qxo: the income statement

MyFinsight

For the quarter ending 2025-09-30, QXO made $2,728,300K in revenue. -$139,400K in net income. Net profit margin of -5.11%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Net sales	2,728,300	1,906,400	13,508	13,155
Product	-	-	2,215	1,822
Service	-	-	5,907	5,891
Cost of products sold	2,092,500	1,504,700	-	-
Total cost of revenue	-	-	8,122	7,713
Gross profit	635,800	401,700	-	-
Selling, general and administrative	452,500	456,800	44,421	39,023
Depreciation	39,700	27,200	251	245
Amortization	117,800	79,800	-	-
Total operating expense	610,000	563,800	44,672	39,268
Income (loss) from operations	25,800	-162,100	-39,286	-33,826
Interest (expense) income, net	-37,700	-30,200	56,553	56,989
Loss on debt extinguishment	0	-45,700	-	-
Total other income (expense)	-	-	56,553	56,989
Other income, net	1,400	1,700	-	-
Income (loss) before taxes	-	-	-	23,163
(loss) income before provision for income taxes	-10,500	-236,300	17,267	-
Provision for (benefit from) income taxes	128,900	-177,800	8,512	6,031
Net (loss) income	-139,400	-58,500	8,755	17,132

Basic (in shares)	715,300,000	564,700,000	451,430,000	358,813,000
Diluted (in shares)	715,300,000	564,700,000	451,430,000	358,813,000
Loss per common share - basic (in usd per share)	-0.24	-0.15	-0.03	-0.01
Loss per common share - diluted (in usd per share)	-0.24	-0.15	-0.03	-0.01