QXO (SSNT) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChart

QXO Revenue Highlights


Latest Revenue (Y)

$54.52M

Latest Revenue (Q)

$14.44M

Main Segment (Y)

Ancillary Revenue Member

QXO Revenue by Period


QXO Revenue by Year

DateRevenueChange
2023-12-31$54.52M21.19%
2022-12-31$44.99M7.87%
2021-12-31$41.70M1.17%
2020-12-31$41.22M7.06%
2019-12-31$38.50M-6.09%
2018-12-31$41.00M17.64%
2017-12-31$34.85M2.14%
2016-12-31$34.12M23.44%
2015-12-31$27.64M28.78%
2014-12-31$21.46M23.35%
2013-12-31$17.40M32.03%
2012-12-31$13.18M25.25%
2011-12-31$10.52M40.54%
2010-12-31$7.49M0.97%
2009-12-31$7.41M-4.01%
2008-12-31$7.72M4.69%
2007-12-31$7.38M12.03%
2006-12-31$6.59M57.55%
2005-12-31$4.18M145.41%
2004-12-31$1.70M126068.96%
2003-12-31$1.35K-

QXO generated $54.52M in revenue during NA 2023, up 21.19% compared to the previous quarter, and up 132.97% compared to the same period a year ago.

QXO Revenue by Quarter

DateRevenueChange
2024-03-31$14.44M-1.86%
2023-12-31$14.71M9.58%
2023-09-30$13.42M1.25%
2023-06-30$13.26M0.99%
2023-03-31$13.13M5.82%
2022-12-31$12.41M13.64%
2022-09-30$10.92M2.62%
2022-06-30$10.64M-3.50%
2022-03-31$11.02M5.16%
2021-12-31$10.48M3.69%
2021-09-30$10.11M-1.17%
2021-06-30$10.23M-5.98%
2021-03-31$10.88M-3.80%
2020-12-31$11.31M11.32%
2020-09-30$10.16M5.03%
2020-06-30$9.67M-4.03%
2020-03-31$10.08M1.12%
2019-12-31$9.97M-1.38%
2019-09-30$10.11M-3.05%
2019-06-30$10.43M-0.64%
2019-03-31$10.49M-2.12%
2018-12-31$10.72M-5.02%
2018-09-30$11.29M16.56%
2018-06-30$9.68M4.01%
2018-03-31$9.31M6.35%
2017-12-31$8.75M-8.69%
2017-09-30$9.59M12.67%
2017-06-30$8.51M6.32%
2017-03-31$8.00M-2.89%
2016-12-31$8.24M-13.57%
2016-09-30$9.53M11.34%
2016-06-30$8.56M10.00%
2016-03-31$7.78M-3.03%
2015-12-31$8.03M11.50%
2015-09-30$7.20M21.38%
2015-06-30$5.93M-8.51%
2015-03-31$6.48M24.73%
2014-12-31$5.20M-14.60%
2014-09-30$6.09M15.82%
2014-06-30$5.25M6.71%
2014-03-31$4.92M-3.63%
2013-12-31$5.11M16.80%
2013-09-30$4.37M13.03%
2013-06-30$3.87M-4.29%
2013-03-31$4.04M8.41%
2012-12-31$3.73M7.55%
2012-09-30$3.47M12.92%
2012-06-30$3.07M5.59%
2012-03-31$2.91M7.87%
2011-12-31$2.70M13.70%
2011-09-30$2.37M-11.90%
2011-06-30$2.69M-2.51%
2011-03-31$2.76M40.72%
2010-12-31$1.96M2.84%
2010-09-30$1.91M6.76%
2010-06-30$1.79M-2.26%
2010-03-31$1.83M9.95%
2009-12-31$1.66M-10.64%
2009-09-30$1.86M3.32%
2009-06-30$1.80M-13.76%
2009-03-31$2.09M3.76%
2008-12-31$2.01M9.78%
2008-09-30$1.83M-4.88%
2008-06-30$1.93M-1.14%
2008-03-31$1.95M7.39%
2007-12-31$1.82M-

QXO generated $14.44M in revenue during Q1 2024, up -1.86% compared to the previous quarter, and up 116.36% compared to the same period a year ago.

