Qxo (QXO) Other Working Capital Changes (2010 - 2026)
Qxo's Other Working Capital Changes came in at $44.4 million for Q2 2026, up 119.8% from $20.2 million a year earlier and up 73.4% from the prior quarter.
Qxo (QXO) Other Working Capital Changes (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Qxo reported Other Working Capital Changes of $116.7 million, up 283.9% year-over-year; for FY2025, it was $67.7 million, up 454.9% from FY2024.
- Going back by year, Other Working Capital Changes was $12.2 million in FY2024, -$618,000 in FY2023, $1.21 million in FY2022 (+53.9%) and $784,908 in FY2021.
- The Q2 2026 figure represents the highest quarterly Other Working Capital Changes in data going back to Q3 2010.
- Year-over-year, Other Working Capital Changes increased in five of the last six quarters, with growth averaging 324.0%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in Q2 2025 (growth of 963.2%), and the weakest in Q1 2022 (a decline of 43.6%).
- Business Quant data shows QXO's Other Working Capital Changes at $25.6 million (Q1 2026), $11.2 million (Q4 2025) and $35.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn |
| 10 | Qxo | 2.38 Bn | -8.10 Bn | 803.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.40 Mn |
| Mar 31, 2026 | 25.60 Mn |
| Dec 31, 2025 | 11.20 Mn |
| Sep 30, 2025 | 35.50 Mn |
| Jun 30, 2025 | 20.20 Mn |
| Mar 31, 2025 | 800,000.00 |
| Dec 31, 2024 | 2.10 Mn |
| Sep 30, 2024 | 7.30 Mn |
| Jun 30, 2024 | 1.90 Mn |
| Mar 31, 2024 | 900,000.00 |
| Dec 31, 2023 | 1.38 Mn |
| Sep 30, 2023 | -2.61 Mn |
| Jun 30, 2023 | 391,516.00 |
| Mar 31, 2023 | 219,484.00 |
| Dec 31, 2022 | 626,808.00 |
| Sep 30, 2022 | 353,364.00 |
| Jun 30, 2022 | -74,477.00 |
| Mar 31, 2022 | 302,141.00 |
| Dec 31, 2021 | 455,938.00 |
| Sep 30, 2021 | -789,627.00 |
Qxo Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=QXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "QXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();