Ingram Micro Holding Corp
ingrammicro.comIngram Micro Holding Corporation (NYSE: INGM) is a technology distribution company that sources IT hardware, software, and services from vendors and resells them to resellers, mobile network operators, and enterprise customers worldwide. Revenue is transactional: Ingram Micro earns a margin on products and services purchased from vendors and sold to business partners, supplemented by fees from value-added services, cloud marketplace subscriptions, and financing solutions. The company operates across North America, Europe and the Middle East, Asia-Pacific, and Latin America, positioning itself as one of the largest distributors of technology products globally by revenue. Apple Inc. accounted for approximately 21% of consolidated net sales in Fiscal Year 2025, HP Inc. approximately 9%, and Lenovo approximately 10%. The Ingram Micro Xvantage platform, which incorporates more than 42 million lines of code and 400 AI and ML models as of the FY2025 10-K filed March 3, 2026, serves as the unified digital interface connecting vendors and reseller partners. Paul Bay serves as CEO. Platinum Equity holds a controlling ownership stake.
Products & Services
Client and endpoint solutions (PCs, peripherals, consumer electronics, DC/POS, physical security); advanced solutions (servers, storage, networking, hybrid and software-defined solutions, cybersecurity, power and cooling, AI-related products, UCC, IoT, audio visual and digital signage); cloud-based solutions via Ingram Micro Cloud Marketplace (third-party SaaS, IaaS, and subscription offerings from vendors including Microsoft, Amazon Web Services, Cisco, Proofpoint, and Adobe); training, professional services, and financing solutions.
Revenue Model
Transactional product distribution margin on IT hardware, software, and services resold to resellers and enterprise customers; cloud marketplace subscription and service fees through Ingram Micro Cloud Marketplace; and fees from financing, professional services, and training tied to advanced solutions. Trade accounts receivable factoring programs are also used, with $936,934 thousand in receivables sold under these programs as of December 27, 2025.
Customers & Markets
Resellers, value-added resellers, mobile network operators, and enterprise and corporate end users. End markets include commercial IT, cloud infrastructure, cybersecurity, unified communications, and consumer electronics. Vendor concentration is material: Apple Inc. 21% of consolidated net sales in FY2025, Lenovo 10%, and HP Inc. 9% (all figures from FY2025 10-K filed March 3, 2026).
Geographic Exposure
North America, Europe and the Middle East, Asia-Pacific, and Latin America. Specific revenue breakdowns by region are not detailed in the excerpts provided from the FY2025 10-K filed March 3, 2026.
Source: SEC 10-K, filed 2026-03-03
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