QXO (QXO) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
20 May, 2026Opening remarks and agenda
Welcomed attendees to the virtual 26th Annual Meeting and introduced the board of directors.
Outlined the meeting agenda and rules, with procedures posted on the meeting website.
Strategic initiatives and plans
Completed the acquisition of Beacon Roofing Supply, becoming the largest publicly traded distributor of roofing and related products in North America.
Acquired Kodiak Building Partners for $2.25 billion and announced a $17 billion acquisition of TopBuild.
Upon closing the TopBuild deal, will become the second largest publicly traded building products distributor in North America.
Set a goal of reaching $50 billion in revenue through M&A, organic growth, and technology.
Board and executive committee updates
All seven current directors nominated for re-election to serve until the 2027 Annual Meeting.
No other nominations were received as required under the bylaws.
Latest events from QXO
- Q1 2026 saw $1.73B sales and a $227M net loss, driven by acquisitions and integration costs.QXO
Q1 202612 May 2026 - QXO's $17B TopBuild acquisition creates a diversified, high-margin industry leader with major growth potential.QXO
Acquisition presentation20 Apr 2026 - Virtual annual meeting to vote on directors, auditor, and executive pay, all board-backed.QXO
Proxy filing24 Mar 2026 - Director elections, auditor ratification, and executive pay are central to this year's proxy.QXO
Proxy filing24 Mar 2026 - 2025 results show transformative growth from acquisitions, with strong outlook post-Kodiak deal.QXO
Q4 202525 Feb 2026 - Shareholders will vote on directors, auditor, and executive pay after a transformative equity investment.QXO
Proxy Filing2 Dec 2025 - Shareholders will vote on directors, auditor, executive pay, and governance after major board changes.QXO
Proxy Filing2 Dec 2025 - Director elections, auditor ratification, and say-on-pay vote set for May 12, 2025.QXO
Proxy Filing2 Dec 2025 - Q3 2025 net sales hit $2.73B with strong margins, but net loss totaled $139.4M.QXO
Q3 20256 Nov 2025