INGRAM MICRO BILISIM SISTEMLERI ANONIM SIRKETI

Income Statement Ingram Micro Bilisim Sistemleri Anonim Sirketi

Stocks

INGRM

TREARMD00010

Computer Hardware

Delayed Borsa Istanbul 10:56:20 2026-09-29 EDT			5-day change	1st Jan Change
302.50 ^TRY	-3.89%		-5.17%	-26.40%

08-14	Ingram Micro Bilisim Sistemleri Anonim Sirketi Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-08	Ingram Micro Bilisim Sistemleri Anonim Sirketi Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: INGRAM MICRO BILISIM SISTEMLERI ANONIM SIRKETI

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Revenues	4.58B	10.33B	16.19B	21.25B	27.19B
Total Revenues	4.58B	10.33B	16.19B	21.25B	27.19B
Cost of Goods Sold, Total	4.38B	9.82B	15.37B	20.01B	25.66B
Gross Profit	205M	509M	822M	1.24B	1.53B
Selling General & Admin Expenses, Total	78.87M	174M	382M	668M	904M
Other Operating Expenses	-10.97M	-12.97M	-50.34M	-70.27M	-108M
Other Operating Expenses, Total	67.89M	161M	332M	598M	796M
Operating Income	137M	348M	490M	645M	729M
Interest Expense, Total	-21.64M	-57.73M	-150M	-300M	-410M
Interest And Investment Income	318K	1.47M	5.03M	12.03M	81.16M
Net Interest Expenses	-21.33M	-56.27M	-145M	-288M	-328M
Currency Exchange Gains (Loss)	-37.28M	-98.81M	-208M	-64.72M	-353M
Other Non Operating Income (Expenses)	-3.3M	-11.9M	-31.15M	-60.11M	-62.19M
EBT, Excl. Unusual Items	75.3M	181M	107M	232M	-14M
EBT, Incl. Unusual Items	75.3M	181M	107M	232M	-14M
Income Tax Expense	89.84M	104M	130M	19.84M	106M
Earnings From Continuing Operations	-14.54M	76.5M	-23.03M	213M	-120M
Net Income to Company	-14.54M	76.5M	-23.03M	213M	-120M
Minority Interest	-2.16M	-9.62M	-4.6M	-31.79M	-23.3M
Net Income - (IS)	-16.7M	66.89M	-27.63M	181M	-143M
Net Income to Common Incl Extra Items	-16.7M	66.89M	-27.63M	181M	-143M
Net Income to Common Excl. Extra Items	-16.7M	66.89M	-27.63M	181M	-143M
Per Share Items
Net EPS - Basic	-0.7	2.79	-1.15	7.53	-5.97
Basic EPS - Continuing Operations	-0.7	2.79	-1.15	7.53	-5.97
Basic Weighted Average Shares Outstanding	24M	24M	24M	24M	24M
Net EPS - Diluted	-0.7	2.79	-1.15	7.53	-5.97
Diluted EPS - Continuing Operations	-0.7	2.79	-1.15	7.53	-5.97
Diluted Weighted Average Shares Outstanding	24M	24M	24M	24M	24M
Normalized Basic EPS	1.87	4.31	2.58	4.73	-1.34
Normalized Diluted EPS	1.87	4.31	2.58	4.73	-1.34
Dividend Per Share	-	5.34	-	-	-
Payout Ratio	-	-	-463.98	-	-
Supplemental Items
EBITDA	141M	355M	504M	666M	746M
EBITA	137M	348M	490M	645M	729M
EBIT	137M	348M	490M	645M	729M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	119.32	57.69	121.62	8.54	-757.69
Total Current Taxes	85.2M	99.79M	181M	1.02M	58.69M
Total Deferred Taxes	4.64M	4.51M	-51.53M	18.81M	47.4M
Normalized Net Income	44.9M	103M	61.97M	113M	-32.05M
Interest on Long-Term Debt	2.15M	3.26M	13.22M	16.27M	22.45M
Supplemental Operating Expense Items
Marketing Expenses	38.95M	79.84M	187M	321M	426M
Selling and Marketing Expenses	38.95M	79.84M	187M	321M	426M
General and Administrative Expenses	39.92M	94.28M	196M	347M	478M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	1.3M	2.39M	7.31M	9.66M	13.86M

