Company: QXO-PB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050298
Chunk: 51

Company: QXO, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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Net (loss) income$(139.4)$17.2 $(189.2)$16.7 Loss per common share - basic and diluted (Note 7)$(0.24)$(0.01)$(0.46)$(0.10)Total weighted-average common shares outstanding:Basic715.3 358.8 578.1 120.9 Diluted715.3 358.8 578.1 120.9 

See accompanying notes to the unaudited condensed consolidated financial statements.

5

QXO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive (Loss) Income 

(in millions) 

(Unaudited)

 Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Net (loss) income$(139.4)$17.2 $(189.2)$16.7 Other comprehensive income (loss):Foreign currency translation adjustment3.0 — (0.1)— Total other comprehensive income (loss)3.0 — (0.1)— Comprehensive (loss) income$(136.4)$17.2 $(189.3)$16.7 

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 LossSharesAmountSharesAmountSharesAmountTotalThree Months Ended September 30, 2025Balance as of June 30, 20250.6 $558.1 1.0 $498.6 671.6 $— $8,965.8 $(104.1)$(3.1)$9,915.3 Mandatory Convertible Preferred Stock dividend— — — — — — — (7.9)— (7.9)Convertible Preferred Stock dividend— — — — — — — (22.5)— (22.5)Issuance of common stock, net of issuance costs— — — — 1.7 — 38.1 — — 38.1 Proceeds from