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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,948	56.87	54.52	44.99	41.7	41.22
Revenue Growth (YoY)	3309.07%	4.32%	21.19%	7.88%	1.17%	7.06%
Cost of Revenue	1,449	33.94	32.9	27.02	24.49	24.64
Gross Profit	498.73	22.93	21.61	17.96	17.21	16.58
Selling, General & Admin	430.88	90.18	22.1	17.4	16.56	15.65
Operating Expenses	538.56	91.16	22.93	18.35	17.44	16.36
Operating Income	-39.83	-68.23	-1.31	-0.39	-0.23	0.22
Interest Expense	-52.46	-0.06	-0.08	-0.09	-0.05	-0.01
Interest & Investment Income	197.27	121.87	0.02	-	-	-
Other Non Operating Income (Expenses)	1.7	-	-	-	-	0.01
EBT Excluding Unusual Items	106.68	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	-167.59	50.81	-1.37	-0.47	0.04	0.22
Income Tax Expense	-146.26	22.84	-0.3	-0.19	0.18	0.05
Earnings From Continuing Operations	-21.33	27.97	-1.07	-0.28	-0.13	0.18
Net Income	-21.33	27.97	-1.07	-0.28	-0.13	0.18
Preferred Dividends & Other Adjustments	93.1	51	-	-	-	-
Net Income to Common	-114.43	-23.03	-1.07	-0.28	-0.13	0.18
Net Income Growth	-	-	-	-	-	-97.41%
Shares Outstanding (Basic)	458	204	1	1	1	1
Shares Outstanding (Diluted)	458	204	1	1	1	1
Shares Change (YoY)	67379.44%	30949.92%	1.72%	2.80%	11.67%	0.01%
EPS (Basic)	-0.25	-0.11	-1.63	-0.44	-0.21	0.31
EPS (Diluted)	-0.25	-0.11	-1.63	-0.44	-0.24	0.31
EPS Growth	-	-	-	-	-	-97.41%
Free Cash Flow	-71.82	84.78	0.46	2	0.11	1.6
Free Cash Flow Per Share	-0.16	0.42	0.70	3.10	0.18	2.85
Gross Margin	25.61%	40.32%	39.65%	39.93%	41.27%	40.22%
Operating Margin	-2.04%	-119.97%	-2.40%	-0.86%	-0.55%	0.54%
Profit Margin	-5.88%	-40.49%	-1.96%	-0.63%	-0.32%	0.43%
Free Cash Flow Margin	-3.69%	149.07%	0.85%	4.45%	0.27%	3.89%
EBITDA	67.99	-67.11	-0.31	0.73	0.65	0.93
EBITDA Margin	3.49%	-118.00%	-0.57%	1.63%	1.55%	2.25%
D&A For EBITDA	107.82	1.12	1	1.12	0.88	0.71
EBIT	-39.83	-68.23	-1.31	-0.39	-0.23	0.22
EBIT Margin	-2.04%	-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 Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q