Dxp Enterprises, Inc. · NASDAQ:DXPE
Dxp Enterprises — Q1 2026 Earnings Presentation
12 slides from Dxp Enterprises's earnings presentation, May 7, 2026
Slide 1: Results for Q1 Fiscal 2026
Presented by: David Little NASDAQ: DXPE Chairman, President & CEO Results for Q1 Fiscal 2026 Kent Yee Earnings Announcement: May 7, 2026 Senior Vice President & CFO (Quarter Ending March 31, 2026)
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws that involve risks and uncertainties. Certain statements contained in this report are not purely historical, including statements regarding our expectations, belief
Slide 3: Q1 2026 Key Takeaways
Q1 2026 KEY TAKEAWAYS • Sales increased 9.5 percent to $521.7 million compared to $476.6 million for the first quarter of 2025. ◦ Organic sales grew 8.0 percent year over year ◦ Acquisition sales contributed $40.7 million in sales ◦ Sales per business day of $8.3 million • Earnings per diluted share
Slide 4: Q1 2026 Income Statement Highlights
Q1 2026 INCOME STATEMENT HIGHLIGHTS (in thousands, except percentages and per share data) QTD QTD QTD 03/31/25 12/31/25 03/31/26 Sales $ 476,569 $ 527,390 $ 521,658 % growth y/y 15.5 % 12.0 % 9.5 % % growth seq 1.2 % 2.7 % (1.1)% Gross Profit $ 150,265 $ 166,591 $ 168,606 % margin 31.5 % 31.6 % 32.3
Slide 5: Quarterly Financial Highlights
QUARTERLY FINANCIAL HIGHLIGHTS (in millions, except percentages and per share data) SALES AND GROSS MARGIN DILUTED EARNINGS PER SHARE* $527 $522 $514 $499 $1.43 $473 $471 $477 $1.39 $446 $1.29 $1.31 $413 32.3% $1.27 $1.25 $1.22 31.5% 31.5% 31.6% 31.4% 31.6% 30.9% 30.9% 30.0% $1.00 $0.74 Q1 '24 Q2 '2
Slide 6: Quarterly Operating Performance by Segment
QUARTERLY OPERATING PERFORMANCE BY SEGMENT (in millions, except percentages)* OPERATING OP OPERATING SALES SALES MIX PROFIT (OP) CONTRIBUTION MARGIN $338.0 65% $49.7 64% 14.7% $118.7 23% $21.7 28% 18.3% $65.0 12% $6.4 9% 9.8% SEGMENT TOTAL $521.7 $77.8 14.9% CORPORATE (expenses & amortization of int
Slide 7: Quarterly Cash Flow and Working Capital
QUARTERLY CASH FLOW AND WORKING CAPITAL (in thousands, except percentages) QTD QTD QTD NET WORKING CAPITAL (in millions)(1) 3/31/2025 12/31/2025 3/31/2026 18.2% 18.6% 18.4% 17.9% Net Income $ 20,589 $ 22,845 $ 19,978 17.0% 16.7% 17.4% 16.1% 16.1% Depreciation and Amortization 9,134 10,306 12,051 $36
Slide 8: Disciplined Capital Allocation Priorities
DISCIPLINED CAPITAL ALLOCATION PRIORITIES 2021 - 2026 Capital Allocation* Balanced Capital Deployment 31% 46% 67% 13% 14% 3% 2% • Track record of sustainable and • Disciplined M&A 12% proactive debt strategy focused on end management through market diversification, 3% the cycle portfolio enhancement
Slide 9: Appendix
APPENDIX
Slide 10: Reconciliation of Operating Income
RECONCILIATION OF OPERATING INCOME (in thousands) Three Months Ended March 31, 2026 2025 Operating Income for Reportable Segments $ 77,761 $ 66,015 Adjustments for: Amortization of intangibles 7,017 5,355 Corporate expenses 28,270 20,145 Total Operating Income $ 42,474 $ 40,515 Interest Expense 16,4
Slide 11: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES (in thousands, except days) Three Months Ended March 31, 2026 2025 Service Centers $ 337,976 $ 327,075 Innovative Pumping Solutions 118,660 86,182 Supply Chain Services 65,022 63,312 Total DXP Sales $ 521,658 $ 476,569 Acquisition Sales $ 40,745 $ 31,112 Organic S
Slide 12: Definitions
DEFINITIONS Organic Sales and Acquisition Sales We define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded