QXO

QXO, Inc. (NYSE:QXO) shares climbed 8% on Tuesday after the company announced the preliminary election results for shareholders of TopBuild Corp. (NYSE:BLD) ahead of the completion of their merger. The companies said shareholders representing approximately 91.0% of TopBuild’s outstanding shares elected to receive the cash consideration available under the transaction. In accordance with the merger agreement’s proration provisions, those shareholders will receive approximately $249.71 in cash and 10.211 shares of QXO common stock for each TopBuild common share they own, subject to the exchange agent’s final calculations. The election period ended at 5:00 p.m. Eastern Time on June 29, 2026. Before the deadline, TopBuild shareholders were able to choose either $505.00 in cash or 20.200 shares of QXO common stock for each TopBuild share, subject to the merger’s allocation mechanics. Approximately 1.4% of TopBuild’s outstanding shares elected to receive stock consideration, while holders representing around 7.6% of outstanding shares did not submit a valid election before the deadline and are therefore deemed to have elected the stock option. The companies continue to expect the acquisition to close on or around July 1, 2026, provided customary closing conditions are either satisfied or waived. Shareholders entitled to fractional QXO shares as part of the transaction will instead receive a cash payment in lieu of those fractional shares.

GREENWICH, Conn. & DAYTONA BEACH, Fla., June 30, 2026--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) ("QXO") and TopBuild Corp. (NYSE: BLD) ("TopBuild") today announced the results of TopBuild stockholders’ elections regarding the form of merger consideration (the "Merger Consideration") to be received in connection with QXO’s acquisition of TopBuild (the "Transaction"). As previously disclosed, the deadline for making an election was 5:00 p.m. Eastern Time on June 29, 2026 (the "Election Deadline"). The parties expect the Transaction to close on or about July 1, 2026, subject to the satisfaction or waiver of customary closing conditions. Before the Election Deadline, and as described in the election materials and in the parties’ joint proxy statement/prospectus dated May 29, 2026, each eligible TopBuild stockholder could elect to receive, for each share of TopBuild common stock held before the closing of the Transaction, either (i) $505.00 in cash (the "Cash Consideration") or (ii) 20.200 shares of QXO common stock (the "Stock Consideration"), in each case subject to the election and proration procedures set forth in the merger agreement and the joint proxy statement/prospectus. TopBuild stockholders who did not make a valid election by the Election Deadline are deemed to have elected to receive the Stock Consideration. TopBuild stockholders who otherwise would have received a fractional share of QXO common stock will receive cash in lieu of that fractional share. Based on available information as of the Election Deadline, the results of the Merger Consideration election are as follows: TopBuild stockholders of record representing approximately 91.0% of the outstanding shares of TopBuild common stock elected to receive the Cash Consideration. In accordance with the proration procedures in the merger agreement, those shares were converted into the right to receive approximately $249.71 in cash and 10.211 shares of QXO common stock for each share of TopBuild common stock, subject to final calculations by the exchange agent; TopBuild stockholders of record representing approximately 1.4% of the outstanding shares of TopBuild common stock elected to receive the Stock Consideration; TopBuild stockholders of record representing approximately 7.6% of the outstanding shares of TopBuild common stock did not make a valid election or did not deliver a valid election by the E...

