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QXO · QXO, Inc.

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$14.51 -0.38 (-2.55%) At close · Aug 14
Market Cap
$15.05B
Shares
1.04B

Press releases and events scraped from the company's investor relations website. Past events open our own call or event page when we host one; otherwise listings link to the original source.

Recent news

Date Headline
2026-08-13 QXO Reports Second Quarter 2026 Results

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today reported financial results for the second quarter of 2026. For the three months ended June 30, 2026, basic and diluted loss per common share was $(0.14). Adjusted Diluted Earnings per Common Share, a non-GAAP financial measure, was $0.08. Note: The following summary of financial results for the three and six months ended June 30, 2026 include the legacy Kodiak Building Partners, Inc. (“Kodiak”) operational results from the date of acquisition on April 1, 2026 through June 30, 2026. The summary of financial results for the three and six months ended June 30, 2025 include the legacy Beacon Roofing Supply, Inc. (“Beacon”) operational results from the date of acquisition on April 29, 2025 through June 30, 2025. SECOND QUARTER 2026 SUMMARY RESULTS Three Months Ended June 30, Six Months Ended June 30, (in millions, except for per share data) 2026 2025 2026 2025 Net sales $ 3,246 $ 1,906 $ 4,976 $ 1,920 Net loss $ (55 ) $ (59 ) $ (282 ) $ (50 ) Adjusted EBITDA (1) $ 272 $ 204 $ 273 $ 196 Adjusted Net Income (1) $ 130 $ 109 $ 73 $ 145 Basic and diluted loss per common share $ (0.14 ) $ (0.15 ) $ (0.48 ) $ (0.19 ) Adjusted Diluted Earnings (Loss) per Common Share (1) $ 0.08 $ 0.11 $ (0.02 ) $ 0.17 (1) See the “Non-GAAP Financial Measures” section of the press release. Brad Jacobs, chairman and chief executive officer of QXO, said, “Our second-quarter results reflect current market conditions and the progress we are making across the company. We have begun upgrading technology across the company to deliver best-in-class customer service and meaningful financial growth. Following the completion of the TopBuild acquisition on July 1, QXO is the second-largest publicly traded building products distributor in North America, with greater scale and a broader presence at customers’ job sites. We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade.” Second Quarter Highlights Operational Results Net sales were $3.25 billion for the three months ended June 30, 2026, which includes $595 million attributable to Kodiak. Net loss was $55 million and Adjusted Net Income, a non-GAAP financial measure, was $130 million for the three months ended June 30, 2026. Basic and diluted loss per common share was $(0.14) and Adjusted Diluted Earnings per Common Share, a non-GAAP financial measure, was $0.08 for the three months ended June 30, 2026. Adjusted EBITDA, a non-GAAP financial measure, was $272 million for the three months ended June 30, 2026. About QXO QXO is a leading distributor and installer of building products serving an $800 billion market. The Company’s mission is to modernize the building products industry through advanced technology and a best-in-class customer experience. QXO is North America’s largest distributor and installer of insulation, the second-largest distributor of roofing products, the second-largest publicly traded distributor of lumber and building materials, and the largest distributor of waterproofing products. The Company is targeting $50 billion in annual revenue within the decade through accretive acquisitions and organic growth. For more information, visit QXO.com. Non-GAAP Financial Measures As required by the Securities and Exchange Commission (“SEC”) rules, the financial tables attached to this press release reconcile each non-GAAP financial measure to its most directly comparable measure under GAAP. We calculate Adjusted Gross Profit as gross profit excluding inventory fair value adjustments, and we calculate Adjusted Gross Margin as Adjusted Gross Profit divided by net sales. We calculate Adjusted Net Income (Loss) as net income (loss) excluding amortization; stock-based compensation; loss on debt extinguishment; restructuring costs; transaction costs; transformation costs; inventory fair value adjustments; and the income tax associated with such adjusting items. We calculat

2026-07-09 QXO Posts New Investor Q&A to Website

GREENWICH, Conn. — July 9, 2026 — QXO, Inc. (NYSE: QXO), today posted a new investor Q&A document to its website. The document was also filed by QXO as an exhibit to a Form 8-K with the U.S. Securities and Exchange Commission. The Q&A is directly accessible at this link . About QXO QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is North America’s largest distributor and installer of insulation; second-largest distributor of roofing products; second-largest publicly traded distributor of lumber and building materials; and largest distributor of waterproofing products. The company is targeting $50 billion in annual revenue within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. Media Contact Joe Checkler [email protected] 203-609-9650 Investor Contact Mark Manduca [email protected] 203-321-3889

