Principal Product Manager - Global Platform Solutions

Demand for AI infrastructure and cloud drives Ingram Micro's quarterly results. IT distributor Ingram Micro posted record results in the third quarter of fiscal year 2026. The company's total net revenue rose 20.8 percent year over year to $15.2 billion. Revenue, operating income, and earnings per share all came in above previously issued expectations. Growth was driven primarily by continued strong demand for advanced IT solutions, including GPU and AI infrastructure, and a sharp increase in sales of cloud solutions. Gross profit for the quarter, which ended on September 26, 2026, rose 14.6 percent to $996.9 million. Gross margin came in at 6.55 percent, compared with 6.90 percent in the same period a year earlier. This slight margin decline was caused by a change in the product mix: sales of AI and GPU infrastructure involve large projects with lower margins, but also with lower operating costs to deliver them. Excluding these specific large AI deals, gross margin remained nearly stable at 7.06 percent. Operating income rose 31.4 percent to $293.8 million, while adjusted operating income increased 24.9 percent to $322.0 million. Net income on a GAAP basis came in at $131.1 million, equivalent to $0.57 per share. On a non-GAAP basis, net income rose 24.8 percent to $210.6 million, or $0.91 per share. In addition to revenue growth, streamlined operations contributed to the profit increase. The company generated $251.4 million in operating cash flow and $249.5 million in adjusted free cash flow, marking its strongest third-quarter cash flow performance in more than five years. Solid performance and margin improvement in the EMEA region. In the EMEA region (Europe, Middle East and Africa), Ingram Micro recorded net revenue of $3.9 billion, an increase of 7.3 percent compared with the third quarter of the prior fiscal year. Currency fluctuations against the US dollar had a negative effect of 1 percent on the region's revenue comparison. Growth in EMEA was driven primarily by a strong performance in the Advanced Solutions segment, which rose 24 percent, led by higher sales of servers and storage systems. In addition, Cloud-based Solutions in EMEA showed strong growth of 39 percent. These increases offset a slight decline of 1 percent in the Client and Endpoint Solutions segment. Operating income in EMEA rose 9.4 percent to $67.8 million, compared with $62.0 million in the comparable quarter last year. Adjusted operating income for the region came in at $75.1 million, an increase of 8.1 percent. Operating margin improved slightly from 1.69 percent to 1.72 percent. This margin improvement was achieved through lower operating costs as a percentage of revenue, including a reduction of 10 basis points in personnel costs and 4 basis points in facilities costs, although these efficiency gains were partly offset by the shift in sales mix toward lower-margin products. Besides EMEA, the other geographic regions also showed growth. North America posted a revenue increase of 31.5 percent to $5.8 billion, strongly influenced by a 61 percent increase in Advanced Solutions and strong performance in the US logistics and repair division. In Asia-Pacific, revenue rose 22.3 percent to $4.3 billion, partly thanks to a 25 percent increase in advanced solutions in China and 44 percent growth in cloud services. Latin America saw revenue increase 16.7 percent to $1.1 billion, driven by broad growth across client devices, cloud and cybersecurity. Looking at global product categories, revenue in Advanced Solutions rose 40 percent across all regions. Cloud-based Solutions grew 31 percent worldwide, while the Client and Endpoint Solutions category showed an increase of 10 percent. Other services increased 35 percent. Raised outlook and dividend. Partly based on the strong quarterly results and the ongoing scaling of the digital platform Xvantage, Ingram Micro management raised its outlook for the fourth quarter of fiscal year 2026. For the coming quarter, which has fourteen working weeks, the company expects net revenue between $17.5 billion and $17.9 billion. That implies expected revenue growth of 17.6 to 20.3 percent year over year. Non-GAAP earnings per share for the fourth quarter are estimated at $1.05 to $1.15. Ingram Micro's board also raised the quarterly dividend to $0.088 per share. This is an increase of 2.3 percent compared with the previous quarter and an increase of 10.0 percent compared with the same quarter a year earlier. The dividend will be paid on November 23, 2026, to shareholders of record on November 9, 2026. In addition, the company reiterated the targets for its multi-year financial framework for the period 2026-2029. About Witold Kepinski. Witold Kepinski (1969) is a board member, editor-in-chief and director content of Dutch IT Channel and Dutch IT Leaders. Witold Kepinski has been active in the IT media and tech business industry for 25 years. Witold Kepinski, with a specialized team of editors, bloggers and video producers, provides insight into tech business trends and applications with which IT decision-makers and channel partners make an impact.

Ingram Micro (NYSE:INGM) releases quarterly earnings results, beats estimates by $0.13 EPS. October 29, 2026 Key points. * Ingram Micro beat quarterly expectations: Revenue rose 20.8% year over year to $15.22 billion, while non-GAAP EPS reached $0.91, exceeding estimates by $0.13 and the high end of guidance. * AI-driven demand remains a major growth engine. GPU and AI infrastructure revenue increased nearly 160% to more than $1.8 billion, while other key segments also posted strong growth; management raised its fourth-quarter and full-year 2026 outlook. * Margins came under pressure despite improved cash generation. Gross margin declined 35 basis points to 6.55% because of the lower-margin AI business mix, while adjusted free cash flow reached $250 million and net-debt leverage improved to 1.9 times. * Five stocks we like better than Ingram Micro. Ingram Micro (NYSE:INGM - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.13, FiscalAI reports. Ingram Micro had a net margin of 0.77% and a return on equity of 18.07%. The company had revenue of $15.22 billion for the quarter, compared to analysts' expectations of $13.83 billion. During the same period in the prior year, the business earned $0.72 earnings per share. Here are the key takeaways from Ingram Micro's conference call: * Record Q3 performance: Net sales rose 20.8% year over year to $15.22 billion, while non-GAAP diluted EPS increased 26% to $0.91, exceeding the high end of guidance. * AI and broad-based demand remain strong. GPU and AI infrastructure revenue climbed nearly 160% to more than $1.8 billion, while Advanced Solutions grew 40%, Cloud 30%, and Lifecycle Services 35%; management expects continued healthy AI project growth in Q4. * Management raised its Q4 and full-year 2026 outlook, forecasting Q4 sales of $17.5 billion to $17.9 billion and non-GAAP EPS of $1.05 to $1.15, supported by resilient demand and the additional 53rd week. * Operating leverage and cash generation improved. OpEx declined to 4.62% of sales, adjusted operating income rose 25%, Q3 adjusted free cash flow reached $250 million, and net debt leverage improved to 1.9 times. * Gross margin fell 35 basis points to 6.55%, primarily due to the growing mix of lower-margin GPU and AI infrastructure deals and geographic mix; management also expects Q4 gross margin to be seasonally lower, although excluding AI deals it projects margins in the high 6% range. Ingram Micro trading up 0.5%. INGM stock traded up $0.13 during midday trading on Thursday, hitting $28.53. The company had a trading volume of 2,511,264 shares, compared to its average volume of 1,388,169. The stock has a market cap of $6.58 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 0.73 and a beta of 1.76. Ingram Micro has a 52 week low of $19.03 and a 52 week high of $31.69. The company has a current ratio of 1.31, a quick ratio of 0.88 and a debt-to-equity ratio of 0.60. The stock's 50 day moving average price is $27.55 and its 200 day moving average price is $26.29. Wall Street analysts forecast growth. A number of brokerages have recently commented on INGM. Deutsche Bank Aktiengesellschaft started coverage on shares of Ingram Micro in a report on Monday, August 31st. They issued a "hold" rating and a $30.00 price target on the stock. Truist Financial lifted their price objective on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a "hold" rating in a report on Tuesday, August 4th. Zacks Research downgraded shares of Ingram Micro from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 19th. Morgan Stanley cut their target price on shares of Ingram Micro from $33.00 to $30.00 and set an "equal weight" rating for the company in a research report on Wednesday, September 16th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $33.00 target price on shares of Ingram Micro in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $30.50. Discover more MarketBeat All Access MarketBeat Research Tools Insider buying and selling. In other Ingram Micro news, major shareholder Platinum Equity, Llc sold 1,968,750 shares of the firm's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $27.19, for a total value of $53,530,312.50. Following the sale, the insider owned 162,372,569 shares of the company's stock, valued at $4,414,910,151.11. This trade represents a 1.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.95% of the stock is owned by corporate insiders. Ingram Micro company profile. Ingram Micro Inc is a global technology distribution and services company that connects technology manufacturers with businesses, resellers, systems integrators and other channel partners. Its portfolio includes hardware, software, cloud solutions, cybersecurity products, networking equipment, data-center technologies and communications solutions. The company also provides value-added services such as cloud marketplace management, device lifecycle services, logistics, fulfillment, financing support, technical assistance and professional services. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Ingram Micro, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ingram Micro wasn't on the list. While Ingram Micro currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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Ingram Micro India appoints Farhana Haque to lead platform business. Ingram Micro India has appointed former Microsoft executive Farhana Haque to lead its platform business, focusing on Xvantage adoption, AI, cloud and growth among small and medium-sized businesses. 26 Oct 2026 18:04 IST ngram Micro India has appointed Farhana Haque as country lead and executive director of its platform business, effective October 21, as the technology distributor looks to expand its digital platform operations and business among small and medium-sized businesses (SMBs). Haque will be based in Mumbai and report to Flavio Moraes Junior, vice-president and chief country executive of Ingram Micro India. She will also join the company's India executive leadership team. In her new role, Haque will oversee the platform business, operations and customer success, with a focus on increasing adoption of Ingram Micro's digital platform, Xvantage, and expanding its reach among SMBs. The appointment comes as technology distributors seek to integrate cloud services, artificial intelligence (AI) and digital commerce into their partner ecosystems. Ingram Micro's Xvantage platform combines hardware and cloud subscriptions with features such as pricing, order tracking, billing automation and personalized recommendations. Haque joins Ingram Micro from Microsoft, where she served as senior director, leading enterprise transformation, AI strategy and commercial expansion across strategic services, cloud solutions and modern work. Before Microsoft, she led Vodafone's Internet of Things business, overseeing strategic partnerships and operations across India and the Asia-Pacific region. At IBM, she was general manager for the distribution sector, working on business analytics, optimization and organizational change. She began her career at Infosys, where she managed SAP projects, alliances and marketing initiatives. Flavio Moraes Junior said Haque's experience in enterprise transformation, cloud, AI and strategic partnerships would support the company's platform business and efforts to expand among SMBs. Haque said she would focus on aligning the company's cloud, AI and platform capabilities with operational execution to simplify the partner experience and expand Xvantage adoption. Ingram Micro operates in the global information technology distribution market, connecting technology manufacturers and cloud providers with business customers and channel partners.