QXO, Inc. (QXO)

QXO, Inc. Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	8,559	6,842	56.9	54.52	44.99	41.7
Revenue Growth (YoY)	15211.27%	11924.96%	4.37%	21.19%	7.88%	1.17%
Cost of Revenue	6,582	5,270	33.8	32.9	27.02	24.49
Gross Profit	1,977	1,573	23.1	21.61	17.96	17.21
Selling, General & Admin	1,847	1,395	93	22.1	35.74	34
Depreciation & Amortization Expenses	587	423.1	1.1	0.83	0.95	0.88
Total Operating Expenses	2,434	1,818	94.1	22.93	36.69	34.88
Operating Income	-457.7	-245.2	-71	-1.31	-0.39	-0.23
Total Non-Operating Income (Expense)	-193.7	-91.9	121.8	-0.06	-0.09	0.27
Pretax Income	-634.6	-337.1	50.8	-1.37	-0.47	0.04
Provision for Income Taxes	-119.4	-57.7	22.8	-0.3	-0.19	0.18
Net Income	-515.2	-279.4	28	-1.07	-0.28	-0.13
Net Income to Common	-515.2	-279.4	28	-1.07	-0.28	-0.13
Shares Outstanding (Basic)	685	613	63	1	1	1
Shares Outstanding (Diluted)	685	613	64	1	1	1
Shares Change (YoY)	117.13%	862.32%	9595.59%	-6.88%	12.29%	11.67%
EPS (Basic)	-0.91	-0.63	5.78	-1.63	-0.40	-0.24
EPS (Diluted)	-0.91	-0.63	5.68	-1.63	-0.40	-0.24
Shares Outstanding	710.8	674.5	409.43	0.66	0.66	0.64
Free Cash Flow	194.95	183.2	84.7	0.46	2	0.11
Free Cash Flow Growth	6.41%	116.29%	18193.74%	-76.85%	1697.07%	-93.06%
Free Cash Flow Per Share	0.28	0.30	1.33	0.70	2.83	0.18
Gross Margin	23.09%	22.99%	40.60%	39.65%	39.93%	41.27%
Operating Margin	-5.35%	-3.58%	-124.78%	-2.40%	-0.86%	-0.55%
Profit Margin	-6.02%	-4.08%	49.21%	-1.96%	-0.63%	-0.32%
FCF Margin	2.28%	2.68%	148.86%	0.85%	4.45%	0.27%
EBITDA	129.34	177.9	-69.9	-0.31	0.73	0.65
EBITDA Margin	1.51%	2.60%	-122.85%	-0.57%	1.63%	1.55%
EBIT	-457.7	-245.2	-71	-1.31	-0.39	-0.23
EBIT Margin	-5.35%	-3.58%	-124.78%	-2.40%	-0.86%	-0.55%
Effective Tax Rate	18.82%	17.12%	44.88%	21.73%	40.51%	408.54%

Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q