The financials
QXO, Inc. by the numbers
QXO, Inc. (QXO) reported revenue of $3.25B in Q2 2026 (quarter ended June 30, 2026), up 70% from the same quarter a year earlier. That came with a gross margin of 25% and net loss of $55M. For the full year FY2025, revenue was $6.84B (+11925% year on year) and net income −$279M. Its largest product in 2026-Q1 was Residential Roofing Products at $799M, 46% of the disclosed total, just ahead of Nonresidential Roofing Products at 27%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.25B | $1.91B | +70% |
| Gross profit | $803M | $401M | +100% |
| Operating income | −$42M | −$163M | n/a |
| Net income | −$55M | −$59M | n/a |
| Diluted EPS | −$0.14 | −$0.15 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Residential Roofing Products | $799M | 46% |
| Nonresidential Roofing Products | $464M | 27% |
| Complementary Building Products | $453M | 26% |
| Software Products And Services | $15M | 0.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.73B (-37%)
Software Products And Services grew +8.1% year on year
Segment Latestquarter on quarteryear on year
- Residential Roofing Products$799.1M$799.1MQoQ -41%year on year --41%-
- Nonresidential Roofing Products$463.6M$463.6MQoQ -37%year on year --37%-
- Complementary Building Products$452.9M$452.9MQoQ -28%year on year --28%-
- Software Products And Services$14.6M$14.6MQoQ +3.5%year on year +8.1%+3.5%+8.1%
- Maintenance--QoQ -year on year ---
- Professional Consulting--QoQ -year on year ---
- Service--QoQ -year on year ---
- Service Other--QoQ -year on year ---
- Software--QoQ -year on year ---
Industrial Distribution
Ranks #14 of 17 by Smart Score