ScanSource, Inc. (SCSC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.14	$1.46	+28.1%	—	$953.1M	—
Q3 26	$0.92	$0.94	+2.2%	—	$766.8M	—
Q2 26	$1.01	$0.8	-20.8%	—	$766.5M	—
Q1 26	$0.93	$1.06	+14.0%	—	$739.6M	—
Q4 25	$0.92	$1.02	+10.9%	—	$812.9M	—
Q3 25	$0.78	$0.86	+10.3%	—	$704.8M	—
Q2 25	$0.91	$0.85	-6.6%	—	$747.5M	—
Q1 25	$0.78	$0.84	+7.7%	—	$775.6M	—
Q4 24	$0.93	$0.8	-14.0%	—	$746.1M	—
Q3 24	$0.84	$0.69	-17.9%	—	$752.6M	—
Q2 24	$0.97	$0.85	-12.4%	—	$884.8M	—
Q1 24	$0.9	$0.74	-17.8%	—	$876.3M	—
Q4 23	$0.75	$0.76	+1.3%	—	$947.1M	—
Q3 23	$0.9	$0.96	+6.7%	—	$885.5M	—
Q2 23	$1.04	$1.06	+1.9%	—	$1B	—
Q1 23	$1.05	$1.07	+1.9%	—	$943.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$3.69	—	—	$3.2B	—
FY25	—	$3.05	—	—	$3B	—
FY24	—	$3.1	—	—	$3.3B	—
FY23	—	$3.57	—	—	$3.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$3.6B	$3.2B	$3.2B	$3B	$3.2B	$3.5B	$3.8B	$3.3B	$3B	$3.2B
YoY change	+0.79%	-11.3%	+2.69%	-6.22%	+3.38%	+12%	+7.3%	-13.9%	-6.72%	+6.09%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3.6B	3.2B	3.2B	3B	3.2B	3.5B	3.8B	3.3B	3B	3.2B
Cost of revenue	3.2B	2.8B	2.9B	2.7B	2.8B	3.1B	3.3B	2.9B	2.6B	2.8B
Gross profit	383.6M	369.3M	392.8M	355.6M	350.7M	426.5M	449.2M	399.1M	408.6M	437.4M
Gross margin	10.8%	11.7%	12.1%	11.7%	11.1%	12.1%	11.9%	12.2%	13.4%	13.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	265.2M	232.3M	244.3M	259.5M	247.4M	275.4M	285.7M	277.4M	286.9M	313.2M
Operating expenses	265.2M	232.3M	244.3M	259.5M	247.4M	275.4M	285.7M	277.4M	286.9M	313.2M
Operating income	93.5M	106M	118.6M	63M	71.3M	122.2M	135.9M	94.7M	92.5M	101.5M
Operating margin	2.62%	3.35%	3.65%	2.07%	2.26%	3.46%	3.59%	2.9%	3.04%	3.15%
Non-operating income, net	5.9M	-37.6M	-23.6M	-128.4M	-9.9M	-1.4M	-1.7M	8.8M	-1.3M	-3.4M
Pretax income	101.5M	63M	83.6M	-71.8M	57.5M	118.6M	121.8M	99.8M	94.4M	103.7M
Income tax	32.2M	27.6M	18.8M	7.5M	12.1M	29.9M	33.8M	22.8M	22.8M	24.9M
Net income	69.2M	33.2M	57.6M	-192.7M	10.8M	88.8M	89.8M	77.1M	71.5M	78.9M
Net margin	1.94%	1.05%	1.77%	-6.32%	0.34%	2.52%	2.37%	2.36%	2.35%	2.44%
EBITDA	134.9M	143.7M	154.3M	103.8M	107.7M	155M	170.3M	131.1M	139.9M	136.8M
EPS	2.74	1.3	2.25	-7.59	0.42	3.48	3.57	3.1	3.05	3.69
Diluted EPS	2.71	1.29	2.24	-7.59	0.42	3.45	3.54	3.06	3	3.64

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	876.3M	884.8M	752.6M	746.1M	775.6M	747.5M	704.8M	812.9M	739.6M	766.5M	766.8M	953.1M
Cost of revenue	769.8M	784M	658.1M	648.8M	674M	645.8M	604.6M	707.8M	632.2M	663.6M	659.7M	833.3M
Gross profit	106.5M	100.7M	94.5M	97.3M	101.6M	101.7M	100.2M	105.1M	107.5M	102.9M	107.1M	119.8M
Gross margin	12.2%	11.4%	12.6%	13%	13.1%	13.6%	14.2%	12.9%	14.5%	13.4%	14%	12.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	75.4M	66.9M	66.6M	68.5M	71.7M	73.9M	69.7M	71.6M	75.3M	78.1M	78.1M	81.7M
Operating expenses	75.4M	66.9M	66.6M	68.5M	71.7M	73.9M	69.7M	71.6M	75.3M	78.1M	78.1M	81.7M
Operating income	24.1M	26.8M	21.5M	22.3M	22.7M	19.9M	23.2M	26.6M	26.2M	19.1M	23.6M	32.6M
Operating margin	2.75%	3.03%	2.85%	2.99%	2.93%	2.66%	3.3%	3.28%	3.54%	2.49%	3.07%	3.42%
Non-operating income, net	-677K	14.5M	-4.2M	-810K	-286K	-913K	-22K	-97K	-487K	-1.1M	-656K	-1.2M
Pretax income	19.1M	40M	18M	22.7M	23M	19.7M	24.2M	27.5M	27M	19.4M	24.1M	33.3M
Income tax	3.7M	7.3M	5.1M	6.6M	6M	2.7M	6.8M	7.4M	7.1M	2.9M	7.2M	7.7M
Net income	15.4M	32.7M	12.8M	16.1M	17M	17.1M	17.4M	20.1M	19.9M	16.5M	16.9M	25.6M
Net margin	1.76%	3.7%	1.7%	2.16%	2.19%	2.28%	2.47%	2.47%	2.69%	2.15%	2.2%	2.69%
EBITDA	32.6M	36.1M	30.6M	32.4M	37.9M	31.3M	34.6M	36.3M	35.8M	29.2M	31.9M	40M
EPS	0.62	1.31	0.51	—	0.7	0.72	0.75	—	0.9	0.75	0.79	1.26
Diluted EPS	0.61	1.29	0.5	—	0.69	0.7	0.74	—	0.89	0.75	0.78	1.24

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1B	1B	834.9M	611.4M	715.1M	794.2M	743.2M	1.1B	980.1M	1.1B	1.2B
Enterprise value	1.1B	1.3B	1.1B	825.8M	816.4M	1B	1.1B	1.1B	1B	1.1B	1.2B
Shares outstanding	25.3M	25.5M	25.6M	25.4M	25.4M	25.5M	25.1M	24.9M	23.4M	21.4M	21.4M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	14.7	31	14.5	—	66.2	8.94	8.28	14.3	13.7	14.1	16
P/S	0.29	0.33	0.26	0.2	0.23	0.22	0.2	0.34	0.32	0.35	0.36
P/B	1.22	1.19	0.91	0.9	0.98	0.98	0.82	1.19	1.08	1.22	1.28
EV/EBITDA	7.87	8.72	7.41	7.96	7.58	6.74	6.17	8.17	7.16	8.31	9.31
EV/Sales	0.3	0.4	0.35	0.27	0.26	0.3	0.28	0.33	0.33	0.35	0.37
Earnings yield	6.79%	3.22%	6.9%	—	1.51%	11.2%	12.1%	6.99%	7.3%	7.08%	6.25%
FCF yield	8.08%	1.73%	-3.94%	28.1%	12.2%	-16.5%	-6.16%	33%	10.6%	10.2%	8.17%
PEG	—	—	—	—	—	—	—	—	—	—	10.1

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	10.8%	11.7%	12.1%	11.7%	11.1%	12.1%	11.9%	12.2%	13.4%	13.6%	12.6%
Operating margin	2.62%	3.35%	3.65%	2.07%	2.26%	3.46%	3.59%	2.9%	3.04%	3.15%	3.55%
Net margin	1.94%	1.05%	1.77%	-6.32%	0.34%	2.52%	2.37%	2.36%	2.35%	2.44%	2.44%
ROE	8.27%	3.83%	6.3%	-28.4%	1.48%	11%	9.92%	8.34%	7.89%	8.66%	8.68%
ROA	4.03%	1.7%	2.79%	-11.4%	0.65%	4.58%	4.34%	4.33%	4.01%	4.08%	3.49%
ROIC	7.26%	5.47%	7.52%	7.06%	6.75%	8.64%	8.1%	8.19%	7.56%	8.27%	8.27%
Return on tangible assets	6.22%	3.08%	4.79%	-18.9%	1.05%	6.63%	6%	5.97%	5.97%	6%	6%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.95	1.92	2.11	1.67	1.66	1.87	2.11	2.1	2.01	1.76	1.75
Quick ratio	1.14	1.08	1.32	1.04	1.02	1.12	1.14	1.33	1.3	1.15	1.15
Debt / equity	0.12	0.29	0.36	0.36	0.22	0.36	0.38	0.17	0.16	0.12	0.12
Debt / assets	0.06	0.13	0.16	0.14	0.1	0.15	0.17	0.09	0.08	0.06	0.06
Net debt / EBITDA	0.31	1.56	2	2.07	0.94	1.62	1.81	-0.24	0.15	0.16	0.16
Interest coverage	32.6	7.91	7.35	-4.87	9.3	19.2	7.16	8.66	12.8	16.7	16.7
Effective tax rate	31.8%	43.8%	22.5%	0%	21.1%	25.2%	27.7%	22.8%	24.2%	24%	24%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	140.9	124	126.7	120.1	123.9	138.4	150.7	131.1	129.7	150.9	150.9
EPS (basic)	2.74	1.3	2.25	-7.59	0.42	3.48	3.57	3.1	3.05	3.69	3.69
EPS (diluted)	2.71	1.29	2.24	-7.59	0.42	3.45	3.54	3.06	3	3.64	3.61
Book value per share	33.1	33.9	35.6	26.7	28.8	31.6	36	37.2	38.7	42.6	45.2
FCF per share	3.26	0.7	-1.28	6.77	3.43	-5.14	-1.82	14.6	4.44	5.32	5.5
Cash per share	2.22	1	0.75	1.16	2.47	1.49	1.44	7.46	5.38	4.13	4.39
Capex per share	—	—	—	—	—	—	—	—	0.35	0.43	0.45

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	—	—	—	—	—	—	—	—	0.27%	0.29%	0.29%
Capex / operating cash flow	—	—	—	—	—	—	—	—	7.38%	7.54%	7.54%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Yield

—

trailing twelve months

Frequency

Weekly

Last dividend

$0.00

ex-dividend Jun 11, 2014

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 11, 2014	$0.00
Jun 5, 2014	$0.00
May 20, 2014	$0.00
May 16, 2014	$0.00
Apr 2, 2014	$0.00

