QXO, Inc. Announces Term Loan Refinancing and Preliminary Q3 2025 Financial Results

QXO, Inc. (NYSE: QXO) has launched a refinancing of its Term Loan B, subject to market and other conditions. The company provided preliminary financial results for the third quarter ended September 30, 2025, including net sales of $2.73 billion, a GAAP net loss of $139 million, and adjusted EBITDA of $302 million. The refinancing aims to maintain total net debt consistency. The preliminary results are unaudited and subject to change. QXO is a leading distributor of roofing and building products in North America, aiming to become a tech-enabled leader in the industry. The company expects to file its quarterly report on Form 10-Q on November 6, 2025.