Q2 2026 Climb Global Solutions Inc Earnings Call Transcript
Key Points
- Climb Global Solutions Inc (CLMB) generated double-digit organic growth with 19 of its TOP20 vendors in Q2 2026.
- The company signed strategic new vendor agreements with Ivanti and CheckMK, and expanded relationships with Logic Monitor and Quantum.
- Darktrace became a TOP20 vendor within 12 months of joining the platform, and Fortinet gross billings increased materially from Q1.
- Climb Global Solutions Inc (CLMB) is making progress on its cloud platform development, hiring an experienced architect and expecting to complete the initial blueprint soon.
- The company has a strong balance sheet with $56.6 million in cash and no debt, providing flexibility for M&A and investments.
- Adjusted EBITDA in Q2 2026 was $11.3 million, slightly down from $11.4 million in the prior year period.
- Effective margin (adjusted EBITDA as a percentage of gross profit) decreased to 37.5% from 43.3% year-over-year.
- SG&A expenses increased 26% year-over-year due to investments in IT infrastructure, legal fees, and variable compensation.
- Net income declined to $5.5 million from $6.0 million in the prior year quarter, impacted by a higher effective tax rate.
- The company faced a tough year-over-year comparison due to large one-time VAST data deals in Q2 2025.
Thank you for your continued patience. Your meetings will begin shortly. If you need assistance at any time, please press *0 and a member of our team will be happy to help you.
Please stand by your meeting is about to begin.
Good morning, everyone, and thank you for participating in today's conference call to discuss Climb Global Solutions' financial results for the second quarter ended June 30, 2026.
Joining us today are Climb's CEO, Mr. Dale Foster the company's CFO, Mr. Matthew Sullivan and the company's investor relations advisor, Mr. Shawn Mansouri with Elevate IR.
By now, everyone should have access to the second quarter 2026 earnings press release, which was issued yesterday afternoon at approximately 4:05 Eastern Time.
The release is available in the Investor Relations section of Climb Global Solutions website at www.climbglobalsolutions.com.
This call will also be available for webcast replay on the company's website.
Following management's remarks, we
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
