Filing Flows › DXP Enterprises (DXPE) › Q2 2026 › vs Q2 2025
DXP Enterprises (DXPE) Q2 2026 vs Q2 2025 (year over year)
DXP Enterprises's revenue rose $77.8M (+16%) from $499M in Q2 2025 to $576M in Q2 2026. The biggest changes: Innovative Pumping Solutions +$49.2M (+53%); Service Center +$28.2M (+8%); Supply Chain Services +$413K (+0.6%). Gross margin 31.8% against 31.6% (+0.1 pts).
DXP Enterprises, Q2 2026: revenue $576M (+16% year over year), operating margin 9.6%, net earnings $28.7M, operating cash flow $32.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 31.8% | 31.6% | +0.1 pts |
| Operating margin | 9.6% | 9.2% | +0.4 pts |
| Net margin | 5.0% | 4.7% | +0.2 pts |
| Free cash flow margin | 5.2% | 1.7% | +3.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Service Center | $368M | $340M | $28.2M | +8% |
| Innovative Pumping Solutions | $143M | $93.5M | $49.2M | +53% |
| Supply Chain Services | $65.8M | $65.4M | $413K | +0.6% |
| Revenue | $576M | $499M | $77.8M | +16% |
| Gross profit | $183M | $158M | $25.3M | +16% |
| Cost of revenue | $393M | $341M | $52.5M | +15% |
| Operating profit | $55.5M | $46.0M | $9.5M | +21% |
| Operating expenses | $128M | $112M | $15.7M | +14% |
| Pre-tax earnings | $39.7M | $31.6M | $8.1M | +26% |
| Other expense, net | $15.8M | $14.4M | $1.4M | +10% |
| Net earnings | $28.7M | $23.6M | $5.1M | +22% |
| Income tax | $11.0M | $8.0M | $3.0M | +38% |
| Depreciation | $3.1M | $2.5M | $538K | +21% |
| Share-based compensation | $1.5M | $1.5M | −$17K | -1% |
| Working capital & other | $846K | $9.0M | −$8.1M | -91% |
| Operating cash flow | $32.4M | $18.6M | $13.7M | +74% |
| Free Cash Flow (company-reported) | $29.8M | $8.3M | $21.5M | +259% |
| Purchases of property and equipment | $2.6M | $10.3M | −$7.7M | -75% |
Questions
How much did DXP Enterprises's revenue grow year over year in Q2 2026?
DXP Enterprises's revenue rose $77.8M (+16%) from $499M in Q2 2025 to $576M in Q2 2026.
What drove DXP Enterprises's revenue change in Q2 2026?
Innovative Pumping Solutions +$49.2M (+53%); Service Center +$28.2M (+8%); Supply Chain Services +$413K (+0.6%).