The financials
QXO, Inc. by the numbers
QXO, Inc. (QXO) reported revenue of $3.25B in Q2 2026 (quarter ended Jun 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 Q2 2026 was Residential Roofing Products at $1.27B, 39% of the disclosed total, just ahead of Complementary Building Products at 38%.
| 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 | $1.27B | 39% |
| Complementary Building Products | $1.23B | 38% |
| Nonresidential Roofing Products | $736M | 23% |
| Software Products And Services | $15M | 0.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $3.25B (+88%)
Complementary Building Products grew +188% year on yearSoftware Products And Services +7.1% year on year
Segment Latestquarter on quarteryear on year
- Residential Roofing Products$1.27B$1.27BQoQ +58%year on year +36%+58%+36%
- Complementary Building Products$1.23B$1.23BQoQ +171%year on year +188%+171%+188%
- Nonresidential Roofing Products$736.0M$736.0MQoQ +59%year on year +37%+59%+37%
- Software Products And Services$15.0M$15.0MQoQ +2.7%year on year +7.1%+2.7%+7.1%
Industrial Distribution
Ranks #11 of 14 by Smart Score