Ingram Micro | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 12.6 B

Revenue: As of FY2025 Q3, the actual value is USD 12.6 B, beating the estimate of USD 12.21 B.

EPS: As of FY2025 Q3, the actual value is USD 0.42, missing the estimate of USD 0.4425.

EBIT: As of FY2025 Q3, the actual value is USD 292.32 M.

Segment Revenue

• North America: Net sales increased by 3.3% to $4,425,888 for the Thirteen Weeks Ended September 27, 2025, and by 9.0% to $13,842,663 for the Thirty-Nine Weeks Ended September 27, 2025.
• EMEA: Net sales increased by 5.5% to $3,662,309 for the Thirteen Weeks Ended September 27, 2025, and by 3.6% to $10,566,461 for the Thirty-Nine Weeks Ended September 27, 2025.
• Asia-Pacific: Net sales increased by 12.5% to $3,549,666 for the Thirteen Weeks Ended September 27, 2025, and by 16.2% to $10,646,686 for the Thirty-Nine Weeks Ended September 27, 2025.
• Latin America: Net sales increased by 13.0% to $965,892 for the Thirteen Weeks Ended September 27, 2025, and by 1.7% to $2,622,744 for the Thirty-Nine Weeks Ended September 27, 2025.

Operational Metrics

• Gross Profit: $869,647 for the Thirteen Weeks Ended September 27, 2025, with a gross margin decrease of 29 basis points to 6.90%.
• Income from Operations: $223,513 for the Thirteen Weeks Ended September 27, 2025, with an operating margin of 1.77%.
• Net Income: $99,457 for the Thirteen Weeks Ended September 27, 2025.

Cash Flow

• Operating Cash Flow: Cash used in operating activities was - $644,428 for the Thirty-Nine Weeks Ended September 27, 2025.
• Investing Cash Flow: Cash provided by investing activities was $182,857 for the Thirty-Nine Weeks Ended September 27, 2025.
• Financing Cash Flow: Cash provided by financing activities was $315,632 for the Thirty-Nine Weeks Ended September 27, 2025.

Future Outlook and Strategy

• Core Business Focus: The company is focusing on expanding its Advanced Solutions and Cloud-based Solutions, which now account for more than one-third of net sales and more than half of gross profit. Investments are being made in the Ingram Micro Xvantage Platform to enhance market opportunities and partner experience.
• Non-Core Business: The company completed the sale of its CloudBlue operations during the third quarter of 2025, affecting the year-over-year comparison of net sales of cloud-based solutions.

Outlook Summary

The company anticipates continued growth in its core business areas, particularly in Advanced Solutions and Cloud-based Solutions, despite the recent sale of CloudBlue operations. The focus remains on leveraging the Ingram Micro Xvantage Platform to drive efficiency and enhance customer engagement.