Ingram Micro Holding (INGM) financial statements
Ingram Micro Holding reported revenue of $52.6B in fiscal 2025, up 1.1% a year over 3 years.
Net income was $328M and the operating margin 1.7%, against 6.4% in 2022.
Free cash flow was $785M, and the company returned $78M in dividends.
The diluted share count rose 6% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Ingram Micro Holding's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $50.8B | $48.0B | $48.0B | $52.6B |
| Cost of revenue | $47.1B | $44.5B | $44.5B | $49.1B |
| Gross profit | $3.7B | $3.5B | $3.4B | $3.5B |
| Selling, general and admin | $2.7B | $2.6B | $2.6B | $2.6B |
| Operating income | $3.2B | $944M | $818M | $877M |
| Interest expense | $320M | $380M | $338M | $303M |
| Pre-tax income | $2.8B | $523M | $446M | $531M |
| Income tax | $420M | $170M | $182M | $203M |
| Net income | $2.4B | $353M | $264M | $328M |
| EPS (diluted) | $10.77 | $1.59 | $1.18 | $1.39 |
| Diluted shares | 222M | 222M | 225M | 235M |
| Gross margin | 7.3% | 7.4% | 7.2% | 6.7% |
| Operating margin | 6.4% | 2.0% | 1.7% | 1.7% |
| Net margin | 4.7% | 0.7% | 0.6% | 0.6% |
Balance sheet
Fiscal years, from Ingram Micro Holding's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $1.3B | $948M | $918M | $1.9B |
| Receivables | — | $9.0B | $9.4B | $10.5B |
| Inventory | — | $4.7B | $4.7B | $5.0B |
| Total current assets | — | $15.4B | $15.8B | $18.2B |
| Property, plant and equipment | — | $453M | $483M | $532M |
| Goodwill | $845M | $852M | $834M | $855M |
| Total assets | — | $18.4B | $18.8B | $21.2B |
| Total current liabilities | — | $10.7B | $11.3B | $13.7B |
| Long-term debt | — | $3.7B | $3.2B | $2.7B |
| Total liabilities | — | $14.9B | $15.0B | $17.0B |
| Shareholders' equity | $3.1B | $3.5B | $3.7B | $4.2B |
| Net debt | -$1.3B | $3.0B | $2.4B | $1.3B |
Cash flow
Fiscal years, from Ingram Micro Holding's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$361M | $59M | $334M | $916M |
| Capital spending | $136M | $202M | $143M | $131M |
| Free cash flow | -$497M | -$143M | $191M | $785M |
| Stock-based compensation | $0 | $0 | $34M | $21M |
| Dividends paid | $1.8B | $10M | $6M | $78M |
| Net borrowing | -$518M | -$560M | -$483M | -$125M |
| Free cash flow margin | -1.0% | -0.3% | 0.4% | 1.5% |
| Dividends per share | $7.89 | $0.05 | $0.03 | $0.33 |
Questions
What was Ingram Micro Holding's revenue in 2025?
$52.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does Ingram Micro Holding generate?
$785M in fiscal 2025 (operating cash flow minus capital spending).
From Ingram Micro Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.