WESCO International, Inc. Q1 2026 Earnings Release

WESCO International, Inc. reported record first quarter 2026 results with net sales of $6.1 billion, a 14% increase year-over-year, driven by 12% organic growth. The company saw significant growth in data center sales, which were up approximately 70% year-over-year, and a record total company backlog up 22% year-over-year. Operating margin improved to 4.8%, with adjusted EBITDA margin increasing by 60 basis points to 6.4%. Diluted EPS was $3.11, and adjusted diluted EPS was $3.37, up 52.5% year-over-year. Operating cash flow was $221 million, and free cash flow was $213 million. The company is raising its full-year 2026 outlook due to a strong start to the year. Key drivers include strong performance in the Communications and Security Solutions (CSS) segment, with organic sales up 22%, and the Electrical and Electronic Solutions (EES) segment, with organic sales up 7%. The Utility and Broadband Solutions (UBS) segment saw organic sales up 6%, though profitability was pressured. WESCO International also announced a successful $1.5 billion bond offering to refinance existing debt, expecting over $20 million in annualized interest savings.