QXO, Inc.
QXONYSECIK 1236275Industrials / Industrial Distributionfiscal year ends December65 quarters since 2010
Latest quarter Q2 FY2026, filed August 14, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q3 FY2022 to Q2 FY2026, through the filing of August 14, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q2 FY2026 filed August 14, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 14, 2026 | Q1 FY2026ended Mar 31, 2026filed May 12, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 27, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 14, 2025 | Q1 FY2025ended Mar 31, 2025filed May 8, 2025 | Q4 FY2024ended Dec 31, 2024filed Mar 4, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 13, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,246 | 1,730 | 2,194 | 2,728 | 1,906 | 14 | 15 | 13 | +70.3% |
| Cost of revenue | 2,443 | 1,321 | 1,664 | 2,093 | 1,505 | 8 | 9 | 8 | +62.3% |
| Gross profit | 803 | 409 | 530 | 636 | 401 | 5 | 6 | 6 | +100.2% |
| Research and development | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 649 | 497 | 441 | 453 | 457 | 44 | 39 | 39 | +42.0% |
| Operating income | (42) | (252) | (69) | 26 | (163) | (39) | (33) | (34) | +74.2% |
| Other income (expense) | 3 | 3 | 2 | 1 | 2 | 0 | 0 | 0 | +50.0% |
| Pretax income | (77) | (280) | (107) | (10) | (237) | 17 | 28 | 23 | +67.5% |
| Income tax | (22) | (53) | (17) | 129 | (178) | 9 | 17 | 6 | +87.6% |
| Net income | (55) | (227) | (90) | (139) | (59) | 9 | 11 | 17 | +6.8% |
| Diluted EPS ($) | (0.14) | (0.35) | — | (0.24) | (0.15) | (0.03) | — | (0.01) | +6.7% |
| Diluted shares (millions) | 767 | 744 | — | 715 | 565 | 451 | — | 359 | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q2 FY2026 filed August 14, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 14, 2026 | Q1 FY2026ended Mar 31, 2026filed May 12, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 27, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 14, 2025 | Q1 FY2025ended Mar 31, 2025filed May 8, 2025 | Q4 FY2024ended Dec 31, 2024filed Mar 4, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 13, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,774 | 3,046 | 2,362 | 2,307 | 2,279 | 5,082 | 5,069 | 5,037 | +21.7% |
| Short-term investments | — | — | — | — | — | — | — | — | — |
| Total current assets | 10,348 | 6,457 | 5,546 | 6,215 | 6,495 | 5,104 | 5,090 | 5,056 | +59.3% |
| Total assets | 22,665 | 16,660 | 15,887 | 16,643 | 17,114 | 5,113 | 5,098 | 5,063 | +32.4% |
| Total current liabilities | 2,515 | 1,937 | 1,550 | 2,034 | 2,165 | 54 | 45 | 20 | +16.1% |
| Long-term debt | 6,029 | 3,059 | 3,057 | 3,053 | 3,052 | — | 0 | 0 | +97.6% |
| Total liabilities | 10,326 | 6,495 | 6,180 | 6,821 | 7,199 | 54 | 45 | 20 | +43.4% |
| Stockholders’ equity | 10,378 | 10,165 | 9,707 | 9,822 | 9,915 | 5,060 | 5,053 | 5,044 | +4.7% |
| Shares outstanding (millions) | — | — | — | — | — | — | — | — | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q2 FY2026 filed August 14, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 14, 2026 | Q1 FY2026ended Mar 31, 2026filed May 12, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 27, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 14, 2025 | Q1 FY2025ended Mar 31, 2025filed May 8, 2025 | Q4 FY2024ended Dec 31, 2024filed Mar 4, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 13, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | (217) | 71 | 187 | 213 | (174) | 37 | 54 | 32 | −24.1% |
| Capital expenditures | 32 | 23 | 28 | 30 | 20 | 0 | 0 | 0 | +58.3% |
| Free cash flow (CFO − capex) | (248) | 48 | 158 | 183 | (194) | 36 | 54 | 32 | −27.6% |
| Depreciation and amortization | 56 | 47 | 41 | 40 | 27 | 0 | withheld | withheld | +107.4% |
| Share repurchases | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | 0 | 0 | — | — | 0 | 0 | — |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed February 27, 2026.
