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QXO, Inc. QXO Q4 2025 Annual earnings

Reported February 25, 2026 · After market close

Revenue estimate$2.2B
EPS estimate$0.02

Next report

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

Financials

Q4 2025

Income statement

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Revenue$2.2B+14,725%
Gross profit$529.9M+8,587%
Operating income-$69.5M-109%
Net income-$90.2M-898%
EPS (diluted)-$0.17-1,600%

Balance sheet

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Cash & equivalents$2.4B-53.4%
Total debt$4.0B+113,898%
Total equity$9.7B+92.1%
Total assets$15.9B+212%

Cash flow

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Operating cash flow$186.6M+246%
CapEx$28.4M+74,637%
Free cash flow$158.2M+194%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$13.01B+99.8%
Enterprise value$14.61B+913%
P/S1.9×-113×

Profitability

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Gross margin23%-17.6pp
Operating margin-3.6%-1.8pp
Net margin-4.1%-53.4pp
FCF margin2.7%-146pp

Returns & leverage

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Return on equity-3.8%-4.9pp
Debt / equity0.4×+0.4×
Current ratio3.6×-109×

Segments

By product

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Residential roofing products$1.0B
Non-residential roofing products$614.4M
Complementary building products$538.1M
Software products and services$16.0M

By segment

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Reportable Segment$2.2B+14,725%

Versus estimates

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Questions, answered.

When did QXO, Inc. report Q4 2025 earnings?
QXO, Inc. (QXO) reported Q4 2025 earnings on February 25, 2026 after market close.
What were QXO, Inc.'s Q4 2025 revenue and EPS?
QXO, Inc. reported revenue of $2.2B and diluted EPS of $0.02 for Q4 2025.
Did QXO, Inc. beat estimates in Q4 2025?
Revenue beat the consensus estimate of $2.2B by $6.3M. EPS beat the consensus estimate of $0.02 by $0.00.
How did QXO, Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 14782.3% from $14.7M a year earlier.
Where can I find QXO, Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001628280-26-011675) and the 10-K periodic report (0001628280-26-012601) directly on SEC EDGAR. The filing index links above go to sec.gov.