Company: QXO-PB
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040367
Chunk: 92

Company: QXO, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 92
---
 %Amortization79.8 0.2 4.2 %1.4 %80.0 0.4 4.2 %1.4 %Total operating expense563.8 10.1 29.6 %69.7 %608.5 15.6 31.7 %53.8 %Loss from operations(162.1)(4.3)(8.5)%(29.7)%(201.5)(4.1)(10.5)%(14.1)%Interest (expense) income, net(30.2)3.5 (1.6)%24.1 %26.4 3.4 1.4 %11.7 %Loss on debt extinguishment(45.7)— (2.4)%0.0 %(45.7)— (2.4)%0.0 %Other income, net1.7 — 0.1 %0.0 %1.7 — 0.1 %0.0 %Loss before provision for income taxes(236.3)(0.8)(12.4)%(5.5)%(219.1)(0.7)(11.4)%(2.4)%Benefit from income taxes(177.8)(0.2)(9.3)%(1.4)%(169.3)(0.2)(8.8)%(0.7)%Net loss$(58.5)$(0.6)(3.1)%(4.1)%$(49.8)$(0.5)(2.6)%(1.7)%(1) Percent of net sales may not foot due to rounding.

31

Three and Six Months Ended June 30, 2025 Compared with Three and Six Months Ended June 30, 2024

Net Sales

The following table summarizes net sales by line of business for the periods presented:

Three Months Ended June 30,% of net sales(in millions, except percentages)2025202420252024Residential roofing products$929.8 $— 48.7 %0.0 %Non-residential roofing products535.5 — 28.1 %0.0 %Complementary building products426.1 — 22.4 %0.0 %Software products and services15.0