QXO, Inc.QXO

QXO’s sharpest sourced fact is not a slogan. The latest SEC EDGAR financial rail shows revenue from contracts with customers of $1.73B for the 10-Q period ending 2026-03-31, but it also shows a net loss attributable to parent of $227.1M and an operating loss of $251.9M for the same period. That is the daily story in miniature: a large building-products distribution platform with real sales, real stock-market filings, and a profit line that still asks hard questions.

The company’s own July 2026 S-3ASR says QXO was created to build a tech-forward leader in the approximately $800B building products distribution sector. It also says Beacon merged into the group, survived as a wholly owned subsidiary, and was renamed QXO Building Products, Inc. The same filing says QXO Building Products has served the building industry for over 95 years and operates approximately 600 branches throughout all 50 US states and seven Canadian provinces. This is a branch, product and contractor story first, with technology attached to a physical distribution network.

The product rail backs that up. IKO brings commercial roofing, insulation, residential shingles and waterproofing. TAMKO brings roof shingles, residential roofing accessories and commercial roofing. Elevate brings TPO, EPDM and PVC commercial roofing. The QXO brand pages also list app integration partners, measurement partners, API services, delivery tracking, homeowner financing, online bill payments, order history, manufacturer rebate tracking, Storm Tracker and Storm+. Those details matter because they show what the tech-forward claim is meant to touch: ordering, payment, measurement, delivery and weather-sensitive work.

The 10-Q figures add balance-sheet weight. At 2026-03-31, QXO had assets of $16.66B, liabilities of $6.50B, stockholders' equity attributable to parent of $10.16B, cash and cash equivalents of $3.05B, inventory, net, of $1.67B, and net cash provided by operating activities of $70.6M. Diluted EPS was -$0.35, with diluted weighted average shares outstanding of 744.4M. The rail also records an increase in inventories of $183.9M for the period ending 2026-03-31.

There is The source-change rail is filing/source-led and does not use chart-derived signals. Chart context is available separately on this page through the Atlas chart snapshot or TradingView route where available. That sequence includes the 2026-07-01 S-3ASR and S-8, July 2 Form 3 and Form 4 filings, and a 2026-07-09 8-K. The names of those filings are relevant developments, but the supplied rail does not parse every filing line, executive name, registration detail or transaction amount.

What changed is that the public record around QXO is busy in July, while the latest parsed financials still come from the 10-Q period ending 2026-03-31. What remains unproven on this rail is whether the acquired distribution platform can turn revenue, branch scale, product breadth and contractor-facing software into cleaner earnings. The evidence is enough to describe the machine; it is not enough to declare that the machine is already humming.