#United States #St. Louis #Graybar #Fortune 500 #Samson Electrical Supply

Graybar Achieves Record Performance in Third Quarter

Graybar, renowned for its role as a key distributor of electrical, industrial, automation, and connectivity products, has announced an exceptional financial performance for the third quarter of 2026. The company's latest report highlights its remarkable growth trajectory, underscoring its status within the industry.

In the recent quarterly report, Graybar revealed net sales of $4.0 billion, representing a noteworthy 22.0% increase compared to the same quarter last year. This growth is a testament to the company's strategic initiatives and robust operational capabilities, which have contributed to a record net income of $171.3 million—a staggering 43.6% rise year-over-year. This achievement marks Graybar's second consecutive quarter of record-setting financial performance.

When looking at the first nine months of the year, Graybar's cumulative net sales reached $11.1 billion, a 15.5% increase from the same period last year, while net income surged to $471.8 million, reflecting a 31.7% growth in profitability. These impressive figures illustrate the strength and resilience of Graybar in a competitive marketplace.

Kathleen M. Mazzarella, the chairman, president, and CEO of Graybar, expressed her pride in the company's performance. She stated, "I am very proud of our strong performance so far this year, including two consecutive record quarters. As we transform our business for the future, we remain grounded in the core values that have shaped our employee-owned company for the past 97 years. Looking ahead, we will continue to invest in the people, technologies, and capabilities that support our strategy and enhance the value we provide to our customers."

Key Highlights from the Third Quarter of 2026

• - Acquisition of Samson Electrical Supply: Graybar made strategic advancements by acquiring New Jersey-based Samson Electrical Supply, the third acquisition made by the company in the year. This move not only expands Graybar's operational capacity but also enhances its market reach.
• - Recognition as a Top Sales Company: For the 21st time, Graybar has been named to Selling Power’s esteemed annual list of the 60 Best Companies to Sell For. This recognition underscores the company's commitment to building a workforce that thrives on excellence.
• - Industrial Distribution Ranking: Graybar proudly ranked No. 13 on the 2026 Industrial Distribution Big 50 list, which ranks the top distributors in North America. This represents an improvement from the previous year’s position, marking Graybar's fifth consecutive year on the list.

In addition to its impressive financial results, Graybar's alignment with industry trends and responsiveness to market demands demonstrate its unwavering commitment to delivering quality products and services. Its network of 355 distribution facilities across North America allows the company to stock and provide an array of products from thousands of manufacturers, thereby helping customers to efficiently power, network, automate, and secure their operations.

With a forward-thinking mindset and an eye towards innovation, Graybar is not only adapting to current market dynamics but is also poised for future growth. As the company navigates through its 97th year, its commitment to investing in people, technology, and customer service remains at the helm of its strategy.

For more information, visit Graybar’s website or contact Graybar at 1-800-GRAYBAR.