Company: DXPE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001020710-25-000137
Chunk: 62

Company: DXP ENTERPRISES INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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 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 Centers$33,215 $6,847 $26,368 Innovative Pumping Solutions20,163 (5,645)25,808 Supply Chain Services(252)— (252)Total $ Change$53,126 $1,202 $51,924 % ChangeService