DXP Enterprises Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), DXP Enterprises Inc reported revenue of $2.0B (+11.9% year on year) and net income of $88.7M (+25.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Sales | $2.0B | $1.8B | $1.7B | $1.5B |
| Cost of sales | $1.4B | $1.2B | $1.2B | $1.1B |
| Gross profit | $635.9M | $556.3M | $505.3M | $422.0M |
| Selling, general and administrative expenses | $459.1M | $410.9M | $366.6M | $324.3M |
| Income from operations | $176.9M | $145.4M | $138.7M | $97.8M |
| Interest expense | $60.5M | $63.9M | $53.1M | $29.1M |
| Other (income) expense, net | ($2.9M) | ($3.5M) | ($1.4M) | $2.7M |
| Income before income taxes | $119.2M | $85.0M | $86.9M | $65.9M |
| Provision for income taxes (Note 10) | $30.5M | $14.5M | $18.1M | $17.8M |
| Net income | $88.7M | $70.5M | $68.8M | $48.2M |
| Preferred stock dividend | $90.0K | $90.0K | $90.0K | $90.0K |
| Net income attributable to common shareholders | $88.6M | $70.4M | $68.7M | $48.1M |
| Foreign currency translation adjustments | $3.0M | ($2.4M) | $435.0K | ($2.4M) |
| Comprehensive income | $91.7M | $68.1M | $69.2M | $45.7M |
| Basic (in dollars per share) | $5.65 | $4.44 | $4.07 | $2.58 |
| Diluted (in dollars per share) | $5.37 | $4.22 | $3.89 | $2.47 |
| Basic (in shares) | 15.7M | 15.9M | 16.9M | 18.6M |
| Diluted (in shares) | 16.5M | 16.7M | 17.7M | 19.5M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Sales | $576.5M | $521.7M | $513.7M | $498.7M |
| Cost of sales | $393.4M | $353.1M | $352.5M | $340.9M |
| Gross profit | $183.1M | $168.6M | $161.3M | $157.8M |
| Selling, general and administrative expenses | $127.6M | $126.1M | $117.6M | $111.8M |
| Income from operations | $55.5M | $42.5M | $43.7M | $46.0M |
| Interest expense | $16.8M | $16.4M | $14.9M | $14.7M |
| Other income, net (Note 15) | ($1.1M) | ($594.0K) | ($648.0K) | $354.0K |
| Income before income taxes | $39.7M | $26.6M | $29.5M | $31.6M |
| Provision for income taxes (Note 7) | $11.0M | $6.6M | $7.8M | $8.0M |
| Net income | $28.7M | $20.0M | $21.6M | $23.6M |
| Preferred stock dividend | $22.0K | $23.0K | $23.0K | $22.0K |
| Net income attributable to common shareholders | $28.7M | $20.0M | $21.6M | $23.6M |
| Foreign currency translation adjustments | ($1.5M) | ($1.5M) | ($709.0K) | $2.6M |
| Comprehensive income | $27.2M | $18.5M | $20.9M | $26.2M |
| Basic (in dollars per share) | $1.85 | $1.28 | $1.38 | $1.50 |
| Diluted (in dollars per share) | $1.76 | $1.22 | $1.31 | $1.43 |
| Basic (in shares) | 15.5M | 15.5M | 15.7M | 15.7M |
| Diluted (in shares) | 16.3M | 16.4M | 16.5M | 16.5M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash | $303.8M | $148.3M | $173.1M | $46.0M |
| Restricted cash | $0 | $91.0K | $91.0K | $91.0K |
| Accounts receivable, net of allowance of $3,995 and $5,172, respectively | $397.5M | $339.4M | $311.2M | $320.9M |
| Inventories | $108.1M | $103.1M | $103.8M | $101.4M |
| Costs and estimated profits in excess of billings | $53.9M | $50.7M | $42.3M | $23.6M |
| Prepaid expenses and other current assets | $47.0M | $20.3M | $18.0M | $21.6M |
| Total current assets | $910.3M | $661.9M | $648.6M | $516.1M |
| Property and equipment, net | $114.8M | $81.6M | $61.6M | $46.0M |
| Goodwill | $494.6M | $452.3M | $344.0M | $333.8M |
| Other intangible assets, net | $81.4M | $85.7M | $63.9M | $79.6M |
| Operating lease right of use assets, net | $74.7M | $46.6M | $48.7M | $57.4M |
| Other long-term assets | $9.4M | $21.5M | $10.6M | $4.5M |
| Total assets | $1.7B | $1.3B | $1.2B | $1.0B |
| Current maturities of debt | $8.6M | $6.6M | $5.5M | $4.4M |
| Trade accounts payable | $116.8M | $103.7M | $96.5M | $100.8M |
| Accrued wages and benefits | $51.2M | $41.6M | $36.2M | $26.3M |
| Customer advances | $15.5M | $13.7M | $12.2M | $20.1M |
| Billings in excess of costs and estimated profits | $15.7M | $12.7M | $9.5M | $10.4M |
| Short-term operating lease liabilities | $19.0M | $14.9M | $15.4M | $18.1M |
| Other current liabilities | $45.8M | $50.8M | $48.9M | $32.9M |
| Total current liabilities | $272.5M | $244.0M | $224.2M | $212.9M |
| Long-term debt, net of unamortized debt issuance costs and discounts | $818.5M | $621.7M | $520.7M | $409.2M |
| Long-term operating lease liabilities | $57.5M | $33.2M | $34.3M | $40.2M |
| Other long-term liabilities | $38.3M | $27.9M | $17.4M | $4.7M |
| Total long-term liabilities | $914.2M | $682.7M | $572.4M | $459.0M |
| Total liabilities | $1.2B | $926.7M | $796.6M | $671.9M |
| Series A preferred stock, $1.00 par value; 1,000,000 shares authorized. Series B preferred stock, $1.00 par value; 1,000,000 shares authorized | 16.0K | 16.0K | 16.0K | 16.0K |
| Common stock, $0.01 par value, 100,000,000 shares authorized; 20,403,647 issued and 15,513,590 outstanding at December 31, 2025 and 20,402,861 issued and 15,695,088 outstanding at December 31, 2024 | 204.0K | 204.0K | 345.0K | 345.0K |
| Additional paid-in capital | $220.7M | $219.5M | $216.5M | $213.9M |
| Retained earnings | $478.3M | $389.7M | $319.3M | $250.5M |
| Accumulated other comprehensive loss | ($30.6M) | ($33.6M) | ($31.2M) | ($31.7M) |
| Treasury stock, at cost 4,890,057 and 4,707,773 shares, respectively | -170.1M | -153.0M | -124.0M | -67.8M |
| Total DXP Enterprises, Inc. equity | $498.4M | $422.8M | $380.9M | $365.4M |
| Total liabilities and equity | $1.7B | $1.3B | $1.2B | $1.0B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash | $226.6M | $213.4M | $123.8M | $112.9M |
| Accounts receivable, net of allowance of $3,999 and $3,995, respectively | $439.9M | $420.2M | $379.3M | $361.4M |
| Inventories | $121.4M | $118.0M | $109.1M | $110.8M |
| Costs and estimated profits in excess of billings | $59.0M | $59.0M | $57.7M | $57.3M |
| Prepaid expenses and other current assets | $41.9M | $40.1M | $57.0M | $41.3M |
| Total current assets | $888.8M | $850.7M | $726.9M | $683.7M |
| Property and equipment, net | $120.2M | $117.4M | $111.0M | $107.2M |
| Goodwill | $560.5M | $550.8M | $466.7M | $461.3M |
| Other intangible assets, net | $116.5M | $122.8M | $75.4M | $78.5M |
| Operating lease right of use assets, net | $72.1M | $74.2M | $59.9M | $60.8M |
| Other long-term assets | $11.5M | $9.0M | $4.5M | $20.9M |
| Total assets | $1.8B | $1.7B | $1.4B | $1.4B |
| Current maturities of debt | $8.6M | $8.6M | $6.6M | $6.6M |
| Trade accounts payable | $133.7M | $123.0M | $115.2M | $104.8M |
| Accrued wages and benefits | $50.9M | $45.4M | $47.7M | $37.4M |
| Customer advances | $12.8M | $13.1M | $15.9M | $16.0M |
| Billings in excess of costs and estimated profits | $21.6M | $25.3M | $17.1M | $22.9M |
| Short-term operating lease liabilities | $19.5M | $19.4M | $17.2M | $17.1M |
| Other current liabilities | $49.9M | $50.9M | $42.7M | $40.6M |
| Total current liabilities | $296.9M | $285.7M | $262.3M | $245.4M |
| Long-term debt, net of unamortized debt issuance costs and discounts | $816.4M | $817.4M | $619.4M | $620.2M |
| Long-term operating lease liabilities | $54.5M | $56.7M | $44.5M | $45.4M |
