Global Industrial Co 2026年季度报告

FORM 10-Q 11-3262067 (I.R.S. Employer Identification No.) 11 Harbor Park DrivePort Washington, New York 11050(Address of principal executive offices, including zip code)Registrant’s telephone number, including area code: (516) 608-7000 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and(2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☒Smaller reporting company☐Emerging growth company☐ Large accelerated filer☐Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The number of shares outstanding of the registrant’s common stock as of May1, 2026 was 38,261,099. TABLE OF CONTENTS Part IFinancial InformationItem 1.Financial Statements4Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3.Quantitative and Qualitative Disclosures About Market Risk29Item 4.Controls and Procedures30Part IIOther InformationItem 1.Legal Proceedings32Item 1A.Risk Factors32Item 5.Other Information32Item 6.Exhibits33Signatures34 Table of Contents Available Information We maintain an internet website athttps://investors.globalindustrial.com.We file reports with the Securities and Exchange Commission(“SEC”) and make available free of charge on or through this website our annual reports on Form 10-K, quarterly reports on Form 10-Qand current reports on Form 8-K, including all amendments to those reports.These are available as soon as is reasonably practicable afterthey are filed with the SEC.All reports mentioned above are also available on the SEC’s website (www.sec.gov).Unless otherwisespecified, the information on our website is not part of this or any other report we file with, or furnish to, the SEC. Our Board of Directors has adopted the following corporate governance documents with respect to the Company (the “CorporateGovernance Documents”), among others: •Corporate Ethics Policy for officers, directors and employees•Charter for the Audit Committee of the Board of Directors•Charter for the Compensation Committee of the Board of Directors•Charter for the Nominating/Corporate Governance Committee of the Board of Directors•Corporate Governance Guidelines and Principles•Conflict Minerals Disclosure In accordance with the corporate governance rules of the New York Stock Exchange, each of the Corporate Governance Documents isavailable on our Company website,https://investors.globalindustrial.com. Global Industrial CompanyCondensed Consolidated Statements of Operations (Unaudited) (In millions, except per share amounts) Table of Contents Global Industrial CompanyCondensed Consolidated Statements of Comprehensive Income (Unaudited) (In millions) Global Industrial CompanyCondensed Consolidated Statements of Cash Flows (Unaudited) (In millions) Global Industrial CompanyCondensed Consolidated Statement of Shareholders’ Equity (Unaudited) Global Industrial CompanyNotes to Condensed Consolidated Financial Statements (Unaudited) 1.Basis of Presentation Theaccompanying condensed consolidated financial statements of Global Industrial Company,(the"Company"or"GlobalIndustrial"), with its subsidiaries are unaudited and have been prepared in accordance with accounting principles generally accepted inthe United States of America for interim financial information and the rules and regulations of the Securities and ExchangeCommission.Certain information and footnote disclosures normally included in financial statements prepared in accordance withaccounting principles generally accepted in the United States of America are not required in these interim financial statements andhave been condensed or omitted.All significant intercompany accounts and transactions have been eliminated in