DXP Enterprises ( (DXPE) ) has released its Q3 earnings. Here is a breakdown of the information DXP Enterprises presented to its investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
DXP Enterprises, Inc. is a prominent distributor of industrial products and services, focusing on innovative pumping solutions, supply chain services, and maintenance, repair, and operating production services across North America and Dubai. The company leverages its extensive product knowledge and technical expertise to provide cost-saving solutions to its industrial clientele.
In its third-quarter earnings report for 2025, DXP Enterprises reported a notable 8.6% increase in sales, reaching $513.7 million compared to the same period in 2024. The company also achieved a GAAP diluted earnings per share of $1.31 and an adjusted EBITDA of $56.5 million, reflecting its strategic growth initiatives and operational efficiency.
Key financial highlights include a 2.5% increase in net income to $21.6 million and a 15.4% rise in free cash flow to $28.1 million. The Service Centers segment led the revenue growth with a 10.5% increase, while Innovative Pumping Solutions saw an 11.9% rise. However, the Supply Chain Services segment experienced a 5% decline in revenue. The company also completed three acquisitions during the quarter and two more subsequently, indicating a robust expansion strategy.
Looking ahead, DXP Enterprises remains optimistic about its growth trajectory, supported by a strong balance sheet and continued execution of its strategic goals. The company anticipates maintaining its momentum into the next fiscal year, driven by its diversification efforts and ongoing acquisitions.