QXO
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. QXO's past years’ income statements indicate that its last revenue has increased compared to the previous period by 32% to $54,516,941. Profit margin reached -2%. Total operating expenses were $19,111,393.

Profit Margin

QXO Inc (NASDAQ:QXO): Profit margin
2017 34.85M -486.46K -1.4%
2020 41.22M 175.64K 0.43%
2023 54.51M -1.07M -1.96%

QXO Income Statement (2017 – 2023)

2023 2020 2017
Revenue
Revenue
54.51M41.22M34.85M
Cost of revenue
33.73M25.34M21.60M
Gross profit
20.78M15.87M13.24M
Operating exp.
Research and development
000
Selling and marketing
8.85M7.36M0
Total operating expenses
19.11M15.64M12.30M
Operating income
1.67M223.38K939.26K
Other income (expenses), net
-3.04M-347-31.69K
Income before tax
-1.36M223.03K907.56K
Income tax expense
-297.41K47.39K1.39M
Net income
-1.07M175.64K-486.46K
Earnings per share
Basic EPS
-1.630.31-0.87
Diluted EPS
-1.630.31-0.87