Climb Global Solutions Reports Record Third Quarter 2026 Results
Key Highlights
- ➤Net sales rose 37% to $220.3 million in Q3 2026
- ➤Gross billings increased 40% to $706.4 million
- ➤Net income climbed 69% to $7.9 million, or $0.43 per share
- ➤Adjusted EBITDA grew 35% to $14.7 million
- ➤Climb acquired NeoVAD after quarter-end, expanding its European presence
Expert Statements
Dale Foster, CEO of Climb Global Solutions
“We delivered record results across certain key financial metrics in Q3, driven by strong momentum across our vendor portfolio, continued execution against our strategic priorities and contributions from our acquisition of interworks.cloud (“Interworks”) earlier this year.”
Dale Foster, CEO of Climb Global Solutions
“Our focused line card is central to our performance as 19 of our top 20 vendors generated sequential growth during the quarter.”
Dale Foster, CEO of Climb Global Solutions
“We are also seeing meaningful progress across several newer relationships, including Fortinet and Darktrace, underscoring our ability to identify and develop high-impact partners.”
Dale Foster, CEO of Climb Global Solutions
“As we expand these relationships and grow our vendor portfolio, we are making strategic investments in technology and automation to support greater scale, efficiency and operating leverage across our global platform.”
Dale Foster, CEO of Climb Global Solutions
“Subsequent to quarter end, we expanded our European presence through the acquisition of NeoVAD, bolstering our position in France with a highly complementary team, reseller network and vendor portfolio.”
Dale Foster, CEO of Climb Global Solutions
“The transaction builds on our investments across Europe and creates additional opportunities to deepen key vendor relationships, broaden the solutions available to our channel partners and leverage our existing infrastructure across the region.”
Dale Foster, CEO of Climb Global Solutions
“We believe NeoVAD is an excellent strategic fit and another important step in building greater scale and capabilities across our European operations.”
Dale Foster, CEO of Climb Global Solutions
“Looking ahead, we remain focused on identifying emerging technologies that can strengthen our line card and support continued organic growth.”
Dale Foster, CEO of Climb Global Solutions
“We will also evaluate accretive acquisition opportunities that fit Climb’s culture and high-touch model, with Europe as a key area of focus.”
Dale Foster, CEO of Climb Global Solutions
“We believe our strong balance sheet, coupled with our proven track record of execution, will enable us to close out 2026 on a strong note and deliver another year of record performance.”
Financial MetricQ3 2026 Performance vs. Same Year-Ago Quarter
EATONTOWN, N.J., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ: CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, is reporting results for the third quarter ended September 30, 2026.
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