Global Industrial Reports Second Quarter 2026 Financial Results
Global Industrial reported Q2 sales of $386.6 million, up 7.7% year-over-year, with average daily sales growing 9.3%. GAAP EPS jumped to $0.96 from $0.65, bolstered by a one-time $26.2 million benefit from IEEPA tariff refunds. Excluding the tariff benefit, the operational picture was softer, with non-GAAP operating income falling to $28.2 million from $33.5 million and adjusted EPS dropping to $0.54.
Key figures
- Eps
- 0.96
- Revenue
- $386.6 million
- Guidance
- None provided
- Revenue Yoy
- 7.7%
- Non gaap eps
- 0.54
- Buyback spend
- $4.7 million
- Dividend declared
- $0.28
- Gross margin gaap
- 40.2%
- Shares repurchased
- 160000
- Operating cash flow
- 41300000
- Gross margin non gaap
- 34.7%
- Operating income gaap
- 49300000
- Tariff refund benefit
- $26.2 million
- Operating income non gaap
- 28200000
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.