QXO Revenue Breakdown


QXO Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Software Member$14.11M$11.78M---
Ancillary Revenue Member$16.56M$15.09M---
Maintenance$5.20M$4.99M$6.48M$7.15M$7.72M
ConsultingServiceRevenueMember--$13.26M$13.62M-
AncillaryRevenueMember--$14.09M$12.79M-
SoftwareMember--$7.86M$7.66M-
Consulting Service Revenue----$12.06M
Ancillary Revenue----$11.85M

QXO's latest annual revenue breakdown by segment (product or service), as of Dec 23: Ancillary Revenue Member (46.15%), Software Member (39.34%), and Maintenance (14.51%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Maintenance$1.57M$2.59M$1.24M$1.38M$1.07M$1.38M$1.28M$1.69M$1.67M$1.85M$1.89M$1.97M$1.59M$1.70M$1.93M$2.36M$1.77M---
Software Member$3.48M$7.49M$3.30M$3.32M$3.91M$2.48M--------------
Ancillary Revenue Member$4.48M$8.30M$4.17M$4.09M$3.93M$3.88M--------------
AncillaryRevenueMember------$3.48M$3.60M$3.50M$3.51M$3.68M$3.25M$2.80M-------
SoftwareMember------$2.54M$1.55M$1.76M$2.00M----------
ConsultingServiceRevenueMember------$3.18M$3.27M$3.30M$3.51M$3.42M$3.30M$3.36M-------
Ancillary Revenue-------------$3.06M$2.98M$2.92M$3.69M$3.48M--
Consulting Service Revenue-------------$3.55M$3.08M$2.96M$3.36M$3.28M--
Management Service-----------------$2.00M--
Product------------------$1.52M$1.68M
Service Net------------------$9.20M$9.61M

QXO's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Ancillary Revenue Member (46.98%), Software Member (36.51%), and Maintenance (16.50%).

QXO Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ENVEnvestnet$1.25B$348.27M
CWANClearwater Analytics$368.17M$106.79M
ENFNEnfusion$174.53M$49.45M
EXFYExpensify$150.69M$33.29M
SURGSurgePays$137.14M$31.43M
EGANeGain$98.01M$22.35M
RDVTRed Violet$60.20M$19.06M
SSNTQXO$54.52M$14.44M
VQSVIQ Solutions$45.84M$10.10M
SBIGSpringBig$28.05M$6.47M
EZFLEZFill$23.22M$7.40M
LYTLytus Technologies PTV.$19.01M$4.83M
IDBAIDEX Biometrics ASA$4.09M$1.46M

SSNT Revenue FAQ


QXO's yearly revenue for 2023 was $54.52M, representing an increase of 21.19% compared to 2022. The company's yearly revenue for 2022 was $44.99M, representing an increase of 7.87% compared to 2021. SSNT's yearly revenue for 2021 was $41.7M, representing an increase of 1.17% compared to 2020.

QXO's quarterly revenue for Q1 2024 was $14.44M, a -1.86% decrease from the previous quarter (Q4 2023), and a 9.96% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $14.71M, a 9.58% increase from the previous quarter (Q3 2023), and a 18.56% increase year-over-year (Q4 2022). SSNT's quarterly revenue for Q3 2023 was $13.42M, a 1.25% increase from the previous quarter (Q2 2023), and a 22.96% increase year-over-year (Q3 2022).

QXO's revenue growth rate for the last 3 years (2021-2023) was 30.73%, and for the last 5 years (2019-2023) was 41.59%.

QXO's revenue streams in c 23 are Software Member, Ancillary Revenue Member, and Maintenance. Software Member generated $14.11M in revenue, accounting 39.34% of the company's total revenue, up 19.77% year-over-year. Ancillary Revenue Member generated $16.56M in revenue, accounting 46.15% of the company's total revenue, up 9.74% year-over-year. Maintenance generated $5.2M in revenue, accounting 14.51% of the company's total revenue, up 4.21% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of QXO was Ancillary Revenue Member. This segment made a revenue of $16.56M, representing 46.15% of the company's total revenue.