2026-07-09 Investor Q&A July 2026

QXO Investor Q&A July 9, 2026 Overview 1 Market Opportunity and Strategic Position 2 TopBuild Strategic Rationale 4 Operational Blueprint and 2030 Growth Bridges 5 Cross-selling Strategy 7 Private Label and Customer Experience 8 Technology as a Driver of Value Creation 9 Capital Structure, Allocation Strategy, and M&A 10 Overview Q: What is QXO’s value creation plan? A: Our value creation plan is straightforward: leverage the attractive long-term fundamentals of the building products sector, capitalize on the scale we’re building through acquisitions, and execute a comprehensive transformation that drives superior customer outcomes and financial performance. We operate in the large, fragmented building products market, which is supported by durable long-term demand drivers, including repair and remodel activity, housing shortages, aging housing stock, data center construction, and the need to make building and repairing homes and commercial properties more affordable. This is

2026-07-01 QXO Completes Acquisition of TopBuild

Deal Expected to Be Substantially Accretive to QXO’s Earnings GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) today announced it has closed its previously disclosed acquisition of TopBuild Corp. The transaction significantly expands QXO’s scale and capabilities across the building products value chain. QXO now holds leadership positions in key building product categories in North America: #1 in insulation #2 in roofing #1 in waterproofing #1 or #2 in the lumber and building materials sector, in key geographies served The company also announced that Alec Covington, TopBuild’s former Chairman, joined QXO’s Board of Directors, effective immediately. Mr. Covington replaces Jared Kushner, who has resigned from the Board of Directors to focus on other commitments. Brad Jacobs, Chairman and Chief Executive Officer of QXO, said, “By acquiring TopBuild, we’re broadening our product offering, adding installation capabilities, and expanding our exposure to fast-growing end markets like data centers. By 2030, we expect to generate at least $300 million in annual synergies largely from procurement, pricing, and cross-selling, while applying TopBuild’s operational excellence across QXO. The transaction is expected to be highly accretive to earnings and advance our plan to build a world-class company with $50 billion in revenue. I’m grateful to Jared for his significant contributions to the company, and I’m pleased to welcome Alec to the Board.” Under the terms of the merger agreement, former TopBuild shareholders will receive shares of QXO’s common stock or a combination of both cash and shares of QXO's common stock based on their elections and subject to proration and the other terms and conditions in the merger agreement. TopBuild's shares will stop trading on the New York Stock Exchange. Advisors Morgan Stanley & Co. LLC acted as lead financial advisor to QXO, and Barclays and Wells Fargo Securities acted as additional financial advisors to QXO. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to QXO. About QXO QXO is North America’s largest distributor and installer of insulation; second-largest distributor of roofing products; second-largest publicly traded distributor of lumber and building materials; and largest distributor of waterproofing products. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenue within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. Cautionary Statement Regarding Forward-Looking Information This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets or goals, the anticipated benefits of the acquisition and expected future financial position and results of operations, are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, an

2026-06-30 QXO and TopBuild Announce Stockholder Election Results for Merger Consideration

GREENWICH, Conn. & DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) (“QXO”) and TopBuild Corp. (NYSE: BLD) (“TopBuild”) today announced the results of TopBuild stockholders’ elections regarding the form of merger consideration (the “Merger Consideration”) to be received in connection with QXO’s acquisition of TopBuild (the “Transaction”). As previously disclosed, the deadline for making an election was 5:00 p.m. Eastern Time on June 29, 2026 (the “Election Deadline”). The parties expect the Transaction to close on or about July 1, 2026, subject to the satisfaction or waiver of customary closing conditions. Before the Election Deadline, and as described in the election materials and in the parties’ joint proxy statement/prospectus dated May 29, 2026, each eligible TopBuild stockholder could elect to receive, for each share of TopBuild common stock held before the closing of the Transaction, either (i) $505.00 in cash (the “Cash Consideration”) or (ii) 20.200 shares of QXO common stock (the “Stock Consideration”), in each case subject to the election and proration procedures set forth in the merger agreement and the joint proxy statement/prospectus. TopBuild stockholders who did not make a valid election by the Election Deadline are deemed to have elected to receive the Stock Consideration. TopBuild stockholders who otherwise would have received a fractional share of QXO common stock will receive cash in lieu of that fractional share. Based on available information as of the Election Deadline, the results of the Merger Consideration election are as follows: TopBuild stockholders of record representing approximately 91.0% of the outstanding shares of TopBuild common stock elected to receive the Cash Consideration. In accordance with the proration procedures in the merger agreement, those shares were converted into the right to receive approximately $249.71 in cash and 10.211 shares of QXO common stock for each share of TopBuild common stock, subject to final calculations by the exchange agent; TopBuild stockholders of record representing approximately 1.4% of the outstanding shares of TopBuild common stock elected to receive the Stock Consideration; TopBuild stockholders of record representing approximately 7.6% of the outstanding shares of TopBuild common stock did not make a valid election or did not deliver a valid election by the Election Deadline and are therefore deemed to have elected to receive the Stock Consideration in accordance with the terms of the merger agreement. A more detailed description of the Merger Consideration and the allocation and proration procedures applicable to elections is contained in the joint proxy statement/prospectus. About QXO QXO, Inc. is the largest publicly traded distributor of roofing, waterproofing, and related products and the second-largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenue within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.