Split history

Date	Ratio
Jun 6, 2006	2:1
Jan 29, 2003	2:1

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$876.3M	$884.8M	$752.6M	$746.1M	$775.6M	$747.5M	$704.8M	$812.9M	$739.6M	$766.5M	$766.8M	$953.1M
YoY change	-7.15%	-12.5%	-15%	-21.2%	-11.5%	-15.5%	-6.34%	+8.95%	-4.63%	+2.54%	+8.79%	+17.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	56.1M	25.5M	19.3M	29.5M	62.7M	38M	36.2M	185.5M	126.2M	88.4M
Receivables	637.3M	646.1M	523.4M	443.2M	569M	729.4M	753.2M	581.5M	635.5M	769.8M
Inventory	531.3M	595.9M	554.1M	454.9M	470.1M	614.8M	757.6M	512.6M	483.8M	522.4M
Total current assets	1.3B	1.4B	1.5B	1.2B	1.2B	1.5B	1.7B	1.4B	1.4B	1.5B
Property, plant & equipment	35.5M	51.7M	42.4M	57.4M	41.1M	33.9M	29.6M	22.4M	11M	14.5M
Goodwill & intangibles	604.8M	870M	863.9M	671.7M	647.5M	597.7M	570.4M	487.9M	587.5M	618.6M
Total assets	1.7B	1.9B	2.1B	1.7B	1.7B	1.9B	2.1B	1.8B	1.8B	1.9B
Accounts payable	513.2M	562.6M	488.3M	454.2M	634.8M	714.2M	691.1M	588M	598.6M	753.3M
Short-term debt	—	551K	4.1M	12.3M	12.1M	16.1M	11.3M	11.3M	11.8M	7.4M
Total current liabilities	656.3M	710.3M	700.9M	719M	732.9M	814.3M	786.8M	669.4M	683M	859.1M
Long-term debt	97.3M	248.9M	323.4M	231.6M	151.9M	272.7M	332.3M	142.7M	135.3M	103.5M
Total liabilities	881.2M	1.1B	1.2B	1B	940.5M	1.1B	1.2B	854.8M	879.2M	1B
Shareholders' equity	837.1M	866.4M	914.1M	678.2M	731.2M	806.5M	905.3M	924.3M	906.4M	910.8M
Total debt	97.3M	249.4M	327.5M	244M	164M	288.8M	343.6M	154M	147.1M	110.9M
Net debt	41.2M	223.9M	308.2M	214.5M	101.3M	250.8M	307.4M	-31.5M	20.9M	22.5M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	42.6M	45M	159.1M	185.5M	145M	110.5M	146.3M	126.2M	124.9M	83.5M	120.3M	88.4M
Receivables	691.7M	662.8M	589.8M	581.5M	567.1M	549.1M	562.8M	635.5M	557.1M	605.4M	628.4M	769.8M
Inventory	656.2M	575.1M	529.2M	512.6M	504.1M	492M	476.2M	483.8M	505.3M	490.3M	486.6M	522.4M
Total current assets	1.5B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.4B	1.3B	1.3B	1.4B	1.5B
Property, plant & equipment	36.7M	36.5M	35.6M	22.4M	32.9M	30.2M	30M	11M	32.2M	32.2M	33.8M	14.5M
Goodwill & intangibles	557.7M	507.1M	498.3M	487.9M	621.3M	601.2M	593.3M	587.5M	579.3M	633.2M	626.7M	618.6M
Total assets	1.9B	1.8B	1.8B	1.8B	1.8B	1.7B	1.7B	1.8B	1.7B	1.7B	1.8B	1.9B
Accounts payable	617.6M	540.6M	555.7M	588M	578.7M	520.4M	540.8M	598.6M	529.6M	576.7M	646.6M	753.3M
Short-term debt	8.2M	7.9M	7.9M	11.3M	9.7M	7.9M	7.9M	11.8M	7.9M	2.9M	2.9M	7.4M
Total current liabilities	701M	610.6M	643M	669.4M	666M	609.6M	631.9M	683M	606.2M	664.2M	736.8M	859.1M
