Qxo (QXO) Operating Leases (2019 - 2026)

Qxo (QXO) recorded quarterly Operating Leases of $664.5 million in Q1 2026, up 18.28% quarter-over-quarter from $561.8 million in Q4 2025, and up 132800.0% on a YoY basis from N/an in Q1 2025.

Qxo (QXO) Operating Leases (2019 - 2026) Analysis & Trends

Qxo's Operating Leases history runs 8 years deep, the most recent figure standing at $664.5 million for Q1 2026.

  • In Q1 2026, Operating Leases rose 132800.0% year-over-year to $664.5 million; the TTM figure through Mar 2026 stood at $664.5 million (up 132800.0% YoY), while the FY2025 annual figure was $561.8 million, up 561700.0% from the prior year.
  • Operating Leases was $664.5 million for Q1 2026 at Qxo, up from $561.8 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $679.8 million in Q2 2025 to a low of $60217.0 in Q4 2022.
  • Historically, Operating Leases has averaged $145.6 million across 5 years, with a median of $259000.0 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases slumped 87.94% in 2022, then soared 561700.0% in 2025.
  • A 5-year view of Operating Leases shows it stood at $60217.0 in 2022, then jumped by 330.11% to $259000.0 in 2023, then plunged by 61.39% to $100000.0 in 2024, then jumped by 561700.0% to $561.8 million in 2025, then grew by 18.28% to $664.5 million in 2026.
  • The last three Operating Leases figures came in at $664.5 million (Q1 2026), $561.8 million (Q4 2025), and $564.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 W.W. Grainger 62.94 Bn 62.76 Bn 1.75 Bn
2 Fastenal 53.43 Bn 53.12 Bn 982.90 Mn
3 Ferguson Enterprises 44.77 Bn 43.95 Bn 2.32 Bn
4 Wesco International 16.87 Bn 16.17 Bn 1.29 Bn
5 Watsco 14.40 Bn 14.26 Bn 427.56 Mn
6 Qxo 12.38 Bn 9.33 Bn 409.30 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
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
DateValue
Mar 31, 2026 664.50 Mn
Dec 31, 2025 561.80 Mn
Sep 30, 2025 564.90 Mn
Jun 30, 2025 679.80 Mn
Mar 31, 2025 500,000.00
Dec 31, 2024 100,000.00
Sep 30, 2024 115,000.00
Jun 30, 2024 164,000.00
Mar 31, 2024 212,006.00
Dec 31, 2023 259,000.00
Sep 30, 2023 130,439.00
Jun 30, 2023 162,303.00
Mar 31, 2023 445,755.00
Dec 31, 2022 60,217.00
Sep 30, 2022 419,757.00
Jun 30, 2022 188,592.00
Mar 31, 2022 604,222.00
Dec 31, 2021 499,177.00
Sep 30, 2021 607,609.00
Jun 30, 2021 1.24 Mn