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NASDAQ NMS - GLOBAL MARKET · Electrical Equipment · CIK 0000945983
$31.95
+1.98% · live
Updated
$584.6M market value
From Climb Global Solutions, Inc.'s FY2025 10-K, filed Feb 27, 2026 · read the filing
Climb Global Solutions distributes goods wholesale to other businesses. It took in $652.5M last year, which makes it a smaller company. Of every dollar it sells, about 3 cents is left as profit.
The financial picture is led by growth, debt and accounting, with profitability worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From Climb Global Solutions, Inc.'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Revenue
$465.6M → $652.5M
Long-term debt
$191.0K → $0.00
Gross profit
$91.1M → $105.3M
Gross margin
19.6% → 16.1%
Measured against FY2024, from the 10-K filed Feb 27, 2026
Improved: +40.1%
$465.6M to $652.5MCritical
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
How the latest move compares (quote live), and what was published around it
CLMB rose 1.98% on the latest quote. The S&P 500 moved −1.04%. That is 3.0 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 9 analysts covering this company, as of . Their views, not this site's.
Of 9 analysts publishing on this company, 4 say strong buy, 4 say buy and 1 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 3 cents of every dollar of sales as profit, earning $21.3M last year.
Yes, quickly. Sales grew 40.1% last year.
No — it holds more cash than debt, with $36.4M left over after paying off every borrowing. For every $1 it owes, it owns $1.34 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 14 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 19% of the cash its operations generated. It has paid in each of the last 12 years.
GoodFigures from the FY2025 annual filing
Last year it earned $21.3M and generated $16.6M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Feb 27, 2026Filing for FY2025 | FY202410-K · Mar 11, 2025Filing for FY2024 | FY202310-K · Mar 11, 2025Filing for FY2023 | FY202210-K · Mar 16, 2023Filing for FY2022 | FY202110-K · Mar 16, 2023Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $652.5M | $465.6M | $352.0M | $304.3M | $282.6M | +40.1% |
| Cost of revenue | $547.2M | $374.5M | $287.8M | $250.3M | $236.9M | +46.1% |
| Gross profit | $105.3M | $91.1M | $64.2M | $54.1M | $45.7M | +15.6% |
| Gross marginGross profit ÷ revenueWhat is this? | 16.1% | 19.6% | 18.3% | 17.8% | 16.2% | −3.4 pts |
| Selling, general and administrative | $67.5M | $56.5M | $44.3M | $34.1M | $32.1M | +19.5% |
| Operating income | $29.2M | $28.0M | $16.5M | $17.3M | $12.1M | +4.3% |
| Operating marginOperating income ÷ revenueWhat is this? | 4.5% | 6.0% | 4.7% | 5.7% | 4.3% | −1.5 pts |
| Income before tax | $27.9M | $25.0M | $16.8M | $16.5M | $12.4M | +11.6% |
| Net income | $21.3M | $18.6M | $12.3M | $12.5M | $9.2M | +14.6% |
| Net marginNet income ÷ revenueWhat is this? | 3.3% | 4.0% | 3.5% | 4.1% | 3.3% | −0.7 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $4.63 | $4.04 | $2.69 | $2.79 | $2.08 | +14.4% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Had shares withheld to cover taxes — 222 shares at $26.78 ($5.9K)
Holds 57,891 shares after this filing.
Had shares withheld to cover taxes — 1,015 shares at $26.78 ($27.2K)
Holds 342,452 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Signed a material agreement · Made a Regulation FD disclosure
Read the filingQuarterly report for Q2 FY2026
Revenue +9.4% · Earnings per share -77.1% · Cash +97.9% — against Q2 FY2025
Read the filingWrite down why you are following Climb Global Solutions, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France
Yahoo ·
Climb Global Solutions Acquires NeoVAD For ~$18M
Benzinga ·
Climb Global Solutions Sets Third Quarter 2026 Conference Call for October 29, 2026 at 8:30 a.m. ET
Yahoo ·
Aura Business and Climb Partner to Tackle the Growing Challenge of Unmanaged Devices
Yahoo ·
Quality Investing Candidate: CLIMB GLOBAL SOLUTIONS INC (NASDAQ:CLMB)
ChartMill ·
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from CLMB's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Feb 27, 2026), reported under the US GAAP taxonomy. View the source filing.
4 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. All four had enough reported figures. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 9.0 | 7/9 | 10-K, filed Feb 27, 2026 |
| FY2024 | 9.0 | 7/9 | 10-K, filed Mar 11, 2025 |
| FY2023 | 9.0 | 5/9 | 10-K, filed Mar 5, 2024 |
| FY2022 | 7.0 | 5/9 | 10-K, filed Mar 16, 2023 |
| FY2021 | 6.0 | 6/8 | 10-K, filed Mar 9, 2022 |
| FY2020 | 7.3 | 4/8 | 10-K, filed Mar 16, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
7 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
1.92
In the grey zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
-2.25
Below the threshold — nothing unusual flagged
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: turned negative
$191.0K to $0.00Critical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: +15.6%
$91.1M to $105.3MSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: −3.4 pts
19.6% to 16.1%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +22.8%
$29.8M to $36.6MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +14.6%
$18.6M to $21.3MNotable
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −1.5 pts
6.0% to 4.5%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +14.4%
$4.04 to $4.63Notable
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Q2 FY2026 against Q2 FY2025, from the 10-Q filed Jul 30, 2026 — read it.
Deteriorated: -77.1%
$1.29 to $0.30Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +97.9%
$28.6M to $56.6MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +304.2%
4.6M to 18.7MCritical
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Improved: +9.4%
$159.3M to $174.2MNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +14.6%
$26.3M to $30.2MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: -7.1%
$8.0M to $7.4MNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: -7.5%
$6.0M to $5.5MNotable
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Jul 30, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +90.3%
$3.9M to $7.4MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +65.6%
$3.3M to $5.5MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +63.9%
$0.18 to $0.30Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +35.4%
$41.8M to $56.6MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +13.8%
$26.5M to $30.2MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +2.8 pts
14.5% to 17.3%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +2.1 pts
2.1% to 4.2%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +1.3 pts
1.8% to 3.2%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: +1.0%
18.5M to 18.7MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
4 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 29.3% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 30.0x — investors pay $30.0 for each $1 of trailing profit.
Nothing unusual. Its accounting patterns look like those of companies that report earnings straightforwardly.
Had shares withheld to cover taxes — 646 shares at $26.78 ($17.3K)
Holds 87,818 shares after this filing.
Had shares withheld to cover taxes — 746 shares at $26.78 ($20.0K)
Holds 126,974 shares after this filing.
Was granted or awarded shares — 5,855 shares
Holds 5,855 shares after this filing.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Published results
Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure
Read the filingHeld a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Revenue +32.1% · Operating margin −1.3 pts · Free cash flow +111.5% — against Q1 FY2025
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingHad a director or senior officer leave or join
Read the filingMade a Regulation FD disclosure
Read the filingAmended its charter or changed its financial year
Read the filingReported another event
Read the filingAnnual report for FY2025
Revenue +40.1% · Operating margin −1.5 pts · Long-term debt turned negative — against FY2024
Read the filingPublished results
Read the filingSigned a material agreement · Made a Regulation FD disclosure
Read the filingQuarterly report for Q3 FY2025
Revenue +35.2% · Operating margin −2.8 pts · Long-term debt turned negative — against Q3 FY2024
Read the filingPublished results
Read the filingQuarterly report for Q2 FY2025
Revenue +73.0% · Gross profit +41.8% · Operating income +87.2% — against Q2 FY2024
Read the filingPrimary sources and further research