GICGlobal Industrial Company

$1B

Q2 2024 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$348M+6.8% YoY

Gross Profit

$123M35.2% margin

Operating Income

$26M7.6% margin

Net Income

$20M5.8% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$18M

Stock-Based Comp.

-$400,000

Balance Sheet

Total Assets

$543M

Total Liabilities

$272M

Stockholders' Equity

$270M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$348M	$326M	+6.8%
Gross Profit	$123M	$113M	+8.5%
Operating Income	$26M	$29M	-9.3%
Net Income	$20M	$22M	-5.6%

Geographic Segments

UNITED STATES

$331M95%

CANADA

$17M5%

GIC Q2 2024 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena