QXO Q1 2023 Earnings — QXO, Inc. Revenue & Financial Results | Market Cap Arena

QXOQXO, Inc.

$16B

Q1 2023 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$13M+19.1% YoY

Gross Profit

$5M40.8% margin

Operating Income

$369,5372.8% margin

Net Income

$277,4912.1% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

-$783,062

Free Cash Flow

-$788,041

Stock-Based Comp.

$41,497

Balance Sheet

Total Assets

$21M

Total Liabilities

$11M

Stockholders' Equity

$10M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$11M	+19.1%
Gross Profit	$5M	$5M	+13.9%
Operating Income	$369,537	-$19,716	+1974.3%
Net Income	$277,491	-$40,656	+782.5%