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Assets
Cash And Equivalents	106M	855M	383M	545M	138M
Total Cash And Short Term Investments	106M	855M	383M	545M	138M
Accounts Receivable, Total	2.55B	4.7B	6.43B	9.64B	14.3B
Other Receivables	69.69K	317K	-	17.6M	-
Total Receivables	2.55B	4.7B	6.43B	9.65B	14.3B
Inventory	445M	1.02B	982M	1.01B	1.92B
Prepaid Expenses	4.51M	8.24M	13.09M	23.2M	24.79M
Other Current Assets, Total	8.65M	24.46M	1.02M	5.42M	2.08M
Total Current Assets	3.11B	6.6B	7.81B	11.24B	16.39B
Gross Property Plant And Equipment	94.91M	192M	283M	271M	329M
Accumulated Depreciation	-74.95M	-115M	-43.08M	-26.44M	-50.13M
Net Property Plant And Equipment	19.95M	76.93M	239M	244M	279M
Other Intangibles, Total	336K	12.56M	45.43M	45.63M	49.07M
Deferred Tax Assets Long-Term	-	3.36M	65.09M	57.67M	20.25M
Total Assets	3.13B	6.7B	8.16B	11.58B	16.73B
Liabilities
Accounts Payable, Total	1.6B	3.63B	4.07B	4.97B	7.67B
Accrued Expenses, Total	146M	271M	634M	597M	327M
Short-term Borrowings	16.01M	359M	187M	545M	1.04B
Current Portion of Long-Term Debt	-	1.08B	1.12B	1.52B	1.41B
Current Portion of Leases	1.51M	6.97M	24.94M	36.5M	52.39M
Current Income Taxes Payable	50.28M	33.46M	35.66M	-	6.36M
Unearned Revenue Current, Total	-	-	-	839M	1.58B
Other Current Liabilities	2.01M	5.28M	4.53M	7.09M	10.19M
Total Current Liabilities	1.82B	5.39B	6.08B	8.52B	12.1B
Long-Term Debt	683M	284M	598M	1.07B	2.38B
Long-Term Leases	6.95M	34.29M	134M	156M	195M
Pension & Other Post Retirement Benefits	3.51M	7.37M	5.93M	9.37M	14.93M
Deferred Tax Liability Non Current	140K	5.09M	-	-	-
Total Liabilities	2.51B	5.72B	6.82B	9.75B	14.69B
Common Stock, Total	24M	24M	24M	24M	24M
Retained Earnings	64.45M	135M	-21.02M	160M	-15.21M
Comprehensive Income and Other	520M	797M	1.3B	1.58B	1.93B
Total Common Equity	608M	956M	1.31B	1.76B	1.94B
Minority Interest	11.85M	22.63M	34.76M	70.46M	99.94M
Total Equity	620M	979M	1.34B	1.83B	2.04B
Total Liabilities And Equity	3.13B	6.7B	8.16B	11.58B	16.73B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	24M	24M	24M	24M	24M
ECS Total Common Shares Outstanding	24M	24M	24M	24M	24M
Book Value / Share	25.33	39.83	54.47	73.41	80.83
Tangible Book Value	608M	943M	1.26B	1.72B	1.89B
Tangible Book Value Per Share	25.32	39.31	52.58	71.51	78.78
Total Debt	708M	1.77B	2.07B	3.33B	5.08B
Net Debt	602M	910M	1.68B	2.78B	4.95B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	11.85M	22.63M	34.76M	70.46M	99.94M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	446M	1.02B	985M	1.01B	1.92B
Land - (BS)	41.76K	60.17K	94.73K	113K	138K
Buildings, Total	-	4.16M	6.55M	7.84M	9.54M
Machinery, Total	58.93M	96.36M	71.13M	24.9M	31.46M
Full Time Employees	173	188	184	195	182
Accumulated Allowance for Doubtful Accounts (Supple)	94.51M	151M	242M	280M	400M

