Growth Metrics

Qxo (QXO) Gross Margin (2016 - 2025)

Qxo has reported Gross Margin over the past 16 years, most recently at 24.15% for Q4 2025.

  • Quarterly results put Gross Margin at 24.15% for Q4 2025, down 1707.0% from a year ago — trailing twelve months through Dec 2025 was 22.99% (down 1758.0% YoY), and the annual figure for FY2025 was 22.99%, down 1761.0%.
  • Gross Margin for Q4 2025 was 24.15% at Qxo, up from 23.3% in the prior quarter.
  • Over the last five years, Gross Margin for QXO hit a ceiling of 43.63% in Q1 2021 and a floor of 21.07% in Q2 2025.
  • Median Gross Margin over the past 5 years was 39.87% (2023), compared with a mean of 37.71%.
  • Biggest five-year swings in Gross Margin: soared 541bps in 2021 and later crashed -1893bps in 2025.
  • Qxo's Gross Margin stood at 40.56% in 2021, then decreased by -7bps to 37.88% in 2022, then increased by 3bps to 38.89% in 2023, then rose by 6bps to 41.22% in 2024, then tumbled by -41bps to 24.15% in 2025.
  • The last three reported values for Gross Margin were 24.15% (Q4 2025), 23.3% (Q3 2025), and 21.07% (Q2 2025) per Business Quant data.