Wesco International (NYSE:WCC) reported record-breaking financial results for 2025 on Tuesday, February 10, 2026, though a conservative outlook for the year ahead sent shares down more than 4% in early trading.
The Pittsburgh-based distributor posted full-year net sales of $23.5 billion, an 8% increase over 2024, powered by the accelerating build-out of artificial intelligence infrastructure and global data centers.
The company’s fourth-quarter performance was particularly strong in high-growth sectors, with data center sales jumping 30% year-over-year to $1.2 billion.
For the full year, the data center segment surged approximately 50%, reaching $4.3 billion.
This momentum helped drive a record total company backlog, which ended the year up 19% compared to 2024.
Despite these milestones, Wesco’s stock faced pressure as annual operating cash flow plummeted to $125 million from $1.1 billion the previous year, reflecting heavy investment in inventory and digital transformation.
Chairman and CEO John Engel characterized 2025 as a "year of exceptional execution," highlighting the company's ability to capture market share in a complex macro environment.
In a move to reassure long-term investors, the board approved a 10% increase in the annual common stock dividend to $2.00 per share.