# QXO, Inc.: overview

QXO · NYSE · CIK 1236275 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/qxo.md) · [Financials](/companies/qxo/financials.md) · [Filings](/companies/qxo/filings.md) · [Insiders](/companies/qxo/insiders.md)

Latest reported revenue: [$3.25bn](/filings/0001628280-26-056919.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-056919).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [13.1](/filings/0001628280-25-050298.md) | [14.8 d](/filings/0001628280-26-012601.md) | [13.5](/filings/0001628280-26-034130.md) | [1,906](/filings/0001628280-26-056919.md) | [2,728](/filings/0001628280-25-050298.md) | [2,194 d](/filings/0001628280-26-012601.md) | [1,730](/filings/0001628280-26-034130.md) | [3,246](/filings/0001628280-26-056919.md) |
| Gross margin | % | [42.0%](/filings/0001628280-25-050298.md) | [41.2% d](/filings/0001628280-26-012601.md) | [40.0%](/filings/0001628280-26-034130.md) | [21.0%](/filings/0001628280-26-056919.md) | [23.3%](/filings/0001628280-25-050298.md) | [24.2% d](/filings/0001628280-26-012601.md) | [23.7%](/filings/0001628280-26-034130.md) | [24.7%](/filings/0001628280-26-056919.md) |
| Operating margin | % | [(257.3%)](/filings/0001628280-25-050298.md) | [(224.3%) d](/filings/0001628280-26-012601.md) | [(291.1%)](/filings/0001628280-26-034130.md) | [(8.6%)](/filings/0001628280-26-056919.md) | [0.9%](/filings/0001628280-25-050298.md) | [(3.2%) d](/filings/0001628280-26-012601.md) | [(14.6%)](/filings/0001628280-26-034130.md) | [(1.3%)](/filings/0001628280-26-056919.md) |
| Net margin | % | [131.3%](/filings/0001628280-25-050298.md) | [76.4% d](/filings/0001628280-26-012601.md) | [65.2%](/filings/0001628280-26-034130.md) | [(3.1%)](/filings/0001628280-26-056919.md) | [(5.1%)](/filings/0001628280-25-050298.md) | [(4.1%) d](/filings/0001628280-26-012601.md) | [(13.1%)](/filings/0001628280-26-034130.md) | [(1.7%)](/filings/0001628280-26-056919.md) |
| Diluted EPS | $ per share | [(0.01)](/filings/0001628280-25-050298.md) | not reported | [(0.03)](/filings/0001628280-26-034130.md) | [(0.15)](/filings/0001628280-26-056919.md) | [(0.24)](/filings/0001628280-25-050298.md) | not reported | [(0.35)](/filings/0001628280-26-034130.md) | [(0.14)](/filings/0001628280-26-056919.md) |
| Free cash flow | $m | [31.6 d](/filings/0001628280-25-050298.md) | [53.9 d](/filings/0001628280-26-012601.md) | [36.4](/filings/0001628280-26-034130.md) | [(194) d](/filings/0001628280-26-056919.md) | [183 d](/filings/0001628280-25-050298.md) | [158 d](/filings/0001628280-26-012601.md) | [48.1](/filings/0001628280-26-034130.md) | [(248) d](/filings/0001628280-26-056919.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [41.7](/filings/0001185185-23-000161.md) | [45.0](/filings/0001185185-24-000237.md) | [54.5](/filings/0001628280-25-009626.md) | [56.9](/filings/0001628280-26-012601.md) | [6,842](/filings/0001628280-26-012601.md) |
| Gross margin | % | [41.3%](/filings/0001185185-23-000161.md) | [39.9%](/filings/0001185185-24-000237.md) | [39.6%](/filings/0001185185-24-000237.md) | [40.6%](/filings/0001628280-26-012601.md) | [23.0%](/filings/0001628280-26-012601.md) |
| Operating margin | % | [(0.6%)](/filings/0001185185-23-000161.md) | [(0.9%)](/filings/0001185185-24-000237.md) | [(2.4%)](/filings/0001628280-25-009626.md) | [(124.8%)](/filings/0001628280-26-012601.md) | [(3.6%)](/filings/0001628280-26-012601.md) |
| Net margin | % | [(0.3%)](/filings/0001185185-23-000161.md) | [(0.6%)](/filings/0001185185-24-000237.md) | [(2.0%)](/filings/0001628280-25-009626.md) | [49.2%](/filings/0001628280-26-012601.md) | [(4.1%)](/filings/0001628280-26-012601.md) |
| Diluted EPS | $ per share | [(0.03)](/filings/0001185185-23-000161.md) | [(0.05)](/filings/0001185185-24-000237.md) | [(1.63)](/filings/0001628280-25-009626.md) | [(0.11)](/filings/0001628280-26-012601.md) | [(0.63)](/filings/0001628280-26-012601.md) |
| Free cash flow | $m | [0.1](/filings/0001185185-23-000161.md) | [2.0](/filings/0001185185-24-000237.md) | [0.5](/filings/0001628280-25-009626.md) | [84.7](/filings/0001628280-26-012601.md) | [183](/filings/0001628280-26-012601.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/qxo/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2021-11-16 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 27,000 | $5.9342 | $160.2k | [Form 4](/filings/0001864317-21-000019.md) |
| 2021-11-15 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Sale (S) | 372,000 | $8.1549 | $3.0m | [Form 4](/filings/0001864317-21-000019.md) |
| 2021-10-25 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 9,900 | $5.3072 | $52.5k | [Form 4](/filings/0001864317-21-000018.md) |
| 2021-08-25 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 100 | $8.005 | $800.50 | [Form 4](/filings/0001864317-21-000016.md) |
| 2021-08-17 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 5,000 | $6.7444 | $33.7k | [Form 4](/filings/0001864317-21-000015.md) |
| 2021-08-05 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 500 | $7.8946 | $3.9k | [Form 4](/filings/0001864317-21-000014.md) |
| 2021-07-22 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 1,500 | $9.53 | $14.3k | [Form 4](/filings/0001864317-21-000013.md) |
| 2021-07-21 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 2,000 | $9.5172 | $19.0k | [Form 4](/filings/0001864317-21-000012.md) |
| 2021-07-20 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 6,500 | $9.7702 | $63.5k | [Form 4](/filings/0001864317-21-000012.md) |
| 2021-07-19 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Sale (S) | 3,000 | $8.5575 | $25.7k | [Form 4](/filings/0001864317-21-000012.md) |
| 2021-07-19 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 31,500 | $8.8506 | $278.8k | [Form 4](/filings/0001864317-21-000012.md) |
| 2021-07-15 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 3,000 | $10.6894 | $32.1k | [Form 4](/filings/0001864317-21-000011.md) |
| 2021-07-14 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 10,000 | $11.1484 | $111.5k | [Form 4](/filings/0001864317-21-000011.md) |
| 2021-07-09 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 5,000 | $11.382 | $56.9k | [Form 4](/filings/0001864317-21-000009.md) |
| 2021-07-09 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 6,000 | $11.3062 | $67.8k | [Form 4/A](/filings/0001864317-21-000010.md) |
| 2021-06-29 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 10,000 | $10.862 | $108.6k | [Form 4](/filings/0001864317-21-000007.md) |
| 2021-06-28 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Sale (S) | 52,000 | $12.1392 | $631.2k | [Form 4](/filings/0001864317-21-000007.md) |
| 2021-06-28 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 2,000 | $11.6469 | $23.3k | [Form 4](/filings/0001864317-21-000007.md) |
| 2021-06-25 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Purchase (P) | 2,000 | $11.1241 | $22.2k | [Form 4](/filings/0001864317-21-000006.md) |
| 2021-06-22 | [Ault Global Holdings, Inc.](/insiders/896493.md) | 10% owner | Sale (S) | 6,000 | $10.44 | $62.6k | [Form 4](/filings/0001864317-21-000005.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.49bn | 86,495,549 |  | Added +11,860,833 |
| [Orbis Allan Gray Ltd](/funds/1663865.md) | 2026-06-30 | $1.28bn | 73,951,325 |  | Unchanged |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $831.3m | 48,108,252 |  | Added +9,975,598 |
| [BAILLIE GIFFORD & CO](/funds/1088875.md) | 2026-06-30 | $827.2m | 47,867,886 |  | Added +34,243,647 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $804.2m | 46,536,649 |  | Added +21,252,280 |
| [Affinity Partners GP LP](/funds/2059583.md) | 2026-06-30 | $565.0m | 32,698,176 |  | Added +12,111 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $521.5m | 30,180,372 |  | Added +14,956,865 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $513.0m | 29,686,910 |  | Added +1,446,060 |
| [FRED ALGER MANAGEMENT, LLC](/funds/3520.md) | 2026-06-30 | $472.8m | 27,362,195 |  | Added +4,957,483 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $467.8m | 27,069,727 |  | Added +1,409,749 |

## Recent filings

[All 605 filings](/companies/qxo/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-24 | 16:38 ET | [8-K](/filings/0000950142-26-002421.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0000950142-26-002421 |
| 2026-08-14 | 07:01 ET | [10-Q](/filings/0001628280-26-056919.md) | Quarterly report, period 2026-06-30 | 0001628280-26-056919 |
| 2026-08-13 | 16:16 ET | [8-K](/filings/0001628280-26-056734.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-056734 |
| 2026-07-23 | 17:07 ET | [8-K](/filings/0001104659-26-086330.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-086330 |
| 2026-07-09 | 06:03 ET | [8-K](/filings/0001104659-26-082040.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-082040 |
| 2026-07-01 | 16:05 ET | [8-K](/filings/0001104659-26-079864.md) | 1.01 Entry into a material agreement; 2.01 Completion of an acquisition or disposition; 2.03 New direct financial obligation; 3.03 Change to security holders’ rights; 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-079864 |
| 2026-06-30 | 08:04 ET | [8-K](/filings/0001104659-26-079101.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-079101 |
| 2026-06-29 | 16:50 ET | [8-K](/filings/0001104659-26-078886.md) | 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-078886 |
| 2026-06-22 | 06:35 ET | [8-K](/filings/0001104659-26-076021.md) | 8.01 Other events | 0001104659-26-076021 |
| 2026-06-17 | 16:10 ET | [8-K](/filings/0000950142-26-001816.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0000950142-26-001816 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-012601.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/615ef100-1f00-41f1-ad80-56da5cf7a504)

## About the filer

- CIK: 1236275
- Tickers: QXO, QXO-PB
- Exchange: NYSE
- SIC code: 5030 Wholesale-Lumber & Other Construction Materials
- State of incorporation: DE
- Filer category: Non-accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 12:37 ET. No prices; not investment advice.
