SCSC

MKT CAP:$878M

ScanSource, Inc.

Market Cap

$878M

Technology·Technology Distributors·🇺🇸 United States·NASDAQ

Technology·Technology·🇺🇸·NASDAQ

Stock Price

$39.94+$0.88 (+2.25%)

Apr 23, 2026

Company Details

ScanSource, Inc. distributes technology products and solutions in the United States, Canada, and internationally. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology S...

CEO

Michael L. Baur

IPO Date

Mar 18, 1994

Website

www.scansource.com

Key Metrics TTM

Revenue

$3.0B

+0.1% YoY

Net Income

$74M

EPS (Diluted)

$3.23

Free Cash Flow

$119M

Revenue / Share

$136.77

Gross Margin

13.6%

Operating Margin

3.1%

Net Margin

2.4%

FCF Margin

4.0%

P/S

0.3x

P/E

11.9x

Earnings Reports

Q3 2026

May 14, 2026

PENDING

Q2 2026

Feb 5, 2026

$767M+2.5%EPS $0.75

Q1 2026

Nov 6, 2025

$740M-4.6%EPS $0.89

FY 2025

Aug 21, 2025

$3.0B-6.7%EPS $3.00

Q4 2025

Aug 21, 2025

$813M+8.9%EPS $0.85

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$864M	$108M	$31M
Q3 22	$846M	$107M	$33M
Q4 22	$962M	$111M	$27M
Q1 23	$944M	$113M	$35M
Q2 23	$1.0B	$115M	$39M
Q3 23	$886M	$112M	$34M
Q1 24	$876M	$107M	$24M
Q2 24	$885M	$101M	$27M
Q3 24	$753M	$94M	$18M
Q4 24	$746M	$97M	$22M
Q1 25	$776M	$102M	$18M
Q2 25	$747M	$102M	$18M
Q3 25	$705M	$100M	$22M
Q4 25	$813M	$105M	$27M
Q1 26	$740M	$107M	$26M
Q2 26	$767M	$97M	$19M

Valuation

Quarter	P/S	P/E
Q2 22	0.2x	12.9x
Q3 22	0.3x	10.9x
Q4 22	0.2x	9.9x
Q1 23	0.2x	9.7x
Q2 23	0.2x	9.4x
Q3 23	0.2x	9.7x
Q1 24	0.2x	10.2x
Q2 24	0.2x	9.2x
Q3 24	0.3x	10.7x
Q4 24	0.3x	11.4x
Q1 25	0.3x	11.2x
Q2 25	0.3x	14.0x
Q3 25	0.3x	13.0x
Q4 25	0.3x	12.3x
Q1 26	0.3x	11.8x
Q2 26	0.3x	11.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$18M	-$20M
Q3 22	$30M	$29M
Q4 22	-$79M	-$82M
Q1 23	-$48M	-$50M
Q2 23	-$27M	-$29M
Q3 23	$55M	$53M
Q1 24	$94M	$91M
Q2 24	$63M	$61M
Q3 24	$160M	$158M
Q4 24	$55M	$53M
Q1 25	$45M	$42M
Q2 25	-$6M	-$8M
Q3 25	$66M	$65M
Q4 25	$8M	$5M
Q1 26	$23M	$21M
Q2 26	$31M	$29M

Capital Expenditures

Quarter	CapEx
Q2 22	$2M
Q3 22	$681.0K
Q4 22	$4M
Q1 23	$2M
Q2 23	$3M
Q3 23	$2M
Q1 24	$2M
Q2 24	$3M
Q3 24	$2M
Q4 24	$1M
Q1 25	$2M
Q2 25	$2M
Q3 25	$1M
Q4 25	$3M
Q1 26	$2M
Q2 26	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-10.1%	-11.5%
Q3 22	-16.0%	-17.7%
Q4 22	+16.8%	+16.1%
Q1 23	+10.1%	+9.9%
Q2 23	+17.0%	+16.7%
Q3 23	+4.7%	+4.7%
Q1 24	-8.9%	-8.8%
Q2 24	-6.3%	-5.6%
Q3 24	-25.6%	-24.4%
Q4 24	-15.7%	-14.9%
Q1 25	-11.5%	-11.1%
Q2 25	-15.5%	-15.0%
Q3 25	-6.3%	-7.1%
Q4 25	+8.9%	+8.5%
Q1 26	-4.6%	-5.8%
Q2 26	+2.5%	+2.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$3M	0.4%
Q3 22	$3M	0.3%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$3M	0.3%
Q1 24	$0	0.0%
Q2 24	$3M	0.3%
Q3 24	$2M	0.3%
Q4 24	$2M	0.2%
Q1 25	$2M	0.3%
Q2 25	$3M	0.4%
Q3 25	$3M	0.4%
Q4 25	$3M	0.3%
Q1 26	$3M	0.4%
Q2 26	$4M	0.5%

