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QXO, Inc. (QXO) SEC Filings

QXO NYSE

The QXO, Inc. (NYSE: QXO) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures, including 8-K current reports, annual reports on Form 10-K, quarterly reports on Form 10-Q and other documents filed with the U.S. Securities and Exchange Commission. QXO is an industrial distribution company that identifies itself as the largest publicly traded distributor of roofing, waterproofing and complementary building products in North America, and its filings offer detailed information about this business and its capital structure.

Through QXO’s 10-K and 10-Q filings, investors can review discussions of its building products distribution operations, risk factors, management’s analysis, and both GAAP and non-GAAP financial measures such as Adjusted Gross Profit, Adjusted Net Income, Adjusted Diluted EPS and Adjusted EBITDA. These reports also describe how the company calculates these non-GAAP metrics and how management uses them in financial, operating and planning decisions.

QXO’s Form 8-K filings document material events, including financing transactions, credit agreement amendments, earnings releases and investment agreements. For example, recent 8-Ks describe an Investment Agreement for Series C Convertible Perpetual Preferred Stock, with commitments up to $3.0 billion led by funds managed by affiliates of Apollo Global Management, Inc. and other investors, as well as amendments to term loan facilities. These filings outline terms such as dividend rates, conversion prices, ranking of securities, voting rights, standstill provisions and transfer restrictions.

Investors can also track information related to preferred stock and capital structure, including Series B Mandatory Convertible Preferred Stock and Series C Convertible Perpetual Preferred Stock, as well as the listing of QXO common stock and preferred depositary shares on the New York Stock Exchange. Stock Titan enhances these filings with AI-powered summaries that explain key provisions, highlight important changes and help users interpret complex capital markets and acquisition-related disclosures, while maintaining a direct link to the underlying SEC documents for full detail.

Rhea-AI Summary

QXO, Inc. was the issuer in an amended ownership report by investment adviser Baillie Gifford & Co, which reported beneficial ownership of 46,531,715 QXO common shares, equal to 4.49% of the class, as of September 30, 2026.

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QXO, Inc. President and COO Kenneth J. West had 218,531 restricted stock units vest and settle on October 15, 2026, resulting in 218,531 common shares. QXO withheld 99,256 shares to fund tax liability attributable to the RSUs; those shares were reported at $10.33 per share. No shares were sold, and there were no related discretionary transactions or open-market sales. West received the RSU grant on September 15, 2026.

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QXO, Inc. Chief Technology Officer Valeri Liborski was granted 89,928 restricted stock units on October 8, 2026. The units are scheduled to vest on December 15, 2031, generally subject to continued employment through that date.

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QXO, Inc. (symbol: QXO) is the issuer of record for a Form 4 filing submitted to the SEC. West Kenneth J reported acquisition or exercise transactions in this Form 4 filing.

QXO, Inc. (QXO) reported that President and COO Kenneth J. West received several equity awards on September 15, 2026. He was granted 75,857 RSUs that vest 15% on September 15, 2027, 25% on September 15, 2028, 25% on September 15, 2029, and 35% on September 15, 2030, each RSU settling into one share of Common Stock. He also received 480,769 RSUs vesting 50% on September 15, 2028 and 50% on September 15, 2030, and 218,531 RSUs vesting on October 15, 2026, in each case generally subject to continued employment. In addition, he was granted 75,857 performance stock units, each representing one share of Common Stock, that may vest based on QXO’s total shareholder return over a performance period ending December 31, 2030 relative to the S&P500 Index, with vesting capped at 225% of the target number of units.

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QXO, Inc. (QXO) reported an initial statement of beneficial ownership for Kenneth J. West, who serves as President and Chief Operating Officer. The filing does not list any equity holdings or transactions for him at this time and references an attached Power of Attorney authorizing the filing.

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QXO, Inc. (QXO) announced that Ken West has been appointed President and Chief Operating Officer, effective September 1, 2026, reporting to CEO Brad Jacobs and overseeing day-to-day operations. West has more than 20 years of experience leading large industrial businesses at Honeywell and PPG Industries.

Under an offer letter, West will receive a base salary of $850,000 and an initial annual target bonus equal to 125% of base salary. On or about September 15, 2026, subject to board committee approval, he is expected to receive annual long-term incentives of time-based RSUs and performance-based PSUs, each with a grant-date value of $867,808, plus a $5,500,000 equity sign-on RSU award and a $2,500,000 new hire RSU award, all under QXO’s 2024 Omnibus Incentive Compensation Plan.

