Qxo (QXO) Tax Rate (2013 - 2026)
Qxo's quarterly Tax Rate came in at 18.98% in Q1 2026, down 3015.0% year-on-year from 0.65% in Q1 2025, and up 17.94% quarter-over-quarter from 16.09% in Q4 2025.
Qxo has reported Tax Rate for 14 years, with the latest figure at 18.98% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3015.0% year-over-year to 18.98%; the trailing twelve-month figure through Mar 2026 stood at 18.82% (down 2721.0% YoY), and the FY2025 full-year result was 17.12%, down 2777.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.98%, up from 16.09% in the prior quarter.
- The five-year high for Tax Rate was 75.24% in Q2 2025, with the low at 1227.62% in Q3 2025.
- Average Tax Rate over 5 years is 48.12%, with a median of 21.23% recorded in 2023.
- Year-over-year, Tax Rate soared 6263 bps in 2024 and plunged 125380 bps in 2025.
- Tracing QXO's Tax Rate over 5 years: stood at 32.98% in 2022, then slumped by 108 bps to 2.7% in 2023, then surged by 2323 bps to 59.93% in 2024, then slumped by 73 bps to 16.09% in 2025, then increased by 18 bps to 18.98% in 2026.
- The last three Tax Rate figures came in at 18.98% (Q1 2026), 16.09% (Q4 2025), and 1227.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Qxo | 12.41 Bn | 9.36 Bn | 409.30 Mn | 18.98 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.98 |
| Mar 31, 2026 | 18.98 |
| Dec 31, 2025 | 16.09 |
| Dec 31, 2025 | 16.09 |
| Sep 30, 2025 | -1,227.62 |
| Sep 30, 2025 | -1,227.62 |
| Jun 30, 2025 | 75.24 |
| Jun 30, 2025 | 75.24 |
| Mar 31, 2025 | 49.13 |
| Mar 31, 2025 | 49.13 |
| Dec 31, 2024 | 59.93 |
| Dec 31, 2024 | 59.93 |
| Sep 30, 2024 | 26.18 |
| Sep 30, 2024 | 26.18 |
| Jun 30, 2024 | 25.00 |
| Jun 30, 2024 | 25.00 |
| Mar 31, 2024 | 33.65 |
| Mar 31, 2024 | 33.65 |
| Dec 31, 2023 | -2.70 |
| Dec 31, 2023 | -2.70 |
| Sep 30, 2023 | 17.77 |
| Sep 30, 2023 | 17.77 |
| Jun 30, 2023 | 21.64 |
| Jun 30, 2023 | 21.64 |
| Mar 31, 2023 | 21.23 |
| Mar 31, 2023 | 21.23 |
| Dec 31, 2022 | 32.98 |
| Dec 31, 2022 | 32.98 |
| Sep 30, 2022 | 5.00 |
| Sep 30, 2022 | 5.00 |
| Jun 30, 2022 | 14.83 |
| Jun 30, 2022 | 14.83 |
| Mar 31, 2022 | -5.41 |
| Mar 31, 2022 | -5.41 |
| Dec 31, 2021 | -1.07 |
| Dec 31, 2021 | -1.07 |
| Sep 30, 2021 | 22.24 |
| Sep 30, 2021 | 22.24 |
| Jun 30, 2021 | 33.78 |
| Jun 30, 2021 | 33.78 |
| Mar 31, 2021 | 26.61 |
| Mar 31, 2021 | 26.61 |
| Dec 31, 2020 | 118.00 |
| Dec 31, 2020 | 118.00 |
| Sep 30, 2020 | 36.31 |
| Sep 30, 2020 | 36.31 |
| Jun 30, 2020 | 25.33 |
| Jun 30, 2020 | 25.33 |
| Mar 31, 2020 | -45.37 |
| Mar 31, 2020 | -45.37 |
| Dec 31, 2019 | 121.25 |
| Dec 31, 2019 | 121.25 |
| Jun 30, 2019 | 21.00 |
| Jun 30, 2019 | 21.00 |
| Dec 31, 2018 | 88.80 |
| Dec 31, 2018 | 88.80 |
| Jun 30, 2018 | 28.90 |
| Jun 30, 2018 | 28.90 |
| Mar 31, 2018 | 2.75 |
| Mar 31, 2018 | 2.75 |
| Dec 31, 2017 | -1,383.94 |
| Dec 31, 2017 | -1,383.94 |
| Sep 30, 2017 | 41.29 |
| Sep 30, 2017 | 41.29 |
| Jun 30, 2017 | 34.21 |
| Jun 30, 2017 | 34.21 |
| Mar 31, 2017 | 45.00 |
| Mar 31, 2017 | 45.00 |
| Dec 31, 2016 | 1,859.87 |
| Dec 31, 2016 | 1,859.87 |
| Sep 30, 2016 | -462.24 |
| Sep 30, 2016 | -462.24 |
| Jun 30, 2016 | -17.43 |
| Jun 30, 2016 | -17.43 |
| Mar 31, 2016 | 38.00 |
| Mar 31, 2016 | 38.00 |
| Dec 31, 2015 | -71.07 |
| Dec 31, 2015 | -71.07 |
| Sep 30, 2015 | 51.58 |
| Sep 30, 2015 | 51.58 |
| Jun 30, 2015 | 37.00 |
| Jun 30, 2015 | 37.00 |
| Mar 31, 2015 | 4.50 |
| Mar 31, 2015 | 4.50 |
| Dec 31, 2014 | 56.87 |
| Dec 31, 2014 | 56.87 |
| Sep 30, 2014 | 44.36 |
| Sep 30, 2014 | 44.36 |
| Jun 30, 2014 | 49.46 |
| Jun 30, 2014 | 49.46 |
| Mar 31, 2014 | 37.00 |
| Mar 31, 2014 | 37.00 |
| Dec 31, 2013 | -112.10 |
| Dec 31, 2013 | -112.10 |