Core Viewpoint - DXP Enterprises, Inc. reported strong financial results for the fourth quarter and fiscal year 2025, highlighting significant revenue growth, increased net income, and successful acquisitions, positioning the company for continued success in 2026 [1]. Financial Highlights - Fiscal 2025 sales reached $2.0 billion, an increase of 11.9% from fiscal 2024 [1]. - Net income for fiscal 2025 was $88.7 million, up 25.8% from $70.5 million in fiscal 2024 [1]. - Adjusted EBITDA for fiscal 2025 was $225.3 million, representing a 17.8% increase from $191.3 million in 2024 [1]. - Diluted earnings per share for fiscal 2025 were $5.37, compared to $4.22 in 2024 [1]. Fourth Quarter Performance - Sales for the fourth quarter of 2025 were $527.4 million, a 12.0% increase from $470.9 million in the fourth quarter of 2024 [1]. - Net income for the fourth quarter was $22.8 million, up 6.9% from $21.4 million in the same quarter of 2024 [1]. - Adjusted EBITDA for the fourth quarter was $59.0 million, compared to $50.3 million in the fourth quarter of 2024 [1]. Business Segment Performance - Supply Chain Services revenue for fiscal 2025 was $252.9 million, a decrease of 1.4% year-over-year [1]. - Innovative Pumping Solutions revenue increased by 26.4% to $390.3 million [1]. - Service Centers revenue grew by 11.0% to $1.4 billion [1]. Strategic Actions - The company completed six acquisitions during the fiscal year, enhancing its market position [1]. - DXP repurchased 0.2 million shares for $17.0 million in fiscal 2025 [1]. - The company refinanced its Senior Secured Term Loan B, raising an additional $205 million and reducing borrowing costs by 50 basis points [1]. Outlook - The company expressed confidence in its growth strategy and operational discipline, anticipating positive dynamics in end markets such as water & wastewater and energy in the second half of 2026 [1].