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QXO, Inc.

QXO

QXO is a leading distributor of building products in North America, specializing in roofing, waterproofing, and complementary exterior materials.

Market cap
$15.13B+5.3%
Revenue$8.6B+15,211%
Net income-$515.2M-1,504%
Free cash flow$194.9M+61.5%
EPS (diluted)-$0.91+90.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
Revenue estimate$3.2B
EPS estimate$0.10

Financials

Q1 2026

Income statement

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Revenue$1.7B+12,716%
Gross profit$409.3M+7,480%
Operating income-$251.9M-541%
Net income-$227.1M-2,681%
EPS (diluted)-$0.35-1,067%

Balance sheet

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Cash & equivalents$3.1B-40.0%
Total debt$4.0B+98,757%
Total equity$10.2B+101%
Total assets$16.7B+226%

Cash flow

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Operating cash flow$70.6M+93.4%
CapEx$22.5M+15,311%
Free cash flow$48.1M+32.3%

Valuation & ratios

Valuation

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Market cap$15.13B+5.3%
Enterprise value$16.03B-1.1%
P/S1.8×-5.7×

Profitability

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Gross margin23.1%-17.7pp
Operating margin-5.3%-2.6pp
Net margin-6%-71.7pp
FCF margin2.3%-214pp

Returns & leverage

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Return on equity-6.8%-8.2pp
Debt / equity0.4×+0.4×
Current ratio3.3×-91.9×

Segments

By product

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Residential roofing products$799.1M
Non-residential roofing products$463.6M
Complementary building products$452.9M
Software products and services$14.6M

By segment

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Reportable Segment$1.7B+12,716%

Competitors

Profile

QXO is a leading distributor of building products in North America, specializing in roofing, waterproofing, and complementary exterior materials. The company operates as a tech-forward consolidator in the fragmented building products sector, leveraging scale and digital solutions to serve residential and non-residential contractors. Its value proposition centers on providing a comprehensive product portfolio, last-mile logistics, and value-added technical support to a diverse customer base.

Competitive position

QXO is the largest publicly-traded distributor of roofing and waterproofing products in North America, utilizing a buy-and-build strategy to consolidate a highly fragmented market.

GeographiesUnited States, Canada
Customer segmentsConstruction Contractors, Commercial Property Owners, Residential Builders
Business modelDistribution, Value-added Reseller, B2B E-commerce
SuppliersRoofing material manufacturers, Insulation and siding producers, Logistics and fleet equipment providers, Software and AI technology vendors
CustomersResidential roofing contractors, Commercial building maintenance firms, National home builders, Local lumberyards
Listed2004
Employees195.0
CEOBradley S. Jacobs
Websiteqxo.com
FilingsSEC EDGAR

Questions, answered.

What is QXO, Inc.'s market cap?
QXO, Inc. (QXO) has a market capitalization of $15.1B and trades on NASDAQ.
What is QXO, Inc.'s revenue and profitability?
QXO, Inc. generated $8.6B in trailing twelve-month revenue with a net loss of $515.2M, representing a net margin of -6.0%. Gross margin stands at 23.1%, with free cash flow of $194.9M. These figures are based on the Q1 2026 filing.
Who are QXO, Inc.'s competitors?
QXO, Inc.'s key competitors include The Home Depot, Inc., Lowe's Companies, Inc., Owens Corning, and others. These companies compete in similar markets and product categories.
Who does QXO, Inc. partner with?
QXO, Inc.'s notable partners include Apollo Global Management, Inc., Owens Corning, Carlisle Companies Incorporated, and others.
What subsidiaries does QXO, Inc. have?
QXO, Inc.'s subsidiaries include QXO Building Products, Inc., Kodiak Building Partners.
Where is QXO, Inc. headquartered?
QXO, Inc. is headquartered in United States of America and employs approximately 195 people. It has been publicly traded since 2004.