Company / Income Tax
QXO, Inc. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
-$57.7M
FY2025
5-year range
-$57.7M / $22.8M
FY2021-FY2025
Trend
-353.1%
vs FY2024
Sector context
#337 of 346
Industrials
What the data says
Income Tax changed -353% YoY in FY2025, a notable deviation from the 9-year average annual change of +836%.
Based on SEC 10-K filings.
-$58M in FY2025.
Improved from -$297,000 to -$58M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 3% in IndustrialsTop 3% of 346This company -$57.7M Sector average $126.0M
▼
-145.8% below sector average
Key checks
Key Insights
- In FY2025, income tax decreased 353.1% year-over-year.
- Ranks #337 out of 346 companies in the Industrials sector.
- Peak income tax was recorded in FY2024.
Company context
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.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$57.7M | -353.1% |
| FY2024 | $22.8M | +7776.8% |
| FY2023 | -$297.0K | -54.5% |
| FY2022 | -$192.2K | -208.0% |
| FY2021 | $178.0K | +275.6% |
| FY2020 | $47.4K | +110.4% |
| FY2019 | -$455.0K | -61.8% |
| FY2018 | -$281.2K | -120.2% |
| FY2017 | $1.4M | +162.7% |
| FY2016 | -$2.2M | -3806.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026