- \n
- \nNet sales of $14.0 billion, above high end of guidance range and up 13.7% over prior year<\/p>\n<\/li>\n
- \nGross profit of $926.0 million, up 11.7% over prior year<\/p>\n<\/li>\n
- \nNet income of $98.9 million and non-GAAP net income(1)<\/sup> of $175.5 million, up year-over-year by 42.9% and 21.7%, respectively, on growth and continued operating efficiency<\/p>\n<\/li>\n
- \nDiluted earnings per share (\u201cEPS\u201d) of $0.42 and non-GAAP diluted EPS(1)<\/sup> of $0.75, at high end of guidance range<\/p>\n<\/li>\n
- \nQuarterly dividend increased to $0.084 per share \u2013 a sequential increase of 2.4% and 10.5% over prior year<\/p>\n<\/li>\n
- \nSecondary offering completed in March for 10.3 million shares, accompanied by a repurchase of 3.5 million shares from our majority owner; authorized additional capacity under the share repurchase program to make $100 million available for future use<\/p>\n<\/li>\n<\/ul>\n
Fiscal Second Quarter 2026 Outlook:<\/b><\/p>\n
- \n
- \nNet sales for Q2 2026 expected to be $13.6 billion to $14.0 billion \u2013 a year-over-year increase of 6.3% to 9.4%<\/p>\n<\/li>\n
- \nNon-GAAP diluted EPS for Q2 2026 expected to be $0.68 to $0.78 \u2013 a year-over-year increase of 11.5% to 27.9%<\/p>\n<\/li>\n<\/ul>\n
IRVINE, Calif.–(BUSINESS WIRE<\/a>)–
\nIngram Micro Holding Corporation (NYSE: INGM) (\u201cIngram Micro\u201d or the \u201cCompany\u201d) today reported 2026 fiscal first quarter results for the period ended March 28, 2026. The Company reported net sales of $14.0 billion, up 13.7% year-over-year, and net income on a GAAP basis of $98.9 million, or $0.42 per share, up 42.9% and 44.8% year-over-year, respectively. Non-GAAP net income of $175.5 million, or $0.75 per share,(1)<\/sup> was up 21.7% and 23.0% versus the same period last year, respectively.<\/p>\n\n\u201cOur first quarter was yet another strong performance with top line growth of 13.7%, on top of double-digit growth the prior year, and earnings per share at the high end of our guidance range. All four of our regions demonstrated top line growth, three of which were double digits. This was led once again by Asia Pacific reflecting our extensive global reach,\u201d said Paul Bay, Ingram Micro\u2019s Chief Executive Officer. \u201cWe have moved from adoption to performance on our XvantageTM<\/sup> platform, with AI-led net sales up more than sixty percent year-over-year in our largest countries. As we continue with our platform deployment and build on our growing portfolio of patents, we remain confident in our ability to further differentiate ourselves as a technology company and further improve our financial model to create long-term value for customers, vendors, and stockholders.\u201d<\/p>\n
\n\u201cWe delivered a strong start to fiscal 2026, with double-digit growth in key profitability metrics, driven by disciplined execution, coupled with continued optimization and rigorous expense management,\u201d said Mike Zilis, Ingram Micro\u2019s Chief Financial Officer. \u201cGoing forward, we are managing for operating leverage, profitability and return on investment while continuing to invest in our XvantageTM<\/sup> platform and other strategic growth initiatives. We also remain committed to returning capital to stockholders through our increased quarterly dividend and our authorized share repurchase program. In the first quarter, we successfully completed a secondary offering of our stock, which included repurchasing $75 million of stock directly from our majority owner. Today we announced we are expanding the repurchase program to maximize flexibility to further repurchase stock in the future.\u201d<\/p>\n
- \nDiluted earnings per share (\u201cEPS\u201d) of $0.42 and non-GAAP diluted EPS(1)<\/sup> of $0.75, at high end of guidance range<\/p>\n<\/li>\n
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