NASDAQ$DXPE

DXP Enterprises Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

DXP Enterprises reported Q4 2025 sales of $527.4 million, up 12% year over year, with full-year GAAP diluted EPS of $5.37.

DXP posted Q4 2025 sales of $527.4 million (+12.0% YoY) as part of fiscal 2025 sales of $2.0 billion (+11.9%). Full-year GAAP diluted EPS was $5.37 with net income of $88.7 million and adjusted EBITDA of $225.3 million. The industrial distributor refinanced its term loan, raising $205 million incremental at 50 bps lower cost, and repurchased $17.0 million of shares while ending with $303.8 million in cash.

  • Q4 sales $527.4M (+12% YoY); FY25 sales $2.0B (+11.9%).
  • FY25 net income $88.7M; adjusted EBITDA $225.3M.
  • Term loan refinancing cut borrowing cost 50 bps; $303.8M cash.
  • Share repurchases $17.0M in FY25.

Headline financials

Total Revenue

$527M

Previous: $471M+12.0%
EPS (adj)

$1.35

Previous: $1.29+4.7%
Adjusted EBITDA

$59M

Previous: $50.3M+17.2%
Adjusted EBITDA Margin

11.2%

Previous: 10.7%+4.7%
EBITDA

$57.5M

Previous: $49M+17.5%
EBITDA Margin

10.9%

Previous: 10.4%+4.8%
Operating Income Margin

8.8%

Previous: 8.3%+6.0%
Organic Sales

$505M

Previous: $436M+15.9%
Acquisition Sales

$21.9M

Previous: $34.8M-37.0%
Sales per Business Day

$8.51M

Previous: $7.6M+12.0%
Organic Sales per Business Day

$8.15M

Previous: $7.03M+15.9%
Business Days

62

Previous: 62+0.0%
Net Income

$22M

Previous: $21.4M+3.0%
Operating Income

$46.7M

Previous: $39.3M+18.8%
Gross Profit

$167M

Previous: $148M+12.2%

Revenue & EPS history

DXP · Revenue · Quarterly

$527M

Q4 2025+12%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

DXP · $419M total across 3 segments · Q3 2023

  • Service Centers
    $295M+13.2%
  • Supply Chain Services
    $65.8M-3.5%
  • Innovative Pumping Solutions
    $59M-0.1%

Forward guidance

DXP typically discusses end-market demand by segment on its call; the release emphasized industrial MRO and service center momentum without issuing formal annual EPS guidance in the press release.

Tailwinds

  • Double-digit top-line growth with EBITDA leverage.
  • Balance-sheet flexibility after refinancing and solid cash position.
  • Industrial recovery and maintenance spending tailwinds.

Headwinds

  • Cyclical exposure to oil & gas and industrial production.
  • Working capital needs in distribution model.
  • Integration risk on acquisitions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.9%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+6.9%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+55.7%

Q2 2016

Best reaction

-38.4%

Q1 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-17.5%-20.8%-13.4%
Q4 2025-3.4%-8.8%-11.3%
Q3 2025-17.8%-19.7%-21.5%
Q1 2025-2.9%+1.2%-7.6%
Q4 2024+0.3%+9.2%-6.4%
Q3 2024+22.3%+41.2%+47.4%
Q2 2024-0.0%+3.6%+4.2%
Q1 2024-4.7%-5.7%-10.5%
Q4 2023+29.0%+27.9%+59.0%
Q3 2023-7.2%-7.4%-4.3%
Q2 2023-15.3%-12.2%-6.4%
Q1 2023+17.0%+26.2%+51.3%
Q4 2022-0.5%+0.2%+16.7%
Q3 2022-9.0%-11.3%-16.4%
Q2 2022-16.7%-16.9%-22.9%
Q1 2022+16.8%+17.1%+42.7%
Q4 2021-13.3%-12.7%-20.1%
Q3 2021-2.0%-4.0%-5.3%
Q2 2021+4.6%+0.5%-5.3%
Q1 2021+0.2%+0.5%+4.9%
Q4 2020-3.7%+0.4%-9.4%
Q3 2020+24.5%+23.2%+39.4%
Q2 2020-1.1%+10.4%+5.5%
Q1 2020-1.0%-16.0%+72.8%
Q4 2019-37.0%-41.1%-59.2%
Q3 2019+13.7%+16.4%+11.9%
Q2 2019+8.8%+4.8%+6.3%
Q1 2019-14.6%-14.8%-22.1%
Q4 2018+31.0%+25.5%+32.3%
Q3 2018+22.1%+14.5%-0.2%
Q2 2018+16.4%+11.4%+7.6%
Q1 2018-0.2%-0.1%+4.5%
Q4 2017+23.9%+21.9%+17.7%
Q3 2017-13.9%-15.0%-7.9%
Q2 2017-7.0%-11.5%-22.1%
Q1 2017+27.0%+17.0%+9.8%
Q4 2016+16.1%+12.5%+11.4%
Q3 2016+15.3%+15.6%+40.5%
Q2 2016+55.7%+58.0%+56.3%
Q1 2016-19.9%
Q4 2015-4.4%
Q3 2015+0.8%
Q2 2015-12.8%
Q1 2015-2.8%
Q4 2014+3.3%
Q3 2014-6.0%
Q2 2014+9.2%
Q1 2014-38.4%
Q4 2013+6.3%
Q3 2013+8.3%
Q2 2013-0.2%
Q1 2013-16.0%
Q1 2010-0.3%
Q4 2012+10.9%
Q3 2012+3.7%
Q2 2012-0.7%
Q1 2011-0.5%
Q1 2012+8.3%
Q4 2009+2.9%
Q4 2011+2.9%
Q3 2010-0.1%
Q3 2011-0.1%
Q2 2011+3.5%
Q2 2010+3.5%
Q4 2010+3.5%

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