Ingram Micro Reports 7.2% Net Sales Increase to $12.6 Billion for Quarter Ended September 27, 2025

Ingram Micro Holding Corporation reported a net sales increase of 7.2% for the thirteen weeks ended September 27, 2025, reaching $12.6 billion compared to $11.8 billion for the same period in 2024. The growth was driven by a 14% increase in client and endpoint solutions, although this was partially offset by declines in advanced solutions and cloud-based offerings. Gross profit for the quarter was $869.6 million, up from $845.5 million, but the gross margin decreased to 6.9% from 7.2% due to a shift in sales mix towards lower-margin products. Net income for the quarter was $99.5 million, or $0.42 per diluted share, compared to $77.0 million, or $0.35 per diluted share, in the prior year.

For the thirty-nine weeks ended September 27, 2025, Ingram Micro's net sales increased by 8.8% to $37.7 billion, up from $34.6 billion in the previous year. The company reported a gross profit of $2.5 billion, with a gross margin of 6.7%, down from 7.2% in the prior year. Income from operations for the period was $567.2 million, a slight decrease from $569.4 million, reflecting a decrease in operating margin from 1.64% to 1.51%. The effective tax rate for the thirty-nine weeks was 33.6%, compared to 35.1% in the previous year.

Ingram Micro has undertaken strategic restructuring initiatives, resulting in $3.5 million in restructuring costs for the quarter and $5.5 million for the year-to-date period. The company has also sold its CloudBlue operations, which negatively impacted net sales of cloud-based solutions by nearly 5%. The company continues to focus on enhancing operational efficiency and customer service capabilities, with ongoing investments in its Ingram Micro Xvantage platform.

Operationally, Ingram Micro's total assets increased to $19.2 billion as of September 27, 2025, from $18.8 billion at the end of the previous fiscal year. The company reported a significant increase in inventory levels, which rose to $5.4 billion, reflecting efforts to meet demand. The company’s employee headcount has also increased, aligning with its growth strategy and operational needs.

Looking ahead, Ingram Micro anticipates continued growth driven by demand for client and endpoint solutions, although it remains cautious about potential challenges in advanced solutions and cloud-based offerings. The company is committed to optimizing its operations and managing its working capital effectively to support its growth objectives.