Filing Flows › DXP Enterprises (DXPE) › Q3 2026
DXP Enterprises (DXPE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
DXP Enterprises (DXPE) reported revenue of $587M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +2% from the quarter before. Operating margin was 8.9%, net earnings $26.9M (4.6% of revenue).
DXP Enterprises, Q3 2026: revenue $587M (+14% year over year), operating margin 8.9%, net earnings $26.9M, operating cash flow $18.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $587M | +2% | +14% |
| Gross profit | $181M | -1% | +12% |
| Operating profit | $52.5M | -5% | +20% |
| Net earnings | $26.9M | -6% | +24% |
| Operating cash flow | $18.7M | -42% | -46% |
| Free cash flow | $14.4M | — | -49% |
What changed
Revenue was $587.2M in Q3 2026, up 14% year over year and up 2% from the previous quarter. Service Center was the largest line at 64% of revenue. Innovative Pumping Solutions added $43.6M year over year (up 43%), 59% of the total change.
Gross margin was 30.7%, down 0.6 points from Q3 2025. Operating profit was $52.5M, a 8.9% margin (up 0.4 points year over year). Of the extra revenue versus Q3 2025, 12% reached operating profit, above the 9% margin then. Operating expenses grew 9% against revenue growth of 14%. Net earnings were $26.9M, up 24% year over year. The effective tax rate was 26.3%.
Operating cash flow was $18.7M (down 46% year over year), 70% of net earnings. Non-cash charges added back $3.0M of depreciation and $1.5M of share-based compensation. Working capital and other items used $12.7M. After purchases of property and equipment ($4.2M), free cash flow as the company reports it was $14.4M.
Questions
What was DXP Enterprises' revenue in the third quarter 2026?
DXP Enterprises (DXPE) reported revenue of $587M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +2% from the quarter before.
Was DXP Enterprises profitable in the third quarter 2026?
Operating profit was $52.5M (8.9% of revenue) and net earnings $26.9M.
Source: DXP Enterprises 10-Q on SEC EDGAR.