MEDIUMOutside partySupplier
top-3 suppliers
“10-K Item 1A: 'we had three suppliers that each contributed 10% or more of total purchases and, in total, represented nearly 35% of total purchases'”
QXO · Concentration risk · 10-K extracted
QXO (QXO) concentration risks
Updated
The most significant concentration QXO discloses is top-3 suppliers, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: QXO’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's single disclosed concentration is supplier-side and moderate. Three suppliers each contributed 10% or more of total purchases and together represented nearly 35% of total purchases — a medium-share dependency by disclosed size. The character is dependency: input procurement leans on a small set of vendors, so a disruption, price increase, or terms change at one of them could pressure costs. No single supplier is broken out beyond that shared disclosure threshold, so the exposure is spread across that small group rather than pinned to one name, and there is no disclosed customer, geographic, or product concentration to compound it. On balance this is a contained, well-disclosed supplier concentration: it warrants monitoring the pricing and availability terms of the three largest vendors, but on its own does not look likely to move the investment verdict.
For the engine’s reasoning on QXO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Industrial Distribution
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CNM | Core & Main, Inc. | 1 | 2 | 0 | 3 |
| AIT | Applied Industrial Technologies | 1 | 0 | 0 | 1 |
| DNOW | DNOW Inc. | 0 | 1 | 0 | 1 |
| DXPE | DXP Enterprises, Inc. | 0 | 1 | 0 | 1 |
| QXO● | QXO, Inc. | 0 | 1 | 0 | 1 |
| FAST | Fastenal Company | 0 | 0 | 1 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.