What is the revenue and EPS growth rate for Climb Global year over year?

What were the key takeaways from Climb Global’s earnings call?

What is Climb Global's latest dividend and current dividend yield?

What is the market's earnings forecast for Climb Global next quarter?

What were the key takeaways from Climb Global's earnings call?

What is Climb Global's gross profit margin?

What does Climb Global do and what are its main business segments?

What factors drove the changes in Climb Global's revenue and profit?

- **Revenue Growth**: Q4 gross billings +3% YoY, net sales +20% YoY, driven by new vendor signings post-Citrix exit. 
- **Strategic Acquisitions**: Interworks.cloud acquisition to expand Southeastern Europe cloud market, Fortinet partnership targeting $250M+ in 18 months. 
- **AI Investment**: Generative AI initiatives to improve operational efficiency, with CIO leading internal process automation. 
- **M&A Focus**: Dividend suspension to fund accretive acquisitions, with multiple European targets in pipeline. 
- **Financial Discipline**: 43.6% effective margin, strong cash position ($36.6M) supporting growth initiatives.

**【CEO Summary Section】**
- **Record Financial Performance**: 2025 was a year of record results, with organic growth driven by vendor relationships and operational efficiencies. 
- **Strategic Partnerships**: Signed 2 out of 100 potential vendor relationships in Q4, including a partnership with Fortinet, expected to become a meaningful contributor. Darktrace generated $13M in transactions across 70 partners. 
- **Acquisition of Interworks.cloud**: A Greece-based cloud distributor with 600+ partners, immediately accretive to earnings. Integration will enhance cross-selling opportunities and expand Southeastern Europe presence. 
- **AI and Automation Focus**: Investing in generative AI to improve efficiency, with a new CIO leading internal process optimization. 
- **M&A Strategy**: 6 acquisitions in 6 years, prioritizing accretive targets that strengthen vendor portfolios and geographic reach. Dividend suspension to reinvest capital in growth initiatives. 

**【CFO Financial Commentary】**
- **Q4 2025 Financials**: 
  - Gross Billings: $625.4M (+3% YoY)
  - Net Sales: $193.8M (+20% YoY)
  - Gross Profit: $29.8M
  - Adjusted EBITDA: $13M
  - Effective Margin: 43.6%
- **Key Trends**: Organic growth offset a $60M decline from Citrix departure, with recurring revenue growth in high teens YoY. 
- **Balance Sheet**: $36.6M cash, no debt outstanding under $50M credit facility. 
- **Dividend Decision**: Suspended quarterly dividend to prioritize capital allocation for M&A and growth. 

**【Q&A Highlights】**
- **Fortinet Potential**: Targeting 10% of Fortinet's $2.5B addressable market, aiming for $250M+ gross billings within 18 months. 
- **Citrix Impact**: Filled $60M revenue gap through new vendor signings, with 3+ years of residual Citrix business. 
- **Interworks Synergies**: Microsoft CSP business and cloud marketplace expertise to drive cross-selling, with seamless integration via shared platform. 
- **M&A Pipeline**: Multiple European targets in discussions, focusing on accretive deals with strong vendor alignment. 
- **Profitability Outlook**: Gross margin improvement expected from AI-driven efficiency gains, with SG&A growth rate to lag gross billings growth.

Climb Global Solutions, Inc.(CLMB)-20260226-2025 Q4 Earnings call transcript

- **Revenue Growth**: Q3 gross billings $504.6M (+8% YoY), net sales $161.3M (+35% YoY) driven by DSS acquisition and European expansion.
- **AI Leadership**: 700+ trained in Climb AI Academy, 4 new vendor partnerships in cybersecurity and AI resilience.
- **Profitability**: Adjusted EBITDA $10.9M, operating margin 3.2%, with $49.8M cash on hand.
- **M&A Pipeline**: Actively evaluating $10-40M deals for 2026, focusing on technical talent and European market expansion.
- **Risk Management**: Disciplined vendor selection (70 evaluated, 4 signed Q3), no material FX/tariff exposure.

**【CEO Summary Section】**
- Q3 organic growth driven by double-digit expansion in North America and Europe, with contributions from the 2024 acquisition of Douglas Stewart Software (DSS). 
- European AI initiatives include the Climb AI Academy, which trained over 700 participants and offers ISO/IEC certifications, positioning the company as a leader in AI education and vendor-neutral solutions.
- Cybersecurity remains the core business segment (60% of gross billings), with vendors integrating AI into existing products like Adobe's creative suite.
- Management emphasized disciplined vendor selection (evaluated 70+ vendors, signed 4 new partners Q3) and strategic M&A pipeline targeting $10-40M deals in 2026.

**【CFO Financial Commentary】**
- **Top Line**: Gross billings $504.6M (+8% YoY), net sales $161.3M (+35% YoY). Distribution segment up 9%, offsetting 5% decline in Solutions segment.
- **Profitability**: Gross profit $25.7M (+6%), margin 5.1% (vs 5.2% prior). Adjusted EBITDA $10.9M (-1.8% YoY) due to one-time vendor transaction in Q3 2024.
- **Liquidity**: Cash $49.8M (+$20M YoY), no debt drawn on $50M credit facility. Q3 dividend of $0.17 declared.
- **Expense Management**: SG&A $16.2M (+16% YoY) due to higher vendor payments, but operating margin maintained at 3.2%.

**【Q&A Highlights】**
- **Growth Drivers**: 60% of gross billings from cybersecurity, with 70+ new vendor evaluations Q3. No lumpy deals, organic growth across 70% of vendor partners.
- **AR/AP Dynamics**: $18.3M working capital increase due to $30M+ vendor payments in Q2, normalized in Q3. AR/AP swings expected to continue with large transactions.
- **Solutions Segment**: 5% YoY decline due to U.S. renewals timing, but European expansion offsetting weakness.
- **M&A Strategy**: $600K in Q3 costs for pipeline evaluation, targeting 2026 deals with 3-5x EBITDA multiples. Focus on technical talent acquisitions to support high-margin European growth.
- **FX/Tariffs**: No material impact, currency hedging through 3-5 day quote windows.

Climb Global Solutions, Inc. (CLMB) Q3 2025 Earnings Call Transcript

- **Revenue Surge**: Q2 gross billings up 39% to $500.6 million, driven by security, data center solutions, and DSS acquisition.
- **Strategic Expansion**: New partnerships with Ignite and IGEL, plus leadership changes, enhance product line and execution.
- **Financial Strength**: Adjusted EBITDA jumps 64% to $11.4 million; no debt, $28.6 million cash, and $0.17 dividend declared.
- **M&A Focus**: Evaluating North America and Europe acquisitions, with 2025 transactions likely cash-funded.
- **Market Resilience**: No economic headwinds; vendors favor channel for margin efficiency, supporting continued growth.

**【CEO Summary Section】**
- **Strong Q2 Growth**: Revenue increased 39% YoY to $500.6 million, driven by organic growth and the DSS acquisition. Security and data center solutions led the charge, with security being the strongest segment.
- **Strategic Partnerships**: New vendor relationships with Ignite (secure content collaboration) and IGEL (endpoint OS solutions) expanded the product line, while the DSS acquisition added seasonal strength in education tech.
- **Leadership Changes**: Appointed Vishal Pushpa as CIO and promoted Carlos Rodrigues to President of North America, enhancing operational efficiency and market reach.
- **M&A Focus**: Actively evaluating acquisitions in North America and Europe to expand capabilities and geographic reach, with a preference for cash transactions in 2025.

**【CFO Financial Commentary】**
- **Gross Billings**: $500.6 million (39% YoY), with distribution segment up 40% and solutions up 19%.
- **Net Sales**: $159.3 million (73% YoY), reflecting organic growth and DSS contributions.
- **Adjusted EBITDA**: $11.4 million (64% YoY), with effective margin improving to 43.3%.
- **Balance Sheet**: $28.6 million cash, no debt outstanding, and a $50 million credit facility for future M&A.
- **Dividend**: Declared $0.17 per share, continuing capital return strategy.