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Net Income	-16.7M	66.89M	-27.63M	181M	-143M
Depreciation & Amortization - CF	4.77M	10M	39.59M	56.09M	58.51M
Amortization of Goodwill and Intangible Assets - (CF)	35.63K	66.59K	155K	95.92K	115K
Depreciation & Amortization, Total	4.81M	10.07M	39.74M	56.18M	58.63M
Amortization of Deferred Charges, Total - (CF)	55.9K	258K	3.01M	5.57M	5.82M
(Gain) Loss From Sale Of Asset	-11.89K	276K	123K	49.64K	-36.18K
Provision and Write-off of Bad Debts	497K	3.84M	1.53M	17.67M	47.77M
Other Operating Activities, Total	69.83M	68.98M	133M	240M	444M
Change In Accounts Receivable	-242M	-821M	744M	-1.84B	-2.39B
Change In Inventories	-52.49M	-309M	500M	153M	-634M
Change In Accounts Payable	-38.98M	1.13B	-1.17B	187M	1.15B
Change in Unearned Revenues	-	-	-	571M	517M
Change in Other Net Operating Assets	21.9M	25.71M	-17.01M	91.67M	13.16M
Cash from Operations	-253M	172M	205M	-337M	-939M
Capital Expenditure	-2.18M	-22.63M	-42.53M	-8M	-1.47M
Sale of Property, Plant, and Equipment	220K	270K	3.67M	19.95M	196K
Sale (Purchase) of Intangible assets	-	-10.79M	-20.18M	2.44M	-
Cash from Investing	-1.96M	-33.15M	-59.05M	14.39M	-1.27M
Long-Term Debt Issued, Total	9.13B	4.13B	6.67B	4.98B	3.72B
Total Debt Issued	9.13B	4.13B	6.67B	4.98B	3.72B
Long-Term Debt Repaid, Total	-9.07B	-3.59B	-7.25B	-4.25B	-2.85B
Total Debt Repaid	-9.07B	-3.59B	-7.25B	-4.25B	-2.85B
Common Dividends Paid	-	-	-128M	-	-
Common & Preferred Stock Dividends Paid	-	-	-128M	-	-
Other Financing Activities, Total	-18.32M	-77.44M	-113M	-254M	-345M
Cash from Financing	47.83M	463M	-819M	480M	533M
Foreign Exchange Rate Adjustments	69.07M	114M	201M	4.48M	-37.23K
Net Change in Cash	-138M	715M	-472M	162M	-407M
Supplemental Items
Cash Interest Paid	18.64M	47.26M	119M	266M	377M
Cash Income Tax Paid (Refund)	37.39M	122M	156M	18.58M	56.8M
Levered Free Cash Flow	-685M	-393M	-679M	-1.33B	-2.11B
Unlevered Free Cash Flow	-672M	-357M	-586M	-1.14B	-1.86B
Change In Net Working Capital	760M	552M	872M	1.6B	2.37B
Net Debt Issued / Repaid	66.15M	540M	-577M	734M	878M

