DXP Enterprises, Inc. (DXPE) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

DXP Enterprises reported revenue of $587 million for Q3 2026, up 14% from a year earlier (DXP Enterprises, Nov 5, 2026). Diluted EPS was $1.64, up 25% from $1.31. Service Centers brought in $377 million, up 8%. Every figure is from DXP Enterprises's release. Walnut is informational, not investment advice.

DXPE Q3 2026 results

In one sentence

DXP Enterprises reported revenue of $587 million for Q3 2026, up 14% from a year earlier (DXP Enterprises, Nov 5, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$587 million$514 millionup 14%
Diluted EPS (GAAP)$1.64$1.31up 25%
Diluted EPS (Adjusted Diluted EPS)$1.64$1.34up 22%
Net income$26.9 million$21.6 millionup 24%

The quarter ended September 30, 2026 and DXP Enterprises published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. DXP Enterprises reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted Diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • DXP Enterprises bought five businesses in the first nine months of 2026. Sales from businesses owned less than twelve months, $48.8 million in Q3 2026, are excluded from its organic sales figure.
  • Q3 2026 had 64 business days, the same as Q3 2025, so sales per business day moved in line with total sales.

Source: DXP Enterprises Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

DXPE revenue by segment

How DXP Enterprises splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Sales by business segmentQ3 2026Q3 2025Change
Service Centers$377 million$350 millionup 8%
Innovative Pumping Solutions$144 million$101 millionup 43%
Supply Chain Services$66.4 million$63.0 millionup 5%
  • DXP Enterprises's Service Centers revenue was $377 million in Q3 2026, up 8% from $350 million in Q3 2025, 64% of total revenue.
  • DXP Enterprises's Innovative Pumping Solutions revenue was $144 million in Q3 2026, up 43% from $101 million in Q3 2025, 25% of total revenue.
  • DXP Enterprises's Supply Chain Services revenue was $66.4 million in Q3 2026, up 5% from $63.0 million in Q3 2025, 11% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

DXPE recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$587 million$1.64Nov 5, 2026
Q2 2026
ended Jun 30, 2026
$576 million$1.76Aug 5, 2026
Q1 2026
ended Mar 31, 2026
$522 million$1.22May 7, 2026
Q4 2025
ended Dec 31, 2025
$527 million$1.39Feb 25, 2026
Q3 2025
ended Sep 30, 2025
$514 million$1.31Nov 6, 2025

Sales and GAAP diluted EPS, each as first reported in that quarter's release.

When does DXPE report earnings next?

We do not hold a confirmed date for DXP Enterprises's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past DXP Enterprises quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Nov 5, 2026

What DXP Enterprises's revenue is made of

DXP Enterprises is an industrial distributor, and its Q3 2026 sales of $587.2 million came from three segments. Service Centers, which sell MRO products such as bearings, power transmission, hose, fluid power and safety products, brought in $376.6 million. Innovative Pumping Solutions, which builds custom pump packages, remanufactures pumps and supplies the water and wastewater treatment market, brought in $144.1 million. Supply Chain Services, which runs all or part of a customer's supply chain on site, brought in $66.4 million. (DXP Enterprises Q3 2026 release, Nov 5, 2026; DXP Enterprises Form 10-Q, Q3 2026, Nov 5, 2026)

DXP Enterprises' sales rose 14.3% from $513.7 million, an increase of $73.5 million, of which recent acquisitions contributed $48.8 million. Organic sales were $538.3 million, against $495.3 million a year earlier, and with 64 business days in both quarters, organic sales per business day rose to $8.4 million from $7.7 million. (DXP Enterprises Q3 2026 release, Nov 5, 2026; DXP Enterprises Form 10-Q, Q3 2026, Nov 5, 2026)

Innovative Pumping Solutions grew fastest, up 43.3%, on DXP Enterprises' water and wastewater platform and acquisitions in that segment; acquisition sales there were $48.8 million, against $6.7 million a year earlier. Service Centers sales rose 7.6%, or $38.1 million excluding acquisitions, on higher volume in the California, Gulf Coast, Alaska and North Texas regions, partly offset by the Ohio River Valley, South Central and Southwest regions. Supply Chain Services rose 5.5% on new customers and facilities. (DXP Enterprises Q3 2026 release, Nov 5, 2026; DXP Enterprises Form 10-Q, Q3 2026, Nov 5, 2026)

DXP Enterprises grows by buying distributors. Its 10-K says it has completed 64 acquisitions since 2004, and in the first nine months of 2026 it bought five businesses for total consideration of $153.6 million, mainly to expand its water and wastewater platform and its territory. At the end of 2025 it operated from 293 locations: 204 Service Centers and Innovative Pumping Solutions facilities and 89 Supply Chain Services customer sites. (DXP Enterprises Form 10-Q, Q3 2026, Nov 5, 2026; DXP Enterprises Form 10-K, 2025, Feb 26, 2026)

