Distribution Solutions Group Announces First Quarter 2026 Results
Distribution Solutions Group, Inc. reported its first quarter 2026 results, with revenue increasing by 3.8% year-over-year to $496.0 million. This growth was primarily driven by a 3.6% organic sales increase and a $0.8 million contribution from the recent acquisition of Eastern Valve. Despite a decrease in gross margin to 32.9% due to shifts in customer and vertical sales mix and increased tariff rates, the company saw sequential improvement in profitability. Adjusted EBITDA was $37.8 million, or 7.6% of sales, representing a sequential improvement. The company also completed the acquisition of Eastern Valve & Control Specialties Ltd., expanding its presence in Canada. Total available liquidity stood at $415 million at the end of the quarter.