Core Insights - CSW Industrials, Inc. reported record results for the fiscal 2026 first quarter, ending June 30, 2025, with significant contributions from strategic acquisitions [1][3]. Financial Performance - Fiscal 2026 first quarter revenue reached $263.6 million, marking a $37.5 million or 16.6% increase compared to the prior year [4]. - The revenue growth included $43.7 million or 19.3% from inorganic sources due to acquisitions, while organic revenue decreased by $6.2 million or 2.8% [4]. - Gross profit was $115.4 million, a 7.5% increase from $107.4 million in the previous year, but gross margin contracted by 370 basis points to 43.8% [5]. - Operating income was $54.9 million, slightly down from $55.1 million in the prior year, with an operating margin of 20.8% compared to 24.3% [7]. - Net income attributable to CSW was $40.9 million, a 6.0% increase from $38.6 million, while diluted EPS was $2.43, down 1.9% from $2.47 [9][10]. - Adjusted EPS increased by 2.5% to $2.85, excluding amortization of acquisition-related intangible assets [9][10]. - EBITDA grew by 5.3% to a record $68.7 million, with an EBITDA margin of 26.1%, down from 28.9% [11]. Segment Performance - Contractor Solutions segment revenue was $196.7 million, a 22.6% increase, driven by acquisitions, but organic revenue decreased by 4.6% [13]. - Specialized Reliability Solutions segment revenue remained flat at $36.8 million, with operating income decreasing by 26.7% to $5.2 million [14]. - Engineered Building Solutions segment revenue increased by 3.2% to $31.9 million, but operating income decreased to $4.0 million [15]. Cash Flow and Debt Management - Cash flows from operations were $60.6 million, comparable to $62.7 million in the prior year, with free cash flow at $57.7 million [12][44]. - The company paid down $40 million of debt, resulting in a net leverage ratio of 0.2x after borrowing $135 million for the Aspen acquisition [9].

Core Points - CSW Industrials, Inc. has commenced trading on the New York Stock Exchange under the ticker symbol "CSW" starting June 9, 2025 [1] - The Executive Management Team and Board of Directors will celebrate this milestone by ringing the closing bell at the NYSE [1] Company Overview - CSW Industrials is a diversified industrial growth company operating in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions [2] - The company provides niche, value-added products characterized by performance and reliability [2] - Key end markets served include HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation [2]