Ingram Micro Holding Corp. reported higher sales and profit in its fiscal fourth quarter and for the full year, driven by growth across all regions and stronger demand for several categories of technology products.
The Irvine, California-based technology distributor reported fourth-quarter net sales of $14.88 billion for the period ending Dec. 27, up 11.5% from $13.34 billion a year earlier. Net income rose to $121.4 million, an increase of 46.1% from $83.1 million in the same quarter last year.
For the full fiscal year, net sales increased 9.5% to $52.56 billion, compared with $47.98 billion in fiscal 2024. Net income rose 24.1% to $327.9 million, up from $264.2 million a year earlier.
The company said sales increased in each of its geographical regions during the quarter and for the year.
CEO Paul Bay said the company saw broad growth across its global operations and continued expanding the use of its Xvantage digital platform.
Despite higher sales, Ingram Micro said profitability was affected by the mix of products it sold. The company reported a lower gross margin compared with the prior year, reflecting stronger volumes in lower-margin products such as client and endpoint devices and project-based sales tied to AI-related equipment. Results were also affected by the company’s sale of its CloudBlue business in the third quarter of 2025, which had contributed to margins in the prior-year period.
The company also reported improved control of operating expenses related to sales.
Looking ahead, Ingram Micro said it expects first-quarter 2026 net sales to range between $12.45 billion and $12.8 billion.
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