Income statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 27, 2026 | FY2024ended Dec 31, 2024filed Mar 4, 2025 | FY2023ended Dec 31, 2023filed Mar 14, 2024 | FY2022ended Dec 31, 2022filed Feb 28, 2023 | FY2021ended Dec 31, 2021filed Mar 29, 2022 | FY2020ended Dec 31, 2020filed Mar 25, 2021 | FY2019ended Dec 31, 2019filed Mar 26, 2020 | FY2018ended Dec 31, 2018filed Mar 28, 2019 | FY2017ended Dec 31, 2017filed Mar 26, 2018 | FY2016ended Dec 31, 2016filed Mar 24, 2017 | FY2015ended Dec 31, 2015filed Mar 30, 2016 | FY2014ended Dec 31, 2014filed Mar 31, 2015 | FY2013ended Dec 31, 2013filed Mar 31, 2014 | FY2012ended Dec 31, 2012filed Mar 29, 2013 | FY2011ended Dec 31, 2011filed Mar 29, 2012 | FY2010ended Dec 31, 2010filed Aug 4, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,842 | 57 | 55 | 45 | 42 | 41 | 39 | 36 | 35 | 34 | 28 | 21 | 17 | 13 | 11 | 7 |
| Cost of revenue | 5,270 | 34 | 33 | 27 | 24 | 25 | 24 | 22 | 21 | 21 | 17 | 13 | 11 | 8 | 6 | 5 |
| Gross profit | 1,573 | 23 | 22 | 18 | 17 | 17 | 15 | 14 | 14 | 13 | 11 | 9 | 7 | 5 | 4 | 3 |
| Research and development | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 1,395 | 93 | 22 | 9 | 9 | 8 | 9 | 8 | 7 | 6 | 6 | 4 | 3 | 3 | 4 | 2 |
| Operating income | (245) | (71) | (1) | 0 | 0 | 0 | (2) | (1) | 1 | 1 | 0 | 0 | 0 | (1) | 0 | (1) |
| Other income (expense) | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| Pretax income | (337) | 51 | (1) | 0 | 0 | 0 | (2) | (1) | 1 | 1 | 0 | 0 | 0 | (1) | 3 | (1) |
| Income tax | (58) | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | (2) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | (279) | 28 | (1) | 0 | 0 | 0 | 7 | 0 | 0 | 3 | 0 | 0 | 0 | (1) | 3 | 0 |
| Diluted EPS ($) | (0.63) | (0.11) | (1.63) | (0.05) | (0.03) | 0.04 | 1.51 | 0.06 | (0.11) | 0.77 | 0.09 | 0.05 | 0.08 | (0.01) | 0.02 | (0.13) |
| Diluted shares (millions) | 613 | 204 | 657* | 5,167* | 5,026* | 4,501* | 4,501* | 4,500* | 4,489* | 4,473* | 4,318* | 3,943* | 3,902* | 115 | 106 | 3,619* |
Balance sheet
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 27, 2026 | FY2024ended Dec 31, 2024filed Mar 4, 2025 | FY2023ended Dec 31, 2023filed Mar 14, 2024 | FY2022ended Dec 31, 2022filed Feb 28, 2023 | FY2021ended Dec 31, 2021filed Mar 29, 2022 | FY2020ended Dec 31, 2020filed Mar 25, 2021 | FY2019ended Dec 31, 2019filed Mar 26, 2020 | FY2018ended Dec 31, 2018filed Mar 28, 2019 | FY2017ended Dec 31, 2017filed Mar 26, 2018 | FY2016ended Dec 31, 2016filed Mar 24, 2017 | FY2015ended Dec 31, 2015filed Mar 30, 2016 | FY2014ended Dec 31, 2014filed Mar 31, 2015 | FY2013ended Dec 31, 2013filed Mar 31, 2014 | FY2012ended Dec 31, 2012filed Mar 29, 2013 | FY2011ended Dec 31, 2011filed Mar 29, 2012 | FY2010ended Dec 31, 2010filed Aug 4, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,362 | 5,069 | 6 | 8 | 7 | 7 | 9 | 2 | 2 | 2 | 1 | 1 | 1 | 0 | 0 | 0 |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 5,546 | 5,090 | 12 | 14 | 11 | 9 | 13 | 5 | 5 | 5 | 5 | 4 | 3 | 2 | 1 | 1 |
| Total assets | 15,887 | 5,098 | 20 | 21 | 18 | 16 | 19 | 12 | 10 | 11 | 8 | 5 | 4 | 3 | 2 | 1 |
| Total current liabilities | 1,550 | 45 | 12 | 11 | 7 | 7 | 9 | 6 | 6 | 5 | 6 | 5 | 4 | 4 | — | — |
