Quarterly ResultAug 6, 2026, 02:34 PM
DXP Enterprises Q2 Sales $576.5M (+15.6%), EPS $1.76, Adj. EBITDA $70.4M
AI Summary
DXP Enterprises, Inc. reported strong financial results for the second quarter ended June 30, 2026. The company achieved a 15.6% increase in sales to $576.5 million and a 21.6% rise in net income to $28.7 million. Diluted EPS reached $1.76, and Adjusted EBITDA grew 22.8% to $70.4 million. Free cash flow saw a substantial increase to $29.8 million, and the company completed four acquisitions during the first half of the year, contributing to its growth strategy.
Key Highlights
- Sales increased 15.6% year-over-year to $576.5 million for Q2 2026.
- GAAP diluted EPS was $1.76, up from $1.43 in Q2 2025.
- Adjusted EBITDA rose 22.8% to $70.4 million, with a 12.2% margin.
- Free cash flow significantly increased to $29.8 million from $8.3 million last year.
- Net income for the quarter increased 21.6% to $28.7 million.
- Innovative Pumping Solutions revenue grew 52.6% to $142.7 million.
- Completed four acquisitions through the second quarter of 2026.
Price Impact
More from DXPE