QXO, Inc. Income Statement
QXO / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
QXO, Inc. reported $6.8B in revenue and $279M in net loss for FY2025. Revenue has grown at a 58.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.20 (distress zone, below 1.8 threshold)
- Strong profit margin: 49.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.8B | $56.9M | $54.5M | $45.0M | $41.7M | $41.2M | $38.5M | $36.1M | $34.9M | $34.1M | $27.6M | $21.5M | $17.4M | $13.2M | $10.5M |
| Cost of Revenue | $5.3B | $33.8M | $32.9M | $27.0M | $24.5M | $24.6M | $23.8M | $22.2M | $21.0M | $21.4M | $16.8M | $12.9M | $10.6M | $7.8M | $6.0M |
| Gross Profit | $1.6B | $23.1M | $21.6M | $18.0M | $17.2M | $16.6M | $14.7M | $13.9M | $13.9M | $12.7M | $10.8M | $8.6M | $6.8M | $5.3M | $4.5M |
| SG&A Expense | $1.4B | $93.0M | $22.1M | $9.5M | $9.4M | $8.3M | $8.8M | $8.0M | $7.4M | $6.4M | $5.6M | $4.3M | $2.9M | $6.5M | $4.2M |
| Operating Income | -$245.2M | -$71.0M | -$1.3M | -$385.4K | -$231.0K | $223.4K | -$1.9M | -$1.2M | $939.3K | $1.3M | $357.8K | $470.7K | $258.6K | -$1.2M | $260.1K |
| Interest Expense | - | - | $55.7K | $89.0K | $46.8K | - | - | - | - | - | - | - | - | - | - |
| Income Tax | -$57.7M | $22.8M | -$297.0K | -$192.2K | $178.0K | $47.4K | -$455.0K | -$281.2K | $1.4M | -$2.2M | $60.0K | $218.0K | -$120.0K | $0 | $0 |
| Net Income | -$279.4M | $28.0M | -$1.1M | -$282.2K | -$134.4K | $175.6K | $6.8M | $262.4K | -$486.5K | $3.4M | $374.3K | $192.9K | $322.5K | -$1.2M | $2.6M |
| EPS (Basic) | -$0.11 | -$1.63 | -$0.05 | -$0.05 | $0.04 | $1.51 | $0.06 | -$0.11 | $0.78 | $0.09 | $0.05 | $0.08 | -$0.01 | $0.58 | -$0.13 |
| EPS (Diluted) | -$0.11 | -$1.63 | -$0.05 | -$0.05 | $0.04 | $1.51 | $0.06 | -$0.11 | $0.77 | $0.09 | $0.05 | $0.08 | -$0.01 | $0.02 | -$0.13 |
| Shares Outstanding | 5.3M | 664.4K | 5.3M | 5.2M | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 4.4M | 4.0M | 3.9M | 117.0M | 105.8M | 3.6M |
| Gross Margin | 23.0% | 40.6% | 39.6% | 39.9% | 41.3% | 40.2% | 38.1% | 38.4% | 39.8% | 37.3% | 39.2% | 39.9% | 38.8% | 40.5% | 42.7% |
| Operating Margin | -3.6% | -124.8% | -2.4% | -0.9% | -0.5% | 0.5% | -5.0% | -3.2% | 2.7% | 3.7% | 1.3% | 2.2% | 1.5% | -8.9% | 2.5% |
| Profit Margin | -4.1% | 49.2% | -2.0% | -0.6% | -0.3% | 0.4% | 17.6% | 0.7% | -1.4% | 10.1% | 1.4% | 0.9% | 1.8% | -9.4% | 24.9% |