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Profitability
Return on Assets	3.53	4.34	4.12	4.09	3.22
Return on Total Capital	8.42	10.45	9.96	9.41	7.42
Return On Equity %	-2.99	9.44	-1.98	13.39	-6.2
Return on Common Equity	-3.5	8.43	-2.44	11.78	-7.75
Margin Analysis
Gross Profit Margin %	4.48	4.93	5.08	5.85	5.61
SG&A Margin	1.72	1.69	2.36	3.14	3.32
EBITDA Margin %	3.07	3.44	3.11	3.13	2.74
EBITA Margin %	2.99	3.37	3.03	3.04	2.68
EBIT Margin %	2.99	3.37	3.03	3.04	2.68
Income From Continuing Operations Margin %	-0.32	0.74	-0.14	1	-0.44
Net Income Margin %	-0.36	0.65	-0.17	0.85	-0.53
Net Avail. For Common Margin %	-0.36	0.65	-0.17	0.85	-0.53
Normalized Net Income Margin	0.98	1	0.38	0.53	-0.12
Levered Free Cash Flow Margin	-14.96	-3.81	-4.19	-6.24	-7.77
Unlevered Free Cash Flow Margin	-14.66	-3.46	-3.62	-5.35	-6.83
Asset Turnover
Asset Turnover	1.88	2.06	2.18	2.15	1.92
Fixed Assets Turnover	249.91	211.3	102.38	87.89	103.9
Receivables Turnover (Average Receivables)	2.42	2.8	2.91	2.65	2.27
Inventory Turnover (Average Inventory)	13.4	13.13	15.36	20.09	17.54
Short Term Liquidity
Current Ratio	1.71	1.23	1.28	1.32	1.35
Quick Ratio	1.46	1.03	1.12	1.2	1.19
Operating Cash Flow to Current Liabilities	-0.14	0.03	0.03	-0.04	-0.08
Days Sales Outstanding (Average Receivables)	150.8	130.24	125.39	138.34	160.71
Days Outstanding Inventory (Average Inventory)	27.25	27.81	23.76	18.22	20.81
Average Days Payable Outstanding	99.98	93.67	91.64	80.84	86.82
Cash Conversion Cycle (Average Days)	78.07	64.37	57.5	75.71	94.7
Long Term Solvency
Total Debt/Equity	114.18	180.44	153.92	181.67	249.24
Total Debt / Total Capital	53.31	64.34	60.62	64.5	71.37
LT Debt/Equity	111.35	32.51	54.52	66.98	126.42
Long-Term Debt / Total Capital	51.99	11.59	21.47	23.78	36.2
Total Liabilities / Total Assets	80.2	85.39	83.55	84.18	87.81
EBIT / Interest Expense	6.34	6.02	3.27	2.15	1.78
EBITDA / Interest Expense	6.56	6.2	3.53	2.34	1.92
(EBITDA - Capex) / Interest Expense	6.46	5.81	3.25	2.31	1.92
Total Debt / EBITDA	4.98	4.93	3.9	4.75	6.45
Net Debt / EBITDA	4.24	2.54	3.18	3.97	6.28
Total Debt / (EBITDA - Capex)	5.06	5.27	4.24	4.8	6.46
Net Debt / (EBITDA - Capex)	4.3	2.72	3.45	4.01	6.29
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	47.73	116.15	56.84	31.23	27.93
Gross Profit, 1 Yr. Growth %	63.03	125.45	61.58	51.16	22.72
EBITDA, 1 Yr. Growth %	76.69	141.38	41.9	32.26	12.02
EBITA, 1 Yr. Growth %	83.86	142.92	40.96	31.63	13.02
EBIT, 1 Yr. Growth %	83.88	142.93	40.94	31.65	13.02
Earnings From Cont. Operations, 1 Yr. Growth %	-189.48	-478.61	-130.1	-1.02K	-156.51
Net Income, 1 Yr. Growth %	-211.44	-399.08	-141.31	-754.11	-179.35
Normalized Net Income, 1 Yr. Growth %	94.99	124.43	-40.06	83.04	-128.25
Diluted EPS Before Extra, 1 Yr. Growth %	-211.44	-399.08	-141.31	-754.11	-179.35
Accounts Receivable, 1 Yr. Growth %	105.22	75.83	36.87	49.88	48.46
Inventory, 1 Yr. Growth %	113.86	113.87	-3.69	2.89	89.73
Net Property, Plant and Equip., 1 Yr. Growth %	19.37	269.92	211.21	1.97	14.34
Total Assets, 1 Yr. Growth %	80.68	101.21	21.8	42.01	44.46
Tangible Book Value, 1 Yr. Growth %	75.17	49.76	33.75	36.01	10.17
Common Equity, 1 Yr. Growth %	75.13	51.63	36.75	34.77	10.1
Cash From Operations, 1 Yr. Growth %	1.01K	-165.02	19.38	-264.43	179.04
Capital Expenditures, 1 Yr. Growth %	-20.2	870.61	87.93	-81.18	-81.67
Levered Free Cash Flow, 1 Yr. Growth %	526.01	-46.39	72.56	95.07	59.34
Unlevered Free Cash Flow, 1 Yr. Growth %	587.15	-50.34	63.75	94.27	63.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	50.13	82.45	84.12	43.46	29.57
