Qxo (QXO) Operating Expenses (2010 - 2026)
Qxo's quarterly Operating Expenses came in at $661.2 million in Q1 2026, up 1379.19% year-on-year from $44.7 million in Q1 2025, and up 10.31% quarter-over-quarter from $599.4 million in Q4 2025.
Qxo has reported Operating Expenses for 17 years, with the latest figure at $661.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1379.19% year-over-year to $661.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 1726.26% YoY), and the FY2025 full-year result was $1.8 billion, up 1831.88% from the prior year.
- Operating Expenses for Q1 2026 stood at $661.2 million, up from $599.4 million in the prior quarter.
- The five-year high for Operating Expenses was $661.2 million in Q1 2026, with the low at $4.2 million in Q2 2022.
- Average Operating Expenses over 5 years is $153.8 million, with a median of $7.9 million recorded in 2023.
- Year-over-year, Operating Expenses declined 0.42% in 2022 and jumped 5482.18% in 2025.
- Tracing QXO's Operating Expenses over 5 years: stood at $4.9 million in 2022, then increased by 8.83% to $5.3 million in 2023, then surged by 641.65% to $39.3 million in 2024, then surged by 1425.19% to $599.4 million in 2025, then rose by 10.31% to $661.2 million in 2026.
- The last three Operating Expenses figures came in at $661.2 million (Q1 2026), $599.4 million (Q4 2025), and $610.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Qxo | 12.41 Bn | 9.36 Bn | 409.30 Mn | 661.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 661.20 Mn |
| Dec 31, 2025 | 599.40 Mn |
| Sep 30, 2025 | 610.00 Mn |
| Jun 30, 2025 | 563.80 Mn |
| Mar 31, 2025 | 44.70 Mn |
| Dec 31, 2024 | 39.30 Mn |
| Sep 30, 2024 | 39.20 Mn |
| Jun 30, 2024 | 10.10 Mn |
| Mar 31, 2024 | 5.43 Mn |
| Dec 31, 2023 | 5.30 Mn |
| Sep 30, 2023 | 7.91 Mn |
| Jun 30, 2023 | 4.73 Mn |
| Mar 31, 2023 | 4.99 Mn |
| Dec 31, 2022 | 4.87 Mn |
| Sep 30, 2022 | 4.55 Mn |
| Jun 30, 2022 | 4.21 Mn |
| Mar 31, 2022 | 4.72 Mn |
| Dec 31, 2021 | 4.89 Mn |
| Sep 30, 2021 | 4.23 Mn |
| Jun 30, 2021 | 4.07 Mn |
| Mar 31, 2021 | 4.25 Mn |
| Dec 31, 2020 | 4.26 Mn |
| Sep 30, 2020 | 3.96 Mn |
| Jun 30, 2020 | 3.89 Mn |
| Mar 31, 2020 | 4.25 Mn |
| Dec 31, 2019 | 4.12 Mn |
| Sep 30, 2019 | 4.65 Mn |
| Jun 30, 2019 | 3.83 Mn |
| Mar 31, 2019 | 3.98 Mn |
| Dec 31, 2018 | 3.99 Mn |
| Sep 30, 2018 | 3.93 Mn |
| Jun 30, 2018 | 3.99 Mn |
| Mar 31, 2018 | 3.85 Mn |
| Dec 31, 2017 | 3.38 Mn |
| Sep 30, 2017 | 3.24 Mn |
| Jun 30, 2017 | 3.21 Mn |
| Mar 31, 2017 | 3.10 Mn |
| Dec 31, 2016 | 2.76 Mn |
| Sep 30, 2016 | 3.05 Mn |
| Jun 30, 2016 | 2.86 Mn |
| Mar 31, 2016 | 2.79 Mn |
| Dec 31, 2015 | 3.06 Mn |
| Sep 30, 2015 | 2.86 Mn |
| Jun 30, 2015 | 2.33 Mn |
| Mar 31, 2015 | 2.24 Mn |
| Dec 31, 2014 | 1.99 Mn |
| Sep 30, 2014 | 2.09 Mn |
| Jun 30, 2014 | 2.12 Mn |
| Mar 31, 2014 | 1.90 Mn |
| Dec 31, 2013 | 1.77 Mn |
| Sep 30, 2013 | 1.69 Mn |
| Jun 30, 2013 | 1.53 Mn |
| Mar 31, 2013 | 1.50 Mn |
| Dec 31, 2012 | 1.76 Mn |
| Sep 30, 2012 | 1.27 Mn |
| Jun 30, 2012 | 606,621.00 |
| Mar 31, 2012 | 616,000.00 |
| Dec 31, 2011 | -751,878.00 |
| Sep 30, 2011 | 1.00 Mn |
| Jun 30, 2011 | 1.08 Mn |
| Mar 31, 2011 | 967,167.00 |
| Dec 31, 2010 | 701,188.00 |
| Sep 30, 2010 | 941,122.00 |
| Jun 30, 2010 | 508,204.00 |