Quarterly ResultMay 7, 2026, 05:32 PM
DXP Enterprises Q1 Sales $521.7M, +9.5%; Net Income $20.0M; Acquired 3 Businesses
AI Summary
DXP Enterprises reported Q1 2026 sales of $521.7 million, a 9.5% increase year-over-year, while net income slightly decreased by 3.0% to $20.0 million. Diluted EPS was $1.22, down 2.4% from the prior year. The company significantly increased cash provided by operating activities to $29.6 million and completed three business acquisitions totaling $126.3 million during the quarter.
Key Highlights
- Acquired three businesses for $126.3 million in Q1 2026.
- Q1 2026 sales increased 9.5% to $521.7 million from $476.6 million YoY.
- Net income for Q1 2026 was $20.0 million, a 3.0% decrease from $20.6 million YoY.
- Diluted EPS for Q1 2026 was $1.22, down 2.4% from $1.25 YoY.
- Cash provided by operating activities surged to $29.6 million from $3.0 million YoY.
- Service Centers segment sales reached $338.0 million in Q1 2026.
- Innovative Pumping Solutions segment sales were $118.7 million in Q1 2026.
- Long-term debt, net of costs, was $817.4 million as of March 31, 2026.
Price Impact
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