QXO, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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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$13.73-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
Consolidated Statements of Stockholders’ Equity(1)
| Mandatory Convertible Preferred Stock · Convertible Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Loss | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Total | ||||||||||||||
| Balance as of December 31, 2023 | — | $— | — | $— | 0.7 | $— | $9.4 | $(1.9) | $— | $7.5 | ||||
| Issuance of Convertible Preferred Stock and Warrants, net of issuance costs | — | — | 1.0 | 498.6 | — | — | 483.0 | — | — | 981.6 | ||||
| Issuance of common stock and pre-funded warrants, net of issuance costs | — | — | — | — | 408.7 | — | 4,051.1 | — | — | 4,051.1 | ||||
| Common stock dividend | — | — | — | — | — | — | (17.4) | — | — | (17.4) | ||||
| Convertible Preferred Stock dividend | — | — | — | — | — | — | — | (32.3) | — | (32.3) | ||||
| Stock-based compensation | — | — | — | — | — | — | 34.4 | — | — | 34.4 | ||||
| Net income | — | — | — | — | — | — | — | 28.0 | — | 28.0 | ||||
| Balance as of December 31, 2024 | — | $— | 1.0 | $498.6 | 409.4 | $— | $4,560.5 | $(6.2) | $— | $5,052.9 | ||||
| Issuance of Mandatory Convertible Preferred Stock, net of issuance costs | 0.6 | 558.1 | — | — | — | — | — | — | — | 558.1 | ||||
| Mandatory Convertible Preferred Stock dividend | — | — | — | — | — | — | — | (18.9) | — | (18.9) | ||||
| Convertible Preferred Stock dividend | — | — | — | — | — | — | — | (90.0) | — | (90.0) | ||||
| Issuance of common stock, net of issuance costs | — | — | — | — | 256.6 | — | 4,256.0 | — | — | 4,256.0 | ||||
| Proceeds from stock option exercises | — | — | — | — | 3.8 | — | 18.9 | — | — | 18.9 | ||||
| Awards assumed in acquisition | — | — | — | — | — | — | 87.5 | — | — | 87.5 | ||||
| Vesting of stock-based compensation awards | — | — | — | — | 4.7 | — | — | — | — | — | ||||
| Tax withholdings for stock-based compensation awards | — | — | — | — | — | — | (20.5) | — | — | (20.5) | ||||
| Stock-based compensation | — | — | — | — | — | — | 144.5 | — | — | 144.5 | ||||
| Other comprehensive loss | — | — | — | — | — | — | — | — | (2.3) | (2.3) | ||||
| Net loss | — | — | — | — | — | — | — | (279.4) | — | (279.4) | ||||
| Balance as of December 31, 2025 | 0.6 | $558.1 | 1.0 | $498.6 | 674.5 | $— | $9,046.9 | $(394.5) | $(2.3) | $9,706.8 | ||||
| (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.