Climb Global Solutions Inc

climbglobalsolutions.com

What Do They Do?

Distributes third-party software and hardware through resellers and systems integrators, and provides cloud and IT solutions directly to end users.

How Do They Make Money?

Resellers and end users buy third-party software, hardware and services; product sales count when items ship or software access is delivered. Cloud subscriptions are billed monthly for usage, while maintenance and subscription agreements generate recurring renewals.

revenue

Segment	Share	Revenue	How money arrives
Distribution Segment Mix	96% FY2022: 93%		Mix
Solutions Segment	3.8% FY2022: 7.2%

Who Are Their Customers?

Resellers and systems integrators buy products for resale to end users; the Solutions segment sells software, hardware and services directly to end users.

Customers above 10% of revenue, FY2025

of revenue from two customers (24%, 13%)

FY2024: 43% from three customers

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025

4% of revenue

▲ +4% vs FY2024 ($28M, 6%)

Net income, FY2025

3% of revenue

▲ +15% vs FY2024 ($18.6M, 4%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +9%; vs $159.3M in Q2 FY2025
Net income: ▼ −8%; vs $6M in Q2 FY2025

Distribution Segment share of revenue vs 96.1% in Q2 FY2025

Growing. Revenue grew 2.3x in 4 years, from $282.6M in FY2021 to $652.5M in FY2025, about 23% a year.

Broader cloud support coverage The latest report describes cloud support capabilities in North America as well as the United Kingdom and Europe; the older report describes support in the United Kingdom and Europe.

Revenue over time

Distribution Segment Solutions Segment

$1B$500M$0

FY2021 FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with Arrow Electronics, TD Synnex, and Ingram Micro

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