Form 8-K · Current Report · Filed 2025-05-08
QXO, Inc. Reports First Quarter 2025 Financial Results
On May 8, 2025, QXO, Inc. reported a loss of $(0.03) per basic and diluted share for the first quarter of 2025, with total revenue of $13.5 million. The company attributed the loss to higher employee-related costs due to the introduction of a new senior management team and transaction costs related to its acquisition of Beacon Roofing Supply, Inc. Net income was $8.8 million, including $56.6 million in interest income. Adjusted EBITDA was negative $8.9 million. The company's financial statements and a press release are furnished as Exhibit 99.1.
- Filer
- Qxo Inc. QXO · NYSE
- Filed
- Accession
- 0001628280-25-023803
- CIK
- 0001236275
- Signal
- Low impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$13.34
Next session
+4.0%
Since filing
-0.3%
Latest close
$13.30
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from QXO reporting the same item, with the next session's move:
Exhibits (1)
About Qxo Inc.
Qxo Inc. is a company engaged in the innovative technology sector, specializing in developing software solutions that enhance business processes for small and medium enterprises (SMEs). It provides integrated platforms designed to streamline customer relationship management, inventory control, and financial reporting, all vital components for driving operational efficiency. Qxo Inc.'s products are particularly impactful in industries such as retail, healthcare, and professional services, offering scalability and customization tailored to specific client needs. The company's comprehensive approach ensures that businesses can leverage data analytics for strategic planning and decision-making. Headquartered in a technology hub, Qxo Inc. plays a significant role in the digital transformation landscape, continuously adapting to advancements and market demand. Its focus on user-friendly interfaces and seamless integration with existing systems positions Qxo Inc. as a crucial partner for enterprises aiming to leverage technology for growth and competitiveness in modern markets.
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