GREENWICH, Conn., June 30, 2026--(BUSINESS WIRE)--QXO, Inc. ("QXO") (NYSE: QXO) announced today the expiration and final results of the previously announced tender offers and consent solicitations (collectively, the "Tender Offers and Consent Solicitations") by QXO’s wholly-owned subsidiary, Titanium MergerCo, Inc., a Delaware corporation (the "Company"), for the (i) $500.0 million aggregate principal amount of outstanding 4.125% Senior Notes due 2032 (the "2032 Notes") and (ii) $750.0 million aggregate principal amount of outstanding 5.625% Senior Notes due 2034 (the "2034 Notes" and, together with the 2032 Notes, the "Notes") of TopBuild Corp. ("TopBuild"). The Tender Offers and Consent Solicitations expired at 5:00 p.m., New York City time, on June 29, 2026 (the "Expiration Date"). No tenders submitted after the Expiration Date are valid. According to information provided to the Company by D.F. King & Co., Inc., the information and tender agent (the "Information and Tender Agent") for the Tender Offers and Consent Solicitations, as of the Expiration Date, Notes were validly tendered and not validly withdrawn with respect to (i) $497,723,000 aggregate principal amount of the 2032 Notes, representing approximately 99.54% of the outstanding 2032 Notes, and (ii) $748,093,000 aggregate principal amount of the 2034 Notes, representing approximately 99.75% of the outstanding 2034 Notes. The Company has accepted for purchase all Notes that were validly tendered (and not validly withdrawn) in the Tender Offers and Consent Solicitations. The "Settlement Date" for the Tender Offers and Consent Solicitations is expected to be July 1, 2026, substantially coinciding with, and contingent upon, the expected closing of QXO’s acquisition of TopBuild (the "TopBuild Acquisition"). Any eligible holder that validly tendered their Notes at or prior to 5:00 p.m., New York City time, on June 11, 2026 (the "Early Tender Deadline") (and did not validly withdraw their Notes at or prior to 5:00 p.m., New York City time, on June 11, 2026) were accepted for purchase at a price of $1,011.25 per $1,000 of principal amount of such Notes, plus accrued and unpaid interest from the last interest payment date on such purchased Notes up to, but not including, the Settlement Date. Notes validly tendered (and not validly withdrawn) after the Early Tender Deadline but at or prior to the Expiratio...

QXO (NYSE:QXO), a roofing and building products distributor, closed at $17.28, down 3.03%. Merger-election results for TopBuild showed most shareholders choosing cash, and investors are watching the expected July 1 close.Trading volume reached 87.3 million shares, more than five times the three-month average of 16.3 million shares. QXO IPO'd in 2012 and has fallen 28% since going public. The S&P 500 (SNPINDEX:^GSPC) rose 0.79% to 7,499, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.52% to 26,214. Among building-products distribution and roofing, waterproofing and complementary construction materials peers, Builders FirstSource (NYSE:BLDR) fell 1.16% to $89.46. Entrepreneur Brad Jacobs founded QXO to unify the $800 billion building products distribution sector while utilizing technology to boost efficiency. Jacobs also established other successful ventures, such as XPO Logistics (NYSE:XPO) , a transportation and logistics firm, and United Rentals (NYSE:URI), an equipment rental company. Merger-election results were just announced for QXO’s latest acquisition, TopBuild (NYSE:BLD), with shareholders of both companies overwhelmingly approving all proposals required for QXO to complete its acquisition of TopBuild. That is now expected to occur on July 1. Yet 91% of TopBuild stockholders elected to receive the cash consideration, with just 9% either opting for QXO stock or not delivering a valid election, which will result in the stock consideration. That led to a decline in QXO shares today, though long-term shareholders should focus on how the company integrates the business and whether its expansion in scale will boost QXO’s reach in the sector. Before you buy stock in QXO, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and QXO wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $397,890!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,196,664!* Now, it’s worth noting Stock Advisor’s total average return is 902% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 1...

GREENWICH, Conn., June 12, 2026--(BUSINESS WIRE)--QXO, Inc. ("QXO") (NYSE: QXO) announced the early tender results of the previously announced tender offers and consent solicitations (collectively, the "Tender Offers and Consent Solicitations") by QXO’s wholly-owned subsidiary, Titanium MergerCo, Inc., a Delaware corporation (the "Company"), for the (i) $500.0 million aggregate principal amount of outstanding 4.125% Senior Notes due 2032 and (ii) $750.0 million aggregate principal amount of outstanding 5.625% Senior Notes due 2034 (together, the "Notes") of TopBuild Corp. ("TopBuild"). The Tender Offers and Consent Solicitations are being conducted in connection with QXO’s pending acquisition of TopBuild (the "TopBuild Acquisition"). The below table presents, according to information provided to the Company by D.F. King & Co., Inc., the information and tender agent (the "Information and Tender Agent") for the Tender Offers and Consent Solicitations, the aggregate principal amount of Notes validly tendered at or prior to 5:00 p.m., New York City time, on June 11, 2026 (the "Early Tender Deadline") and not validly withdrawn at or prior to 5:00 p.m., New York City time, on June 11, 2026 (the "Withdrawal Deadline") (the "Early Tender Notes"), and the percent of the aggregate principal amount of Notes outstanding constituting Early Tender Notes. (1) Per $1,000 principal amount of Notes accepted for purchase. (2) Does not include accrued and unpaid interest from the last date on which interest has been paid to, but excluding, the Settlement Date (as defined below) that will be paid on the Notes accepted for purchase. (3) Included in the Total Tender Offer Consideration for Early Tender Notes accepted for purchase. * CUSIPs and ISINs are provided for the convenience of Holders. No representation is made as to the correctness or accuracy of such numbers. Because the Company received consents in respect of a majority of the aggregate principal amount of each series of Notes then outstanding (excluding Notes owned by TopBuild, the guarantors of such Notes or by any person directly or indirectly controlling or controlled by or under direct or indirect common control with TopBuild or the guarantors of such Notes) (the "Requisite Consents"), TopBuild executed and delivered a supplemental indenture to each Indenture (as defined in the Offer to Purchase and Consent Solicit...

Shareholders might have noticed that QXO, Inc. (NYSE:QXO) filed its quarterly result this time last week. The early response was not positive, with shares down 7.1% to US$17.43 in the past week. It was a pretty bad result overall; while revenues were in line with expectations at US$1.7b, statutory losses exploded to US$0.35 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Taking into account the latest results, the consensus forecast from QXO's eight analysts is for revenues of US$13.5b in 2026. This reflects a sizeable 58% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 55% to US$0.40. Before this latest report, the consensus had been expecting revenues of US$11.5b and US$0.21 per share in losses. Ergo, there's been a clear change in sentiment, with the analysts lifting this year's revenue estimates, while at the same time increasing their loss per share numbers to reflect the cost of achieving this growth. See our latest analysis for QXO The consensus price target stayed unchanged at US$31.50, seeming to suggest that higher forecast losses are not expected to have a long term impact on the valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values QXO at US$50.00 per share, while the most bearish prices it at US$26.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of QXO'shistorical trends, as the 84% annualised revenue growth to the end of 2026 is roughly in line with the 94% annual growth over the past five years. Compare this with the broad...

GREENWICH, Conn., May 12, 2026--(BUSINESS WIRE)--QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today issued its financial results for the first quarter 2026. The Company reported a basic and diluted loss per common share of $(0.35) and an Adjusted Diluted Loss per Common Share, a non-GAAP financial measure, of $(0.12) for the three months ended March 31, 2026. FIRST QUARTER 2026 SUMMARY RESULTS Brad Jacobs, chairman and chief executive officer of QXO, said, "Our first quarter results reflect the softness we’re seeing in the building products industry, and our investments in the business, including people and technology. Operationally, we continue to execute our integration plan across the legacy Beacon business, supported by disciplined investments in technology, sales capacity, and other long-term initiatives. On M&A, we recently closed the $2.25 billion acquisition of Kodiak Building Partners, and announced the landmark $17 billion acquisition of TopBuild. Once we close the TopBuild deal, which is expected in the third quarter, QXO will be the second largest publicly traded building products distributor in North America. We remain firmly on track to achieve $50 billion in annual revenue within a decade." First Quarter Highlights Operational Results Net sales were $1.73 billion for the three months ended March 31, 2026. Adjusted Net Loss, a non-GAAP financial measure, was $57.2 million for the three months ended March 31, 2026. Adjusted Diluted Loss per Common Share, a non-GAAP financial measure, was $(0.12) for the three months ended March 31, 2026. Adjusted EBITDA, a non-GAAP financial measure, was $1.2 million for the three months ended March 31, 2026. Acquisitions and Financings In January 2026, we completed a registered common stock offering of 31.6 million shares and raised net proceeds of approximately $749 million. In addition, we received commitments from investors to invest up to $3.0 billion for the issuance of up to 300,000 shares of Series C Convertible Perpetual Preferred Stock with a stated value of $10,000 per share (the "Series C Preferred Stock"). The commitments are contingent upon the closing of one or more qualifying acquisitions (as defined in the related investment agreement). On April 1, 2026, we completed our acquisition of Kodiak Building Partners ("Kodiak") for a total purchase price of $2.25 billion. The purchase price comprised...

QXO, Inc. (QXO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of -200%. Revenues are expected to be $1.72 billion, up 12622.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.71% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is...

QXO, Inc. (NYSE:QXO) is among the 10 Unstoppable Stocks to Buy and Hold for the Next 3 Years. QXO, Inc. (NYSE:QXO) is one of the Unstoppable Stocks to Buy and Hold for the Next 3 Years. On February 25, the company released its financial results for Q4 2025, with QXO, Inc. (NYSE:QXO) reporting a GAAP basic and diluted loss per common share of -$0.17. This mainly reflects acquisition-related amortization and transaction costs. The company continues to execute against its integration plan throughout the legacy Beacon business amidst investments in technology, sales capacity, and other initiatives. Coming to the M&A, QXO, Inc. (NYSE:QXO)’s agreement to acquire Kodiak Building Partners for $2.25 billion triples its total addressable market to over $200 billion. The company grew its EBITDA run rate to over $1 billion in less than 10 months with Kodiak. While QXO, Inc. (NYSE:QXO)’s acquisition pipeline remains active, it is also on track to achieve annual revenue of $50 billion. QXO, Inc. (NYSE:QXO)’s net sales came in at $2.19 billion for the 3 months ended December 31, 2025. It expects the acquisition of Kodiak Building Partners to close early in Q2 2026. The acquisition will be highly accretive to the company’s earnings for 2026. While we acknowledge the potential of QXO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 High-Flying Stocks to Buy Right Now. Disclosure: None. Follow Insider Monkey on Google News.

GREENWICH, Conn., February 25, 2026--(BUSINESS WIRE)--QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today issued its financial results for the fourth quarter 2025, in line with the preliminary fourth-quarter information provided during last month’s common stock offering. The Company reported a GAAP basic and diluted loss per common share of $(0.17), primarily reflecting acquisition-related amortization and transaction costs, and an Adjusted Diluted Earnings per Common Share ("Adjusted Diluted EPS"), a non-GAAP financial measure, of $0.02 for the three months ended December 31, 2025. For the full year 2025, the Company reported a GAAP basic and diluted loss per common share of $(0.63) and an Adjusted Diluted EPS, a non-GAAP financial measure, of $0.34. Note: the following summary financial results include the legacy Beacon Roofing Supply, Inc. ("Beacon") operational results from the date of acquisition on April 29, 2025. Brad Jacobs, chairman and chief executive officer of QXO, said, "Our fourth quarter results were in line with the pre-announcement we made last month. Operationally, we are executing against our integration plan across the legacy Beacon business, supported by disciplined investments in technology, sales capacity, and other high-return, long-term initiatives. On the M&A front, our recently announced $2.25 billion agreement to acquire Kodiak Building Partners triples our total addressable market to more than $200 billion. With Kodiak, we have grown our EBITDA run rate to more than $1 billion in under 10 months. Our acquisition pipeline remains very active, keeping us firmly on track to achieve $50 billion in annual revenue." Fourth Quarter Highlights Net sales were $2.19 billion for the three months ended December 31, 2025. Adjusted Net Income, a non-GAAP financial measure, was $52.1 million for the three months ended December 31, 2025. Adjusted Diluted EPS, a non-GAAP financial measure, was $0.02 for the three months ended December 31, 2025. Adjusted EBITDA, a non-GAAP financial measure, was $150.3 million for the three months ended December 31, 2025. Adjusted EBITDA Margin, a non-GAAP financial measure, was 6.9% for the three months ended December 31, 2025. We expect the acquisition of Kodiak Building Partners to close early in the second quarter of 2026, subject to the satisfaction of customary closing conditions, and be highly accretive to...