| Long-term debt | 3,057 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | — | — |
| Total liabilities | 6,180 | 45 | 13 | 12 | 9 | 9 | 10 | 7 | 6 | 6 | 7 | 5 | 4 | 4 | 2 | 6 |
| Stockholders’ equity | 9,707 | 5,053 | 8 | 10 | 9 | 7 | 9 | 4 | — | — | — | — | — | (1) | (1) | (5) |
| Shares outstanding (millions) | — | — | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 118 | 117 | 116 | — |
Cash flow statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 27, 2026 | FY2024ended Dec 31, 2024filed Mar 4, 2025 | FY2023ended Dec 31, 2023filed Mar 14, 2024 | FY2022ended Dec 31, 2022filed Feb 28, 2023 | FY2021ended Dec 31, 2021filed Mar 29, 2022 | FY2020ended Dec 31, 2020filed Mar 25, 2021 | FY2019ended Dec 31, 2019filed Mar 26, 2020 | FY2018ended Dec 31, 2018filed Mar 28, 2019 | FY2017ended Dec 31, 2017filed Mar 26, 2018 | FY2016ended Dec 31, 2016filed Mar 24, 2017 | FY2015ended Dec 31, 2015filed Mar 30, 2016 | FY2014ended Dec 31, 2014filed Mar 31, 2015 | FY2013ended Dec 31, 2013filed Mar 31, 2014 | FY2012ended Dec 31, 2012filed Mar 29, 2013 | FY2011ended Dec 31, 2011filed Mar 29, 2012 | FY2010ended Dec 31, 2010filed Aug 4, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 261 | 85 | 1 | 2 | 0 | 2 | — | 1 | 2 | 2 | 0 | 1 | 1 | 0 | 1 | 0 |
| Capital expenditures | 78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow (CFO − capex) | 183 | 85 | 0 | 2 | 0 | 2 | — | 1 | 2 | 2 | 0 | 1 | 1 | 0 | 1 | 0 |
| Depreciation and amortization | 108 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Dividends paid | 0 | 17 | 1 | 0 | 3 | 4 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 3, 2024 to November 3, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 15, 2026 | West Kenneth J | President and COO | option exercise | 218,531 | $0.00 | — | 218,531 | Oct 19, 2026 |
| Oct 15, 2026 | West Kenneth J | President and COO | tax withholding | 99,256 | $10.33 | $1M | 119,275 | Oct 19, 2026 |
| Jul 1, 2026 | Covington Alec C | Director | award | 150,368 | — | — | 150,368 | Jul 2, 2026 |
| Jul 1, 2026 | Covington Alec C | Director | award | 3,494 | — | — | 153,862 | Jul 2, 2026 |
| May 5, 2026 | Colucci Marlene M | Director | option exercise | 12,111 | $0.00 | — | 26,634 | May 7, 2026 |
| May 5, 2026 | Landry Allison | Director | option exercise | 12,111 | $0.00 | — | 32,105 | May 7, 2026 |
| May 5, 2026 | Kushner Jared Corey | Director | option exercise | 12,111 | $0.00 | — | 26,634 | May 7, 2026 |
| May 5, 2026 | Kissel Mary E. | Director | option exercise | 12,111 | $0.00 | — | 37,575 | May 7, 2026 |
| May 5, 2026 | Harik Mario A | Director | option exercise | 12,111 | $0.00 | — | 26,634 | May 7, 2026 |
| May 5, 2026 | Aiken Jason W | Director | option exercise | 12,111 | $0.00 | — | 26,634 | May 7, 2026 |
| Jan 15, 2026 | Signorello Christopher J. | Chief Legal Officer | option exercise | 46,406 | $0.00 | — | 172,806 | Jan 20, 2026 |
| Jan 15, 2026 | Signorello Christopher J. | Chief Legal Officer | tax withholding | 21,902 | $25.52 | $559K | 150,904 | Jan 20, 2026 |
| Jan 15, 2026 | Bradley S Jacobs | Chief Executive Officer, Director, 10% owner | option exercise | 2M | $0.00 | — | 2M | Jan 20, 2026 |
