Climb Global Solutions Q4 sales rise 20%, suspends dividend

Climb Global Solutions

25/02/2026 21:29

Overview

IT distribution firm's Q4 net sales rose 20%, but net income remained flat

Adjusted EBITDA for Q4 beat analyst expectations

Company suspended quarterly dividend to prioritize capital allocation objectives

Outlook

Climb suspends quarterly dividend to prioritize capital allocation objectives

Climb aims to deliver on organic and inorganic growth objectives in 2026

Result Drivers

EUROPEAN EXPANSION - Acquisition of Interworks enhanced European operations and expanded presence in high-growth markets

ORGANIC GROWTH - Q4 net sales increase driven by organic growth from new and existing vendors

Company press release: ID:nGNX3nX3lT

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Sales
Beat
$193.85 mln
$167.75 mln (2 Analysts)
Q4 Net Income
$6.98 mln
Q4 Adjusted EBITDA
Beat
$13 mln
$11.26 mln (2 Analysts)
Q4 Basic EPS
$1.52
Q4 Gross Profit
$29.83 mln
Q4 Income From Operations
$9.52 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy."

Wall Street's median 12-month price target for Climb Global Solutions Inc is $133.00, about 33.3% above its February 24 closing price of $99.77

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)