QXO Q1 Loss Beats Estimates, Revenue Miss

QXO reported Q1 2026 adjusted loss of $0.12 per share and revenue of $1.73 bn, missing consensus estimates of $0.09 and $1.76 bn.
GAAP net loss widened to $227.1 million ($0.35 per share) while adjusted EBITDA turned positive at $1.2 million versus $9.0 million loss year earlier.
QXO completed a $2.25 billion Kodiak Building Partners acquisition and announced a $17 billion TopBuild deal, aiming for $50 billion annual revenue within ten years.
The company raised $749 million via a 31.6 million‑share stock offering in January 2026, and its shares rose 1% after‑hours despite a 3.8% decline.