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QXO (QXO) investor relations material
QXO Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q2 2026 rose to $3.25B from $1.91B in Q2 2025, reflecting major acquisitions including Kodiak Building Partners ($2.22B, April 2026) and TopBuild Corp. ($15B, July 2026), expanding scale and product offerings.
Gross profit for Q2 2026 increased to $803M from $401M in Q2 2025; gross margin improved to 24.7%.
Net loss for Q2 2026 was $55M, compared to $59M in Q2 2025.
Adjusted Net Income for Q2 2026 was $130M, up from $109M in Q2 2025.
Adjusted EBITDA for Q2 2026 was $272M, compared to $204M in Q2 2025.
Financial highlights
Q2 2026 net sales: $3.25B (up from $1.91B in Q2 2025); H1 2026 net sales: $4.98B (up from $1.92B in H1 2025).
Q2 2026 gross profit: $803M; gross margin: 24.7%.
Q2 2026 net loss: $55M; H1 2026 net loss: $282M.
Adjusted EBITDA for Q2 2026: $272M (8.4% margin); H1 2026: $273M (5.5% margin).
Adjusted diluted EPS for Q2 2026: $0.08; adjusted net income: $73M.
Outlook and guidance
Targeting $50B in annual revenues within the next decade and more than doubling EBITDA by 2030 through acquisitions and organic growth.
Plans to report new segment structure following integration of recent acquisitions.
Focus on technology upgrades and integration to drive growth.
Management expects continued growth from expanded product offerings and geographic reach.
- Share issuance and charter amendment proposals passed, enabling the Titanium merger.QXO
EGM 2026 - Acquisitions and all shareholder proposals approved, advancing growth and leadership goals.QXO
AGM 2026 - Q1 2026 saw $1.73B sales and a $227M net loss, driven by acquisitions and integration costs.QXO
Q1 2026 - QXO's $17B TopBuild acquisition creates a diversified, high-margin industry leader with major growth potential.QXO
Acquisition presentation - Virtual annual meeting to vote on directors, auditor, and executive pay, all board-backed.QXO
Proxy filing - Director elections, auditor ratification, and executive pay are central to this year's proxy.QXO
Proxy filing - 2025 results show transformative growth from acquisitions, with strong outlook post-Kodiak deal.QXO
Q4 2025 - Shareholders will vote on directors, auditor, and executive pay after a transformative equity investment.QXO
Proxy Filing - Shareholders will vote on directors, auditor, executive pay, and governance after major board changes.QXO
Proxy Filing
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