Earnings Releases·Oct 28, 2026, 4:06 PM ET

Climb Global Solutions — Third Quarter 2026 Earnings Summary

Net sales, gross billings, and net income surged 37%, 40%, and 69% year-over-year respectively, reaching $220.3 million, $706.4 million, and $7.9 million ($0.43 per share), while adjusted EBITDA rose 35% to $14.7 million.
The company maintains a debt-free balance sheet with $66.9 million in cash and no borrowings on its $50 million facility, though accounts receivable increased to $342.1 million.
Management forecasts record 2026 performance, prioritizing organic growth through emerging technologies and evaluating accretive acquisitions in Europe, following the Interworks acquisition earlier in the year.
Strategic expansion includes the post-quarter acquisition of NeoVAD to bolster European operations, alongside continued investments in technology and automation to drive operating leverage.
No dividends were paid in Q3 2026, and forward-looking risks center on integration success for recent acquisitions, sustaining organic growth, and managing competitive pricing pressures.