EarningsQ2 2026 Earnings Report
MX:WCC Q2 2026 EPS Results
Actual EPS$78.69
Consensus EPS$68.52
Beat/MissBeat by +$10.18
One Year Ago EPS$58.37
MX:WCC Q2 2026 Revenue Results
Actual Revenue$114.77B
Expected Revenue$110.87B
Beat/MissBeat by +$3.90B
YoY Revenue Growth+12.98%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
MX:WCC Upcoming Earnings
Wesco International's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:WCC Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum with multiple record financials (sales, adjusted EBITDA, adjusted EPS), meaningful data center-led growth, substantial backlog expansion, margin expansion across business units, strategic acquisitions and a material multiyear grid services win. Near-term headwinds include working capital intensity impacting free cash flow variability, some mix-driven margin pressure expected in Q3, public power margin dynamics in UBS, and industry capacity constraints (power and labor). Overall, the favorable operating results and raised guidance materially outweigh the challenges highlighted.Company Guidance
Record Sales and Top-Line Growth
Second-quarter sales of $6.7 billion, reported and organic growth of 13% year-over-year; fourth consecutive quarter of double-digit sales growth for the Wesco enterprise.
Strong Profitability Expansion
Record adjusted EBITDA of $487 million, up 24% year-over-year; adjusted EBITDA margin expanded 60 basis points to 7.3% overall; adjusted EPS rose 35% to a record $4.57.
Data Center Momentum
Data center sales reached $1.5 billion, up approximately 45% year-over-year; data center a major growth driver across business units (CSS data center sales ~45% growth; EES data center sales >70%).
Business Unit Margin Improvements
CSS adjusted EBITDA margin reached a record 10.2% (up ~140 bps) and CSS sales grew 18%; EES margin expanded to 9.2% (up ~110 bps) with 11% sales growth; UBS returned to ~10% EBITDA margin with 7% sales growth.
Record and Growing Backlog
Company backlog up ~60% year-over-year with three consecutive quarters of record backlog: CSS backlog +95%, EES +30%, UBS +80%, driven by multiyear customer commitments.
Strategic Win: Grid Services Award
Significant multiyear grid services award from a hyperscale data center customer (direct to end user) that is expected to be margin-accretive for UBS and to ship over multiple years.
Acquisition Expands Capabilities
Acquisition of Singapore-based Newark Engineering closed July 1, 2026, adding engineered cooling and lifecycle services capabilities to strengthen data center end-to-end offerings and Southeast Asia presence.
Raised Full-Year Outlook and Financial Flexibility
Full-year organic sales growth outlook raised to 9%–11% (from 5%–8%); reported sales growth now 10%–12%; adjusted EBITDA margin guidance raised to 6.9%–7.1%; adjusted diluted EPS raised to $16.00–$17.50; net debt/adjusted EBITDA improved to ~3.0x from 3.4x.
Cash Generation and Capital Actions
First-half free cash flow of $246 million; Q2 free cash flow $32 million; repurchased $50 million of shares YTD (including $25 million in Q2); redeemed 2028 notes and extended debt maturity profile.
MX:WCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed