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Ingram Micro Holding Corp. Financials

INGM
Source SEC Filings (10-K/10-Q) Data as of Mar 28, 2026 Currency USD FYE December

This page shows Ingram Micro Holding Corp. (INGM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI INGM FY2025

A high-volume, thin-margin model depends less on markup expansion than on working-capital timing and debt discipline.

After two years of squeezed profitability, FY2025 brought a different kind of improvement: gross margin fell to 6.7%, so better sales mix or richer pricing do not explain the year. What changed was cash conversion: operating cash flow reached $916M and free cash flow $785M, which points to cash being released from the operating cycle and lower cash demands rather than a structural step-up in per-dollar profitability.

Receivables and inventory together were about $15.5B in FY2025, meaning a large share of the balance sheet is tied up in moving product and getting paid rather than in fixed assets. A current ratio of 1.3x suggests liquidity is workable but not loose, so routine execution in collections and stock turns matters more than sitting on excess cash.

Capital intensity is modest: capital spending was only $131M against operating cash flow of $916M, so cash generation is constrained more by working-capital swings than by heavy reinvestment. At the same time, long-term debt has come down since FY2023, which helps narrow-margin earnings reach shareholders instead of creditors.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 51 / 100
Financial Health Score 51/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Ingram Micro Holding Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
58

Ingram Micro Holding Corp. has an operating margin of 1.7%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is up from 1.7% the prior year.

Growth
49

Ingram Micro Holding Corp.'s revenue grew 9.5% year-over-year to $52.6B, a solid pace of expansion. This earns a growth score of 49/100.

Leverage
51

Ingram Micro Holding Corp. has a moderate D/E ratio of 0.65. This balance of debt and equity financing earns a leverage score of 51/100.

Liquidity
35

Ingram Micro Holding Corp.'s current ratio of 1.33 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
31

Ingram Micro Holding Corp. has a free cash flow margin of 1.5%, earning a moderate score of 31/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
81

Ingram Micro Holding Corp. earns a strong 7.7% return on equity (ROE), meaning it generates $8 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 81/100. This is up from 7.1% the prior year.

Altman Z-Score Safe
3.21

Ingram Micro Holding Corp. scores 3.21, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
5/9

Ingram Micro Holding Corp. passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
2.79x

For every $1 of reported earnings, Ingram Micro Holding Corp. generates $2.79 in operating cash flow ($916.1M OCF vs $327.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
2.9x

Ingram Micro Holding Corp. earns $2.9 in operating income for every $1 of interest expense ($876.9M vs $302.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$52.6B
YoY+9.5%

Ingram Micro Holding Corp. generated $52.6B in revenue in fiscal year 2025. This represents an increase of 9.5% from the prior year.

EBITDA
$1.1B
YoY+6.6%

Ingram Micro Holding Corp.'s EBITDA was $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.6% from the prior year.

Net Income
$327.9M
YoY+24.1%

Ingram Micro Holding Corp. reported $327.9M in net income in fiscal year 2025. This represents an increase of 24.1% from the prior year.

EPS (Diluted)
$1.39
YoY+17.8%

Ingram Micro Holding Corp. earned $1.39 per diluted share (EPS) in fiscal year 2025. This represents an increase of 17.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$785.4M
YoY+310.9%

Ingram Micro Holding Corp. generated $785.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 310.9% from the prior year.

Cash & Debt
$1.9B
YoY+103.0%

Ingram Micro Holding Corp. held $1.9B in cash against $2.7B in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.31

Ingram Micro Holding Corp. paid $0.31 per share in dividends in fiscal year 2025.

Shares Outstanding
235M
YoY+0.1%

Ingram Micro Holding Corp. had 235M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.

Margins & Returns

Gross Margin
6.7%
YoY-0.5pp

Ingram Micro Holding Corp.'s gross margin was 6.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.

Operating Margin
1.7%
YoY-0.0pp

Ingram Micro Holding Corp.'s operating margin was 1.7% in fiscal year 2025, reflecting core business profitability. This is down 0.0 percentage points from the prior year.

Net Margin
0.6%
YoY+0.1pp

Ingram Micro Holding Corp.'s net profit margin was 0.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.1 percentage points from the prior year.

Return on Equity
7.7%
YoY+0.6pp

Ingram Micro Holding Corp.'s ROE was 7.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$130.8M
YoY-8.4%

Ingram Micro Holding Corp. invested $130.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 8.4% from the prior year.

