stockrowLatest quarter
QXO reported Q2 FY2026 revenue of $3.2 billion, above the consensus of $3.1 billion. Adjusted earnings per share were $0.08, below the consensus of $0.09.
Revenue rose 70.3% from $1.9 billion a year earlier. In its filing, QXO attributed the increase primarily to the Kodiak and Beacon acquisitions. The year-earlier quarter included only part of Beacon’s sales, while Kodiak contributed to complementary building products sales in the latest quarter.
QXO’s gross margin rose to 24.7%. The filing attributed the increase primarily to inventory fair-value adjustments that reduced the prior-year margin, partly offset by product costs rising faster than selling prices. QXO reported diluted EPS of −$0.14, compared with −$0.15 a year earlier. Free cash flow was −$248.1 million, compared with −$194.4 million in the prior-year quarter.
| Q2 FY2026 | Q2 FY2025 | Change | |
|---|---|---|---|
| Revenue | $3.2 billion | $1.9 billion | 70.3% |
| Diluted EPS | −$0.14 | −$0.15 | — |
| Gross margin | 24.7% | 21.0% | 3.7 percentage points |
| Operating margin | −1.29% | −8.55% | 7.3 percentage points |
| Free cash flow | −$248.1 million | −$194.4 million | — |
| Against the consensus | Reported | Consensus | Result |
|---|---|---|---|
| Adjusted EPS | $0.08 | $0.09 | Missed by 11.1% |
| Revenue | $3.2 billion | $3.1 billion | Beat by 3.06% |
Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.
What management said on the call
QXO’s latest earnings call was not available for review for this report.
Guidance
QXO’s management guidance was not available for review, so the company’s current outlook and any changes from its previous guidance cannot be assessed for this report.