QXO
QXOFDocument history
Earnings documents stored for QXO.
Investor releaseQuarter not tagged2026-05-15QXO, Inc. (NYSE:QXO) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Simply Wall St.
QXO, Inc. (NYSE:QXO) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
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...
Investor releaseQuarter not tagged2026-05-13QXO Reports First Quarter 2026 Results
Business Wire
QXO Reports First Quarter 2026 Results
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...
Investor releaseQuarter not tagged2026-05-07Analysts Estimate QXO, Inc. (QXO) to Report a Decline in Earnings: What to Look Out for
Zacks
Analysts Estimate QXO, Inc. (QXO) to Report a Decline in Earnings: What to Look Out for
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...
Investor releaseQuarter not tagged2026-03-01QXO, Inc. (QXO) Releases Financial Results for Q4 2025
Insider Monkey
QXO, Inc. (QXO) Releases Financial Results for Q4 2025
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.
Investor releaseQuarter not tagged2026-02-26QXO Reports Fourth Quarter 2025 Results
Business Wire
QXO Reports Fourth Quarter 2025 Results
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...
Investor releaseQuarter not tagged2026-01-16QXO Announces Fourth Quarter Summarized Preliminary Financial Information
Business Wire
QXO Announces Fourth Quarter Summarized Preliminary Financial Information
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...
Investor releaseQuarter not tagged2025-11-11QXO (QXO) Reports Q3 2025 Results, Wells Fargo Reiterates Bullish Stance
Insider Monkey
QXO (QXO) Reports Q3 2025 Results, Wells Fargo Reiterates Bullish Stance
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.
Investor releaseQuarter not tagged2025-11-10Did QXO's (QXO) Earnings Beat and Stable Margins Just Shift Its Investment Narrative?
Simply Wall St.
Did QXO's (QXO) Earnings Beat and Stable Margins Just Shift Its Investment Narrative?
QXO, Inc. reported third-quarter 2025 results, posting US$2.73 billion in sales and an adjusted earnings of US$0.14 per share, both above analyst estimates, despite recording a net loss of US$139.4 million. Analysts highlighted the company's stable gross and EBITDA margins and growth initiatives, which helped maintain positive sentiment even as the market faced macroeconomic challenges. We'll explore how QXO's ability to outperform analyst earnings expectations may reshape its investment narrative moving forward. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 35 best rare earth metal stocks of the very few that mine this essential strategic resource. For anyone considering QXO stock, the investment case centers on whether the company can translate its blockbuster revenue gains and outperformance on adjusted earnings into a sustainable business, despite ongoing net losses and a rapid pace of corporate change. The recent third-quarter results topped analyst earnings expectations but came with a sizeable net loss and heavier reported losses than a year ago. Looking ahead, key catalysts remain the ramp-up of its acquisitions and tech-driven initiatives, with analyst optimism buoyed by stable margins and large growth targets. However, the risks may be shifting: after massive sales growth, QXO faces questions around its ability to turn scale into consistent profits, particularly given share dilution, a relatively inexperienced board, and rising management costs. This news doesn’t materially change the company’s immediate trajectory, but it keeps the spotlight on how quickly management can deliver profitable growth while maintaining investor confidence. But with so much executive turnover, the risks around leadership experience are important for investors to recognize. Despite retreating, QXO's shares might still be trading above their fair value and there could be some more downside. Discover how much. Twelve members of the Simply Wall St Community value QXO between US$0.16 and US$73.25 per share. Some see significant upside, others signal caution. With management changes and rising losses, the debate around future performance is only intensifying. Check out these diverse views to see why opinion is so divid...
Investor releaseQuarter not tagged2025-11-07QXO Reports Q3 Adjusted Earnings, Higher Sales
MT Newswires
QXO Reports Q3 Adjusted Earnings, Higher Sales
QXO (QXO) reported Q3 adjusted earnings late Thursday of $0.14 per diluted share, compared with a "n
Investor releaseQuarter not tagged2025-11-07QXO, Inc. (QXO) Q3 Earnings and Revenues Surpass Estimates
Zacks
QXO, Inc. (QXO) Q3 Earnings and Revenues Surpass Estimates
QXO, Inc. (QXO) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to a loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.11, delivering a surprise of +175%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. QXO INC, which belongs to the Zacks Technology Services industry, posted revenues of $2.73 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.39%. This compares to year-ago revenues of $13.15 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. QXO INC shares have added about 3.7% since the beginning of the year versus the S&P 500's gain of 15.6%. While QXO INC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for QXO INC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will...
