Earnings ·
ADI Global Distribution Inc. announced second quarter 2026 financial results for the period ended July 4, 2026…
ADIG-WIAdi Global Distribution Inc.
ADI Global Distribution Inc. announced second quarter 2026 financial results for the period ended July 4, 2026, reporting record net revenue of $1,286 million, a 1% increase year-over-year despite one fewer sales day. Net income turned positive at $6 million compared to a $283 million loss in the prior year, driven by tariff refunds of approximately $20 million and improved gross margins of 22.7%. Adjusted EBITDA decreased 9% to $86 million (6.7% margin). The company initiated its standalone full-year 2026 outlook, projecting net revenue between $4,950 million and $5,000 million and Adjusted Standalone EBITDA between $275 million and $295 million. ADI Global Distribution Inc. operates as a leading global specialty distributor of professionally installed low-voltage products.