Climb Global Solutions

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus: revenue of $174.2M missed expectations by 0.44%, while GAAP EPS of $0.30 beat the $0.29 estimate. Gross margin came in at 17.3%, significantly exceeding the 16.45% consensus. The acquisition of Interworks contributed $1.5M to net sales, helping to offset a shift toward net-recorded security and cloud products. While net income decreased 8% YoY due to higher SG&A and a higher effective tax rate of 26.8% vs. 25.35% expected, organic gross profit growth remained robust at 15%.