Ingram Micro Q1 2026 Earnings Release with Dividend Increase and Share Repurchase Program Expansion

Ingram Micro Holding Corporation reported strong first quarter 2026 financial results with net sales of $14.0 billion, up 13.7% year-over-year, exceeding guidance expectations. The company achieved net income of $98.9 million (up 42.9% YoY) and non-GAAP net income of $175.5 million (up 21.7% YoY). Diluted EPS was $0.42 and non-GAAP diluted EPS was $0.75, at the high end of guidance range. The company announced a quarterly dividend increase to $0.084 per share, representing a 2.4% sequential increase and 10.5% increase over prior year. Additionally, the board approved expanding the stock repurchase program from $100 million to $175 million, with $100 million remaining available after a $75 million repurchase from majority owner Platinum Equity affiliates in March 2026. The company provided Q2 2026 guidance expecting net sales of $13.6-14.0 billion and non-GAAP diluted EPS of $0.68-0.78.