QXO Inc SEC Filings

QXO, Inc. filed its quarterly report showing the first full quarter reflecting the Beacon Roofing Supply acquisition (closed April 29, 2025). Q3 net sales were $2,728.3 million, up sharply with the new distribution operations, while the company reported a net loss of $139.4 million (loss per share $0.24), driven by higher interest, amortization and a sizable tax provision.

For the nine months, net sales were $4,648.1 million with a net loss of $189.2 million. The balance sheet reflects the larger platform: total assets $16,642.9 million, stockholders’ equity $9,821.9 million, cash and cash equivalents $2,306.9 million, borrowings under revolving lines of credit $43.0 million and long‑term debt, net $3,052.9 million. As of October 30, 2025, shares outstanding were 674,392,035.

QXO issued 5.50% Series B Mandatory Convertible Preferred (net proceeds $558.1 million) and completed multiple common stock offerings earlier in 2025. The company recorded restructuring charges of $9.8 million in Q3 and $82.6 million year‑to‑date to streamline the combined organization.

QXO, Inc. reported that it issued a press release announcing results for the fiscal quarter ended September 30, 2025, and furnished it as Exhibit 99.1 in a Form 8-K.

The company noted the information under Item 2.02, including Exhibit 99.1, is furnished and not filed under the Exchange Act. QXO’s common stock trades on the NYSE under QXO; its depositary shares for 5.50% Series B Mandatory Convertible Preferred Stock trade as QXO.PRB.

QXO, Inc. amended and restated its term loan credit agreement through an Incremental Assumption and Amendment Agreement No. 1. The change reduces the applicable margin on the Borrower’s existing $850.0 million senior secured Term Loan B facility. For term SOFR borrowings, the margin decreases from 3.00% to 2.00%, and for base rate borrowings, from 2.00% to 1.00%.

The amendment was executed by subsidiaries Queen HoldCo, LLC and QXO Building Products, Inc., with Goldman Sachs Bank USA as administrative agent. Lower stated margins can reduce interest expense on the facility when drawn, improving financing costs under the amended and restated credit agreement.

QXO Inc: The Vanguard Group filed Amendment No. 2 to Schedule 13G reporting beneficial ownership of 55,323,743 shares of QXO common stock, representing 8.21% of the class as of 09/30/2025. Vanguard reports no sole voting power, shared voting power over 3,060,014 shares, sole dispositive power over 51,581,317 shares, and shared dispositive power over 3,742,426 shares.

Vanguard files as an investment adviser and states the securities are held in the ordinary course of business. Its clients have rights to dividends and sale proceeds, and no single other person’s interest exceeds 5%.

QXO, Inc. announced the launch of a refinancing of its Term Loan B and furnished preliminary financial results for the third quarter ended September 30, 2025. The refinancing is stated to be subject to market and other conditions.

The company provided these updates via a press release furnished as Exhibit 99.1. The information in the press release is furnished, not filed, and is not incorporated by reference unless specifically stated.

MFN Partners and related entities report holding 42,304,350 shares of QXO, Inc. common stock, representing 6.3% of the outstanding class. The position is held directly by MFN Partners, LP and is reported across six related reporting persons including MFN Partners GP, MFN Partners Management and two individuals, Michael F. DeMichele and Farhad Nanji. Percentage ownership is calculated on 673,556,656 shares outstanding as of August 7, 2025. The filing states the shares were not acquired to change or influence control of the issuer and disclaims beneficial ownership except to the extent of each filer’s pecuniary interest.