Qxo Posts 1,906 Million Revenue in Q2

Qxo (NYSE:QXO), a rapidly transforming distributor of building products, released its second quarter earnings for fiscal 2025 on August 14, 2025. The most notable news was that it recorded Adjusted Diluted EPS (non-GAAP) of $0.11, beating the consensus estimate of $0.04. Revenue (GAAP) reached $1,906.4 million, driven mainly by the Beacon Roofing Supply acquisition, and beat GAAP revenue estimates by $32.7 million. Qxo’s second quarter only included legacy Beacon’s operations from April 29, 2025 through June 30, 2025 after acquiring Beacon, with adjusted EBITDA of $204.6 million. However, Qxo posted a GAAP net loss, reflecting heavy integration costs and significant one-time charges. The period marked a major milestone as Qxo reshaped its business into a scaled building products distributor, exceeding analyst expectations for Adjusted Diluted EPS (non-GAAP). Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Qxo operates as a distributor of building and roofing materials, offering a wide range of products for commercial and residential construction. Its business model was recently transformed by the $10.6 billion acquisition of Beacon Roofing Supply, completed on April 29, 2025, shifting Qxo from a software and subscription-based company to a scaled building materials distributor.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool