---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-037056"
form_type: "8-K"
ticker: "QXO"
cik: "0001236275"
company_name: "QXO, Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:15:56.406478+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# QXO Q2 revenue up 9.6% YoY to $14.54M but posts net loss $591K; cash rises to ~$5B after placements

## Summary
- Net loss $591K vs income $344K YoY; diluted EPS loss $9.93.
- Adjusted EBITDA loss $1.21M vs positive $705K; higher employee costs cited.
- Cash ~$971M at Q2 end; July private placements boosted cash to ~$5.0B.
- Revenue $14.54M vs $13.26M; software revenue $3.78M, service revenue $10.76M.
- Management plans to pursue accretive acquisitions and organic growth with new senior team.

## SEC filing metadata
- accession: 0001628280-24-037056
- form_type: 8-K
- ticker: QXO
- cik: 0001236275
- company_name: QXO, Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1236275/000162828024037056/0001628280-24-037056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1236275/000162828024037056/qxo-20240814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-037056
- JSON: https://secwatch.observer/filing/0001628280-24-037056.json
- Plain text: https://secwatch.observer/filing/0001628280-24-037056.txt

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