DXP ENTERPRISES INCDXPEEarnings & Financial Report
DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.
Revenue
$445.6M
Gross Profit
$137.8M
Operating Profit
$37.4M
Net Profit
$16.7M
Gross Margin
30.9%
Operating Margin
8.4%
Net Margin
3.7%
YoY Growth
4.1%
EPS
$1.00
DXP ENTERPRISES INC Q2 FY2024 Financial Summary
DXP ENTERPRISES INC reported revenue of $445.6M (up 4.1% YoY) for Q2 FY2024, with a net profit of $16.7M (down 12.4% YoY) (3.7% margin). Cost of goods sold was $307.8M, operating expenses totaled $100.4M.
Key Financial Metrics
| Total Revenue | $445.6M |
|---|---|
| Net Profit | $16.7M |
| Gross Margin | 30.9% |
| Operating Margin | 8.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
DXP ENTERPRISES INC Q2 FY2024 revenue of $445.6M breaks down across 3 segments, led by Service Centers at $306.5M (68.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Service Centers | $306.5M | 68.8% |
| Innovative Pumping Solutions | $73.4M | 16.5% |
| Supply Chain Services | $65.7M | 14.7% |
DXP ENTERPRISES INC Revenue by Segment — Quarterly Trend
DXP ENTERPRISES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Service Centers and Innovative Pumping Solutions) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Service Centers | $356.2M | — | — | $327.1M |
| Innovative Pumping Solutions | $110.0M | $100.6M | $93.5M | $86.2M |
| Supply Chain Services | $61.2M | $63.0M | $65.4M | $63.3M |
DXP ENTERPRISES INC Annual Revenue by Year
DXP ENTERPRISES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.0B |
| 2024 | $1.8B |
| 2023 | $1.7B |
| 2022 | $1.5B |
DXP ENTERPRISES INC Quarterly Revenue & Net Profit History
DXP ENTERPRISES 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 |
|---|---|---|---|---|
| Q4 FY2025 | $527.4M | +12.0% | $22.8M | 4.3% |
| Q3 FY2025 | $513.7M | +8.6% | $21.6M | 4.2% |
| Q2 FY2025 | $498.7M | +11.9% | $23.6M | 4.7% |
| Q1 FY2025 | $476.6M | +15.5% | $20.6M | 4.3% |
| Q4 FY2024 | $470.9M | +15.7% | $21.4M | 4.5% |
| Q3 FY2024 | $472.9M | +12.8% | $21.1M | 4.5% |
| Q2 FY2024 | $445.6M | +4.1% | $16.7M | 3.7% |
| Q1 FY2024 | $412.6M | -2.7% | $11.3M | 2.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $412.6M | $445.6M | $472.9M | $470.9M | $476.6M | $498.7M | $513.7M | $527.4M |
| YoY Growth | -2.7% | 4.1% | 12.8% | 15.7% | 15.5% | 11.9% | 8.6% | 12.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.18B | $1.19B | $1.23B | $1.35B | $1.38B | $1.41B | $1.44B | $1.69B |
| Liabilities | $808.7M | $804.5M | $829.1M | $926.7M | $937.9M | $944.3M | $956.1M | $1.19B |
| Equity | $375.5M | $384.7M | $402.4M | $422.8M | $444.7M | $468.1M | $488.3M | $498.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $27.0M | $14.7M | $28.3M | $32.1M | $3.0M | $18.6M | $34.9M | $37.8M |