Filing Flows › Ingram Micro Holding (INGM) › Q3 2025
Ingram Micro Holding (INGM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Ingram Micro Holding (INGM) reported revenue of $12.6B for the third quarter 2025 (Q3 2025), +7% from a year earlier and -1% from the quarter before. Operating margin was 1.8%, net earnings $99.5M (0.8% of revenue).
Ingram Micro Holding, Q3 2025: revenue $12.6B (+7% year over year), operating margin 1.8%, net earnings $99.5M, operating cash flow −$146M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.6B | -1% | +7% |
| Gross profit | $870M | +4% | +3% |
| Operating profit | $224M | +57% | +2% |
| Net earnings | $99.5M | +163% | +29% |
| Operating cash flow | −$146M | — | — |
What changed
Revenue was $12.6B in Q3 2025, up 7% year over year and down 1% from the previous quarter.
Gross margin was 6.9%, down 0.3 points from a year earlier. Operating profit was $0.22B, a 1.8% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 2% margin then. Operating expenses grew 3% against revenue growth of 7%. Net earnings were $0.10B, up 29% year over year. The effective tax rate was 33.9%.
Operating cash flow was −$0.15B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.30B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.18B.
Questions
What was Ingram Micro Holding's revenue in the third quarter 2025?
Ingram Micro Holding (INGM) reported revenue of $12.6B for the third quarter 2025 (Q3 2025), +7% from a year earlier and -1% from the quarter before.
Was Ingram Micro Holding profitable in the third quarter 2025?
Operating profit was $224M (1.8% of revenue) and net earnings $99.5M.