The RSUs vest over four years and the PSUs are earned based on total stockholder return relative to the S&P 500 Index through December 31, 2030, with payout from 0% to 225% of target. Earned PSUs vest on December 31, 2030. Certain RSU shares are subject to post-vesting sale restrictions, and the new hire award includes a repayment obligation if West departs (other than an involuntary termination without cause) before the second anniversary of his start date.

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QXO, Inc. received an updated Schedule 13G/A from Orbis Investment Management Ltd, Orbis Investment Management (U.S.), L.P., and Allan Gray Australia Pty Ltd reporting their aggregate beneficial ownership of QXO equity. The reporting persons collectively report 75,359,961 shares of common stock on an as-converted basis, representing 10.4% of the outstanding class.

This total consists of 73,951,325 QXO common shares and 1,408,636 additional shares issuable upon conversion of 569,445 depositary shares representing 5.50% Series B Mandatory Convertible Preferred Stock at an optional conversion rate of 2.4737 common shares per depositary share. Orbis Investment Management Ltd reports sole voting and dispositive power over 74,084,587 shares (including its portion of the as-converted preferred), Orbis Investment Management (U.S.), L.P. over 1,248,191 common shares, and Allan Gray Australia Pty Ltd over 27,183 as-converted common shares. The reporting persons state they are filing together but each disclaims beneficial ownership of shares reported by the others.

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QXO, Inc. reported rapid growth driven by large acquisitions but remained unprofitable for the quarter and six months ended June 30, 2026. Net sales were $3,246 million for the quarter and $4,976 million year-to-date, significantly higher than the prior-year periods, reflecting the consolidation of Beacon and the April 2026 acquisition of Kodiak.

The company posted a net loss of $55 million for the quarter and $282 million year-to-date, wider than a year earlier, as higher depreciation, amortization and interest from acquisition financing outweighed gross profit expansion. QXO closed the $2.22 billion Kodiak deal in April and completed the $15 billion TopBuild acquisition on July 1, 2026, issuing approximately 312 million new common shares, new Series C preferred stock and adding term loans and senior notes to fund the transactions.

Cash and cash equivalents were $2,774 million, plus $3,000 million of restricted cash in escrow for TopBuild, while long-term debt rose to $6,029 million and total liabilities to $10,326 million. Additional capital layers include $499 million of Convertible Preferred Stock, $558 million of Mandatory Convertible Preferred Stock and $1,961 million of Series C Preferred Stock classified as mezzanine equity, underscoring a highly leveraged and equity-dilutive growth strategy.

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QXO, Inc. reported strong top-line growth but continued losses for the quarter ended June 30, 2026. Net sales reached $3.25 billion, up from $1.91 billion a year earlier, including $595 million from Kodiak. Gross profit was $803 million, with gross margin improving to 24.7%. The company recorded a net loss of $55 million, or $(0.14) per basic and diluted share, slightly better than the prior-year loss. On a non-GAAP basis, Adjusted Net Income was $130 million and Adjusted Diluted Earnings per Common Share were $0.08. Adjusted EBITDA was $272 million, compared with $204 million in the prior-year quarter.

For the first six months of 2026, net sales were $4.98 billion, with a net loss of $282 million and Adjusted EBITDA of $273 million. The balance sheet shows total assets of $22.67 billion, long-term debt of $6.03 billion, Series C preferred of $1.96 billion and stockholders’ equity of $10.38 billion. Operating activities used $146 million of cash in the first half, while financing activities provided $5.57 billion, including $3.00 billion of senior notes and $1.99 billion of Series C Preferred Stock. QXO completed the TopBuild acquisition on July 1, 2026, becoming the second-largest publicly traded building products distributor in North America.

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QXO Inc is reported to have a significant shareholder, Invesco Ltd., which, as a parent holding company to its investment advisers, may be deemed to beneficially own 48,250,490 shares of QXO common stock. This represents 6.7% of the outstanding common stock. Invesco is reported to have sole power to vote 48,155,704 shares and sole power to dispose of 48,250,490 shares, with no shared voting or dispositive power.

Invesco Asset Management Limited, a subsidiary of Invesco Ltd., advises the Invesco Sekai Senshinkoku Kabushiki Open Mother Fund, which owns 5.02% of the QXO security reported. The filing states that no single person has more than 5% economic ownership in these securities and that the relevant Invesco clients, as holders of record, have rights to dividends and sale proceeds.

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FAQ

How many QXO (QXO) SEC filings are available on StockTitan?

StockTitan tracks 85 SEC filings for QXO (QXO), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for QXO (QXO)?

The most recent SEC filing for QXO (QXO) was filed on October 21, 2026.