Filing Flows › Ingram Micro Holding (INGM) › Q2 2025
Ingram Micro Holding (INGM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Ingram Micro Holding (INGM) reported revenue of $12.8B for the second quarter 2025 (Q2 2025), +11% from a year earlier and +4% from the quarter before. Operating margin was 1.1%, net earnings $37.8M (0.3% of revenue).
Ingram Micro Holding, Q2 2025: revenue $12.8B (+11% year over year), operating margin 1.1%, net earnings $37.8M, operating cash flow −$298M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.8B | +4% | +11% |
| Gross profit | $839M | +1% | +1% |
| Operating profit | $143M | -29% | -21% |
| Net earnings | $37.8M | -45% | -31% |
| Operating cash flow | −$298M | — | — |
What changed
Revenue was $12.8B in Q2 2025, up 11% year over year and up 4% from the previous quarter.
Gross margin was 6.6%, down 0.6 points from a year earlier. Operating profit was $0.14B, a 1.1% margin (down 0.5 points year over year). Operating profit fell $0.04B even though revenue rose $1.3B versus a year earlier, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 11%. Net earnings were $0.04B, down 31% year over year. The effective tax rate was 36.8%.
Operating cash flow was −$0.30B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.39B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.33B.
Questions
What was Ingram Micro Holding's revenue in the second quarter 2025?
Ingram Micro Holding (INGM) reported revenue of $12.8B for the second quarter 2025 (Q2 2025), +11% from a year earlier and +4% from the quarter before.
Was Ingram Micro Holding profitable in the second quarter 2025?
Operating profit was $143M (1.1% of revenue) and net earnings $37.8M.