Filing Flows

Filing Flows › Climb Global Solutions (CLMB) › Q1 2026

Climb Global Solutions (CLMB) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 30, 2026

Climb Global Solutions (CLMB) reported revenue of $182M for the first quarter 2026 (Q1 2026), +32% from a year earlier and -6% from the quarter before. Operating margin was 2.1%, net earnings $3.3M (1.8% of revenue).

Revenue$182M
Year over year+32%
Quarter over quarter-6%
Operating margin2.1%
Net earnings$3.3M

Climb Global Solutions, Q1 2026: revenue $182M (+32% year over year), operating margin 2.1%, net earnings $3.3M, operating cash flow $16.8M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$182M-6%+32%
Gross profit$26.5M-11%+13%
Operating profit$3.9M-59%-19%
Net earnings$3.3M-52%-10%
Operating cash flow$16.8M—+99%
Free cash flow$16.3M—+112%

What changed

Revenue was $182.4M in Q1 2026, up 32% year over year and down 6% from the previous quarter. Distribution Segment was the largest line at 97% of revenue. Distribution Segment added $44.9M year over year (up 34%), 101% of the total change. Solutions Segment declined 10%.

Gross margin was 14.5%, down 2.4 points from Q1 2025. Operating profit was $3.9M, a 2.1% margin (down 1.3 points year over year). Operating profit fell $894K even though revenue rose $44.3M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 21% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $3.3M, down 10% year over year. The effective tax rate was 20.0%.

Operating cash flow was $16.8M (up 99% year over year), 505% of net earnings. Non-cash charges added back $2.0M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $10.2M. Capital expenditures of $478K left free cash flow of $16.3M.

Questions

What was Climb Global Solutions' revenue in the first quarter 2026?

Climb Global Solutions (CLMB) reported revenue of $182M for the first quarter 2026 (Q1 2026), +32% from a year earlier and -6% from the quarter before.

Was Climb Global Solutions profitable in the first quarter 2026?

Operating profit was $3.9M (2.1% of revenue) and net earnings $3.3M.

Open the interactive Sankey →

Source: Climb Global Solutions 10-Q on SEC EDGAR.