QXO, Inc. (QXO) quarterly cash flow statement — complete operating, investing & financing history
QXO, Inc. (QXO) cash flow statement — 22-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -216.6M | 70.6M | 186.6M | 212.5M | -174.2M | 36.5M | 53.96M | 31.61M | -1.05M | 365K | -233.92K | 1.14M | 459.06K | -783.06K | 911.09K | 1.61M | -477.06K | -8.25K | -50.61K | 1.12M |
| Operating CF Margin % | -6.67% | 4.08% | 8.5% | 7.79% | -9.14% | 270.24% | 366% | 240.26% | -7.23% | 2.53% | -1.59% | 8.51% | 3.46% | -5.96% | 7.34% | 14.77% | -4.48% | -0.07% | -0.48% | 11.03% |
| Operating CF Growth % | -24.34% | 93.4% | 245.81% | 572.34% | -16514.4% | 9901.1% | 23167.91% | 2667.6% | -328.4% | 146.61% | -125.67% | -29.18% | 196.23% | -9396.26% | 1900.22% | 44.57% | -40.99% | 98.35% | -103.42% | 4899.78% |
| Net Income | -55M | -227.1M | -90.2M | -139.4M | -58.55M | 8.76M | 11.29M | 17.13M | -591K | 138K | 419.23K | -2.11M | 343.51K | 277.49K | -19.56K | -134.24K | -87.77K | -40.66K | -379.37K | -240.03K |
| Depreciation & Amortization | -59.2M | 164.2M | 158.3M | 157.5M | 107.02M | 278K | 271K | 137K | 356.53K | 276K | 114K | 49K | 336.38K | 353.62K | 349.01K | 381.98K | 375.19K | 649.65K | 485.53K | 252.76K |
| Stock-Based Compensation | 28.8M | 39.2M | 28.2M | 31.1M | 64.94M | 20.26M | 20.53M | 13.98M | 0 | 0 | 0 | 0 | -497 | 41.5K | 44.19K | 44.19K | 45.95K | 45.95K | 342.5K | 48.88K |
| Deferred Taxes | -21.7M | -53.3M | -85.3M | 2.8M | 21.9M | 0 | -1.16M | 171K | -240.54K | 70K | -102.06K | -456K | 138.42K | 81.58K | -120.36K | 18.44K | -15.28K | 2.09K | 0 | 0 |
| Other Non-Cash Items | 308M | 47.6M | 31M | 48.6M | 78.54M | 62K | 86K | 202K | 25.91K | 81K | 75K | 286K | -92.46K | 24.46K | 40K | 120K | 0 | 0 | -410.17K | -68.92K |
| Working Capital Changes | -417.5M | 100M | 144.6M | 111.9M | -388.05M | 7.15M | 22.95M | -21K | -599.42K | -200K | -740.08K | 3.37M | -266.29K | -1.56M | 617.81K | 1.18M | -795.15K | -665.27K | -89.1K | 1.12M |
| Change in Receivables | -485M | 300K | 526M | 93M | -656.48M | -517K | -525K | 779K | 93.92K | 307K | -195.07K | -326.96K | 666.16K | -593.16K | -904 | -167.97K | -207.59K | -172.59K | -397.29K | -209.96K |
| Change in Inventory | -183.1M | -183.9M | 125.9M | 177.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 332.8M | 379.2M | -503.1M | -135.4M | 312.46M | -357K | 2.33M | -2.33M | 1.32M | 310K | 1.06M | 681K | -26.01K | -425.99K | 726.44K | 603.44K | -131.27K | 35.92K | 656.54K | 238.75K |
| Cash from Investing | -2B | -19.5M | -25.9M | -29M | -10.57B | -805K | -38K | -2K | -1.48K | -61K | -324.51K | -51K | -19.02K | -4.98K | 0 | -8.19K | 0 | -180.55K | -245.63K | -47.01K |
| Capital Expenditures | -31.5M | -22.5M | -27.74M | -30.1M | -18.89M | -146K | -38K | -2K | -1.48K | -61K | -46.02K | -51K | -19.02K | -4.98K | 0 | -8.19K | 0 | -30.55K | 4.37K | -47.01K |
