Ingram Micro Forecasts $17.5B-$17.9B Q4 Sales; GPU and AI Infrastructure Sales Top $1.8B

Ingram Micro Holding Corporation forecast fourth-quarter fiscal 2026 net sales of $17.5 billion to $17.9 billion, while GPU and AI infrastructure sales topped $1.8 billion in Q3.

Ingram Micro also projected non-GAAP diluted earnings per share (EPS) of $1.05 to $1.15.

Sales tied to GPUs and AI infrastructure climbed nearly 160% year over year in Q3. Management described demand as long-term and durable. Management also noted that large deals can be lumpy.

Reported gross margin was 6.55%, down 35 basis points from a year earlier. Excluding GPU and AI infrastructure deals from both periods, gross margin was 7.06%, compared with 7.10% in the year-earlier quarter.