vs

Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and CSW INDUSTRIALS, INC. (CSW). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $193.8M, roughly 1.2× Climb Global Solutions, Inc.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs 3.6%, a 0.8% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 19.8%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (44.8% CAGR vs 5.1%).

CLMB vs CSW — Head-to-Head

Bigger by revenue
CSW
CSW
1.2× larger
CSW
$233.0M
$193.8M
CLMB
Growing faster (revenue YoY)
CSW
CSW
+0.5% gap
CSW
20.3%
19.8%
CLMB
Higher net margin
CSW
CSW
0.8% more per $
CSW
4.4%
3.6%
CLMB
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
44.8%
5.1%
CSW

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CLMB
CLMB
CSW
CSW
Revenue
$193.8M
$233.0M
Net Profit
$7.0M
$10.3M
Gross Margin
15.4%
39.7%
Operating Margin
4.9%
7.4%
Net Margin
3.6%
4.4%
Revenue YoY
19.8%
20.3%
Net Profit YoY
-0.1%
-61.9%
EPS (diluted)
$1.51
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLMB
CLMB
CSW
CSW
Q4 25
$193.8M
$233.0M
Q3 25
$161.3M
$277.0M
Q2 25
$159.3M
$263.6M
Q1 25
$138.0M
$230.5M
Q4 24
$161.8M
$193.6M
Q3 24
$119.3M
$227.9M
Q2 24
$92.1M
$226.2M
Q1 24
$92.4M
$210.9M
Net Profit
CLMB
CLMB
CSW
CSW
Q4 25
$7.0M
$10.3M
Q3 25
$4.7M
$40.7M
Q2 25
$6.0M
$40.9M
Q1 25
$3.7M
$35.1M
Q4 24
$7.0M
$26.9M
Q3 24
$5.5M
$36.1M
Q2 24
$3.4M
$38.6M
Q1 24
$2.7M
$31.8M
Gross Margin
CLMB
CLMB
CSW
CSW
Q4 25
15.4%
39.7%
Q3 25
15.9%
43.0%
Q2 25
16.5%
43.8%
Q1 25
16.9%
44.2%
Q4 24
19.3%
41.4%
Q3 24
20.3%
45.6%
Q2 24
20.2%
47.5%
Q1 24
18.4%
44.4%
Operating Margin
CLMB
CLMB
CSW
CSW
Q4 25
4.9%
7.4%
Q3 25
4.3%
20.5%
Q2 25
5.0%
20.8%
Q1 25
3.5%
19.5%
Q4 24
7.2%
15.3%
Q3 24
7.1%
22.6%
Q2 24
4.6%
24.3%
Q1 24
3.8%
21.0%
Net Margin
CLMB
CLMB
CSW
CSW
Q4 25
3.6%
4.4%
Q3 25
2.9%
14.7%
Q2 25
3.7%
15.5%
Q1 25
2.7%
15.2%
Q4 24
4.3%
13.9%
Q3 24
4.6%
15.8%
Q2 24
3.7%
17.1%
Q1 24
3.0%
15.1%
EPS (diluted)
CLMB
CLMB
CSW
CSW
Q4 25
$1.51
$0.62
Q3 25
$1.02
$2.41
Q2 25
$1.30
$2.43
Q1 25
$0.81
$2.05
Q4 24
$1.52
$1.60
Q3 24
$1.19
$2.26
Q2 24
$0.75
$2.47
Q1 24
$0.60
$2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLMB
CLMB
CSW
CSW
Cash + ST InvestmentsLiquidity on hand
$36.6M
$40.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$116.6M
$1.1B
Total Assets
$460.2M
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
CSW
CSW
Q4 25
$36.6M
$40.2M
Q3 25
$49.8M
$31.5M
Q2 25
$28.6M
$38.0M
Q1 25
$32.5M
$225.8M
Q4 24
$29.8M
$213.8M
Q3 24
$22.1M
$273.2M
Q2 24
$48.4M
$18.9M
Q1 24
$43.6M
$22.2M
Total Debt
CLMB
CLMB
CSW
CSW
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Q1 24
$1.2M
$166.0M
Stockholders' Equity
CLMB
CLMB
CSW
CSW
Q4 25
$116.6M
$1.1B
Q3 25
$109.3M
$1.1B
Q2 25
$105.2M
$1.1B
Q1 25
$95.6M
$1.1B
Q4 24
$90.6M
$1.0B
Q3 24
$87.7M
$1.0B
Q2 24
$79.8M
$650.2M
Q1 24
$76.4M
$615.7M
Total Assets
CLMB
CLMB
CSW
CSW
Q4 25
$460.2M
$2.3B
Q3 25
$376.1M
$1.5B
Q2 25
$420.7M
$1.5B
Q1 25
$370.1M
$1.4B
Q4 24
$469.2M
$1.4B
Q3 24
$371.9M
$1.4B
Q2 24
$302.8M
$1.1B
Q1 24
$298.3M
$1.0B
Debt / Equity
CLMB
CLMB
CSW
CSW
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.02×
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLMB
CLMB
CSW
CSW
Operating Cash FlowLast quarter
$-11.9M
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
-1.70×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
CSW
CSW
Q4 25
$-11.9M
$28.9M
Q3 25
$22.2M
$61.8M
Q2 25
$-2.2M
$60.6M
Q1 25
$8.5M
$27.3M
Q4 24
$16.0M
$11.6M
Q3 24
$-3.6M
$66.8M
Q2 24
$7.3M
$62.7M
Q1 24
$14.0M
$22.4M
Free Cash Flow
CLMB
CLMB
CSW
CSW
Q4 25
$22.7M
Q3 25
$58.7M
Q2 25
$57.7M
Q1 25
$22.8M
Q4 24
$8.5M
Q3 24
$61.3M
Q2 24
$59.6M
Q1 24
$17.5M
FCF Margin
CLMB
CLMB
CSW
CSW
Q4 25
9.8%
Q3 25
21.2%
Q2 25
21.9%
Q1 25
9.9%
Q4 24
4.4%
Q3 24
26.9%
Q2 24
26.3%
Q1 24
8.3%
Capex Intensity
CLMB
CLMB
CSW
CSW
Q4 25
2.6%
Q3 25
1.1%
Q2 25
1.1%
Q1 25
2.0%
Q4 24
1.6%
Q3 24
2.4%
Q2 24
1.4%
Q1 24
2.3%
Cash Conversion
CLMB
CLMB
CSW
CSW
Q4 25
-1.70×
2.81×
Q3 25
4.73×
1.52×
Q2 25
-0.37×
1.48×
Q1 25
2.30×
0.78×
Q4 24
2.29×
0.43×
Q3 24
-0.66×
1.85×
Q2 24
2.13×
1.62×
Q1 24
5.14×
0.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLMB
CLMB

Distribution Segment$187.9M97%
Solutions Segment$6.0M3%

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

Related Comparisons