secwatch.observer — SEC 8-K summary
======================================

Issuer:     QXO, Inc. (QXO)
CIK:        0001236275
Form:       8-K
Filed at:   2026-05-12T20:16:23+00:00
Accession:  0001628280-26-034120
Event type: earnings
Sentiment:  neutral
Materiality: 0.95
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QXO Q1 revenue $1.73B vs $13.5M year ago; net loss $227.1M
----------------------------------------------------------

- Net sales $1,730.2M (Q1 2026) vs $13.5M (Q1 2025); net loss $227.1M vs income $8.8M.
- Basic and diluted loss per common share $(0.35); adjusted diluted loss per share $(0.12).
- Adjusted EBITDA $1.2M vs $(9.0M) prior year; adjusted EBITDA margin 0.1%.
- Net margin -13.1% vs 65.2% in Q1 2025, reflecting shift to large-scale operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1236275/000162828026034120/0001628280-26-034120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1236275/000162828026034120/qxo-20260512.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-034120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer