CLMB Climb Global Solutions, Inc.

Overview and Growth

Climb Global Solutions, Inc. generated $652.52M of revenue in fiscal 2025, with net income of $21.33M and an operating cash inflow of $16.60M. Revenue of $652.52M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 40.1% above fiscal 2024 revenue of $465.61M, marking a year-over-year increase. Diluted earnings per share were $1.16, translating the period’s attributable earnings into the amount reported for each diluted share. Against diluted EPS of $1.01 in fiscal 2024, the current result was 14.3% higher. The revenue-to-assets relationship was 1.42x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $105.27M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 16.1%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was $29.18M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 4.5% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $21.33M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 3.3% margin after operating costs and the remaining recognized items. Pretax income was $27.92M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 4.3%, adding a pre-tax profitability layer between revenue and net income. The company recognized $6.59M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 23.6%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 18.3%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 4.6%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

At period end, the $460.23M asset base was financed through $343.65M of liabilities and $116.58M of equity. At period end, current assets of $374.24M compared with current liabilities of $337.49M, defining the company’s short-term resource position. Current assets covered current liabilities by 1.11x, leaving a positive buffer for near-term obligations. The company held $36.56M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 10.8%, excluding receivables and other current assets. The company carried $191.00K of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 0.0x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 0.0%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 74.7%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 7.9%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 1.9% lower than fiscal 2024 assets of $469.18M, measuring the company’s own balance-sheet change. Book equity was 28.7% higher than fiscal 2024 equity of $90.59M, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $16.60M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 0.78x, comparing cash generated by operations with the bottom-line earnings result.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Nov 4, 2026.