**【Q&A Highlights】**
- **Gross Margin Stability**: Gross profit as a % of gross billings remained stable at 5.3%, with lumpy high-margin orders (e.g., VAST Data) contributing variability.
- **SG&A Efficiency**: SG&A as a % of gross billings decreased to 3.3% (from 3.6%), reflecting cost control and DSS integration.
- **Currency Hedging**: Implementing strategies to mitigate FX fluctuations, as most vendors are U.S.-dollar based.
- **Market Opportunity**: Positioned as a high-touch, fast-to-market channel partner with $2 billion in gross billings, still small relative to the $1-2 trillion IT market.
- **Economic Resilience**: No signs of slowdown; vendors prioritize channel partnerships for margin efficiency, reducing reliance on internal services teams.

Climb Global Solutions (CLMB)-31 Jul 25-2025 Q2 Earnings call transcript

- **Revenue Surge**: 34% YoY growth in gross billings ($474.6M) driven by U.S. expansion and DSS acquisition.
- **Strategic Wins**: Darktrace partnership with $30M+ pipeline; ERP system fully integrated, boosting efficiency.
- **Profitability**: Adjusted EBITDA up 38% to $7.6M; tax rate drops to 13.3% due to stock award benefits.
- **Cash Position**: $32.5M cash, $0.17 dividend declared; liquidity fuels M&A and organic growth.
- **Market Momentum**: April trends match Q1 strength; Europe recovery underway despite Citrix exit.

**【CEO Key Highlights】**
- **Revenue Growth**: Q1 2025 gross billings increased 34% to $474.6M, driven by organic growth and the DSS acquisition. Distribution segment grew 36%, while Solutions segment rose 2%.
- **Strategic Partnerships**: Signed 4 out of 50 evaluated vendor partners, including Darktrace (AI cybersecurity), with a $30M+ pipeline. ERP system implementation improved operational efficiency, with DSS fully integrated in April.
- **Market Expansion**: Europe showing progress despite Citrix exit; U.S. and Canada remain resilient against tariffs (80%+ U.S.-based sales). April organic growth trends align with Q1 momentum.
- **Leadership & Governance**: Paul Giovacchini appointed to Board, bringing private equity expertise; annual Partner Conference recognized Freshworks as Strategic Partner of the Year.

**【CFO Financial Breakdown】**
- **Topline Performance**: Net sales up 49% to $138M, gross profit +37% to $23.4M (4.9% of gross billings). Adjusted EBITDA rose 38% to $7.6M, with effective margin improving 20bps to 32.7%.
- **Cost Management**: SG&A expenses +35% to $16.8M (3.5% of gross billings), driven by DSS integration. Tax expense decreased 37% to $0.6M (13.3% effective rate) due to stock award benefits.
- **Balance Sheet**: $32.5M cash, $0.6M debt, and $0.17 quarterly dividend declared. Liquidity supports M&A pipeline and organic growth initiatives.

**【Q&A Key Takeaways】**
- **Organic Growth**: Broad-based, with no single large deals; emerging vendors doubling contributions. April trends align with Q1 strength.
- **Tariffs & Sentiment**: Minimal impact (80% U.S.-based sales); cautious quoting in Canada (5-day quotes vs. U.S. 30-day). No significant economic sentiment shifts.
- **Europe Synergies**: Citrix exit partially offset by new vendors; ERP system streamlines operations across divisions. Darktrace pipeline highlights long-term partnership payoff.
- **M&A Outlook**: Active, disciplined approach to accretive opportunities, supported by $50M credit facility and strong cash position.