Investor releaseQuarter not tagged2025-11-07QXO Reports Third Quarter 2025 Results
Business Wire
QXO Reports Third Quarter 2025 Results
GREENWICH, Conn., November 06, 2025--(BUSINESS WIRE)--QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today issued its financial results for the third quarter 2025, in line with the preliminary third-quarter information provided during last week’s term loan refinancing. The Company reported a basic and diluted loss per common share of $(0.24) and an Adjusted Diluted Earnings per Common Share ("Adjusted Diluted EPS"), a non-GAAP financial measure, of $0.14 for the three months ended September 30, 2025. Brad Jacobs, chairman and chief executive officer of QXO, said, "We’re making excellent progress optimizing Beacon and continue to find new avenues for growth. We outperformed the market this quarter and are firmly on track to organically grow legacy Beacon’s EBITDA to more than $2 billion. This momentum, combined with a very robust acquisition pipeline, primes us to reach $50 billion in annual revenue within a decade." Third Quarter Highlights Net sales were $2.73 billion for the three months ended September 30, 2025. Adjusted Gross Margin, a non-GAAP financial measure, for the three months ended September 30, 2025 was 25.2%. Adjusted Net Income, a non-GAAP financial measure, was $166.2 million for the three months ended September 30, 2025. Adjusted Diluted EPS, a non-GAAP financial measure, was $0.14 for the three months ended September 30, 2025. Adjusted EBITDA, a non-GAAP financial measure, was $301.9 million for the three months ended September 30, 2025. Adjusted EBITDA Margin, a non-GAAP financial measure, was 11.1% for the three months ended September 30, 2025. 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 As required by the rules of the Securities and Exchange Commission ("SEC"), we provide reconciliations of the non-GAAP financial measures contained in this press release to the most directly comparable measure under GAAP, which are set forth in the financial tables attached to this press...
Investor releaseQuarter not tagged2025-11-062 Business Services Firms Poised to Beat Estimates This Earnings Season
Zacks
2 Business Services Firms Poised to Beat Estimates This Earnings Season
Reflecting on the second quarter of 2025, the U.S. services sector sustained its expansion, though momentum remained moderate compared with earlier quarters. According to the Bureau of Economic Analysis, real GDP increased at an annual rate of 3.8% during April-June, signaling a notable rebound from the revised 0.6% contraction recorded in the first quarter. This improvement highlighted the economy’s resilience despite a backdrop of persistent inflationary pressures and cautious consumer sentiment. Growth was largely driven by strong private-sector performance, as real value added surged 10.2% in goods-producing industries and 3.5% in services-producing industries. However, this progress was partially offset by a 3.2% decline in government output. The services sector’s steady performance underscores the U.S. economy’s adaptability, supported by sustained consumer demand. Service industries, including transportation and warehousing, retail and wholesale trade, utilities, finance, insurance, health care and social assistance, demonstrated resilience and healthy activity by the end of the quarter, benefiting from rising household consumption. Nevertheless, not all segments moved in unison. Construction, rental and leasing, management of companies and support services, as well as professional, scientific, and technical services, exhibited relative weakness, reflecting higher borrowing costs. Overall, the mixed momentum suggests that while the U.S. services sector continues to anchor economic growth, underlying disparities between industries highlight the economy’s ongoing transition toward a more balanced and sustainable expansion. Some service providers are set to report their earnings results over the next few weeks. We have picked two stocks, QXO Inc. QXO and Bitdeer Technologies Group BTDR, which are well-positioned to beat earnings estimates this season. With the existence of a number of players in the sector, finding the right business services stocks that have the potential to beat on earnings can be daunting. Our proprietary methodology, however, makes it fairly simple. You could narrow down the list of choices by looking at stocks that have the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Earnings ESP is o...

