WESCO International reported second-quarter 2026 results with revenue up 13% year-over-year to $6.67B and diluted EPS of $4.23, driven by broad volume growth across channels and improved margins.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$6.67B$5.9B13% | Net income²$209M$189.2M10.5% | Diluted EPS³$4.23$3.8310.4% |
¹ Reported as “Net sales”. ² Reported as “Net income attributable to common stockholders”. ³ Reported as “Diluted earnings per share attributable to common stockholders”.
Business Highlights
- Revenue growth was driven by ~12.5% organic volume growth and roughly 3% benefit from pricing; second-quarter sales totaled $6.67B and year-to-date sales were about $12.7B.
- Channel and segment momentum was broad-based, with strong volume across EES, CSS and UBS; CSS data-center solutions led with approximately 17–19% organic uplift.
- Operational improvements supported margin expansion in EES and CSS and contributed to a 24% increase in adjusted EBITDA year-over-year for both the quarter and YTD; backlog reached a record level.
- WESCO continues multi-year digital transformation deployment (DDP) with rising transformation investments to unify technology and operations.
- Working capital and operating cash improved materially, driven by timing of payables, deferred revenue and customer advance billings.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.