Commission File Number: 001-38063 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ____________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to QXO, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation ...

Exhibit 99.1 QXO Reports Second Quarter 2025 Results GREENWICH, Conn. — August 14, 2025 — QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today announced its financial results for the second quarter 2025. The Company reported a basic and diluted loss per common share of $(0.15) and an Adjusted Diluted Earnings per Common Share ("Adjusted Diluted EPS"), a non-GAAP financial measure, of $0.11 for the three months ended June 30, 2025. SECOND QUARTER 2025 SUMMARY RESULTS | | | | Three Months Ended June 30, | | | ...

QXO, Inc. (QXO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may ...

Core Insights - In the current economic climate, new analyst coverage is increasingly valuable for investors navigating volatility, with the Federal Reserve maintaining interest rates and signaling potential cuts in 2025, amid rising concerns about stagflation as GDP growth slows to 1.4% and inflation rises to 3% [1][2] Analyst Coverage Importance - New analyst coverage provides timely insights, updated models, and context on how companies may perform amid inflationary pressures, cost volatility, and weakening demand [2][3] - Analysts possess specialized knowledge and expertise, offering critical insights into a company's financial health, growth potential, competitive standing, and industry trends, which are often difficult for individual investors to acquire independently [3][5] - Coverage initiation on a stock typically indicates higher investor interest, as investors believe that the company under coverage holds significant value [4][6] Market Impact of Analyst Coverage - New analyst coverage can lead to immediate stock price volatility, with positive ratings attracting bullish sentiment and driving share prices higher, while neutral or negative ratings may trigger sell-offs [8] - Favorable coverage from multiple analysts can enhance investor confidence, leading to sustained upward momentum in valuation [8][10] Recent Stock Highlights - Recent analyst coverage on Karooooo Ltd. (KARO), OppFi Inc. (OPFI), QXO, Inc. (QXO), and United Fire Group, Inc. (UFCS) reflects analyst confidence despite economic uncertainty, with each stock seeing recent EPS estimate hikes [10] - Karooooo shares have gained 36.4% in the past three months, with a fiscal 2026 EPS estimate increase to $1.87, indicating 14.7% year-over-year growth [14] - OppFi shares have gained 73.2% in the past three months, with a 2025 EPS estimate increase to $1.23, indicating 29.5% year-over-year growth [15] - QXO shares have gained 78% in the past three months, with a 2025 EPS estimate improving to 39 cents from a loss of 12 cents [16] - United Fire Group shares have gained 9.4% in the past three months, with a 2025 EPS estimate increase to $3.50, indicating a 2.4% year-over-year decline [17] Screening Criteria for Stocks - Stocks with increased analyst coverage and improving average ratings are prioritized, with additional parameters including a stock price greater than or equal to $5 and an average daily volume greater than or equal to 100,000 shares [11][12]

Core Viewpoint - QXO, Inc. has seen a 21.9% increase in share price over the past four weeks, closing at $20.73, with analysts suggesting a potential upside of 65.6% based on a mean price target of $34.33 [1][11]. Price Targets and Analyst Estimates - The mean price target consists of three short-term estimates with a standard deviation of $8.74, indicating variability among analysts. The lowest estimate is $27.00 (30.3% increase), while the highest is $44.00 (112.3% increase) [2][9]. - Analysts' price targets can often mislead investors, as empirical research shows that they rarely indicate actual stock price movements [7][10]. - A low standard deviation in price targets suggests a strong agreement among analysts regarding the stock's price direction, which can serve as a starting point for further research [9]. Earnings Estimates and Analyst Sentiment - There is growing optimism among analysts regarding QXO's earnings prospects, supported by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11][12]. - Over the past 30 days, one estimate has increased with no negative revisions, leading to a 425% increase in the Zacks Consensus Estimate for the current year [12]. - QXO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13]. Conclusion on Price Movement - While the consensus price target may not be a reliable measure of QXO's potential gains, the implied direction of price movement appears to be a useful guide for investors [14].

