Growth Metrics

Qxo (QXO) Cost of Revenue (2016 - 2025)

Qxo has reported Cost of Revenue over the past 16 years, most recently at $1.7 billion for Q4 2025.

  • Quarterly results put Cost of Revenue at $1.7 billion for Q4 2025, up 19028.74% from a year ago — trailing twelve months through Dec 2025 was $5.3 billion (up 15500.46% YoY), and the annual figure for FY2025 was $5.3 billion, up 15490.24%.
  • Cost of Revenue for Q4 2025 was $1.7 billion at Qxo, down from $2.1 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for QXO hit a ceiling of $2.1 billion in Q3 2025 and a floor of $1.7 million in Q4 2021.
  • Median Cost of Revenue over the past 5 years was $8.1 million (2023), compared with a mean of $268.4 million.
  • Biggest five-year swings in Cost of Revenue: plummeted 72.39% in 2021 and later surged 27432.89% in 2025.
  • Qxo's Cost of Revenue stood at $1.7 million in 2021, then skyrocketed by 1169.54% to $21.4 million in 2022, then tumbled by 57.96% to $9.0 million in 2023, then fell by 3.2% to $8.7 million in 2024, then soared by 19028.74% to $1.7 billion in 2025.
  • The last three reported values for Cost of Revenue were $1.7 billion (Q4 2025), $2.1 billion (Q3 2025), and $1.5 billion (Q2 2025) per Business Quant data.