DXP Enterprises delivered double-digit growth in the second quarter of 2025, fueled by a mix of organic momentum and strategic acquisitions—and it’s not slowing down.
The Houston-based industrial distributor reported $498.7 million in sales for the quarter, up 11.9% from $445.6 million a year ago. Net income surged 41% to $23.6 million, compared with $16.7 million in the same period last year.
Sales gains were led by a 27.5% jump in the company’s Innovative Pumping Solutions segment, which brought in $93.5 million. Its largest division, Service Centers, posted $339.7 million in sales—up 10.8%. The only decline came from Supply Chain Services, which dipped slightly by 0.4% to $65.4 million.
In the first half of the year, DXP generated $975.3 million in total sales, up 13.7% from $858.2 million in the same period last year. Year-to-date net income rose 57.7% to $44.2 million.
The company said organic sales accounted for $51.9 million of its second-quarter growth, while acquisitions added another $24.6 million. DXP completed two acquisitions during the quarter and closed another deal in July, with more expected by year-end.
“These results reflect the execution of our growth strategy and the resilience of our model,” said CEO David Little.
As of June 30, the company reported $112.9 million in cash and $626.8 million in debt.
Serving industrial customers across North America and the Middle East, DXP provides maintenance, repair, and operations (MRO) products, custom-engineered pumping systems, and supply chain solutions.
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