QXO, Inc. appointed Ken West as President and Chief Operating Officer, effective September 1, 2026. Mr. West joins from Honeywell Technologies, where he most recently served as President and CEO of Honeywell Process Technology. His compensation package includes an annual base salary of $850,000 and a target bonus equal to 125% of his base salary. He will receive equity awards consisting of time-based RSUs valued at $867,808, performance-based PSUs valued at $867,808, an equity sign-on award of RSUs valued at $5,500,000, and a new hire incentive award of RSUs valued at $2,500,000. QXO is a leading distributor and installer of building products.

QXO, Inc. reported financial results for the fiscal quarter ended June 30, 2026. Net sales increased to $3.25 billion from $1.91 billion in the prior-year period, driven by the inclusion of Kodiak Building Partners' operational results since its April 1, 2026 acquisition. The company reported a net loss of $55 million and an Adjusted EBITDA of $272 million for the quarter. Basic and diluted loss per common share was $(0.14), while Adjusted Diluted EPS was $0.08. Following the completion of the TopBuild acquisition on July 1, QXO is now the second-largest publicly traded building products distributor in North America. The company operates as a leading distributor and installer of building products.

QXO, Inc. filed a prospectus supplement to its Form S-3ASR registration statement to cover the resale by certain selling stockholders of 41,405,099 shares of common stock issuable upon conversion of Series C Convertible Perpetual Preferred Stock and 96,267 shares of Preferred Stock. This filing is in satisfaction of its obligations under an Investment Agreement dated January 5, 2026. QXO, Inc. operates in the business of a holding company for various strategic investments.

QXO, Inc. completed the acquisition of TopBuild Corp. on July 1, 2026, involving approximately $6.4 billion in cash and 312.5 million shares of QXO common stock. To fund the transaction, the company entered into a $3.0 billion incremental term loan facility maturing in 2033. QXO also increased its authorized common stock from 2 billion to 4 billion shares and increased authorized Series C Preferred Stock from 200,000 to 300,000 shares. QXO, Inc. is a corporation that operates in the building products industry through its various subsidiaries.

QXO, Inc. announced the final results of tender offers and consent solicitations for TopBuild Corp. senior notes, with 99.54% of the 2032 notes and 99.75% of the 2034 notes validly tendered. The company also reported the results of a stockholder election regarding the form of merger consideration for the TopBuild acquisition. QXO, Inc. is a Delaware corporation involved in strategic acquisitions and corporate restructuring.