# QXO, Inc.

Summary updated: 2026-10-02T12:51:50.798026Z
Canonical: https://finbar.com/research/companies/qxo-inc

## Overview

QXO, Inc. is a North American distributor and installer of building products. Its business includes roofing, waterproofing, insulation, lumber and other building materials, serving contractors and other customers through a branch network. The company’s stated mission is to modernize the building-products industry through advanced technology and a best-in-class customer experience. [1](https://app.finbar.com/go?id=P156155645)[2](https://app.finbar.com/go?id=P156155422)

QXO operates across all 50 U.S. states and seven Canadian provinces. It reported net sales of $6.842 billion in 2025, with Beacon Roofing Supply included only from its acquisition date that year; second-quarter 2026 net sales were $3.246 billion. Following the July 2026 TopBuild acquisition, QXO projected approximately 28,000 employees and 1,150 locations for the combined company; those figures were announced as projections, rather than a reported post-acquisition count. [3](https://app.finbar.com/go?id=P68524736)[4](https://app.finbar.com/go?id=P156156015)[5](https://app.finbar.com/go?id=P32572207)[6](https://investors.qxo.com/news/news-details/2026/QXO-to-Acquire-TopBuild-for-17-Billion/default.aspx)[7](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)
[1](https://app.finbar.com/go?id=P156155645)[2](https://app.finbar.com/go?id=P156155422)[3](https://app.finbar.com/go?id=P68524736)[4](https://app.finbar.com/go?id=P156156015)[5](https://app.finbar.com/go?id=P32572207)[6](https://investors.qxo.com/news/news-details/2026/QXO-to-Acquire-TopBuild-for-17-Billion/default.aspx)[7](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)[6](https://investors.qxo.com/news/news-details/2026/QXO-to-Acquire-TopBuild-for-17-Billion/default.aspx)[7](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)

## Products & services

QXO’s product range includes residential roofing products, led by asphalt shingles, and non-residential roofing products such as single-ply membranes, insulation and accessories. Complementary building products include waterproofing materials, siding, plywood and OSB, and windows and doors. Its TRI-BUILT private-label line spans residential and commercial roofing, underlayment, fasteners and tools, and polyiso insulation. [8](https://app.finbar.com/go?id=P95294416)[9](https://app.finbar.com/go?id=P73280585)[10](https://www.qxo.com/products/tri-built)

The company also offers project guidance, product training and technical support. Its roofing-insulation offerings include polyiso, coverboard, XPS, EPS and nailboard. Kodiak’s product and service range includes lumber, trusses, windows and doors, construction supplies, waterproofing and roofing products, as well as value-added assembly, fabrication and installation; TopBuild added insulation capabilities and installation reach. QXO describes sales as primarily product transfers and, to a lesser extent, installation and construction services, but does not provide product-category revenue percentages. [11](https://app.finbar.com/go?id=P34631542)[12](https://www.qxo.com/products/roofing-insulation)[13](https://app.finbar.com/go?id=P101860959)[7](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)[14](https://app.finbar.com/go?id=P156155699)
[8](https://app.finbar.com/go?id=P95294416)[9](https://app.finbar.com/go?id=P73280585)[10](https://www.qxo.com/products/tri-built)[11](https://app.finbar.com/go?id=P34631542)[12](https://www.qxo.com/products/roofing-insulation)[13](https://app.finbar.com/go?id=P101860959)[7](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)[14](https://app.finbar.com/go?id=P156155699)[10](https://www.qxo.com/products/tri-built)[12](https://www.qxo.com/products/roofing-insulation)[7](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)

## Geographic presence

QXO’s operating footprint spans all 50 U.S. states and seven Canadian provinces. At December 31, 2025, it reported approximately 600 branch facilities, about 96% in the United States and 4% in Canada; these figures describe branch locations, not revenue. QXO’s current company information reports 1,150 locations across the United States and Canada. [5](https://app.finbar.com/go?id=P32572207) [15](https://www.qxo.com/about-qxo)

The company’s corporate headquarters is in Greenwich, Connecticut, with other large corporate offices in Herndon, Virginia; Coppell, Texas; and Seattle, Washington. [16](https://app.finbar.com/go?id=P66943433) QXO’s Q2 2026 filing reports one operating segment, but the reviewed disclosures do not provide revenue by country, state, or province. [17](https://app.finbar.com/go?id=P156155805)
[5](https://app.finbar.com/go?id=P32572207)[16](https://app.finbar.com/go?id=P66943433)[17](https://app.finbar.com/go?id=P156155805)[15](https://www.qxo.com/about-qxo)

## Business segments

QXO reported one operating segment in its Q2 2026 filing; management reviewed consolidated results, and no separate segment revenue was disclosed. Accordingly, the single reported segment represented 100% of net sales: $3.246 billion in Q2 2026 and $4.976 billion for the six months ended June 30, 2026. [18](https://app.finbar.com/go?id=P156155804)[19](https://app.finbar.com/go?id=T18009416)

