QXO Quarterly Income Statement
NYSE: QXOConsumer DiscretionaryRETAIL: Building MaterialsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
QXO revenue and earnings
In the quarter ended Jun 30, 2026, QXO generated $3.25 billion in revenue, up 70.3% from the same quarter a year earlier. QXO reported a net loss of $55.0 million, compared with a loss of $59.0 million a year earlier. Gross margin was 24.7% (up from 21.0%) and operating margin -1.3%.
Diluted earnings per share came in at -$0.14.
Summary generated from market data by MetaCap's automated system. Methodology
QXO income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.25B | 1.73B | 2.19B | 2.73B | 1.91B | 13.50M | 14.80M | 13.10M | 14.50M | 14.44M | 14.71M | 13.42M |
| Revenue growth (YoY) | +70.30% | +12716.30% | +14725.00% | +20726.72% | +13044.83% | -6.48% | +0.62% | -2.41% | +9.37% | +9.96% | +18.56% | +22.96% |
| Cost of Revenue | 2.44B | 1.32B | 1.66B | 2.09B | 1.50B | 8.12M | 8.71M | 7.71M | 8.74M | 8.78M | 8.99M | 8.07M |
| Gross Profit | 803.00M | 409.30M | 529.90M | 635.80M | 401.00M | 5.40M | 6.10M | 5.50M | 5.80M | 5.66M | 5.72M | 5.35M |
| Operating Expenses | 845.00M | 661.20M | 599.40M | 610.00M | 564.00M | 44.70M | 39.30M | 39.20M | 10.10M | 5.43M | 5.30M | 7.91M |
| Selling, General & Admin | 649.00M | 497.00M | 441.10M | 452.50M | 457.00M | 44.40M | 39.00M | 39.00M | 9.80M | 5.19M | 5.08M | 7.71M |
| Operating Income | -42.00M | -251.90M | -69.50M | 25.80M | -163.00M | -39.30M | -33.20M | -33.70M | -4.30M | 228.00K | 422.00K | -2.56M |
| Interest Expense | 65.00M | 56.50M | 58.70M | 62.30M | 52.00M | 0 | 0 | 0 | 0 | 20.06K | 13.34K | 7.65K |
| Other Income (Expense) | 3.00M | 2.70M | 2.40M | 1.40M | 2.00M | 56.55M | 61.37M | 56.99M | 3.47M | -20.00K | -14.00K | -8.00K |
| Pretax Income | -77.00M | -280.30M | -107.50M | -10.50M | -237.00M | 17.30M | 28.20M | 23.30M | -800.00K | 208.00K | 408.18K | -2.57M |
| Income Tax | -22.00M | -53.20M | -17.30M | 128.90M | -178.00M | 8.50M | 16.90M | 6.10M | -200.00K | 70.00K | -11.00K | -456.00K |
| Net Income | -55.00M | -227.10M | -90.20M | -139.40M | -59.00M | 8.80M | 11.30M | 17.20M | -600.00K | 138.00K | 419.00K | -2.11M |
| Net Income growth (YoY) | — | -2680.68% | -898.23% | -910.47% | — | +6276.81% | +2596.90% | — | -274.42% | -50.27% | — | — |
| EPS (Basic) | -0.14 | -0.35 | -0.21 | -0.24 | -0.15 | -0.03 | 9.62 | -0.01 | -9.93 | 0.21 | 0.08 | -3.21 |
| EPS (Diluted) | -0.14 | -0.35 | -0.21 | -0.24 | -0.15 | -0.03 | 9.62 | -0.01 | -9.93 | 0.21 | 0.08 | -3.21 |
| Shares Outstanding (Basic) | 767.30M | 744.40M | — | 715.30M | 564.70M | 451.40M | — | 358.80M | 700.00K | 664.00K | — | 657.00K |
| Shares Outstanding (Diluted) | 767.30M | 744.40M | — | 715.30M | 564.70M | 451.40M | — | 358.80M | 700.00K | 664.00K | — | 657.00K |
| EBITDA | 14.00M | -204.60M | -28.10M | 65.50M | -136.00M | -39.20M | -33.20M | -33.70M | -4.20M | 468.00K | 642.00K | -2.36M |
| Gross Margin | 24.74% | 23.66% | 24.15% | 23.30% | 21.04% | 40.00% | 41.22% | 41.98% | 40.00% | 39.19% | 38.89% | 39.86% |
| Operating Margin | -129.00% | -14.56% | -3.17% | 95.00% | -8.55% | -291.11% | -224.32% | -257.25% | -29.66% | 1.58% | 2.87% | -19.06% |
| Net Margin | -1.69% | -13.13% | -4.11% | -5.11% | -3.10% | 65.19% | 76.35% | 131.30% | -4.14% | 96.00% | 2.85% | -15.72% |
This table shows 12 quarterly periods of QXO's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow QXO's reporting calendar. What is a income statement?