Company: DXPE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050322
Chunk: 95

Company: DXP ENTERPRISES INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 95
---

SalesAcquisition SalesOrganic SalesNine Months Ended September 30, 2025Service Centers$1,016,985 $45,154 $971,831 Innovative Pumping Solutions280,273 28,966 251,307 Supply Chain Services191,717 — 191,717 Total Sales$1,488,975 $74,120 $1,414,855 Nine Months Ended September 30, 2024Service Centers$911,783 $23,187 $888,596 Innovative Pumping Solutions225,417 40,526 184,891 Supply Chain Services193,926 — 193,926 Total Sales$1,331,126 $63,713 $1,267,413 $ ChangeService Centers$105,202 $21,967 $83,235 Innovative Pumping Solutions54,856 (11,560)66,416 Supply Chain Services(2,209)— (2,209)Total $ Change$157,849 $10,407 $147,442 % ChangeService Centers11.5 %94.7 %9.4 %Innovative Pumping Solutions24.3 %(28.5)%35.9 %Supply Chain Services(1.1)%N/A(1.1)%Total % Change11.9 %16.3 %11.6 %

NOTE 17 - SUBSEQUENT EVENT

On October 1, 2025, the Company completed the acquisition of APSCO, LLC. The acquisition was funded with cash on the balance sheet.On November 1, 2025, the Company completed the acquisition of Triangle Pump & Equipment, Inc. The acquisition was funded with cash on the balance sheet.

21

ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following management discussion and analysis ("MD&A") of the financial condition and results of operations of DXP Enterprises, Inc. together with its subsidiaries (collectively "DXP," "Company," "us," "we," or "our") for the nine months ended September 30, 2025 should be read in conjunction with our previous Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, and the consolidated financial statements and notes thereto included in such reports. The Company's consolidated financial