Distribution Solutions Group, Inc.DSGREarnings & Financial Report
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
Revenue
$468.0M
Gross Profit
$158.8M
Operating Profit
$18.9M
Net Profit
$21.9M
Gross Margin
33.9%
Operating Margin
4.0%
Net Margin
4.7%
YoY Growth
6.6%
EPS
$0.46
Distribution Solutions Group, Inc. Q3 FY2024 Financial Summary
Distribution Solutions Group, Inc. reported revenue of $468.0M (up 6.6% YoY) for Q3 FY2024, with a net profit of $21.9M (up 1498.0% YoY) (4.7% margin). Cost of goods sold was $309.2M, operating expenses totaled $139.9M.
Key Financial Metrics
| Total Revenue | $468.0M |
|---|---|
| Net Profit | $21.9M |
| Gross Margin | 33.9% |
| Operating Margin | 4.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Distribution Solutions Group, Inc. Q3 FY2024 revenue of $468.0M breaks down across 5 segments, led by Test Equity Segment at $195.2M (41.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Test Equity Segment | $195.2M | 41.7% |
| Lawson Segment | $118.0M | 25.2% |
| Gexpro Services Segment | $116.1M | 24.8% |
| Canada Branch Division Segment | $39.1M | 8.4% |
| Rental Program | $4.1M | 0.9% |
Distribution Solutions Group, Inc. Revenue by Segment — Quarterly Trend
Distribution Solutions Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Test Equity Segment and Lawson Segment) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Test Equity Segment | $206.5M | $195.0M | $188.8M | $191.3M |
| Lawson Segment | $121.5M | $124.3M | $120.5M | $111.8M |
| Gexpro Services Segment | $130.5M | $127.8M | $118.9M | $118.8M |
| Canada Branch Division Segment | $60.0M | $55.9M | $50.5M | — |
| Rental Program | — | — | $6.6M | $5.0M |
Distribution Solutions Group, Inc. Annual Revenue by Year
Distribution Solutions Group, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.8B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.8B |
| 2023 | $1.6B |
| 2022 | $1.2B |
Distribution Solutions Group, Inc. Quarterly Revenue & Net Profit History
Distribution Solutions Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $518.0M | +10.7% | $6.5M | 1.2% |
| Q2 FY2025 | $502.4M | +14.3% | $5.0M | 1.0% |
| Q1 FY2025 | $478.0M | +14.9% | $3.3M | 0.7% |
| Q4 FY2024 | $480.5M | +18.6% | $-25.9M | -5.4% |
| Q3 FY2024 | $468.0M | +6.6% | $21.9M | 4.7% |
| Q2 FY2024 | $439.5M | +16.3% | $1.9M | 0.4% |
| Q1 FY2024 | $416.1M | +19.5% | $-5.2M | -1.3% |
| Q4 FY2023 | $405.2M | +23.2% | $-16.3M | -4.0% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $405.2M | $416.1M | $439.5M | $468.0M | $480.5M | $478.0M | $502.4M | $518.0M |
| YoY Growth | 23.2% | 19.5% | 16.3% | 6.6% | 18.6% | 14.9% | 14.3% | 10.7% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.55B | $1.54B | $1.61B | $1.78B | $1.73B | $1.76B | $1.75B | $1.77B |
| Liabilities | $888.7M | $888.5M | $954.2M | $1.10B | $1.09B | $1.13B | $1.10B | $1.11B |
| Equity | $661.6M | $654.7M | $653.3M | $680.8M | $640.5M | $636.7M | $649.4M | $653.9M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $28.2M | $6.6M | $21.4M | $-17.3M | $45.7M | $-4.8M | $33.3M | $38.4M |