Ingram Micro Reports Record Q3 2026 Results, with Solid Double-Digit Growth in Net Sales and Net Income and Strong Cash Flow Generation; Raised Full Year Guidance from September Capital Markets Day
Ingram Micro reported record fiscal Q3 2026 results with net sales of $15.2 billion, up 20.8% year-over-year, exceeding the high end of guidance on all metrics. GAAP diluted EPS was $0.57 (up 35.7%) and non-GAAP diluted EPS was $0.91 (up 26.4%), while the company generated $251 million of operating cash flow — its best third quarter in over five years. Growth was led by Advanced Solutions (+40%), including GPU and AI infrastructure, and Cloud-based Solutions (+31%), though gross margin compressed to 6.55% from 6.90% on lower-margin AI hardware mix.
Key figures
- Eps
- 0.57
- Revenue
- $15.2 billion
- Guidance
- Q4 2026 net sales $17.5B-$17.9B (+17.6% to +20.3% YoY); non-GAAP diluted EPS $1.05-$1.15 vs $0.96 prior year; reaffirmed FY2026-2029 framework (~4-6% net sales CAGR, ~11-13% non-GAAP net income CAGR)
- Revenue Yoy
- 20.8%
- Adjusted fcf
- 249500000
- Gross margin
- 6.55%
- Gross profit
- 996900000
- Adjusted ebitda
- 390100000
- Gaap net income
- 131080000
- Operating income
- 293800000
- Dividend increase
- 2.3% sequential, 10.0% YoY
- Dividend per share
- $0.088
- Nongaap net income
- 210600000
- Nongaap diluted eps
- 0.91
- Cash from operations
- 251000000
- Adjusted operating income
- 322000000
AI analysis
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