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QXO, Inc. QXO Gross margin

Gross margin at other companies

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33.3%-0.1pp
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33.1%-0.2pp
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26%-4.0pp
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RPM InternationalRPM
41.4%+0.1pp
Arcosa logo
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23%+2.1pp
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Installed Building ProductsIBP
33.6%+0.1pp

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$17.16B+33.7%
Enterprise value$18.06B+24.4%
P/S-4.6×

Profitability

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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

Calculated from QXO, Inc.’s reported figures.

Based on trailing twelve months.

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

Filed
May 12, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-034130

FAQ

What is QXO, Inc.'s gross margin?
QXO, Inc. (QXO) reported gross margin of 23.1% in Q1 2026.
How has QXO, Inc.'s gross margin changed year-over-year?
QXO, Inc.'s gross margin decreased by 43.4% year-over-year, from 40.8% to 23.1%.
What is the long-term trend for QXO, Inc.'s gross margin?
Over 5 years (2020 to 2025), QXO, Inc.'s gross margin has grown at a -10.6% compound annual growth rate (CAGR), from 40.2% to 23%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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