Qxo (QXO) Deferred Taxes (2013 - 2026)
Qxo (QXO) recorded quarterly Deferred Taxes of -$53.3 million in Q1 2026, up 37.51% quarter-over-quarter from -$85.3 million in Q4 2025.
Qxo (QXO) Deferred Taxes (2013 - 2026) Analysis & Trends
Qxo's Deferred Taxes history runs 14 years deep, the most recent figure standing at -$53.3 million for Q1 2026.
- In Q1 2026, Deferred Taxes changed N/A year-over-year to -$53.3 million; the TTM figure through Mar 2026 stood at -$113.9 million (down 9635.04% YoY), while the FY2025 annual figure was -$60.6 million, down 5409.09% from the prior year.
- Deferred Taxes was -$53.3 million for Q1 2026 at Qxo, up from -$85.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $21.9 million in Q2 2025 to a low of -$85.3 million in Q4 2025.
- Historically, Deferred Taxes has averaged -$7.2 million across 5 years, with a median of -$10266.0 in 2022.
- Biggest YoY gain for Deferred Taxes was 8211.11% in 2025; the steepest drop was 7654.55% in 2025.
- A 5-year view of Deferred Taxes shows it stood at $120359.0 in 2022, then slumped by 184.75% to -$102000.0 in 2023, then tumbled by 978.43% to -$1.1 million in 2024, then sank by 7654.55% to -$85.3 million in 2025, then surged by 37.51% to -$53.3 million in 2026.
- The last three Deferred Taxes figures came in at -$53.3 million (Q1 2026), -$85.3 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.94 Bn | 62.76 Bn | 1.75 Bn | -21.00 Mn |
| 2 | Fastenal | 53.43 Bn | 53.12 Bn | 982.90 Mn | -1.80 Mn |
| 3 | Ferguson Enterprises | 44.77 Bn | 43.95 Bn | 2.32 Bn | -38.00 Mn |
| 4 | Wesco International | 16.87 Bn | 16.17 Bn | 1.29 Bn | 27.50 Mn |
| 5 | Watsco | 14.40 Bn | 14.26 Bn | 427.56 Mn | - |
| 6 | Qxo | 12.38 Bn | 9.33 Bn | 409.30 Mn | -53.30 Mn |
| 7 | Applied Industrial Technologies | 11.89 Bn | 11.72 Bn | 380.80 Mn | - |
| 8 | Core & Main | 9.06 Bn | 8.99 Bn | 520.00 Mn | -6.00 Mn |
| 9 | Pool | 7.12 Bn | 7.04 Bn | 329.87 Mn | - |
| 10 | Msc Industrial Direct | 6.50 Bn | 6.45 Bn | 377.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -53.30 Mn |
| Dec 31, 2025 | -85.30 Mn |
| Sep 30, 2025 | 2.80 Mn |
| Jun 30, 2025 | 21.90 Mn |
| Dec 31, 2024 | -1.10 Mn |
| Sep 30, 2024 | 200,000.00 |
| Jun 30, 2024 | -270,000.00 |
| Mar 31, 2024 | 70,000.00 |
| Dec 31, 2023 | -102,000.00 |
| Sep 30, 2023 | -456,000.00 |
| Jun 30, 2023 | 301,579.00 |
| Mar 31, 2023 | -81,579.00 |
| Dec 31, 2022 | 120,359.00 |
| Sep 30, 2022 | -18,444.00 |
| Jun 30, 2022 | 15,280.00 |
| Mar 31, 2022 | -2,088.00 |
| Dec 31, 2021 | 94,119.00 |
| Sep 30, 2021 | 68,922.00 |
| Jun 30, 2021 | -82,698.00 |
| Mar 31, 2021 | -128,469.00 |