CLMB · Climb Global Solutions, Inc.

Climb Global Solutions, Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, and the United Kingdom. The company operates through two segments, Distribution and Solutions. It distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter. The company also resells computer software and hardware developed by others, as well as provides technical services to end user customers. In addition, it offers a line of products from various software vendors; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. The company markets its products through its own web sites, local seminars, events, webinars, and social media, as well as direct email and printed materials. The company was formerly known as Wayside Technology Group, Inc. and changed its name to Climb Global Solutions, Inc. in October 2022. Climb Global Solutions, Inc. was incorporated in 1982 and is headquartered in Eatontown, New Jersey.

Cap structure and valuation

Cap structure
SP	$20.08
SO	18.6M
Options	0.0M
Warrants	0.0M
FD SO	18.6M
MC	$373.4M

Cash	$41.8M
Total debt	$1.2M
EV	$332.9M

TTM Multiples
EV / Revenue	0.5x
EV / EBITDA	9.2x
MC / Net Income	17.8x
EV / FCF	20.4x
MC / FCF	22.8x

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-04-30. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative.

Financial statements

	3/31/26	12/31/25	9/30/25	6/30/25
Total Revenue	182.38	193.85	161.34	159.28
Revenue YoY %	32.1%	19.8%	35.2%	73.0%
Cost of Revenue	155.88	164.01	135.61	132.98
Gross Profit	26.50	29.83	25.73	26.31
Gross Profit YoY %	13.3%	(4.5%)	6.1%	41.8%
Gross Margin %	14.5%	15.4%	15.9%	16.5%

SG&A	20.33	18.21	16.23	16.36
Operating Expense	22.62	20.32	18.80	18.35

Operating Income	3.88	9.52	6.94	7.96
Operating Income YoY %	(18.7%)	(18.8%)	(18.5%)	87.2%
Operating Margin %	2.1%	4.9%	4.3%	5.0%
EBITDA	5.87	11.55	8.91	9.94
EBITDA Margin %	3.2%	6.0%	5.5%	6.2%

Pretax Income	4.17	9.63	6.30	7.74
Tax Provision	0.84	2.64	1.61	1.77
Net Income	3.33	6.98	4.70	5.97
Net Margin %	1.8%	3.6%	2.9%	3.7%

Diluted EPS	$0.18	$1.51	$1.02	$1.30
Basic EPS	$0.18	$1.51	$1.02	$1.30
Diluted Avg Shares	18.2	0.0	4.5	4.5
Basic Avg Shares	18.2	0.0	4.5	4.5

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Total Revenue	696.85	652.52	465.61	352.01	304.35
Revenue YoY %	6.8%	40.1%	32.3%	15.7%	—
Cost of Revenue	588.48	547.25	374.53	287.77	250.25
Gross Profit	108.37	105.27	91.08	64.25	54.09
Gross Profit YoY %	2.9%	15.6%	41.8%	18.8%	—
Gross Margin %	15.6%	16.1%	19.6%	18.3%	17.8%

SG&A	71.13	67.55	56.51	44.33	34.14
Operating Expense	80.08	76.08	63.09	47.76	36.78

Operating Income	28.29	29.18	27.99	16.49	17.31
Operating Income YoY %	(3.1%)	4.3%	69.8%	(4.8%)	—
Operating Margin %	4.1%	4.5%	6.0%	4.7%	5.7%
EBITDA	36.27	36.91	32.26	19.29	19.38
EBITDA Margin %	5.2%	5.7%	6.9%	5.5%	6.4%

Pretax Income	27.84	27.92	25.02	16.78	16.53
Tax Provision	6.86	6.59	6.41	4.46	4.04
Net Income	20.98	21.33	18.61	12.32	12.50
Net Margin %	3.0%	3.3%	4.0%	3.5%	4.1%

Diluted EPS	$4.01	$4.64	$4.06	$2.72	$2.81
Basic EPS	$4.01	$4.64	$4.06	$2.72	$2.81
Diluted Avg Shares	18.2	4.5	4.5	4.4	4.3
Basic Avg Shares	18.2	4.5	4.5	4.4	4.3

	3/31/26	12/31/25	9/30/25	6/30/25
Cash & Equivalents	41.77	36.56	49.84	28.59
Receivables	306.40	324.35	224.47	289.08
Inventory	4.86	2.50	3.19	3.35
Total Current Assets	363.53	374.24	287.52	330.18

Net PPE	13.69	13.34	13.48	13.63
Goodwill	42.02	36.84	36.78	37.27
Total Assets	458.84	460.23	376.09	420.69

