Climb Global Solutions, Inc. (CLMB) Income Statement

30Y historyFree accessUpdated daily

Revenue reached $220.3M in 2026Q3 with gross margin of 14.0% and operating margin of 4.6%, indicating growth has come at the expense of profitability versus the 19.3% gross margin reported in 2024Q3.

Annual statement

CLMB Income Statement

Climb Global Solutions, Inc. (CLMB) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98	Dec'97	Dec'96

Sales/Revenue	770.74M	652.52M	465.61M	352.01M	304.35M	282.58M	251.57M	208.76M	181.44M	449.38M	418.13M	382.09M	340.76M	300.39M	297.06M	250.17M	206.73M	146.38M	174.03M	179.87M	182.32M	137.66M	103.58M	69.57M	65.16M	89.54M	216.54M	244.1M	234.4M	176.2M	127.7M
Revenue Growth %	24.23%	40.14%	32.27%	15.66%	7.7%	12.33%	20.51%	15.05%	-59.62%	7.47%	9.43%	12.13%	13.44%	1.12%	18.74%	21.01%	41.22%	-15.88%	-3.25%	-1.35%	32.45%	32.89%	48.89%	6.77%	-27.23%	-58.65%	-11.29%	4.14%	33.03%	37.98%	36.87%
Cost of Goods Sold	653.3M	547.25M	374.53M	287.77M	252.31M	236.87M	218.53M	178.79M	154.52M	422.3M	390.8M	355.52M	315.95M	276.04M	273.17M	226.93M	186.72M	130.79M	157.23M	162.63M	165.35M	122.69M	91.24M	60.61M	56.54M	80.66M	193.78M	216.7M	204.2M	149.6M	106.2M
COGS % of Revenue	-	83.87%	80.44%	81.75%	82.9%	83.82%	86.87%	85.65%	85.16%	93.97%	93.46%	93.05%	92.72%	91.89%	91.96%	90.71%	90.32%	89.35%	90.35%	90.42%	90.69%	89.13%	88.09%	87.12%	86.78%	90.08%	89.49%	88.78%	87.12%	84.9%	83.16%
Gross Profit	117.43M	105.27M	91.08M	64.25M	52.04M	45.72M	33.04M	29.97M	26.92M	27.08M	27.33M	26.57M	24.81M	24.36M	23.89M	23.24M	20.01M	15.59M	16.8M	17.23M	16.97M	14.97M	12.34M	8.96M	8.62M	8.88M	22.76M	27.4M	30.2M	26.6M	21.5M
Gross Margin %	15.24%	16.13%	19.56%	18.25%	17.1%	16.18%	13.13%	14.35%	14.84%	6.03%	6.54%	6.95%	7.28%	8.11%	8.04%	9.29%	9.68%	10.65%	9.65%	9.58%	9.31%	10.88%	11.91%	12.88%	13.23%	9.92%	10.51%	11.22%	12.88%	15.1%	16.84%
Gross Profit Growth %	-	15.58%	41.77%	23.46%	13.83%	38.37%	10.25%	11.32%	-0.58%	-0.93%	2.85%	7.11%	1.87%	1.94%	2.8%	16.15%	28.33%	-7.17%	-2.54%	1.57%	13.35%	21.32%	37.71%	3.98%	-2.96%	-60.98%	-16.93%	-9.27%	13.53%	23.72%	41.45%
Operating Expenses	86.25M	76.08M	63.09M	47.76M	34.14M	33.66M	27.74M	21.5M	20.32M	19.26M	18.71M	18.06M	16.51M	15.51M	15.38M	14.62M	13.21M	11.32M	12.21M	12.08M	12.16M	12.2M	10.17M	8.14M	9.27M	13.28M	28.21M	27.5M	24.7M	20.4M	18.5M
OpEx % of Revenue	-	11.66%	13.55%	13.57%	11.22%	11.91%	11.03%	10.3%	11.2%	4.29%	4.48%	4.73%	4.85%	5.16%	5.18%	5.85%	6.39%	7.73%	7.01%	6.72%	6.67%	8.86%	9.82%	11.7%	14.23%	14.83%	13.03%	11.27%	10.54%	11.58%	14.49%
Selling, General & Admin	80.08M	67.55M	56.51M	44.33M	34.14M	32.14M	25.52M	21.01M	20.32M	19.26M	18.71M	18.06M	16.51M	15.51M	15.38M	14.62M	13.21M	11.32M	12.21M	12.08M	12.16M	12.2M	10.17M	8.14M	8.93M	13.02M	25.65M	24.4M	22.7M	18.6M	17.2M
SG&A % of Revenue	-	10.35%	12.14%	12.59%	11.22%	11.37%	10.14%	10.07%	11.2%	4.29%	4.48%	4.73%	4.85%	5.16%	5.18%	5.85%	6.39%	7.73%	7.01%	6.72%	6.67%	8.86%	9.82%	11.7%	13.7%	14.54%	11.84%	10%	9.68%	10.56%	13.47%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	3M	8.54M	6.58M	3.43M	0	1.53M	2.22M	487K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	348K	255K	2.57M	3.1M	2M	1.8M	1.3M
Operating Income	31.18M	29.18M	27.99M	16.49M	17.9M	12.05M	5.3M	8.47M	4.16M	7.81M	8.62M	8.51M	8.3M	8.85M	8.52M	8.62M	6.8M	4.27M	4.59M	5.15M	4.81M	2.77M	2.17M	817K	-657K	-4.76M	-5.45M	-100K	5.5M	6.2M	3M
Operating Margin %	4.05%	4.47%	6.01%	4.68%	5.88%	4.26%	2.11%	4.06%	2.29%	1.74%	2.06%	2.23%	2.43%	2.95%	2.87%	3.44%	3.29%	2.92%	2.64%	2.87%	2.64%	2.01%	2.09%	1.17%	-1.01%	-5.31%	-2.52%	-0.04%	2.35%	3.52%	2.35%
Operating Income Growth %	-	4.26%	69.75%	-7.86%	48.5%	127.25%	-37.36%	103.75%	-46.82%	-9.32%	1.25%	2.57%	-6.25%	3.93%	-1.2%	26.68%	59.17%	-6.88%	-10.94%	7.24%	73.69%	27.75%	165.12%	224.35%	86.19%	12.78%	-5354%	-101.82%	-11.29%	106.67%	30.43%
EBITDA	39.83M	37.52M	32.7M	19.65M	20.39M	14.05M	6.41M	9.32M	4.64M	8.29M	8.91M	8.76M	8.52M	9.12M	8.82M	8.94M	7.12M	4.57M	4.95M	5.51M	5.08M	3.01M	2.36M	1.13M	-263K	-3.95M	-2.89M	3M	7.5M	8M	4.3M
EBITDA Margin %	5.17%	5.75%	7.02%	5.58%	6.7%	4.97%	2.55%	4.47%	2.56%	1.84%	2.13%	2.29%	2.5%	3.04%	2.97%	3.57%	3.44%	3.12%	2.84%	3.07%	2.78%	2.19%	2.28%	1.62%	-0.4%	-4.42%	-1.33%	1.23%	3.2%	4.54%	3.37%
EBITDA Growth %	-0.72%	14.75%	66.38%	-3.6%	45.08%	119.3%	-31.27%	101.08%	-44.07%	-6.98%	1.7%	2.82%	-6.59%	3.48%	-1.41%	25.6%	55.76%	-7.56%	-10.34%	8.65%	68.47%	27.83%	108.58%	529.66%	93.35%	-36.88%	-196.27%	-60%	-6.25%	86.05%	48.28%
D&A (Non-Cash Add-back)	8.65M	8.34M	4.71M	3.16M	2.49M	2M	1.1M	858K	482K	477K	296K	253K	226K	274K	302K	325K	317K	297K	355K	361K	270K	246K	191K	313K	394K	804K	2.57M	3.1M	2M	1.8M	1.3M
EBIT	31.36M	27.92M	30.3M	17.12M	16.53M	12.36M	6.82M	8.47M	6.6M	7.81M	8.62M	8.51M	8.3M	8.85M	9.09M	8.62M	6.8M	4.27M	4.59M	5.15M	4.81M	2.77M	2.17M	817K	-657K	-4.39M	-5.45M	-100K	5.5M	6.2M	3M
Net Interest Income	698K	0	917K	927K	159K	359K	121K	500K	907K	699K	318K	368K	472K	562K	557K	368K	405K	521K	741K	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	833K	0	917K	927K	159K	359K	121K	500K	907K	699K	318K	368K	472K	572K	557K	368K	405K	521K	741K	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	135K	0	0	0	0	0	0	0	0	0	0	0	0	10K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	1.03M	-1.27M	-2.97M	291K	-1.36M	313K	917K	582K	962K	740K	317K	348K	461K	562K	574K	369K	407K	521K	744K	991K	741K	300K	112K	230K	415K	318K	-9.54M	700K	300K	200K	300K
Pretax Income	32.21M	27.92M	25.02M	16.78M	16.53M	12.36M	6.22M	9.05M	5.12M	8.55M	8.93M	8.86M	8.76M	9.41M	9.09M	8.99M	7.21M	4.79M	5.33M	6.14M	5.55M	3.07M	2.28M	1.05M	-242K	-4.44M	-14.99M	600K	5.8M	6.4M	3.3M
