Recent Updates — CLMB
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.
At its 2026 Annual Meeting of Stockholders held on June 2, 2026, Climb Global Solutions, Inc. approved the Amended and Restated 2021 Omnibus Incentive Plan and elected four directors. Representing 81.97% of issued and outstanding common stock (15,139,669 shares), stockholders also approved executive compensation and ratified Deloitte & Touche, LLP as the company's independent auditor for the 2026 fiscal year.