Company: QXO-PB
Filing Date: 2025-05-22
Form Type: 424B5
Source: 0001104659-25-052059
Chunk: 38

Company: QXO, Inc.
Filing Date: 2025-05-22
Form: 424B5
Chunk 38
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 ​                       | ​ |  31.0 | ​ | ​    | ​ | ​ | ​ |  28.0 | ​ | ​    | ​ | ​ | ​ |  27.6 | ​ | ​ |
| Acquisition costs             | ​    | ​ | ​                           | ​ |   0.9 | ​ | ​    | ​ | ​ | ​ |   3.0 | ​ | ​    | ​ | ​                       | ​ |  12.0 | ​ | ​    | ​ | ​ | ​ |   6.9 | ​ | ​    | ​ | ​ | ​ |   6.3 | ​ | ​ |
| Restructuring costs           | ​    | ​ | ​                           | ​ |  38.8 | ​ | ​    | ​ | ​ | ​ |   2.9 | ​ | ​    | ​ | ​                       | ​ |  17.0 | ​ | ​    | ​ | ​ | ​ |   0.5 | ​ | ​    | ​ | ​ | ​ |   8.9 | ​ | ​ |
| COVID-19 impacts              | ​    | ​ | ​                           | ​ |     — | ​ | ​    | ​ | ​ | ​ |     — | ​ | ​    | ​ | ​                       | ​ |     — | ​ | ​    | ​ | ​ | ​ |     — | ​ | ​    | ​ | ​ | ​ |   2.0 | ​ | ​ |
| Adjusted EBITDA               | ​    | ​ | ​                           | $ |  82.2 | ​ | ​    | ​ | ​ | $ | 103.1 | ​ | ​    | ​ | ​                       | $ | 930.2 | ​ | ​    | ​ | ​ | $ | 929.6 | ​ | ​    | ​ | ​ | $ | 910.0 | ​ | ​ |

S-20

TABLE OF CONTENTS

### RISK FACTORS
An investment in the Depositary Shares involves significant risks. This prospectus supplement does not describe all of the risks of an investment in the Depositary Shares. You should carefully consider the risks described below, as well as the other information we have provided in this prospectus supplement, the accompanying prospectus and the documents incorporated by reference before you decide to invest in the Depositary Shares. The risks described are not