Qxo (QXO) Cost of Revenue (2010 - 2026)
Qxo's quarterly Cost of Revenue came in at $1.3 billion in Q1 2026, up 16207.41% year-on-year from N/an in Q1 2025, and down 20.63% quarter-over-quarter from $1.7 billion in Q4 2025.
Qxo has reported Cost of Revenue for 17 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 16207.41% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $6.6 billion (up 19786.1% YoY), and the FY2025 full-year result was $5.3 billion, up 15490.24% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.3 billion, down from $1.7 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.1 billion in Q3 2025, with the low at $1.9 million in Q2 2022.
- Average Cost of Revenue over 5 years is $392.6 million, with a median of $8.1 million recorded in 2025.
- Year-over-year, Cost of Revenue plunged 89.21% in 2022 and surged 27432.89% in 2025.
- Tracing QXO's Cost of Revenue over 5 years: stood at $2.1 million in 2022, then surged by 328.06% to $9.0 million in 2023, then slipped by 3.2% to $8.7 million in 2024, then soared by 19028.74% to $1.7 billion in 2025, then dropped by 20.63% to $1.3 billion in 2026.
- The last three Cost of Revenue figures came in at $1.3 billion (Q1 2026), $1.7 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Qxo | 12.41 Bn | 9.36 Bn | 409.30 Mn | 1.32 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.32 Bn |
| Mar 31, 2026 | 1.32 Bn |
| Dec 31, 2025 | 1.66 Bn |
| Dec 31, 2025 | 1.66 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 8.10 Mn |
| Mar 31, 2025 | 8.10 Mn |
| Dec 31, 2024 | 8.70 Mn |
| Dec 31, 2024 | 8.70 Mn |
| Sep 30, 2024 | 7.60 Mn |
| Sep 30, 2024 | 7.60 Mn |
| Jun 30, 2024 | 8.70 Mn |
| Jun 30, 2024 | 8.70 Mn |
| Mar 31, 2024 | 8.78 Mn |
| Mar 31, 2024 | 8.78 Mn |
| Dec 31, 2023 | 8.99 Mn |
| Dec 31, 2023 | 8.99 Mn |
| Sep 30, 2023 | 8.07 Mn |
| Sep 30, 2023 | 8.07 Mn |
| Jun 30, 2023 | 8.07 Mn |
| Jun 30, 2023 | 8.07 Mn |
| Mar 31, 2023 | 7.77 Mn |
| Mar 31, 2023 | 7.77 Mn |
| Dec 31, 2022 | 2.10 Mn |
| Dec 31, 2022 | 2.10 Mn |
| Sep 30, 2022 | 6.49 Mn |
| Sep 30, 2022 | 6.49 Mn |
| Jun 30, 2022 | 1.85 Mn |
| Jun 30, 2022 | 1.85 Mn |
| Mar 31, 2022 | 6.32 Mn |
| Mar 31, 2022 | 6.32 Mn |
| Dec 31, 2021 | 19.46 Mn |
| Dec 31, 2021 | 19.46 Mn |
| Sep 30, 2021 | 6.17 Mn |
| Sep 30, 2021 | 6.17 Mn |
| Jun 30, 2021 | 5.96 Mn |
| Jun 30, 2021 | 5.96 Mn |
| Mar 31, 2021 | 1.72 Mn |
| Mar 31, 2021 | 1.72 Mn |
