QXO, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
QXO$13.78+19.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in millions, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025(1) | 2024 | ||
| Net sales | $6,842.2 | $56.9 | |
| Cost of products sold | 5,269.5 | 33.8 | |
| Gross profit | 1,572.7 | 23.1 | |
| Operating expense: | |||
| Selling, general and administrative | 1,394.8 | 93.0 | |
| Depreciation | 108.4 | 0.2 | |
| Amortization | 314.7 | 0.9 | |
| Total operating expense | 1,817.9 | 94.1 | |
| Loss from operations | (245.2) | (71.0) | |
| Interest (expense) income, net | (47.7) | 121.8 | |
| Loss on debt extinguishment | (49.7) | — | |
| Other income, net | 5.5 | — | |
| (Loss) income before (benefit from) provision for income taxes | (337.1) | 50.8 | |
| (Benefit from) provision for income taxes | (57.7) | 22.8 | |
| Net (loss) income | $(279.4) | $28.0 | |
| Loss per common share - basic and diluted (Note 7) | $(0.63) | $(0.11) | |
| Total weighted-average common shares outstanding: | |||
| Basic | 613.0 | 204.0 | |
| Diluted | 613.0 | 204.0 | |
| (1) Results include Beacon’s operations from the date of acquisition on April 29, 2025 through December 31, 2025. | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.