secwatch.observer — SEC 8-K summary
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Issuer:     QXO, Inc. (QXO)
CIK:        0001236275
Form:       8-K
Filed at:   2026-05-15T23:41:00+00:00
Accession:  0001104659-26-062862
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QXO files Kodiak FY2025 audited financials; revenue $2.34B, net income $69.5M
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- Kodiak FY2025 revenue $2.34B, operating income $123.8M, net income $69.5M (incl. $70.1M from discontinued ops).
- Kodiak total debt $1.48B, stockholders' deficit $689M, total assets $1.13B as of Dec 31, 2025.
- QXO files unaudited pro forma combined statements for QXO, Beacon, Kodiak, and TopBuild as of March 31, 2026 and FY2025.
- KPMG issues unqualified opinion on Kodiak financials, noting accounting changes for goodwill amortization and lease discount rate.
- TopBuild acquisition (agreed April 20, 2026) remains pending; QXO expects to file S-4 registration statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1236275/000110465926062862/0001104659-26-062862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1236275/000110465926062862/tm2612209d8_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-062862

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