Qxo (QXO) Cost of Revenue (2010 - 2026)
Qxo (QXO) posted quarterly Cost of Revenue of $1.3 billion for Q1 2026, up 16207.41% year-over-year from N/an in Q1 2025, and down 20.63% quarter-over-quarter from $1.7 billion in Q4 2025.
Qxo (QXO) Cost of Revenue (2010 - 2026) Analysis & Trends
Qxo's Cost of Revenue history runs 17 years deep, the most recent figure standing at $1.3 billion for Q1 2026.
- In Q1 2026, Cost of Revenue rose 16207.41% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $6.6 billion (up 19786.1% YoY), while the FY2025 annual figure 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 $6.3 million in Q1 2022.
- The 5-year median for Cost of Revenue is $8.1 million (2025), against an average of $393.2 million.
- Peak annual rise in Cost of Revenue reached 27432.89% in 2025, while the deepest fall reached 7.72% in 2025.
- Qxo's Cost of Revenue stood at $7.7 million in 2022, then climbed by 16.63% to $9.0 million in 2023, then retreated by 3.2% to $8.7 million in 2024, then jumped by 19028.74% to $1.7 billion in 2025, then decreased by 20.63% to $1.3 billion in 2026.
- Business Quant data shows QXO's Cost of Revenue at $1.3 billion in Q1 2026, $1.7 billion in Q4 2025, and $2.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 3.04 Bn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 1.32 Bn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 5.15 Bn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 5.21 Bn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 870.65 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 1.53 Bn |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 1.39 Bn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 1.28 Bn |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 616.68 Mn |
| 10 | Qxo | 3.02 Bn | -22.03 Mn | 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 |