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QXO delivers record revenue of $3.25 billion
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QXO delivers record revenue of $3.25 billion

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  • QXO (NYSE:QXO) reported record Q2 2026 net sales of $3.25 billion, including $595 million from Kodiak Building Partners.
  • The company reported adjusted diluted EPS of $0.08, adjusted EBITDA of $272 million, and adjusted net income of $130 million.
  • QXO completed its TopBuild acquisition and reaffirmed long-term revenue and EBITDA growth targets.

QXO (NYSE:QXO) reported second-quarter 2026 net sales of $3.25 billion, a record quarterly result that included $595 million from Kodiak Building Partners, with adjusted diluted earnings per share of $0.08.

The company reported a net loss of $55 million for the quarter, while adjusted net income reached $130 million and adjusted EBITDA totaled $272 million.

The quarter included contributions from Kodiak Building Partners, while QXO completed its acquisition of TopBuild on July 1, 2026, which the company stated expands its position in the North American building products distribution sector.

QXO reaffirmed its long-term targets of reaching more than $50 billion in annual revenue within the decade and more than doubling EBITDA by 2030, according to company plans.

QXO operates as a building products distributor, providing materials and related services to customers across construction and related markets.

The company continues to pursue growth through acquisitions, including Kodiak Building Partners and TopBuild, as part of its strategy to expand distribution operations.

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