Industrial and MRO supplies distributor Global Industrial Company reported its 2026 first quarter financial results on May 5, showing strong sales and profit growth while margins were relatively flat.
The Port Washington, NY-based company posted total 1Q sales of $350 million, up 9.2% year-over-year, with average daily sales up 7.6%.
The company’s 1Q gross margin of 34.8% dipped 10 basis points; operating profit of $20.6 million jumped 13.2%; and net profit of $15.3 million increased 13.3%.
The company noted that growth was driven by both price and volume improvement, with performance led by Global’s largest and most strategic accounts, while Canada delivered its third straight quarter of double-digit top-line growth.
“We are making progress and are encouraged by the actions we have taken to reposition the business and refine our value proposition,” Global Industrial CEO Anesa Chaibi said in the company’s financial statement. “This includes aligning around the customer to better serve their needs and being more intentional in our go-to-market approach.”
Global Industrial had 2025 total revenue of $1.38 billion — up 4.8% annually.
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