QXO Insulation (BLD) Operating Expenses (2014 - 2026)

QXO Insulation's (BLD) quarterly Operating Expenses came in at $225.2 million in Q1 2026, up 29.44% YoY from $174.0 million in Q1 2025, and little changed on a QoQ basis from $224.9 million in Q4 2025.

QXO Insulation (BLD) Operating Expenses (2014 - 2026) Analysis & Trends

QXO Insulation (BLD) has 13 years of Operating Expenses data on file, last reported at $225.2 million in Q1 2026.

  • Quarterly Operating Expenses rose 29.44% year-over-year to $225.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $828.3 million (up 11.94% YoY) and the FY2025 annual result came in at $777.1 million, up 5.21% from the prior year.
  • Operating Expenses steadied at $225.2 million in Q1 2026, from $224.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $225.2 million in Q1 2026 to a low of $167.2 million in Q1 2022.
  • A 5-year average of $185.6 million and a median of $176.9 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 64.17% — and 2025, when it declined 18.39%.
  • Tracing BLD's Operating Expenses over 5 years: stood at $172.6 million in 2022, then advanced by 7.97% to $186.3 million in 2023, then dropped by 6.3% to $174.6 million in 2024, then climbed by 28.83% to $224.9 million in 2025, then gained by 0.13% to $225.2 million in 2026.
  • The last three Operating Expenses figures came in at $225.2 million (Q1 2026), $224.9 million (Q4 2025), and $203.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 698.49 Mn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 287.05 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 475.04 Mn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 206.47 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 49.26 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 528.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 876.07 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 162.17 Mn
10 QXO Insulation 9.92 Bn 9.65 Bn 400.25 Mn 225.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 225.21 Mn
Dec 31, 2025 224.92 Mn
Sep 30, 2025 203.91 Mn
Jun 30, 2025 174.25 Mn
Mar 31, 2025 173.98 Mn
Dec 31, 2024 174.58 Mn
Sep 30, 2024 177.82 Mn
Jun 30, 2024 213.53 Mn
Mar 31, 2024 172.64 Mn
Dec 31, 2023 186.32 Mn
Sep 30, 2023 183.20 Mn
Jun 30, 2023 184.70 Mn
Mar 31, 2023 170.78 Mn
Dec 31, 2022 172.56 Mn
Sep 30, 2022 172.87 Mn
Jun 30, 2022 176.88 Mn
Mar 31, 2022 167.25 Mn
Dec 31, 2021 164.72 Mn
Sep 30, 2021 116.49 Mn
Jun 30, 2021 114.89 Mn