Wesco International Inc.
WESCO International Reports Strong Q1 2026 Financial Results
Summary
WESCO International, Inc. reported record first quarter 2026 net sales of $6.1 billion, a 14% increase year-over-year (YOY). Organic sales grew by 12.3% YOY, and data center sales surged by approximately 70% YOY to $1.4 billion. The company's total backlog increased by 22% YOY to a new record level. Operating margin improved to 4.8%, up 30 basis points YOY, and adjusted EBITDA margin expanded by 60 basis points YOY to 6.4%. Diluted earnings per share (EPS) was $3.11, and adjusted diluted EPS was $3.37, up 52.5% YOY. Free cash flow was $213 million, or 128% of adjusted net income. WESCO International raised its full-year 2026 outlook due to the exceptional start to the year.
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About Wesco International Inc.
Wesco International Inc. is a leading distributor of electrical, industrial, and communications maintenance, repair, and operating (MRO) products. This asset operates at the intersection of various sectors, playing a key role in providing essential supplies to a diverse array of industries, including construction, utility, industrial, and commercial businesses. Wesco International's extensive product portfolio includes electrical and industrial control components, wiring cables, lighting solutions, and safety and security devices. The company stands out for its integrated supply chain and value-added services, such as logistics management, procurement services, and project support, which efficiently cater to customer needs across North America and globally. By delivering comprehensive supply chain solutions, Wesco International enhances operational efficiency and reliability for its clients. Founded in 1922 and headquartered in Pittsburgh, Pennsylvania, Wesco International has established itself as a pivotal player in the B2B distribution industry, underscoring its importance in connecting suppliers and customers with essential goods and services to support infrastructure and project endeavors.
Official SEC Documents
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