QXO, Inc. (QXO) quarterly income statement — complete revenue, gross profit & net income history
QXO, Inc. (QXO) annual income statement — 22-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 3.25B | 1.73B | 2.19B | 2.73B | 1.91B | 13.51M | 14.74M | 13.15M | 14.5M | 14.44M | 14.71M | 13.42M | 13.26M | 13.13M | 12.41M | 10.92M | 10.64M | 11.02M | 10.48M | 10.11M |
| Revenue Growth % | 70.27% | 12708.71% | 14782.32% | 20639.64% | 13047.59% | -6.43% | 0.23% | -2% | 9.38% | 9.97% | 18.56% | 22.96% | 24.62% | 19.08% | 18.35% | 7.99% | 4% | 1.33% | -7.3% | -0.49% |
| Cost of Goods Sold | 2.44B | 1.49B | 1.82B | 2.25B | 1.61B | 8.37M | 8.71M | 7.71M | 8.7M | 8.78M | 9.21M | 8.15M | 8.07M | 7.77M | 7.71M | 6.73M | 6.51M | 6.32M | 6.23M | 6.17M |
| COGS % of Revenue | 75.26% | 85.83% | 83.06% | 82.47% | 84.54% | 61.99% | 59.05% | 58.63% | 60% | 60.81% | 62.6% | 60.7% | 60.89% | 59.19% | 62.12% | 61.64% | 61.2% | 57.32% | 59.44% | 61.03% |
| Gross Profit | 803M | 245.1M | 371.6M | 478.3M | 294.7M | 5.13M | 6.04M | 5.44M | 5.8M | 5.66M | 5.5M | 5.27M | 5.18M | 5.36M | 4.7M | 4.19M | 4.13M | 4.7M | 4.25M | 3.94M |
| Gross Margin % | 24.74% | 14.17% | 16.94% | 17.53% | 15.46% | 38.01% | 40.96% | 41.37% | 40% | 39.19% | 37.4% | 39.3% | 39.11% | 40.81% | 37.88% | 38.36% | 38.8% | 42.68% | 40.56% | 38.97% |
| Gross Profit Growth % | 172.48% | 4673.13% | 6054.36% | 8689.05% | 4981.03% | -9.24% | 9.77% | 3.17% | 11.86% | 5.61% | 17.03% | 25.95% | 25.63% | 13.87% | 10.55% | 6.31% | -3.36% | -0.88% | -10.23% | -2.78% |
| Operating Expenses | 845M | 450M | 410.2M | 417.8M | 456.8M | 44.42M | 39.14M | 39.27M | 10.1M | 5.43M | 5.08M | 4.85M | 4.73M | 4.99M | 4.87M | 4.31M | 4.21M | 4.72M | 4.89M | 4.23M |
| OpEx % of Revenue | 26.03% | 26.01% | 18.7% | 15.31% | 23.96% | 328.85% | 265.48% | 298.5% | 69.66% | 37.61% | 34.53% | 36.11% | 35.67% | 38% | 39.25% | 39.44% | 39.54% | 42.86% | 46.64% | 41.84% |
| Selling, General & Admin | 649M | 450M | 410.2M | 417.8M | 456.8M | 44.42M | 38.9M | 39.02M | 9.8M | 5.19M | 5.08M | 4.73M | 4.53M | 4.78M | 4.66M | 4.31M | 3.97M | 4.46M | 4.65M | 4M |
| SG&A % of Revenue | 19.99% | 26.01% | 18.7% | 15.31% | 23.96% | 328.85% | 263.83% | 296.64% | 67.59% | 35.95% | 34.53% | 35.21% | 34.13% | 36.41% | 37.55% | 39.44% | 37.32% | 40.48% | 44.35% | 39.59% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 243K | 245K | 300K | 240K | 0 | 121.05K | 204K | 207.79K | 210.07K | 0 | 236.52K | 261.85K | 240.3K | 226.76K |
