QXO News & Events

Reports Q4 revenue $2.19B, consensus $2.19B. Brad Jacobs, chairman and chief executive officer of QXO, said, "Our fourth quarter results were in line with the pre-announcement we made last month. Operationally, we are executing against our integration plan across the legacy Beacon business, supported by disciplined investments in technology, sales capacity, and other high-return, long-term initiatives. On the M&A front, our recently announced $2.25B agreement to acquire Kodiak Building Partners triples our total addressable market to more than $200B. With Kodiak, we have grown our EBITDA run rate to more than $1B in under 10 months. Our acquisition pipeline remains very active, keeping us firmly on track to achieve $50B in annual revenue."

QXO announced it has entered into a definitive agreement to acquire Kodiak Building Partners from Court Square Capital Partners for approximately $2.25B. The transaction is expected to be highly accretive to 2026 earnings and will expand QXO's current addressable market to more than $200B. The purchase price comprises $2B of cash and 13.2M 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.