QXO, Inc. (QXO) — Financial statements
Income statement, balance sheet, and cash flow for QXO, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,842↑11930.7% | 57↑4.3% | 55↑21.2% | 45↑7.9% | 42 | |
| Cost of Revenue | 5,693↑16672.0% | 34↑3.2% | 33↑21.8% | 27↑10.3% | 24 | |
| Gross Profit | 1,150↑4913.1% | 23↑6.1% | 22↑20.3% | 18↑4.4% | 17 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 10↑6.3% | 10↓1.9% | 10 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 9↑14.3% | 8↑15.3% | 7 | |
| SG&A Expenses | 1,207↑1198.2% | 93↑386.3% | 19↑9.9% | 17↑5.0% | 17 | |
| Other Expenses | 0.00↓100.0% | 0.99↓74.1% | 4↑301.9% | 0.95↑8.4% | 0.88 | |
| Operating Expenses | 1,207↑1184.5% | 94↑309.7% | 23↑25.0% | 18↑5.2% | 17 | |
| Total Costs & Expenses | 6,899↑5295.4% | 128↑129.0% | 56↑23.0% | 45↑8.2% | 42 | |
| Operating Results | ||||||
| Operating Income | -57↑19.7% | -71↓5315.7% | -1↓240.2% | -0.39↓66.8% | -0.23 | |
| Depreciation & Amortization | 423↑37609.4% | 1↑12.1% | 1↓43.0% | 2↑25.9% | 1 | |
| EBITDA | 366↑604.1% | 52↑18029.0% | -0.29↓121.2% | 1↓7.7% | 1 | |
| EBIT | -57↓212.0% | 51↑4040.5% | -1↓235.0% | -0.39↓526.4% | 0.09 | |
| Interest & Other Income | ||||||
| Net Interest Income | -48↓139.2% | 122↑218926.6% | -0.06↑37.5% | -0.09↓90.2% | -0.05 | |
| Interest Income | 126↑3.2% | 122 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 174↑289066.7% | 0.06↑7.8% | 0.06↓37.5% | 0.09↑90.2% | 0.05 | |
| Non-Operating Income | 0.00↑100.0% | -122↓609260.0% | -0.02 | 0.00↑100.0% | -0.32 | |
| Other Income / Expenses | -280↓329.9% | 122↑217621.4% | -0.06↑37.1% | -0.09↓132.4% | 0.27 | |
| Income Before Tax | -337↓763.4% | 51↑3817.0% | -1↓188.2% | -0.47↓1188.8% | 0.04 | |
| Income Tax Expense | -58↓352.6% | 23↑7791.2% | -0.30↓54.5% | -0.19↓208.0% | 0.18 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -279↓1099.0% | 28↑2713.9% | -1↓279.1% | -0.28↓109.9% | -0.13 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -279↓1099.0% | 28↑2713.9% | -1↓279.1% | -0.28↓109.9% | -0.13 | |
| Bottom-Line Net Income | -388↓1586.0% | -23↓2052.4% | -1↓279.1% | -0.28↓109.9% | -0.13 | |
| EPS (Basic) | -0.63↓472.7% | -0.11↑93.3% | -1.63↓307.5% | -0.40↓90.5% | -0.21 | |
| EPS (Diluted) | -0.63↓472.7% | -0.11↑93.3% | -1.63↓307.5% | -0.40↓90.5% | -0.21 | |
| Weighted Average Shares | 613↑50.2% | 408↑24.1% | 329↑1.8% | 323↑2.8% | 314 | |
| Weighted Average Diluted Shares | 613↑50.2% | 408↑24.1% | 329↑1.8% | 323↑2.8% | 314 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.