---
schema_version: "secwatch.filing_event.v1"
accession: "0000703604-23-000063"
form_type: "8-K"
ticker: "DSGR"
cik: "0000703604"
company_name: "Distribution Solutions Group, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:57:03.724080+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DSG Q2 revenue up 17.6% to $378M; adj. EBITDA +26.7% to $40.1M

## Summary
- GAAP operating income tripled to $13.8M (3.6% of revenue) vs $4.1M (1.3%) YoY.
- Diluted EPS of $0.14 vs loss of $0.23; non-GAAP adj. diluted EPS $0.52 vs $0.36.
- Hisco acquisition closed June 8 for $270.4M net cash; contributed ~$28M sales to TestEquity.
- Segment adj. EBITDA margins: Lawson 13.5%, Gexpro 12.1%, TestEquity 7.0%, All Other 9.6%.
- Ended quarter with $189.6M credit availability and $44.2M cash on hand.

## SEC filing metadata
- accession: 0000703604-23-000063
- form_type: 8-K
- ticker: DSGR
- cik: 0000703604
- company_name: Distribution Solutions Group, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703604/000070360423000063/0000703604-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703604/000070360423000063/laws-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000703604-23-000063
- JSON: https://secwatch.observer/filing/0000703604-23-000063.json
- Plain text: https://secwatch.observer/filing/0000703604-23-000063.txt

## Key facts
- Earnings Releases
  Distribution Solutions Group, Inc. reported second quarter ended June 30, 2023 results: revenue $378.0 million, EPS $0.14.
  - Period: second quarter ended June 30, 2023
  - Revenue: $378.0 million
  - EPS: $0.14
  - Result: reported results
  source text: • GAAP revenue was $378.0 million, an increase of $56.6 million or 17.6%, which included $43.4 million of additional revenue from companies acquired in 2022 and 2023 other than Lawson Products. 1 • GAAP operating income increased by $9.7 million from the prior year period to $13.8 million representing 3.6% of GAAP revenue. Adjusted EBITDA increased 26.7% from the prior year period to $40.1 million or 10.6% of revenue. • Diluted income per share was $0.14 for the quarter compared to a diluted loss per share of $0.23 in the year-ago quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/703604/000070360423000063/0000703604-23-000063-index.htm

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