Latest QXO News & Updates

See the latest news and media coverage for QXO. We track all announcements, press releases, and industry mentions in real time, all in one place.

QXO

Building materials distributor

qxo.com

Company type: Public company
Number of employees: 10,000+
Industry: Construction Materials

Last updated October 12

Latest news about QXO

In short: QXO completed its $17B TopBuild and $2.25B Kodiak acquisitions, posted Q2 growth, and named Ken West president and COO.

Company announcements

September 1 QXO

QXO hires Ken West as President and Chief Operating Officer

The leadership change marks a significant addition to QXO's executive team, aiming to drive operational excellence.

August 24 QXO

QXO appoints Ken West as President and COO

West succeeds effective September 1, bringing extensive operational leadership from Honeywell to lead day-to-day operations.

August 13 QXO

QXO reports second quarter 2026 financial results

Net sales reached $3.25 billion and adjusted EBITDA was $272 million following the TopBuild acquisition

July 1 QXO

QXO completes acquisition of TopBuild expanding building products distribution scale

The deal makes QXO a market leader in insulation and waterproofing, adds installation capabilities, and targets $300 million in annual synergies by 2030.

Media coverage

October 12 Yahoo Finance

Can QXO Double EBITDA by 2030 After Its $15B TopBuild Deal?

QXO's $15B TopBuild deal expands its building products footprint as it targets more than doubling...

September 28 Ad Hoc News

GMS stock rose 21.00 percent after the QXO takeover proposal

GMS stock (ISIN US36254J1025) rose 21.00 percent on September 17, 2026, after a takeover proposal from building-products distributor QXO. As InvestorsHub reported, the move made...

September 22 Ad Hoc News

TopBuild stock exits NYSE after USD 17 billion QXO deal

TopBuild stock exited the NYSE after QXO completed its USD 17.0 billion acquisition on July 1, 2026. The last quoted BLD price was USD 354.53...

September 21 Yahoo Finance

'Big Short' Michael Burry Tunes Out AI 'Woo-Hoos' — Finds Opportunity In Copper, QXO And 3 More Stocks

Burry's indirect AI bet is ERO, saying that data-center construction will intensify copper demand while new mines take 18 years to reach production.

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