| CapEx % of Revenue | 0.97% | 1.3% | 1.26% | 1.1% | 0.99% | 1.08% | 0.26% | 0.02% | 0.01% | 0.42% | 0.31% | 0.38% | 0.14% | 0.04% | - | 0.07% | - | 0.28% | 0.04% | 0.46% |
| Acquisitions | -1.97B | 0 | 10.56B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150K | -150K | -500K | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1M | 3M | -10.55B | 1.1M | -10.56B | -659K | 0 | 0 | 0 | 0 | -278.49K | 0 | 0 | 0 | 0 | 0 | -150K | 0 | 250K | 0 |
| Cash from Financing | 4.94B | 633.9M | -105.8M | -155.1M | 7.95B | -22.53M | -22.53M | 4.04B | 966.05M | -169K | -178K | -1.34M | -186.19K | -344.81K | -134.61K | -245.93K | -135.7K | -138.89K | -141.88K | -3.24M |
| Debt Issued (Net) | 3B | -12.2M | -54.9M | -168M | 3.29B | -31K | -30K | -1.52M | -150.28K | -169K | -177.79K | -290K | -186.19K | -344.81K | -134.61K | -245.93K | -135.7K | -138.89K | -141.88K | -238.31K |
| Equity Issued (Net) | 2.04B | 721.3M | -100K | 23.8M | 4.79B | 0 | 2.16M | 4.05B | -45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76.44K |
| Dividends Paid | -53.6M | -30.4M | -30.4M | -29.4M | -22.5M | -22.5M | -22.5M | -9.75M | -17.4M | 0 | -1.05M | -1.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.08M |
| Share Repurchases | 0 | -28.1M | 0 | 0 | 0 | 0 | 45K | 0 | -45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -46.9M | -44.8M | -20.4M | 18.5M | -114.5M | 0 | -2.16M | -12K | 983.65M | 0 | 1.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -276.1M | 684.7M | 54.7M | 28.4M | -2.8B | 13.17M | 31.39M | 4.07B | 965M | 135K | -736.22K | -250K | 254.22K | -1.13M | 776.48K | 1.36M | -612.76K | -327.68K | -438.12K | -2.18M |
| Free Cash Flow | -248.1M | 48.1M | 158.2M | 182.4M | -193.1M | 35.7M | 53.92M | 31.6M | -1.05M | 304K | -279.94K | 1.09M | 440.04K | -788.04K | 911.09K | 1.6M | -477.06K | -38.79K | -46.24K | 1.07M |
| FCF Margin % | -7.64% | 2.78% | 7.21% | 6.69% | -10.13% | 264.28% | 365.75% | 240.24% | -7.24% | 2.11% | -1.9% | 8.13% | 3.32% | -6% | 7.34% | 14.7% | -4.48% | -0.35% | -0.44% | 10.57% |
| FCF Growth % | -28.48% | 34.74% | 193.39% | 477.14% | -18290.59% | 11643.09% | 19362.12% | 2796.79% | -338.61% | 138.58% | -130.73% | -32% | 192.24% | -1931.35% | 2070.26% | 50.16% | -16.22% | 92.25% | -103.18% | 2621.32% |
| FCF per Share | -0.32 | 0.06 | 0.22 | 0.25 | -0.34 | 0.08 | 0.12 | 0.09 | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| FCF Conversion (FCF/Net Income) | 3.94x | -0.31x | -2.07x | -1.52x | 2.98x | 4.17x | 4.78x | 1.84x | 1.75x | 2.64x | -0.56x | -0.54x | 1.33x | -2.82x | -46.58x | -12.01x | 5.44x | 0.20x | 0.13x | -4.65x |
| Interest Paid | 0 | 15.4M | 95.6M | 19.9M | 22.49M | 6K | 6K | 34K | 11.31K | 11.69K | -980 | -1K | 17.51K | 40.49K | -31.64K | 23.69K | 23.61K | 24.53K | 6.68K | 22.67K |
| Taxes Paid | 0 | 1.4M | 1M | 2.1M | 35.1M | 0 | 0 | 0 | -1K | 1K | 277.25K | 0 | 16.32K | 6.68K | 78.32K | 0 | 15.82K | 0 | 161.86K | -93.66K |