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How Global Industrial (GIC) makes money

Global Industrial (GIC) made $390M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 36¢ was left as gross profit, 8¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Global Industrial revenue by quarterGlobal Industrial revenue by quarter$321MQ1 2025$359MQ2 2025$354MQ3 2025$346MQ4 2025$350MQ1 2026$387MQ2 2026$390MQ3 2026
Global Industrial: where each dollar of revenue goesGlobal Industrial: where each dollar of revenue goesCost of revenue64¢Gross profit36¢Operating expenses27¢Operating profit8¢Income tax2¢Net earnings6¢Operating cash flow11¢Free cash flow11¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$390M100.0%
Cost of revenue$251M64.3%
Gross profit$139M35.7%
Operating expenses$106M27.3%
Operating profit$32.7M8.4%
Income tax$8.6M2.2%
Net earnings$24.6M6.3%
Operating cash flow$44.3M11.4%
Free cash flow$43.3M11.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$390M+10%
Q2 2026$387M+8%
Q1 2026$350M+9%
Q4 2025$346M+14%
Q3 2025$354M+3%
Q2 2025$359M+3%
Q1 2025$321M-0.7%

From Global Industrial's 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Global Industrial make money?

Global Industrial (GIC) made $390M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 36¢ was left as gross profit, 8¢ was left as operating profit, 6¢ was left as net earnings.

What is Global Industrial's profit margin?

Net earnings were $24.6M, 6.3% of revenue, in the third quarter 2026; the operating margin was 8.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.