QXO, Inc. (QXO)

QXO, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,279	5,069	6.14	8.01	6.81	6.6
Cash & Short-Term Investments	2,279	5,069	6.14	8.01	6.81	6.6
Cash Growth	134.59%	82408.61%	-23.29%	17.53%	3.32%	-23.83%
Accounts Receivable	1,576	2.74	2.97	2.6	2.21	1.63
Other Receivables	691.5	11.05	-	-	-	-
Receivables	2,267	13.79	2.97	2.6	2.21	1.63
Prepaid Expenses	95.7	3.79	2.68	1.57	1.69	0.4
Restricted Cash	3.8	3.5	-	-	-	-
Other Current Assets	-	-	-	1.52	-	-
Total Current Assets	6,495	5,090	11.8	13.7	10.71	8.63
Property, Plant & Equipment	1,444	0.7	1.03	1.04	1.6	1.9
Goodwill	5,138	1.16	1.14	1.14	1.01	1.01
Other Intangible Assets	4,004	4.02	4.92	4.27	3.49	3.13
Long-Term Deferred Tax Assets	-	2.6	1.44	1.11	0.99	1.04
Other Long-Term Assets	15.9	0.19	0.17	0.19	0.19	0.2
Total Assets	17,114	5,098	20.5	21.44	18	15.9
Accounts Payable	1,427	6.19	4.56	3.27	2.04	1.88
Accrued Expenses	585.7	35.69	2.68	2.46	1.77	1.35
Current Portion of Long-Term Debt	-	-	0.7	0.78	0.4	0.55
Current Portion of Leases	152.8	0.32	0.42	0.48	0.63	0.6
Current Income Taxes Payable	-	-	-	-	0.07	0.32
Current Unearned Revenue	-	2.9	3.16	3.76	2.48	2.04
Total Current Liabilities	2,165	45.1	11.52	10.75	7.39	6.73
Long-Term Debt	3,251	-	0.99	0.67	0.57	0.94
Long-Term Leases	711	0.26	0.51	0.46	0.69	0.95
Other Long-Term Liabilities	28.8	-	-	-	-	-
Total Liabilities	7,199	45.36	13.02	11.89	8.64	8.62
Common Stock	-	0	-	0	0	0
Additional Paid-In Capital	8,966	4,561	9.42	10.43	9.95	7.74
Retained Earnings	-104.1	-6.23	-1.95	-0.88	-0.59	-0.46
Total Common Equity	8,859	4,554	7.47	9.55	9.36	7.28
Shareholders' Equity	9,915	5,053	7.47	9.55	9.36	7.28
Total Liabilities & Equity	17,114	5,098	20.5	21.44	18	15.9
Total Debt	4,115	0.58	2.62	2.4	2.29	3.04
Net Cash (Debt)	-1,837	5,068	3.52	5.61	4.53	3.56
Net Cash Growth	-	143711.78%	-37.17%	23.89%	27.23%	-44.62%
Net Cash Per Share	-4.01	24.84	5.36	8.68	7.21	6.32
Filing Date Shares Outstanding	673.56	409.43	0.66	0.66	0.64	0.63
Total Common Shares Outstanding	671.6	409.43	0.66	0.66	0.64	0.56
Working Capital	4,329	5,044	0.27	2.95	3.32	1.9
Book Value Per Share	13.19	11.12	11.24	14.54	14.57	12.94
Tangible Book Value	-283.1	4,549	1.41	4.15	4.85	3.14
Tangible Book Value Per Share	-0.42	11.11	2.13	6.31	7.56	5.58
Machinery	281	4.2	3.94	2.57	2.53	2.19
Leasehold Improvements	118	0.1	0.17	0.17	0.17	0.17

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q