DXP Enterprises Non-GAAP EPS of $1.64 misses by $0.15, revenue of $587.2M beats by $2.7M

DXP ENTERPRISES INC (DXPE) filed an SEC Form 8-K — Results of Operations and Financial Condition. NEWS RELEASE CONTACT: Kent Yee Senior Vice President, CFO 713-996-4700 www.dxpe.com DXP ENTERPRISES, INC. REPORTS THIRD QUARTER 2026 RESULTS • $218.8 million in cash • $587.2 million in sales, a 14.3 percent year-over-year increase • GAAP diluted EPS of $1.64 • $67.3 million in e

DXP Enterprises reported Q3 2026 earnings with income from operations up 20.1% to $52.5M, net income up 24.2% to $26.9M, and EPS at $1.64. Sales grew 14.7% YoY to $1.5B, with Innovative Pumping Solutions and DXP Water segments showing strong performance. The company remains focused on organic growth, acquisitions, and expanding its water and wastewater platform.

DXP Enterprises (DXPE) reported Q3 sales growth in Service Centers and Supply Chain Services, with total sales up 13.2% YoY. Gross margin declined to 30.7% due to sales mix shifts. Free cash flow was $14.4M, down from prior periods. The company acquired five businesses, including Mequipco, and expects working capital to normalize in Q4. Average daily sales showed mixed trends.

DXP Enterprises (DXPE) shares fell 9.7% after reporting Q3 2026 adjusted EPS of $1.64, missing estimates by 8.4%, while revenue of $587.2M met expectations. Adjusted EBITDA was 3.4% below forecasts. Operating margin remained steady, but free cash flow margin declined. The stock is volatile, down 30% from its 52-week high.

DXP Enterprises (DXPE) reported Q3 EPS of $1.64, missing estimates by $0.01, but revenue of $587.2M exceeded expectations. The stock is down 17.66% over 3 months but up 57.80% over 12 months. InvestingPro rates its financial health as 'good performance'.

DXP Enterprises authorized a $150 million or 1 million share buyback program, valid for 24 months. The board approved the repurchases, which may occur in open-market or private transactions, depending on market conditions. The previous program, allowing up to $85 million or 2.5 million shares, ended in August 2026. As of June 30, 2026, the company had approximately 16.4 million diluted weighted average shares outstanding.