DXP Enterprises, Inc.

DXP Enterprises, Inc. Earnings Recaps

DXPE Industrials 2 recaps
Q1 2026 May 8, 2026

Shares dropped 14% as investors signaled disappointment with the lack of clear outlook visibility and uneven sales momentum despite solid margin expansion and modest growth. The cautious tone on sales patterns and ongoing SG&A headwinds amid acquisition-related cost pressure weighed on confidence.

Key takeaways
  • Revenue rose 9.5% to $521.7 million, driven by a blend of organic growth and acquisitions, with sales per business day improving to $8.28 million.
  • Gross margin expanded nearly 80 basis points to 32.3%, benefiting from pricing discipline and product mix shifts toward higher-value engineered solutions.
  • Adjusted EBITDA margin came in at 11.1% with adjusted diluted EPS of $1.26; however, SG&A costs included discrete, one-time items linked to health care claims volatility and acquisition-related legal and audit expenses.
  • Sales trends showed weakness early in the quarter (notably January), only partially offset by improvements in February and March, raising concerns about demand consistency.
  • Segment performance was mixed: Innovative Pumping Solutions delivered strong 37.7% growth but lower-growth Service Centers (+3.3%) and Supply Chain Services (+2.7%) tempered overall results; Supply Chain still ramping new customer programs with gradual improvement expected.
Full recap
Q3 2025 Nov 8, 2025

DXP Enterprises delivered robust Q3 2025 results with total sales up 8.6% year-over-year, propelled by strong demand across key segments and a notable 11% adjusted EBITDA margin.

Key takeaways
  • Total revenue reached $513.7 million, driven by significant growth in Innovative Pumping Solutions (up 11.9%) and Service Centers (up 10.5%).
  • Year-to-date sales increased 11.8%, while adjusted EBITDA rose 17.6%, affirming the effectiveness of growth strategies and operational resilience.
  • Gross profit margins improved to 31.4%, a 50 basis point increase compared to the previous year, demonstrating ongoing efficiency enhancements.
  • Supply Chain Services experienced a decline of 5% year-over-year; however, demand is expected to rebound as new customer implementations gain traction into 2026.
  • Continued focus on acquisitions and organic growth positions DXP favorably for future expansion as the fiscal year concludes and enters 2026.
Full recap