QXO Past Earnings Performance
Past criteria checks 0/6
QXO's earnings have been declining at an average annual rate of -96.3%, while the Trade Distributors industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 94% per year.
Key information
-96.33%
Earnings growth rate
-31.76%
EPS growth rate
| Trade Distributors Industry Growth | 23.44% |
| Revenue growth rate | 94.05% |
| Return on equity | -5.07% |
| Net Margin | -7.39% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
QXO, Inc. (NYSE:QXO) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
Last week, you might have seen that QXO, Inc. ( NYSE:QXO ) released its quarterly result to the market. The early...QXO: A Fiery Horse With The Speed Of Light
Summary QXO is executing an aggressive roll-up strategy in the fragmented $800B building products distribution industry. Recent acquisitions—Beacon Roofing, Kodiak Building Partners, and the pending $17B TopBuild deal—position QXO as the new category leader. QXO leverages advanced AI-driven logistics and technology to transform low-margin businesses into high-margin operations. Key risks include share dilution, increased debt, and integration challenges, but the market may have already priced in dilution after a post-announcement share decline. Read the full article on Seeking Alpha
QXO aims for $24B revenue by 2031 with AI-driven margin expansion (Priced for good execution)
Target Entry Point: Under $17 QXO represents a disciplined M&A consolidation play in the $800B building products distribution market, led by Brad Jacobs — the most proven serial acquirer in modern industrial history (300x cumulative returns across four prior platforms, ~500 acquisitions). The company has built a $1B+ EBITDA run-rate in under 10 months by acquiring Beacon Roofing Supply ($11B) and Kodiak Building Partners ($2.25B), creating the largest publicly traded building products distributor in North America.QXO, Inc. (NYSE:QXO) Looks Just Right With A 34% Price Jump
QXO, Inc. ( NYSE:QXO ) shares have had a really impressive month, gaining 34% after a shaky period beforehand. The last...QXO: An Intriguing Pivot That May Not Be Plain Sailing
Summary QXO, formerly SilverSun Technologies, has underperformed in 2025, dropping 16% YTD, even as it looks to build a name in the building products distribution industry. While the jury is out on the value that M&A adds to a business, we see some merit in QXO's strategy of building scale. QXO is poised to deliver exceptional revenue growth through the next few years, and for the level of revenue growth on offer, the P/S multiple looks very cheap. We also touch upon some of the dicey sub-plots associated with QXO. QXO won't appeal to momentum players, but there are signs of bearish momentum abating on the larger time frame. Read the full article on Seeking AlphaQXO: An Under-The-Radar Company Set To Disrupt A $800 Billion Industry
Summary QXO Inc. aims to disrupt the $800 billion building products distribution industry through acquisitions and technology, enhancing efficiency and customer experience. Led by Brad Jacobs, QXO has raised over $4 billion, positioning itself for strategic acquisitions and technological advancements in the industry. QXO's strategy focuses on e-commerce, logistics, and data analytics to streamline operations and drive growth in the fragmented building products market. Despite significant shareholder dilution and operational losses, QXO's substantial cash reserves and strategic acquisitions present a potential "special situation" investment opportunity. Read the full article on Seeking AlphaSilverSun Technologies GAAP EPS of -$0.02, revenue of $10.64M
SilverSun Technologies press release (NASDAQ:SSNT): Q2 GAAP EPS of -$0.02. Revenue of $10.64M (+4.0% Y/Y). Shares -0.3% PM.Revenue & Expenses Breakdown
How QXO makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 8,559 | -632 | 1,649 | 0 |
| 31 Dec 25 | 6,842 | -388 | 1,207 | 0 |
| 30 Sep 25 | 4,663 | -279 | 764 | 0 |
| 30 Jun 25 | 1,948 | -114 | 390 | 0 |
| 31 Mar 25 | 56 | -37 | 79 | 0 |
| 31 Dec 24 | 57 | -23 | 77 | 0 |
| 30 Sep 24 | 57 | -11 | 59 | 0 |
| 30 Jun 24 | 57 | -8 | 25 | 0 |
| 31 Mar 24 | 56 | -1 | 23 | 0 |
| 31 Dec 23 | 55 | -1 | 22 | 0 |
| 30 Sep 23 | 52 | -2 | 22 | 0 |
| 30 Jun 23 | 50 | 0 | 18 | 0 |
| 31 Mar 23 | 47 | 0 | 18 | 0 |
| 31 Dec 22 | 45 | 0 | 17 | 0 |
| 30 Sep 22 | 43 | -1 | 17 | 0 |
| 30 Jun 22 | 42 | -1 | 17 | 0 |
| 31 Mar 22 | 42 | -1 | 17 | 0 |
| 31 Dec 21 | 42 | 0 | 17 | 0 |
| 30 Sep 21 | 43 | 1 | 16 | 0 |
| 30 Jun 21 | 43 | 1 | 16 | 0 |
| 31 Mar 21 | 42 | 1 | 16 | 0 |
| 31 Dec 20 | 41 | 0 | 16 | 0 |
| 30 Sep 20 | 40 | 0 | 15 | 0 |
| 30 Jun 20 | 40 | -1 | 16 | 0 |
| 31 Mar 20 | 39 | -2 | 16 | 0 |
| 31 Dec 19 | 39 | -1 | 16 | 0 |
| 30 Sep 19 | 38 | -2 | 16 | 0 |
| 30 Jun 19 | 38 | -1 | 15 | 0 |
| 31 Mar 19 | 36 | -1 | 14 | 0 |
| 31 Dec 18 | 36 | -1 | 14 | 0 |
| 30 Sep 18 | 35 | -2 | 14 | 0 |
| 30 Jun 18 | 35 | -1 | 13 | 0 |
| 31 Mar 18 | 36 | -1 | 13 | 0 |
| 31 Dec 17 | 35 | 0 | 12 | 0 |
| 30 Sep 17 | 34 | 1 | 12 | 0 |
| 30 Jun 17 | 34 | 3 | 11 | 0 |
| 31 Mar 17 | 34 | 4 | 11 | 0 |
| 31 Dec 16 | 34 | 3 | 11 | 0 |
| 30 Sep 16 | 34 | 3 | 11 | 0 |
| 30 Jun 16 | 32 | 0 | 11 | 0 |
| 31 Mar 16 | 29 | 0 | 10 | 0 |
| 31 Dec 15 | 28 | 0 | 10 | 0 |
| 30 Sep 15 | 25 | 0 | 9 | 0 |
| 30 Jun 15 | 24 | 1 | 8 | 0 |
Quality Earnings: QXO is currently unprofitable.
Growing Profit Margin: QXO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QXO is unprofitable, and losses have increased over the past 5 years at a rate of 96.3% per year.
Accelerating Growth: Unable to compare QXO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QXO is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (3.9%).
Return on Equity
High ROE: QXO has a negative Return on Equity (-5.07%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 21:26 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
QXO, Inc. is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Manthey | Baird |
| Reuben Garner | Benchmark Company |
| Seth Weber | BNP Paribas |