What is DXP Enterprises's work in process?

DXP Enterprises (DXPE) reported work in process of $11.25M in Q1 2026.

How has DXP Enterprises's work in process changed year-over-year?

DXP Enterprises's work in process decreased by 29.8% year-over-year, from $16.02M to $11.25M.

What is the long-term trend for DXP Enterprises's work in process?

Over 5 years (2020 to 2025), DXP Enterprises's work in process has grown at a -10.0% compound annual growth rate (CAGR), from $17.02M to $10.06M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

DXP Enterprises DXPE Work in process

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$5.14M-19.4%

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Other financials

Income statement

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Revenue$521.7M+9.5%

Gross profit$168.6M+12.2%

Operating income$42.5M+4.8%

Net income$20.0M-3.0%

EPS (diluted)$1.22-2.4%

Balance sheet

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Cash & equivalents$213.4M+86.7%

Total debt$902.0M+31.0%

Total equity$512.2M+15.2%

Total assets$1.7B+24.8%

Cash flow

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Operating cash flow$29.6M+895%

CapEx$3.3M-83.5%

Free cash flow$26.3M+255%

Valuation

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Market cap$2.57B+68.0%

Enterprise value$3.25B+53.2%

P/E29.1×+10.0×

P/S1.2×+0.4×

Profitability

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Gross margin31.7%+0.5pp

Operating margin8.7%+0.3pp

Net margin4.3%0.0pp

FCF margin4.7%+2.8pp

Returns & leverage

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Return on equity18.4%-1.0pp

Debt / equity1.8×+0.2×

Current ratio3×+0.3×

Where this comes from

Reported directly by DXP Enterprises in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: DXP Enterprises’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DXP Enterprises's work in process?: DXP Enterprises (DXPE) reported work in process of $11.25M in Q1 2026.
How has DXP Enterprises's work in process changed year-over-year?: DXP Enterprises's work in process decreased by 29.8% year-over-year, from $16.02M to $11.25M.
What is the long-term trend for DXP Enterprises's work in process?: Over 5 years (2020 to 2025), DXP Enterprises's work in process has grown at a -10.0% compound annual growth rate (CAGR), from $17.02M to $10.06M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.