13.78
+19.20%
Close of 9 Nov 2026, in USD
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About QXO
From its filings with the US Securities and Exchange Commission
QXO is based in Greenwich, Connecticut and is incorporated in Delaware. Its shares trade on NYSE under the ticker QXO. The SEC classifies its business as wholesale-lumber & other construction materials. In the fiscal year to 31 December 2025, it reported revenue of $6.84bn and a net loss of $279.4m. At that date it held total assets of $15.89bn and shareholders' equity of $9.71bn.
QXO, Inc. (“QXO”, “we”, “our”, or the “Company”) was created to build a tech-forward leader in the approximately $800 billion building products distribution sector.
The Company was formerly known as SilverSun Technologies, Inc. (“SilverSun”). On June 6, 2024, we changed the Company’s name from SilverSun to QXO. Prior to the Beacon Acquisition (as defined below), QXO was primarily a technology solutions and professional services company, providing critical software applications, consulting and other professional services, including specialized programming, training and technical support to small and mid-size companies in the manufacturing, distribution and services industries.
On April 29, 2025, the Company completed its acquisition of Beacon Roofing Supply, Inc. (“Beacon”), pursuant to the Agreement and Plan of Merger, dated as of March 20, 2025 (the “Merger Agreement”), by and among QXO, Beacon, and Queen MergerCo, Inc., a Delaware corporation and wholly owned subsidiary of QXO (“Merger Sub”). Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into Beacon (the “Beacon Acquisition”), with Beacon surviving as a wholly owned subsidiary of QXO and being renamed QXO Building Products, Inc. (“QXO Building Products”). QXO Building Products has served the building industry for over 95 years and operates approximately 600 branches throughout all 50 states in the U.S. and seven provinces in Canada.
Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 5 Mar 2004
- Employees
- 7,794
- Website
- silversuntech.com ↗
- Head office
- FIVE AMERICAN LANE, GREENWICH, CT, 06831
- Incorporated in
- DE
- Classification
- Wholesale-Lumber & Other Construction Materials
- Filer status
- Non-accelerated filer
Leadership
Pay as last reported
- Mr. Brad JacobsChairman of the Board, Chief Executive Officer, since 2024$189.4m
- Mr. Ihsan EssaidChief Financial Officer$37.3m
- Mr. Val LiborskiChief Technology Officer
- Mr. Sean SmithChief Accounting Officer$12.7m
- Mr. Eric NelsonChief Information Officer
- Mr. Michael DewittChief Procurement Officer
- Mr. Christopher SignorelloChief Legal Officer$6.0m
- Ms. Allison LandryLead Independent Director$222,953
- Mr. Mario HarikDirector$206,969
- Mr. Jason AikenIndependent Director$214,961
- Ms. Marlene ColucciIndependent Director$213,363
- Ms. Mary KisselIndependent Director$206,969
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- SilverSun Technologies provides ERP and CRM solutions for enterprise asset management in the cloud.
- The company employs 165 full-time staff in East Hanover, New Jersey.
- SilverSun offers dedicated IT network services including cybersecurity and cloud solutions.
Weaknesses
- SilverSun has only 165 full-time employees compared to industry standards.
- The company's services are concentrated in the New York/New Jersey metropolitan area.
- SilverSun's customer base is limited to specific U.S. regions like Arizona and Southern California.
Opportunities
- Expanding into new U.S. regions such as North Carolina and Washington could increase market reach.
- SilverSun can leverage its ERP and CRM solutions for broader enterprise adoption.
- The growing demand for cloud-based business management solutions presents a key opportunity.
Threats
- Competition from larger IT firms in the Information Technology sector is increasing.
- The New York/New Jersey metropolitan area faces economic volatility affecting business services.
- Regulatory changes in the Financials sector could impact SilverSun's financial reporting solutions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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