Accounts Payable	298.36	309.67	233.71	280.56
Total Current Liabilities	330.15	337.49	260.12	308.92
Long-term Debt	—	0.00	0.00	0.00
Total Liabilities	340.41	343.65	266.83	315.51

Retained Earnings	90.37	87.04	80.83	76.90
Total Equity	118.43	116.58	109.26	105.18

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Cash & Equivalents	41.77	36.56	29.78	36.30	20.25
Receivables	306.40	324.35	341.60	222.27	154.60
Inventory	4.86	2.50	2.45	3.74	4.77
Total Current Assets	363.53	374.24	380.70	269.06	184.64

Net PPE	13.69	13.34	12.85	8.85	3.52
Goodwill	42.02	36.84	34.92	27.18	18.96
Total Assets	458.84	460.23	469.18	335.10	231.86

Accounts Payable	298.36	309.67	331.65	218.72	151.18
Total Current Liabilities	330.15	337.49	371.61	250.64	161.69
Long-term Debt	—	0.00	0.19	0.75	1.80
Total Liabilities	340.41	343.65	378.59	260.33	171.28

Retained Earnings	90.37	87.04	68.79	53.22	43.90
Total Equity	118.43	116.58	90.59	74.77	60.57

	3/31/26	12/31/25	9/30/25	6/30/25
Net Income	3.33	6.98	4.70	5.97
D&A	1.98	2.03	1.98	1.98
Stock-Based Comp	1.36	1.20	1.08	1.17
Operating Cash Flow	16.83	(11.89)	22.23	(2.19)

CapEx	(0.48)	—	—	—
Investing Cash Flow	(8.71)	(0.32)	(0.27)	(0.67)

Stock Buyback	(1.49)	(0.32)	(0.31)	(0.54)
Dividends Paid	0.00	(0.77)	(0.77)	(0.77)
Financing Cash Flow	(2.72)	(1.05)	(1.22)	(1.45)

Free Cash Flow	16.35	—	—	—

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Net Income	20.98	21.33	18.61	12.32	12.50
D&A	7.97	7.73	4.27	2.80	2.07
Stock-Based Comp	4.81	4.78	4.07	4.15	1.90
Operating Cash Flow	24.97	16.60	33.74	42.12	4.56

Investing Cash Flow	(9.97)	(2.00)	(26.43)	(17.67)	(11.01)

Stock Buyback	(2.66)	(2.05)	(1.58)	(1.71)	(0.66)
Dividends Paid	(2.31)	(3.08)	(3.04)	(3.01)	(2.99)
Financing Cash Flow	(6.43)	(9.06)	(12.96)	(8.95)	(1.83)

Effect of FX on Cash	—	—	—	0.54	(0.74)

	3/31/26	12/31/25	9/30/25	6/30/25
Current Ratio	1.10	1.11	1.11	1.07
Quick Ratio	1.09	1.10	1.09	1.06
Debt / Equity	2.87	2.95	2.44	3.00
EBITDA Margin %	3.2%	6.0%	5.5%	6.2%
Working Capital	33.38	36.75	27.39	21.27
Net Debt	—	(36.56)	(49.84)	(28.59)
ROE %	2.8%	6.0%	4.3%	5.7%
ROA %	0.7%	1.5%	1.2%	1.4%

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Current Ratio	1.10	1.11	1.02	1.07	1.14
Quick Ratio	1.09	1.10	1.02	1.06	1.11
Debt / Equity	2.87	2.95	4.18	3.48	2.83
EBITDA Margin %	5.2%	5.7%	6.9%	5.5%	6.4%
Working Capital	33.38	36.75	9.09	18.42	22.95
Net Debt	—	(36.56)	(29.59)	(35.54)	(18.45)
ROE %	17.7%	18.3%	20.5%	16.5%	20.6%
ROA %	4.6%	4.6%	4.0%	3.7%	5.4%

