QXO
$12.05+3.08%
as of close, Oct 1, 2026
☾ AH $12.05 +3.08%
QXO financial statements
The full income statement, balance sheet, and cash-flow statement for QXO Inc. (QXO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 409.4M2024-09 409.4M2024-12 409.4M2025-03 518.7M2025-06 673.6M2025-09 674.4M2025-12 708.6M2026-03 725.2M2026-06 1.04B+153.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 6.84B+11925.0% | 56.9M+4.4% | 54.5M+21.2% | 45.0M+7.9% | 41.7M+1.2% | |
| 1.57B+6708.2% | 23.1M+6.9% | 21.6M+20.3% | 18.0M+4.4% | 17.2M+3.8% | ||
| Cost of revenue | 5.27B+15425.5% | 33.9M+3.2% | 32.9M+21.8% | 27.0M+10.3% | 24.5M-0.6% | |
| 1.82B+1831.9% | 94.1M+310.5% | 22.9M+25.0% | 18.3M+5.2% | 17.4M+6.6% | ||
| Selling, general & administrative | 1.39B+1399.8% | 93.0M+810.2% | 10.2M+7.9% | 9.47M+0.7% | 9.40M+13.6% | |
| General & administrative | — | — | 10.2M+7.9% | 9.47M+0.7% | 9.40M+13.6% | |
| Selling & marketing | — | — | 8.85M+14.3% | 7.75M+15.3% | 6.72M-8.8% | |
| Restructuring | 101M | — | — | — | — | |
| Amortization of intangibles | 315M+34866.7% | 900K+33.9% | 672K-8.3% | 733K+37.9% | 531K+35.6% | |
| Provision for credit losses | 14.0M | 0.00-100.0% | 115K-28.1% | 160K+458.0% | -44.7K-1865.2% | |
| Operating income | -245M-245.4% | -71.0M-5315.7% | -1.31M-240.2% | -385K-66.8% | -231K-203.4% | |
| Interest expense | 174M+173400.0% | 100K+79.6% | 55.7K-37.5% | 89.0K+90.2% | 46.8K | |
| Interest & investment income | 126M+3.2% | 122M+609400.0% | 20.0K | — | — | |
| Net interest income | — | — | — | — | -46.8K-243.7% | |
| Other non-operating income | 5.50M | 0.00+100.0% | -56.0K+37.1% | -89.0K-132.4% | 275K+79223.1% | |
| Pre-tax income | -337M-763.6% | 50.8M+3816.2% | -1.37M-188.2% | -474K-1188.8% | 43.6K-80.5% | |
| Income tax | -57.7M-353.1% | 22.8M+7776.8% | -297K-54.5% | -192K-208.0% | 178K+275.6% | |
| -279M-1097.9% | 28.0M+2716.8% | -1.07M-279.1% | -282K-109.9% | -134K-176.5% | ||
| Preferred dividends | — | 32.3M | — | — | — | |
| Net income to common | -388M-1588.3% | -23.0M-2049.5% | -1.07M-279.1% | -282K-109.9% | -134K-176.5% | |
| -$0.63-472.7% | -$0.11+93.3% | -$1.63-307.5% | -$0.40-66.7% | -$0.24-175.0% | ||
| EPS (basic) | -$0.63-472.7% | -$0.11+93.3% | -$1.63-307.5% | -$0.40-66.7% | -$0.24-175.0% | |
| Weighted-avg shares (basic) | 613M+200.5% | 204M+30950.2% | 657K+1.7% | 646K+2.8% | 628K+11.7% | |
| Weighted-avg shares (diluted) | 613M+200.5% | 204M+30950.2% | 657K+1.7% | 646K+2.8% | 628K+11.7% | |
| Dividends per share | — | $0.04-97.3% | $1.58 | — | $4.80-25.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.55B+9.0% | 5.09B+43046.8% | 11.8M-13.9% | 13.7M+27.9% | 10.7M+24.1% | ||
| Cash & equivalents | 2.36B-53.4% | 5.07B+82408.5% | 6.14M-23.3% | 8.01M+17.5% | 6.81M+3.3% | |
