CLMB earnings analysis
What we found in CLMB's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Climb Global Solutions achieved substantial revenue growth of 32%, reaching $182.4 million in Q1 2026, surpassing expectations. However, diluted EPS dropped to $0.18, missing estimates of $0.25. The company has suspended its quarterly dividend to prioritize growth investments after its acquisition of Interworks.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Strong Revenue Growth
- Net sales climbed 32% to $182.4 million from $138 million YoY.
- Solid Cash Flow
- Operating cash flow generated was $16.9 million in Q1 2026.
- Acquisition Impact
- Interworks acquisition recorded operating results starting this quarter.
- Maintenance of Liquidity
- Cash and cash equivalents rose by 14% to $41.8 million.
- Improvement in Adjusted EBITDA
- Adjusted EBITDA increased by 4% to $7.9 million.
- Segment Revenue Change
- Distribution segment net sales increased by 34% to $177.1 million, but Solutions segment sales decreased 10% to $5.3 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Earnings Miss
- Diluted EPS fell to $0.18, missing estimates of $0.25 by 24%.
- Dividend Suspension
- Quarterly dividends were suspended to focus on growth initiatives.
- Increased Operating Expenses
- SG&A expenses rose 21% to $20.3 million, impacting overall profitability.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.18
- Gross margin
- 14.5%
- Operating margin
- 2.1%
- Segment
- Distribution: $177.1M
- Segment
- Solutions: $5.3M
What they said about what is next.
No explicit forward guidance provided.
The filing reads about the same as the one before it.
What came before.
- 10-K · February 27, 2026
- Climb Global Solutions delivered strong top-line expansion in 2025 with consolidated net sales of approximately $652.0 million (four quarters: $138M, $159M, $161M, $194M) while gross margin compressed and profitability…
- 10-Q · October 30, 2025
- Climb Global reported quarterly net sales of $161,343 (thousands) for Q3 2025, up from $119,349 (thousands) in Q3 2024, but gross margin compressed to 16.0% and operating income declined to $6,937 (thousands). Operating…
- 10-Q · July 31, 2025
- Climb Global reported a strong Q2 with net sales of $159,284,000 (up from $92,076,000 in Q2 2024) and diluted EPS of $1.30 (vs $0.75 in Q2 2024), driven by higher international sales. Gross margin compressed to 16.5%…
- 10-Q · August 7, 2024
- Climb Global reported Q2 net sales of $92,076,000 (up $10,344,000 or +12.7% vs Q2 2023's $81,732,000) with gross profit rising to $18,558,000 (gross margin ~20.15% vs ~16.75% prior year). Operating income improved to…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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