Quarterly ResultApr 30, 2026, 06:22 AM
WCC Q1 Net Sales +14% to $6.1B; Adj EPS $3.37, +52.5%; Raises 2026 Outlook
AI Summary
Wesco International reported an exceptional start to 2026 with record first-quarter net sales of $6.1 billion, a 14% year-over-year increase, and organic sales growth of 12%. Adjusted diluted EPS surged by 52.5% to $3.37. The company also achieved record total company backlog, up 22%, and significantly improved operating cash flow to $221 million. Reflecting these strong results and positive business momentum, Wesco is raising its full-year 2026 outlook.
Key Highlights
- Record Q1 net sales of $6.1 billion, up 14% YOY.
- Organic sales increased by 12.3% YOY.
- Adjusted diluted EPS rose 52.5% to $3.37.
- Data center sales reached $1.4 billion, up ~70% YOY.
- Record total company backlog, up 22% YOY.
- Adjusted EBITDA margin expanded by 60 basis points to 6.4%.
- Operating cash flow increased by $193 million to $221 million.
- WESCO raised its full-year 2026 outlook.