Company: DXPE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050322
Chunk: 54

Company: DXP ENTERPRISES INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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16 - REVENUE

The Company disaggregates revenue based upon our geography and our reportable segments - Service Centers, Innovative Pumping Solutions and Supply Chain Services. Each of our geographic and reportable business segments are impacted and influenced by varying factors, including the macroeconomic environment, maintenance and capital spending and commodity prices and exploration and production activity. As such, we believe this information is important in depicting the nature, timing and uncertainty of our contracts with customers. The following Geographical Information and Note 11 - Segment Reporting present our revenue disaggregated by source.Geographical InformationRevenues are presented in geographic area based on location of the facility shipping products or providing services. The Company’s revenues by geographical location are as follows:Three Months Ended September 30,Nine Months Ended September 30,(in thousands)2025202420252024RevenuesUnited States$495,781 $450,141 $1,431,885 $1,268,641 Canada17,604 22,403 55,961 60,622 Other339 391 1,129 1,863 Total$513,724 $472,935 $1,488,975 $1,331,126 

19

Recent AcquisitionsWe define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded in our calculation of Organic Sales.The following tables sets forth the disaggregation of revenue from sales associated with recent 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