Feed / INGM

Ingram Micro Holding Corporation

INGM

Technology · 27.54 +4.5% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Ingram Micro Holding Corporation's current read is isolated; its market group is not confirming.

The latest filing is mixed. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 23 directly disclosed connections are confirming.

What changed
  • Revenue increased 13.7% versus the comparable filing period.
  • Operating cash flow covered only -9.89x net income.
Company+4.5% todayVolume comparison unavailable
Market group0 of 1 activeIT Distribution · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • INGM's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if INGM's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Information Technology Services

The latest filing is mixed. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 23 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 13.7% versus the comparable filing period.
  • Net income increased 42.9% versus the comparable filing period.
Evidence that challenges
  • Operating cash flow covered only -9.89x net income.
What would clarify the read
  • INGM's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods4
Price observations328
Usable filing statements255
Verified relationships20
Evidence supporting the case
  • Latest annual revenue changed +9.5% year over year.
  • Operating cash flow covered net income at 2.79x in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 4.7% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 5 filings.
  • Foreign exchange has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 23% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 88% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

27.54
6m+28.6%12m+33.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-12-31$50.8B$10.77
2023-12-30$48.0B-5.5%$1.59+0.0%
2024-12-28$48.0B-0.1%$1.18+1.0%
2025-12-27$52.6B+9.5%$1.39+4.7%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitymixed · 5 filings
The net cash provided during the Twenty-Six Weeks Ended June 28, 2025 was primarily driven by proceeds from the deferred purchase price of factored receivables of $141,445, proceeds from sale of equity investments of $20,805, and proceeds from notes receivabl…
10-Q · Jul 30, 2026
Credit and interest ratesnegative · 5 filings
The net cash provided during the Twenty-Six Weeks Ended June 27, 2026 was primarily driven by net proceeds from revolving and other credit facility of $812,823 and gross proceeds from other debt of $32,671, partially offset by the voluntary repayment of our t…
10-Q · Jul 30, 2026
Restructuring and cost reductionsnegative · 5 filings
This decrease was driven by an increase in expenses as a percentage of net sales in the region, including a 16 basis point increase in restructuring costs and a 7 basis point increase in bad debt expense.
10-Q · Jul 30, 2026
Foreign exchangemixed · 4 filings
The year-over-year variance was largely driven by a change from a foreign exchange gain, driven primarily by the favorable movement of the U.S.
10-Q · Apr 30, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.1× · EV/sales 0.1×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

27.54+4.5% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for INGM. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

The latest filing presents a mixed picture

10-Q filed 2026-04-30 against the comparable filing from 2025-05-08.

mixed
OperationsconstructiveEvidence score +2
liquiditycautiousEvidence score -1
valuationmixed

What improved

  • Revenue increased 13.7% versus the comparable filing period.
  • Net income increased 42.9% versus the comparable filing period.

What weakened

  • Operating cash flow covered only -9.89x net income.

Filing receipts

Additionally, interest expense decreased by $4,353, primarily as a result of lower average debt outstanding in the current quarter due in particular to voluntary principal payments on our senior term loan credit facility (the “Term Loan Credit Facility”), including an incremental voluntary repayment of $200,000 on our Term Loan Credit Facility in February 2026.

The net cash provided during the Thirteen Weeks Ended March 28, 2026 was primarily driven by proceeds from the deferred purchase price of factored receivables of $51,834 and proceeds from notes receivable of $10,179, partially offset by capital expenditures of $36,303 and issuance of notes receivable to certain customers of $12,375.

The net cash provided during the Thirteen Weeks Ended March 29, 2025 was primarily driven by proceeds from the deferred purchase price of factored receivables of $71,031, partially offset by capital expenditures of $29,737.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind INGM

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AAPLApple Inc.supplierMar 3, 2026

Our suppliers are the world’s most trusted technology leaders, along with emerging technology brands, which include the industry’s premier hyperscalers, computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers and software publ…

AMDAdvanced Micro Devices, Inc.supplierMar 3, 2026

Our suppliers are the world’s most trusted technology leaders, along with emerging technology brands, which include the industry’s premier hyperscalers, computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers and software publ…

Depended on by

NTGRNETGEAR, Inc.distributorMay 1, 2026

Our main wholesale distributors include Ingram Micro, TD Synnex, and D&H Distribution Company.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 24 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

INGM is currently a Leader in the organic co-movement group IT Distribution. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for INGM; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.