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QXO, Inc. QXO Total Cost of Revenue

Discontinued — last reported Q1 '26

Total Cost of Revenue at other companies

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$518.9M+3.7%

Segments

By segment

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Reportable Segment$1.32B+16,207%

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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended March 31, 20262025
Net sales$1,730.2$13.5
Cost of products sold1,320.98.1
Gross profit409.35.4
Operating expense:
Selling, general and administrative497.044.4
Depreciation47.30.1
Amortization116.90.2
Total operating expense661.244.7

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is QXO, Inc.'s total cost of revenue?
QXO, Inc. (QXO) reported total cost of revenue of $1.32B in Q1 2026.
How has QXO, Inc.'s total cost of revenue changed year-over-year?
QXO, Inc.'s total cost of revenue increased by 16207.4% year-over-year, from $8.1M to $1.32B.
What is the long-term trend for QXO, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), QXO, Inc.'s total cost of revenue has grown at a 283.0% compound annual growth rate (CAGR), from $24.49M to $5.27B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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