Qxo (QXO) Tax Provisions (2013 - 2026)
Qxo (QXO) posted quarterly Tax Provisions of -$53.2 million for Q1 2026, down 725.88% year-over-year from $8.5 million in Q1 2025, and down 207.51% quarter-over-quarter from -$17.3 million in Q4 2025.
Qxo (QXO) Tax Provisions (2013 - 2026) Analysis & Trends
Qxo's Tax Provisions history runs 14 years deep, the most recent figure standing at -$53.2 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 725.88% year-over-year to -$53.2 million; the TTM figure through Mar 2026 stood at -$119.4 million (down 481.47% YoY), while the FY2025 annual figure 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.
- The 5-year median for Tax Provisions is -$7061.0 (2022), against an average of -$5.2 million.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions surged 153736.36% in 2024, then tumbled 88800.0% in 2025.
- Qxo's Tax Provisions stood at -$63163.0 in 2022, then jumped by 82.58% to -$11000.0 in 2023, then soared 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.
- Business Quant data shows QXO's Tax Provisions at -$53.2 million in Q1 2026, -$17.3 million in Q4 2025, and $128.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 198.00 Mn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 119.30 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 62.40 Mn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 35.36 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 50.57 Mn |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 37.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 65.35 Mn |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 25.54 Mn |
| 10 | Qxo | 3.02 Bn | -22.03 Mn | 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 | 51,624.00 |
| Sep 30, 2021 | -68,636.00 |
| Jun 30, 2021 | 66,448.00 |