Climb Global Solutions, Inc. reported results for the quarter ended 2026 with revenue of $174.21M, compared with $159.28M a year earlier, while net income was $5.52M and diluted earnings per share were $0.3.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$174.21M$159.28M9.4% | Net income²$5.52M$5.97M(7.5%) | Diluted EPS³$0.3$0.33(9.1%) |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Income per common share-Diluted”.
Business Highlights
- Revenue growth: Net sales rose 9% in the quarter and 20% year-to-date, driven by organic growth and the Interworks acquisition.
- Channel shift: A higher mix of security, maintenance and cloud products increased net (vs gross) recognition.
- Geographic and brand expansion: Presence expanded through the Interworks acquisition and subsidiaries across the U.S., Canada, Europe and South Africa.
- Operational efficiency: Gross profit increased 15% in the quarter, aided by digital distribution and drop-ship efficiencies.
- Investments for growth: SG&A rose to support vendor partnerships, a larger salesforce and infrastructure initiatives.
Original SEC Filing:
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