Short answer
GLOBAL INDUSTRIAL Co (GIC) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $350M (up 9.2% year over year) with net income of $17M.
Q1 2026 key financials · XBRL
- Revenue
- $350M
- +9.2% YoY
- Net income
- $17M
- +22.1% YoY
- Operating margin
- 5.9%
- Gross margin
- 34.8%
- EPS (diluted)
- $0.42
- +20.0% YoY
Source: XBRL data from the GLOBAL INDUSTRIAL Co (GIC) Q1 2026 10-Q on SEC EDGAR. USD.
GLOBAL INDUSTRIAL Co Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $350.4M, up 9.2% YoY from $321.0M, led by strategic accounts and price-volume gains
- Gross margin 34.8% vs 34.9%; operating margin 5.9% vs 5.7% YoY
- Canada strongest geography, sales up 30.3%; U.S. sales up 8.1%
- Cash $61.7M vs $67.5M; operating cash flow $4.7M vs $3.3M
- Margin headwinds from elevated fuel, tariffs, ocean freight; tariff-refund timing and recovery uncertain
Risk Factors
- No material risk-factor changes during the quarter ended March 31, 2026
- Regulatory and compliance risks carried forward from the fiscal 2025 10-K
- Operational and competitive risks carried forward from the fiscal 2025 10-K
- Liquidity, debt, currency, and concentration risks carried forward from the fiscal 2025 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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