Quarterly ResultMay 7, 2026, 05:26 PM
DXP Enterprises Q1 Sales $521.7M, +9.5%; EPS $1.22; Completed 3 Acquisitions
AI Summary
DXP Enterprises reported first quarter 2026 financial results with sales increasing 9.5% year-over-year to $521.7 million. Net income slightly decreased to $20.0 million, resulting in diluted EPS of $1.22. The company achieved strong Adjusted EBITDA of $57.8 million and significantly improved free cash flow to $26.3 million, while also completing three acquisitions during the quarter.
Key Highlights
- Completed three acquisitions during the first quarter of 2026.
- Sales increased 9.5% year-over-year to $521.7 million.
- Net income was $20.0 million, down from $20.6 million in Q1 2025.
- Diluted EPS was $1.22, compared to $1.25 in Q1 2025.
- Adjusted EBITDA rose to $57.8 million from $52.5 million in Q1 2025.
- Free Cash Flow significantly improved to $26.3 million from $(16.9) million.
- Innovative Pumping Solutions revenue grew 37.7% to $118.7 million.
- Service Centers revenue increased 3.3% to $338.0 million.