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CLMB

Climb Global Solutions, Inc.

CLMB

Climb Global Solutions, Inc. • NASDAQ
$101.06 ▲ 1.04% (+1.04)
Market Cap $466.23 M
52w High $145.02
52w Low $88.90
Dividend Yield 0.34%
P/E 21.73
Volume 74.20K
Outstanding Shares 4.61M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $161.343M ▲ $18.796M ▲ $4.696M ▼ 2.911% ▼ $1.02 ▼ $8.279M ▼
Q2-2025 $159.284M ▲ $18.352M ▼ $5.968M ▲ 3.747% ▲ $1.3 ▲ $10.061M ▲
Q1-2025 $138.044M ▼ $18.618M ▲ $3.684M ▼ 2.669% ▼ $0.81 ▼ $6.641M ▼
Q4-2024 $161.76M ▲ $17.075M ▲ $6.816M ▲ 4.214% ▼ $1.52 ▲ $11.374M ▲
Q3-2024 $119.349M $13.937M $5.32M 4.458% $1.19 $8.496M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $49.842M ▲ $376.091M ▼ $266.829M ▼ $109.262M ▲
Q2-2025 $28.587M ▼ $420.691M ▲ $315.514M ▲ $105.177M ▲
Q1-2025 $32.461M ▲ $370.053M ▼ $274.499M ▼ $95.554M ▲
Q4-2024 $29.778M ▲ $469.179M ▲ $378.591M ▲ $90.588M ▲
Q3-2024 $22.139M $371.94M $284.272M $87.668M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $4.696M ▼ $22.233M ▲ $-271K ▲ $-1.219M ▲ $21.255M ▲ $21.962M ▲
Q2-2025 $5.966M ▲ $-2.195M ▼ $-672K ▲ $-1.447M ▲ $-3.874M ▼ $-2.867M ▼
Q1-2025 $3.684M ▼ $8.457M ▼ $-729K ▲ $-5.346M ▼ $2.683M ▼ $7.728M ▼
Q4-2024 $6.99M ▲ $15.981M ▲ $-2.164M ▲ $-4.849M ▼ $7.639M ▲ $14.103M ▲
Q3-2024 $5.459M $-3.576M $-21.903M $-1.247M $-26.224M $-4.807M

Revenue by Products

Product Q4-2023Q1-2024Q2-2025Q3-2025
Distribution Segment
Distribution Segment
 $0 ▲$0 ▲$150.00M ▲$150.00M ▲
Solutions Segment
Solutions Segment
 $0 ▲$0 ▲$10.00M ▲$10.00M ▲
Distribution
Distribution
 $100.00M ▲$90.00M ▼$0 ▼$0 ▲
Solutions
Solutions
 $10.00M ▲$10.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing steadily over the last several years, showing that the business is successfully expanding its reach in the technology distribution niche. Profitability has also improved, with operating and net income both trending higher, which suggests better scale, good cost control, and a richer mix of higher‑margin services and software. Earnings per share have grown meaningfully over time, though not in a perfectly straight line. This pattern points to healthy underlying momentum but also shows that results can move around from year to year, which is typical for a company that leans on emerging technologies and acquisitions. Overall, the income statement reflects a more efficient, more profitable company than it was a few years ago, but with some normal volatility baked in.

Balance Sheet

Balance Sheet The balance sheet looks conservative and disciplined. Total assets have increased over time, reflecting growth in the business footprint, while shareholders’ equity has also built up, indicating retained profits rather than aggressive financial engineering. The absence of financial debt stands out as a major strength. Running the business without borrowings reduces financial risk and gives management more flexibility if conditions in the tech channel become tougher. Cash levels are modest but appear adequate given the capital‑light model and steady cash generation, though it does mean the company likely depends on ongoing healthy operations rather than a large cash cushion.

Cash Flow

Cash Flow Cash generation from the core business has generally been solid, with operating cash flow broadly in line with reported profits. That alignment signals that earnings quality is reasonably good and not overly dependent on accounting adjustments. Free cash flow has been consistently positive in recent years, helped by very low capital spending needs. This fits a software‑ and services‑tilted distribution model, where growth does not require heavy investment in physical assets. The flipside is that the company has limited room for large one‑off projects without tapping external funding, but its recurring cash flows and lack of debt provide some buffer.

Competitive Edge

Competitive Edge Climb competes not by owning the underlying technology, but by positioning itself as a specialist, high‑touch distributor for emerging and complex IT solutions. Its edge comes from focus: a curated roster of vendors, deep product knowledge, and hands‑on sales and technical support for resellers and managed service providers. Long‑standing relationships with both vendors and channel partners create switching costs and make Climb a preferred route to market for smaller, innovative tech firms that might be overlooked by giant broadline distributors. The company’s agility and capital‑light software emphasis also distinguish it from hardware‑heavy peers. However, its reliance on third‑party vendors, concentration in higher‑growth but less mature technologies, and competition from much larger distributors remain ongoing structural risks.

Innovation and R&D

Innovation and R&D Innovation here is more about business model and enablement than traditional lab‑based R&D. Climb’s main “R&D” investments are in services, training, and tools that help partners sell and deploy advanced technologies, rather than in creating its own software products. Initiatives like the Climb AI Academy, the technical services arm focused on cloud adoption, and the upcoming Climb Expedition cloud marketplace illustrate a clear push to stay ahead of channel needs, especially in AI and cloud. Strategic acquisitions extend this platform into new geographies and verticals. The opportunity is to deepen its role as a specialist intermediary in fast‑moving tech segments; the risk is execution—integrating acquisitions, scaling new platforms, and keeping offerings differentiated as larger rivals also move up the value chain.

Summary

Overall, Climb Global Solutions presents as a steadily growing, increasingly profitable, and capital‑light technology distributor with a clear niche strategy. Its income statement shows meaningful improvement in scale and margins, while the debt‑free balance sheet and consistent free cash flow underscore financial prudence and resilience. The company’s competitive strength lies in its specialized, high‑touch model for emerging technologies and its strong ecosystem of vendor and reseller relationships. Innovation is focused on enablement platforms, training (especially around AI), and targeted acquisitions rather than heavy proprietary R&D. Key things to watch going forward include the stability of vendor partnerships, the success of AI‑ and cloud‑focused initiatives, the integration of acquisitions, and how well the company maintains its differentiation as larger distributors adapt to similar trends.

NEWS

November 5, 2025 · 7:00 AM UTC

Climb Channel Solutions Announces North American Partnership with Seclore

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October 28, 2025 · 7:00 AM UTC

Climb Channel Solutions Announces North American Partnership with Halcyon

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October 20, 2025 · 9:00 AM UTC

Halcyon Expands North American Reach Through New Distribution Partnership with Climb Channel Solutions

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October 16, 2025 · 8:30 AM UTC

Climb Global Solutions Sets Third Quarter 2025 Conference Call for October 30, 2025 at 8:30 a.m. ET

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October 2, 2025 · 8:51 AM UTC

Climb Channel Solutions named as one of “America's Greatest Companies 2025” by Newsweek

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