Ingram Micro Holding (INGM) Q4 FY2023 earnings: revenue $13.0 billion

Ingram Micro Holding Corp. (INGM) reported revenue of $13.0 billion for Q4 FY2023, the quarter ended 30 December 2023. Net income was $137 million, and diluted earnings per share $0.61. The figures are the company's own, from the 10-K it filed with the SEC on 5 March 2025.

Revenue$13.0 billion

Net income$137 million

Diluted EPS$0.61

QuarterQ4 FY2023ended 30 December 2023

The quarter, against the one before and a year earlier

Line	Q4 FY2023	Q3 FY2023	A year earlier	Change on the year
Revenue	13,020	11,925	n/a	n/a
Cost of revenue	n/a	11,071	n/a	n/a
Gross profit	n/a	855	n/a	n/a
Gross margin	n/a	7.2%	n/a
Selling, general and administrative	n/a	623	n/a	n/a
Operating income	331	212	n/a	n/a
Operating margin	2.5%	1.8%	n/a
Interest expense	n/a	98.3	n/a	n/a
Pre-tax income	n/a	120	n/a	n/a
Income tax	n/a	33.6	n/a	n/a
Effective tax rate	n/a	27.9%	n/a
Net income	137	86.8	n/a	n/a
Net margin	1.0%	0.7%	n/a
Diluted EPS	$0.61	$0.39	n/a	n/a

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q4 FY2023	Q3 FY2023	A year earlier	Change on the year
Depreciation and amortisation	n/a	44.5	n/a	n/a
Shares outstanding at period end	235m	235m	n/a	n/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q4 FY2023	Q3 FY2023	A year earlier	Change on the year
Shareholders' equity	3,506	3,231	n/a	n/a
Debt	3,924	n/a	n/a	n/a
Operating lease liabilities	366	n/a	n/a	n/a
Other liabilities	10,624	n/a	n/a	n/a
Total liabilities and equity	18,420	n/a	n/a	n/a
Fixed assets	453	n/a	n/a	n/a
Goodwill	852	n/a	n/a	n/a
Intangible assets	880	n/a	n/a	n/a
Cash and equivalents	948	865	n/a	n/a
Receivables	8,989	n/a	n/a	n/a
Inventory	4,660	n/a	n/a	n/a
Other assets	1,639	n/a	n/a	n/a
Total assets	18,420	n/a	n/a	n/a

Questions

What was Ingram Micro Holding's revenue in Q4 FY2023?

Ingram Micro Holding (INGM) reported revenue of $13.0 billion for Q4 FY2023, the quarter ended 30 December 2023.

How much did Ingram Micro Holding earn in Q4 FY2023?

Net income for Q4 FY2023 was $137 million, and diluted earnings per share $0.61.

When did Ingram Micro Holding report Q4 FY2023 results?

Ingram Micro Holding filed its 10-K for the quarter ended 30 December 2023 with the SEC on 5 March 2025.

Quarterly results, the last 14 quarters

	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	11,569	11,526	11,925	13,020	11,335	11,541	11,763	13,345	12,281	12,794	12,604	14,878	13,963	14,531
Cost of revenue	n/a	n/a	11,071	n/a	10,500	10,713	10,917	12,409	11,452	11,955	11,734	13,911	13,037	13,572
Gross profit	n/a	n/a	855	n/a	835	828	845	936	829	839	870	966	926	959
Gross margin	n/a	n/a	7%	n/a	7%	7%	7%	7%	7%	7%	7%	6%	7%	7%
SG&A	n/a	n/a	623	n/a	642	647	627	672	626	696	643	647	694	714
Operating income	194	207	212	331	170	181	218	248	201	143	224	310	223	236
Operating margin	2%	2%	2%	3%	2%	2%	2%	2%	2%	1%	2%	2%	2%	2%
Interest expense	n/a	n/a	98.3	n/a	84.6	86.9	86.3	80.6	74.9	72.9	81.7	73.1	70.5	76.3
Pre-tax income	n/a	n/a	120	n/a	76.7	83.2	119	167	100	59.9	151	220	141	158
Tax rate	n/a	n/a	28%	n/a	35%	34%	35%	50%	31%	37%	34%	45%	30%	30%
Net income	62.6	66.9	86.8	137	49.6	54.6	77.0	83.1	69.2	37.8	99.5	121	98.9	111
Net margin	1%	1%	1%	1%	0%	0%	1%	1%	1%	0%	1%	1%	1%	1%
Diluted EPS	$0.28	$0.30	$0.39	$0.61	$0.22	$0.25	$0.35	$0.36	$0.29	$0.16	$0.42	$0.51	$0.42	$0.48
Operating cash flow	n/a	n/a	n/a	n/a	-100	401	-277	310	-200	-298	-146	1,561	-978	-533
Capital expenditure	n/a	n/a	n/a	n/a	35.6	33.1	38.0	36.1	29.7	35.2	29.0	36.8	36.3	32.9
Free cash flow	n/a	n/a	n/a	n/a	-136	368	-315	274	-230	-333	-175	1,524	-1,014	-566
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	n/a	n/a	75.0	30.0
Dividends paid	n/a	n/a	n/a	n/a	0.0	6.2	0.0	0.0	17.4	23.5	18.3	19.2	19.0	19.4
Shares outstanding	235m	235m	235m	235m	235m	235m	235m	235m	235m	235m	235m	235m	235m	235m
Filing	10-K	10-K	10-Q	10-K	10-K	10-K	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 30 December 2023, filed 5 March 2025: the filing.