)

QXO (QXO) investor relations material
QXO Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Completed the $10.6B Beacon Acquisition on April 29, 2025, transforming into the largest publicly traded distributor of roofing and complementary building products in North America.
Transitioned from a technology solutions company to a building products distribution business, targeting $50B in annual revenues within a decade via acquisitions and organic growth.
Launched transformation initiatives in pricing, procurement, sales, logistics, and organizational structure.
Q2 2025 results reflect the inclusion of Beacon's operations from April 29, 2025, onward; prior periods are not comparable.
Financial highlights
Q2 2025 net sales were $1.91B, up from $14.5M year-over-year, driven by the Beacon Acquisition.
Q2 2025 net loss was $58.5M, with basic/diluted loss per share of $(0.15).
Adjusted EBITDA for Q2 2025 was $204.6M, with an Adjusted EBITDA margin of 10.7%.
Adjusted net income for Q2 2025 was $83.6M; Adjusted Diluted EPS was $0.11.
Gross margin for Q2 2025 was 21.1%; Adjusted Gross Margin was 25.3% after excluding $80.3M in inventory fair value adjustments.
Outlook and guidance
Management targets $50B in annual revenues within the next decade, focusing on accretive acquisitions and organic growth.
Management expects to at least double legacy Beacon EBITDA organically.
Existing liquidity and capital resources are considered sufficient to support operations over the next 12 months.
Strong momentum anticipated in both acquisition pipeline and organic initiatives.
Next QXO earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage