Filing Flows › Climb Global Solutions (CLMB) › Q2 2025
Climb Global Solutions (CLMB) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Climb Global Solutions (CLMB) reported revenue of $159M for the second quarter 2025 (Q2 2025), +73% from a year earlier and +15% from the quarter before. Operating margin was 5.0%, net earnings $6.0M (3.7% of revenue).
Climb Global Solutions, Q2 2025: revenue $159M (+73% year over year), operating margin 5.0%, net earnings $6.0M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $159M | +15% | +73% |
| Gross profit | $26.3M | +12% | +42% |
| Operating profit | $8.0M | +67% | +87% |
| Net earnings | $6.0M | +62% | +74% |
| Operating cash flow | −$2.2M | -126% | — |
What changed
Revenue was $159.3M in Q2 2025, up 73% year over year and up 15% from the previous quarter. Distribution Segment was the largest line at 96% of revenue. Distribution Segment added $65.2M year over year (up 74%), 97% of the total change.
Gross margin was 16.5%, down 3.6 points from a year earlier. Operating profit was $8.0M, a 5.0% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 6% reached operating profit, above the 5% margin then. Operating expenses grew 28% against revenue growth of 73%. The fastest-growing cost line was Other operating costs (+50%). Net earnings were $6.0M, up 74% year over year. The effective tax rate was 22.9%.
Operating cash flow was −$2.2M. Non-cash charges added back $2.0M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $11.3M. Capital expenditures of $672K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Climb Global Solutions' revenue in the second quarter 2025?
Climb Global Solutions (CLMB) reported revenue of $159M for the second quarter 2025 (Q2 2025), +73% from a year earlier and +15% from the quarter before.
Was Climb Global Solutions profitable in the second quarter 2025?
Operating profit was $8.0M (5.0% of revenue) and net earnings $6.0M.