Houston-based pumping solutions and industrial supplies distributor DXP Enterprise reported its 1Q26 financial results on May 7, which showed continued strong year-over-year sales gains, albeit at a sequential deceleration vs. 4Q25.

DXP posted total 1Q sales of $522 million, up 9.5% year-over-year (+12.0% in 4Q25), with organic sales up 8.0% (+12.7%). Acquisitions contributed $41 million.

By business segment during 1Q:

• Service Center sales of $338 million increased 3.3% YoY, with a 14.7% operating margin
• Innovative Pumping Solutions sales of $119 million surged 37.7% YoY, with an 18.3% operating margin
• Supply Chain Services sales of $65 million increased 2.7% YoY, with a 9.9% operating margin

DXP’s 1Q gross margin of 32.3% improved 80 basis points YoY and 70 bps sequentially. 1Q operating profit was $42 million on 8.1% margin ($40.5M/8.5% a year earlier); net profit was $20 million ($20.6M); and adjusted EBITDA was $58 million on 11.1% margin ($52.5/11.0%).

DXP closed on three acquisitions during the quarter:

• Ambiente H2O — manufacturer representative baked in Sheridan, CO
• PREMIERflow — distributor of integrated fluid handling pump systems based in Tulsa, OK
• Mid Atlantic Storage Systems — liquid storage tank distributor based in Washington, OH

PREMIERflow and Mid Atlantic Storage Systems add more than $110 million and 185 employees combined to DXP.