QXO, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that QXO, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $54.52M | Mar 14, 2024 |
| FY2023 | Dec 31, 2022 | $44.99M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $41.70M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $41.22M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $38.50M | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $36.10M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $34.85M | Mar 28, 2019 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.84B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $56.90M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $54.52M | Mar 4, 2025 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $34.85M | Mar 26, 2018 |
| FY2017 | Dec 31, 2016 | $34.12M | Mar 26, 2018 |
| FY2016 | Dec 31, 2015 | $27.64M | Mar 24, 2017 |
| FY2015 | Dec 31, 2014 | $21.46M | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | $17.40M | Mar 31, 2015 |
| FY2013 | Dec 31, 2012 | $13.18M | Mar 31, 2014 |
| FY2012 | Dec 31, 2011 | $10.52M | Mar 29, 2013 |
| FY2011 | Dec 31, 2010 | $7.49M | Mar 29, 2012 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.57B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $23.10M | Feb 27, 2026 |
| FY2023 | Dec 31, 2023 | $21.61M | Mar 14, 2024 |
| FY2023 | Dec 31, 2022 | $17.96M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $17.21M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $16.58M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $14.68M | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $13.85M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $13.87M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $12.73M | Mar 26, 2018 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($279.40M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $28.00M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($1.07M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($282.2K) | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | ($134.4K) | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $175.6K | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $6.79M | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $262.4K | Mar 26, 2020 |
| FY2012 | Dec 31, 2012 | ($1.24M) | Mar 29, 2013 |
| FY2012 | Dec 31, 2011 | $2.62M | Mar 29, 2013 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($245.20M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($71.00M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($1.31M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($385.4K) | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | ($231.0K) | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $223.4K | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | ($1.91M) | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | ($1.16M) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $939.3K | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $1.27M | Mar 26, 2018 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.39B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $93.00M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $22.10M | Mar 4, 2025 |
| FY2012 | Dec 31, 2012 | $6.51M | Mar 29, 2013 |
| FY2012 | Dec 31, 2011 | $4.24M | Mar 29, 2013 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $261.40M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $84.80M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $584.0K | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $2.04M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $226.0K | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $1.73M | Mar 29, 2022 |
| FY2018 | Dec 31, 2018 | $1.29M | Mar 28, 2019 |
| FY2018 | Dec 31, 2017 | $2.31M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $1.79M | Mar 26, 2018 |
| FY2016 | Dec 31, 2015 | $126.7K | Mar 24, 2017 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $102.0K | Mar 4, 2025 |
| FY2024 | Dec 31, 2023 | $121.0K | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $38.7K | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $114.8K | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $124.8K | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $70.7K | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $146.0K | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $241.2K | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $184.8K | Mar 26, 2018 |
| FY2016 | Dec 31, 2015 | $67.5K | Mar 24, 2017 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $15.89B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $5.10B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $20.50M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $21.44M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $18.00M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $15.90M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $18.95M | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $11.74M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $10.41M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $10.66M | Mar 26, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.18B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $45.40M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $13.02M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $11.89M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $8.64M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $8.62M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $10.06M | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $7.41M | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $6.19M | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $5.69M | Mar 26, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.71B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $5.05B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $7.50M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $9.55M | Mar 4, 2025 |
| FY2023 | Dec 31, 2021 | $9.36M | Mar 14, 2024 |
| FY2023 | Dec 31, 2020 | $7.28M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $8.89M | Mar 29, 2022 |
| FY2020 | Dec 31, 2018 | $4.33M | Mar 25, 2021 |
| FY2012 | Dec 31, 2012 | ($814.5K) | Mar 29, 2013 |
| FY2012 | Dec 31, 2011 | ($946.9K) | Mar 29, 2013 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.11B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.20M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.14M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $1.14M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $1.01M | Mar 14, 2024 |
| FY2023 | Dec 31, 2020 | $1.01M | Feb 28, 2023 |
| FY2020 | Dec 31, 2019 | $891.0K | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | $885.0K | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | $401.0K | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | $401.0K | Mar 26, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($394.50M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($6.20M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($1.95M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($876.6K) | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | ($594.4K) | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | ($459.9K) | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | ($635.6K) | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | ($7.43M) | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | ($7.69M) | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | ($7.21M) | Mar 26, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.36B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $5.07B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $6.14M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $8.01M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $6.81M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $6.60M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $8.66M | Mar 25, 2021 |
| FY2020 | Dec 31, 2018 | $1.90M | Mar 25, 2021 |
| FY2019 | Dec 31, 2017 | $2.24M | Mar 26, 2020 |
| FY2018 | Dec 31, 2016 | $1.62M | Mar 28, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.06B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.70M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $1.45M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $968.9K | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $1.48M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $1.19M | Mar 25, 2021 |
| FY2018 | Dec 31, 2018 | $1.49M | Mar 28, 2019 |
| FY2017 | Dec 31, 2017 | $486.5K | Mar 26, 2018 |
| FY2016 | Dec 31, 2016 | $793.2K | Mar 24, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | (1) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | 0 | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | 1 | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | 0 | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | 0 | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | 0 | Mar 26, 2018 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | (1) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | 0 | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | 1 | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | 0 | Mar 26, 2020 |
| FY2018 | Dec 31, 2017 | 0 | Mar 28, 2019 |
| FY2017 | Dec 31, 2016 | 0 | Mar 26, 2018 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 674.50M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 409.40M | Feb 27, 2026 |
| FY2025 | Jun 6, 2024 | 700,000 | Feb 27, 2026 |
| FY2025 | Jun 5, 2024 | 5.30M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 664,448 | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | 5.26M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | 5.14M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 4.50M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | 4.50M | Mar 25, 2021 |
| FY2019 | Dec 31, 2018 | 4.50M | Mar 26, 2020 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $17.40M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.05M | Mar 4, 2025 |