QXO, Inc. Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,307	5,069	6.14	8.01	6.81	6.6
Cash & Short-Term Investments	2,307	5,069	6.14	8.01	6.81	6.6
Cash Growth	-54.20%	82408.61%	-23.29%	17.53%	3.32%	-23.83%
Accounts Receivable	1,562	2.74	2.97	2.6	2.21	1.63
Other Receivables	595.4	11.05	-	-	-	-
Receivables	2,158	13.79	2.97	2.6	2.21	1.63
Prepaid Expenses	83	3.79	2.68	1.57	1.69	0.4
Restricted Cash	3.8	3.5	-	-	-	-
Other Current Assets	-	-	-	1.52	-	-
Total Current Assets	6,215	5,090	11.8	13.7	10.71	8.63
Property, Plant & Equipment	1,388	0.7	1.03	1.04	1.6	1.9
Goodwill	5,071	1.16	1.14	1.14	1.01	1.01
Other Intangible Assets	3,938	4.02	4.92	4.27	3.49	3.13
Long-Term Deferred Tax Assets	-	2.6	1.44	1.11	0.99	1.04
Other Long-Term Assets	13.6	0.19	0.17	0.19	0.19	0.2
Total Assets	16,643	5,098	20.5	21.44	18	15.9
Accounts Payable	1,278	6.19	4.56	3.27	2.04	1.88
Accrued Expenses	601.2	35.69	2.68	2.46	1.77	1.35
Current Portion of Long-Term Debt	-	-	0.7	0.78	0.4	0.55
Current Portion of Leases	155.3	0.32	0.42	0.48	0.63	0.6
Current Income Taxes Payable	-	-	-	-	0.07	0.32
Current Unearned Revenue	-	2.9	3.16	3.76	2.48	2.04
Total Current Liabilities	2,034	45.1	11.52	10.75	7.39	6.73
Long-Term Debt	3,096	-	0.99	0.67	0.57	0.94
Long-Term Leases	703.2	0.26	0.51	0.46	0.69	0.95
Other Long-Term Liabilities	25.4	-	-	-	-	-
Total Liabilities	6,821	45.36	13.02	11.89	8.64	8.62
Common Stock	-	0	-	0	0	0
Additional Paid-In Capital	9,039	4,561	9.42	10.43	9.95	7.74
Retained Earnings	-273.9	-6.23	-1.95	-0.88	-0.59	-0.46
Total Common Equity	8,765	4,554	7.47	9.55	9.36	7.28
Shareholders' Equity	9,822	5,053	7.47	9.55	9.36	7.28
Total Liabilities & Equity	16,643	5,098	20.5	21.44	18	15.9
Total Debt	3,954	0.58	2.62	2.4	2.29	3.04
Net Cash (Debt)	-1,648	5,068	3.52	5.61	4.53	3.56
Net Cash Growth	-	143711.78%	-37.17%	23.89%	27.23%	-44.62%
Net Cash Per Share	-3.01	24.84	5.36	8.68	7.21	6.32
Filing Date Shares Outstanding	674.39	409.43	0.66	0.66	0.64	0.63
Total Common Shares Outstanding	674.3	409.43	0.66	0.66	0.64	0.56
Working Capital	4,181	5,044	0.27	2.95	3.32	1.9
Book Value Per Share	13.00	11.12	11.24	14.54	14.57	12.94
Tangible Book Value	-243.7	4,549	1.41	4.15	4.85	3.14
Tangible Book Value Per Share	-0.36	11.11	2.13	6.31	7.56	5.58
Machinery	283.1	4.2	3.94	2.57	2.53	2.19
Leasehold Improvements	123.3	0.1	0.17	0.17	0.17	0.17

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

SEC Filings: 10-K · 10-Q