{"schema_version":"secwatch.filing_event.v1","accession":"0000703604-26-000023","form_type":"8-K","ticker":"DSGR","cik":"0000703604","company_name":"Distribution Solutions Group, Inc.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.652433+00:00","generated_at":"2026-05-15T01:18:44.960345+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"DSGR Q1 revenue up 3.8% to $496M; adjusted EBITDA down 11.6% to $37.8M","bullets":["Net income $0.4M, down 88.3% YoY; adjusted diluted EPS $0.24 vs $0.31 year ago.","Operating income $13.6M (down 32.2%) includes $11M non-cash amortization and $4.5M non-recurring items.","Gross margin fell 140 bps to 32.9% on mix shifts and higher tariffs.","Acquired Eastern Valve & Control Specialties (Atlantic Canada) for $0.8M partial-quarter revenue.","Liquidity $415M; net debt leverage 3.8x; cash used in ops $20.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0000703604-26-000023","json":"https://secwatch.observer/filing/0000703604-26-000023.json","markdown":"https://secwatch.observer/filing/0000703604-26-000023.md","text":"https://secwatch.observer/filing/0000703604-26-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/703604/000070360426000023/0000703604-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/703604/000070360426000023/laws-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:18:44.960345+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"440b4eec05096d318127407d3758349ba1b0612c","claim":"Distribution Solutions Group, Inc. reported the first quarter ended March 31, 2026 results: revenue $495,995, net income $382, EPS $0.01.","evidence_excerpt":"the reconciliations of GAAP to non-GAAP measures in Tables 2, 3 and 4. Three Months Ended March 31, December 31, (Dollars in thousands) 2026 2025 % Change 2025 % Change Revenue $ 495,995 $ 478,029 3.8 % $ 481,599 3.0 % Operating income $ 13,630 $ 20,097 (32.2) % $ 7,721 76.5 % Non-GAAP adjusted operating income $ 29,113 $ 34,392 (15.3) % $ 26,517 9.8 % Net income","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/703604/000070360426000023/0000703604-26-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$495,995"},{"label":"Net income","value":"$382"},{"label":"EPS","value":"$0.01"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}