DXPE Q2 2026: Revenue +15.6% to $576.5M, net income +21.6% to $28.7M, EPS

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Net income rose 21.6% to $28.7M ($1.76 diluted EPS, +23.1%) on 15.6% revenue growth to $576.5M, outpacing operating income's 21% gain as the effective tax rate climbed to 27.7% from 25.3% on R&D credit reserve updates.

  MD&A: Financial Results verify on EDGAR →
• high

  IPS segment sales surged 52.6% ($49.2M) driven by $47.0M in acquisition sales (vs $9.0M prior year) and $11.3M organic growth in water/wastewater and production contracts, doubling total acquisition contribution to $49.8M.

  MD&A: Segment Performance verify on EDGAR →
• high

  Free cash flow jumped to $29.8M from $8.3M in Q2 FY25; six-month FCF swung to +$56.0M from -$8.6M on higher operating cash ($62.0M vs $21.6M) and lower capex ($5.9M vs $30.3M).

  MD&A: Cash Flow verify on EDGAR →