Pretax Margin %	4.18%	4.28%	5.37%	4.77%	5.43%	4.38%	2.47%	4.33%	2.82%	1.9%	2.14%	2.32%	2.57%	3.13%	3.06%	3.59%	3.49%	3.28%	3.07%	3.42%	3.04%	2.23%	2.2%	1.5%	-0.37%	-4.96%	-6.92%	0.25%	2.47%	3.63%	2.58%
Income Tax	8.43M	6.59M	6.41M	4.46M	4.04M	3.17M	1.75M	2.26M	1.58M	3.49M	3.03M	3.03M	3M	3.02M	3.6M	3.45M	2.79M	1.93M	2.17M	2.44M	2.28M	414K	-4.04M	81K	-270K	83K	2.48M	1.3M	2.4M	2.4M	1M
Effective Tax Rate %	26.18%	23.6%	25.61%	26.57%	24.41%	25.61%	28.07%	24.99%	30.86%	40.82%	33.94%	34.18%	34.23%	32.08%	39.61%	38.37%	38.68%	40.21%	40.64%	39.74%	41.09%	13.5%	-177.52%	7.74%	111.57%	-1.87%	-16.56%	216.67%	41.38%	37.5%	30.3%
Net Income	23.77M	21.33M	18.61M	12.32M	12.18M	9.2M	4.47M	6.79M	3.54M	5.06M	5.9M	5.83M	5.76M	6.39M	5.49M	5.54M	4.42M	2.87M	3.17M	3.7M	3.27M	2.65M	6.32M	966K	28K	-4.52M	-17.47M	-700K	3.4M	4M	2.3M
Net Margin %	3.08%	3.27%	4%	3.5%	4%	3.26%	1.78%	3.25%	1.95%	1.13%	1.41%	1.53%	1.69%	2.13%	1.85%	2.21%	2.14%	1.96%	1.82%	2.06%	1.79%	1.93%	6.1%	1.39%	0.04%	-5.05%	-8.07%	-0.29%	1.45%	2.27%	1.8%
Net Income Growth %	12.33%	14.62%	51.02%	1.17%	32.42%	105.59%	-34.08%	91.83%	-30.11%	-14.22%	1.22%	1.22%	-9.9%	16.47%	-0.9%	25.29%	54.2%	-9.44%	-14.5%	13.31%	23.18%	-58.04%	554.45%	3350%	100.62%	74.12%	-2396.29%	-120.59%	-15%	73.91%	-45.24%
Net Income (Continuing)	23.77M	21.33M	18.61M	12.32M	12.5M	9.2M	4.47M	6.79M	3.54M	5.06M	5.9M	5.83M	5.76M	6.39M	5.49M	5.54M	4.42M	2.87M	3.17M	3.7M	3.27M	2.65M	6.32M	966K	28K	-4.52M	-17.47M	-700K	3.4M	4M	2.3M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1297.50	1.16	1.02	0.68	0.70	0.52	0.25	0.38	0.20	0.28	0.31	0.31	0.31	0.35	0.30	0.30	0.25	0.16	0.18	0.20	0.18	0.15	0.38	0.06	0.00	-0.23	-0.88	-0.04	0.17	0.19	0.11
EPS Growth %	10.97%	14.29%	48.72%	-2.85%	34.45%	106.93%	-33.11%	86.42%	-28.32%	-9.6%	0%	1.63%	-12.77%	18.49%	-0.83%	22.45%	50.77%	-8.45%	-11.25%	11.11%	18.03%	-59.6%	504%	-	101.1%	74.07%	-2407.14%	-121.21%	-12%	70.45%	-57.28%
EPS (Basic)	-	1.16	1.02	0.68	0.70	0.52	0.25	0.38	0.20	0.28	0.31	0.32	0.31	0.36	0.31	0.32	0.25	0.16	0.18	0.21	0.20	0.17	0.41	0.07	0.00	-0.23	-0.88	-0.04	0.18	0.21	0.12
Diluted Shares Outstanding	18.32K	18.1M	17.86M	17.6M	17.32M	17.09M	17.15M	17.68M	17.43M	17.2M	18.01M	18.61M	18.81M	18.1M	18.51M	18.42M	18M	17.71M	17.84M	18.62M	18.08M	17.54M	16.72M	15.6M	17.92M	19.95M	19.93M	20.4M	21M	21.33M	20.91M
Basic Shares Outstanding	18.32K	18.1M	17.86M	17.6M	17.32M	17.09M	17.15M	17.68M	17.43M	17.2M	18.01M	18.54M	18.64M	17.82M	17.9M	17.65M	17.54M	17.6M	17.66M	17.62M	16.76M	15.9M	15.31M	14.9M	17.84M	19.95M	19.93M	20.4M	19.19M	19.05M	19.17M
Dividend Payout Ratio	-	14.43%	16.32%	24.44%	24.54%	32.54%	67.01%	45.17%	86.66%	60.35%	54.21%	55.61%	56.08%	47.15%	54.49%	53.94%	65.17%	98.12%	88.79%	72.48%	68.27%	70.03%	25.31%	115.22%	-	-	-	-	-	-	-

