Earnings Releases·Nov 9, 2026, 6:02 AM ET

QXO — Third Quarter 2026 Earnings Summary

Net sales surged 79% year-over-year to $4.90 billion, while GAAP net loss narrowed to $123 million from $139 million in the prior year period.
Adjusted EBITDA rose 85% to $557 million, with the margin expanding to 11.4% from 11.1%, driven by the consolidation of Kodiak Building Partners and TopBuild Corp.
The company maintains a strategic target of $50 billion in annual revenue within the decade, supported by accretive acquisitions and organic growth.
Significant non-cash and one-time expenses were recorded, including $288 million in amortization, $163 million in interest expense, and $40 million in transaction costs.
Preliminary results remain unaudited, with final figures expected to be released on November 12, 2026.