2026-06-30 QXO Announces the Expiration and Final Results of Cash Tender Offers and Consent Solicitations for Any and All of TopBuild Corp.’s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (“ QXO ”) (NYSE: QXO) announced today the expiration and final results of the previously announced tender offers and consent solicitations (collectively, the “ Tender Offers and Consent Solicitations ”) by QXO’s wholly-owned subsidiary, Titanium MergerCo, Inc., a Delaware corporation (the “ Company ”), for the (i) $500.0 million aggregate principal amount of outstanding 4.125% Senior Notes due 2032 (the “ 2032 Notes ”) and (ii) $750.0 million aggregate principal amount of outstanding 5.625% Senior Notes due 2034 (the “ 2034 Notes ” and, together with the 2032 Notes, the “ Notes ”) of TopBuild Corp. (“ TopBuild ”). The Tender Offers and Consent Solicitations expired at 5:00 p.m., New York City time, on June 29, 2026 (the “ Expiration Date ”). No tenders submitted after the Expiration Date are valid. According to information provided to the Company by D.F. King & Co., Inc., the information and tender agent (the “ Information and Tender Agent ”) for the Tender Offers and Consent Solicitations, as of the Expiration Date, Notes were validly tendered and not validly withdrawn with respect to (i) $497,723,000 aggregate principal amount of the 2032 Notes, representing approximately 99.54% of the outstanding 2032 Notes, and (ii) $748,093,000 aggregate principal amount of the 2034 Notes, representing approximately 99.75% of the outstanding 2034 Notes. The Company has accepted for purchase all Notes that were validly tendered (and not validly withdrawn) in the Tender Offers and Consent Solicitations. The “ Settlement Date ” for the Tender Offers and Consent Solicitations is expected to be July 1, 2026, substantially coinciding with, and contingent upon, the expected closing of QXO’s acquisition of TopBuild (the “ TopBuild Acquisition ”). Any eligible holder that validly tendered their Notes at or prior to 5:00 p.m., New York City time, on June 11, 2026 (the “ Early Tender Deadline ”) (and did not validly withdraw their Notes at or prior to 5:00 p.m., New York City time, on June 11, 2026) were accepted for purchase at a price of $1,011.25 per $1,000 of principal amount of such Notes, plus accrued and unpaid interest from the last interest payment date on such purchased Notes up to, but not including, the Settlement Date. Notes validly tendered (and not validly withdrawn) after the Early Tender Deadline but at or prior to the Expiration Date were accepted for purchase at a price of $961.25 per $1,000 of principal amount of such Notes, plus accrued and unpaid interest from the last interest payment date on such purchased Notes up to, but not including, the Settlement Date. On the Early Tender Deadline, the Company received consents sufficient to amend the applicable Indentures governing the Notes to (i) eliminate the requirement to make a “Change of Control Offer” for the related Notes in connection with the TopBuild Acquisition and future transactions, (ii) eliminate substantially all of the restrictive covenants in the applicable Indenture and the Notes, (iii) eliminate certain conditions to legal defeasance and covenant defeasance in the applicable Indenture and the Notes and (iv) eliminate all events of default other than events of default relating to the failure to pay principal of and interest on the Notes (collectively, the “ Proposed Amendme

2026-06-29 QXO and TopBuild Stockholders Overwhelmingly Approve QXO’s Acquisition of TopBuild

GREENWICH, Conn. & DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) (“QXO”) and TopBuild Corp. (NYSE: BLD) (“TopBuild”) today announced that stockholders of both companies overwhelmingly approved all proposals required for QXO to complete its acquisition of TopBuild at the companies’ respective Special Meetings held today. Approximately 99% of the votes cast at QXO’s Special Meeting were in favor of approving the issuance of shares of QXO common stock in connection with the transaction. Approximately 78% of the votes cast at TopBuild’s Special Meeting were cast in favor of adopting the merger agreement, representing approximately 65% of all outstanding shares. The transaction is expected to close on or about July 1, 2026, provided that customary closing conditions are satisfied. About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second-largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenue within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. About TopBuild TopBuild Corp. is North America’s largest distributor and installer of insulation and related building products. The company provides installation and distribution services across residential, commercial, and industrial end markets, including insulation used in walls, attics, floors, and roofing assemblies; complementary products such as gutters, fireproofing, and mechanical insulation; and specialized roofing systems for large-scale buildings such as airports, stadiums, and warehouses. TopBuild operates more than 450 locations across the United States and Canada. Visit TopBuild.com for more information. Cautionary Statement Regarding Forward-Looking Information This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets or goals, the expected timing of the closing of the proposed acquisition, the anticipated benefits of the proposed acquisition, including synergies, and expected future financial position, total addressable market, positions in building product verticals and results of operations, are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “target,” “goal,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described herein include, amo

