NYSE$QXO

QXO Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

QXO Inc reported its Q2 2025 results following the Beacon Roofing Supply acquisition.

QXO completed the Beacon acquisition on April 29, 2025, transforming into the largest publicly traded distributor of roofing and complementary building products. For the three months ended June 30, 2025, the company generated $1.91 billion in revenue but recorded a net loss of $58.5 million due to integration costs, amortization, and one-time charges. Cash and cash equivalents stood at $2.28 billion at quarter end.

  • Q2 revenue reached $1.91 billion, driven primarily by the Beacon acquisition with residential roofing at $930 million.
  • Net loss of $58.5 million included $80 million inventory fair value adjustments and $66 million stock-based compensation.
  • Operating loss of $162 million reflected $80 million amortization and $66 million transaction and restructuring costs.
  • Balance sheet strengthened with $2.28 billion cash and $17.1 billion total assets post-acquisition financing.

Headline financials

Total Revenue

$1.91B

Previous: $14.5M+13011.4%
EPS (adj)

-$0.15

Previous: -$9.93+98.5%
Stock-based compensation

$65M

No prior period
Depreciation

$27.2M

No prior period
Amortization

$79.8M

No prior period
Net Income

-$58.5M

Previous: -$591K-9798.5%
Operating Income

-$162M

Previous: -$4.3M-3668.9%
Gross Profit

$402M

Previous: $5.8M+6831.8%
Cash & Equivalents

$2.28B

Previous: $971M+134.6%
Total Assets

$17.1B

Previous: $988M+1631.9%

Revenue & EPS history

QXO · Revenue · Quarterly

$1.91B

Q2 2025+13,011.4%vs Q2 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

QXO · $1.91B total across 4 segments · Q2 2025

  • Residential Roofing Products
    $930M
  • Non-residential Roofing Products
    $536M
  • Complementary Building Products
    $426M
  • Software Products and Services
    $15M

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-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
Q2 2025
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%
Q1 2015+0.0%
Q4 2014+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 2011
Q2 2010
Q4 2010
Q1 2010

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