Climb Global Solutions Q2 net sales up 9% to $174.2 million; profit dips
Climb Global Solutions reported second quarter 2026 results, with net sales rising 9% to $174.2 million and gross billings rising 17% to $587.3 million, aided by its February 24, 2026 acquisition of Interworks. Net income fell to $5.5 million, or $0.30 per diluted share, from $6.0 million, or $0.33, as selling, general and administrative expenses rose and the effective tax rate increased. Adjusted EBITDA was $11.3 million, compared with $11.4 million a year earlier.
Key points
- Net sales increased 9% to $174.2 million from $159.3 million in the year-ago quarter.
- Net income was $5.5 million, or $0.30 per diluted share, versus $6.0 million, or $0.33, a year earlier.
- Adjusted EBITDA was $11.3 million versus $11.4 million; effective margin was 37.5% versus 43.3%.
- Management will host a conference call on July 30, 2026, at 8:30 a.m. Eastern time.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.