# QXO, INC. (QXO) · Edgar & Edgarette company card

> Qxo (QXO) grew revenue 11925% in FY2025 to $6.8 billion, operating margin -3.6% against a 5.0% median for lumber & other construction materials, equity 61.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1236275 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/QXO) · [JSON](https://www.pops4.com/boards/company/QXO.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.8B |
| Revenue growth, 1 year | 11925.0% |
| Revenue growth per year | 257.9% |
| Operating margin | -3.6% (prior year -124.8%) |
| Net margin | -4.1% |
| Operating cash flow | $261M |
| Capital spending | $78M |
| Free cash flow | $183M |
| Cash | $2.4B |
| Long-term debt | $3.1B |
| Total assets | $15.9B |
| Total equity | $9.7B |
| Equity ÷ assets | 61.1% |
| Return on equity | -2.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.11 (safe zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -3.6% in FY2025
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $6.8B (FY2025), total debt $3.1B. Experience: revenue up 11925.0% on the year, up 257.9% a year over 4 years; operating margin -3.6%, up from -124.8%. Soundness: equity 61.1% of assets, return on equity -2.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $372.9B and $472.5B next year (method v4.1: its own 3-year record of growth weighed at 40% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $342.1B to $515.2B. A statistical range, not company guidance. Against peers (43 filers, $50M+ revenue, its industry group): operating margin -3.6% against a 5.0% median; growth 11925.0% against 4.3%.

Range logged 2026-09-27, receipt 6b52f0cff257450b, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-08-24 ([filing](https://www.sec.gov/Archives/edgar/data/1236275/000095014226002421/0000950142-26-002421-index.htm))

## Recent filings

- 8-K · filed 2026-11-09 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1236275/000095014226002986/0000950142-26-002986-index.htm)
- 8-K · filed 2026-11-09 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1236275/000162828026071846/0001628280-26-071846-index.htm)
- 8-K · filed 2026-08-24 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1236275/000095014226002421/0000950142-26-002421-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1236275/000162828026056919/0001628280-26-056919-index.htm)
- 8-K · filed 2026-08-13 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1236275/000162828026056734/0001628280-26-056734-index.htm)
- 8-K · filed 2026-07-23 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1236275/000110465926086330/0001104659-26-086330-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001236275.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1236275

## Cite

POPS4, Edgar & Edgarette: QXO, INC. (QXO) company card, from the company's own SEC filings, accessed 2026-11-11, https://www.pops4.com/boards/company/QXO. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.