Electrical and industrial supplies distributor Graybar shared an update on its financial performance for 2025’s second quarter and first half, highlighted by considerable sales and profit growth.

Celebrating 100 years in business throughout 2025, the St. Louis-based company said it reported 2Q sales of $3.37 billion — up 12.1% year-over-year, while net profit of $138 million jumped 25.1%. Both the sales and profit figures were Graybar records for any quarter in its history, the company noted.

For the first half of the year, Graybar’s total sales were $6.3 billion, up 10.1% from a year earlier, while net profit grew 10.9%.

“Our record performance in the second quarter is a testament to the dedication and hard work of our entire team,” said Kathleen M. Mazzarella, chairman, president and chief executive officer of 

“In the second quarter, we achieved key milestones on our Graybar Connect business transformation project, including the initial upgrade of our ERP system,” company Chairman, President and CEO Kathy Mazzarella said in an Aug. 6 news release. “Looking ahead, we believe our ongoing investments in technology, people and process redesign will support our long-term growth and profitability, enhance the customer experience, and further strengthen our industry leadership position.”

On June 30, Graybar announced the extension of its $750 million credit facility, which matures in June 2030 and the company said supports its working capital needs and growth initiatives. A day later, Graybar announced it had hired an AI and digital strategy leader. Graybar also donated $400,000 to disaster relief in response to the tornado that hit St. Louis in May. 

On the accolade side, Graybar — a mainstay on MDM’s Top Distributors Lists — ranked No. 4 on the 2025 List for Electrical and No. 14 for Industrial Supplies. Additionally, the company was recognized as a US Best Managed Company by Deloitte Private and The Wall Street Journal for a second straight year.