QXO profit margin QXO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- −5.2%
- Operating margin, 12 months
- −3.4%
- Net margin on a year earlier
- −4.1 pts
- Peer median
- 5.7%
Over the twelve months to Jun 30, 2026, QXO kept −5.2% of its revenue as net profit, with an operating margin of −3.4% and a gross margin of 24.0%.
Five years earlier its net margin was 2.2%.
The median for 10 industrial distribution stocks of a similar size is 5.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −4.1% | −3.6% | 23.0% |
| FY2024 | 49.3% | n/a | 40.6% |
| FY2023 | −2.0% | −2.4% | 39.6% |
| FY2022 | −0.6% | −0.9% | 39.9% |
| FY2021 | −0.3% | −0.6% | 41.3% |
| FY2020 | 0.4% | 0.5% | 40.2% |
| FY2019 | 17.6% | −5.0% | 38.1% |
| FY2018 | 0.7% | −0.8% | 38.8% |
| FY2017 | −1.4% | 2.7% | 39.8% |
| FY2016 | 10.1% | 3.7% | 37.3% |
| FY2015 | 1.4% | 1.3% | 39.2% |
| FY2014 | 0.9% | 2.2% | 39.9% |
| FY2013 | 1.9% | 1.5% | 38.8% |
| FY2012 | −9.4% | −8.9% | 40.5% |
| FY2011 | 24.9% | 2.5% | 42.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −5.2% | −4.1 pts | −3.4% | |
| Q1 FY26 | −6.0% | −71.6 pts | −5.4% | |
| Q4 FY25 | −4.1% | −53.4 pts | −3.6% | |
| Q3 FY25 | −3.8% | −34.0 pts | −4.5% | |
| Q2 FY25 | −1.1% | +2.7 pts | −13.8% | |
| Q1 FY25 | 65.6% | +67.7 pts | n/a | |
| Q4 FY24 | 49.3% | +51.3 pts | n/a | |
| Q3 FY24 | 30.2% | +33.1 pts | −65.8% | |
| Q2 FY24 | −3.8% | −4.7 pts | −10.9% | |
| Q1 FY24 | −2.2% | −2.2 pts | −2.6% | |
| Q4 FY23 | −2.0% | −1.3 pts | −2.4% | |
| Q3 FY23 | −2.9% | −1.4 pts | −3.6% |
Against its peers
Companies in Industrial - Distribution nearest QXO's size, closest first, today.
| Company | Profit margin |
|---|---|
| QXOQXO | −5.2% |
| AITApplied Industrial Technologies | 8.3% |
| WSOWatsco | 6.5% |
| CNMCore & Main | 6.0% |
| WCCWESCO International | 2.8% |
| POOLPool | 7.4% |
| MSMMSC Industrial Direct | 5.9% |
| SITESiteOne Landscape Supply | 3.5% |
| LKQLKQ | 3.4% |
| BCCBOISE CASCADE | 1.6% |
| REZIResideo Technologies | 5.6% |
| Peer median | 5.7% |
Where QXO ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on QXO
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.