Climb Global Solutions (CLMB)-1 May 25-2025 Q1 Earnings call transcript

- **Exceptional Growth**: 52% YoY gross billings growth ($605M) fueled by 13 new vendor partnerships and DSS acquisition
- **Profitability Surge**: Adjusted EBITDA up 75% to $16.1M, effective margin 51.5% (vs. 43.7% YoY)
- **Strategic Leadership**: New C-Suite execs (CFO, CMO, Chief Alliance Officer) positioned for 2025 expansion
- **AI Security Bet**: 55-65% of portfolio in high-growth security segment, with AI investments from vendors
- **Strong Liquidity**: $29.8M cash, $0.17 dividend declared, and $50M credit facility for M&A

**【CEO Summary Section】**
- **Record 2024 Performance**: Achieved all-time highs across financial metrics, driven by organic growth and strategic vendor partnerships (e.g., Scality, Smartsheet). 
- **Strategic Acquisitions**: Evaluated 120+ vendors, signed 13 innovative tech partners in 2024, with 2 new Q4 partnerships contributing immediate revenue impact. 
- **ERP Implementation Progress**: Early-stage ERP system adoption already improving transactional efficiency, with full benefits expected in 2025. 
- **Leadership Expansion**: Promoted Matt Sullivan to CFO, Kim Stevens to CMO, and Charles Bass to Chief Alliance Officer, strengthening go-to-market and operational capabilities. 
- **2025 Outlook**: Focus on diversifying vendor mix post-Citrix exit, M&A pipeline for geographic expansion, and maintaining 50%+ organic growth trajectory.

**【CFO Financial Commentary】**
- **Q4 2024 Financial Highlights**: 
  - Gross Billings: $605M (+52% YoY), driven by DSS acquisition and organic growth
  - Net Sales: $161.8M (+51% YoY)
  - Adjusted EBITDA: $16.1M (+75% YoY), effective margin 51.5% (vs. 43.7% YoY)
  - Adjusted EPS: $2.26 (vs. $1.21 YoY)
- **Balance Sheet Strength**: $29.8M cash, no debt, $0.17 quarterly dividend declared
- **Key Drivers**: DSS contributed $2.2M in SG&A, while organic growth and vendor partnerships drove 780bps margin expansion
- **2025 Guidance**: Maintain disciplined M&A approach with $800K revolving credit facility for growth opportunities

**【Q&A Key Takeaways】**
- **Q4 Growth Drivers**: Large VAST deal ($2M+), security segment (55-65% of portfolio), and DSS's education market timing
- **Vendor Productivity**: 13/13 new partners generating revenue, with 2-3M+ incremental from Scality launch
- **DSS Performance**: Underperformed expectations in Q4 (education buying season), but up YoY
- **2025 Focus Areas**: AI-enabled security solutions, Europe expansion, and ERP system optimization

Actual																		0.1575	0.1475	0.27	0.185	0.18	0.13	0.2875	0.15	0.2075	0.3875	0.565	0.215	0.3475	0.3275	0.3825
Forecast																			0.14	0.195	0.14	0.1125	0.165	0.17	0.1875	0.12	0.2125	0.28	0.2225	0.225	0.275	0.315
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+5.36%	+38.46%	+32.14%	+60.00%	-21.21%	+69.12%	-20.00%	+72.92%	+82.35%	+101.79%	-3.37%	+54.44%	+19.09%	+21.43%

Actual	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	67.86M	76.26M	88.91M	85.04M	81.70M	78.46M	106.78M	92.42M	92.08M	119.35M	161.76M	138.04M	159.28M	161.34M	193.84M
Forecast	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	75.14M	84.64M	79.90M	85.88M	85.40M	88.99M	105.40M	97.27M	122.20M	114.37M	96.90M	113.30M	125.30M	167.75M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+1.50%	+5.04%	+6.43%	-4.87%	-8.13%	+19.99%	-12.31%	-5.34%	-2.33%	+41.43%	+42.46%	+40.59%	+28.77%	+15.56%

CLMB

CLMB fundamentals

CLMB Q4 2025 Earnings

Earnings Call

You can ask Aime

CLMB

CLMB fundamentals

CLMB Q4 2025 Earnings

Earnings Call

CLMB Earnings Call Summary for Q4/20258:30 AM on Feb 26, 2026

CLMB Earnings Call Summary for Q3/20258:30 AM on Oct 30, 2025

CLMB Earnings Call Summary for Q2/20258:30 AM on Jul 31, 2025

CLMB Earnings Call Summary for Q1/20258:30 AM on May 1, 2025

CLMB Earnings Call Summary for Q4/20248:30 AM on Mar 6, 2025

You can ask Aime