| Operating Income | -42M | -204.9M | -38.6M | 60.5M | -162.1M | -39.29M | -33.1M | -33.83M | -4.3M | 228K | 421K | 427.45K | 456K | 369.54K | -168.81K | -117.61K | -79.25K | -19.72K | -637.87K | -290.3K |
| Operating Margin % | -1.29% | -11.84% | -1.76% | 2.22% | -8.5% | -290.84% | -224.52% | -257.13% | -29.66% | 1.58% | 2.86% | 3.18% | 3.44% | 2.81% | -1.36% | -1.08% | -0.74% | -0.18% | -6.08% | -2.87% |
| Operating Income Growth % | 74.09% | -421.56% | -16.61% | 278.86% | -3669.77% | -17330.7% | -7962.47% | -8013.44% | -1042.98% | -38.3% | 349.4% | 463.45% | 675.42% | 1974.3% | 73.54% | 59.49% | -138.86% | -104% | -232.78% | -419.92% |
| EBITDA | 154M | -40.7M | 119.7M | 218M | -55.1M | -39.01M | -32.83M | -33.58M | -3.98M | 504K | 682.13K | 664.72K | 792.38K | 723.16K | 180.2K | 264.37K | 295.94K | 629.93K | -152.34K | -37.54K |
| EBITDA Margin % | 4.74% | -2.35% | 5.46% | 7.99% | -2.89% | -288.77% | -222.68% | -255.23% | -27.42% | 3.49% | 4.64% | 4.95% | 5.98% | 5.51% | 1.45% | 2.42% | 2.78% | 5.71% | -1.45% | -0.37% |
| EBITDA Growth % | 379.49% | -4.34% | 464.61% | 749.29% | -1285.81% | -7839.56% | -4912.83% | -5150.99% | -601.78% | -30.31% | 278.54% | 151.44% | 167.75% | 14.8% | 218.29% | 804.23% | -44.56% | -23.16% | -121.38% | -109.38% |
| D&A (Non-Cash Add-back) | 196M | 164.2M | 158.3M | 157.5M | 107M | 278.6K | 271K | 251K | 324K | 276K | 261.13K | 237.27K | 336.38K | 353.62K | 349.01K | 381.98K | 375.19K | 649.65K | 485.53K | 252.76K |
| EBIT | -45M | -223.8M | -71.1M | 51.8M | -206.1M | 17.27M | 88.77M | 23.16M | -800K | 230K | 421K | 427.45K | 456K | 369.54K | -168.81K | -117.61K | -79.25K | -19.72K | -316.51K | -290.3K |
| Net Interest Income | -38M | -31.1M | -36.4M | -37.7M | -30.2M | 56.55M | 61.37M | 56.99M | 3.47M | -20.06K | -13.34K | -7.65K | -17K | -17.25K | -22.68K | -23.69K | -23.8K | -18.85K | -11.24K | -18.37K |
| Interest Income | 0 | 25.4M | 0 | 24.6M | 0 | 56.55M | 61.38M | 57M | 3.47M | 0 | 0 | 0 | 422 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 38M | 56.5M | 36.4M | 62.3M | 30.2M | 0 | 6K | 9K | 0 | 20.06K | 13.34K | 7.65K | 17.42K | 17.25K | 22.68K | 23.69K | 23.8K | 18.85K | 11.24K | 18.37K |
| Other Income/Expense | -35M | -75.4M | -68.9M | -71M | -74.2M | 56.55M | 61.37M | 56.99M | 3.5M | -20K | -13.34K | -2.99M | -17K | -17.25K | -22.68K | -23.69K | -23.8K | -18.85K | 310.12K | -18.37K |
| Pretax Income | -77M | -280.3M | -107.5M | -10.5M | -236.3M | 17.27M | 28.27M | 23.16M | -800K | 208K | 407.66K | -2.57M | 439K | 352.28K | -191.49K | -141.3K | -103.05K | -38.57K | -327.75K | -308.67K |
