Graybar’s Double-Digit Sales Growth Continues Alongside Record Profit - Modern Distribution Management

Graybar’s Double-Digit Sales Growth Continues Alongside Record Profit

The electrical and industrial distributor keeps breaking company sales and profit records.
Indianapolis - Circa August 2022: Graybar electrical and telecommunications equipment distributor. Graybar is an employee-owned corporation.

Electrical, industrial, automation and connectivity products distributor shared its topline 1Q26 financial results on April 28, and they remain robust.

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The St. Louis-based company said it had 1Q sales of $3.3 billion —up 12.4% year-over-year and the second-best net sales for any quarter in Graybar history. The strong growth follows the company’s 10.6% growth for all of 2025 ($12.9 billion total), which marked its 100th year in business.

Graybar reported 1Q net profit of $142 million — a 40.6% surge year-over-year and the highest net profit in company history.

“Building on last year’s momentum, Graybar’s strong first quarter performance reflects the dedication of our employees and their commitment to our customers,” said Kathy Mazzarella, Chairman, President and CEO of Graybar. “As an employee-owned company, we remain focused on delivering great service, managing our business wisely and investing for the long term. Through our ongoing business transformation, we are building advanced capabilities designed to support growth, enhance the value we bring to our customers and strengthen our position as an industry leader.”

It was a busy 1Q26 for Graybar, which included the following:

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