2026-06-12 QXO Announces Early Tender Results of Cash Tender Offers and Consent Solicitations for Any and All of TopBuild Corp.’s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034 and Receipt of Requisite Consents

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (“ QXO ”) (NYSE: QXO) announced the early tender results of the previously announced tender offers and consent solicitations (collectively, the “ Tender Offers and Consent Solicitations ”) by QXO’s wholly-owned subsidiary, Titanium MergerCo, Inc., a Delaware corporation (the “Company”), for the (i) $500.0 million aggregate principal amount of outstanding 4.125% Senior Notes due 2032 and (ii) $750.0 million aggregate principal amount of outstanding 5.625% Senior Notes due 2034 (together, the “ Notes ”) of TopBuild Corp. (“ TopBuild ”). The Tender Offers and Consent Solicitations are being conducted in connection with QXO’s pending acquisition of TopBuild (the “ TopBuild Acquisition ”). The below table presents, according to information provided to the Company by D.F. King & Co., Inc., the information and tender agent (the “ Information and Tender Agent ”) for the Tender Offers and Consent Solicitations, the aggregate principal amount of Notes validly tendered at or prior to 5:00 p.m., New York City time, on June 11, 2026 (the “ Early Tender Deadline ”) and not validly withdrawn at or prior to 5:00 p.m., New York City time, on June 11, 2026 (the “ Withdrawal Deadline ”) (the “ Early Tender Notes ”), and the percent of the aggregate principal amount of Notes outstanding constituting Early Tender Notes. CUSIP/ISIN* Title of Notes Aggregate Principal Amount Outstanding Aggregate

2026-06-04 QXO and TopBuild Announce Election Deadline for TopBuild Stockholders to Elect Merger Consideration

GREENWICH, Conn. & DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) (“QXO”) and TopBuild Corp. (NYSE: BLD) (“TopBuild”) today announced that the deadline for TopBuild stockholders of record to elect the form of consideration that they wish to receive in connection with the acquisition of TopBuild by QXO (the “Mergers”) is 5:00 p.m., Eastern Time on June 29, 2026 (such deadline, as it may be extended, the “Election Deadline”). As further described in the election materials and in the parties’ joint proxy statement/prospectus, dated May 29, 2026, each TopBuild stockholder may elect to receive, for each share of TopBuild common stock held prior to the closing of the Mergers, either (i) $505.00 in cash (the “cash consideration”) or (ii) 20.200 shares of QXO common stock (the “stock consideration”), in each case, subject to the election and proration procedures set forth in the merger agreement and the joint proxy statement/prospectus. TopBuild stockholders who fail to make a proper election by the Election Deadline will receive stock consideration for their shares of TopBuild common stock. TopBuild stockholders who otherwise would have received a fractional share of QXO common stock will receive cash in lieu of such fractional share. TopBuild stockholders of record wishing to make an election must deliver properly completed election materials to Equiniti Trust Company, LLC by the Election Deadline. Additional information about the election, deadlines and contacts can be found in materials sent to TopBuild stockholders beginning on June 4, 2026. TopBuild stockholders with questions regarding the election materials or the election process should contact Innisfree M&A Incorporated, the information agent for the election, at (877) 750-8129 or their bank, broker or other nominee, as applicable, as soon as possible. A more detailed description of the Mergers, the election process and the merger consideration is contained in the joint proxy statement/prospectus. TopBuild stockholders are urged to read the joint proxy statement/prospectus carefully and in its entirety. Copies of the joint proxy statement/prospectus may be obtained free of charge by following the instructions below under the section entitled “Important Information for Investors and Stockholders.” About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. About TopBuild TopBuild Corp., headquartered in Daytona Beach, Florida, is the largest distributor and installer of insulation and related building products in North America. The company provides installation and distribution services across residential, commercial, and industrial end markets, including insulation used in walls, attics, floors, and roofing assemblies; complementary products such as gutters, fireproofing, and mechanical insulation; and specialized roofing systems for large-scale buildings such as airports, stadiums, and warehouses. TopBuild operates more than 450 locations across the United States and Canada. Visit TopBuild.com for more info

