Ingram Micro Sets New Records: A Strong Second Quarter 2026 Performance
In a recent conference call, Ingram Micro announced a remarkable second quarter performance for 2026. The company's CEO, Paul Bay, expressed his satisfaction with the results, stating that they were the best second quarter ever delivered by the organization.
The strong financials include net revenue of approximately $14.5 billion, gross profit dollars of $959 million, and adjusted EPS of $0.82. These numbers surpassed the company's guidance ranges, demonstrating a disciplined execution across their global business.
A key highlight from the quarter was the compounding effect of Ingram Micro's operating model. Gross profit dollars grew faster than revenue, adjusted operating income increased by nearly 40% year-over-year, while adjusted EBITDA and earnings again outpaced revenue growth. This trend reflects the company's ability to evolve from a reactive selling approach to a more proactive go-to-market strategy.
Another notable point is the continued demand for Ingram Micro's services across their three primary lines of business. The company saw double-digit revenue growth in all four regions – North America, Asia Pacific, EMEA (Europe, Middle East, and Africa), and Latin America – with customer categories also experiencing revenue growth.
Asia Pacific has now become the company's second-highest operating margin region, while Latin America remains its most profitable. The CEO mentioned that customers were optimistic, as end-users are increasingly interested in adopting Artificial Intelligence (AI). Ingram Micro is well-positioned to capitalize on this trend through their platform, Xvantage, which enables AI adoption.
Xvantage has evolved into an intelligent operating system, simplifying complexity and connecting data across the industry. The platform's embedded AI capabilities drive clear sources of value for customers, vendors, and Ingram Micro alike. These benefits are demonstrated by reduced costs, accelerated growth, and expanded profitability.
The impact was visible in Q2 data, with time spent on Xvantage increasing approximately 40% year-over-year. This highlights the growing importance of this platform as customers seek more proactive solutions driven by AI, automation, and security.
Overall, Ingram Micro's second quarter performance demonstrates its ability to adapt to market trends and capitalize on emerging opportunities. The company remains committed to delivering value through their innovative platforms and services, setting a strong foundation for continued success in the future."
