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QXO, Inc. QXO Allowance for Doubtful Accounts Receivable (Current)

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Other financials

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

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Market cap$16.6B+28.5%
Enterprise value$17.5B+19.9%
P/S1.9×-4.7×

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×

Where this comes from

Reported directly by QXO, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.

The source filing: QXO, Inc.’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-034130
(in millions)March 31,2026December 31,2025
Balance at beginning of period$13.0$0.5
Current period provision for expected credit losses11.513.8
Write-offs, net of recoveries(3.1)(1.3)
Balance at end of period$21.4$13.0

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is QXO, Inc.'s allowance for doubtful accounts receivable (current)?
QXO, Inc. (QXO) reported allowance for doubtful accounts receivable (current) of $21.4M in Q1 2026.
How has QXO, Inc.'s allowance for doubtful accounts receivable (current) changed year-over-year?
QXO, Inc.'s allowance for doubtful accounts receivable (current) increased by 3707.8% year-over-year, from $562K to $21.4M.
What is the long-term trend for QXO, Inc.'s allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), QXO, Inc.'s allowance for doubtful accounts receivable (current) has grown at a 103.2% compound annual growth rate (CAGR), from $375K to $13M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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