v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 213,381 $ 303,783
Accounts receivable, net of allowance of $4,299 and $3,995, respectively 420,246 397,502
Inventories 117,991 108,144
Costs and estimated profits in excess of billings 58,971 53,855
Prepaid expenses and other current assets 40,064 47,033
Total current assets 850,653 910,317
Property and equipment, net 117,361 114,822
Goodwill 550,758 494,561
Other intangible assets, net 122,818 81,351
Operating lease right of use assets, net 74,180 74,709
Other long-term assets 9,012 9,395
Total assets 1,724,782 1,685,155
Current liabilities:    
Current maturities of debt 8,580 8,580
Trade accounts payable 122,997 116,765
Accrued wages and benefits 45,411 51,180
Customer advances 13,110 15,460
Billings in excess of costs and estimated profits 25,325 15,689
Short-term operating lease liabilities 19,398 19,038
Other current liabilities 50,875 45,769
Total current liabilities 285,696 272,481
Long-term debt, net of unamortized debt issuance costs and discounts 817,360 818,476
Long-term operating lease liabilities 56,675 57,509
Other long-term liabilities 52,854 38,250
Total long-term liabilities 926,889 914,235
Total liabilities 1,212,585 1,186,716
Commitments and Contingencies (Note 10)
Shareholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 20,395,996 issued and 15,505,939 outstanding at March 31, 2026 and 20,403,647 issued and 15,513,590 outstanding at December 31, 2025 204 204
Additional paid-in capital 215,948 220,681
Retained earnings 498,212 478,257
Accumulated other comprehensive loss (32,071) (30,607)
Treasury stock, at cost 4,890,057 and 4,890,057 shares, respectively (170,112) (170,112)
Total DXP Enterprises, Inc. equity 512,197 498,439
Total liabilities and equity 1,724,782 1,685,155
Series A Preferred Stock    
Shareholders' equity:    
Preferred stock 1 1
Series B Preferred Stock    
Shareholders' equity:    
Preferred stock $ 15 $ 15