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-05-06	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-05-05	F	(883)	$18.76	-$16,565
2026-05-06	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-05-05	F	(645)	$18.76	-$12,100
2026-05-06	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2026-05-05	F	(558)	$18.76	-$10,468
2026-05-06	Popovich Timothy	Officer (Chief Operating Officer)	2026-05-05	F	(725)	$18.76	-$13,601
2026-05-05	MCCARTHY JOHN R	Director	2026-05-04	P	4,000	$18.83	$75,320
2026-04-10	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-04-09	A	14,877	—	$0
2026-04-10	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-04-09	A	49,590	—	$0
2026-04-10	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2026-04-09	A	13,290	—	$0
2026-04-10	Popovich Timothy	Officer (Chief Operating Officer)	2026-04-09	A	11,902	—	$0
2026-03-16	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-03-16	F	(207)	$80.54	-$16,672
2026-03-16	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-03-16	F	(635)	$80.54	-$51,143
2026-03-16	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-03-16	S	(8,500)	$80.50	-$684,250
2026-03-16	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-03-13	G	(960)	—	$-0
2026-03-13	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-03-11	G	(1,350)	—	$-0
2026-03-09	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-03-05	A	15,662	—	$0
2026-03-09	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-03-05	F	(5,910)	$89.34	-$527,999
2026-03-09	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-03-05	A	6,525	—	$0
2026-03-09	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-03-05	F	(2,500)	$89.34	-$223,350
2026-02-18	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-02-17	F	(555)	$121.05	-$67,183
2026-02-18	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-02-17	F	(1,652)	$121.05	-$199,975
2026-02-18	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2026-02-17	F	(149)	$121.05	-$18,036
2026-02-18	Popovich Timothy	Officer (Chief Operating Officer)	2026-02-17	F	(562)	$121.05	-$68,030
2026-02-06	Bass Charles Edward	Officer (Chief Alliance Officer)	2026-02-05	F	(227)	$119.87	-$27,210
2026-02-06	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2026-02-05	F	(328)	$119.87	-$39,317
2026-02-06	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2026-02-05	F	(276)	$119.87	-$33,084
2026-02-06	Popovich Timothy	Officer (Chief Operating Officer)	2026-02-05	F	(297)	$119.87	-$35,601
2025-11-07	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2025-11-05	F	(529)	$113.25	-$59,909
2025-11-07	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-11-05	F	(365)	$113.25	-$41,336
2025-11-07	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2025-11-05	F	(230)	$113.25	-$26,048
2025-11-07	Popovich Timothy	Officer (Chief Operating Officer)	2025-11-05	F	(262)	$113.25	-$29,672
2025-08-07	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-08-05	F	(362)	$107.32	-$38,850
2025-08-07	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2025-08-05	F	(519)	$107.32	-$55,699
2025-08-07	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2025-08-05	F	(227)	$107.32	-$24,362
2025-08-07	Popovich Timothy	Officer (Chief Operating Officer)	2025-08-05	F	(260)	$107.32	-$27,903
2025-06-16	MCCARTHY JOHN R	Director	2025-06-13	A	942	—	$0
2025-06-16	BRYANT ANDREW S	Director	2025-06-13	A	942	—	$0
2025-06-16	Gold Gerri	Director	2025-06-13	A	942	—	$0
2025-06-16	GIOVACCHINI PAUL G	Director	2025-06-13	A	942	—	$0
2025-06-13	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-06-13	A	2,755	—	$0
2025-06-13	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-06-13	F	(1,682)	$106.07	-$178,410
2025-06-11	MCCARTHY JOHN R	Director	2025-06-11	A	1,000	$107.90	$107,900
2025-05-20	Popovich Timothy	Officer (Chief Operating Officer)	2025-05-16	S	(9,000)	$110.00	-$990,000
2025-05-08	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2025-05-07	S	(10,000)	$102.41	-$1,024,143
2025-05-08	Foster Dale Richard	Director, Officer (Chief Executive Officer)	2025-05-07	G	(350)	—	$-0
2025-05-06	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-05-05	F	(197)	$101.27	-$19,950
2025-05-06	Foster Dale Richard	Officer (Chief Executive Officer)	2025-05-05	F	(508)	$101.27	-$51,445
2025-05-06	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-05-05	F	(357)	$101.27	-$36,153
2025-05-06	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2025-05-05	F	(265)	$101.27	-$26,837
2025-05-06	Popovich Timothy	Officer (Chief Operating Officer)	2025-05-05	F	(302)	$101.27	-$30,584
2025-05-06	Scorziello Greg	Director	2025-05-05	S	(5,767)	$100.63	-$580,358
2025-04-18	Foster Dale Richard	Officer (Chief Executive Officer)	2025-04-16	A	5,569	—	$0
2025-04-18	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-04-16	A	891	—	$0
2025-04-18	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-04-16	A	1,930	—	$0
2025-04-18	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2025-04-16	A	1,225	—	$0
2025-04-18	Popovich Timothy	Officer (Chief Operating Officer)	2025-04-16	A	1,336	—	$0
2025-03-19	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-18	S	(2,000)	$110.46	-$220,926
2025-03-19	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-03-17	F	(139)	$111.66	-$15,521
2025-03-19	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-17	F	(716)	$111.66	-$79,949
2025-03-19	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-17	G	(700)	—	$-0
2025-03-19	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-03-17	F	(342)	$111.66	-$38,188
2025-03-17	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-13	G	(200)	—	$-0
2025-03-17	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-13	G	(200)	—	$-0
2025-03-13	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-12	S	(3,471)	$122.50	-$425,198
2025-03-13	Foster Dale Richard	Officer (Chief Executive Officer)	2025-03-11	S	(7,500)	$123.92	-$929,400
2025-03-12	BRYANT ANDREW S	Director	2025-03-12	S	(2,604)	$122.00	-$317,688
2025-03-12	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-03-11	S	(7,000)	$122.00	-$854,000
2025-03-12	BRYANT ANDREW S	Director	2025-03-11	S	(2,383)	$121.02	-$288,381
2025-03-12	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-03-10	S	(2,900)	$124.12	-$359,962
2025-03-12	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-03-10	S	(2,600)	$124.93	-$324,819
2025-03-12	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-03-10	S	(617)	$123.00	-$75,891
2025-03-12	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-03-10	S	(2,000)	$125.80	-$251,607
2025-03-12	BRYANT ANDREW S	Director	2025-03-10	S	(2,542)	$125.50	-$319,031
2025-03-12	BRYANT ANDREW S	Director	2025-03-10	S	(1)	$127.00	-$127
2025-02-18	Foster Dale Richard	Officer (Chief Executive Officer)	2025-02-18	F	(938)	$129.38	-$121,358
2025-02-18	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-02-18	F	(390)	$129.38	-$50,458
2025-02-18	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-02-18	F	(137)	$129.38	-$17,725
2025-02-18	Popovich Timothy	Officer (Chief Operating Officer)	2025-02-18	F	(335)	$129.38	-$43,342
2025-02-06	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2025-02-05	F	(206)	$125.67	-$25,888
2025-02-06	Foster Dale Richard	Officer (Chief Executive Officer)	2025-02-05	F	(549)	$125.67	-$68,993
2025-02-06	Bass Charles Edward	Officer (Chief Alliance Officer)	2025-02-05	F	(372)	$125.67	-$46,749
2025-02-06	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2025-02-05	F	(440)	$125.67	-$55,295
2025-02-06	Popovich Timothy	Officer (Chief Operating Officer)	2025-02-05	F	(342)	$125.67	-$42,979
2025-01-31	SULLIVAN MATTHEW M	Officer (Chief Financial Officer)	2025-01-29	A	1,906	—	$0
2025-01-14	CLARK ANDREW E	Officer (CHIEF FINANCIAL OFFICER)	2025-01-10	A	7,356	—	$0
2024-11-07	Foster Dale Richard	Officer (Chief Executive Officer)	2024-11-05	F	(920)	$107.98	-$99,342
2024-11-07	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2024-11-05	F	(422)	$107.98	-$45,568
2024-11-07	Bass Charles Edward	Officer (Chief Marketing Officer)	2024-11-05	F	(742)	$107.98	-$80,121
2024-11-07	CLARK ANDREW E	Officer (Chief Financial Officer)	2024-11-05	F	(876)	$107.98	-$94,590
2024-11-07	SULLIVAN MATTHEW M	Officer (Chief Accounting Officer)	2024-11-05	F	(353)	$107.98	-$38,117
2024-11-07	Popovich Timothy	Officer (Chief Operating Officer)	2024-11-05	F	(336)	$107.98	-$36,281
2024-08-06	Bass Charles Edward	Officer (Chief Marketing Officer)	2024-08-05	F	(699)	$66.48	-$46,470
2024-08-06	Foster Dale Richard	Officer (Chief Executive Officer)	2024-08-05	F	(796)	$66.48	-$52,918
2024-08-06	LEGROTTAGLIE VITO	Officer (Chief Information Officer)	2024-08-05	F	(368)	$66.48	-$24,465
2024-08-06	CLARK ANDREW E	Officer (Chief Financial Officer)	2024-08-05	F	(831)	$66.48	-$55,245
2024-08-06	Popovich Timothy	Officer (Chief Operating Officer)	2024-08-05	F	(317)	$66.48	-$21,074
2024-08-06	SULLIVAN MATTHEW M	Officer (Chief Accounting Officer)	2024-08-05	F	(310)	$66.48	-$20,609
2024-06-20	BRYANT ANDREW S	Director	2024-06-18	A	1,774	—	$0
2024-06-20	GEYGAN JEFFREY RICHART	Director	2024-06-18	A	1,774	—	$0
2024-06-20	GEYGAN JEFFREY RICHART	Director	2024-06-18	J	0	—	$0
2024-06-20	Gold Gerri	Director	2024-06-18	A	1,774	—	$0
2024-06-20	BOREN KIMBERLY	Director	2024-06-18	A	1,774	—	$0
2024-06-20	MCCARTHY JOHN R	Director	2024-06-18	A	1,774	—	$0
2024-06-20	Scorziello Greg	Director	2024-06-18	A	1,774	—	$0