Climb Global Solutions, Inc.

Climb Global Solutions Reports Record Third Quarter 2026 Results

Climb Global Solutions reported record Q3 2026 results, with net sales up 37% to $220.3 million and gross billings up 40% to $706.4 million. Net income rose 69% to $7.9 million ($0.43 diluted EPS vs $0.25), and adjusted EBITDA grew 35% to $14.7 million with effective margin expanding 230 bps to 44.6%. Growth was driven by strong organic momentum across the vendor line card plus contributions from the interworks.cloud acquisition; after quarter-end Climb acquired NeoVAD to bolster its French/European presence. The balance sheet is clean with $66.9 million in cash and no debt outstanding; management expects to close 2026 with another year of record performance.

•11d ago

Climb Global Solutions Acquires NeoVAD, Building Greater Scale in France

Climb Global Solutions completed the acquisition of NeoVAD, a France-based value-added IT distributor specializing in cybersecurity, cloud and virtualization, for approximately €16.0 million ($18.0 million). NeoVAD generated FY2025 EBITDA of roughly €2.2 million ($2.5 million), up 487% from about €378,000 the prior year, and brings approximately 300 active resellers plus vendor relationships including Cato Networks, DataCore and Netwrix. Management expects the deal to be accretive to earnings and adjusted EBITDA, citing NeoVAD's stronger margin profile and opportunities to expand Climb's Microsoft distribution business across EMEA. The transaction details were filed via Form 8-K on October 22, 2026.

•18d ago

Aura Business and Climb Partner to Tackle the Growing Challenge of Unmanaged Devices

Climb, a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB), announced a partnership to distribute Aura Business's identity-centric BYOD security solution to its network of resellers and managed service providers. Climb customers can immediately access Aura Business through the Climb marketplace, giving CLMB another security vendor in its specialty distribution portfolio. No financial terms were disclosed; cited Omdia data shows 65% of MSPs see BYOD management demand but only 24% monitor employee-owned devices, underscoring the addressable market.

•25d ago

Climb adds Netwrix to its Security Portfolio, Bringing Data and Identity Security to VARs and MSPs

Climb, the specialty technology distribution subsidiary of Climb Global Solutions (NASDAQ: CLMB), signed a distribution agreement with data and identity security vendor Netwrix. The deal lets Climb's North American VARs and MSPs resell Netwrix solutions including the 1Secure platform, backed by Climb's quoting, financing and channel support. No financial terms were disclosed; the agreement modestly expands Climb's security line card amid rising demand for data and identity protection in hybrid and AI-driven environments.

•26d ago

Climb Signs Distribution Agreement with Harmonic Security to Help Secure Mid-Market & Enterprise AI Adoption

Climb, a subsidiary of Climb Global Solutions, signed a distribution agreement with Harmonic Security to offer its AI governance platform to US resellers and MSPs. The partnership aims to address security gaps in agentic AI workflows, specifically targeting risks involving unauthorized agent actions and intellectual property leakage. Management noted that the addition provides channel partners with a purpose-built solution to meet growing customer demand for AI security tools.

•3mo ago

Climb Global Solutions Appoints Peter Bell to its Board of Directors

Climb Global Solutions appointed Peter Bell to its Board of Directors, increasing total board membership to five, four of whom are independent. Mr. Bell, who will serve as Chair of the Nominating and Corporate Governance Committee, brings over 35 years of experience including leading StorageNetworks through an IPO and serving as Managing General Partner at Highland Capital Partners. Chairman John McCarthy noted that Bell's experience in scaling technology businesses and navigating M&A is directly relevant to Climb's continued growth.

•4mo ago

Climb Announces North American Distribution Partnership with Ivanti

Climb announced a new North American distribution partnership with Ivanti to deliver its Autonomous Endpoint Management solutions and Ivanti Neurons platform to channel partners. The addition of Ivanti’s AI-driven security and IT management tools expands Climb’s cybersecurity portfolio, enabling resellers to offer unified endpoint operations and proactive threat mitigation. CEO Dale Foster noted that the partnership addresses growing channel demand for solutions that enhance operational efficiency and proactively mitigate security risks.

•4mo ago

Climb Announces North American Distribution Partnership with Quantum

Climb announced a new North American distribution partnership with Quantum Corporation to sell Quantum’s data protection and management solutions. The deal allows Climb to offer Quantum’s full product portfolio, including high-performance storage, AI-enabled workflow management, and data preservation tools, to its channel partners. Climb CEO Dale Foster stated the partnership is a strong fit for their portfolio, addressing real-world data challenges for resellers and end customers.

•5mo ago

Climb Announces North American Distribution Partnership with Dashlane

Climb announced an exclusive North American distribution partnership with Dashlane, making Climb the sole distributor of Dashlane’s credential security platform, Omnix, for resellers in the U.S. and Canada. The partnership leverages Climb’s partner network to scale Dashlane’s channel business, aiming to address credential-based threats in enterprise environments. Climb’s CEO highlighted the move as part of a continued focus on growth-driven partnerships for the channel.

•6mo ago

Climb Global Solutions Reports First Quarter 2026 Results

Climb Global Solutions reported a 32% year-over-year increase in Q1 net sales to $182.4 million, fueled by double-digit organic growth and the recent acquisition of Interworks. Despite the revenue surge, net income dipped to $3.3 million due to a higher effective tax rate and targeted infrastructure investments. To support continued inorganic and organic growth, the Board suspended the quarterly cash dividend, opting to reinvest capital into higher-return opportunities.

•6mo ago