Filing Flows › Climb Global Solutions (CLMB) › Q3 2025
Climb Global Solutions (CLMB) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Climb Global Solutions (CLMB) reported revenue of $161M for the third quarter 2025 (Q3 2025), +35% from a year earlier and +1% from the quarter before. Operating margin was 4.3%, net earnings $4.7M (2.9% of revenue).
Climb Global Solutions, Q3 2025: revenue $161M (+35% year over year), operating margin 4.3%, net earnings $4.7M, operating cash flow $22.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $161M | +1% | +35% |
| Gross profit | $25.7M | -2% | +6% |
| Operating profit | $6.9M | -13% | -19% |
| Net earnings | $4.7M | -21% | -14% |
| Operating cash flow | $22.2M | — | — |
| Free cash flow | $22.0M | — | — |
What changed
Revenue was $161.3M in Q3 2025, up 35% year over year and up 1% from the previous quarter. Distribution Segment was the largest line at 96% of revenue. Distribution Segment added $42.6M year over year (up 38%), 101% of the total change. Solutions Segment declined 7%.
Gross margin was 15.9%, down 4.4 points from a year earlier. Operating profit was $6.9M, a 4.3% margin (down 2.8 points year over year). Operating profit fell $1.6M even though revenue rose $42.0M versus a year earlier, so costs grew faster than sales. Operating expenses grew 19% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+42%). Net earnings were $4.7M, down 14% year over year. The effective tax rate was 25.5%.
Operating cash flow was $22.2M, 473% of net earnings. Non-cash charges added back $2.0M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $14.5M. Capital expenditures of $271K left free cash flow of $22.0M.
Questions
What was Climb Global Solutions' revenue in the third quarter 2025?
Climb Global Solutions (CLMB) reported revenue of $161M for the third quarter 2025 (Q3 2025), +35% from a year earlier and +1% from the quarter before.
Was Climb Global Solutions profitable in the third quarter 2025?
Operating profit was $6.9M (4.3% of revenue) and net earnings $4.7M.