| Accounts receivable | 1.15B+42307.4% | 2.70M-9.1% | 2.97M+33.0% | 2.23M+15.9% | 1.93M+21.9% | |
| Inventory | 1.50B | 0.00 | — | — | — | |
| Prepaid expenses | 84.0M+356.5% | 18.4M+585.5% | 2.68M+70.6% | 1.57M-6.7% | 1.69M+320.6% | |
| 15.9B+211.6% | 5.10B+24775.8% | 20.5M-4.4% | 21.4M+19.1% | 18.0M+13.2% | ||
| Property, plant & equipment | — | — | 503K-29.2% | 711K+11.7% | 637K+21.8% | |
| Operating lease right-of-use | 690M+229900.0% | 300K-42.5% | 522K+58.9% | 329K-66.0% | 965K-29.8% | |
| Goodwill | 5.11B+425816.7% | 1.20M+5.3% | 1.14M+0.0% | 1.14M+12.6% | 1.01M+0.0% | |
| Intangible assets | 3.82B+95375.0% | 4.00M-18.7% | 4.92M+15.3% | 4.27M+22.1% | 3.49M+11.7% | |
| Deferred tax assets | 0.00-100.0% | 2.60M+80.1% | 1.44M+30.6% | 1.11M+11.6% | 991K-4.6% | |
| Other non-current assets | 32.0M+15900.0% | 200K+17.0% | 171K-8.8% | 188K-1.7% | 191K-4.0% | |
| 1.55B+3336.8% | 45.1M+291.4% | 11.5M+7.2% | 10.8M+45.5% | 7.39M+9.8% | ||
| Accounts payable | 819M+13109.7% | 6.20M+35.9% | 4.56M+39.4% | 3.27M+60.6% | 2.04M+8.7% | |
| Accrued liabilities | 574M+1387.0% | 38.6M+1339.8% | 2.68M+10.2% | 2.43M+39.6% | 1.74M+31.0% | |
| Deferred revenue | — | 2.90M-8.3% | 3.16M-15.9% | 3.76M+51.8% | 2.48M+21.4% | |
| Short-term & current debt | — | 2.90M+313.1% | 702K+3.2% | 680K+131.6% | 294K+194.0% | |
| Current lease liability | 108M+53900.0% | 200K-24.0% | 263K-2.0% | 268K-42.4% | 466K-3.2% | |
| Finance lease liability (current) | 49.0M+48900.0% | 100K-35.1% | 154K-28.4% | 215K+29.1% | 167K+40.4% | |
| 6.18B+13512.3% | 45.4M+248.6% | 13.0M+9.6% | 11.9M+37.5% | 8.64M+0.2% | ||
| Long-term debt | 3.06B | 0.00-100.0% | 994K+48.1% | 671K+44.7% | 464K+59.4% | |
| Non-current lease liability | 562M+561900.0% | 100K-61.4% | 259K+330.1% | 60.2K-87.9% | 499K-44.1% | |
| Operating lease liability (total) | 669M+258317.0% | 259K-50.4% | 522K+58.8% | 329K-66.0% | 965K-29.8% | |
| Finance lease liability (total) | 188M+58988.1% | 318K-20.8% | 401K-34.9% | 616K+74.7% | 353K | |
| Finance lease liability | 139M+69400.0% | 200K-19.0% | 247K-38.5% | 401K+115.5% | 186K+198.9% | |
| Deferred tax liabilities | 847M | 0.00 | — | — | — | |
| Other non-current liabilities | 25.0M | 0.00 | — | — | — | |
| 9.71B+92.1% | 5.05B+67273.3% | 7.50M-21.5% | 9.55M+2.1% | 9.36M+28.5% | ||
| Preferred stock | — | 499M | 0.00 | — | — | |
| Common stock | 0.00 | 0.00 | 0.00-100.0% | 53+1.9% | 52+13.0% | |
| Additional paid-in capital | 9.05B+98.4% | 4.56B+48318.1% | 9.42M-9.7% | 10.4M+4.8% | 9.95M+28.6% | |
| Retained earnings | -395M-6271.0% | -6.20M-218.3% | -1.95M-122.2% | -877K-47.5% | -594K-29.2% | |
| Accumulated other comprehensive income | -2.00M | 0.00 | — | — | — | |
| Total equity incl. non-controlling | — | — | 7.47M-21.8% | 9.55M+2.1% | 9.36M+28.5% | |
| Total liabilities & equity | 15.9B+211.6% | 5.10B+24775.8% | 20.5M-4.4% | 21.4M+19.1% | 18.0M+13.2% | |
| Common shares issued | 675M+64.8% | 409M+61515.1% | 664K+1.1% | 657K+2.3% | 642K+14.1% | |
| Common shares outstanding | 675M+64.8% | 409M+61515.1% | 664K+1.1% | 657K+2.3% | 642K+14.1% | |
| Shares outstanding (cover) | 709M+73.1% | 409M+61519.6% | 664K+1.1% | 657K+2.3% | 642K+1.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 261M+208.3% | 84.8M+14420.5% | 584K-71.3% | 2.04M+801.8% | 226K-86.9% | ||
| Depreciation & amortization | 108M+54100.0% | 200K-75.8% | 828K+114.0% | 387K+11.7% | 346K+10.1% | |
| Intangible amortization | 315M+34866.7% | 900K+33.9% | 672K-8.3% | 733K+37.9% | 531K+35.6% | |
| Share-based compensation | 145M+320.1% | 34.4M+83802.4% | 41.0K-77.3% | 180K-59.2% | 441K+4229.1% | |
| Deferred income taxes | -61.0M-4983.3% | -1.20M-255.0% | -338K-210.8% | -109K-326.0% | 48.1K+129.2% | |
| Change in receivables | -160M-79800.0% | -200K-94.2% | -103K-122.1% | 466K+54.4% | 302K+130.9% | |
| Change in inventory | -288M | 0.00 | — | — | — | |
| Change in payables | — | 1.63M+26.3% | 1.29M+4.6% | 1.23M+657.8% | 163K+148.6% | |
| -10.6B-10630200.0% | -100K+75.0% | -400K-111.9% | -189K+63.0% | -510K-160.8% | ||
| Capital expenditure | 78.2M+76566.7% | 102K-15.7% | 121K+212.3% | 38.7K-66.2% | 115K-8.0% | |
| Free cash flow | 183M+116.3% | 84.7M+18193.3% | 463K-76.8% | 2.00M+1697.1% | 111K-93.1% | |
| Acquisitions | 10.6B | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -4.40M | 0.00 | — | — | — | |
| 7.66B+53.8% | 4.98B+243080.5% | -2.05M-212.9% | -655K-230.2% | 503K+110.9% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00-100.0% | 1.70M+116.3% | 784K+148.0% | 316K+48.1% | 214K+2226.2% | |
| Common stock issued | 18.9M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00-100.0% | 17.4M+1555.6% | 1.05M | 0.00-100.0% | 3.08M-23.9% | |
| FX effect on cash | -500K | 0.00 | — | — | — | |
| Net change in cash | -2.71B-153.4% | 5.07B | — | — | — | |
| Interest paid | 138M+137900.0% | 100K+75.4% | 57.0K+41.8% | 40.2K-10.9% | 45.1K+22.2% | |
| Income taxes paid | 38.2M | 0.00-100.0% | 301K+219.7% | 94.1K-75.3% | 381K+808.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 13.7B+110.0% | 6.51B | — | — | — | |
| P/E | — | 232.5× | — | — | — | |
| P/S | 2.0×-98.3% | 114.4× | — | — | — | |
| P/B | 1.4×+9.3% | 1.3× | — | — | — | |
| P/FCF | 74.6×-2.9% | 76.9× | — | — | — | |
| Earnings yield | — | 0.43% | — | — | — | |
| FCF yield | 1.3%+3.0% | 1.3% | — | — | — | |
| Dividend yield | — | 0.27% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: QXO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all QXO filings on SEC EDGAR → Not investment advice.