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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 reached $3.25 billion, up from $1.91 billion in Q2 2025, reflecting recent acquisitions.
Net loss for Q2 2026 was $55 million, compared to a $59 million loss in Q2 2025.
Adjusted Net Income for Q2 2026 was $130 million, up from $109 million in Q2 2025.
Adjusted EBITDA for Q2 2026 was $272 million, compared to $204 million in Q2 2025.
The company completed the TopBuild acquisition on July 1, expanding its scale and market presence.
Financial highlights
Gross profit for Q2 2026 was $803 million, with an adjusted gross margin of 24.7%.
Adjusted Diluted Earnings per Common Share for Q2 2026 was $0.08, down from $0.11 in Q2 2025.
Net margin for Q2 2026 was (1.7)%, while Adjusted EBITDA Margin was 8.4%.
Cash and cash equivalents at June 30, 2026 were $2.77 billion.
Total assets increased to $22.67 billion as of June 30, 2026.
Outlook and guidance
Management targets more than doubling EBITDA by 2030 and reaching $50 billion in revenue within the decade.
Focus remains on technology upgrades and integration of recent acquisitions to drive growth.
- 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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