Climb Global Solutions (CLMB) investor relations material

Executive summary

• Record Q3 gross billings rose 40% to $706.4 million, net sales rose 37% to $220.3 million, and net income increased 69% to $7.9 million.

• Growth was primarily organic across new and existing vendor relationships, with 19 of the top 20 vendors growing sequentially; Interworks also contributed following its acquisition earlier in 2026.

• Nine-month net sales increased 26% to $576.9 million, net income reached $16.8 million, and adjusted EBITDA rose to $33.9 million from $29.9 million.

Financial highlights

• Q3 gross profit rose 28% to $33.0 million; SG&A increased 29% to $20.9 million from $16.2 million, and operating income was $10.0 million versus $6.9 million.

• Q3 net income was $7.9 million, or $0.43 per diluted share, versus $0.25 per share; adjusted net income rose 34% to $8.0 million, or $0.43 per share.

• Adjusted EBITDA increased 35% to $14.7 million from $10.9 million; adjustments included acquisition-related costs and contingent consideration fair-value changes.

• Nine-month gross profit rose 19% to $89.7 million and operating income was $21.2 million versus $19.7 million.

Outlook and guidance

• Management expects another year of record performance; Q4 was tracking ahead of the prior-year quarter, with momentum across top vendor lines continuing.

• FY 2026 effective margin is tracking in the historically typical low-40% range; cost-saving actions helped SG&A as a share of gross profit trend lower.

• Priorities include organic growth, accretive acquisitions, and technology and automation investments to support scale, efficiency, and operating leverage.

• A cloud marketplace is in development, with announcements expected in Q1; it is intended to automate transactions and expand vendor and reseller connectivity.