Climb Global Solutions Reports Second Quarter 2026 Results

EATONTOWN, N.J., July 29, 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 second quarter ended June 30, 2026.

Second Quarter 2026 Summary vs. Same Year-Ago Quarter * Net sales increased 9% to $174.2 million. * Gross billings (a key operational metric defined below) increased 17% to $587.3 million. Distribution segment gross billings increased 18% to $562.9 million, and Solutions segment gross billings increased 4% to $24.4 million. * Net income was $5.5 million or $0.30 per diluted share, compared to $6.0 million or $0.33 per diluted share. * Adjusted net income (a non-GAAP financial measure defined below) was $5.5 million or $0.30 per diluted share, compared to $6.4 million or $0.35 per diluted share. * Adjusted EBITDA (a non-GAAP financial measure defined below) was $11.3 million compared to $11.4 million. Management Commentary