QXO, Inc.QXOEarnings & Financial Report
NYSE
Brad Jacobs is an American businessman who is chairman and CEO of QXO, Inc.
QXO Q3 2025 Key Financial Metrics
Revenue
$2.7B
Gross Profit
$635.8M
Operating Profit
$25.8M
Net Profit
$-139.4M
Gross Margin
23.3%
Operating Margin
0.9%
Net Margin
-5.1%
YoY Growth
20639.6%
EPS
$-0.24
Financial Flow
QXO, Inc. Q3 2025 Financial Summary
QXO, Inc. reported revenue of $2.7B for Q3 2025, with a net profit of $-139.4M (-5.1% margin). Cost of goods sold was $2.1B, operating expenses totaled $610.0M.
Key Financial Metrics
| Total Revenue | $2.7B |
|---|---|
| Net Profit | $-139.4M |
| Gross Margin | 23.3% |
| Operating Margin | 0.9% |
| Report Period | Q3 2025 |
QXO, Inc. Annual Revenue by Year
QXO, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $56.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $56.9M |
| 2023 | $54.5M |
| 2022 | $45.0M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.7M | $14.4M | $14.5M | $13.2M | $14.7M | $13.5M | $1.91B | $2.73B |
| YoY Growth | 18.6% | 10.0% | 9.7% | -2.0% | 0.2% | -6.4% | 13011.4% | 20639.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $20.5M | $20.9M | $988.2M | $5.06B | $5.10B | $5.11B | $17.11B | $16.64B |
| Liabilities | $13.0M | $13.2M | $16.9M | $19.9M | $45.4M | $53.8M | $7.20B | $6.82B |
| Equity | $7.5M | $7.6M | $971.2M | $5.04B | $5.05B | $5.06B | $9.92B | $9.82B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-233918 | $365512 | $-1.0M | $31.6M | $54.0M | $36.5M | $-174.2M | $212.5M |