NYSE$QXO

QXO Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

QXO reported Q3 2025 net sales of $2.73B with a net loss of $139.4M following the Beacon acquisition.

Net sales surged to $2.73 billion after consolidating building-products distribution; gross profit was $635.8 million. Net loss was $139.4 million, including integration, amortization, and tax provision. Pro forma scale positions the company in North American distribution.

  • Q3 net sales $2.73B post-Beacon.
  • Gross profit $635.8M.
  • Integration and amortization weigh on GAAP.
  • Synergy and deleveraging are priorities.

Headline financials

Total Revenue

$2.73B

Previous: $13.2M+20639.6%
EPS (adj)

$0.14

Previous: -$0.01+1500.0%
Provision For Income Taxes

$129M

Previous: $6.1M+2013.1%
Total weighted-average common shares outstanding (basic and diluted)

715.3M

Previous: 358.8M+99.4%
Total current assets

$6.22B

No prior period
Total current liabilities

$2.03B

No prior period
Total liabilities

$6.82B

No prior period
Total stockholders' equity

$9.82B

No prior period
Interest (expense) income, net

-$37.7M

Previous: $57M-166.1%
Stock-based compensation

$31.1M

Previous: $14M+122.1%
Depreciation

$39.7M

No prior period
Amortization

$118M

Previous: $200K+58800.0%
Restructuring costs

$7.2M

No prior period
Transaction costs

$4.3M

Previous: $8.1M-46.9%
Transformation costs

$23.2M

No prior period
Inventory fair value adjustments

$51.4M

No prior period
Net Income

-$139M

Previous: $17.1M-913.7%
Operating Income

$25.8M

Previous: -$33.8M+176.3%
Gross Profit

$636M

Previous: $5.44M+11583.2%

Revenue & EPS history

QXO · Revenue · Quarterly

$2.73B

Q3 2025+20,639.6%vs Q3 2024
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%

Forward guidance

Turnaround and integration stories focus on synergy, attendance, and path to profitability.

Tailwinds

  • Liquidity and asset base.
  • Operational initiatives.
  • Strategic transactions or portfolio actions.

Headwinds

  • GAAP volatility from impairments.
  • Leverage and execution risk.
  • Cyclical demand.

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 Q3 2025

Historical avgQ3 2025

-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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro