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QXO, Inc. QXO Interest Expense

Discontinued — last reported Q1 '26

Interest Expense at other companies

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$40M-51.8%

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$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

Reported directly by QXO, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

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 interest expense?
QXO, Inc. (QXO) reported interest expense of -$31.1M in Q1 2026.
How has QXO, Inc.'s interest expense changed year-over-year?
QXO, Inc.'s interest expense decreased by 154.9% year-over-year, from $56.6M to -$31.1M.
What is the long-term trend for QXO, Inc.'s interest expense?
Over 4 years (2021 to 2025), QXO, Inc.'s interest expense has grown at a 466.3% compound annual growth rate (CAGR), from $46.39K to -$47.7M.
What does interest expense mean?
The cost of borrowing money, paid as interest on debt.
How do you interpret interest expense?
Higher interest expense indicates higher leverage and financial risk, while lower expense suggests a stronger balance sheet or lower interest rates.
How does interest expense compare across companies?
Depends on the company's capital structure and credit rating compared to industry peers.