---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-007836"
form_type: "8-K"
ticker: "CLMB"
cik: "0000945983"
company_name: "Climb Global Solutions, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T02:22:23.405526+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Climb Global Solutions Q1: Net sales up 19% to $85M, net income up 23% to $3.3M

## Summary
- Net sales $85.0M (+19% YoY); net income $3.3M (+23%); diluted EPS $0.74 vs $0.61.
- Adjusted EBITDA $5.7M (+33%); effective margin (adj EBITDA/gross profit) 37.2% vs 35.5%.
- Gross profit $15.2M (+27%); driven by organic growth + Spinnakar acquisition contribution.
- Quarterly dividend declared $0.17/share on May 2, payable May 19 to holders of record May 15.
- Cash and equivalents $61.7M at March 31; $1.7M debt outstanding.

## SEC filing metadata
- accession: 0001558370-23-007836
- form_type: 8-K
- ticker: CLMB
- cik: 0000945983
- company_name: Climb Global Solutions, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945983/000155837023007836/0001558370-23-007836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945983/000155837023007836/clmb-20230503x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-007836
- JSON: https://secwatch.observer/filing/0001558370-23-007836.json
- Plain text: https://secwatch.observer/filing/0001558370-23-007836.txt

## Key facts
- Earnings Releases
  Climb Global Solutions, Inc. reported the first quarter ended March 31, 2023 results: revenue $85.0 million, net income $3.3 million, EPS $0.74 per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $85.0 million
  - Net income: $3.3 million
  - EPS: $0.74 per diluted share
  - Result: reported results
  source text: ​ ​ ​ ​ Climb Global Solutions Reports First Quarter 2023 Results ​ Net Sales up 19% to $85.0 Million; Net Income up 23% to $3.3 Million or $0.74 per Share; Adjusted EBITDA (non-GAAP) up 33% to $5.7 Million ​ Eighth Consecutive Quarter of Double-Digit Profitability Improvements ​ EATONTOWN, N.J., May 3, 2023 -- Climb Global Solutions, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/945983/000155837023007836/0001558370-23-007836-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.