Ingram Micro 2025 Q2 Earnings Revenue Rises 10.9% Amid EPS Decline

Ingram Micro reported fiscal 2025 Q2 earnings on August 6, 2025. The company exceeded revenue expectations with a 10.9% year-over-year increase, but its EPS declined significantly. Management guided for continued top-line growth in Q3, citing strong regional and business line performance.

Revenue
Ingram Micro generated $12.79 billion in revenue for Q2 2025, reflecting a 10.9% year-over-year increase from $11.54 billion in the same period last year. The growth was broad-based, with positive performance across all four geographic regions and three primary business lines. The company highlighted strength in the Asia-Pacific region, client and endpoint solutions, and enterprise sales, alongside momentum in advanced solutions.

Earnings/Net Income
Despite the strong revenue growth, Ingram Micro’s earnings declined. Earnings per share (EPS) fell 36.0% to $0.16 from $0.25 in Q2 2024, while net income dropped by 30.7% to $37.83 million from $54.59 million. This marked a record high for fiscal Q2 net income in two years, though the EPS performance remains a cause for concern.

Price Action
INGM shares fell 1.92% in the latest trading day, 7.59% over the past week, and 6.53% month-to-date, reflecting investor uncertainty following the earnings release.

Post-Earnings Price Action Review
A strategy of buying Ingram Micro shares post-earnings and holding for 30 days resulted in a -9.76% return, significantly underperforming the 6.90% benchmark return. The approach showed a -13.90% compound annual growth rate, with a Sharpe ratio of -0.31, signaling a high-risk, low-reward investment environment with notable volatility.

CEO Commentary
CEO Paul Bay emphasized strong second-quarter performance, noting growth across all regions and business lines. A ransomware attack in early July was cited as a test of resilience, with no impact on Q2 results. CFO Mike Zilis highlighted exceeding the top end of guidance for net sales and profitability metrics.

Guidance
The company expects continued year-over-year revenue growth in Q3, driven by strong execution in core businesses. Two non-core divestitures, including CloudBlue, are expected to conclude in Q3. A term loan was amended in June to reduce the interest rate by 50 basis points, and the quarterly dividend was raised by 2.6% to $0.078 per share.

Additional News
On August 7, 2025, Ingram Micro released slides detailing Q2 2025 results, showing a 10.2% revenue increase. While the exact figures were not specified, the news underscored ongoing operational momentum. The company remains focused on strategic divestitures, with CloudBlue and another non-core business expected to close in Q3. Meanwhile, leadership reaffirmed confidence in the company’s ability to execute its core strategy and drive long-term value.