Filing Flows › Scansource (SCSC) › Q1 FY27
Scansource (SCSC) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 5, 2026
Scansource (SCSC) reported revenue of $962M for the first quarter fiscal 2027 (Q1 FY27), +30% from a year earlier and +1% from the quarter before. Operating margin was 1.3%, net earnings $8.7M (0.9% of revenue).
Scansource, Q1 FY27: revenue $962M (+30% year over year), operating margin 1.3%, net earnings $8.7M, operating cash flow −$42.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $962M | +1% | +30% |
| Gross profit | $117M | -2% | +9% |
| Operating profit | $12.4M | -61% | -52% |
| Net earnings | $8.7M | -66% | -56% |
| Operating cash flow | −$42.3M | — | -282% |
What changed
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.
Questions
What was Scansource's revenue in the first quarter fiscal 2027?
Scansource (SCSC) reported revenue of $962M for the first quarter fiscal 2027 (Q1 FY27), +30% from a year earlier and +1% from the quarter before.
Was Scansource profitable in the first quarter fiscal 2027?
Operating profit was $12.4M (1.3% of revenue) and net earnings $8.7M.
Source: Scansource 10-Q on SEC EDGAR.