GREENWICH, Conn., January 15, 2026--(BUSINESS WIRE)--QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today announced the following summarized preliminary financial information. The Company expects to file its annual report on Form 10-K for the year ended December 31, 2025 on February 26, 2026. FOURTH QUARTER 2025 SUMMARY PRELIMINARY RESULTS Net sales of approximately $2.19 billion Adjusted EBITDA of approximately $150 million The Company’s preliminary unaudited financial results in this press release for the fourth quarter ended December 31, 2025 are preliminary, unaudited and subject to completion, and may change as a result of management’s continued review. Such preliminary results are subject to the finalization of quarter-end financial and accounting procedures. The preliminary financial results represent management estimates that constitute forward-looking statements subject to risks and uncertainties. As a result, the preliminary financial results may materially differ from the actual results when they are completed and publicly disclosed. These preliminary results should not be viewed as a substitute for the Company's full fourth quarter financial statements and do not present all information necessary for a complete understanding of financial performance. About QXO QXO is the largest publicly traded distributor of roofing, waterproofing and complementary building products in North America. The Company plans to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for shareholders. The Company is executing its strategy toward a target of $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. Non-GAAP Financial Measures QXO presents Adjusted EBITDA, a non-GAAP financial measure, in this press release. We calculate Adjusted EBITDA as net income (loss) excluding depreciation; amortization; interest expense, net; stock-based compensation; provision for (benefit from) income taxes; restructuring costs; transaction costs; transformation costs; and inventory fair value adjustments that we do not consider representative of our underlying operations. We have not provided a reconciliation of our forward-looking non-GAAP measure of adjusted EBITDA to the most comparable GAAP measure of net income (loss). Providing...

With significant upside potential and hedge fund interest, QXO Inc. (NYSE:QXO) secured a spot on our list of the 15 stocks set to explode in 2026. QXO, Inc. (NYSE:QXO) reported its Q3 2025 results on November 6, 2025, which aligned with previously announced preliminary figures disclosed alongside the announcement of its recent term loan refinancing. With an 11.1% adjusted EBITDA margin, the company reported an adjusted diluted EPS of $0.14 and adjusted EBITDA of $301.9 million. Reporting $2.73 billion in revenue, the company’s leadership reaffirmed its trajectory toward $50 billion in annual revenue within the next decade, citing strong execution in optimizing Beacon, its wholly-owned subsidiary. QXO, Inc. (NYSE:QXO)’s management stated that it is on track to grow legacy Beacon’s EBITDA to over $2 billion. The company reported adjusted diluted EPS of $0.14. The company’s earnings release was followed by Wells Fargo’s “Buy” rating with a $30 price target on the same day. The firm’s analyst, Sam Reid, cited the company’s strong performance in Q3, highlighting its stable gross and EBITDA margins amid a challenging macroeconomic environment. Furthermore, he highlighted the company’s trajectory toward achieving $50 billion in annual revenue within the next decade. While the analyst acknowledged a soft short-term outlook due to external pressures, he believes the company’s long-term outlook remains robust, driven by potential deals and acquisitions. QXO, Inc. (NYSE:QXO), the largest publicly traded distributor of roofing, waterproofing, and complementary building products in North America, sees itself becoming the tech-enabled leader in the $800 billion building products distribution industry. While we acknowledge the potential of QXO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Oil and Gas Penny Stocks to Buy According to Analysts and Billionaire Jacob Rothschild’s RIT Capital Partners: 9 Stocks with Huge Upside Potential. Disclosure: None.