Company Insights - Marathon Petroleum Corporation (MPC) reported first-quarter total revenues and other income of $31.85 billion, exceeding the consensus estimate of $29.58 billion [1] - The adjusted EPS loss for Marathon Petroleum was $(0.24), an improvement from $(2.58) a year earlier, and better than the analyst consensus estimate of $(0.53) [1] - Aurora Innovation posted a first-quarter GAAP loss of 12 cents per share, which was in line with estimates [2] - QXO, Inc. proposed to acquire GMS for $95.20 per share in cash [2] - Toast (TOST) received a Buy rating from Truist Securities analyst Matthew Coad, with a price target of $48 [3] Stock Performance - Marathon Petroleum shares increased by 1.1% to settle at $167.52 [6] - Aurora Innovation shares rose by 2.1% to close at $5.40 [6] - QXO shares gained 1.4% to settle at $24.12 [6] - Toast shares experienced a 2.4% increase, closing at $42.49 [6]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive employs technology to enhance workflows and has a forward-looking approach to technology adoption [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Group 1 - QXO has proposed to acquire GMS for approximately $5 billion, offering $95.20 per share, which is a 27% premium over GMS's 60-day volume-weighted average price of $74.82 [1] - GMS's stock rose nearly 11% to $81.01 following the announcement, with after-hours trading pushing it up an additional 17.27% to around $95 [1] - QXO's CFO emphasized the straightforward nature of the offer, stating it is at the upper end of their valuation range [1] Group 2 - Following the acquisition of Beacon Roofing Supply, QXO has become the largest publicly traded building products distributor in the U.S., with a market capitalization nearing $13 billion after a 42% increase in stock price this year [2] - QXO is willing to sign a confidentiality agreement with GMS, provided it does not include clauses that would hinder direct communication with GMS shareholders [2] - QXO has engaged Goldman Sachs and Morgan Stanley as financial advisors and Wharton & Garrison as legal counsel for the acquisition proposal [2]

Core Viewpoint - QXO, Inc. is showing a significantly improving earnings outlook, making it a potentially solid investment choice as analysts continue to raise their earnings estimates for the company [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding QXO's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, QXO is projected to earn $0.09 per share, reflecting a -97.2% change from the previous year, but the Zacks Consensus Estimate has increased by 280% over the last 30 days due to one upward revision [6]. - For the full year, the earnings estimate stands at $0.35 per share, representing a +450% change from the year-ago figure, with one estimate moving up and no negative revisions in the past month [7]. Zacks Rank - QXO has achieved a Zacks Rank 2 (Buy), supported by favorable estimate revisions, which is a reliable tool for investors to leverage earnings estimate trends for investment decisions [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, indicating a strong potential for QXO's stock [8]. Stock Performance - QXO shares have increased by 23.5% over the past four weeks, suggesting that investors are responding positively to the company's impressive estimate revisions [9].

Core Viewpoint - QXO, Inc. shows significant potential for upside, with a mean price target of $34.33 indicating a 70.8% increase from the current trading price of $20.10, which has already gained 23.5% over the past four weeks [1]. Price Targets and Analyst Consensus - The average price target for QXO ranges from a low of $27 to a high of $44, with a standard deviation of $8.74, suggesting variability in analyst estimates. The lowest estimate indicates a 34.3% increase, while the highest suggests an 118.9% upside [2]. - A low standard deviation among price targets indicates strong agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9]. Earnings Estimates and Analyst Optimism - Analysts have shown growing optimism regarding QXO's earnings prospects, as evidenced by a positive trend in earnings estimate revisions. This trend has a strong correlation with near-term stock price movements [11]. - Over the last 30 days, one earnings estimate for QXO has increased, leading to a Zacks Consensus Estimate rise of 391.7% [12]. Zacks Rank and Investment Potential - QXO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13].