Ingram Micro Holding Corp
INGMQ4 2025(INGM Q3 FY2025)Estimated4.5% AI
AI Revenue %
4.5%
AI Fair Value
$1.3B
AI Revenue (Q)
$1.6B
Total Revenue (Q)
$34.6B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2025 (13 weeks ended September 27, 2025). Total net sales $12,603,755K (~$12.60B), up 7.1% YoY from $11,762,628K. North America grew 3.3% to $4,426M, EMEA grew 5.5% to $3,662M, Asia-Pacific grew 12.6% to $3,550M, and LatAm surged 13.0% to $966M. 39-week cumulative net sales were $37,678,554K vs $34,639,001K (+8.8%). The filing notes 'loss on sale of CloudBlue and another non-strategic business' in the integration costs footnote, indicating Ingram Micro divested its CloudBlue cloud management platform during the period. No product-line revenue breakdown or AI-specific revenue disclosure. AI server distribution continues to grow as NVIDIA Blackwell-based systems enter the channel. With ~$48B annual run rate and AI infrastructure being one of the fastest-growing distribution categories, estimated AI distribution revenue ~$565M. Math: $565M / $12,604M = 4.5%.
Analyzed by claude-opus-4-6
Quoted Figures
Net sales: North America $4,425,888, EMEA $3,662,309, Asia-Pacific $3,549,666, Latin America $965,892. Total $12,603,755
10-Q Q3 FY2025, Note 11 Segment Information
Thirty-Nine Weeks Ended: Total net sales $37,678,554 vs $34,639,001
10-Q Q3 FY2025, Condensed Consolidated Statements of Income
Integration and transition costs primarily related to (i) the loss on sale of CloudBlue and another non-strategic business in our North American region
10-Q Q3 FY2025, Note 11 Segment Information footnote (b)
AI Products Identified (Ring 1)
NVIDIA GPU server distributionAI networking equipment distributionAI infrastructure hardware distributionNVIDIA Blackwell-based server distribution
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Client and endpoint solutionsAdvanced solutions distributionCloud MarketplaceTraditional server/storage distribution
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix