Every 10-Q that Climb Global Solutions, Inc. (CLMB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CLMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CLMB filings page.
Climb Global Solutions, Inc. reported solid top-line growth but softer profitability for the quarter and six months ended June 30, 2026. Net sales for the first half rose to approximately $356.6 million from $297.3 million, with second‑quarter sales up to about $174.2 million from $159.3 million.
Gross profit increased to roughly $56.7 million for the first half, but higher selling, general and administrative expenses and amortization reduced income from operations to about $11.3 million from $12.7 million. Net income for the half declined to approximately $8.9 million, or $0.48 per diluted share, compared with $9.7 million, or $0.53 per share.
Cash generation was strong: net cash provided by operating activities climbed to $32.2 million, helping lift cash and equivalents to $56.6 million with no borrowings outstanding on a $50.0 million revolving credit facility or the prior term loan. The company completed the acquisition of Interworks, a Greece‑based cloud distributor, for a final purchase consideration of $13.0 million and net cash paid of $8.2 million, adding vendor relationships and $5.8 million of goodwill to the Distribution segment.
The board suspended quarterly cash dividends beginning in 2026 to preserve financial flexibility, while continuing modest share repurchases. Distribution remained the primary growth driver, offsetting slightly lower Solutions revenue and modestly lower foreign sales. Customer concentration stayed high, with three customers accounting for meaningful portions of net sales and accounts receivable.
Climb Global Solutions reported higher sales but lower profit for the quarter ended March 31, 2026. Net sales rose 32% to $182.4 million, driven mainly by organic growth in the Distribution segment and a larger mix of hardware and software recognized on a gross basis. Gross profit increased 13% to $26.5 million, but the gross margin narrowed as customer rebates and discounts rose. Operating costs also climbed, with selling, general and administrative expenses up 21% to $20.3 million and depreciation and amortization up to $2.0 million, reducing income from operations. Net income declined 10% to $3.3 million, or $0.18 per diluted share, compared to $0.20 a year earlier. Cash and cash equivalents increased to $41.8 million, aided by strong operating cash flow of $16.8 million and no borrowings outstanding under the revolving credit facility. During the quarter the company completed the $13 million acquisition of Interworks, a cloud distributor in Southeastern Europe, adding $0.6 million of net sales and modest net income. The board also suspended quarterly cash dividends beginning in 2026 to prioritize financial flexibility and other capital allocation objectives.
Climb Global Solutions (CLMB) reported Q3 2025 results. Net sales were $161.3M versus $119.3M a year ago, while nine‑month sales reached $458.7M versus $303.8M. Q3 gross profit was $25.7M and income from operations was $6.9M. Q3 net income was $4.7M compared with $5.5M last year.
Nine‑month net income rose to $14.3M from $11.6M. Cash and cash equivalents increased to $49.8M from $29.8M at December 31, 2024, aided by operating cash flow of $28.5M. Accounts receivable declined, reducing total assets to $376.1M from $469.2M. The revolving credit facility had no outstanding borrowings, and the term loan balance was $0.3M.
Distribution remained the growth driver with nine‑month segment sales of $439.6M. The company paid quarterly dividends of $0.17 per share and recorded a $1.4M non‑cash increase in contingent consideration year‑to‑date. Two customers represented 22% and 14% of Q3 net sales.
Q2 FY25 headline: Net sales jumped 73% YoY to $159.3 m, lifting six-month revenue 61% to $297.3 m. Three-month net income rose 74% to $6.0 m and diluted EPS to $1.30; YTD profit is $9.7 m (+57%) and EPS $2.11.
Growth was driven mainly by the Distribution unit (96% of revenue) which expanded 74%; Solutions rose 48%. Gross profit gained 42% but margin slipped to 16.5% (–350 bp) on mix. SG&A leverage helped lift operating income 87% to $8.0 m.
Cash ended at $28.6 m (–$1.2 m YTD) after $6.8 m of buybacks/dividends and $3.6 m contingent payments. Operating cash flow fell to $6.3 m (prior-year $21.3 m) as payables dropped $62.7 m. Debt is limited to a $0.5 m term note; the $50 m revolver is undrawn.
Equity rose to $105.2 m on earnings and $5.3 m FX gains. Goodwill & intangibles total $72.9 m following the DSS acquisition; earn-out liability sits at $2.9 m. Three customers supplied 24%, 20% and 13% of quarterly sales, underscoring concentration risk.