Filing Flows › Scansource (SCSC) › Q3 FY25
Scansource (SCSC) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 8, 2025
Scansource (SCSC) reported revenue of $705M for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and -6% from the quarter before. Operating margin was 3.2%, net earnings $17.4M (2.5% of revenue).
Scansource, Q3 FY25: revenue $705M (-6% year over year), operating margin 3.2%, net earnings $17.4M, operating cash flow $66.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $705M | -6% | -6% |
| Gross profit | $100M | -1% | +6% |
| Operating profit | $22.3M | +21% | +27% |
| Net earnings | $17.4M | +2% | +36% |
| Operating cash flow | $66.1M | — | -59% |
| Free cash flow | $64.6M | — | -59% |
What changed
Revenue was $704.8M in Q3 FY25, down 6% year over year and down 6% from the previous quarter. Products and services was the largest line at 94% of revenue. Products and services lost $59.3M year over year (down 8%), 124% of the total change.
Gross margin was 14.2%, up 1.7 points from a year earlier. Operating profit was $22.3M, a 3.2% margin (up 0.8 points year over year). Operating expenses grew 1% against a revenue fall of 6%. Net earnings were $17.4M, up 36% year over year. The effective tax rate was 28.0%.
Operating cash flow was $66.1M (down 59% year over year), 379% of net earnings. Non-cash charges added back $7.5M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $38.2M. Capital expenditures of $1.4M left free cash flow of $64.6M.
Questions
What was Scansource's revenue in the third quarter fiscal 2025?
Scansource (SCSC) reported revenue of $705M for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and -6% from the quarter before.
Was Scansource profitable in the third quarter fiscal 2025?
Operating profit was $22.3M (3.2% of revenue) and net earnings $17.4M.
Source: Scansource 10-Q on SEC EDGAR.