Company: DXPE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050322
Chunk: 6

Company: DXP ENTERPRISES INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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2025 compared to Three Months Ended September 30, 2024

 Three Months Ended September 30, 2025%2024%Sales$513,724 100.0%$472,935 100.0%Cost of sales352,465 68.6%326,825 69.1%Gross profit161,259 31.4%146,110 30.9%Selling, general and administrative expenses117,561 22.9%106,502 22.5%Income from operations43,698 8.5%39,608 8.4%Interest expense14,894 2.9%15,716 3.3%Other (income) expense, net(648)(0.1)%160 —%Income before income taxes29,452 5.7%23,732 5.0%Provision for income tax expense7,821 1.5%2,631 0.6%Net income $21,631 4.2%$21,101 4.5%Earnings per share:Basic$1.38 $1.34 Diluted$1.31 $1.27 

26

The following tables sets forth the disaggregation of revenue from sales associated with acquisitions for the three and nine months ended September 30, 2025 and 2024 (in thousands) :

SalesAcquisition SalesOrganic SalesThree Months Ended September 30, 2025Service Centers$350,179 $11,658 $338,521 Innovative Pumping Solutions100,551 6,745 93,806 Supply Chain Services62,994 — 62,994 Total Sales$513,724 $18,403 $495,321 Three Months Ended September 30, 2024Service Centers$316,831 $12,969 $303,862 Innovative Pumping Solutions89,825 15,566 74,259 Supply Chain Services66,279 — 66,279 Total Sales$472,935 $28,535 $444,400 $ ChangeService Centers$33,348 $(1,311)$34,659 Innovative Pumping Solutions10,726 (8,821)19,547 Supply Chain Services(3,285)— (3,285)Total $ Change$40,789 $(