INGM Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $14.0B-6.1% $14.9B+18.0% $12.6B-1.5% $12.8B+4.2% $12.3B-8.0% $13.3B+13.4% $11.8B+1.9% $11.5B
Cost of Revenue $13.0B-6.3% $13.9B+18.6% $11.7B-1.8% $12.0B+4.4% $11.5B N/A $10.9B+1.9% $10.7B
Gross Profit $926.0M-4.2% $966.4M+11.1% $869.6M+3.6% $839.2M+1.3% $828.8M N/A $845.5M+2.1% $828.4M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $693.6M+7.3% $646.7M+0.6% $642.6M-7.7% $696.3M+11.2% $626.0M N/A $627.8M-3.0% $647.4M
Operating Income $222.9M-28.0% $309.7M+38.6% $223.5M+56.5% $142.8M-28.9% $200.9M-19.2% $248.5M+13.9% $218.2M+20.5% $181.1M
Interest Expense $70.5M-3.5% $73.1M-10.6% $81.7M+12.1% $72.9M-2.7% $74.9M N/A $86.3M-0.8% $86.9M
Income Tax $41.7M-57.6% $98.5M+92.9% $51.1M+131.5% $22.1M-29.3% $31.2M N/A $42.3M+47.9% $28.6M
Net Income $98.9M-18.6% $121.4M+22.1% $99.5M+162.9% $37.8M-45.3% $69.2M-16.8% $83.1M+8.0% $77.0M+41.0% $54.6M
EPS (Diluted) $0.42 N/A $0.42+162.5% $0.16-44.8% $0.29-19.4% $0.36+2.9% $0.35+40.0% $0.25

INGM Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $20.9B-1.4% $21.2B+10.5% $19.2B-1.2% $19.5B+4.4% $18.6B-0.8% $18.8B+1.2% $18.6B N/A
Current Assets $17.9B-1.7% $18.2B+12.5% $16.2B-1.5% $16.5B+5.2% $15.6B-1.0% $15.8B+2.1% $15.5B N/A
Cash & Equivalents $916.0M-50.9% $1.9B+132.3% $802.6M-6.3% $856.7M-2.8% $881.6M-4.0% $918.4M+8.1% $849.5M-8.5% $928.8M
Inventory $5.2B+4.2% $5.0B-7.4% $5.4B-2.6% $5.5B+9.4% $5.0B+7.2% $4.7B-4.9% $4.9B N/A
Accounts Receivable $10.9B+3.2% $10.5B+14.7% $9.2B+0.5% $9.2B+2.9% $8.9B-5.9% $9.4B+6.5% $8.9B N/A
Goodwill $851.4M-0.4% $854.7M+0.3% $852.3M-0.2% $853.7M+1.6% $840.1M+0.8% $833.7M-1.9% $850.1M N/A
Total Liabilities $16.7B-1.5% $17.0B+12.4% $15.1B-1.8% $15.4B+4.3% $14.8B-1.9% $15.0B+0.6% $14.9B N/A
Current Liabilities $13.6B-0.3% $13.7B+19.2% $11.5B-2.8% $11.8B+5.7% $11.2B-1.2% $11.3B+2.4% $11.0B N/A
Long-Term Debt $2.6B-7.1% $2.7B-10.1% $3.1B+0.7% $3.0B+0.3% $3.0B-4.3% $3.2B-5.3% $3.3B N/A
Total Equity $4.2B-1.0% $4.2B+3.6% $4.1B+1.4% $4.0B+4.8% $3.9B+3.5% $3.7B+3.3% $3.6B+4.3% $3.5B
Retained Earnings $1.7B+5.0% $1.6B+6.9% $1.5B+5.8% $1.4B+1.0% $1.4B+3.9% $1.3B+6.6% $1.3B N/A

INGM Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$977.9M-162.7% $1.6B+1168.6% -$146.0M+51.0% -$298.0M-48.7% -$200.4M-164.7% $310.0M+211.9% -$277.0M-169.1% $401.2M
Capital Expenditures $36.3M-1.4% $36.8M+27.1% $29.0M-17.8% $35.2M+18.5% $29.7M-17.5% $36.1M-5.0% $38.0M+14.6% $33.1M
Free Cash Flow -$1.0B-166.6% $1.5B+970.7% -$175.0M+47.5% -$333.2M-44.8% -$230.2M-184.0% $273.9M+187.0% -$315.0M-185.6% $368.1M
Investing Cash Flow $24.2M-71.4% $84.8M+28.2% $66.1M+13.2% $58.4M+0.2% $58.3M+104.3% $28.5M-4.7% $29.9M+30.4% $23.0M
Financing Cash Flow $42.5M+106.8% -$621.9M-1557.7% $42.7M-75.8% $176.2M+82.1% $96.8M+141.5% -$232.9M-253.0% $152.2M+148.5% -$314.2M
Dividends Paid $19.0M-1.2% $19.2M+5.0% $18.3M-21.9% $23.5M+35.0% $17.4M $0 $0-100.0% $6.2M
Share Buybacks $75.0M N/A N/A N/A $0 N/A N/A N/A

