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QXO, Inc. QXO Gross Profit

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$1.7B+12,716%
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$12.88B+149%
Enterprise value$13.78B+3,076%
P/S1.5×-91.5×

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

Calculated from QXO, Inc.’s reported figures.

The official record: QXO, Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is QXO, Inc.'s gross profit?
QXO, Inc. (QXO) reported gross profit of $409.3M in Q1 2026.
How has QXO, Inc.'s gross profit changed year-over-year?
QXO, Inc.'s gross profit increased by 7479.6% year-over-year, from $5.4M to $409.3M.
What is the long-term trend for QXO, Inc.'s gross profit?
Over 4 years (2021 to 2025), QXO, Inc.'s gross profit has grown at a 209.2% compound annual growth rate (CAGR), from $17.21M to $1.57B.
What does gross profit mean?
The profit remaining after paying for the direct costs of producing goods or services.
How do you interpret gross profit?
Higher gross profit indicates better pricing power or lower production costs, while lower profit suggests competitive pricing pressure or rising input costs.
How does gross profit compare across companies?
Highly dependent on industry; software companies typically maintain higher gross margins than hardware or retail firms.