QXO (QXO) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 23.7%
EBITDA Margin: -11.8%
Op. Margin: -14.6%
Net Margin: -13.1%

Op. margin of -14.6% is up 276.3% YoY — cost efficiency is improving. Net margin at -13.1% and gross margin of 23.7% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit