Filing Flows › Ingram Micro Holding (INGM) › Q1 2025
Ingram Micro Holding (INGM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Ingram Micro Holding (INGM) reported revenue of $12.3B for the first quarter 2025 (Q1 2025), +8% from a year earlier and -8% from the quarter before. Operating margin was 1.6%, net earnings $69.2M (0.6% of revenue).
Ingram Micro Holding, Q1 2025: revenue $12.3B (+8% year over year), operating margin 1.6%, net earnings $69.2M, operating cash flow −$200M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.3B | -8% | +8% |
| Gross profit | $829M | -11% | -0.7% |
| Operating profit | $201M | -19% | +18% |
| Net earnings | $69.2M | -17% | +40% |
| Operating cash flow | −$200M | — | — |
What changed
Revenue was $12.3B in Q1 2025, up 8% year over year and down 8% from the previous quarter.
Gross margin was 6.7%, down 0.6 points from a year earlier. Operating profit was $0.20B, a 1.6% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, above the 2% margin then. Operating expenses fell 6% while revenue rose 8%. Net earnings were $0.07B, up 40% year over year. The effective tax rate was 31.1%.
Operating cash flow was −$0.20B. Non-cash charges added back $0.05B of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $0.32B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.23B.
Questions
What was Ingram Micro Holding's revenue in the first quarter 2025?
Ingram Micro Holding (INGM) reported revenue of $12.3B for the first quarter 2025 (Q1 2025), +8% from a year earlier and -8% from the quarter before.
Was Ingram Micro Holding profitable in the first quarter 2025?
Operating profit was $201M (1.6% of revenue) and net earnings $69.2M.