Ingram Micro Holding Corporation (INGM) Earnings Call Transcripts

Ingram Micro Holding Corporation's Latest Earnings Call - Q1 FY2026

Ingram Micro reported strong Q1 2026 results, with net revenue of $13.96 billion, up 13.7% year-over-year, and non-GAAP EPS of $0.75, a 23% increase. The company exceeded the high end of its guidance, driven by robust growth in Cloud and Advanced Solutions, particularly from AI infrastructure deals. Management maintained a positive outlook for Q2, guiding net sales between $13.6 billion and $14.0 billion, reflecting 8% growth at the midpoint, despite ongoing supply constraints and geopolitical challenges.

Reported metrics

Guidance from management

Ingram Micro expects Q2 2026 net sales of $13.6 billion to $14.0 billion, reflecting 8% growth at the midpoint. Non-GAAP EPS is projected to be between $0.68 and $0.78, indicating continued profit leverage despite market challenges.

What management said

Yes. Katherine, this is Paul. I'd say we've seen it in pockets. There was one instance in a smaller country in Europe where they needed a specific configuration around PCs and the supply is not there for that specific rollout, it will eventually come. The question is when is it going to come? We thought it was going to happen in Q1, it looks like it may be a quarter or two out.

Thank you for joining us today and for your continued support. We are proud of our Q1 performance and results. We are executing across the business to deliver continued growth and innovation. Our patented Xvantage platform is a clear differentiator and our investments ahead of the curve aligned with the rapidly scaling AI market. We are positioned well to change the IT distribution market, and we are energized at wha...

What analysts pressed on

Analysts expressed concerns about the impact of supply chain constraints on project timelines and customer spending. There were questions regarding the potential for margin compression due to rising prices and the shift from on-premises to cloud solutions affecting demand dynamics.

Main topics on the call

• Strong Revenue Growth — In Q1 2026, Ingram Micro achieved net sales of $13.96 billion, reflecting a 13.7% increase year-over-year. CEO Paul Bay noted, "We delivered another strong first quarter in which we grew net revenue nearly 14% on top of ...
• AI and Cloud Solutions Driving Growth — Cloud revenue grew 25% year-over-year on an FX-neutral basis, while Advanced Solutions rose 14%. Management highlighted that large GPU and AI infrastructure deals were pivotal, stating, "Cloud again grew double digits wi...
• Xvantage Platform Progress — The Xvantage platform is becoming a competitive advantage, with over 400 AI models deployed. Bay emphasized, "Xvantage is not a tool or a marketplace. It is the operating system for B2B," indicating its central role in f...
• Geographic Performance — All four regions reported double-digit growth, with North America and Asia Pacific leading. Bay mentioned, "Asia Pacific grew at double digits and was our second largest region by net revenue," showcasing the company's g...

Read the full Ingram Micro Holding Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 10 Ingram Micro Holding Corporation earnings call transcripts on record, spanning November 12, 2024 to July 30, 2026. Based on this history, Ingram Micro Holding Corporation reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

INGM

Exchange

NYSE

Country

US

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

10

First call

November 12, 2024

Most recent

July 30, 2026

Reporting cadence

quarterly