Company / SG&A Expense
QXO, Inc. SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$1.4B
FY2025
5-year range
$9.4M / $1.4B
FY2021-FY2025
Trend
+1399.8%
vs FY2024
Sector context
#54 of 302
Industrials
What the data says
SG&A Expense changed +1400% YoY in FY2025, a notable deviation from the 9-year average annual change of +211%.
Based on SEC 10-K filings.
$1.4B in FY2025 with a 5-year CAGR of +178.8%. Top quartile in the Industrials sector.
Increased from $22M to $1.4B over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +428.1%
- 5-Year CAGR
- +178.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 18% in IndustrialsTop 82% of 302This company $1.4B Sector average $871.1M
▼
+60.1% above sector average
Key checks
Key Insights
- QXO, Inc.'s sg&a expense has grown for 5 consecutive years.
- 5-year CAGR of +178.8%, indicating consistent growth.
- In FY2025, sg&a expense increased 1399.8% year-over-year.
- Ranks #54 out of 302 companies in the Industrials sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.4B | +1399.8% |
| FY2024 | $93.0M | +320.9% |
| FY2023 | $22.1M | +133.3% |
| FY2022 | $9.5M | +0.7% |
| FY2021 | $9.4M | +13.6% |
| FY2020 | $8.3M | -5.7% |
| FY2019 | $8.8M | +9.9% |
| FY2018 | $8.0M | +8.5% |
| FY2017 | $7.4M | +15.4% |
| FY2016 | $6.4M | +13.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026