DXPE News & Events

Reports Q4 revenue $527.4M vs. $470.9M last year. CEO David Little remarked, "DXPeople drove Q4 results well above expectations, with strong performance across DXP. Broad based business strength across the business helped us deliver 11.9% revenue growth on a year-over-year basis. This growth has fueled a healthy momentum coming into 2026...The sales momentum from Q4 has positioned us for further success as we move into 2026. Additionally, we strengthened our balance sheet in Q4, raising an incremental $205M under our Term Loan B. The strength of the balance sheet, the balanced end markets that we have delivered upon, and our ability to continue to execute on acquisitions have set the stage for 2026. We have a positive outlook for end markets like water & wastewater and see positive dynamics developing in the 2nd half of 2026 for our traditional end markets like energy. We are confident our growth strategy, coupled with a continued focus on improving margins and maintaining operational discipline will drive shareholder value."

DXP Enterprises "announced that it has completed the acquisition of Triangle Pump & Equipment. Triangle is a leading manufacturer's representative and distributor of pumps and process equipment focused on serving the water and wastewater industry including industrial applications and aftermarket service and repair. DXP funded the acquisition with cash from the balance sheet. Signing of the definitive agreement occurred on November 1, 2025. Sales and adjusted EBITDA for the last twelve months ending June 30, 2025, were approximately $15.1 million and $2.4 million, respectively. Adjusted EBITDA was calculated as income before tax, plus interest, depreciation and amortization, plus non-recurring items that will not continue after the acquisition."

Reports Q1 revenue $476.6M vs. $412.6M last year. David R. Little, CEO, commented, "First quarter results reflect the resilience and durability of DXP's business. We are pleased with our sequential sales growth and strength in our gross profit margins. This resulted in operating leverage that produced earnings per share of $1.25. DXP's first quarter 2025 sales were $476.6 million, or a 15.5 percent increase over the first quarter of 2024. Organic sales for the quarter, increased 11.1 percent and acquisitions added $31.1 million in sales. Adjusted EBITDA grew $12.2 million, or 30.2 percent over the first quarter of 2024. During the first quarter of 2025, sales were $327.1 million for Service Centers, $63.3 million for Supply Chain Services, and $86.2 million for Innovative Pumping Solutions. Overall, we are very pleased with our performance and the progress DXP continues to make as a growth company. We are optimistic that we can show continued sales and profit improvement during the remainder of 2025."