Distribution Solutions Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.98B | $1.80B | $1.57B | $1.15B | $520.3M | $351.6M | $370.8M | $349.6M |
| Cost of Revenue | $1.32B | $1.19B | $1.02B | $760.5M | $390.0M | $165.1M | $173.4M | $160.1M |
| Gross Profit | $662.0M | $613.8M | $551.9M | $390.9M | $130.3M | $186.5M | $197.4M | $189.5M |
| Gross Margin | 33.4% | 34.0% | 35.1% | 33.9% | 25.0% | 53.1% | 53.2% | 54.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $583.8M | $557.8M | $508.9M | $349.1M | $118.9M | $89.2M | $102.9M | $180.3M |
| Operating Income | $78.3M | $56.0M | $43.0M | $41.8M | $11.4M | $20.6M | $9.1M | $9.2M |
| Operating Margin | 4.0% | 3.1% | 2.7% | 3.6% | 2.2% | 5.8% | 2.4% | 2.6% |
| Interest Expense | — | — | $42.8M | $24.3M | $16.7M | $654.0K | $603.0K | $1.0M |
| Pretax Income | $19.4M | $-536.0K | $-2.0M | $12.9M | $-4.7M | $20.8M | $9.7M | $6.9M |
| Income Tax Expense | $11.1M | $6.8M | $7.0M | $5.5M | $313.0K | $5.7M | $2.5M | $649.0K |
| Net Income | $8.3M | $-7.3M | $-9.0M | $7.4M | $-5.1M | $15.1M | $7.2M | $6.2M |
| Net Margin | 0.4% | -0.4% | -0.6% | 0.6% | -1.0% | 4.3% | 1.9% | 1.8% |
| EPS (Basic) | $0.18 | $-0.16 | $-0.20 | $0.22 | $-0.16 | $0.56 | $0.27 | $0.23 |
| EPS (Diluted) | $0.18 | $-0.16 | $-0.20 | $0.21 | $-0.16 | $0.54 | $0.26 | $0.22 |
| Shares Outstanding (Basic) | 46.4M | 46.8M | 44.9M | 34.3M | 30.7M | 27.1M | 26.9M | 26.7M |
| Shares Outstanding (Diluted) | 47.2M | 46.8M | 44.9M | 35.1M | 30.7M | 28.0M | 28.1M | 27.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |