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QXO Inc. recently released its financial results for the fourth quarter of 2025, reporting net sales of $2.19 billion, up from $14.8 million in Q4 2024, an over 14,000% increase. Net sales for 2025 ended at $6.8 billion, up from $56.9 million in new sales in 2024.
Adjusted Net Income, a non-GAAP financial measure, was $52.1 million for the three months ended Dec. 31, 2025 and adjusted EBITDA, a non-GAAP financial measure, was $150.3 million for the three months ended Dec. 31, 2025.
Net income for Q4 2025 was a loss of $90.2 million compared to $11.3 million in net income in Q4 2024. Net income for full-year 2025 was a loss of $279.4 million, compared to $28 million in 2024.
“Our fourth quarter results were in line with the pre-announcement we made last month,” says Brad Jacobs, chairman and chief executive officer of QXO. “Operationally, we are executing against our integration plan across the legacy Beacon business, supported by disciplined investments in technology, sales capacity and other high-return, long-term initiatives. On the M&A front, our recently announced $2.25 billion agreement to acquire Kodiak Building Partners triples our total addressable market to more than $200 billion. With Kodiak, we have grown our EBITDA run rate to more than $1 billion in under 10 months. Our acquisition pipeline remains very active, keeping us firmly on track to achieve $50 billion in annual revenue.”
QXO also recently joined the Polymetric Exterior Products Association (PEPA) as a member, the first to join under PEPA’s distribution category.
“QXO’s leadership in distribution and technology makes them an ideal partner as we unlock this new chapter,” says Kate Offringa, president and CEO at PEPA. “We look forward to working alongside QXO and welcoming additional distributors who share our commitment to strengthening the polymetric exterior products industry and driving meaningful progress across the marketplace.”
