QXO Announces Third Quarter 2026 Preliminary Financial Information
Originally Published by: QXO — November 9, 2026
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GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today announced the following preliminary financial information for the third quarter of 2026. The Company expects to report its full third quarter 2026 results on November 12, 2026.
THIRD QUARTER 2026 SUMMARY PRELIMINARY RESULTS
- Net sales of approximately $4.90 billion, up 79% from $2.73 billion in the third quarter of 2025
- GAAP net loss of approximately $123 million, compared to a GAAP net loss of $139 million in the third quarter of 2025
- Adjusted EBITDA, a non-GAAP financial measure, of approximately $557 million, up 85% from $301 million in the third quarter of 2025
Third quarter 2026 results include the results of Kodiak Building Partners, Inc. from April 1, 2026 and TopBuild Corp. from July 1, 2026, the respective dates of acquisition, neither of which is included in third quarter 2025 results.
The Company’s preliminary unaudited financial results in this press release for the third quarter ended September 30, 2026 are preliminary, unaudited and subject to completion, and may change as a result of management’s continued review. Such preliminary results are subject to the finalization of quarter-end financial and accounting procedures. The preliminary financial results represent management estimates that constitute forward-looking statements subject to risks and uncertainties. As a result, the preliminary financial results may differ from the actual results when they are completed and publicly disclosed. These preliminary results should not be viewed as a substitute for the Company’s full third quarter financial statements and do not present all information necessary for a complete understanding of financial performance.
About QXO
QXO is a leading distributor and installer of building products serving an $800 billion market. The Company’s mission is to modernize the building products industry through advanced technology and a best-in-class customer experience. QXO is North America’s largest distributor and installer of insulation, the second-largest distributor of roofing products, the second-largest publicly traded distributor of lumber and building materials, and the largest distributor of waterproofing products. The Company is targeting $50 billion in annual revenue within the decade through accretive acquisitions and organic growth. For more information, visit QXO.com.