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QXO, Inc. QXO Business Segments — Net Sales

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
(in millions)Three Months Ended March 31, 20262025
Non-residential roofing products463.6
Complementary building products452.9
Software products and services14.613.5
Total net sales$1,730.2$13.5
Less:
Cost of products sold$1,320.9$8.1
Selling, general administrative expenses(1)457.824.2
Stock-based compensation39.220.2

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is QXO, Inc.'s business segments — net sales?
QXO, Inc. (QXO) reported business segments — net sales of $1.73B in Q1 2026.
How has QXO, Inc.'s business segments — net sales changed year-over-year?
QXO, Inc.'s business segments — net sales increased by 12716.3% year-over-year, from $13.5M to $1.73B.
What is the long-term trend for QXO, Inc.'s business segments — net sales?
Over 2 years (2023 to 2025), QXO, Inc.'s business segments — net sales has grown at a 1020.3% compound annual growth rate (CAGR), from $54.52M to $6.84B.
What does business segments — net sales mean?
This represents the total revenue generated by the specific business segment from the sale of goods and services after deducting returns, allowances, and discounts. It serves as the primary indicator of the segment's market demand and top-line growth performance. Tracking this metric helps investors understand the scale and revenue-generating capacity of the business unit.

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