INGM Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 6.6%+0.1pp 6.5%-0.4pp 6.9%+0.3pp 6.6%-0.2pp 6.8% N/A 7.2%+0.0pp 7.2%
Operating Margin 1.6%-0.5pp 2.1%+0.3pp 1.8%+0.7pp 1.1%-0.5pp 1.6%-0.2pp 1.9%0.0pp 1.8%+0.3pp 1.6%
Net Margin 0.7%-0.1pp 0.8%+0.0pp 0.8%+0.5pp 0.3%-0.3pp 0.6%-0.1pp 0.6%-0.0pp 0.7%+0.2pp 0.5%
Return on Equity 2.4%-0.5pp 2.9%+0.4pp 2.4%+1.5pp 0.9%-0.9pp 1.8%-0.4pp 2.2%+0.1pp 2.1%+0.5pp 1.6%
Return on Assets 0.5%-0.1pp 0.6%+0.1pp 0.5%+0.3pp 0.2%-0.2pp 0.4%-0.1pp 0.4%+0.0pp 0.4% N/A
Current Ratio 1.31-0.0 1.33-0.1 1.41+0.0 1.390.0 1.400.0 1.400.0 1.40 N/A
Debt-to-Equity 0.61-0.0 0.65-0.1 0.750.0 0.75-0.0 0.78-0.1 0.85-0.1 0.93 N/A
FCF Margin -7.3%-17.5pp 10.2%+11.6pp -1.4%+1.2pp -2.6%-0.7pp -1.9%-3.9pp 2.1%+4.7pp -2.7%-5.9pp 3.2%

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Frequently Asked Questions

Ingram Micro Holding Corp. (INGM) reported $52.6B in total revenue for fiscal year 2025. This represents a 9.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Ingram Micro Holding Corp. (INGM) revenue grew by 9.5% year-over-year, from $48.0B to $52.6B in fiscal year 2025.

Yes, Ingram Micro Holding Corp. (INGM) reported a net income of $327.9M in fiscal year 2025, with a net profit margin of 0.6%.

Ingram Micro Holding Corp. (INGM) reported diluted earnings per share of $1.39 for fiscal year 2025. This represents a 17.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Ingram Micro Holding Corp. (INGM) had EBITDA of $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Ingram Micro Holding Corp. (INGM) had $1.9B in cash and equivalents against $2.7B in long-term debt.

Ingram Micro Holding Corp. (INGM) had a gross margin of 6.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Ingram Micro Holding Corp. (INGM) had an operating margin of 1.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Ingram Micro Holding Corp. (INGM) had a net profit margin of 0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Ingram Micro Holding Corp. (INGM) paid $0.31 per share in dividends during fiscal year 2025.

Ingram Micro Holding Corp. (INGM) has a return on equity of 7.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Ingram Micro Holding Corp. (INGM) generated $785.4M in free cash flow during fiscal year 2025. This represents a 310.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Ingram Micro Holding Corp. (INGM) generated $916.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Ingram Micro Holding Corp. (INGM) had $21.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Ingram Micro Holding Corp. (INGM) invested $130.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Ingram Micro Holding Corp. (INGM) had 235M shares outstanding as of fiscal year 2025.

Ingram Micro Holding Corp. (INGM) had a current ratio of 1.33 as of fiscal year 2025, which is considered adequate.

Ingram Micro Holding Corp. (INGM) had a debt-to-equity ratio of 0.65 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Ingram Micro Holding Corp. (INGM) had a return on assets of 1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Ingram Micro Holding Corp. (INGM) has an Altman Z-Score of 3.21, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Ingram Micro Holding Corp. (INGM) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Ingram Micro Holding Corp. (INGM) has an earnings quality ratio of 2.79x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Ingram Micro Holding Corp. (INGM) has an interest coverage ratio of 2.9x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Ingram Micro Holding Corp. (INGM) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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