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Scansource (SCSC) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Nov 5, 2026 · Scansource (SCSC) Q1 FY27 earnings results →

Q1 FY27 Revenue up 30% year over year to $962M · 1¢ of every $1 of revenue kept as net profit · operating margin 1.3%

Scansource made $962M in Q1 FY27 (+30% Y/Y): Products and services $920M, Recurring revenue $42.4M. Operating margin 1.3%, net earnings $8.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$962M
Year over year+30%
Operating margin1.3%
Net earnings$8.7M
Operating cash flow−$42.3M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $962.3M in Q1 FY27, up 30% year over year and up 1% from the previous quarter. Products and services was the largest line at 96% of revenue. Products and services added $216.9M year over year (up 31%), 97% of the total change.

Gross margin was 12.2%, down 2.4 points from Q1 FY26. Operating profit was $12.4M, a 1.3% margin (down 2.2 points year over year). Operating profit fell $13.5M even though revenue rose $222.6M versus Q1 FY26, so costs grew faster than sales. Operating expenses grew 28% against revenue growth of 30%. The fastest-growing cost line was SG&A (+28%). Net earnings were $8.7M, down 56% year over year. The effective tax rate was 27.1%.

Operating cash flow was −$42.3M. Non-cash charges added back $6.7M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $61.4M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$44.1M.

Quarterly history

Scansource revenue by quarterScansource revenue by quarter$705MQ3 FY25$813MQ4 FY25$740MQ1 FY26$767MQ2 FY26$767MQ3 FY26$953MQ4 FY26$962MQ1 FY27
Scansource net earnings by quarterScansource net earnings by quarter$17.4MQ3 FY25$20.1MQ4 FY25$19.9MQ1 FY26$16.5MQ2 FY26$16.9MQ3 FY26$25.6MQ4 FY26$8.7MQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QNov 5, 2026$962M+30%1.3%$8.7M−$42.3M
Q4 FY2610-KAug 20, 2026$953M+17%3.3%$25.6M−$2.3M
Q3 FY2610-QMay 7, 2026$767M+9%3.0%$16.9M$71.4M
Q2 FY2610-QFeb 5, 2026$767M+2%2.3%$16.5M$30.8M
Q1 FY2610-QNov 6, 2025$740M-5%3.5%$19.9M$23.2M
Q4 FY2510-KAug 21, 2025$813M+9%3.3%$20.1M$7.6M
Q3 FY2510-QMay 8, 2025$705M-6%3.2%$17.4M$66.1M

Charts

Scansource: revenue growth, year over year and quarter over quarterScansource: revenue growth, year over year and quarter over quarterY/YQ/Q-6%Q3 FY25+9%+15%Q4 FY25-5%-9%Q1 FY26+2%+4%Q2 FY26+9%+0%Q3 FY26+17%+24%Q4 FY26+30%+1%Q1 FY27
Latest (Q1 FY27): Y/Y +30%, Q/Q +1%.
Scansource: where the cash came from (+) and went (−), TTM to Q1 FY27Scansource: where the cash came from (+) and went (−), TTM to Q1 FY27Acquisitions−$236MNet borrowing (+) / repaid (−)$231MBuybacks−$81.4MCash drawn (+) / kept (−)$79.1MOperating cash flow$57.6MOther financing−$38.7MCapital spending−$8.7MTaxes on employees’ shares−$6.2MShares issued$3.2MExchange rates$123K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Scansource: profit against cash, quarter by quarterScansource: profit against cash, quarter by quarterNet incomeOperating cash flow$17.1M−$6.2MQ2 FY25$17.4M$66.1MQ3 FY25$20.1M$7.6MQ4 FY25$19.9M$23.2MQ1 FY26$16.5M$30.8MQ2 FY26$16.9M$71.4MQ3 FY26$25.6M−$2.3MQ4 FY26$8.7M−$42.3MQ1 FY27
Latest (Q1 FY27): Net income $8.7M, Operating cash flow −$42.3M.
Scansource: diluted shares by fiscal yearScansource: diluted shares by fiscal year26MFY2126MFY2225MFY2325MFY2424MFY2522MFY26
-15.0% since FY21: buybacks shrank the count.
Scansource in its industry: growth against margin (6 companies, SIC 5045)Scansource in its industry: growth against margin (6 companies, SIC 5045)revenue growth, year over year →↑ operating marginmedian +30%median 4%SNXINGMCNXNPLUSCLMBSCSC (+30%, 1%)
Wholesale-Computers & Peripheral Equipment & Software; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

About Scansource

ScanSource, Inc. (together with its subsidiaries referred to as the “Company,” “ScanSource,” “we,” “us,” or “our”) is a leading technology distributor uniquely positioned to address complex, converging technologies and to accelerate growth for channel sales partners across hardware, software as a service (“SaaS”), connectivity and cloud services. ScanSource uses multiple sales models to offer technology solutions from leading suppliers of specialty technologies, connectivity and cloud services. The Company operates primarily in the United States and Brazil. We provide technology solutions and services from more than 500 leading suppliers of mobility and barcode, point-of-sale (“POS”), payment terminals, physical security, networking, communications, connectivity and cloud services.

In its own words, from its 10-K, filed Aug 20, 2026.

Scansource against its Wholesale-Computers & Peripheral Equipment & Software peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +30% against the peers' median +30%. Operating margin: 1.3% against the peers' median 4.5%.

CompanyQuarterRevenueY/YOp. margin
SCSC ScansourceQ1 FY27$962M+30%1.3%
SNX TD SynnexQ3 FY26$21.6B+38%3.0%
INGM Ingram Micro HoldingQ3 2026$15.2B+21%1.9%
CNXN PC ConnectionQ3 2026$874M+23%4.7%
PLUS EplusQ2 FY27$668M+10%8.5%
CLMB Climb Global SolutionsQ3 2026$220M+36%4.5%

Source: Scansource 10-Q on SEC EDGAR · CIK 918965 · Wholesale-Computers & Peripheral Equipment & Software

Guidance and outlook

Scansource Revenue: guidance against what was reportedScansource Revenue: guidance against what was reportedguided rangereported (above / within / below)FY26$3.2B
Met or beat 1 of 1 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Scansource: what its forward-looking statements are about (10-Q filed 2026-11-05)Scansource: what its forward-looking statements are about (10-Q filed 2026-11-05)Other2The economy1Demand1Capital spending1Financing1
6 statements; tone -0.17 (−1 all cautious, +1 all confident); 1 hedged.
Scansource: outlook statements against the filing beforeScansource: outlook statements against the filing beforeCautious1

13F: who owns SCSC and who is buying

Largest holders of SCSC (13F)Largest holders of SCSC (13F)BlackRock$200MVanguard Group$110MVanguard Portfolio Management LLC$89.3MDimensional Fund Advisors LP$85.5MPzena Investment Management LLC$55.3MWasatch Advisors LP$49.4MState Street$46.8MVanguard Capital Management LLC$44.0MAmerican Century Companies$35.5MGeode Capital Management, LLC$30.0M
Funds' net buying of SCSC by quarter (13F)Funds' net buying of SCSC by quarter (13F)−$5.2M2024-09−$14.8M2024-12−$39.5M2025-03−$30.0M2025-06−$13.3M2025-09−$7.2M2025-12−$5.6M2026-03−$5.5M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on SCSC

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

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中文版:Scansource(SCSC)财报

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