ScanSource Earnings Reports

ScanSource exceeded expectations in Q4 2025, delivering strong revenue growth and higher net income. Recurring revenue rose sharply, and performance in North America drove results. Profitability metrics improved across both GAAP and non-GAAP measures.

ScanSource, Inc. announced its third quarter fiscal year 2025 results, with net sales of $704.8 million, a 6.3% decrease year-over-year. Despite the decline in sales, the company saw significant improvements in profitability, with gross profit increasing by 6.1% to $100.2 million and GAAP net income rising by 36.1% to $17.4 million. Diluted EPS increased by 48.0% to $0.74.

ScanSource reported a decrease in net sales by 15.5% year-over-year, totaling $747.5 million. However, the company saw a 1.0% increase in gross profit, reaching $101.7 million, and a higher gross profit margin of 13.6%. Recurring revenue increased by 31.2% year-over-year, contributing to the higher gross profit margin.

ScanSource reported a decrease in net sales by 11.5% year-over-year, but demonstrated strong free cash flow and EPS growth. The company's focus on specialty technologies and recurring revenue streams contributed to a higher gross profit margin.

ScanSource, Inc. reported a decrease in net sales for the fourth quarter of fiscal year 2024, totaling $746.1 million, a 21.2% decrease year-over-year. Despite the sales decline, the company delivered strong margins and robust cash flow, with a gross profit margin of 13.04% compared to 11.47% in the prior-year quarter.

ScanSource reported a decrease in net sales for the third quarter of fiscal year 2024, with net sales totaling $752.6 million, a 15.0% decrease year-over-year. However, the company's resilient business model delivered strong margins and robust free cash flow. The company announced a new $100 million share repurchase authorization.

ScanSource reported a decrease in net sales and gross profit, but an increase in GAAP net income and EPS. Strong cash flow and Intelisys recurring revenue growth were highlights.

ScanSource reported a decrease in net sales by 7.2% year-over-year, totaling $876.3 million for Q1 2024. Despite the revenue decline, the company experienced strong cash flow and growth in Intelisys net billings. The business fundamentals remain strong in a softer revenue environment.

ScanSource reported a slight decrease in net sales for Q4 2023, but experienced growth in Modern Communications & Cloud segment and Intelisys net billings. The company's financial results were impacted by a cyberattack during the quarter. Strong free cash flow and focus on Intelisys are keys to success.

ScanSource reported a 4.7% increase in net sales, reaching $885.5 million, and an increase in gross profit by 4.9% to $111.8 million. The company's operating income rose to $34.3 million, and adjusted EBITDA increased by 3.5% to $45.7 million. GAAP net income was $21.2 million, or $0.83 per diluted share, while non-GAAP net income was $24.3 million, or $0.96 per diluted share.

ScanSource reported outstanding second quarter performance with a 17% increase in net sales, leading to excellent profitability. The company raised its full year 2023 outlook for both net sales growth and adjusted EBITDA.

ScanSource had an outstanding start to its fiscal year, delivering 10% net sales growth and record earnings per share. The exceptional performance is a result of strong demand and working capital investments to meet the needs of channel partners.

ScanSource reported a strong Q4 with net sales increasing by 12.9% year-over-year and gross profit increasing by 15.7% year-over-year. The company's hybrid distribution strategy of devices and digital is proving successful, as evidenced by the net sales growth and record adjusted EBITDA.

ScanSource reported a strong Q3 2022 with net sales up 15.9% year-over-year, driven by strong demand in both segments. The company exceeded expectations and raised its full-year outlook.