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QXO, Inc. QXO Inventories

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

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:InventoryNet.

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
Line itemMarch 31,2026December 31,2025
Current assets:
Cash and cash equivalents$3,046.3$2,361.6
Accounts receivable, net1,135.71,145.1
Inventories, net1,668.21,497.3
Vendor rebates receivable478.8427.0
Income tax receivable32.831.6
Prepaid expenses and other current assets94.883.7
Total current assets6,456.65,546.3

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is QXO, Inc.'s inventories?
QXO, Inc. (QXO) reported inventories of $1.67B in Q1 2026.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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