{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-002583","form_type":"8-K","ticker":"CLMB","cik":"0000945983","company_name":"Climb Global Solutions, Inc.","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.673607+00:00","generated_at":"2026-06-18T19:47:18.420429+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Climb Global Solutions posts record FY 2022 net income of $12.5M, up 36% YoY; Q4 net sales up 18% to $88.9M","bullets":["Q4 net sales $88.9M (+18% YoY); Q4 net income $4.8M ($1.06/diluted share) vs $3.4M ($0.78) in prior year.","FY 2022 net sales $304.3M (+8%); net income $12.5M ($2.81/diluted share) vs $9.2M ($2.09) in 2021.","Adjusted EBITDA for FY 2022 increased 36% to $21.1M; Q4 adjusted EBITDA up 44% to $7.4M.","Board declared quarterly dividend of $0.17/share, payable March 17, 2023 to holders of record March 13, 2023.","Acquisition of Spinnakar contributed; cash and equivalents $20.2M at year-end; no borrowings on credit facilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-002583","json":"https://secwatch.observer/filing/0001558370-23-002583.json","markdown":"https://secwatch.observer/filing/0001558370-23-002583.md","text":"https://secwatch.observer/filing/0001558370-23-002583.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/945983/000155837023002583/0001558370-23-002583-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/945983/000155837023002583/clmb-20230301x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T19:47:18.420429+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0054e441ebd46d19d07212acf06e867ec76d4ff4","claim":"Climb Global Solutions, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $88.9 million, net income $4.8 million, EPS $1.06 per diluted share.","evidence_excerpt":"Fourth Quarter 2022 Summary vs. Same Year-Ago Quarter ● Net sales increased 18% to $88.9 million. ● Adjusted gross billings (a non-GAAP financial measure defined below) increased 22% to $319.8 million. ● Gross profit increased 28% to $16.1 million. ● Net income increased 38% to $4.8 million or $1.06 per diluted share, compared to $3.4 million or $0.78 per diluted share. Excluding the impact of foreign exchange (FX), net income increased 43% to $4.9 million o r $1.08 per diluted share. ● Adjusted EBITDA (a non-GAAP financial measure defined below) increased 44% to $7.4 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945983/000155837023002583/0001558370-23-002583-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$88.9 million"},{"label":"Net income","value":"$4.8 million"},{"label":"EPS","value":"$1.06 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c1888b9145c16be3ebd67c22d0e74a36b32b730f","claim":"Climb Global Solutions, Inc. reported the fiscal year ended December 31, 2022 results: revenue $304.3 million, net income $12.5 million, EPS $2.81 per diluted share.","evidence_excerpt":"Full Year 2022 Summary vs. 2021 ● Net sales increased 8% to $304.3 million. ● Adjusted gross billings increased 14% to $1.1 billion. ● Gross profit increased 18% to $54.1 million. ● Net income increased 36% to $12.5 million or $2.81 per diluted share, compared to $9.2 million or $2.09 per diluted share. Excluding the impact of foreign exchange (FX), net income increased 43% to $13.2 million or $2.97 per diluted share. ● Adjusted EBITDA increased 36% to $21.1 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945983/000155837023002583/0001558370-23-002583-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$304.3 million"},{"label":"Net income","value":"$12.5 million"},{"label":"EPS","value":"$2.81 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}