The financials
Global Industrial Company by the numbers
Global Industrial Company (GIC) reported revenue of $350M in Q1 2026 (quarter ended March 31, 2026), up 9.2% from the same quarter a year earlier. That came with a gross margin of 35% and net income of $17M (4.7% of revenue). For the full year FY2025, revenue was $1.38B (+4.8% year on year) and net income $72M. Its largest region in 2026-Q1 was US at $330M, 94% of the disclosed total, just ahead of CA at 5.8%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $350M | $321M | +9.2% |
| Gross profit | $122M | $112M | +8.7% |
| Operating income | $21M | $18M | +13% |
| Net income | $17M | $14M | +22% |
| Diluted EPS | $0.42 | $0.35 | +20% |
| Geographic | Revenue | Share |
|---|---|---|
| US | $330M | 94% |
| CA | $20M | 5.8% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $350.4M (-0.90%)
CA grew +30% year on yearUS +8.1% year on year
Segment Latestquarter on quarteryear on year
- US$330.2M$330.2MQoQ -1.5%year on year +8.1%-1.5%+8.1%
- CA$20.2M$20.2MQoQ +9.2%year on year +30%+9.2%+30%
Industrial Distribution
Ranks #6 of 17 by Smart Score