Qxo (QXO) Tax Provisions (2013 - 2026)
Qxo's quarterly Tax Provisions came in at -$53.2 million in Q1 2026, down 725.88% year-on-year from $8.5 million in Q1 2025, and down 207.51% quarter-over-quarter from -$17.3 million in Q4 2025.
Qxo has reported Tax Provisions for 14 years, with the latest figure at -$53.2 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 725.88% year-over-year to -$53.2 million; the trailing twelve-month figure through Mar 2026 stood at -$119.4 million (down 481.47% YoY), and the FY2025 full-year result was -$57.7 million, down 353.07% from the prior year.
- Tax Provisions for Q1 2026 stood at -$53.2 million, down from -$17.3 million in the prior quarter.
- The five-year high for Tax Provisions was $128.9 million in Q3 2025, with the low at -$177.8 million in Q2 2025.
- Average Tax Provisions over 5 years is -$5.2 million, with a median of -$7061.0 recorded in 2022.
- Year-over-year, Tax Provisions surged 153736.36% in 2024 and plunged 88800.0% in 2025.
- Tracing QXO's Tax Provisions over 5 years: stood at -$63163.0 in 2022, then soared by 82.58% to -$11000.0 in 2023, then surged by 153736.36% to $16.9 million in 2024, then slumped by 202.37% to -$17.3 million in 2025, then slumped by 207.51% to -$53.2 million in 2026.
- The last three Tax Provisions figures came in at -$53.2 million (Q1 2026), -$17.3 million (Q4 2025), and $128.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 663.00 Mn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -53.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 204.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 92.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 533.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 983.00 Mn |
| 10 | Qxo | 12.41 Bn | 9.36 Bn | 409.30 Mn | -53.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -53.20 Mn |
| Dec 31, 2025 | -17.30 Mn |
| Sep 30, 2025 | 128.90 Mn |
| Jun 30, 2025 | -177.80 Mn |
| Mar 31, 2025 | 8.50 Mn |
| Dec 31, 2024 | 16.90 Mn |
| Sep 30, 2024 | 6.10 Mn |
| Jun 30, 2024 | -200,000.00 |
| Mar 31, 2024 | 70,000.00 |
| Dec 31, 2023 | -11,000.00 |
| Sep 30, 2023 | -456,000.00 |
| Jun 30, 2023 | 95,000.00 |
| Mar 31, 2023 | 74,791.00 |
| Dec 31, 2022 | -63,163.00 |
| Sep 30, 2022 | -7,061.00 |
| Jun 30, 2022 | -15,280.00 |
| Mar 31, 2022 | 2,088.00 |
| Dec 31, 2021 | 3,498.00 |
| Sep 30, 2021 | -68,636.00 |
| Jun 30, 2021 | 66,448.00 |
| Mar 31, 2021 | 128,569.00 |
| Dec 31, 2020 | 558,543.00 |
| Sep 30, 2020 | 31,478.00 |
| Jun 30, 2020 | 11,368.00 |
| Mar 31, 2020 | 173,250.00 |
| Dec 31, 2019 | -455,006.00 |
| Jun 30, 2019 | -79,960.00 |
| Dec 31, 2018 | -281,212.00 |
| Jun 30, 2018 | 7,000.00 |
| Mar 31, 2018 | 2,246.00 |
| Dec 31, 2017 | 1.34 Mn |
| Sep 30, 2017 | 223,482.00 |
| Jun 30, 2017 | 62,642.00 |
| Mar 31, 2017 | 125,878.00 |
| Dec 31, 2016 | 2.27 Mn |
| Sep 30, 2016 | -2.26 Mn |
| Jun 30, 2016 | -81,190.00 |
| Mar 31, 2016 | 51,348.00 |
| Dec 31, 2015 | 153,685.00 |
| Sep 30, 2015 | 17,537.00 |
| Jun 30, 2015 | 26,195.00 |
| Mar 31, 2015 | 24,583.00 |
| Dec 31, 2014 | -196,364.00 |
| Sep 30, 2014 | 197,847.00 |
| Jun 30, 2014 | 58,606.00 |
| Mar 31, 2014 | 70,911.00 |
| Dec 31, 2013 | -120,000.00 |