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	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,648	9,763	54.52	44.99	41.7	41.22
Revenue Growth (YoY)	8086.49%	17808.54%	21.19%	7.88%	1.17%	7.06%
Cost of Revenue	3,605	7,258	32.9	27.02	24.49	24.64
Gross Profit	1,038	2,505	21.61	17.96	17.21	16.58
Selling, General & Admin	953.72	1,638	22.1	35.74	34	32.01
Depreciation & Amortization Expenses	264.75	201.8	0.83	0.95	0.88	0.71
Total Operating Expenses	1,218	1,839	22.93	36.69	34.88	32.71
Operating Income	-175.59	665.4	-1.31	-0.39	-0.23	0.22
Total Non-Operating Income (Expense)	-53.95	179.7	-0.06	-0.09	0.27	0.01
Pretax Income	-229.53	485.7	-1.37	-0.47	0.04	0.22
Provision for Income Taxes	-40.39	124	-0.3	-0.19	0.18	0.05
Net Income	-189.15	723.4	-1.07	-0.28	-0.13	0.18
Net Income to Common	-189.15	723.4	-1.07	-0.28	-0.13	0.18
Net Income Growth	-	-	-	-	-	-97.41%
Shares Outstanding (Basic)	613	63	1	1	1	1
Shares Outstanding (Diluted)	613	64	1	1	1	1
Shares Change (YoY)	202.13%	9595.59%	-6.88%	12.29%	11.67%	0.01%
EPS (Basic)	-0.63	5.78	-1.63	-0.40	-0.24	0.32
EPS (Diluted)	-0.63	5.68	-1.63	-0.40	-0.24	0.32
Free Cash Flow	183.2	84.7	0.46	2	0.11	1.6
Free Cash Flow Growth	116.29%	18193.74%	-76.85%	1697.07%	-93.06%	-
Free Cash Flow Per Share	0.30	1.33	0.70	-	0.18	2.85
Gross Margin	22.32%	25.66%	39.65%	39.93%	41.26%	40.22%
Operating Margin	-3.78%	6.82%	-2.40%	-0.86%	-0.55%	0.54%
Profit Margin	-4.07%	3.70%	-1.96%	-0.63%	-0.32%	0.43%
FCF Margin	3.94%	0.87%	0.85%	4.45%	0.27%	3.89%
EBITDA	247.74	666.5	-0.31	0.73	0.65	0.93
EBITDA Margin	5.33%	6.83%	-0.57%	1.63%	1.55%	2.25%
EBIT	-175.59	665.4	-1.31	-0.39	-0.23	0.22
EBIT Margin	-3.78%	6.82%	-2.40%	-0.86%	-0.55%	0.54%
Effective Tax Rate	17.60%	25.53%	21.73%	40.51%	408.54%	21.25%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q