Gross Profit, 2 Yr. CAGR %	48.33	101.13	90.86	56.28	36.2
EBITDA, 2 Yr. CAGR %	67.5	111.22	85.07	36.99	21.72
EBITA, 2 Yr. CAGR %	72.99	115.87	85.04	36.22	21.97
EBIT, 2 Yr. CAGR %	72.97	115.89	85.04	36.22	21.98
Earnings From Cont. Operations, 2 Yr. CAGR %	6.02	116.96	6.75	66.67	128.37
Net Income, 2 Yr. CAGR %	37.07	111.26	11.15	64.37	127.82
Normalized Net Income, 2 Yr. CAGR %	100.59	111.89	15.98	4.74	-28.09
Diluted EPS Before Extra, 2 Yr. CAGR %	37.07	111.26	11.15	64.37	127.82
Accounts Receivable, 2 Yr. CAGR %	81.83	94.58	55.13	43.22	49.17
Inventory, 2 Yr. CAGR %	110.85	121.24	43.52	-0.45	39.72
Net Property, Plant and Equip., 2 Yr. CAGR %	8.32	114.53	239.3	78.14	7.98
Total Assets, 2 Yr. CAGR %	68.51	96.61	56.55	31.52	43.23
Tangible Book Value, 2 Yr. CAGR %	50.7	64.91	41.53	34.88	22.41
Common Equity, 2 Yr. CAGR %	50.67	65.94	44	35.76	21.81
Cash From Operations, 2 Yr. CAGR %	168.56	175.01	-11.97	40.11	114.2
Capital Expenditures, 2 Yr. CAGR %	-19.47	187.62	327.09	-40.53	-81.43
Levered Free Cash Flow, 2 Yr. CAGR %	662.46	89.56	-3.78	83.47	76.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	4.33K	91.17	-9.79	78.36	78.02
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	38.82	71.89	73.48	64.47	38.09
Gross Profit, 3 Yr. CAGR %	30.45	76.08	86.97	76.58	44.18
EBITDA, 3 Yr. CAGR %	37.97	92.06	84.99	65.46	28.11
EBITA, 3 Yr. CAGR %	38.72	96.48	87.28	65.18	28
EBIT, 3 Yr. CAGR %	38.71	96.47	87.28	65.19	28
Earnings From Cont. Operations, 3 Yr. CAGR %	177.8	80.82	12.32	119.09	16.22
Net Income, 3 Yr. CAGR %	152.69	95.96	22.62	100.67	28.94
Normalized Net Income, 3 Yr. CAGR %	60.65	110.02	39.09	35.03	-32.32
Diluted EPS Before Extra, 3 Yr. CAGR %	152.69	95.96	22.62	100.67	28.94
Accounts Receivable, 3 Yr. CAGR %	62.48	82.71	73.05	53.36	44.95
Inventory, 3 Yr. CAGR %	75.88	116.69	67.68	28.45	23.42
Net Property, Plant and Equip., 3 Yr. CAGR %	55.22	65.39	142.85	127.28	53.67
Total Assets, 3 Yr. CAGR %	53.04	82.46	67.6	51.54	35.7
Tangible Book Value, 3 Yr. CAGR %	38.49	52.2	53.79	39.66	26.08
Common Equity, 3 Yr. CAGR %	38.48	52.82	55.57	40.85	26.6
Cash From Operations, 3 Yr. CAGR %	37.73	69.78	108.12	8.41	76.28
Capital Expenditures, 3 Yr. CAGR %	0.4	88.74	149.58	50.85	-59.83
Levered Free Cash Flow, 3 Yr. CAGR %	293.83	221.95	83.76	21.78	75.05
Unlevered Free Cash Flow, 3 Yr. CAGR %	220.76	914.67	81.6	16.49	73.13
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	34.41	50.51	56.72	59.9	54.36
Gross Profit, 5 Yr. CAGR %	29.25	48.8	54.84	67.88	64.72
EBITDA, 5 Yr. CAGR %	39	60.05	56.57	67.78	56.47
EBITA, 5 Yr. CAGR %	40.24	61.29	56.99	69.7	57.76
EBIT, 5 Yr. CAGR %	40.27	61.31	56.98	69.7	57.77
Earnings From Cont. Operations, 5 Yr. CAGR %	12.69	43.55	102.38	75.02	49.18
Net Income, 5 Yr. CAGR %	15.85	39.54	92.88	82.65	57.1
Normalized Net Income, 5 Yr. CAGR %	35.38	57.52	41.74	59.01	6.83
Diluted EPS Before Extra, 5 Yr. CAGR %	15.88	39.54	92.88	82.65	57.1
Accounts Receivable, 5 Yr. CAGR %	43.84	52.72	61.04	65.76	63.07
Inventory, 5 Yr. CAGR %	44.66	63.28	64.35	58.75	55.88
Net Property, Plant and Equip., 5 Yr. CAGR %	39.69	82.63	113.99	70.38	75.61
Total Assets, 5 Yr. CAGR %	41.59	54.56	56.34	60.07	57.39
Tangible Book Value, 5 Yr. CAGR %	34.21	42.08	40.71	45.02	40.37
Common Equity, 5 Yr. CAGR %	34.19	42.43	41.68	45.75	41.07
Cash From Operations, 5 Yr. CAGR %	68.93	49.68	16.14	57.17	110.53
Capital Expenditures, 5 Yr. CAGR %	6.73	64.13	81.54	18.92	-11.71
Levered Free Cash Flow, 5 Yr. CAGR %	68.15	58.11	127.21	157.14	80.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	68.96	58.42	95.78	406.27	80.16