| Jan 15, 2026 | Bradley S Jacobs | Chief Executive Officer, Director, 10% owner | tax withholding | 928,239 | $25.52 | $24M | 1M | Jan 20, 2026 |
| Jan 15, 2026 | Essaid Ihsan | Chief Financial Officer | option exercise | 319,920 | $0.00 | — | 497,532 | Jan 20, 2026 |
| Jan 15, 2026 | Essaid Ihsan | Chief Financial Officer | tax withholding | 148,650 | $25.52 | $4M | 348,882 | Jan 20, 2026 |
| Dec 31, 2025 | Smith Sean Christopher | SEE REMARKS | tax withholding | 61,404 | $21.04 | $1M | 121,993 | Jan 5, 2026 |
| Dec 31, 2025 | Smith Sean Christopher | SEE REMARKS | option exercise | 156,044 | $0.00 | — | 183,397 | Jan 5, 2026 |
| Dec 31, 2025 | Signorello Christopher J. | Chief Legal Officer | tax withholding | 7,760 | $21.04 | $163K | 126,400 | Jan 5, 2026 |
| Dec 31, 2025 | Signorello Christopher J. | Chief Legal Officer | option exercise | 24,750 | $0.00 | — | 134,160 | Jan 5, 2026 |
| Dec 31, 2025 | Essaid Ihsan | Chief Financial Officer | tax withholding | 58,923 | $21.04 | $1M | 177,612 | Jan 5, 2026 |
| Dec 31, 2025 | Essaid Ihsan | Chief Financial Officer | option exercise | 127,125 | $0.00 | — | 236,535 | Jan 5, 2026 |
| Dec 31, 2025 | Bradley S Jacobs | Chief Executive Officer, Director, 10% owner | tax withholding | 266,467 | $21.04 | $6M | 308,434 | Jan 5, 2026 |
| Dec 31, 2025 | Bradley S Jacobs | Chief Executive Officer, Director, 10% owner | option exercise | 574,901 | $0.00 | — | 574,901 | Jan 5, 2026 |
| May 12, 2025 | Kushner Jared Corey | Director | option exercise | 14,523 | $0.00 | — | 14,523 | May 14, 2025 |
Full insider history for QXO, Inc., or insider activity across all companies. A record of filings, not a recommendation.
Sources
Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- QXO, INC., CIK 1236275 on EDGAR
- Extract generated
- November 4, 2026
- Withheld
- 12 line-years whose four quarters do not sum to the filed year: depreciation amortization FY2012, opex sga FY2012, depreciation amortization FY2013, cost of revenue FY2018, gross profit FY2018, operating income FY2018, opex sga FY2018, pretax income FY2018, revenue FY2018, depreciation amortization FY2023, opex sga FY2023, depreciation amortization FY2024
- Repaired
- 6 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: net income FY2014, operating income FY2014, pretax income FY2014, net income FY2015, operating income FY2015, pretax income FY2015
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerExcludingAssessedTax, Revenues, SalesRevenueNetCostOfGoodsAndServicesSold, CostOfRevenueGrossProfitGeneralAndAdministrativeExpense, SellingGeneralAndAdministrativeExpenseOperatingIncomeLossNonoperatingIncomeExpense, OtherNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncomeTaxExpenseBenefitNetIncomeLoss, NetIncomeLossAvailableToCommonStockholdersBasicEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtNoncurrentLiabilitiesStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquireProductiveAssets, PaymentsToAcquirePropertyPlantAndEquipmentDepreciationAndAmortization, DepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockPaymentsOfDividends, PaymentsOfDividendsCommonStockThe data
The statements on this page as files, generated November 4, 2026.
- JSON file
/data/financials/QXO.json