QXO, Inc. (QXO)

QXO, Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,663	56.87	54.52	44.99	41.7	41.22
Revenue Growth (YoY)	8107.98%	4.32%	21.19%	7.88%	1.17%	7.06%
Cost of Revenue	3,482	33.94	32.9	27.02	24.49	24.64
Gross Profit	1,180	22.93	21.61	17.96	17.21	16.58
Selling, General & Admin	827.48	90.18	22.1	17.4	16.56	15.65
Operating Expenses	1,092	91.16	22.93	18.35	17.44	16.36
Operating Income	87.97	-68.23	-1.31	-0.39	-0.23	0.22
Interest Expense	-114.76	-0.06	-0.08	-0.09	-0.05	-0.01
Interest & Investment Income	164.87	121.87	0.02	-	-	-
Other Non Operating Income (Expenses)	3.1	-	-	-	-	0.01
EBT Excluding Unusual Items	141.18	53.58	-1.37	-0.47	-0.28	0.22
Gain (Loss) on Sale of Assets	-	-	-	-	0.25	-
Other Unusual Items	-48.47	-2.77	-	-	0.07	-
Pretax Income	-201.39	50.81	-1.37	-0.47	0.04	0.22
Income Tax Expense	-23.46	22.84	-0.3	-0.19	0.18	0.05
Earnings From Continuing Operations	-177.93	27.97	-1.07	-0.28	-0.13	0.18
Net Income	-177.93	27.97	-1.07	-0.28	-0.13	0.18
Preferred Dividends & Other Adjustments	101	51	-	-	-	-
Net Income to Common	-278.93	-23.03	-1.07	-0.28	-0.13	0.18
Net Income Growth	-	-	-	-	-	-97.41%
Shares Outstanding (Basic)	547	204	1	1	1	1
Shares Outstanding (Diluted)	547	204	1	1	1	1
Shares Change (YoY)	502.05%	30949.92%	1.72%	2.80%	11.67%	0.01%
EPS (Basic)	-0.51	-0.11	-1.63	-0.44	-0.21	0.31
EPS (Diluted)	-0.51	-0.11	-1.63	-0.44	-0.24	0.31
EPS Growth	-	-	-	-	-	-97.41%
Free Cash Flow	78.98	84.78	0.46	2	0.11	1.6
Free Cash Flow Per Share	0.14	0.42	0.70	3.10	0.18	2.85
Gross Margin	25.32%	40.32%	39.65%	39.93%	41.27%	40.22%
Operating Margin	1.89%	-119.97%	-2.40%	-0.86%	-0.55%	0.54%
Profit Margin	-5.98%	-40.49%	-1.96%	-0.63%	-0.32%	0.43%
Free Cash Flow Margin	1.69%	149.07%	0.85%	4.45%	0.27%	3.89%
EBITDA	353.09	-67.11	-0.31	0.73	0.65	0.93
EBITDA Margin	7.57%	-118.00%	-0.57%	1.63%	1.55%	2.25%
D&A For EBITDA	265.12	1.12	1	1.12	0.88	0.71
EBIT	87.97	-68.23	-1.31	-0.39	-0.23	0.22
EBIT Margin	1.89%	-119.97%	-2.40%	-0.86%	-0.55%	0.54%
Effective Tax Rate	-	44.96%	-	-	408.54%	21.25%
Revenue as Reported	56.87	56.87	54.52	44.99	41.7	41.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q