Long-term debt	239.9M	160.8M	138M	142.7M	133.9M	132M	130.2M	135.3M	126M	99.8M	99.2M	103.5M
Total liabilities	983.3M	827.2M	838.9M	854.8M	865.6M	801.9M	823.5M	879.2M	802.9M	830.8M	899.5M	1B
Shareholders' equity	915.3M	953.6M	944.1M	924.3M	920.9M	900.7M	901.7M	906.4M	914M	910.9M	906.3M	910.8M
Total debt	248.1M	168.6M	145.9M	154M	143.6M	139.9M	138M	147.1M	133.9M	102.7M	102M	110.9M
Net debt	205.5M	123.6M	-13.2M	-31.5M	-1.4M	29.4M	-8.3M	20.9M	9M	19.2M	-18.3M	22.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	69.2M	35.5M	64.9M	-79.2M	45.4M	88.7M	88.1M	77.1M	71.5M	78.9M
Depreciation & amortization	25M	34.5M	33.7M	35.3M	33.5M	29.9M	28.6M	28M	30.2M	23.6M
Stock-based compensation	6.6M	6.4M	6M	5.5M	8M	11.7M	11.2M	9.5M	11.1M	14.1M
Change in working capital	-33.5M	-65.4M	-80.1M	95.7M	53.9M	-227.8M	-193.9M	288.6M	-18.5M	-16.1M
Operating cash flow	71M	24.3M	27.1M	49.5M	139.4M	-91.4M	-66.9M	401.2M	112.3M	123.1M
Capital expenditure	—	—	—	—	—	—	—	—	-8.3M	-9.3M
Investing cash flow	-83.8M	-143.8M	-32.2M	-55.3M	32M	-3.7M	-8.3M	17.6M	-62.4M	-27.5M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-20.9M	0	-9.5M	-6.1M	0	-18.2M	-15.7M	-42.9M	-106.5M	-97.9M
Financing cash flow	-13.5M	98.6M	-2.1B	-262.2M	-179.1M	241.6M	81.8M	-232.6M	-120.4M	-139.4M
Net change in cash	-26.3M	-20.8M	-2.1B	-268M	-7.8M	146.5M	6.6M	186.2M	-70.5M	-43.8M
Free cash flow	82.4M	17.8M	-32.9M	171.7M	87.3M	-131.2M	-45.7M	363.1M	104.1M	113.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	15.4M	32.7M	12.8M	16.1M	17M	17.1M	17.4M	20.1M	19.9M	16.5M	16.9M	25.6M
Depreciation & amortization	7.2M	7.3M	6.7M	6.8M	7.5M	8.1M	7.5M	7.1M	6.2M	5.9M	5.7M	5.8M
Stock-based compensation	2.8M	2.6M	2.4M	1.8M	2.5M	3M	2.9M	2.7M	2.9M	3.7M	4M	3.6M
Change in working capital	93.8M	32M	133M	29.8M	16.4M	-40.8M	26.3M	-20.5M	-11.3M	3.5M	60.8M	-69.2M
Operating cash flow	120.7M	71.6M	155.2M	53.7M	45.9M	-11.4M	54.8M	7.6M	23.2M	30.8M	71.4M	-2.3M
Capital expenditure	—	—	—	—	—	—	—	-2.5M	-2.4M	-2M	-2.4M	-2.5M
Investing cash flow	0	18M	0	-378K	-56.8M	2.7M	0	-2.5M	-2.4M	-20.3M	-2.3M	-2.5M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	-1.3M	-19.9M	-21.7M	-28.1M	-24.2M	-28.9M	-25.3M	-21.3M	-17.4M	-32.7M	-26.5M
Financing cash flow	-83.6M	-82M	-43M	-24M	-33.6M	-28.2M	-31.1M	-27.5M	-27.8M	-50.3M	-33.8M	-27.6M
Net change in cash	37.1M	7.6M	112.2M	29.3M	-44.6M	-36.9M	23.7M	-22.4M	-7M	-39.8M	35.3M	-32.3M
Free cash flow	91.2M	60.7M	157.7M	53.5M	42.5M	-8.2M	64.6M	5.1M	20.8M	28.9M	69M	-4.8M

ScanSource, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement