Company: QXO-PB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050298
Chunk: 55

Company: QXO, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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 Investing ActivitiesCapital expenditures(49.8)(0.1)Acquisition of business, net of cash acquired(10,556.5)— Other1.9 — Net cash used in investing activities(10,604.4)(0.1)Financing ActivitiesBorrowings under revolving lines of credit719.7 — Payments under revolving lines of credit(676.8)— Borrowings under term loan2,250.0 — Payments under term loan(1,400.0)— Borrowings under senior notes2,250.0 — Payment of debt issuance costs(114.4)— Payment of other debt— (1.7)Payments under equipment financing facilities and finance leases(18.5)(0.2)Proceeds from issuance of common stock related to equity awards18.5 — Proceeds from issuance of common stock, net of issuance costs4,256.5 — Proceeds from issuance of Mandatory Convertible Preferred Stock, net of issuance costs558.1 — Proceeds from issuance of Convertible Preferred Stock and warrants, net of issuance costs— 981.6 Proceeds from the issuance of common stock and pre-funded warrants, net of issuance costs— 4,051.1 Payment of taxes related to net share settlement of equity awards(0.1)— Payment of common-stock dividend— (17.4)Payment of dividends on Convertible Preferred Stock(67.5)(9.8)Payment of dividends on Mandatory Convertible Preferred Stock(6.9)— Net cash provided by financing activities7,768.6 5,003.6 Effect of exchange rate changes on cash, cash equivalents and restricted cash(0.3)— Net (decrease) increase in cash, cash equivalents and restricted cash(2,761.3)5,034.4 Cash, cash equivalents and restricted cash, beginning of period5,072.0 6.2 Cash, cash equivalents and restricted cash, end of period$2,310.7 $5,040.6 Supplemental Cash Flow InformationCash paid during the period for:Interest$42.4 $0.1 Income taxes, net of refunds$37.2 $— 

See accompanying notes to the unaudited condensed consolidated financial statements.

9

QXO, INC. AND SUBSIDIARIES

Notes to the Condensed