| Other long-term liabilities | $60.9M | $52.9M | $29.9M | $33.2M |
| Total long-term liabilities | $931.8M | $926.9M | $693.8M | $698.9M |
| Total liabilities | $1.2B | $1.2B | $956.1M | $944.3M |
| Preferred stock | $16.0K | $16.0K | $16.0K | $16.0K |
| Common stock, $0.01 par value, 100,000,000 shares authorized; 20,395,157 issued and 15,505,100 outstanding at June 30, 2026 and 20,403,647 issued and 15,513,590 outstanding at December 31, 2025 | 204.0K | 204.0K | 204.0K | 204.0K |
| Additional paid-in capital | $217.3M | $215.9M | $219.3M | $218.0M |
| Retained earnings | $526.9M | $498.2M | $455.4M | $433.8M |
| Accumulated other comprehensive loss | ($33.6M) | ($32.1M) | ($31.7M) | ($31.0M) |
| Treasury stock, at cost 4,890,057 and 4,890,057 shares, respectively | -170.1M | -170.1M | -155.0M | -153.0M |
| Total DXP Enterprises, Inc. equity | $540.7M | $512.2M | $488.3M | $468.1M |
| Total liabilities and equity | $1.8B | $1.7B | $1.4B | $1.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $88.7M | $70.5M | $68.8M | — |
| Depreciation | $10.4M | $9.0M | $8.4M | $9.6M |
| Amortization of intangibles and finance lease assets | $28.5M | $24.4M | $21.7M | — |
| Amortization of debt issuance costs | $4.0M | $3.6M | $3.0M | — |
| Gain on sale of property and equipment | ($491.0K) | — | $0 | $0 |
| Provision for (recovery of) credit losses | $220.0K | ($887.0K) | ($885.0K) | $659.0K |
| Payment of contingent consideration liability in excess of acquisition-date fair value | ($1.2M) | ($108.0K) | ($160.0K) | ($781.0K) |
| Fair value adjustment on contingent consideration | $1.4M | $745.0K | $1.7M | $2.3M |
| Loss on debt extinguishment | $0 | $494.0K | $1.2M | $0 |
| Restricted stock compensation expense | $5.7M | $4.7M | $3.1M | $1.9M |
| Deferred income taxes | $27.4M | ($15.0M) | ($9.1M) | ($7.5M) |
| Other non-cash items | ($11.4M) | — | — | — |
| Accounts receivable | ($41.5M) | ($12.6M) | $13.3M | ($93.9M) |
| Cost and estimated profits in excess of billings | ($3.1M) | ($8.5M) | ($18.7M) | — |
| Inventories | $1.0M | $8.4M | ($2.0M) | $2.1M |
| Prepaid expenses and other assets | ($5.7M) | $7.7M | $9.7M | — |
| Trade accounts payable | $532.0K | — | — | — |
| Accrued expenses | $17.9M | — | — | — |
| Billings in excess of costs and estimated profits | $3.0M | $3.3M | ($916.0K) | — |
| Income taxes | ($31.0M) | — | — | — |
| Net cash provided by operating activities | $94.3M | $102.2M | $106.2M | $5.9M |
| Purchase of property and equipment | ($40.3M) | ($25.1M) | ($12.3M) | ($4.9M) |
| Proceeds from the sale of property and equipment | $2.7M | — | $0 | $0 |
| Acquisition of businesses, net of cash acquired | ($61.7M) | ($156.6M) | ($10.4M) | ($48.5M) |
| Net cash used in investing activities | ($99.2M) | ($181.7M) | ($22.6M) | ($53.4M) |
| Borrowings on asset-backed credit facility | $0 | $6.0M | $7.9M | $827.2M |
| Repayments on asset-backed credit facility | $0 | ($6.0M) | ($7.9M) | ($827.2M) |
| Proceeds from issuance of Senior Secured Term Loan B, net of deferred financing costs | $848.0M | — | — | — |
| Repayments on Senior Secured Term Loan B | ($643.0M) | — | — | — |
| Principal payments on debt | ($7.1M) | — | — | — |
| Debt issuance costs | ($3.2M) | ($2.3M) | ($12.1M) | ($8.4M) |
| Shares repurchased held in treasury | -17.1M | -29.0M | -56.2M | -47.9M |
| Payment for acquisition contingent consideration liability | ($7.5M) | ($5.0M) | ($5.7M) | ($469.0K) |
| Preferred stock dividends paid | ($90.0K) | ($90.0K) | ($90.0K) | ($90.0K) |
