---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-063090"
form_type: "8-K"
ticker: "QXO"
cik: "0001236275"
company_name: "QXO, Inc."
filed_at: "2025-06-26T23:59:59+00:00"
generated_at: "2026-05-18T17:31:56.833568+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# QXO targets $50B revenue, offers $5B for GMS, aims to double Beacon EBITDA

## Summary
- Goal to reach $50B annual revenue within decade via M&A and organic growth; Beacon acquisition provides platform.
- On June 18, 2025, QXO offered $95.20/share (~$5B) to acquire GMS; no assurance deal will close.
- Plan to at least double Beacon's EBITDA organically in five years by expanding margins over 500 bps.
- Management and board own ~36% of QXO; executive equity compensation tied to TSR vs S&P 55th percentile.
- Building products distribution TAM $800B, fragmented, with housing undersupply and infrastructure spending tailwinds.

## SEC filing metadata
- accession: 0001104659-25-063090
- form_type: 8-K
- ticker: QXO
- cik: 0001236275
- company_name: QXO, Inc.
- filed_at: 2025-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1236275/000110465925063090/0001104659-25-063090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1236275/000110465925063090/tm2519196d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-063090
- JSON: https://secwatch.observer/filing/0001104659-25-063090.json
- Plain text: https://secwatch.observer/filing/0001104659-25-063090.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.