DXPE Q2 2023 Earnings — DXP Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

DXPEDXP Enterprises, Inc.

$2B

Q2 2023 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$428M+16.4% YoY

Gross Profit

$132M30.8% margin

Operating Income

$37M8.8% margin

Net Income

$19M4.5% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$4M

Stock-Based Comp.

$871,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$665M

Stockholders' Equity

$369M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$428M	$368M	+16.4%
Gross Profit	$132M	$104M	+26.5%
Operating Income	$37M	$26M	+44.6%
Net Income	$19M	$14M	+32.0%

Revenue Segments

Service Centers

$298M70%

Supply Chain Services

$66M15%

Innovative Pumping Solutions

$63M15%