Filing Flows › Ingram Micro Holding (INGM) › Q1 2026
Ingram Micro Holding (INGM) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Ingram Micro Holding (INGM) reported revenue of $14.0B for the first quarter 2026 (Q1 2026), +14% from a year earlier and -6% from the quarter before. Operating margin was 1.6%, net earnings $98.9M (0.7% of revenue).
Ingram Micro Holding, Q1 2026: revenue $14.0B (+14% year over year), operating margin 1.6%, net earnings $98.9M, operating cash flow −$978M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.0B | -6% | +14% |
| Gross profit | $926M | -4% | +12% |
| Operating profit | $223M | -28% | +11% |
| Net earnings | $98.9M | -19% | +43% |
| Operating cash flow | −$978M | -163% | — |
What changed
Revenue was $14.0B in Q1 2026, up 14% year over year and down 6% from the previous quarter.
Gross margin was 6.6%, down 0.1 points from Q1 2025. Operating profit was $0.22B, a 1.6% margin (unchanged year over year). Of the extra revenue versus Q1 2025, 1% reached operating profit, below the 2% margin then. Operating expenses grew 12% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+389%). Net earnings were $0.10B, up 43% year over year. The effective tax rate was 29.7%.
Operating cash flow was −$1.0B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $1.1B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$1.0B.
Questions
What was Ingram Micro Holding's revenue in the first quarter 2026?
Ingram Micro Holding (INGM) reported revenue of $14.0B for the first quarter 2026 (Q1 2026), +14% from a year earlier and -6% from the quarter before.
Was Ingram Micro Holding profitable in the first quarter 2026?
Operating profit was $223M (1.6% of revenue) and net earnings $98.9M.