What is Ingram Micro's net debt?

Ingram Micro (INGM) reported net debt of $2.87B in Q1 2026.

How has Ingram Micro's net debt changed year-over-year?

Ingram Micro's net debt decreased by 7.0% year-over-year, from $3.08B to $2.87B.

What is the long-term trend for Ingram Micro's net debt?

Over 2 years (2023 to 2025), Ingram Micro's net debt has grown at a -27.9% compound annual growth rate (CAGR), from $3.45B to $1.79B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Ingram Micro INGM Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

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LAD

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Other financials

Income statement

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Revenue$14.0B+13.7%

Gross profit$926.0M+11.7%

Operating income$222.9M+11.0%

Net income$98.9M+42.9%

EPS (diluted)$0.42+44.8%

Balance sheet

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Cash & equivalents$939.9M+6.6%

Total debt$3.8B-3.9%

Total equity$4.2B+8.8%

Total assets$20.9B+12.4%

Cash flow

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Operating cash flow-$977.9M-388%

CapEx$36.3M+22.1%

Free cash flow-$1.0B-341%

Valuation

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Market cap$6.52B+31.5%

Enterprise value$9.39B+15.2%

P/E18.2×+0.8×

P/S0.1×0.0×

Profitability

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Gross margin6.6%-0.4pp

Operating margin1.7%-0.1pp

Net margin0.7%+0.1pp

FCF margin0%-0.2pp

Returns & leverage

See full

Return on equity8.9%+1.1pp

Debt / equity0.9×-0.1×

Current ratio1.3×-0.1×

Where this comes from

Calculated from Ingram Micro’s reported figures.

$3.8Btotal debt−$939.9Mcash and equivalents=$2.87B

The official record: Ingram Micro’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ingram Micro's net debt?: Ingram Micro (INGM) reported net debt of $2.87B in Q1 2026.
How has Ingram Micro's net debt changed year-over-year?: Ingram Micro's net debt decreased by 7.0% year-over-year, from $3.08B to $2.87B.
What is the long-term trend for Ingram Micro's net debt?: Over 2 years (2023 to 2025), Ingram Micro's net debt has grown at a -27.9% compound annual growth rate (CAGR), from $3.45B to $1.79B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.