Filing Flows › DXP Enterprises (DXPE) › Q2 2026
DXP Enterprises (DXPE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
DXP Enterprises (DXPE) reported revenue of $576M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +11% from the quarter before. Operating margin was 9.6%, net earnings $28.7M (5.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $576M | +11% | +16% |
| Gross profit | $183M | +9% | +16% |
| Operating profit | $55.5M | +31% | +21% |
| Net earnings | $28.7M | +44% | +22% |
| Operating cash flow | $32.4M | +10% | +74% |
| Free cash flow | $29.8M | — | +259% |
What changed
Revenue was $576.5M in Q2 2026, up 16% year over year and up 11% from the previous quarter. Service Center was the largest line at 64% of revenue. Innovative Pumping Solutions added $49.2M year over year (up 53%), 63% of the total change.
Gross margin was 31.8%, up 0.1 points from Q2 2025. Operating profit was $55.5M, a 9.6% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 12% reached operating profit, above the 9% margin then. Operating expenses grew 14% against revenue growth of 16%. Net earnings were $28.7M, up 22% year over year. The effective tax rate was 27.7%.
Operating cash flow was $32.4M (up 74% year over year), 113% of net earnings. Non-cash charges added back $3.1M of depreciation and $1.5M of share-based compensation. After purchases of property and equipment ($2.6M), free cash flow as the company reports it was $29.8M.
Questions
What was DXP Enterprises' revenue in the second quarter 2026?
DXP Enterprises (DXPE) reported revenue of $576M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +11% from the quarter before.
Was DXP Enterprises profitable in the second quarter 2026?
Operating profit was $55.5M (9.6% of revenue) and net earnings $28.7M.
Source: DXP Enterprises 10-Q on SEC EDGAR.