Ingram Micro Reports Strong Q3 2026 Growth Driven by AI Infrastructure Demand
Ingram Micro (INGM) reported significant third-quarter growth, with net sales reaching $15.22 billion, a 20.8% increase year-over-year. This surge was primarily fueled by massive demand for GPU and AI infrastructure, which saw revenue jump 160% to $1.8 billion. The company's strategic shift toward its Xvantage digital platform is yielding results, with self-service orders now accounting for 70% of total volume. While gross margins saw a slight compression due to the higher mix of lower-margin AI hardware deals, profitability remained strong with non-GAAP diluted EPS rising 26.4%. Management provided optimistic Q4 guidance, projecting sales between $17.5 billion and $17.9 billion. Despite potential volatility in the Middle East, the company's transition toward an intelligent operating model continues to drive operational leverage across all geographic segments.
Tickers: $INGM
Topics: AI Infrastructure EPS Geographic Segment Performance GPU Sales Revenue Growth