Every 10-Q that DXP Enterprises Inc (DXPE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DXPE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DXPE filings page.
DXP Enterprises, Inc. reported higher results for the second quarter and first six months of 2026. Q2 sales were $576.5 million and net income was $28.7 million, up from $498.7 million and $23.6 million a year earlier. For the first half, sales reached about $1.1 billion with net income of $48.7 million. Gross margin improved to 32.0% for the half, while operating margin remained 8.9%. Service Centers and Innovative Pumping Solutions together generated $967.3 million in sales, including $90.6 million from recent acquisitions.
The company deployed total purchase consideration of about $135.6 million for four acquisitions focused on water and wastewater and rotating equipment, adding $63.8 million of goodwill. Operating cash flow rose to $62.0 million and free cash flow to $56.0 million, supporting a cash balance of $226.6 million at June 30, 2026.
Total debt was $842.5 million, largely a $841.6 million Senior Secured Term Loan B maturing in 2030, with a Secured Leverage Ratio of 2.30 to 1.00 and ABL borrowing availability of $147.9 million. After quarter-end, DXP expanded its ABL facility to $225.0 million through 2031, acquired Mequipco Ltd. to build its Canadian water and wastewater presence, and received an S&P credit rating upgrade to B+.
DXP Enterprises, Inc. delivered higher revenue in the first quarter of 2026 but slightly lower profit year over year. Sales rose to $521.7 million, up 9.5% from 2025, driven by growth in all three segments and $40.7 million of acquisition-related sales. Gross margin improved to 32.3%, yet operating margin eased to 8.1% as selling, general and administrative costs increased.
Net income was $20.0 million with diluted earnings per share of $1.22, compared with $1.25 a year earlier, reflecting higher interest expense on the refinanced Term Loan B. The company generated $26.3 million of free cash flow, a sharp improvement from negative free cash flow in the prior year period, while investing about $126.3 million to acquire three businesses.
DXP ended the quarter with $213.4 million of cash, $844.7 million of total debt, and availability of $153.3 million on its asset‑based revolver, resulting in a secured leverage ratio of 2.59 to 1. The company notes an ongoing IRS examination of research tax credits; if those credits are reduced or disallowed, it states this could have a material adverse effect on its business and financial condition.
DXP Enterprises (DXPE) reported solid third‑quarter performance. Sales rose to $513.7 million from $472.9 million, with growth led by Service Centers and Innovative Pumping Solutions. Gross margin improved to 31.4% from 30.9%, and operating income increased to $43.7 million from $39.6 million. Diluted EPS was $1.31 versus $1.27 a year ago.
Year‑to‑date, sales reached $1.49 billion (from $1.33 billion) and diluted EPS was $3.98 (from $2.93), reflecting both organic expansion and contributions from acquisitions. Net cash from operations was $56.5 million. The company ended the quarter with $123.8 million in cash and $643.0 million outstanding on its Term Loan B; its Secured Leverage Ratio was 2.31x versus a 5.50x covenant. ABL commitments were increased to $185.0 million with $153.4 million of availability. DXP repurchased 19.2 thousand shares for $2.0 million and completed three acquisitions year‑to‑date; two additional acquisitions closed on October 1 and November 1, 2025, funded with cash.