Ingram Micro (INGM) Earnings: Q3 Fiscal 2026 Results

The quarter ended September 26, 2026 and Ingram Micro published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Ingram Micro reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Ingram Micro reports in thousands of dollars. Figures on this page are those amounts shown in millions.
• Ingram Micro's fiscal fourth quarter 2026 has fourteen weeks; the year-ago fourth quarter had thirteen.
• Ingram Micro describes itself as a controlled company: Platinum Equity and its affiliated investment vehicles hold a controlling stake.

Source: Ingram Micro fiscal third quarter 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 26, 2026. Figures as reported; checked against the release on November 10, 2026.

How Ingram Micro splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

• Ingram Micro's North America revenue was $5.8 billion in Q3 fiscal 2026, up 32% from $4.4 billion in Q3 fiscal 2025, 38% of total revenue.
• Ingram Micro's EMEA revenue was $3.9 billion in Q3 fiscal 2026, up 7% from $3.7 billion in Q3 fiscal 2025, 26% of total revenue.
• Ingram Micro's Asia-Pacific revenue was $4.3 billion in Q3 fiscal 2026, up 22% from $3.5 billion in Q3 fiscal 2025, 29% of total revenue.
• Ingram Micro's Latin America revenue was $1.1 billion in Q3 fiscal 2026, up 17% from $966 million in Q3 fiscal 2025, 7% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Ingram Micro gives net sales, gross profit and non-GAAP diluted EPS ranges for the next quarter. It gives no GAAP EPS outlook.

In its Q3 fiscal 2026 release, Ingram Micro said:

“Net sales for Q4 2026 expected to be $17.5 billion to $17.9 billion”

“Non-GAAP diluted EPS for Q4 2026 expected to be $1.05 to $1.15”

“Our fiscal fourth quarter 2026 includes fourteen weeks of business while the prior fiscal fourth quarter included thirteen weeks.”

Source: Ingram Micro Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the INGM forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release (in thousands there, shown here in millions).

We do not hold a confirmed date for Ingram Micro's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 fiscal 2026 (this page), reported Oct 29, 2026

Ingram Micro reports four geographic segments. In Q3 fiscal 2026 net sales were $15.2 billion, up 20.8%: North America $5.8 billion (up 31.5%), Asia-Pacific $4.3 billion (up 22.3%), EMEA $3.9 billion (up 7.3%) and Latin America $1.1 billion (up 16.7%). (Ingram Micro Q3 2026 release, Oct 29, 2026)

Across those regions Ingram Micro sells through four lines of business. Client and Endpoint Solutions covers PCs, notebooks, tablets, printers, phones and accessories; Advanced Solutions covers servers, storage, networking, cybersecurity, power and cooling and AI-related products; Cloud-based Solutions is third-party cloud services and subscriptions sold through its own platform; and Other is services such as reverse logistics and repair. Ingram Micro says Advanced Solutions and Cloud together make up more than one-third of its net sales and more than half of its gross profit. (Ingram Micro Form 10-Q, Q3 2026, Oct 29, 2026; Ingram Micro Form 10-K, fiscal 2025, Mar 3, 2026)

Globally in the quarter Advanced Solutions net sales rose 40%, Cloud-based Solutions 31%, Client and Endpoint Solutions 10% and Other services 35%. In North America Advanced Solutions rose 61%, which Ingram Micro attributed to networking and servers in the United States and to GPU and AI-infrastructure product sets. (Ingram Micro Q3 2026 release, Oct 29, 2026)

That mix lowered the gross margin to 6.55% from 6.90%. Ingram Micro said the decline was largely driven by growth of lower-margin, low cost-to-serve GPU and AI-infrastructure product sets, and that excluding these large deals its gross margin was 7.06%, against 7.10% a year earlier. (Ingram Micro Q3 2026 release, Oct 29, 2026)

Ingram Micro distributes products from approximately 1,500 vendor partners, and sales are concentrated by vendor more than by customer. In fiscal 2025 about 21% of consolidated net sales came from products purchased from Apple, about 10% from Lenovo and about 9% from HP Inc., while no single customer accounted for more than 10% of net sales. (Ingram Micro Form 10-K, fiscal 2025, Mar 3, 2026)

Ingram Micro's GAAP diluted EPS was $0.57 in Q3 fiscal 2026 against $0.42 a year earlier, and its non-GAAP diluted EPS was $0.91 against $0.72. The per-share adjustments between them include integration, transition and operational improvement costs ($0.11), other items ($0.11), amortization of intangibles ($0.09), a net foreign currency exchange loss ($0.06) and stock-based compensation ($0.04), less a $0.10 tax impact. (Ingram Micro Q3 2026 release, Oct 29, 2026)

Ingram Micro's effective tax rate was 29.9% in the quarter, against 33.9% a year earlier. The provision included $6.0 million of withholding tax from its Latin America operations, primarily its Miami Export business, worth 3.2 percentage points of the rate. (Ingram Micro Form 10-Q, Q3 2026, Oct 29, 2026)

Ingram Micro repurchased 625,000 shares on September 10, 2026 for $17.0 million, and 5,338,158 shares for $122.0 million over the first nine months, including a privately negotiated purchase from an affiliate of Platinum Equity in the first quarter. The board raised the quarterly dividend to $0.088 per share from $0.086. (Ingram Micro Form 10-Q, Q3 2026, Oct 29, 2026; Ingram Micro Q3 2026 release, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Ingram Micro gives a next-quarter outlook in its release. For Q4 fiscal 2026 it guided net sales of $17.5 billion to $17.9 billion, a year-over-year increase of 17.6% to 20.3%, gross profit of $1,075 million to $1,115 million and non-GAAP diluted EPS of $1.05 to $1.15, against $0.96 a year earlier. The quarter has fourteen weeks against thirteen, and the guidance assumes a non-GAAP tax rate of about 27% and 231.7 million diluted shares. (Ingram Micro Q3 2026 release, Oct 29, 2026)

Ingram Micro also reaffirmed the multi-year framework from its September Capital Markets Day for fiscal 2026 to 2029: net sales growth of about 4% to 6% a year, non-GAAP net income growth of about 11% to 13% a year and a four-year average adjusted ROIC of about 16% to 17%. (Ingram Micro Q3 2026 release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover Ingram Micro, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Ingram Micro's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning INGM is on is INGM a buy or a sell?, what analysts expect next is on the INGM forecast, and what the company does is on the Ingram Micro (INGM) stock page.

Every number on this page can be traced to a document Ingram Micro published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.