QXO, Inc. (QXO)

NYSE: QXO · Real-Time Price · USD

12.05

+0.36 (3.08%)

At close: Oct 1, 2026, 4:00 PM EDT

12.12

+0.07 (0.55%)

After-hours: Oct 1, 2026, 7:52 PM EDT

QXO, Inc. Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	9,898	6,842	56.9	54.52	44.99	41.7
Revenue Growth	408.15%	11924.96%	4.37%	21.19%	7.88%	1.17%
Gross Profit	2,429	1,704	23.1	21.61	17.96	17.21
Operating Income	-90.3	74.7	-55.4	-1.31	-0.39	-0.23
Net Income	-656.3	-388.3	-23	-1.07	-0.28	-0.13
Earnings Per Share	-0.89	-0.63	-0.11	-1.63	-0.44	-0.24
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Residential Roofing Products	4,441	3,307	-
Non-residential Roofing Products	2,548	1,884	-
Complementary Building Products	2,849	1,593	-
Software Products and Services	59.7	58.5	56.9
Revenue (Total)	9,899	6,842	56.9

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,774	2,362	5,069	6.14	8.01	6.81
Total Debt	7,037	3,915	0.6	2.62	2.4	2.29
Net Cash (Debt)	-4,263	-1,553	5,068	3.52	5.61	4.53
Net Cash Growth	-	-	143711.01%	-37.17%	23.89%	27.23%
Net Cash Per Share	-5.79	-2.53	24.84	5.36	8.68	7.21

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	253.4	261.4	84.8	0.58	2.04	0.23
Capital Expenditures	-112.2	-78.2	-0.1	-0.12	-0.04	-0.11
Free Cash Flow	141.2	183.2	84.7	0.46	2	0.11
Free Cash Flow Growth	-	116.29%	18193.74%	-76.85%	1697.07%	-93.06%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	24.54%	24.91%	40.60%	39.65%	39.93%	41.27%
Operating Margin	-0.91%	1.09%	-97.36%	-2.40%	-0.86%	-0.55%
Pretax Margin	-4.80%	-4.93%	89.28%	-2.51%	-1.05%	0.10%
Profit Margin	-6.63%	-5.67%	-40.42%	-1.96%	-0.63%	-0.32%
FCF Margin	1.43%	2.68%	148.86%	0.85%	4.45%	0.27%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	25.42	50.99	117.78	9.83	9.83	9.83
P/FCF Ratio	88.54	71.01	76.86	194.24	7.60	206.33
PS Ratio	1.26	1.90	114.41	1.65	0.34	0.55