QXO, Inc. (QXO-PB) Gross Margin (2010 - 2026)
Qxo (QXO-PB) posted quarterly Gross Margin of 23.66% for Q1 2026, down 1634.0% year-over-year from 1.54% in Q1 2025, and down 2.05% quarter-over-quarter from 24.15% in Q4 2025.
QXO, Inc. (QXO-PB) Gross Margin (2010 - 2026) Analysis & Trends
Qxo's Gross Margin history runs 17 years deep, the most recent figure standing at 23.66% for Q1 2026.
- In Q1 2026, Gross Margin fell 1634.0% year-over-year to 23.66%; the TTM figure through Mar 2026 stood at 23.09% (down 1769.0% YoY), while the FY2025 annual figure was 22.99%, down 1761.0% from the prior year.
- Gross Margin for Q1 2026 stood at 23.66%, down from 24.15% in the prior quarter.
- The five-year high for Gross Margin was 42.68% in Q1 2022, with the low at 21.07% in Q2 2025.
- The 5-year median for Gross Margin is 39.19% (2024), against an average of 36.07%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 232 bps in 2024, then plunged 1893 bps in 2025.
- Qxo's Gross Margin stood at 37.88% in 2022, then rose by 3 bps to 38.89% in 2023, then grew by 6 bps to 41.22% in 2024, then plunged by 41 bps to 24.15% in 2025, then retreated by 2 bps to 23.66% in 2026.
- Business Quant data shows QXO-PB's Gross Margin at 23.66% in Q1 2026, 24.15% in Q4 2025, and 23.3% in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.66% |
| Dec 31, 2025 | 24.15% |
| Sep 30, 2025 | 23.30% |
| Jun 30, 2025 | 21.07% |
| Mar 31, 2025 | 40.00% |
| Dec 31, 2024 | 41.22% |
| Sep 30, 2024 | 41.98% |
| Jun 30, 2024 | 40.00% |
| Mar 31, 2024 | 39.19% |
| Dec 31, 2023 | 38.89% |
| Sep 30, 2023 | 39.86% |
| Jun 30, 2023 | 39.11% |
| Mar 31, 2023 | 40.81% |
| Dec 31, 2022 | 37.88% |
| Sep 30, 2022 | 40.57% |
| Jun 30, 2022 | 38.80% |
| Mar 31, 2022 | 42.68% |
| Dec 31, 2021 | 40.56% |
| Sep 30, 2021 | 38.97% |
| Jun 30, 2021 | 41.75% |