Quarterly ResultApr 30, 2026, 07:47 AM
DSGR Q1 Net Income $0.38M, EPS $0.01; Eastern Valve Acquired
AI Summary
Distribution Solutions Group, Inc. (DSGR) reported Q1 2026 revenue of $496.0 million, a 3.8% increase year-over-year. However, net income significantly decreased to $0.38 million from $3.26 million in Q1 2025, with diluted EPS falling to $0.01 from $0.07. During the quarter, DSGR acquired Eastern Valve & Control Specialties Ltd. for $16.2 million, expanding its Canadian market footprint. The company also saw increased cash usage in operating and investing activities.
Key Highlights
- Eastern Valve Acquisition for $16.2 million on March 9, 2026.
- Q1 2026 Revenue: $496.0 million, up 3.8% from $478.0 million in Q1 2025.
- Q1 2026 Net Income: $0.38 million, down from $3.26 million in Q1 2025.
- Q1 2026 Diluted EPS: $0.01, down from $0.07 in Q1 2025.
- Net cash used in operating activities increased to $(20.4) million from $(4.8) million.
- Net cash used in investing activities increased to $(21.8) million from $(5.1) million.
- Amended Credit Agreement provides $400M revolving facility and $700M term loan.
- Goodwill increased by $7.9 million due to acquisitions in Canada Branch Division.
Price Impact
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