Revenue: As of FY2026 Q1, the actual value is USD 1.73 B, beating the estimate of USD 1.729 B.EPS: As of FY2026 Q1, the actual value is USD -0.35, missing the estimate of USD -0.255.EBIT: As of FY2026 Q1, the actual value is USD -220.8 M.<h4>Operational Metrics</h4><ul><li>Net (loss) income: QXO, Inc. reported a net loss of -$227.1 million for the three months ended March 31, 2026, a decrease from a net income of $8.8 million in the prior year period .</li><li>Net margin: The net margin was -13.1% in Q1 2026, down from 65.2% in Q1 2025 .</li><li>Adjusted EBITDA: Adjusted EBITDA for Q1 2026 was $1.2 million, a significant improvement from -$9.0 million in Q1 2025 .</li><li>Adjusted EBITDA Margin: The Adjusted EBITDA Margin increased to 0.1% in Q1 2026 from -66.7% in Q1 2025 .</li><li>Adjusted Net Loss: The Adjusted Net Loss was -$57.2 million for Q1 2026 .</li><li>Basic and diluted loss per common share: The basic and diluted loss per common share was -$0.35 in Q1 2026, compared to -$0.03 in Q1 2025 .</li><li>Adjusted Diluted Loss per Common Share: The Adjusted Diluted Loss per Common Share was -$0.12 for Q1 2026 .</li><li>Gross profit: Gross profit increased to $409.3 million in Q1 2026 from $5.4 million in Q1 2025 .</li><li>Total operating expense: Total operating expense rose to $661.2 million in Q1 2026 from $44.7 million in Q1 2025 .</li><li>Loss from operations: The loss from operations was -$251.9 million in Q1 2026, compared to -$39.3 million in Q1 2025 .</li><li>Interest (expense) income, net: Net interest expense was -$31.1 million in Q1 2026, a change from net interest income of $56.6 million in Q1 2025 .</li><li>(Benefit from) provision for income taxes: There was a benefit from income taxes of -$53.2 million in Q1 2026, compared to a provision for income taxes of $8.5 million in Q1 2025 .</li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities: Net cash provided by operating activities was $70.6 million in Q1 2026, up from $36.5 million in Q1 2025 .</li><li>Capital expenditures: Capital expenditures were -$22.5 million in Q1 2026, an increase from -$0.1 million in Q1 2025 .</li><li>Net cash used in investing activities: Net cash used in investing activities was -$19.5 million in Q1 2026, compared to -$0.8 million in Q1 2025 .</li><li>Net cash provided by (used in) financing activities: Net cash provided by financing activities was $633.9 million in Q1 2026, a significant change from net cash used in financing activities of -$22.5 million in Q1 2025 .</li><li>Cash, cash equivalents and restricted cash, end of period: The period ended with $3,050.1 million in cash, cash equivalents and restricted cash, down from $5,085.2 million at the end of the prior year period .</li></ul><h4>Segment Revenue (Sales by Line of Business for Q1 2026)</h4><ul><li>Residential roofing products: Generated $799.1 million, accounting for 46.2% of total net sales .</li><li>Non-residential roofing products: Contributed $463.6 million, or 26.8% of total net sales .</li><li>Complementary building products: Accounted for $452.9 million, or 26.2% of total net sales .</li><li>Software products and services: Totaled $14.6 million, representing 0.8% of total net sales . For Q1 2025, this segment generated $13.5 million, representing 100.0% of total net sales .</li></ul><h4>Other Key Financial Metrics</h4><ul><li>Total current assets: Increased to $6,456.6 million as of March 31, 2026, from $5,546.3 million as of December 31, 2025 .</li><li>Total liabilities: Increased to $6,495.3 million as of March 31, 2026, from $6,180.5 million as of December 31, 2025 .</li><li>Total stockholders’ equity: Increased to $10,164.9 million as of March 31, 2026, from $9,706.8 million as of December 31, 2025 .</li></ul><h4>Outlook / Guidance</h4>QXO, Inc. anticipates closing the $17 billion acquisition of TopBuild Corp. in the third quarter of 2026, which is expected to make QXO, Inc. the second largest publicly traded building products distributor in North America . The company remains on track to achieve $50 billion in annual revenue within the next decade through acquisitions and organic growth .

QXO | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 1.73 B