For the year ending 2025-12-31, QXO-PB made $6,842,200,000 in revenue. -$279,400,000 in net income. Net profit margin of -4.08%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales | 6,842,200,000 | 56,873,000 | 54,516,941 | 44,985,276 |
| Product | - | 9,434,000 | 8,512,767 | 7,077,804 |
| Service Net | - | - | 24,390,365 | 19,946,736 |
| Service | - | 24,507,000 | - | - |
| Total cost of revenue | - | 33,941,000 | 32,903,132 | 27,024,540 |
| Cost of products sold | 5,269,500,000 | - | - | - |
| Gross profit | 1,572,700,000 | - | 21,613,809 | 17,960,736 |
| Selling and marketing expenses | - | - | 8,852,739 | 7,745,265 |
| General and administrative expenses | - | - | 10,217,157 | 9,471,625 |
| Selling, general and administrative | 1,394,800,000 | 92,943,000 | - | - |
| Share-based compensation expenses | - | - | 41,497 | 180,260 |
| Depreciation | 108,400,000 | 989,000 | - | - |
| Depreciation and amortization expenses | - | - | 828,157 | 948,965 |
| Amortization | 314,700,000 | - | - | - |
| Total operating expense | 1,817,900,000 | 93,932,000 | 19,939,550 | 18,346,115 |
| Loss from operations | -245,200,000 | -71,000,000 | 1,674,259 | -385,379 |
| Interest expense, net | - | - | 55,666 | 89,024 |
| Gain on bargain purchase | - | - | - | 0 |
| Interest (expense) income, net | -47,700,000 | 121,812,000 | - | - |
| Gain on sale of product line | - | - | - | 0 |
| Deal costs | - | - | 2,986,107 | - |
| Loss on debt extinguishment | -49,700,000 | - | - | - |
| Total other income (expense) | - | 121,812,000 | -3,041,773 | -89,024 |
| Other income, net | 5,500,000 | - | - | - |
| (loss) income before (benefit from) provision for income taxes | -337,100,000 | 50,812,000 | -1,367,514 | -474,403 |
| (benefit from) provision for income taxes | -57,700,000 | 22,843,000 | -297,419 | -192,184 |
| Net (loss) income | -279,400,000 | 27,969,000 | -1,070,095 | -282,219 |
| Basic EPS | -0.63 | -0.11 | -0.2 | -0.05 |
| Diluted EPS | -0.63 | -0.11 | -0.2 | -0.05 |
| Basic Average Shares | 613,000,000 | 203,998,000 | 5,259,595 | 5,167,081 |
| Diluted Average Shares | 613,000,000 | 203,998,000 | 5,259,595 | 5,167,081 |
QXO, Inc. (QXO-PB)
QXO, Inc. (QXO-PB)