WESCO International, Inc. 10-Q filed Jul 30, 2026

Modified · Business Highlights

Our financial results reflect continued sales momentum in the first quarter six months of 2026, highlighted by a 13.813.4% year over year year-over-year increase in reported Net sales driven by volume growth across all three segments. For the first quarter six months of 2026 compared to the first quarter six months of 2025, organic sales increased by 12.312.5%, which adjusts for fluctuations in foreign exchange rates. Our CSS segment data center solutions business is primarily driving this growth in salesAll three of our segments contributed to growth, led by our CSS segment's data center solutions business. Our EES segment experienced continued growth and improved gross margin across its constructionOEM and OEMconstruction businesses, fueled in part by strong wire and cable demand, as well as continued demand for data center projects and increased infrastructure activity. Our UBS segment also delivered sales growth, driven by year-over-year increases in its utility business from investor-owned utility sales United States and continued momentum in grid servicesCanadian broadband businesses, along with growth in the United States broadband its utility business. Our UBS segment experienced lower gross margin primarily driven by public power utility customers and increased grid services activity. We also saw record year-over-year backlog growth driven by our CSS and EESall three segments.