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Midas Edge

DXP ENTERPRISES INC

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 7, 2025

DXPE$156.54+11.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

(Note 15)

NOTE 15 -OTHER INCOME AND EXPENSES

The components of other (income) expense were as follows:

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Interest income(765)(1,192)(1,797)(3,065)
Change in fair value of contingent consideration545(111)728(305)
Other, net(134)268(603)366
Total(354)(1,035)(1,672)(3,004)

NOTE 16 -REVENUE

The Company disaggregates revenue based upon our geography and our reportable segments - Service Centers, Innovative Pumping Solutions and Supply Chain Services. Each of our geographic and reportable business segments are impacted and influenced by varying factors, including the macroeconomic environment, maintenance and capital spending and commodity prices and exploration and production activity. As such, we believe this information is important in depicting the nature, timing and uncertainty of our contracts with customers. The following Geographical Information and Note 11 - Segment Reporting present our revenue disaggregated by source.

Geographical Information

Revenues are presented in geographic area based on location of the facility shipping products or providing services.

The Company’s revenues by geographical location are as follows:

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Revenues
United States$478,864$423,621$936,104$818,500
Canada19,36921,14438,35738,219
Other4497917901,472
Total$498,682$445,556$975,251$858,191

Recent Acquisitions

We define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded in our calculation of Organic Sales.

The following tables sets forth the disaggregation of revenue from sales associated with recent acquisitions for the three and six months ended June 30, 2025 and 2024(in thousands):

SalesAcquisition SalesOrganic Sales
Service Centers$339,731$15,555$324,176
Innovative Pumping Solutions93,5409,05084,490
Supply Chain Services65,411—65,411
Total Sales$498,682$24,605$474,077
Service Centers$306,516$8,708$297,808
Innovative Pumping Solutions73,37714,69558,682
Supply Chain Services65,663—65,663
Total Sales$445,556$23,403$422,153
$ Change
Service 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
% Change
Service Centers10.8%78.6%8.9%
Innovative Pumping Solutions27.5%(38.4)%44.0%
Supply Chain Services(0.4)%N/A(0.4)%
Total % Change11.9%5.1%12.3%
SalesAcquisition SalesOrganic Sales
Service Centers$666,806$33,496$633,310
Innovative Pumping Solutions179,72222,221157,501
Supply Chain Services128,723—128,723
Total Sales$975,251$55,717$919,534
Service Centers$594,952$10,219$584,733
Innovative Pumping Solutions135,59224,959110,633
Supply Chain Services127,647—127,647
Total Sales$858,191$35,178$823,013
$ Change
Service Centers$71,854$23,277$48,577
Innovative Pumping Solutions44,130(2,738)46,868
Supply Chain Services1,076—1,076
Total $ Change$117,060$20,539$96,521
% Change
Service Centers12.1%227.8%8.3%
Innovative Pumping Solutions32.5%(11.0)%42.4%
Supply Chain Services0.8%N/A0.8%
Total % Change13.6%58.4%11.7%
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.