For the quarter ending 2026-03-31, QXO had $684,700K increase in cash & cash equivalents over the period. $48,100K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total net sales | 1,730,200 | 2,194,100 | 2,728,300 | 1,906,292 |
| Cost of products sold | 1,320,900 | 1,664,200 | 2,092,500 | 1,512,800 |
| Selling, general administrative expenses | 457,800 | 412,900 | 421,400 | 416,000 |
| Stock-based compensation | 39,200 | 28,200 | 31,100 | 64,940 |
| Other segment items | 139,400 | 179,000 | 322,700 | 3,362 |
| Net (loss) income | -227,100 | -90,200 | -139,400 | -58,555 |
| Depreciation | 47,300 | 41,400 | 39,700 | 27,244 |
| Amortization | 116,900 | 116,900 | 117,800 | 79,778 |
| Stock-based compensation | 39,200 | 28,200 | 31,100 | 64,940 |
| Amortization of debt issuance costs | 2,300 | 2,300 | 2,100 | 2,300 |
| Loss on debt extinguishment | - | -4,000 | 0 | -45,700 |
| Provision for credit losses | 11,500 | 6,800 | 4,300 | 2,685 |
| Non-cash lease expense | 32,300 | 17,900 | 42,200 | 27,853 |
| Deferred income taxes | -53,300 | -85,300 | 2,800 | 21,900 |
| Accounts receivable | -300 | -389,200 | 3,300 | 225,583 |
| Inventories | 183,900 | -125,900 | -177,500 | 15,600 |
| Vendor rebates receivable | 56,000 | -69,900 | 28,200 | 228,500 |
| Income tax receivable | 1,300 | -66,900 | -124,500 | 202,400 |
| Prepaid expenses and other current assets | 11,200 | -7,000 | -11,800 | -1,896 |
| Accounts payable and accrued expenses | 379,200 | -503,100 | -135,400 | 312,100 |
| Other assets and liabilities | 25,600 | 11,200 | 35,000 | 21,500 |
| Net cash provided by operating activities | 70,600 | 186,600 | 212,500 | -174,204 |
| Capital expenditures | 22,500 | 28,400 | 30,100 | 19,700 |
| Acquisition of business, net of cash acquired | - | 0 | 0 | 10,556,500 |
| Other | -3,000 | -2,500 | -1,100 | -800 |
| Net cash used in investing activities | -19,500 | -25,900 | -29,000 | -10,574,595 |
| Borrowings under revolving lines of credit | - | 122,200 | 297,100 | 422,600 |
| Payments under revolving lines of credit | - | 165,200 | 453,800 | 223,000 |
| Borrowings under term loan | - | 0 | 0 | 2,250,000 |
| Payments under term loan | - | 0 | 0 | 1,400,000 |
| Borrowings under senior notes | - | 0 | 0 | 2,250,000 |
| Payment of debt issuance costs | - | 100 | 0 | 114,400 |
| Payment of other debt | - | 0 | 0 | 0 |
| Payments under equipment financing facilities and finance leases | 12,200 | 11,800 | 11,300 | 7,200 |
| Proceeds from issuance of common stock related to equity awards | 900 | 400 | 4,200 | 14,300 |
| Proceeds from issuance of common stock, net of issuance costs | 749,500 | -500 | 38,100 | 4,218,400 |
| Proceeds from issuance of mandatory convertible preferred stock, net of issuance costs | - | 0 | 0 | 558,100 |
| Proceeds from issuance of convertible preferred stock and warrants, net of issuance costs | - | 0 | 0 | 0 |
| Proceeds from the issuance of common stock and pre-funded warrants, net of issuance costs | - | 0 | 0 | - |
| Payment of taxes related to net share settlement of equity awards | 28,100 | 20,400 | 0 | 100 |
| Payment of common-stock dividend | - | 0 | 0 | 0 |
| Payment of costs to obtain series c preferred stock commitment | 45,800 | - | - | - |
| Payment of dividends on convertible preferred stock | 22,500 | 22,500 | 22,500 | 22,500 |
| Payment of dividends on mandatory convertible preferred stock | 7,900 | 7,900 | 6,900 | - |
| Net cash provided by (used in) financing activities | 633,900 | -105,800 | -155,100 | 7,946,231 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -300 | -200 | 0 | -300 |
| Net increase in cash, cash equivalents and restricted cash | 684,700 | 54,700 | 4,097,728 | -1,837,727 |
| Cash, cash equivalents and restricted cash, beginning of period | 2,365,400 | 2,310,700 | 2,282,300 | 5,085,172 |
| Cash, cash equivalents and restricted cash, end of period | 3,050,100 | 2,365,400 | 2,310,700 | 2,282,300 |
QXO, Inc. (QXO)
QXO, Inc. (QXO)