DXPE Q1 2023 Earnings — DXP Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

DXPEDXP Enterprises, Inc.

$2B

Q1 2023 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$424M+32.8% YoY

Gross Profit

$125M29.5% margin

Operating Income

$35M8.3% margin

Net Income

$18M4.1% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$23M

Stock-Based Comp.

$476,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$679M

Stockholders' Equity

$374M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$424M	$319M	+32.8%
Gross Profit	$125M	$95M	+31.8%
Operating Income	$35M	$22M	+64.2%
Net Income	$18M	$13M	+39.1%

Revenue Segments

Service Centers

$295M70%

Supply Chain Services

$67M16%

Innovative Pumping Solutions

$62M15%