QXO, Inc.
QXO Industrials Industrial Distribution
QXO, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 11,925.0% from fiscal 2024.
- Revenue
- +70.3%
- EPS
- +6.67%
- Free cash flow
- −27.6%
- Total debt
- +82.0%
Quarter to June 2026, against a year earlier
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QXO, Inc. (QXO) Gross margin
QXO, Inc.'s gross margin over the twelve months to 30 June 2026 was 24.0%, up 1.0 percentage points from fiscal 2025 (23.0%). Over the past ten years it has ranged from 23.0% (fiscal 2025) to 41.3% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Industrial Distribution industry median of 30.0% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 23.0% | (17.61) |
| FY2024 | 40.6% | 0.95 |
| FY2023 | 39.7% | (0.28) |
| FY2022 | 39.9% | (1.34) |
| FY2021 | 41.3% | 1.05 |
| FY2020 | 40.2% | 2.10 |
| FY2019 | 38.1% | (0.26) |
| FY2018 | 38.4% | (1.40) |
| FY2017 | 39.8% | 2.48 |
| FY2016 | 37.3% | (1.93) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 24.7% | 1.08 |
| Mar 2026 | 23.7% | (0.52) |
| Dec 2025 | 24.2% | 0.88 |
| Sep 2025 | 23.3% | 2.26 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MSM MSC Industrial Direct Company, Inc. compare | 40.9% |
| XMTR Xometry, Inc. compare | 38.6% |
| AIT Applied Industrial Technologies, Inc. compare | 30.4% |
| POOL Pool Corporation compare | 29.4% |
| WSO.B Watsco, Inc. compare | 27.5% |
| WSO Watsco, Inc. compare | 27.2% |
| CNM Core & Main, Inc. compare | 27.1% |
| QXO QXO, Inc. | 24.0% |
| WCC WESCO International, Inc. compare | 21.5% |
| Industrial Distribution industry median | 30.0% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on QXO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement