QXO financials
$11.62−4.13%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.25B | $1.73B | $2.19B | $2.73B | $1.91B | $13.5M | $14.8M | $13.1M | $14.5M |
| Gross profit | $803.0M | $409.3M | $529.9M | $635.8M | $401.0M | $5.4M | $6.1M | $5.5M | $5.8M |
| Gross margin | 24.7% | 23.7% | 24.2% | 23.3% | 21.0% | 40.0% | 41.2% | 42.0% | 40.0% |
| Operating income | -$42.0M | -$251.9M | -$69.5M | $25.8M | -$163.0M | -$39.3M | -$33.2M | -$33.7M | -$4.3M |
| Net income | -$109.0M | -$257.5M | -$120.6M | -$169.8M | -$85.0M | -$13.7M | -$11.2M | -$5.3M | -$6.6M |
| Net margin | −3.4% | −14.9% | −5.5% | −6.2% | −4.5% | −101.5% | −75.7% | −40.5% | −45.5% |
| Diluted EPS | $-0.14 | $-0.35 | $-0.17 | $-0.24 | $-0.15 | $-0.03 | $-0.02 | $-0.01 | $-9.43 |
| EBITDA | $157.8M | -$87.7M | $88.8M | $183.3M | -$56.3M | -$39.0M | -$32.9M | -$33.5M | -$4.0M |
| Operating cash flow | -$216.6M | $70.6M | $186.6M | $212.5M | -$174.5M | $36.5M | $53.9M | $31.6M | -$1.1M |
| Free cash flow | -$248.1M | $48.1M | $158.2M | $182.4M | -$194.4M | $36.4M | $53.9M | $31.6M | -$1.1M |
| Diluted shares | 767.3M | 744.4M | 720.6M | 715.3M | 564.7M | 451.4M | 455.8M | 358.8M | 0.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.77B | $3.05B | $2.36B | $2.31B | $2.28B | $5.08B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $6.22B | $3.24B | $3.25B | $3.28B | $3.44B | $3.8M |
| Total assets | $22.66B | $16.66B | $15.89B | $16.64B | $17.11B | $5.11B |
| Total liabilities | $10.33B | $6.50B | $6.18B | $6.82B | $7.20B | $53.8M |
| Shareholders' equity | $10.38B | $10.16B | $9.71B | $9.82B | $9.92B | $5.06B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology