Company: QXO-PB
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040367
Chunk: 52

Company: QXO, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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)$(49.8)$(0.5)Loss per common share - basic and diluted (Note 7)$(0.15)$(9.93)$(0.19)$(9.72)Total weighted-average common shares outstanding:Basic564.7 0.7 508.4 0.7 Diluted564.7 0.7 508.4 0.7 

See accompanying notes to the unaudited condensed consolidated financial statements.

5

QXO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive Loss 

(in millions) 

(Unaudited)

 Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Net loss$(58.5)$(0.6)$(49.8)$(0.5)Other comprehensive loss:Foreign currency translation adjustment(3.1)— (3.1)— Total other comprehensive loss(3.1)— (3.1)— Comprehensive loss$(61.6)$(0.6)$(52.9)$(0.5)

See accompanying notes to the unaudited condensed consolidated financial statements.

6

QXO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Stockholders’ Equity 

(in millions)

(Unaudited)Mandatory Convertible Preferred StockConvertible Preferred StockCommon StockAdditional Paid-in CapitalRetained Earnings (Accumulated Deficit)Accumulated Other Comprehensive Income (Loss)SharesAmountSharesAmountSharesAmountTotalThree Months Ended June 30, 2025Balance as of March 31, 2025— $— 1.0 $498.6 409.4 $— $4,580.7 $(20.0)$— $5,059.3 Issuance of Mandatory Convertible Preferred Stock, net of issuance costs0.6 558.1 — — — — — — — 558.1 Mandatory Convertible Preferred Stock dividend— — — — — — — (3.1)— (3.1)Convertible Preferred Stock dividend— — — — — — — (22.5)— (22.5)Issuance of common stock, net of issuance costs— — — — 254.9 —