DXP Enterprises Q2 Sales Jump 15.6% to $576.5M, Adjusted EBITDA Up 22.8%
DXPE has more than doubled off its 52-week low of $84.04.
Summary
DXP Enterprises reported Q2 2026 sales of $576.5 million, a 15.6% increase, with Adjusted EBITDA of $70.4 million and free cash flow of $29.8 million. The company completed four acquisitions through the first half and expects more in H2.
Key Events · Earnings and Guidance · DXPE
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Q2 Sales Up 15.6%
Sales reached $576.5 million, driven by organic growth and acquisitions, with Innovative Pumping Solutions surging 52.6%.
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Adjusted EBITDA Jumps 22.8%
Adjusted EBITDA hit $70.4 million, with margin expanding to 12.2% from 11.5% a year ago.
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Free Cash Flow Surges
Free cash flow was $29.8 million, up from $8.3 million in Q2 2025, reflecting stronger operating cash generation.
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Four Acquisitions Closed in H1
Completed four acquisitions through Q2, contributing $49.8 million in sales; management expects more deals in H2 2026.
Analysis · DXPE · Trade & Services
A strong second quarter underscores DXP Enterprises' growth momentum, with sales climbing 15.6% year-over-year to $576.5 million and Adjusted EBITDA advancing 22.8% to $70.4 million. Operational efficiency gains are evident in the surge of free cash flow to $29.8 million from $8.3 million a year ago. The company also completed four acquisitions in the first half and signaled more to come, all while maintaining a manageable leverage ratio of 2.30x. These results reinforce the growth trajectory amid an uncertain macro backdrop, though the stock is trading near its 52-week high, suggesting much of the good news may already be priced in.
At the time of this filing, DXPE was trading at $186.80 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $84.04 to $191.12. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.