# Climb Global Solutions, Inc. (CLMB)

> Source: Nexqual · https://nexqual.com/CLMB · data as of 2026-10-28 20:00 UTC · cite as "Nexqual, Climb Global Solutions, Inc. (CLMB), nexqual.com/CLMB" · informational, not investment advice.

**Price:** USD 33.13 (+3.02% on the day) · last close of Oct 28, 2026; US market closed, not a live price. Prev close 32.16 · day 32.03–33.13 · 52w 15.25–34.14 · market cap $618M · NGM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $712M, net income $20.5M (2.9% margin) (SEC filings).
- Valuation: P/E 30.1x (avg 23.9x at the last 3 fiscal year-ends).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $75K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.67 on a 1–5 scale) (3 analysts), mean target USD 32.33 (range 30–34).
- Total return with dividends: 1Y -0.6% vs S&P 500 +13.6%; 5Y +427.4% vs S&P 500 +79.8%.
- Next earnings: 2026-10-28, EPS estimate USD 0.38, revenue estimate $181M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $283M | $304M | $352M | $466M | $653M | $712M |
| Gross profit | $45.7M | $54.1M | $64.2M | $91.1M | $105M | — |
| Operating income | $12.1M | $17.3M | $16.5M | $28.0M | $29.2M | $27.7M |
| Net income | $9.2M | $12.5M | $12.3M | $18.6M | $21.3M | $20.5M |
| EPS (diluted) | $0.52 | $0.70 | $0.68 | $1.01 | $1.16 | — |
| Gross margin | 16.2% | 17.8% | 18.3% | 19.6% | 16.1% | — |
| Operating margin | 4.3% | 5.7% | 4.7% | 6.0% | 4.5% | 3.9% |
| Net margin | 3.3% | 4.1% | 3.5% | 4.0% | 3.3% | 2.9% |
| Revenue growth | +12.3% | +7.7% | +15.7% | +32.3% | +40.1% | — |
| Cash + short-term investments | $29.3M | $20.2M | $36.3M | $29.8M | $36.6M | — |
| Total debt | $0K | $1.8M | $1.3M | $751K | $191K | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 30.1x · P/S 0.9x · P/B 5.0x · Earnings yield 3.32% · Dividend yield (paid, TTM) 0.25% · Buyback yield (TTM) 0.37%
P/E at fiscal year-ends: Dec 2025 21.8x, Dec 2024 30.4x, Dec 2023 19.6x.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $75K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-04 | McCarthy John R | Director | 4,000 | $75K | 18.83 | Too little history (no open-market trades in 2024 or 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 1.67 on a 1–5 scale), 3 analysts; mean target USD 32.33 (low 30, high 34).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-29) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -0.6% | +427.4% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | -0.6% | +39.4% |
| Volatility (annualized) | 51.0% | 43.1% |
| Max drawdown | -49.9% (Oct 2025→Apr 2026) | -46.0% (Sep 2025→Apr 2026) |

## Peers (Electronics & Computer Distribution)
SCSC (ScanSource, Inc.) USD 59.44 -2.96% · CNXN (PC Connection, Inc.) USD 86.5 -2.35% · NSIT (Insight Enterprises, Inc.) USD 177.84 -0.29% · AVT (Avnet, Inc.) USD 93.57 +0.67% · ARW (Arrow Electronics, Inc.) USD 222.95 +1.50% · SNX (TD SYNNEX Corporation) USD 256.74 +0.79%

## More
Full page: https://nexqual.com/CLMB · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in CLMB's own 10-K filed 2026-02-27 (https://www.sec.gov/Archives/edgar/data/945983/000143774926006072/clmb20251231_10k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Douglas Stewart Software & Services | "The increase in Distribution segment gross profit resulted primarily from the organic growth at our existing vendor lines and the impact of DSS acquisition, partially offset by higher early pay discounts and other rebate…" |
| Partner | First American Commercial Bancorp | "As of December 31, 2025, we had approximately $0.2 million outstanding under our term loan with First American Commercial Bancorp and there were no amounts outstanding under our revolving credit agreement with JPMorgan C…" |

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Distribution | $167.8M | 96.3% | +9.7% |
| Solutions | $6.4M | 3.7% | +2.5% |
| Total revenue | $174.2M | 100% | — |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $135.2M | 77.6% | +15.9% |
| United Kingdom | $20.7M | 11.9% | -27.2% |
| Canada | $9.8M | 5.6% | +38.2% |
| Europe | $8.6M | 4.9% | +18.8% |
| Total revenue | $174.2M | 100% | — |

## Customer concentration

Period ended 2026-06-30: 21%, 14%, 13% of revenue from unnamed direct customers (10-Q, filed 2026-07-30).

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.38 | $0.39 | -3.4% | $181.0M | 3 |
| Next quarter (ends 2026-12-31) | $0.54 | $0.53 | +2.5% | $195.5M | 3 |
| Current fiscal year (ends 2026-12-31) | $1.40 | $1.42 | -1.6% | $732.9M | 3 |
| Next fiscal year (ends 2027-12-31) | $1.75 | $1.78 | -1.9% | $801.2M | 3 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.30 | $0.31 | Miss −3.2% | — |
| — | Quarter ended Mar 31, 2026 | $0.19 | $0.25 | Miss −24.0% | — |
| — | Quarter ended Dec 31, 2025 | $0.38 | $0.32 | Beat +18.8% | — |
| — | Quarter ended Sep 30, 2025 | $0.33 | $0.28 | Beat +17.9% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-28 | 8-K | Quarterly results | https://www.sec.gov/Archives/edgar/data/945983/000143774926033785/0001437749-26-033785-index.htm |
| 2026-10-22 | 8-K | Entered a material agreement; Regulation FD disclosure — “On October 21, 2026, Climb Global Solutions, Inc. (the "Company") entered into a Sale and Purchase Agreement (the "Purchase Agreement"), by and among the Company and the parties identified as Sellers therein (collectively, the "Sellers"). Pursuant to the Purchase Agreement, the Company purchased one hundred percent of the issued and outstanding shares of NeoVAD, a simplified joint stock company ( soci t par actions simplifi e ) organized under the laws of France, from the Sellers for an aggregate purchase price of…” | https://www.sec.gov/Archives/edgar/data/945983/000143774926033185/0001437749-26-033185-index.htm |
| 2026-07-30 | 10-Q | Quarterly report · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/945983/000143774926025052/0001437749-26-025052-index.htm |
| 2026-07-29 | 8-K | Quarterly results | https://www.sec.gov/Archives/edgar/data/945983/000143774926024878/0001437749-26-024878-index.htm |
| 2026-07-07 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/945983/000143774926022894/0001437749-26-022894-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.