OpEx Breakdown

Quarter	SG&A
Q3 22	$67M
Q4 22	$76M
Q1 23	$72M
Q2 23	$69M
Q3 23	$71M
Q1 24	$75M
Q2 24	$67M
Q3 24	$67M
Q4 24	$68M
Q1 25	$72M
Q2 25	$74M
Q3 25	$70M
Q4 25	$72M
Q1 26	$75M
Q2 26	$78M

Revenue Segments

Quarter	Modern Communications & Cloud	Specialty Technology Solutions	Products and Services	Recurring Revenue
Q4 22	$382M	$581M	—	—
Q2 25	—	—	$711M	$36M
Q3 25	—	—	$665M	$40M
Q1 26	—	—	$703M	$37M
Q2 26	—	—	$724M	$42M

Revenue by Geography

Quarter	Non-US	United States and Canada	Brazil	United States
Q2 22	$90M	$775M	—	—
Q3 22	$81M	$766M	—	—
Q1 23	$84M	$862M	—	—
Q2 23	$102M	$911M	—	—
Q3 23	$77M	$812M	—	—
Q1 24	$85M	$792M	—	—
Q2 24	$89M	$798M	—	—
Q3 24	$81M	$673M	—	—
Q2 25	$100.0K	$690M	$60M	—
Q3 25	$100.0K	$658M	$48M	—
Q1 26	—	—	$57M	$683M
Q2 26	—	—	$59M	$709M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$44M	$0	$44M
Q4 22	$38M	$0	$38M
Q1 23	$40M	$0	$40M
Q2 23	$66M	$0	$66M
Q3 23	$37M	$0	$37M
Q4 23	$36M	$0	$36M
Q1 24	$43M	$0	$43M
Q2 24	$45M	$0	$45M
Q3 24	$159M	$0	$159M
Q4 24	$185M	$0	$185M
Q1 25	$145M	$0	$145M
Q2 25	$111M	$0	$111M
Q3 25	$146M	$0	$146M
Q4 25	$126M	$0	$126M
Q1 26	$125M	$0	$125M
Q2 26	$83M	$0	$83M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	26M	+0.8%	+0.8%
Q3 22	26M	-0.2%	+0.9%
Q4 22	26M	-1.0%	+0.9%
Q1 23	25M	-0.5%	-1.0%
Q2 23	26M	+0.2%	-1.5%
Q3 23	25M	-0.2%	-1.6%
Q1 24	25M	-1.0%	-1.6%
Q2 24	25M	+0.6%	-0.5%
Q3 24	25M	+0.4%	-0.3%
Q4 24	25M	-1.5%	-1.5%
Q1 25	25M	-1.6%	-2.1%
Q2 25	24M	-1.7%	-4.4%
Q3 25	24M	-2.5%	-7.2%
Q4 25	24M	+0.5%	-5.3%
Q1 26	22M	-5.5%	-9.1%
Q2 26	22M	-1.3%	-8.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$392.8K	2K
Q3 22	$384.5K	2K
Q4 22	$356.4K	3K
Q1 23	$349.6K	3K
Q2 23	$374.5K	3K
Q3 23	$328.0K	3K
Q1 24	$381.0K	2K
Q2 24	$384.7K	2K
Q3 24	$327.2K	2K
Q4 24	$324.4K	2K
Q1 25	$337.2K	2K
Q2 25	$325.0K	2K
Q3 25	$306.5K	2K
Q4 25	$387.1K	2K
Q1 26	$352.2K	2K
Q2 26	$365.0K	2K

Revenue / Employee