2026-06-03 QXO Announces Pricing of Senior Notes

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its wholly owned subsidiary, QXO Building Products, Inc. (the “Issuer”), has priced its offering (the “Offering”) of $1.5 billion of 6.500% Senior Notes due 2031 (the “2031 Notes”) and $1.5 billion of 6.875% Senior Notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “notes”) at par. The Offering is expected to close on June 17, 2026, subject to market and other conditions. If the issuance of the notes closes prior to the consummation of previously announced acquisition (the “TopBuild Acquisition”) of TopBuild Corp. (“TopBuild”), the gross proceeds of the offering will be deposited into a segregated escrow account and the notes will be secured on a first-priority basis by the escrow account and the funds held in the escrow account until the consummation of the TopBuild Acquisition (the “Release Date”). The consummation of the TopBuild Acquisition is subject to customary closing conditions, including approval by the shareholders of TopBuild and QXO. Upon consummation of the TopBuild Acquisition, the notes will be fully and unconditionally guaranteed by each of the Issuer’s wholly-owned domestic restricted subsidiaries that guarantees the Issuer’s senior secured first lien term loan facility and senior secured notes. From and after the Release Date, the notes and related guarantees will be unsecured obligations of the Issuer and subsidiary guarantors. The Issuer intends to use the proceeds from the offering of the notes, along with borrowings under new term loan facilities, proceeds from Series C Convertible Perpetual Preferred Stock of QXO and available balance sheet cash from QXO and TopBuild, to fund the TopBuild Acquisition and the other transactions contemplated by the related merger agreement, including the repayment or repurchase of TopBuild’s debt and payment of related fees and expenses. The issuance and sale of the notes and the related guarantees have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction, and the notes and the related guarantees are being offered and sold only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the Securities Act. This press release is issued pursuant to Rule 135c under the Securities Act and does not constitute an offer to sell or a solicitation of an offer to buy any securities described herein, nor will these securities be sold in any state or other jurisdiction where such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2

2026-06-03 QXO Recognizes Vanessa Fusco as the 2026 North American Female Roofing Professional of the Year

CEO of Rejoice and Restore LLC in Naugatuck, CT voted grand prize winner, earning $10,000 GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) today announced Vanessa Fusco, CEO of Rejoice and Restore LLC in Naugatuck, CT, as the winner of its 2026 North American Female Roofing Professional of the Year campaign, a national program that recognizes exceptional women working in the roofing industry across the U.S. and Canada. As this year’s honoree, Fusco earns $10,000 and tickets to 2027 National Women in Roofing Days and the International Roofing Expo. Now in its sixth year, the program shines a spotlight on female roofing professionals who are making a difference through innovation, mentorship, safety and a commitment to excellence in their field. Fusco won in a nationwide public vote against four other accomplished finalists. Fusco built Rejoice and Restore from the ground up. Since completing its first project in 2024, the company has quickly scaled to multi-million-dollar revenue. Fusco leads with a mission-driven approach, creating opportunities for individuals in recovery while delivering strong business results. Her leadership blends operational excellence with a deep commitment to community impact. “The roofing industry is stronger because of women like Vanessa leading it,” said QXO Chief Human Resources Officer Josephine Berisha. “She and this year’s finalists are setting the standard for what leadership in this industry looks like.” The four other finalists who will each receive funding to support their professional development are: Jennifer George, Co-Founder and CEO, Northern Arizona Roof Services, Flagstaff, AZ Lauren Marsh, President, Ridgeline Construction HSV, Inc., Athens, AL Kathleen Maxwell, CEO, Maxwell Roofing & Sheet Metal, Inc., Nashville, TN Stacey Oakley, Chief of Staff, ProFormance Builder Solutions, Winter Garden, FL “It’s an honor to accept this award on behalf of the incredible women who are changing the roofing industry,” Fusco said. “I’m proud to share this recognition with the women who mentored me, the team that shows up every day and the customers who trust me with their most important investment. I hope our work inspires more women to pursue careers in roofing and other areas of building materials.” This year’s finalists were selected from over 2,000 nominations across the U.S. and Canada. The finalist committee included QXO executives, prior winners and female industry leaders who reviewed submissions. To learn more about QXO’s annual Female Roofing Professional of the Year program, the finalists and the program rules, visit: go.qxo.com/femaleroofpro . About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber an

2026-06-02 QXO Announces Offering of Senior Notes

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its wholly owned subsidiary, QXO Building Products, Inc. (the “Issuer”), intends to offer $1.5 billion in Senior Notes due 2031 (the “2031 Notes”) and $1.5 billion in Senior Notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “notes”), subject to market and other conditions. If the issuance of the notes closes prior to the consummation of previously announced acquisition (the “TopBuild Acquisition”) of TopBuild Corp. (“TopBuild”), the gross proceeds of the offering will be deposited into a segregated escrow account and the notes will be secured on a first-priority basis by the escrow account and the funds held in the escrow account until the consummation of the TopBuild Acquisition (the “Release Date”). The consummation of the TopBuild Acquisition is subject to customary closing conditions, including approval by the shareholders of TopBuild and QXO. Upon consummation of the TopBuild Acquisition, the notes will be fully and unconditionally guaranteed by each of the Issuer’s wholly-owned domestic restricted subsidiaries that guarantees the Issuer’s senior secured first lien term loan facility and senior secured notes. From and after the Release Date, the notes and related guarantees will be unsecured obligations of the Issuer and subsidiary guarantors. The Issuer intends to use the proceeds from the offering of the notes, along with borrowings under new term loan facilities, proceeds from Series C Convertible Perpetual Preferred Stock of QXO and available balance sheet cash from QXO and TopBuild, to fund the TopBuild Acquisition and the other transactions contemplated by the related merger agreement, including the repayment or repurchase of TopBuild’s debt and payment of related fees and expenses. The issuance and sale of the notes and the related guarantees have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction, and the notes and the related guarantees are being offered and sold only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the Securities Act. This press release is issued pursuant to Rule 135c under the Securities Act and does not constitute an offer to sell or a solicitation of an offer to buy any securities described herein, nor will these securities be sold in any state or other jurisdiction where such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. Cautionary Statement Regarding Forward-Looking S

