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QXO, Inc. income statement

In fiscal 2025, QXO, Inc. reported revenue of $6.84bn, up 11925.0% on the year before, operating income of −$245m (a -3.6% margin) and net income of −$279m, or −$0.63 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue711131721283435363941424555576,8429,899
Cost of revenue5681113172121222425242733345,2707,521
Gross profit34579111314141517171822231,5732,378
Selling, general and administrative—47——————————22931,3952,040
Selling and marketing———3344567778————
General and administrative2——3466789899————
Operating income−10−100011−1−20−0−0−1−71−245−338
Interest expense———————————0000174243
Net interest income−0−0−0−0−0−0−0−0−0−0−0−0—————
Income before tax−13−100011−1−200−0−151−337−475
Income tax000−000−21−0−000−0−023−5836
Net income−03−10003−0070−0−0−128−279−512
Diluted EPS−$0.35$0.05−$0.00$0.21$0.02$0.03$0.26−$0.04$0.02$0.50$0.01−$0.01−$0.02−$0.54−$0.04−$0.63−$0.69
Diluted shares (average)1m40m43m1m1m2m2m2m2m2m2m2m2m2m612m613m737m
EBITDA−10−101111−1−2100−0−71−137−153

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from QXO, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to QXO, Inc.