| Pretax Margin % | -2.37% | -16.2% | -4.9% | -0.38% | -12.4% | 127.83% | 191.77% | 176.08% | -5.52% | 1.44% | 2.77% | -19.12% | 3.31% | 2.68% | -1.54% | -1.29% | -0.97% | -0.35% | -3.13% | -3.05% |
| Income Tax | -22M | -53.2M | -17.3M | 128.9M | -177.8M | 8.51M | 16.98M | 6.03M | -200K | 70K | -11.57K | -456.12K | 95K | 74.79K | -171.93K | -7.06K | -15.28K | 2.09K | 51.62K | -68.64K |
| Effective Tax Rate % | 28.57% | 18.98% | 16.09% | -1227.62% | 75.24% | 49.3% | 60.07% | 26.04% | 25% | 33.65% | -2.84% | 17.77% | 21.64% | 21.23% | 89.79% | 5% | 14.83% | -5.41% | -15.75% | 22.24% |
| Net Income | -55M | -227.1M | -90.2M | -139.4M | -58.5M | 8.76M | 11.29M | 17.2M | -600K | 138K | 419.23K | -2.11M | 344K | 277.49K | -19.56K | -134.24K | -87.77K | -40.66K | -379.37K | -240.03K |
| Net Margin % | -1.69% | -13.13% | -4.11% | -5.11% | -3.07% | 64.81% | 76.57% | 130.75% | -4.14% | 0.96% | 2.85% | -15.72% | 2.59% | 2.11% | -0.16% | -1.23% | -0.83% | -0.37% | -3.62% | -2.37% |
| Net Income Growth % | 5.98% | -2693.95% | -899.01% | -910.47% | -9650% | 6244.2% | 2592.79% | 915.1% | -274.42% | -50.27% | 2243.31% | -1471.98% | 491.95% | 782.53% | 94.84% | 44.07% | -167.36% | -111.46% | -200.09% | -534.8% |
| Net Income (Continuing) | -55M | -227.1M | -90.2M | -139.4M | -58.5M | 8.76M | 11.29M | 17.13M | -600K | 138K | 419.23K | -2.11M | 344K | 277.49K | -19.56K | -134.24K | -87.77K | -40.66K | -379.37K | -240.03K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.07 | -0.35 | -0.17 | -0.24 | -0.15 | -0.03 | -0.02 | -0.02 | -9.93 | 0.21 | 0.63 | -3.21 | 0.52 | 0.40 | 0.01 | -0.17 | -0.10 | -0.02 | -0.59 | -0.40 |
| EPS Growth % | 52.2% | -1051.32% | -585.48% | -1500% | 98.49% | -114.48% | -103.94% | 99.53% | -2009.62% | -47.5% | 6076.47% | -1788.24% | 620% | 1816.74% | 101.73% | 57.5% | -147.62% | -103.88% | -188.06% | -507.75% |
| EPS (Basic) | -0.07 | -0.35 | -0.17 | -0.24 | -0.15 | -0.03 | -0.02 | -0.02 | -9.93 | 0.21 | 0.63 | -3.21 | 0.52 | 0.40 | 0.01 | -0.17 | -0.10 | -0.02 | -0.59 | -0.37 |
| Diluted Shares Outstanding | 767.3M | 744.4M | 716.5M | 715.3M | 564.7M | 451.43M | 451.43M | 358.81M | 332M | 332.22M | 332.22M | 328.51M | 328.51M | 328.51M | 328.51M | 321.01M | 321.01M | 321.01M | 321.01M | 321.01M |
| Basic Shares Outstanding | 767.3M | 744.4M | 716.5M | 715.3M | 564.7M | 451.43M | 451.43M | 358.81M | 332M | 332.22M | 332.22M | 328.51M | 328.51M | 328.51M | 328.51M | 321.01M | 321.01M | 321.01M | 321.01M | 321.01M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | 56.69% | - | - | - | - | - | - | - | - | - | - | - | - |