2026-05-29 QXO Announces Cash Tender Offers and Consent Solicitations for Any and All of TopBuild Corp.’s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (“ QXO ”) (NYSE: QXO) today announced that, in connection with its pending acquisition of TopBuild Corp. (“ TopBuild ”), it has commenced, through its wholly-owned subsidiary Titanium MergerCo, Inc., a Delaware corporation (the “ Company ”), tender offers (collectively, the “ Tender Offers ”) to purchase for cash any and all of the outstanding (i) 4.125% Senior Notes due 2032 (the “ 2032 Notes ”) and (ii) 5.625% Senior Notes due 2034 (the “ 2034 Notes ” and, together with the 2032 Notes, the “ Notes ”) of TopBuild. In connection with the Tender Offers, the Company is also soliciting (collectively, the “ Consent Solicitations ”) from holders of the Notes consents (the “ Consents ”) to certain proposed amendments to the indenture, dated as of October 14, 2021 (the “ 2032 Notes Indenture ”), which governs the 2032 Notes, and certain proposed amendments to the indenture, dated as of September 25, 2025 (the “ 2034 Notes Indenture ” and together with the 2032 Notes Indenture, the “ Indentures ”), which governs the 2034 Notes, to (i) eliminate the requirement to make a “Change of Control Offer” for the related Notes in connection with QXO’s acquisition of TopBuild and future transactions, (ii) eliminate substantially all of the restrictive covenants in the applicable Indenture and the Notes, (iii) eliminate certain conditions to legal defeasance and covenant defeasance in the applicable Indenture and the Notes and (iv) eliminate all events of default other than events of default relating to the failure to pay principal of and interest on the Notes (collectively, the “ Proposed Amendments ”). The terms and conditions of the Tender Offers and Consent Solicitations are described in an Offer to Purchase and Consent Solicitation Statement, dated May 29, 2026 (the “ Offer to Purchase and Consent Solicitation Statement ”). The following table summarizes the material pricing terms of the Tender Offers. CUSIP/ISIN* <td class="bwvertalignb bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth15" colspan="1"

2026-05-20 QXO Reveals Top Finalists for Annual Campaign Celebrating Women in Roofing

The public can vote for the finalists now through May 29 at go.qxo.com/frpoty-vote-2026 . GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) today announced the five finalists in its sixth annual North American Female Roofing Professional of the Year campaign, which invites the public to vote for exceptional women working in the roofing industry across the U.S. and Canada. The winner will receive $10,000 and tickets to 2027 NWIR Days and IRE. Four finalists will receive $1,000. Now in its sixth year, the program shines a spotlight on female roofing professionals who are making a difference through innovation, mentorship, safety and a commitment to excellence in their field. These finalists represent the future of roofing across North America. The five 2026 finalists are: Vanessa Fusco, CEO, Rejoice & Restore LLC, Naugatuck, CT Jennifer George, Co-Founder and CEO of Northern Arizona Roof Services, Flagstaff, AZ Lauren Marsh, President, Ridgeline Construction HSV, Inc., Athens, AL Kathleen Maxwell, CEO, Maxwell Roofing & Sheet Metal, Nashville, TN Stacey Oakley, Chief of Staff, ProFormance Builder Solutions, Winter Garden, FL “We’re proud to recognize the outstanding women who are strengthening the roofing industry through leadership, innovation and dedication to their communities,” said QXO Chief Human Resources Officer Josephine Berisha. “We received many outstanding nominations of accomplished women throughout the industry, so our five finalists should be very proud of making it to the public voting stage." This year’s finalists were selected from over 2,000 nominations across the U.S. and Canada. A panel of judges, including QXO executives, prior winners and female industry leaders, reviewed submissions and selected five finalists. Public voting is open from May 20 through May 29, 2026, at go.qxo.com/frpoty-vote-2026 . The grand-prize winner and runners-up will be announced on June 3, 2026, with all receiving funding for professional growth and being highlighted as industry role models. About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information. <div class="bw-con

2026-05-12 QXO Reports First Quarter 2026 Results

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today issued its financial results for the first quarter 2026. The Company reported a basic and diluted loss per common share of $(0.35) and an Adjusted Diluted Loss per Common Share, a non-GAAP financial measure, of $(0.12) for the three months ended March 31, 2026. FIRST QUARTER 2026 SUMMARY RESULTS Three Months Ended March 31, (in millions, except for per share data) 2026 2025 Net sales

