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Global Industrial GIC Reportable Segment — Net advertising expenses

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Other financials

Income statement

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Revenue$350.4M+9.2%
Gross profit$121.9M+8.7%
Operating income$20.6M+13.2%
Net income$16.6M+22.1%
EPS (diluted)$0.42+20.0%

Balance sheet

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Cash & equivalents$61.7M+58.2%
Total debt$99.2M+23.7%
Total equity$319.9M+11.1%
Total assets$581.1M+8.3%

Cash flow

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Operating cash flow$6.4M+88.2%
CapEx$800.0K+300%
Free cash flow$5.6M+75.0%

Valuation

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Market cap$1.28B+25.7%
Enterprise value$1.32B+24.4%
P/E17×+0.5×
P/S0.9×+0.1×

Profitability

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Gross margin35.5%+1.0pp
Operating margin7.1%+0.9pp
Net margin5.3%+0.7pp
FCF margin5.5%+2.0pp

Returns & leverage

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Return on equity24.7%+2.3pp
Debt / equity0.3×0.0×
Current ratio2.3×+0.2×

Where this comes from

Reported directly by Global Industrial in its filing.

Tagged under the XBRL concept us-gaap:AdvertisingExpense.

The official record: Global Industrial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Industrial's reportable segment — net advertising expenses?
Global Industrial (GIC) reported reportable segment — net advertising expenses of $24M in Q1 2026.
How has Global Industrial's reportable segment — net advertising expenses changed year-over-year?
Global Industrial's reportable segment — net advertising expenses increased by 21.8% year-over-year, from $19.7M to $24M.
What is the long-term trend for Global Industrial's reportable segment — net advertising expenses?
Over 3 years (2022 to 2025), Global Industrial's reportable segment — net advertising expenses has grown at a 8.1% compound annual growth rate (CAGR), from $72M to $91M.
What does reportable segment — net advertising expenses mean?
Captures the net costs incurred for marketing and promotional activities specifically allocated to the business segment. This reflects the investment required to drive customer acquisition and maintain brand visibility in the competitive industrial distribution market. Tracking this helps determine the effectiveness of marketing spend in supporting segment revenue growth.