Within that segment, Q2 2026 net sales were residential roofing products, $1.266 billion (39.0%); non-residential roofing products, $736 million (22.7%); complementary building products, $1.229 billion (37.9%); and software products and services, $15 million (0.4%). These are product-line shares, not separate reportable segments. [20](https://app.finbar.com/go?id=T18009380) The company describes complementary products as including siding, waterproofing and lumber; its broader product range includes shingles, membranes, insulation, plywood/OSB, windows and doors. [17](https://app.finbar.com/go?id=P156155805)[8](https://app.finbar.com/go?id=P95294416)

As of June 30, 2026, QXO said its segment review following acquisitions was still in progress, so later reporting could reflect a different segment structure. [21](https://app.finbar.com/go?id=P156155807)
[18](https://app.finbar.com/go?id=P156155804)[19](https://app.finbar.com/go?id=T18009416)[19](https://app.finbar.com/go?id=T18009416)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[20](https://app.finbar.com/go?id=T18009380)[17](https://app.finbar.com/go?id=P156155805)[8](https://app.finbar.com/go?id=P95294416)[21](https://app.finbar.com/go?id=P156155807)

## Company history

QXO traces its corporate origins to a company incorporated in 2002 as a subsidiary of iVoice; it became an independent public company in 2004. That year, its subsidiary acquired SWK, Inc., marking an early step in the business software and technology-services operations that preceded QXO. [22](https://www.sec.gov/Archives/edgar/data/1236275/000118518512000562/silversuntech10k123111.htm)[23](https://www.sec.gov/Archives/edgar/data/1236275/000118518518000498/silversun10k123117.htm) In 2011, the company changed its name to SilverSun Technologies. [24](https://www.sec.gov/Archives/edgar/data/1236275/000118518520000350/silversun20191231_10k.htm)

On June 6, 2024, following a $1 billion investment, SilverSun adopted the QXO name and ticker, and Brad Jacobs became chairman and CEO. The company then pursued expansion in building-products distribution through acquisitions: it completed its acquisition of Beacon Roofing Supply in April 2025, acquired Kodiak Building Partners in April 2026, and completed its acquisition of TopBuild in July 2026. [25](https://app.finbar.com/go?id=P93686460)[26](https://app.finbar.com/go?id=P54847680)[27](https://app.finbar.com/go?id=P10078858)[28](https://app.finbar.com/go?id=P156156006)[29](https://app.finbar.com/go?id=P156155784)
[25](https://app.finbar.com/go?id=P93686460)[26](https://app.finbar.com/go?id=P54847680)[27](https://app.finbar.com/go?id=P10078858)[28](https://app.finbar.com/go?id=P156156006)[29](https://app.finbar.com/go?id=P156155784)[22](https://www.sec.gov/Archives/edgar/data/1236275/000118518512000562/silversuntech10k123111.htm)[23](https://www.sec.gov/Archives/edgar/data/1236275/000118518518000498/silversun10k123117.htm)[24](https://www.sec.gov/Archives/edgar/data/1236275/000118518520000350/silversun20191231_10k.htm)

## Sources

1. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156155645)
2. [QXO, Inc. — Press release (2026 Q 2)](https://app.finbar.com/go?id=P156155422)
3. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P68524736)
4. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156156015)
5. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P32572207)
6. [investors.qxo.com](https://investors.qxo.com/news/news-details/2026/QXO-to-Acquire-TopBuild-for-17-Billion/default.aspx)
7. [investors.qxo.com](https://investors.qxo.com/news/news-details/2026/QXO-Completes-Acquisition-of-TopBuild/default.aspx)
8. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P95294416)
9. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P73280585)
10. [www.qxo.com](https://www.qxo.com/products/tri-built)
11. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P34631542)
12. [www.qxo.com](https://www.qxo.com/products/roofing-insulation)
13. [QXO, Inc. — Full financial report (2026 Q 1)](https://app.finbar.com/go?id=P101860959)
14. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156155699)
15. [www.qxo.com](https://www.qxo.com/about-qxo)
16. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P66943433)
17. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156155805)
18. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156155804)
19. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T18009416)
20. [QXO, Inc. — Press release (2026 Q 2)](https://app.finbar.com/go?id=T18009380)
21. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156155807)
22. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1236275/000118518512000562/silversuntech10k123111.htm)
23. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1236275/000118518518000498/silversun10k123117.htm)
24. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1236275/000118518520000350/silversun20191231_10k.htm)
25. [QXO, Inc. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P93686460)
26. [QXO, Inc. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P54847680)
27. [QXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P10078858)
28. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156156006)
29. [QXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P156155784)

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