.0-2.4-1.8-1.9-2.4