Recent Updates — CLMB

Climb Global Solutions reported record third-quarter 2026 financial results for the period ended September 30, 2026. Net sales increased 37% year-over-year to $220.3 million, while gross billings rose 40% to $706.4 million. Net income surged 69% to $7.9 million, translating to diluted earnings per share of $0.43 compared to $0.25 in the prior year period. Adjusted EBITDA grew 35% to $14.7 million. The company also announced the post-quarter acquisition of NeoVAD to expand its European presence. Climb Global Solutions is a value-added global IT distribution and solutions company specializing in emerging technologies.

Climb Global Solutions, Inc. entered into a Sale and Purchase Agreement on October 21, 2026, to acquire 100% of the shares of NeoVAD for approximately €16.0 million ($18.0 million). NeoVAD is a France-based value-added IT distributor specializing in cybersecurity, cloud services, and virtualization solutions, serving approximately 300 active resellers. For its fiscal year ended December 31, 2025, NeoVAD generated EBITDA of approximately €2.2 million ($2.5 million). The transaction is expected to be accretive to earnings per share and adjusted EBITDA. Climb Global Solutions operates as a value-added global IT distribution and solutions company specializing in emerging technologies.

Climb Global Solutions, Inc. reported financial results for the quarter ended June 30, 2026. Net sales increased 9% to $174.2 million, while gross billings rose 17% to $587.3 million. Gross profit grew 15% to $30.2 million. Net income was $5.5 million, or $0.30 per diluted share, compared to $6.0 million, or $0.33 per diluted share, in the prior year period. Adjusted EBITDA was $11.3 million. The company reported no dividends paid for the quarter and held $56.6 million in cash with no outstanding debt as of June 30, 2026. Climb Global Solutions is a value-added global IT distribution and solutions company specializing in emerging and innovative technologies.