| Payment for employee taxes withheld from stock awards | ($4.5M) | ($1.8M) | ($527.0K) | ($292.0K) |
| Principal payments on finance leases | ($6.6M) | ($4.2M) | ($2.3M) | — |
| Net cash provided by financing activities | $158.9M | $56.8M | $43.6M | $44.3M |
| Effect of foreign currency on cash | $1.5M | ($2.1M) | ($60.0K) | $253.0K |
| Net change in cash and restricted cash | $155.4M | ($24.8M) | $127.1M | ($3.0M) |
| Cash and restricted cash at beginning of year | $148.4M | $173.2M | $46.1M | $49.1M |
| Cash and restricted cash at end of year | $303.8M | $148.4M | $173.2M | $46.1M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $48.7M | $20.0M | $65.8M | $44.2M |
| Depreciation | $6.0M | $2.9M | $7.6M | $4.8M |
| Amortization of intangibles and finance lease assets | $18.3M | $9.1M | $20.9M | $13.8M |
| Amortization of debt issuance costs | $2.3M | $1.1M | $2.9M | $1.9M |
| Loss (gain) on sale of property and equipment | $237.0K | $455.0K | ($426.0K) | ($332.0K) |
| Provision for (recovery of) credit losses | $69.0K | $279.0K | $74.0K | ($1.1M) |
| Payment of contingent consideration liability in excess of acquisition-date fair value | ($32.0K) | — | ($459.0K) | ($333.0K) |
| Fair value adjustment on contingent consideration | $714.0K | $239.0K | $932.0K | $728.0K |
| Restricted stock compensation expense | $3.3M | $1.8M | $4.3M | $2.8M |
| Deferred income taxes | $7.1M | $2.9M | $23.5M | $7.0M |
| Other non-cash items | ($6.2M) | ($2.1M) | ($8.1M) | ($5.0M) |
| Accounts receivable | ($20.8M) | ($2.8M) | ($33.3M) | ($16.0M) |
| Costs and estimated profits in excess of billings | ($1.1M) | ($1.1M) | ($6.9M) | ($6.4M) |
| Inventories | ($10.7M) | ($7.7M) | ($1.3M) | ($4.3M) |
| Prepaid expenses and other assets | ($1.4M) | $5.0M | ($9.9M) | ($3.3M) |
| Trade accounts payable | $10.7M | $904.0K | $6.8M | ($3.2M) |
| Accrued expenses | $474.0K | ($7.9M) | $16.9M | $3.7M |
| Billings in excess of costs and estimated profits | ($127.0K) | $3.5M | $4.0M | $9.8M |
| Income taxes | $4.6M | $2.8M | ($36.8M) | ($27.3M) |
| Net cash provided by operating activities | $62.0M | $29.6M | $56.5M | $21.6M |
| Purchase of property and equipment | ($5.9M) | ($3.3M) | ($37.0M) | ($30.3M) |
| Proceeds from the sale of property and equipment | $567.0K | $9.0K | $2.7M | $2.7M |
| Acquisition of businesses, net of cash acquired | ($112.9M) | ($102.7M) | ($24.4M) | ($13.9M) |
| Net cash used in investing activities | ($118.3M) | ($106.0M) | ($58.7M) | ($41.4M) |
| Principal debt payments | ($4.2M) | ($2.1M) | ($4.9M) | ($3.2M) |
| Debt issuance costs | ($125.0K) | ($125.0K) | ($325.0K) | ($125.0K) |
| Payment for acquisition contingent consideration liability | ($3.5M) | ($2.3M) | ($6.9M) | ($5.1M) |
| Preferred stock dividends paid | ($45.0K) | ($23.0K) | ($68.0K) | ($45.0K) |
| Payment for employee taxes withheld from stock awards | ($6.7M) | ($6.5M) | ($4.5M) | ($4.3M) |
| Principal payments on finance leases | ($4.4M) | ($2.1M) | ($4.6M) | ($3.7M) |
| Net cash used in financing activities | ($19.0M) | ($13.1M) | ($23.2M) | ($16.6M) |
| Effect of foreign currency on cash | ($1.9M) | ($868.0K) | $840.0K | $899.0K |
| Net change in cash and restricted cash | ($77.2M) | ($90.4M) | ($24.6M) | ($35.5M) |
| Cash and restricted cash at beginning of period | $303.8M | $303.8M | $148.4M | $148.4M |
| Cash and restricted cash at end of period | $226.6M | $213.4M | $123.8M | $112.9M |
DXP Enterprises Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.