Climb Global Solutions (CLMB)
NASDAQ:CLMB
Want to see CLMB full AI Analyst Report?
Top Page
Climb Global Solutions
(NASDAQ:CLMB)
Select Model
Select Model
Rating:72Outperform
Price Target:
$18.50
▼(-19.00% Downside)
Action:ReiteratedDate:05/01/26
Score is driven primarily by strong financial quality and balance-sheet strength, with a constructive earnings outlook despite near-term margin pressure. The main drag is poor technical positioning (price well below key moving averages with bearish momentum), while valuation is moderate with a supportive dividend yield.
Positive Factors
Very low leverage / strong balance sheet
Extremely low leverage and consistently strong ROE provide durable financial flexibility for Climb to fund acquisitions, invest in automation/AI, and absorb cyclical downturns in the distribution cycle without needing external debt, preserving strategic optionality over the next 2–6 months.
Negative Factors
Margin compression
A meaningful decline in gross and net margins versus prior-year levels signals pressure from product mix, pricing or higher operating costs. If sustained, this could erode distributorship economics and limit the company’s ability to reinvest while maintaining target operating returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / strong balance sheet
Extremely low leverage and consistently strong ROE provide durable financial flexibility for Climb to fund acquisitions, invest in automation/AI, and absorb cyclical downturns in the distribution cycle without needing external debt, preserving strategic optionality over the next 2–6 months.
Read all positive factors
Climb Global Solutions (CLMB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$348.59M
Dividend Yield0.63%
Average Volume (3M)226.25K
Price to Earnings (P/E)27.1
Beta (1Y)1.10
Revenue Growth36.31%
EPS Growth7.03%
CountryUS
Employees367
SectorTechnology
Sector Strength88
IndustryTechnology Distributors
Share Statistics
EPS (TTM)1.15
Shares Outstanding18,453,785
10 Day Avg. Volume125,604
30 Day Avg. Volume226,255
Financial Highlights & Ratios
PEG Ratio1.53
Price to Book (P/B)3.99
Price to Sales (P/S)0.71
P/FCF Ratio31.83
Enterprise Value/Market Cap0.88
Enterprise Value/Revenue0.44
Enterprise Value/Gross Profit2.82
Enterprise Value/Ebitda8.52
Forecast
1Y Price Target
$31.00Price Target Upside35.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.48
Revenue Forecast (FY)$695.30M
Climb Global Solutions Business Overview & Revenue Model
Company Description
Climb Global Solutions Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solut...
How the Company Makes Money
Climb Global Solutions primarily makes money by acting as a value-added distributor in the IT channel. Its core revenue stream is the sale of third-party software and cloud offerings to reseller partners: Climb typically purchases or aggregates ve...
Climb Global Solutions Earnings Call Summary
Earnings Call Date:Apr 29, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The call highlighted robust top-line performance (gross billings +14%, net sales +32%) and strategic progress (acquisition of Interwork, selective high-impact vendor additions, investments in automation/AI, and a clean balance sheet with no debt). Near-term profitability metrics were modestly pressured by one-time and strategic investments (including ~ $0.5M Fortinet-related costs), a higher effective tax rate, and a decline in effective margin (29.9% vs 32.7%). Management framed these costs as intentional, short-term investments expected to drive scalable growth and margin improvement later in 2026 (returns expected by Q3). Given the strength of growth metrics, clear M&A and product strategy, and liquidity, balanced against manageable short-term margin pressure, the overall tone is constructive and confidence-oriented.Positive Updates
Gross Billings Growth
Gross billings increased 14% year-over-year to $542.8 million (from $474.6 million). Distribution segment billings rose 15% to $520.9 million and Solutions segment billings rose 4% to $21.9 million.
Negative Updates
Decline in Effective Margin
Effective margin (adjusted EBITDA as a percentage of gross profit) declined to 29.9% from 32.7% in the prior-year quarter (a ~2.8 percentage-point decrease), driven by investments and one-time costs.
Read all updates
Q1-2026 Updates
Positive
Negative
Gross Billings Growth
Gross billings increased 14% year-over-year to $542.8 million (from $474.6 million). Distribution segment billings rose 15% to $520.9 million and Solutions segment billings rose 4% to $21.9 million.
Read all positive updates
Company Guidance
Management provided directional guidance rather than formal numeric targets, saying Q1 momentum (gross billings $542.8M, +14%; distribution $520.9M, solutions $21.9M; net sales $182.4M, +32%; gross profit $26.5M, +13%; adjusted EBITDA $7.9M, +4%; net income $3.3M/$0.18 diluted; adjusted net income $3.6M/$0.19) should improve as one-time investments abate—notably a ~$0.5M Fortinet investment that will ramp in Q2 and is expected to turn positive by Q3 2026. They noted Q1 effective margin was 29.9% (adjusted EBITDA/gross profit) vs. 32.7% year‑ago but said ex‑one‑offs margin was higher and Q1 is typically the year’s low; Q1 SG&A was $20.3M (3.7% of gross billings) with a management goal to split a ~5% gross‑profit pool into ~2.5% SG&A and ~2.5% operating income. Other forward priorities: double the business in three years without doubling headcount, pursue accretive M&A (Interwork added Feb 24 with 600+ resellers), deploy 41+ IT/AI projects to drive efficiency, and operate with strong liquidity ($41.8M cash, no borrowings on a $50M revolver).Climb Global Solutions Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
90
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 696.85M | 652.52M | 465.61M | 352.01M | 304.35M | 282.58M |
| Gross Profit | 108.37M | 105.27M | 91.08M | 64.25M | 52.04M | 45.72M |
| EBITDA | 35.93M | 35.65M | 35.01M | 20.28M | 19.01M | 14.05M |
| Net Income | 20.98M | 21.33M | 18.61M | 12.32M | 12.18M | 9.20M |
Balance Sheet | ||||||
| Total Assets | 458.84M | 460.23M | 469.18M | 335.10M | 231.86M | 190.75M |
| Cash, Cash Equivalents and Short-Term Investments | 41.77M | 36.56M | 29.78M | 36.30M | 20.25M | 29.27M |
| Total Debt | 1.78M | 3.41M | 3.09M | 2.62M | 3.63M | 2.29M |
| Total Liabilities | 340.41M | 343.65M | 378.59M | 260.33M | 171.28M | 138.34M |
| Stockholders Equity | 118.43M | 116.58M | 90.59M | 74.77M | 60.57M | 52.42M |
Cash Flow | ||||||
| Free Cash Flow | 23.23M | 14.61M | 28.27M | 37.13M | 2.06M | 4.45M |
| Operating Cash Flow | 24.97M | 16.60M | 33.74M | 42.12M | 4.56M | 4.71M |
| Investing Cash Flow | -9.97M | -2.00M | -26.43M | -17.67M | -11.01M | -258.00K |
| Financing Cash Flow | -6.43M | -9.06M | -12.96M | -8.95M | -1.83M | -4.40M |
Climb Global Solutions Technical Analysis
Negative
22.84
Price Trends
23.22
Negative
25.58
Negative
27.83
Negative
Market Momentum
0.12
Negative
60.18
Neutral
80.77
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CLMB, the sentiment is Negative. The current price of 22.84 is above the 20-day moving average (MA) of 21.00, below the 50-day MA of 23.22, and below the 200-day MA of 27.83, indicating a neutral trend. The MACD of 0.12 indicates Negative momentum. The RSI at 60.18 is Neutral, neither overbought nor oversold. The STOCH value of 80.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CLMB.
Climb Global Solutions Risk Analysis
Climb Global Solutions disclosed 32 risk factors in its most recent earnings report. Climb Global Solutions reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Climb Global Solutions Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $1.62B | 21.38 | 9.67% | 1.02% | 0.78% | 3.87% | |
72 Outperform | $348.59M | 27.07 | 19.67% | 0.63% | 36.31% | 7.03% | |
67 Neutral | $883.92M | 12.95 | 8.14% | ― | 0.07% | 27.46% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $9.43B | 9.99 | 9.05% | ― | 10.49% | 50.30% | |
59 Neutral | $6.59B | 12.98 | 3.02% | 2.77% | 12.68% | -27.94% | |
59 Neutral | $2.19B | 16.31 | 9.79% | ― | -5.22% | -35.00% |
* Technology Sector Average
CLMB
Climb Global Solutions
18.76
-6.61
-26.04%
ARW
Arrow Electronics
185.52
68.95
59.15%
AVT
Avnet
80.42
31.64
64.86%
NSIT
Insight Enterprises
70.48
-63.20
-47.28%
CNXN
PC Connection
64.65
-3.06
-4.52%
SCSC
ScanSource
41.27
6.94
20.22%
Climb Global Solutions Corporate Events
Executive/Board ChangesShareholder Meetings
Climb Global Solutions Announces Board Change as Director Retires
Neutral
Apr 23, 2026
On April 20, 2026, Climb Global Solutions, Inc. announced that director Gerri Gold notified the board she will retire and will not stand for re‑election at the company’s 2026 annual meeting of stockholders, though she will continue to ...
Stock Split
Climb Global Solutions Announces Four-for-One Stock Split
Positive
Mar 2, 2026
On March 2, 2026, Climb Global Solutions, Inc. announced that its board approved a four-for-one forward stock split of its common stock, to be implemented via an amendment to its Restated Certificate of Incorporation in Delaware. The amendment wil...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Climb Global Solutions Completes Interworks Cloud Acquisition in Europe
Positive
Feb 24, 2026
On February 24, 2026, Climb Global Solutions completed the acquisition of Interworks Single Member SA (interworks.cloud), a Greece-based value-added cloud distributor, for approximately €8.0 million. Interworks adds a strong regional footpri...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.