Ingram Micro Reports 13.7% Revenue Growth to $13.96 Billion in Latest Quarter

Ingram Micro Holding Corporation reported a significant increase in financial performance for the thirteen weeks ended March 28, 2026, with net sales reaching $13.96 billion, a 13.7% increase from $12.28 billion in the same period last year. The company's gross profit also rose to $926 million, compared to $829 million in the prior year, although the gross margin slightly decreased from 6.75% to 6.63%. Net income for the quarter was $98.87 million, or $0.42 per diluted share, up from $69.19 million, or $0.29 per diluted share, in the previous year.

The increase in revenue was driven by growth across all geographic segments, with North America, EMEA, Asia-Pacific, and Latin America reporting increases of 12.7%, 14.1%, 13.5%, and 18.6%, respectively. Notably, the Advanced Solutions segment saw a 31% increase in net sales, while Cloud-based Solutions grew by 30%. However, the divestiture of the CloudBlue business negatively impacted year-over-year comparisons, contributing to a 9% decline in Cloud-based Solutions sales when adjusted for this divestiture.

Operationally, Ingram Micro has been focusing on enhancing its organizational efficiency, which included restructuring costs of $9.46 million during the quarter. The company reported a total employee headcount reduction as part of these initiatives, which are aimed at improving customer service capabilities and positioning the company for sustainable growth. The restructuring actions have been ongoing since 2024 and are expected to continue into the next quarters.

In terms of cash flow, Ingram Micro experienced a cash outflow of $977.88 million from operating activities, primarily due to slower collections of accounts receivable. The company’s cash and cash equivalents decreased to $915.99 million from $1.86 billion at the end of the previous fiscal year. The company also reported total liabilities of $16.74 billion, down from $16.99 billion, while stockholders' equity decreased to $4.20 billion from $4.25 billion.

Looking ahead, Ingram Micro anticipates continued growth driven by its strategic focus on Advanced Solutions and Cloud-based Solutions, despite potential challenges from market conditions and competition. The company is committed to optimizing its operations and enhancing profitability through ongoing investments in technology and process improvements. However, management has acknowledged the risks associated with economic conditions, including inflation and geopolitical factors, which could impact future performance.