2026-05-11 QXO Posts Investor Q&A to Website

GREENWICH, Conn.--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO), today posted an investor Q&A document to its website. The document was also filed by QXO as an exhibit to a Form 8-K with the U.S. Securities and Exchange Commission. The Q&A is directly accessible at this link. About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit www.qxo.com for more information. Cautionary Statement Regarding Forward-Looking Information This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets or goals, the expected timing of the closing of the proposed acquisition, the anticipated benefits of the proposed acquisition, including synergies, and expected future financial position, total addressable market, positions in building product verticals and results of operations, are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “target,” “goal,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described herein include, among others: (i) the risk that the proposed acquisition of TopBuild may not be completed on the anticipated terms in a timely manner or at all; (ii) the failure to satisfy any of the conditions to the consummation of the proposed acquisition, including the risk that the required shareholder approvals may not be obtained; (iii) the effect of the pendency of the proposed acquisition on each of QXO’s and TopBuild’s business relationships with employees, customers, or suppliers, or on operating results or the businesses generally; (iv) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the acquisition agreement for TopBuild, including circumstances that require the payment of a termination fee; (v) the possibility that the proposed acquisition may be more expensive to complete than anticipated, including as a result of unexpected factors or events, sign

2026-04-22 QXO Partners With NAHICA to Advance Opportunities for Latino Contractors Nationwide

GREENWICH, Conn. & HOUSTON--(BUSINESS WIRE)-- QXO, Inc. (NYSE: QXO) today announced it has joined the National Hispanic Contractors Association (NAHICA) as a national sponsor, reinforcing a shared commitment to empowering Latino contractors across the United States. The partnership marks a significant step in QXO’s mission to elevate Hispanic professionals in the building products industry. With QXO’s support, NAHICA will expand its efforts to provide education, resources and business opportunities tailored to the needs of Latino contractors, one of the fastest-growing segments in the U.S. construction workforce. “Having QXO as a national sponsor will make a significant impact on our community’s ability to create access, growth and long-term success for Latino contractors,” said Sergio Terreros, President of NAHICA. “Their commitment aligns with our mission to provide opportunities and strengthen networks for Hispanic professionals in the construction industry.” “This sponsorship reflects QXO’s commitment to the Latino contractor community and the important work they do,” said Bernal Fernandez, Hispanic Marketing Manager at QXO. “Hispanic contractors are a critical and growing force in the roofing and construction industries, and together with NAHICA, we can ensure they have access to the tools, network and resources needed to help build a stronger future.” Together, NAHICA and QXO will work to create new pathways for growth, visibility and success for Hispanic contractors, helping them thrive in an increasingly competitive landscape while contributing to the continued development of communities nationwide. QXO has a strong history of supporting Hispanic contractors, recognizing the important role they play in the construction industry. About QXO QXO, Inc. (NYSE: QXO) is the largest publicly traded distributor of roofing, waterproofing, and related products and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. About NAHICA The National Hispanic Contractors Association (NAHICA) is dedicated to empowering Hispanic contractors through advocacy, education, and business development. The organization works to create opportunities, strengthen networks, and support the growth of Latino professionals in the construction industry. Media Contacts: Joe Checkler [email protected] 203-609-9650 Christina Alvarez Mulberry Marketing Communication

2026-04-20 QXO Announces Investor Presentation Regarding Acquisition of TopBuild

QXO, Inc. (NYSE: QXO), following the announcement yesterday of its agreement to acquire TopBuild Corp. (NYSE: BLD) (“TopBuild”), has posted a recorded investor presentation to provide additional detail regarding the transaction. The presentation, featuring a slide deck and narrated commentary from QXO Chief Executive Officer Brad Jacobs, outlines the strategic rationale for the acquisition, anticipated financial impact, and the long-term growth opportunities provided by the combined platform. Access Information The presentation is available now via NetRoadshow at the following link: http://www.netroadshow.com/nrs/home/#!/?show=e496ea07 Alternatively, visit www.netroadshow.com and enter the following review entry code: QXO283 (not case-sensitive) The presentation materials are also accessible on the Investor Relations section of QXO’s website at: https://investors.qxo.com/events-and-presentations/default.aspx About QXO QXO, Inc. (NYSE: QXO) is the largest publicly

2026-04-20 April 2026 Investor Presentation and Script Regarding Acquisition of TopBuild
2026-04-19 QXO to Acquire TopBuild for $17 Billion

QXO to Become the Second Largest Publicly Traded Building Products Distributor in North America, with More Than $18 Billion of Combined Company Revenue and More Than $2 Billion of Combined Company Adjusted EBITDA Landmark Transaction Is Expected to Be Immediately and Substantially Accretive to QXO’s Earnings QXO, Inc. (NYSE: QXO) today announced that it has entered into a definitive agreement to acquire TopBuild Corp. (NYSE: BLD) (“TopBuild”) for approximately $17 billion, significantly expanding QXO’s scale and capabilities across the building products value chain. The transaction is expected to be immediately and substantially accretive to the company’s earnings. TopBuild is the largest distributor and installer of insulation and related building products in North America. The combination will bring together QXO’s leading positions in roofing, waterproofing, lumber-related building materials, and associated products with TopBuild’s

2026-04-01 QXO Completes Acquisition of Kodiak Building Partners

Deal Expected to Be Highly Accretive to QXO’s Earnings in 2026 QXO, Inc. (NYSE: QXO) today announced it has completed its acquisition of Kodiak Building Partners (“Kodiak”) from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion. Brad Jacobs, Chairman and Chief Executive Officer of QXO, said, “By acquiring Kodiak, we’re providing our customers with a wider range of product offerings and value-added services. In addition, we expect the deal to be highly accretive to 2026 earnings and we remain on track to achieve our goal of $50 billion in annual revenue.” Steve Swinney, co-founder of Kodiak and leader of QXO’s new LBM division, added, “Today marks a definitive capstone for Kodiak as we join QXO and become a part of the most exciting company in building products. ” Advisors Morgan Stanley & Co. LLC and Wells Fargo acted as financial advisors to QXO,

2026-03-09 QXO Launches Sixth Annual Campaign to Celebrate Women in Roofing

North American Female Roofing Professional of the Year Winner will receive $10,000 and tickets to 2027 NWIR Days and IRE; Four finalists will receive $1,000 In honor of International Women’s Day, QXO, Inc. (NYSE: QXO) today announced the launch of its sixth annual North American Female Roofing Professional of the Year campaign, which invites the public to nominate exceptional women working in the roofing industry across the U.S. and Canada. “This award reflects the dedication of all the women throughout the industry who mentor, support and lift each other up,” said Rachel Narveson of Proficient Construction, the 2025 winner. “I hope my journey inspires others to embrace leadership, challenge barriers and pursue excellence in every project they take on.” Narveson was recognized for her professional success and unwavering commitment to championing positive social change and inspiring others. The nomination period opens today and runs through April 6, 2026, with one grand prize winner

2026-02-25 QXO Reports Fourth Quarter 2025 Results

QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today issued its financial results for the fourth quarter 2025, in line with the preliminary fourth-quarter information provided during last month’s common stock offering. The Company reported a GAAP basic and diluted loss per common share of $(0.17), primarily reflecting acquisition-related amortization and transaction costs, and an Adjusted Diluted Earnings per Common Share (“Adjusted Diluted EPS”), a non-GAAP financial measure, of $0.02 for the three months ended December 31, 2025. For the full year 2025, the Company reported a GAAP basic and diluted loss per common share of $(0.63) and an Adjusted Diluted EPS, a non-GAAP financial measure, of $0.34. Note: the following summary financial results include the legacy Beacon Roofing Supply, Inc. (“Beacon”) operational results from the date of acquisition on April 29, 2025. FOURTH QUARTER AND FULL YEAR 2025 SUMMARY RESULTS

2026-02-16 QXO Announces 13 Veteran Recipients of New Roofs

The Annual QXO for Veterans program honors Veterans and Gold Star Families with new roofs at no cost QXO Inc. (NYSE: QXO) today announced the 13 grand-prize winners of its annual QXO for Veterans initiative, a North American program that honors veterans, Gold Star Families and organizations that serve veterans by providing essential home improvements that restore security, dignity and peace of mind. "As an army veteran myself, it's a privilege for the QXO team to honor the service of these 13 veterans and organizations by providing the security and protection of a new roof," said Damien Katzenmeyer, Vice President of Fleet and Logistics Management at QXO. “Our whole team appreciates the sacrifices these brave men and women made to defend our homes and freedom." The 13 Veteran and Gold Star Family 2025 QXO for Veterans recipients are: Elmer G. – Brownsville, PA Gerald S. – Troutdale, OR Gregory P. – Ewing, NJ James C. – El Cajon, CA James W. –

2026-02-11 QXO to Buy Kodiak Building Partners for $2.25 Billion

Expected to Be Highly Accretive to QXO’s Earnings in 2026 QXO, Inc. (NYSE: QXO) today announced it has entered into a definitive agreement to acquire Kodiak Building Partners (“Kodiak”) from Court Square Capital Partners for approximately $2.25 billion. The transaction is expected to be highly accretive to 2026 earnings and will expand QXO’s current addressable market to more than $200 billion. The purchase price comprises $2.0 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase these shares at $40 per share. The transaction is expected to close early in the second quarter of 2026, subject to the satisfaction of customary closing conditions. Kodiak generated approximately $2.4 billion of revenues in 2025 as a U.S. distributor of lumber, trusses, windows and doors, construction supplies, waterproofing, roofing, and complementary exterior products, as well as value-added assembly, fabrication, and installation services. The

Past events

Source: https://investors.qxo.com/overview/default.aspx

Key facts CIK 1236275 CUSIP 82846H405 13F (30d) 595 filings 586 filers Visit website Investor relations