NYSE:QXO
QXO, Inc.
QXO, Inc.'s revenue grew 11925.0% in fiscal 2025 to $6.8B while operating margin rose to −3.6%. Free cash flow was $183.2M, 2.7% of revenue, and the diluted share count rose 200.5%.Summary generated from QXO, Inc.'s SEC filings. Latest annual report filed Feb 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$6.8B
Revenue growth+11925.0%
Revenue, 5-yr CAGR+178.0%
Gross margin23.0%
Operating margin−3.6%
Net margin−4.1%
ROIC−3.7%
Return on equity−3.8%
Debt / equity0.31
Free cash flow$183.2M
FCF margin2.7%
Share count change+200.5%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 42 | 45 | 55 | 57 | 6,842 |
| Operating income | −0 | −0 | −1 | −71 | −245 |
| Net income | −0 | −0 | −1 | 28 | −279 |
| Free cash flow | 0 | 2 | 0 | 85 | 183 |
Recent filings
- 4Insider transaction report
Sep 17, 2026 - 8-KDirector or officer change
Aug 24, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 14, 2026 - 8-KResults of operations and financial condition
Aug 13, 2026 - 8-KOther events
Jul 23, 2026 - 4Insider transaction report
Jul 17, 2026 - 8-KRegulation FD disclosure
Jul 9, 2026 - 8-KEntry into a material agreement
Jul 1, 2026