Wesco International, Inc. · NYSE:WCC
Wesco International — Q2 2026 Earnings Presentation
32 slides from Wesco International's earnings presentation, Jul 30, 2026
Slide 1: Second Quarter 2026 Webcast Presentation
NYSE: WCC Second Quarter 2026 Webcast Presentation July 30, 2026
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures All statements made herein that are not historical facts should be considered as "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties an
Slide 3: Second Quarter Highlights and Full Year Outlook
Second Quarter Highlights and Full Year Outlook • Second quarter sales were a record at $6.7B, with reported and organic sales growth of 13% Record second quarter sales – Accelerating momentum across all three business units, with Q2 and backlog, up 13% and ~60% sales up 10% sequentially respectivel
Slide 4: Second Quarter YOY Results
Second Quarter YOY Results Another exceptional quarter with record sales, adjusted EBITDA and adjusted EPS +13% Net Sales¹ Organic Adjusted EBITDA ($Millions) Sales ($Millions) +24% +60 bps $6,665 $5,900 $487 $394 6.7% 7.3% of sales of sales 2 Q2 2025 Price Volume M&A, Q2 2026 Q2 2025 Reported Gross
Slide 5: Earnings Per Share
Earnings Per Share Outstanding earnings performance with record adjusted EPS up 35% Q2 EPS +35% $4.57 $3.39 Q2 2025 Core Operations Foreign Exchange Interest Other Q2 2026 Adjusted EPS Adjusted EPS • Operating performance was the primary driver of adjusted EPS growth, • Higher interest expense was a
Slide 6: Communications and Security Solutions (CSS)
Communications and Security Solutions (CSS) Record sales and profitability on continued strong data center momentum Second Quarter Drivers Q2 Results Reported and organic sales up 18% (volume +17%, price +1%) • Wesco Data Center Solutions (WDCS) sales increased ~45%, reflecting broad-based growth $
Slide 7: Acquired Newark Engineering Group; ~$60M in 2025 Sales
Acquired Newark Engineering Group; ~$60M in 2025 Sales Expanded end-to-end solutions capabilities for data center customers Strategic Rationale • Adds mission-critical cooling and thermal management expertise • Provides customer engagement earlier in the data center lifecycle • Strengthens presence
Slide 8: Electrical and Electronic Solutions (EES)
Electrical and Electronic Solutions (EES) Record sales and profitability on accelerating business momentum Second Quarter Drivers Q2 Results Reported and organic sales up 11% (volume +6%, price +5%) • Construction up HSD, driven by infrastructure investment and data center project activity $ Million
Slide 9: Utility and Broadband Solutions (UBS)
Utility and Broadband Solutions (UBS) Improving demand trends; record backlog driven by Grid Services wins Second Quarter Drivers Q2 Results Reported and organic sales up 7% (volume +4%, price +3%) • Utility up MSD driven by strong IOU performance, a significant increase in Grid Services $ Millions
Slide 10: Grid Services Expands UBS Data Center Power Participation
Grid Services Expands UBS Data Center Power Participation Supporting critical infrastructure across the power ecosystem Customer Diversification Earlier and Deeper Data Center Participation Grid Services Applications Earlier Lifecycle Engagement 1. Data Centers From the grid to the building to the r
Slide 11: Data Center Sales Over $5B on TTM basis
Data Center Sales Over $5B on TTM basis Data center sales continue to scale, representing greater than 20% on a TTM basis Holistic Power-to-Compute Solutions From the grid to the building to the rack and equipment Time to Power (3-5 Years) Construction Period (1–2 Years) Total Company Data Center Q2
Slide 12: Data Center Product, Services and Solutions Offerings
Data Center Product, Services and Solutions Offerings Providing holistic services and solutions for every phase of the data center lifecycle Gray Space Data Center White Space End-to-end electrical, automation and MRO capabilities Extensive next-generation infrastructure and services for always-on c
Slide 13: Free Cash Flow
Free Cash Flow Delivered on free cash flow expectations for the first half of the year Q2 2026 Net Working Capital (NWC)¹ ($ Millions) % of TTM Sales $200 $(425) $226 $(28) $32 20.5% 20.3% $277 14% 19.9% $(217) of Adjusted Net Income Adjusted D&A Accounts Inventory Accounts Capex Free Net Income and
Slide 14: 2026 Strategic Business Unit Sales Growth Drivers
2026 Strategic Business Unit Sales Growth Drivers Raising growth expectations driven by accelerating business momentum % of Wesco 2026 SBU Sales 2026 2025 Sales Outlook Breakdown1 Outlook Reported Sales Growth Reported Sales Growth Data Center Data Center expected to be Communication and up 30%+ (vs
Slide 15: Full-Year 2026 Outlook
Full-Year 2026 Outlook Increasing full-year sales, adjusted EBITDA and adjusted EPS expectations 2026 Outlook Assumptions 2026 Outlook (millions, except effective tax rate) FY 2026 April July April July Depreciation and Amortization ~$195-$205 ~$200-$210 Organic sales growth 5% - 8% 9% - 11% Cloud C
Slide 16: Third Quarter 2026 Outlook