Key Metrics

Growth RegimeMixed

ProfitabilityModerate

Balance SheetMixed

Cash FlowMixed

Top Statement Risk

Thin margins amplify volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Revenue Growth Re-Accelerating Off Lower Base

Based on the reported quarterly income statement, CLMB's revenue rose 36.5% year over year to $220.3M in 2026Q3, a sharp rebound after a 9.4% gain in 2026Q2 that suggests growth remains lumpy rather than steadily compounding.

The reported figures show revenue growth alternating between roughly 9% and 36% across recent quarters, which points to a distributor whose top line is sensitive to large order timing and channel demand swings. The 2026Q3 jump warrants further investigation to determine whether it reflects volume gains, pricing, or a timing shift from adjacent quarters. Investors should monitor whether sequential revenue holds above $200M before treating the acceleration as durable.

Gross Margin Compressing Toward Distributor Norms

As reported in the income statement, CLMB's gross margin slid from 19.3% in 2024Q3 to 14.0% in 2026Q3, a decline that appears to reflect a shift toward lower-margin distribution volume.

The reported gross margin trend shows a multi-quarter contraction of roughly five points, which is consistent with a mix moving toward commodity-like hardware resale rather than value-added services. Compared with peers such as Insight at 21.4% and ScanSource at 13.4%, CLMB sits in a middle band that offers limited pricing power. This suggests the margin base is structurally thin and highly sensitive to vendor pricing and competitive pressure.

Operating Leverage Largely Absent in Recent Quarters

Based on EDBL's reported figures... no, based on CLMB's reported figures, SG&A rose to $20.9M in 2026Q3 while operating margin stood at only 4.6%, indicating limited scaling of overhead against revenue.

Operating income moved from 7.6% margin in 2024Q3 down to 4.6% in 2026Q3, meaning overhead expansion has absorbed much of the gross profit growth. The pattern suggests operating leverage is not currently a source of earnings expansion. Investors should monitor whether SG&A growth moderates relative to gross profit in coming periods.

Net Income Volatility Outpaces Operating Trend

According to the reported quarterly data, CLMB's diluted EPS swung from $0.38 in 2025Q4 to $0.18 in 2026Q1 before rebounding to $0.43, a volatility larger than the underlying operating margin movement.

The reported EPS path shows sharp quarter-to-quarter swings that exceed what the modest operating margin changes alone would imply, which may indicate sensitivity to non-operating items or tax timing. Stock-based compensation remained near $1.1M to $1.6M per quarter, a relatively small share of earnings, though a negative SBC figure in 2025Q4 warrants further investigation. Net margin of 3.6% in 2026Q3 should be read cautiously given this variability.

Margin Compression Could Erode Recent Gains

The strongest challenge to the narrative is that CLMB's net margin fell from 4.5% in 2024Q3 to 3.6% in 2026Q3 even as revenue grew, suggesting growth may be coming at the expense of profitability.

A skeptical reading of the reported income statement suggests that revenue growth is being bought with lower-margin volume, which would make the 36.5% top-line gain less valuable than it appears. If gross margin continues drifting toward the 13% peer level for ScanSource, operating profit could compress further despite higher sales. Investors should monitor whether future revenue growth translates into stable operating income rather than merely larger, thinner-margin shipments.

CLMB — Frequently Asked Questions

Quick answers to the most common questions about buying CLMB stock.

What was Climb Global Solutions, Inc.'s (CLMB) revenue in 2025?

For fiscal year 2025, Climb Global Solutions, Inc. (CLMB) reported total revenue of $652.5M. This represents a 411.0% increase compared to $127.7M in 1996.

Is Climb Global Solutions, Inc. (CLMB) profitable?

Climb Global Solutions, Inc. (CLMB) is profitable, generating $21.3M in net income for the fiscal year ending 2025 with a net profit margin of 3.3%.

What is Climb Global Solutions, Inc.'s operating profit margin?

Climb Global Solutions, Inc. (CLMB) reported an operating income of $29.2M, resulting in an operating profit margin of 4.5%. This margin reflects the operational efficiency of the business before interest and taxes.

What is Climb Global Solutions, Inc.'s gross profit and gross margin?

Climb Global Solutions, Inc. (CLMB) generated $105.3M in gross profit for the year, representing a gross profit margin of 16.1%. This demonstrates the company's core pricing power and production efficiency.