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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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $653M | $38M | $21M | $15M | 18.3% | 40.1% | 14.6% |
| 2024 | $466M | $35M | $19M | $28M | 20.5% | 32.3% | 51.0% |
| 2023 | $352M | $20M | $12M | $37M | 16.5% | 15.7% | -1.4% |
| 2022 | $304M | $20M | $12M | $2M | 20.6% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 304.35 | 352.01 | 465.61 | 652.52 |
| Operating Revenue | - | 304.35 | 352.01 | 465.61 | 652.52 |
| Cost Of Revenue | - | 250.25 | 287.77 | 374.53 | 547.25 |
| Gross Profit | - | 54.09 | 64.25 | 91.08 | 105.27 |
| Operating Expense | - | 36.20 | 47.13 | 60.78 | 75.28 |
| Selling General And Administration | - | 34.14 | 44.33 | 56.51 | 67.55 |
| Total Expenses | - | 286.45 | 334.89 | 435.30 | 622.52 |
| Operating Income | - | 17.90 | 17.12 | 30.30 | 29.99 |
| Total Operating Income As Reported | - | 17.31 | 16.49 | 27.99 | 29.18 |
| EBITDA | - | 20.39 | 20.28 | 35.01 | 38.33 |
| Normalized EBITDA | - | 21.91 | 21.55 | 41.21 | 41.25 |
| EBIT | - | 17.90 | 17.12 | 30.30 | 29.99 |
| Net Interest Income | - | 0.16 | 0.93 | 0.92 | 0.84 |
| Other Income Expense | - | -1.52 | -1.26 | -6.20 | -2.92 |
| Net Non Operating Interest Income Expense | - | 0.16 | 0.93 | 0.92 | 0.84 |
| Pretax Income | - | 16.53 | 16.78 | 25.02 | 27.92 |
| Tax Provision | - | 4.04 | 4.46 | 6.41 | 6.59 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.37 | -0.34 | -1.59 | -0.69 |
| Net Income Continuous Operations | - | 12.50 | 12.32 | 18.61 | 21.33 |
| Net Income From Continuing And Discontinued Operation | - | 12.50 | 12.32 | 18.61 | 21.33 |
| Net Income From Continuing Operation Net Minority Interest | - | 12.50 | 12.32 | 18.61 | 21.33 |
| Net Income | - | 12.50 | 12.32 | 18.61 | 21.33 |
| Net Income Common Stockholders | - | 12.18 | 12 | 18.15 | 21 |
| Net Income Including Noncontrolling Interests | - | 12.50 | 12.32 | 18.61 | 21.33 |
| Normalized Income | - | 13.65 | 13.25 | 23.22 | 23.56 |
| Diluted NI Availto Com Stockholders | - | 12.18 | 12 | 18.15 | 21 |
| Basic Average Shares | - | 17.32 | 17.60 | 17.86 | 18.10 |
| Diluted Average Shares | - | 17.32 | 17.60 | 17.86 | 18.10 |
| Reconciled Depreciation | - | 2.49 | 3.16 | 4.71 | 8.34 |
| Reconciled Cost Of Revenue | - | 249.82 | 287.40 | 374.09 | 546.64 |
| Total Unusual Items | - | -1.52 | -1.26 | -6.20 | -2.92 |
| Total Unusual Items Excluding Goodwill | - | -1.52 | -1.26 | -6.20 | -2.92 |
| Special Income Charges | - | -0.58 | -0.63 | -5.93 | -2.18 |
| Restructuring And Mergern Acquisition | - | 0.58 | 0.63 | 5.93 | 2.18 |
| Gain On Sale Of Security | - | -0.94 | -0.64 | -0.27 | -0.74 |
| Depreciation Amortization Depletion Income Statement | - | 2.05 | 2.80 | 4.27 | 7.73 |
| Depreciation And Amortization In Income Statement | - | 2.05 | 2.80 | 4.27 | 7.73 |
| General And Administrative Expense | 32.14 | - | - | - | - |
| Other Gand A | 32.14 | - | - | - | - |
| Total Other Finance Cost | - | -0.16 | -0.93 | -0.92 | -0.84 |
| Otherunder Preferred Stock Dividend | - | 0.32 | 0.32 | 0.46 | 0.33 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Climb Global Solutions, Inc.this co. | CLMB | $426M | 19.95 | 3.65 | 18.3% | 10.20 |
| 3D Systems Corporation | DDD | $451M | 15.10 | 1.88 | 12.4% | 6.74 |
| Methode Electronics, Inc. | MEI | $451M | -7.20 | 0.65 | -9.0% | 22.71 |
| Sprout Social, Inc. | SPT | $444M | - | 2.18 | -21.3% | - |
| Silvaco Group, Inc. | SVCO | $437M |
| - |
| - |
| - |
| - |
| - |
| - |
| -10.62 |
| 5.83 |
| -54.9% |
| -10.66 |
| Blend Labs, Inc. | BLND | $416M | -51.70 | -13.67 | 26.4% | 127.28 |
| Bakkt, Inc. | BKKT | $410M | - | 3.64 | -95.1% | - |
| TSS, Inc. | TSSI | $407M | 26.90 | 5.31 | 19.7% | 30.37 |
| Alight, Inc. | ALIT | $406M | -0.13 | 0.39 | -296.6% | -0.88 |
| Peer Median | - | -3.67 | 2.03 | -15.2% | 14.72 | |