| Dec 31, 2020 | 1.94 Mn |
| Dec 31, 2020 | 1.94 Mn |
| Sep 30, 2020 | 6.11 Mn |
| Sep 30, 2020 | 6.11 Mn |
| Jun 30, 2020 | 5.73 Mn |
| Jun 30, 2020 | 5.73 Mn |
| Mar 31, 2020 | 6.23 Mn |
| Mar 31, 2020 | 6.23 Mn |
| Dec 31, 2019 | -10.74 Mn |
| Dec 31, 2019 | -10.74 Mn |
| Sep 30, 2019 | 6.41 Mn |
| Sep 30, 2019 | 6.41 Mn |
| Jun 30, 2019 | 1.57 Mn |
| Jun 30, 2019 | 1.57 Mn |
| Mar 31, 2019 | 5.54 Mn |
| Mar 31, 2019 | 5.54 Mn |
| Dec 31, 2018 | 17.59 Mn |
| Dec 31, 2018 | 17.59 Mn |
| Sep 30, 2018 | 1.61 Mn |
| Sep 30, 2018 | 1.61 Mn |
| Jun 30, 2018 | 1.72 Mn |
| Jun 30, 2018 | 1.72 Mn |
| Mar 31, 2018 | 1.60 Mn |
| Mar 31, 2018 | 1.60 Mn |
| Dec 31, 2017 | -10.67 Mn |
| Dec 31, 2017 | -10.67 Mn |
| Sep 30, 2017 | 5.80 Mn |
| Sep 30, 2017 | 5.80 Mn |
| Jun 30, 2017 | 1.28 Mn |
| Jun 30, 2017 | 1.28 Mn |
| Mar 31, 2017 | 4.62 Mn |
| Mar 31, 2017 | 4.62 Mn |
| Dec 31, 2016 | -13.56 Mn |
| Dec 31, 2016 | -13.56 Mn |
| Sep 30, 2016 | 5.98 Mn |
| Sep 30, 2016 | 5.98 Mn |
| Jun 30, 2016 | 641,855.00 |
| Jun 30, 2016 | 641,855.00 |
| Mar 31, 2016 | 444,894.00 |
| Mar 31, 2016 | 444,894.00 |
| Dec 31, 2015 | 11.62 Mn |
| Dec 31, 2015 | 11.62 Mn |
| Sep 30, 2015 | 4.29 Mn |
| Sep 30, 2015 | 4.29 Mn |
| Jun 30, 2015 | 929,668.00 |
| Jun 30, 2015 | 929,668.00 |
| Mar 31, 2015 | 912,130.00 |
| Mar 31, 2015 | 912,130.00 |
| Dec 31, 2014 | -4.55 Mn |
| Dec 31, 2014 | -4.55 Mn |
| Sep 30, 2014 | 853,818.00 |
| Sep 30, 2014 | 853,818.00 |
| Jun 30, 2014 | 890,627.00 |
| Jun 30, 2014 | 890,627.00 |
| Mar 31, 2014 | 732,275.00 |
| Mar 31, 2014 | 732,275.00 |
| Dec 31, 2013 | -3.03 Mn |
| Dec 31, 2013 | -3.03 Mn |
| Sep 30, 2013 | 2.18 Mn |
| Sep 30, 2013 | 2.18 Mn |
| Jun 30, 2013 | 2.26 Mn |
| Jun 30, 2013 | 2.26 Mn |
| Mar 31, 2013 | 342,313.00 |
| Mar 31, 2013 | 342,313.00 |
| Dec 31, 2012 | -4.41 Mn |
| Dec 31, 2012 | -4.41 Mn |
| Sep 30, 2012 | 2.08 Mn |
| Sep 30, 2012 | 2.08 Mn |
| Jun 30, 2012 | 203,982.00 |
| Jun 30, 2012 | 203,982.00 |
| Mar 31, 2012 | 1.73 Mn |
| Mar 31, 2012 | 1.73 Mn |
| Dec 31, 2011 | 536,631.00 |
| Dec 31, 2011 | 536,631.00 |
| Sep 30, 2011 | 1.36 Mn |
| Sep 30, 2011 | 1.36 Mn |
| Jun 30, 2011 | 1.31 Mn |
| Jun 30, 2011 | 1.31 Mn |
| Mar 31, 2011 | 431,187.00 |
| Mar 31, 2011 | 431,187.00 |
| Dec 31, 2010 | 586,316.00 |
| Dec 31, 2010 | 586,316.00 |
| Sep 30, 2010 | 104,730.00 |
| Sep 30, 2010 | 104,730.00 |
| Jun 30, 2010 | 114,463.00 |
| Jun 30, 2010 | 114,463.00 |