Third Quarter 2026 Outlook Exceptional start to Q3 with July preliminary sales per workday up high-teens Q3 Outlook YOY Organic Sales Trends YOY Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 +7% +12% +9% +12% +13% 20% Reported Sales Up LDD 15% 10% Adjusted EBITDA % 5% Slightly lower 0% sequentially Apr May Jun Jul
Slide 17: Second Quarter Highlights and Full Year Outlook
Second Quarter Highlights and Full Year Outlook • Second quarter sales were a record at $6.7B, with reported and organic sales growth of 13% Record second quarter sales – Accelerating momentum across all three business units, with Q2 and backlog, up 13% and ~60% sales up 10% sequentially respectivel
Slide 18: Appendix
Appendix © 2026 Wesco International 18
Slide 19: Workdays
Workdays Q1 Q2 Q3 Q4 FY 2024 63 64 64 63 254 2025 62 64 64 63 253 2026 62 64 64 63 253 2027 62 64 64 63 253 © 2026 Wesco International 19
Slide 20: Organic Sales Growth
Organic Sales Growth ($ Millions) Three Months Ended Growth/(Decline) June 30, 2026 June 30, 2025 Reported Sales Acquisition Foreign Exchange Workday Organic Sales EES $2,510.7 $2,257.8 11.2 % — % 0.3 % —% 10.9 % CSS 2,681.2 2,265.2 18.4 % — % 0.9 % —% 17.5 % UBS 1,473.2 1,376.6 7.0 % — % — % —% 7.0
Slide 21: Gross Profit
Gross Profit ($ Millions) Three Months Ended June 30, 2026 June 30, 2025 Net sales $6,665.1 $5,899.6 Cost of goods sold (excluding depreciation and amortization) 5,209.1 4,656.9 Gross profit $1,456.0 $1,242.7 Gross margin 21.8 % 21.1 % Gross profit is a financial measure commonly used in the distrib
Slide 22: Business Unit Gross Profit and Gross Margin
Business Unit Gross Profit and Gross Margin ($ Millions) Electrical and Electronic Solutions (EES) Three Months Ended Gross Profit: June 30, 2026 June 30, 2025 Net sales $2,510.7 $2,257.8 Cost of goods sold (excluding depreciation and amortization) 1,897.8 1,739.3 Gross profit $612.9 $518.5 Gross ma
Slide 23: Free Cash Flow
Free Cash Flow ($ Millions) Three Months Ended Six Months Ended June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Cash flow provided by operations $53.7 $107.8 $275.1 $135.8 Less: Capital expenditures (28.2) (21.8) (51.6) (42.2) Add: Other adjustments 6.8 0.5 22.2 2.3 Free cash flow $32.3 $86.
Slide 24: Net Working Capital - June 30, 2026
Net Working Capital - June 30, 2026 ($ Millions) As of Four-quarter Average as of September 30, 2025 December 31, 2025 March 31, 2026 June 30, 2026 June 30, 2026 Trade accounts receivable, net $4,204.2 $4,069.6 $4,273.1 $4,685.0 Inventories 4,059.1 4,008.8 4,213.1 4,418.0 Accounts payable 3,375.1 3,
Slide 25: Net Working Capital - June 30, 2025
Net Working Capital - June 30, 2025 ($ Millions) As of Four-quarter Average as of September 30, 2024 December 31, 2024 March 31, 2025 June 30, 2025 June 30, 2025 Trade accounts receivable, net $3,629.1 $3,454.4 $3,641.3 $3,942.8 Inventories 3,630.1 3,501.7 3,740.2 3,971.2 Accounts payable 2,839.1 2,
Slide 26: Net Working Capital - June 30, 2024
Net Working Capital - June 30, 2024 ($ Millions) As of Four-quarter Average as of September 30, 2023 December 31, 2023 March 31, 2024 June 30, 2024 June 30, 2024 Trade accounts receivable, net $3,795.0 $3,639.5 $3,526.7 $3,654.6 Inventories 3,541.4 3,572.1 3,525.4 3,505.8 Accounts payable 2,650.0 2,
Slide 27: Adjusted EBITDA – 2Q 2026
Adjusted EBITDA – 2Q 2026 EBITDA and Adjusted EBITDA by Segment (1) The reportable segments do not incur income taxes and interest ($ Millions) Three Months Ended June 30, 2026 expense as these costs are centrally controlled through the Corporate tax and treasury functions. EES CSS UBS Corporate Tot
Slide 28: Adjusted EBITDA – 2Q 2025
Adjusted EBITDA – 2Q 2025 EBITDA and Adjusted EBITDA by Segment (1) The reportable segments do not incur income taxes and interest ($ Millions) Three Months Ended June 30, 2025 expense as these costs are centrally controlled through the Corporate EES CSS UBS Corporate Total tax and treasury function
Slide 29: Adjusted SG&A - EBITDA - QTD
Adjusted SG&A - EBITDA - QTD ($ Millions) Three Months Ended June 30, 2026 EES CSS UBS Corporate Total (1) Digital transformation costs include costs associated with Adjusted SG&A expenses for EBITDA: certain digital transformation initiatives. SG&A expenses $382.3 $312.8 $113.1 $214.5 $1,022.7 (2)
Slide 30: Adjusted SG&A, Income from Operations, Provision for Income Taxes, and Net Income
Adjusted SG&A, Income from Operations, Provision for Income Taxes, and Net Income Attributable to Common Stockholders (1) Digital transformation costs include costs associated with certain ($ Millions) Three Months Ended digital transformation initiatives. June 30, 2026 June 30, 2025 (2) Restructuri
Slide 31: Adjusted Earnings Per Diluted Share
Adjusted Earnings Per Diluted Share ($ Millions, except for per share data) Three Months Ended June 30, 2026 June 30, 2025 Adjusted income from operations $405.4 $330.3 Interest expense, net 110.4 92.9 Other income, net (0.2) (7.3) Adjusted income before income taxes 295.2 244.7 Adjusted provision f
Slide 32: Financial Leverage
Financial Leverage (1) Digital transformation costs include costs associated with certain ($ Millions, except ratios) Twelve Months Ended digital transformation initiatives. June 30, 2026 December 31, 2025 (2) Cloud computing arrangement amortization consists of expense Net income attributable to co