What changed in Qxo, Inc.'s latest annual report
In the year ended 31 Dec 2025, Qxo, Inc.'s revenue rose 11925% to USD 6.84bn, from USD 56.90m; total liabilities rose 13513.4% to USD 6.18bn, from USD 45.40m; total assets rose 211.6% to USD 15.89bn, from USD 5.10bn.
Year ended 31 Dec 2025. Source: 10-K filed 27 Feb 2026, read it on SEC EDGAR.
USD 56.90m to USD 6.84bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 56.90m | 6.84bn | Up 11925% |
| Net income | 28.00m | -279.40m | Not comparable |
| Total assets | 5.10bn | 15.89bn | Up 211.6% |
| Total liabilities | 45.40m | 6.18bn | Up 13513.4% |
| Long-term debt | 0 | 3.06bn | Not comparable |
| Cash and cash equivalents | 5.07bn | 2.36bn | Down 53.4% |
| Shareholders' equity | 5.05bn | 9.71bn | Up 92.1% |
Questions people ask
Did Qxo, Inc.'s revenue grow last year?
Revenue grew 11925%, from USD 56.90m to USD 6.84bn in the year ended 31 Dec 2025.
Is Qxo, Inc. profitable?
Not in its latest year: it reported a net loss of USD 279.40m in the year ended 31 Dec 2025. The year before: USD 28.00m.
How much cash and debt does Qxo, Inc. have?
At its latest year end (31 Dec 2025), Qxo, Inc. reported cash and cash equivalents of USD 2.36bn and long-term debt of USD 3.06bn.
Where do these numbers come from?
From Qxo, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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