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CLMB Climb Global Solutions+26.3%Stock moveEarnings and guidance

Climb Global Solutions Stock Jumps 26% After Record Third-Quarter Results

Net sales rose 37% to $220.3 million and net income climbed 69%, as the company also announced its NeoVAD acquisition in France.

By Zintick Team · Editor: Kratik Mehta
Published

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Photo: Juice Flair/Shutterstock.com

Key points

  • Shares rose 26.3% Thursday, Oct. 29, 2026, after record Q3 results were released the prior afternoon
  • Net sales rose 37% to $220.3 million; net income rose 69% to $7.9 million
  • Adjusted EBITDA rose 35% to $14.7 million; effective margin was 44.6%
  • Cash was $66.9 million at Sept. 30, with no debt outstanding

Climb Global Solutions (Nasdaq: CLMB) shares rose 26.3% on Thursday, Oct. 29, 2026, closing at $41.84 from a previous close of $33.13, while the S&P 500 ETF (SPY) fell 0.38% that session. The move followed the company's 8-K filed the previous afternoon, which furnished a press release reporting record results for the quarter ended Sept. 30, 2026.

Sales and profit both rose sharply

Net sales increased 37% to $220.3 million from $161.3 million a year earlier. Gross billings rose 40% to $706.4 million, and net income climbed 69% to $7.9 million, or $0.43 per diluted share, compared with $0.25 a year earlier. Adjusted EBITDA increased 35% to $14.7 million.

Vendor growth and an acquisition

CEO Dale Foster said 19 of the company's top 20 vendors generated sequential growth during the quarter and cited newer relationships with Fortinet and Darktrace. The press release also said Climb acquired NeoVAD after quarter end, expanding its presence in France.

Balance sheet

Cash and cash equivalents were $66.9 million on Sept. 30, 2026, up from $36.6 million at the end of 2025. The company had no outstanding debt and no borrowings under its $50 million revolving credit facility.

The filing did not include any analyst estimates against which the results could be measured.

Sources

Written with AI from SEC filings and market data, and checked against those sources before publishing. Our editorial standards.

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Filings, figures and price history are on the Climb Global Solutions page.