Company: DXPE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001020710-25-000137
Chunk: 6

Company: DXP ENTERPRISES INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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 made to customer specifications, remanufactures pumps, and manufactures branded private label pumps. The SCS segment provides a wide range of MRO products and manages all or part of our customer's supply chain function, and inventory management.

 Three Months Ended June 30, 2025 compared to Three Months Ended June 30, 2024

 Three Months Ended June 30, 2025%2024%Sales$498,682 100.0%$445,556 100.0%Cost of sales340,869 68.4%307,763 69.1%Gross profit157,813 31.6%137,793 30.9%Selling, general and administrative expenses111,827 22.4%100,441 22.5%Income from operations45,986 9.2%37,352 8.4%Interest expense14,744 3.0%15,384 3.5%Other income, net(354)(0.1)%(1,035)(0.2)%Income before income taxes31,596 6.3%23,003 5.2%Provision for income tax expense7,984 1.6%6,310 1.4%Net income $23,612 4.7%$16,693 3.7%Earnings per share:Basic$1.50 $1.05 Diluted$1.43 $1.00 

25

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

SalesAcquisition SalesOrganic SalesThree Months Ended June 30, 2025Service Centers$339,731 $15,555 $324,176 Innovative Pumping Solutions93,540 9,050 84,490 Supply Chain Services65,411 — 65,411 Total Sales$498,682 $24,605 $474,077 Three Months Ended June 30, 2024Service Centers$306,516 $8,708 $297,808 Innovative Pumping Solutions73,377 14,695 58,682 Supply Chain Services65,663 — 65,663 Total Sales$445,556 $23,403 $422,153 $ ChangeService