QXO, Inc. QXO Contract Liabilities
Contract Liabilities at other companies
Other financials
Where this comes from
Reported directly by QXO, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
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
The Company does not provide extended payment terms, and payment is due shortly after control transfers. The Company generally does not require prepayments; however, to the extent customers make payments in advance of delivery, the Company records a liability. Total customer advances as of March 31, 2026 were $24.9 million and are expected to be recognized as revenue within the next 12 months due to the short-term nature of the contracts. Total customer advances as of December 31, 2025 were $20.1 million.
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is QXO, Inc.'s contract liabilities?
- QXO, Inc. (QXO) reported contract liabilities of $24.9M in Q1 2026.
- What does contract liabilities mean?
- Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.
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