NYSE$QXO

QXO Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

QXO Q1 2024 — $14.4M revenue

Company as of March 31, 2024, the results of operations for the three months ended March 31, 2024 and 2023 and cash flows for the three month. QXO Inc reported Q1 2024 results. Net income of $370K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $14.4M.
  • Net income: $370K.
  • Operating income: $228K.
  • Gross profit: $5.7M.

Headline financials

Total Revenue

$14.4M

Previous: $13.1M+10.0%
EPS (adj)

$0.03

Previous: $0.05-40.0%
Capital Expenditures

-$60.5K

Previous: -$4.98K-1115.6%
Free Cash Flow

$77.6K

Previous: $273K-71.5%
Net Income

$138K

Previous: $277K-50.2%
Operating Income

$228K

Previous: $370K-38.4%
Gross Profit

$5.66M

Previous: $5.36M+5.6%
Cash & Equivalents

$6.28M

Previous: $6.88M-8.7%
Total Assets

$20.9M

Previous: $21.1M-1.2%

Revenue & EPS history

QXO · Revenue · Quarterly

$14.4M

Q1 2024+10%vs Q1 2023
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Revenue by segment

QXO · $2.85M total across 1 segment · Q3 2023

  • Software products and services
    $2.85M+14.8%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.6%

Avg return

Earnings day

-2.0%

Avg return

5 days after

+5.4%

Avg return

30 days after

36%

20 / 56 earnings

Positive

+45.4%

Q2 2014

Best reaction

-50.0%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.8%-11.4%-10.1%
Q4 2025-2.1%-8.8%-24.6%
Q3 2025+6.5%+16.4%+29.0%
Q1 2025+4.2%+0.2%+19.7%
Q4 2024+7.1%+8.3%+11.7%
Q3 2024-6.0%-4.4%-0.5%
Q2 2024+3.6%+12.0%+34.2%
Q1 2024-0.5%-3.3%+85.3%
Q4 2023-4.2%-7.9%-12.0%
Q3 2023-0.5%-2.0%+137.0%
Q2 2023+8.0%+14.0%-2.0%
Q1 2023+2.6%+4.9%+2.6%
Q4 2022-1.7%-1.7%-12.0%
Q3 2022+2.0%+0.6%-9.8%
Q2 2022-13.0%-21.9%-30.9%
Q1 2022+9.5%+16.2%+9.2%
Q4 2021-1.8%-4.2%-21.7%
Q3 2021-9.5%-10.9%-28.5%
Q2 2021-5.5%-6.5%-17.9%
Q1 2021-13.7%-13.6%+2.6%
Q4 2020+7.7%+13.5%+4.0%
Q3 2020-0.7%+1.8%+18.2%
Q2 2020-5.6%-25.5%-42.8%
Q1 2020-3.3%-3.8%-1.9%
Q4 2019-7.6%-9.5%-0.5%
Q3 2019-3.5%-0.9%+1.2%
Q2 2019-3.2%-14.8%+25.9%
Q1 2019-7.8%-10.3%-10.3%
Q4 2018+0.3%-8.0%-13.0%
Q3 2018-9.3%-12.3%-27.8%
Q2 2018-6.2%-6.2%+1.8%
Q1 2018+0.0%-1.3%+3.5%
Q4 2017-2.9%-5.1%+1.3%
Q3 2017-0.5%-3.0%-4.4%
Q2 2017-8.6%-10.3%-7.4%
Q1 2017-0.2%+0.0%+1.5%
Q4 2016+0.0%+0.0%-2.5%
Q3 2016+18.9%+29.7%+73.0%
Q2 2016+18.4%+11.8%+30.9%
Q1 2016+5.4%
Q4 2015+0.6%
Q3 2015+1.4%
Q2 2015-50.0%
Q4 2014+0.0%
Q1 2015+0.0%
Q3 2014+35.7%
Q2 2014+45.4%
Q1 2014-35.0%
Q4 2013-0.9%
Q3 2013+2.5%
Q2 2013+35.1%
Q1 2013-26.7%
Q4 2012+0.0%
Q3 2012+2.1%
Q2 2012+0.0%
Q1 2011-13.6%
Q1 2012
Q4 2011
Q3 2010
Q3 2011
Q2 2010
Q2 2011
Q4 2010
Q1 2010

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