Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Qxo Inc. Revenue & Financial Statements
Qxo Inc. reported revenue of $6.8B for the fiscal year ended December 31, 2025, up 11930.7% year over year, with net income of $(279.4M) and diluted EPS of $-0.63.
- Company
- Qxo Inc. QXO · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | (47K) | 45.0M | 54.5M | 56.9M | 6.8B |
| Cost of revenue | 24.5M | 27.0M | 32.9M | 33.9M | 5.3B |
| Gross profit | 17.2M | 18.0M | 21.6M | 22.9M | 1.6B |
| Operating income | (231K) | (385K) | 1.7M | (71.0M) | (245.2M) |
| Pretax income | 44K | (474K) | (1.4M) | 50.8M | 13.1M |
| Net income | (134K) | (282K) | (1.1M) | (23.0M) | (279.4M) |
| Diluted EPS | -0.03 | -0.05 | -0.20 | -0.11 | -0.63 |
| EBITDA | 115K | 1K | 2.0M | (70.8M) | (136.8M) |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.4M | 14.5M | 13.2M | 14.7M | 13.5M | 1.9B | 2.7B | 2.2B |
| Cost of revenue | 8.8M | 8.7M | 7.7M | 8.7M | 8.1M | 1.5B | 2.1B | 1.7B |
| Gross profit | 5.7M | 5.8M | 5.4M | 6.0M | 5.4M | 401.7M | 635.8M | 529.9M |
| Operating income | 228K | (4.3M) | (33.8M) | (33.1M) | (39.3M) | (162.1M) | 25.8M | (69.5M) |
| Pretax income | 208K | — | — | — | 17.3M | (236.3M) | (10.5M) | (107.5M) |
| Net income | 138K | (6.6M) | (5.4M) | (11.2M) | (13.7M) | (84.1M) | (169.8M) | (90.2M) |
| Diluted EPS | — | -9.93 | -0.01 | -0.01 | -0.03 | -0.15 | -0.24 | -0.17 |
| EBITDA | 295K | (4.2M) | (33.8M) | (33.1M) | (39.2M) | (134.9M) | 65.5M | (28.1M) |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 18.0M | 21.4M | 20.5M | 5.1B | 15.9B |
| Current assets | 10.7M | 13.7M | 11.8M | 5.1B | 5.5B |
| Cash & equivalents | 6.8M | 8.0M | 6.1M | 5.1B | 2.4B |
| Total liabilities | 8.6M | 11.9M | 13.0M | 45.4M | 6.2B |
| Current liabilities | 7.4M | 10.8M | 11.5M | 45.1M | 1.6B |
| Long-term debt | 464K | 671K | 994K | 0 | 3.1B |
| Total debt | 757K | 1.4M | 1.7M | 0 | 3.1B |
| Stockholders’ equity | 9.4M | 9.6M | 7.5M | 5.1B | 9.7B |
| Net debt | (6.1M) | (6.7M) | (4.4M) | (5.1B) | 695.7M |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 226K | 2.0M | 584K | 84.9M | 261.4M |
| Investing cash flow | (510K) | (189K) | (399K) | (102K) | (10.6B) |
| Financing cash flow | 503K | (655K) | (2.0M) | 5.0B | 7.7B |
| Capital expenditure | 115K | 39K | 121K | 102K | — |
| Free cash flow | 111K | 2.0M | 463K | 84.8M | — |
| Dividends paid | 3.1M | 0 | 1.1M | — | — |
| Stock-based compensation | 441K | 180K | 41K | 34.5M | 144.5M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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