QXO, Inc. (QXO)

QXO, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	56.87	54.52	44.99	41.7	41.22
Revenue Growth (YoY)	4.32%	21.19%	7.88%	1.17%	7.06%
Cost of Revenue	33.94	32.9	27.02	24.49	24.64
Gross Profit	22.93	21.61	17.96	17.21	16.58
Selling, General & Admin	90.18	22.1	17.4	16.56	15.65
Operating Expenses	91.16	22.93	18.35	17.44	16.36
Operating Income	-68.23	-1.31	-0.39	-0.23	0.22
Interest Expense	-0.06	-0.08	-0.09	-0.05	-0.01
Interest & Investment Income	121.87	0.02	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	0.01
EBT Excluding Unusual Items	53.58	-1.37	-0.47	-0.28	0.22
Gain (Loss) on Sale of Assets	-	-	-	0.25	-
Other Unusual Items	-2.77	-	-	0.07	-
Pretax Income	50.81	-1.37	-0.47	0.04	0.22
Income Tax Expense	22.84	-0.3	-0.19	0.18	0.05
Earnings From Continuing Operations	27.97	-1.07	-0.28	-0.13	0.18
Net Income	27.97	-1.07	-0.28	-0.13	0.18
Preferred Dividends & Other Adjustments	51	-	-	-	-
Net Income to Common	-23.03	-1.07	-0.28	-0.13	0.18
Net Income Growth	-	-	-	-	-97.41%
Shares Outstanding (Basic)	204	1	1	1	1
Shares Outstanding (Diluted)	204	1	1	1	1
Shares Change (YoY)	30949.92%	1.72%	2.80%	11.67%	0.01%
EPS (Basic)	-0.11	-1.63	-0.44	-0.21	0.31
EPS (Diluted)	-0.11	-1.63	-0.44	-0.24	0.31
EPS Growth	-	-	-	-	-97.41%
Free Cash Flow	84.78	0.46	2	0.11	1.6
Free Cash Flow Per Share	0.42	0.70	3.10	0.18	2.85
Gross Margin	40.32%	39.65%	39.93%	41.27%	40.22%
Operating Margin	-119.97%	-2.40%	-0.86%	-0.55%	0.54%
Profit Margin	-40.49%	-1.96%	-0.63%	-0.32%	0.43%
Free Cash Flow Margin	149.07%	0.85%	4.45%	0.27%	3.89%
EBITDA	-67.11	-0.31	0.73	0.65	0.93
EBITDA Margin	-118.00%	-0.57%	1.63%	1.55%	2.25%
D&A For EBITDA	1.12	1	1.12	0.88	0.71
EBIT	-68.23	-1.31	-0.39	-0.23	0.22
EBIT Margin	-119.97%	-2.40%	-0.86%	-0.55%	0.54%
Effective Tax Rate	44.96%	-	-	408.54%	21.25%
Revenue as Reported	56.87	54.52	44.99	41.7	41.22

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q