QXO revenue and financials
$11.21Change from previous close: −7.47%Absolute change: −$0.90
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.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,246 | 1,730 | 2,194 | 2,728 | 1,906 | 13.5 | 14.8 | 13.1 | 14.5 | 14.4 | 14.7 | 13.4 |
| Cost of revenue | 2,443 | 1,321 | 1,664 | 2,041 | 1,425 | 8.1 | 8.7 | 7.6 | 8.7 | 8.8 | 9.0 | 8.1 |
| Gross profit | 803 | 409 | 530 | 687 | 481 | 5.4 | 6.1 | 5.5 | 5.8 | 5.7 | 5.7 | 5.4 |
| Selling, general and administrative | 637 | 449 | 415 | 415 | 416 | 6.7 | 23.4 | 39.0 | 7.0 | 5.2 | 5.1 | 7.7 |
| Operating income | -30.0 | -204 | -43.7 | 115 | -42.0 | -1.6 | -17.6 | -33.7 | -1.5 | 0.2 | 0.4 | -2.6 |
| EBIT | -30.0 | -204 | -43.7 | 115 | -42.0 | -1.6 | -17.6 | -33.7 | -1.5 | 0.2 | 0.4 | -2.6 |
| EBITDA | 168 | -39.8 | 115 | 272 | 64.7 | -1.3 | -17.3 | -33.5 | -1.2 | 0.5 | 0.7 | -2.3 |
| Interest expense | 65.0 | 56.5 | 58.7 | 62.3 | 52.0 | 0.0 | — | — | — | 0.0 | 0.0 | 0.0 |
| Pre-tax income | -77.0 | -280 | -108 | -10.5 | -237 | 17.3 | 28.2 | 23.3 | -0.8 | 0.2 | 0.4 | -2.6 |
| Income tax | -22.0 | -53.2 | -17.3 | 129 | -178 | 8.5 | 16.9 | 6.1 | -0.2 | 0.1 | -0.0 | -0.5 |
| Net income | -55.0 | -227 | -90.2 | -139 | -59.0 | 8.8 | 11.3 | 17.2 | -0.6 | 0.1 | 0.4 | -2.1 |
| Net income to common shareholders | -109 | -258 | -121 | -170 | -85.0 | -13.7 | -11.2 | -5.3 | -6.6 | 0.1 | 0.4 | -2.1 |
| Basic EPS | -0.14 | -0.35 | -0.17 | -0.24 | -0.15 | -0.03 | -0.02 | -0.01 | -9.43 | 0.21 | 0.64 | -3.21 |
| Diluted EPS | -0.14 | -0.35 | -0.17 | -0.24 | -0.15 | -0.03 | -0.02 | -0.01 | -9.93 | 0.21 | 0.64 | -3.21 |
| Average shares (basic) | 767 | 744 | 717 | 715 | 565 | 451 | 451 | 359 | 0.7 | 0.7 | 0.7 | 0.7 |
| Average shares (diluted) | 767 | 744 | 717 | 715 | 565 | 451 | 451 | 359 | 0.7 | 0.7 | 0.7 | 0.7 |