Leases (Tables)

12 Months Ended

Dec. 31, 2025

The following table presents components of lease costs recognized in the consolidated statements of operations:


	Year Ended December 31,
(in millions)		2025		2024
Operating lease costs		$	119.3	$	0.3
Finance lease costs:
Amortization of right-of-use assets		33.1		0.2
Interest on lease obligations		8.1		—
Variable lease costs		13.6		0.2
Total lease costs		$	174.1	$	0.7

The following table presents supplemental cash flow information related to the Company’s leases:


	Year Ended December 31,
(in millions)		2025		2024
Cash paid for amounts included in measurement of lease obligations:
Operating cash outflows from operating leases		$	107.4	$	0.3
Operating cash outflows from finance leases		$	8.0	$	—
Financing cash outflows from finance leases		$	30.3	$	0.2
Right-of-use assets obtained in exchange for new finance lease liabilities		$	34.5	$	0.1
Right-of-use assets obtained in exchange for new operating lease liabilities		$	29.2	$	—

The following table summarizes future lease payments for each of the next five years ending December 31 and thereafter:

The following table summarizes future lease payments for each of the next five years ending December 31 and thereafter:

QXO, Inc. 10-K