Qxo (QXO) Cost of Revenue (2010 - 2026)

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 was $1.3 billion for Q1 2026 at Qxo, down from $1.7 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.1 billion in Q3 2025 to a low of $1.9 million in Q2 2022.
• Historically, Cost of Revenue has averaged $392.6 million across 5 years, with a median of $8.1 million in 2025.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue plunged 89.21% in 2022, then soared 27432.89% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $2.1 million in 2022, then jumped by 328.06% to $9.0 million in 2023, then decreased by 3.2% to $8.7 million in 2024, then surged by 19028.74% to $1.7 billion in 2025, then slipped 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.