What DXP Enterprises's EPS includes

DXP Enterprises' GAAP diluted EPS was $1.64 in Q3 2026, against $1.31 a year earlier, and net income rose 24.2% to $26.9 million. Adjusted diluted EPS was also $1.64, because DXP recorded no one-time non-recurring costs in the quarter; the year-ago adjusted figure of $1.34 excluded $757 thousand of such costs. (DXP Enterprises Q3 2026 release, Nov 5, 2026)

DXP Enterprises' operating income rose $8.8 million to $52.5 million, which the 10-Q attributes to improved SG&A leverage on higher sales, while gross margin slipped to 30.7% from 31.4%, 65 basis points of it from higher input costs. Interest expense rose $2.1 million after DXP refinanced its Term Loan B in the fourth quarter of 2025, and the effective tax rate was 26.3%, against 26.6%. (DXP Enterprises Form 10-Q, Q3 2026, Nov 5, 2026)

DXP Enterprises' diluted share count of 16,353 thousand includes 840 thousand shares from assumed conversion of its convertible preferred stock, against 16,526 thousand a year earlier. DXP bought back no shares in the first nine months of 2026, after spending $2.0 million on repurchases in the same period of 2025. (DXP Enterprises Form 10-Q, Q3 2026, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at DXP Enterprises

DXP Enterprises does not publish a numeric revenue or EPS outlook in its release. CFO Kent Yee said DXP expects to finish fiscal year 2026 strong with momentum going into fiscal year 2027, and CEO David Little said DXP is focused on integrating and pursuing acquisitions. (DXP Enterprises Q3 2026 release, Nov 5, 2026)

DXP Enterprises reported total debt of $839.5 million at September 30, 2026 and a secured leverage ratio of 2.30:1.0 on covenant EBITDA of $270.0 million for the last twelve months. Cash was $218.8 million, down from $303.8 million at the end of 2025 after acquisition spending. (DXP Enterprises Q3 2026 release, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover DXP Enterprises, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at DXP Enterprises

The figures below are the ones DXP Enterprises's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Organic sales
$538.3 million
Acquisitions added $48.8 million; organic sales per business day $8.4 million, against $7.7 million
Innovative Pumping Solutions sales
$144.1 million, up 43.3%
16.3% operating income margin
Service Centers sales
$376.6 million, up 7.6%
14.8% operating income margin
Adjusted EBITDA margin
11.5%
Adjusted EBITDA $67.3 million, against $56.5 million and an 11.0% margin
Gross profit margin
30.7%
31.4% a year earlier
Free Cash Flow
$14.4 million
Operating cash flow $18.7 million less capital expenditures

What the quarter means for a holding is a separate question from what it reported. The case for and against owning DXPE is on is DXPE a buy or a sell?, what analysts expect next is on the DXPE forecast, and what the company does is on the DXP Enterprises, Inc. (DXPE) stock page.

How to check DXPE's figures yourself

Every number on this page can be traced to a document DXP Enterprises published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about DXP Enterprises

Ask Walnut's AI anything about DXPE and see how it fits what you own.

FAQ

What was DXP Enterprises's revenue last quarter?

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DXP Enterprises reported revenue of $587 million for Q3 2026, the quarter ended September 30, 2026, against $514 million in Q3 2025 (up 14%). The figures come from DXP Enterprises's results release of November 5, 2026.

What were DXPE's earnings per share for Q3 2026?

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Diluted EPS was $1.64 on a GAAP basis, against $1.31 a year earlier. On DXP Enterprises's Adjusted Diluted EPS basis it was $1.64, against $1.34. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

When does DXPE report earnings next?

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We do not hold a confirmed date for DXP Enterprises's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does DXP Enterprises's revenue come from?

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DXP Enterprises's Service Centers revenue was $377 million in Q3 2026, up 8% from $350 million in Q3 2025, 64% of total revenue. DXP Enterprises's Innovative Pumping Solutions revenue was $144 million in Q3 2026, up 43% from $101 million in Q3 2025, 25% of total revenue. DXP Enterprises's Supply Chain Services revenue was $66.4 million in Q3 2026, up 5% from $63.0 million in Q3 2025, 11% of total revenue. These are the lines of DXP Enterprises's own "sales by business segment" table for Q3 2026.

How much did DXP Enterprises's revenue grow last quarter?

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Up 14% on the year: $587 million in Q3 2026 against $514 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in DXP Enterprises's business do not distort it.

What is the difference between DXP Enterprises's GAAP and Adjusted Diluted EPS EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. DXP Enterprises's Adjusted Diluted EPS EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $1.64 and $1.64. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the DXPE numbers on this page come from?

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From DXP Enterprises's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from DXP Enterprises's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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