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QXO files financial statements for Kodiak, TopBuild acquisitions

May 18, 2026 6:15 AM

QXO, Inc. (NASDAQ: QXO) filed financial statements and pro forma information related to its acquisitions of Kodiak Building Partners Inc. and TopBuild Corp., according to a Form 8-K filing.

The company completed the acquisition of QXO Building Products, Inc., formerly Beacon Roofing Supply, Inc., on April 29, 2025. QXO acquired Kodiak Building Partners Inc. on April 1, 2026, and entered into an agreement to acquire TopBuild Corp. on April 20, 2026.

The filing includes audited consolidated financial statements for Kodiak as of December 31, 2025, and unaudited condensed consolidated financial statements as of March 31, 2026. For TopBuild, the filing contains audited consolidated financial statements as of December 31, 2025 and 2024, covering operations for the years ended December 31, 2025, 2024 and 2023.

QXO also provided unaudited pro forma combined financial statements for all acquired companies. The pro forma statements for the three months ended March 31, 2026, and year ended December 31, 2025, present the acquisitions as if they occurred on January 1, 2025. The pro forma balance sheet as of March 31, 2026, shows the Kodiak and TopBuild acquisitions as if completed on March 31, 2026.

The filing includes consents from KPMG LLP, Kodiak's independent auditor, and PricewaterhouseCoopers LLP, TopBuild's independent registered public accounting firm. The document states it does not modify or update QXO's existing financial statements in its Annual Report on Form 10-K for 2025 or Quarterly Report on Form 10-Q for the first quarter of 2026.

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Corporate News Mergers and Acquisitions

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