For the quarter ending 2025-09-30, QXO has $16,642,900K in assets. $6,821,000K in debts. $2,306,900K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,306,900 | 2,278,500 | 5,081,672 | 5,068,504 |
| Accounts receivable, net | 1,562,400 | 1,575,700 | 3,237 | 2,736 |
| Inventories, net | 1,663,800 | 1,849,600 | - | - |
| Vendor rebates receivable | 496,800 | 468,700 | - | - |
| Income tax receivable | 98,600 | 222,800 | - | - |
| Prepaid expenses and other current assets | 86,800 | 99,500 | 19,135 | 18,339 |
| Total current assets | 6,215,300 | 6,494,800 | 5,104,044 | 5,089,579 |
| Property and equipment, net | 691,000 | 696,300 | 535 | 445 |
| Goodwill | 5,070,800 | 5,137,900 | 1,160 | 1,160 |
| Intangibles, net | 3,938,100 | 4,003,800 | 4,460 | 4,024 |
| Operating lease right-of-use assets, net | 696,900 | 747,300 | 212 | 259 |
| Deferred income tax assets, net | 0 | 0 | 2,603 | 2,603 |
| Other assets, net | 30,800 | 34,100 | 182 | 192 |
| Total assets | 16,642,900 | 17,114,200 | 5,113,196 | 5,098,262 |
| Accounts payable | 1,277,700 | 1,426,900 | 5,837 | 6,194 |
| Accrued expenses | 601,200 | 585,700 | 43,947 | 35,692 |
| Deferred revenue | - | - | 3,498 | 2,900 |
| Current portion of operating lease liabilities | 108,500 | 108,300 | 182 | 188 |
| Current portion of finance lease liabilities | 46,800 | 44,500 | 131 | 128 |
| Total current liabilities | 2,034,200 | 2,165,400 | 53,595 | 45,102 |
| Borrowings under revolving lines of credit | 43,000 | 199,900 | - | - |
| Long-term debt, net | 3,052,900 | 3,051,500 | - | 0 |
| Deferred income tax liabilities, net | 962,300 | 1,042,300 | - | - |
| Operating lease liabilities | 564,900 | 571,500 | 31 | 71 |
| Finance lease liabilities | 138,300 | 139,500 | 156 | 190 |
| Other long-term liabilities | 25,400 | 28,800 | - | - |
| Total liabilities | 6,821,000 | 7,198,900 | 53,782 | 45,363 |
| Preferred stock, 0.001 par value authorized 10,000,000 shares, 1,000,000 shares issued and outstanding as of march31, 2025 and december31, 2024, respectively | - | - | 498,621 | 498,621 |
| Preferred stock-Mandatory Convertible Preferred Stock | 558,100 | 558,100 | - | - |
| Common stock, 0.00001 par value authorized 2,000,000,000 shares, 409,430,195 shares issued and outstanding as of march31, 2025 and december31, 2024, respectively | - | - | 4 | 4 |
| Preferred stock-Convertible Preferred Stock | 498,600 | 498,600 | - | - |
| Additional paid-in capital | 9,039,200 | 8,965,800 | 4,580,763 | 4,560,503 |
| Retained earnings (accumulated deficit) | -273,900 | -104,100 | -19,974 | -6,229 |
| Accumulated other comprehensive loss | -100 | -3,100 | - | - |
| Total stockholders equity | 9,821,900 | 9,915,300 | 5,059,414 | 5,052,899 |
| Total liabilities and stockholders equity | 16,642,900 | 17,114,200 | 5,113,196 | 5,098,262 |
QXO, Inc. (QXO)
QXO, Inc. (QXO)