---
schema_version: "secwatch.filing_event.v1"
accession: "0000703604-23-000045"
form_type: "8-K"
ticker: "DSGR"
cik: "0000703604"
company_name: "Distribution Solutions Group, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:27:34.248463+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DSGR Q1 revenue up 28% adjusted, EPS $0.52 non-GAAP; announces $269M Hisco acquisition

## Summary
- GAAP revenue $348.3M, up 126% YoY; adjusted revenue $348.3M, up 28.1% YoY.
- Adjusted EBITDA $39.4M (11.3% of sales), up 73.6% YoY; diluted EPS $0.28, non-GAAP diluted EPS $0.52.
- Organic revenue growth of 13.7% driven by strong performance across all segments.
- Announced acquisition of Hisco for $269.1M cash (plus earn-out up to $12.6M); expected close Q2 2023.
- Lawson Products segment adjusted revenue $125.3M, adjusted EBITDA margin 14.7% vs 7.7% prior year.

## SEC filing metadata
- accession: 0000703604-23-000045
- form_type: 8-K
- ticker: DSGR
- cik: 0000703604
- company_name: Distribution Solutions Group, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703604/000070360423000045/0000703604-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703604/000070360423000045/laws-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000703604-23-000045
- JSON: https://secwatch.observer/filing/0000703604-23-000045.json
- Plain text: https://secwatch.observer/filing/0000703604-23-000045.txt

## Key facts
- Earnings Releases
  Distribution Solutions Group, Inc. reported first quarter ended March 31, 2023 results: revenue $348,270, EPS $0.28.
  - Period: first quarter ended March 31, 2023
  - Revenue: $348,270
  - EPS: $0.28
  - Result: reported results
  source text: results (unaudited). See reconciliation of GAAP to non-GAAP measures in tables 2 and 3. Three Months Ended March 31, (Dollars in thousands) 2023 2022 % Change GAAP Revenue $ 348,270 $ 154,085 126.0 % Pre-Merger Revenue(1) — 117,877 N/M Adjusted Revenue 348,270 271,962 28.1 % GAAP Operating Income 16,721 2,988 N/M Pre-Merger Operating Income(1) — 12,076 N/M
  evidence_url: https://www.sec.gov/Archives/edgar/data/703604/000070360423000045/0000703604-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.