Earnings summaries and quarterly performance for SCANSOURCE.
Executive leadership at SCANSOURCE.
Board of directors at SCANSOURCE.
Research analysts who have asked questions during SCANSOURCE earnings calls.
GB
Gregory Burns
Sidoti & Company
4 questions for SCSC
Also covers: ACCO, ALG, ATNI +13 more
KH
Keith Housum
Northcoast Research
4 questions for SCSC
Also covers: AXON, BRC, CDW +10 more
Adam Tindle
Raymond James
2 questions for SCSC
Also covers: ALRM, ARLO, CDW +14 more
DK
Damian Karas
UBS
1 question for SCSC
Also covers: ALH, AOS, CGNX +14 more
GH
Guy Hardwick
Freedom Capital Markets
1 question for SCSC
Also covers: APH, MANH, PI +6 more
LK
Logan Katzman
Raymond James Financial
1 question for SCSC
Also covers: ARLO, NTGR, SONO
Mike Latimore
Northland Capital Markets
1 question for SCSC
Also covers: AI, AXON, CTLP +22 more
Recent press releases and 8-K filings for SCSC.
ScanSource, Inc. enters into new credit facilities
SCSC
Debt Issuance
- ScanSource, Inc. entered into a new credit agreement on December 18, 2025, establishing a five-year, $400 million multicurrency senior secured revolving credit facility and a five-year $100 million senior secured term loan facility, under which the Company immediately borrowed $100 million.
- The new credit facilities include an "accordion feature" allowing for an increase in borrowings by up to the greater of $250 million or 150% of the Company's EBITDA.
- Interest rates for U.S. dollar loans vary based on the Company's leverage ratio, with margins ranging from 1.00% to 1.75% over Term SOFR/daily simple SOFR, or 0% to 0.75% over the base rate. A commitment fee of 0.15% to 0.30% applies to the unused revolving credit facility.
- The agreement includes financial covenants requiring a leverage ratio of less than or equal to 3.50 to 1.00 and an Interest Coverage Ratio of at least 3.00:1.00 as of the end of each fiscal quarter.
Dec 19, 2025, 10:15 PM
ScanSource Discusses Business Evolution, Financial Profile, and Strategic Direction
SCSC
M&A
New Projects/Investments
Demand Weakening
- ScanSource has transformed its business model since 2016 to include a significant recurring revenue stream through its Intelisys acquisition, complementing its traditional hardware distribution.
- The company now reports two segments: Specialty Technologies (hardware with 3-4% EBITDA margins) and Intelisys Advisory (recurring revenue with 30-40% EBITDA margins), with a key focus on achieving 5-6% gross profit dollar growth.
- ScanSource is strategically focused on the convergence of hardware, software, and services, aiming to enable partners to sell comprehensive solutions, and is experimenting with integrated sales teams.
- Management observes a trend of large orders being fragmented due to IT budget allocation towards AI, and while price increases have boosted margins, there is concern about their future impact on demand.
- The company believes its Intelisys business is undervalued by investors, especially when compared to private equity valuations in the same space.
Dec 9, 2025, 6:40 PM
ScanSource Discusses Business Transformation, Segment Performance, and Market Dynamics at Raymond James Conference
SCSC
New Projects/Investments
Revenue Acceleration/Inflection
Demand Weakening
- ScanSource has undergone a significant transformation since 2016, shifting from a traditional hardware distributor to a focus on the convergence of hardware, software, services, and connectivity, aiming to provide comprehensive solutions through a single partner.
- The company now operates with two distinct segments: Specialty Technologies (hardware-focused) with 3%-4% EBITDA margins and Intelisys Advisory (recurring revenue-focused) with 30%-40% EBITDA margins, which contributes approximately 25% of gross profit dollars.
- Management noted a recent trend of large orders being broken into smaller chunks, partly due to IT budgets prioritizing AI projects. While price increases have led to higher hardware margins, there is concern about a potential negative impact on demand if prices continue to rise.
- Key financial goals include a 5%-6% three-year growth target for gross profit dollars and improved EBITDA margins. Capital allocation priorities involve share repurchases and M&A, with a recent acquisition (DataZoom) aimed at expanding recurring revenue streams.
- ScanSource believes its Intelisys business is undervalued, citing private equity investments in the broader Intelisys channel at 15-18 times EBITDA.
Dec 9, 2025, 6:40 PM
ScanSource discusses business transformation and financial outlook
SCSC
New Projects/Investments
Demand Weakening
M&A
- ScanSource has undergone a significant business transformation since 2016, evolving to include a high-margin, recurring revenue Intelisys Advisory segment, which now contributes 25% of gross profit dollars.
- The company operates with two distinct segments: Specialty Technologies (traditional hardware with 3%-4% EBITDA margins) and Intelisys Advisory (almost all recurring revenue with 30%-40% EBITDA margins).
- Management's key financial metrics include a three-year goal of 5%-6% gross profit dollar growth, along with EBITDA targets, cash flow generation, and Return on Invested Capital (ROIC).
- Current demand shows large orders being broken into smaller chunks, potentially due to IT budgets shifting to AI projects, and while price increases have aided margins, there are concerns about their impact on future demand.
- ScanSource's capital allocation priorities include share repurchases and incremental M&A, with growth expected from physical security and networking, and management believes its Intelisys business is currently undervalued.
Dec 9, 2025, 6:40 PM
ScanSource Reports Q1 2026 Results and Reaffirms Full-Year Outlook
SCSC
Earnings
Guidance Update
M&A
- ScanSource delivered strong profits and free cash flow generation in Q1 2026, with gross profits growing 6% and non-GAAP EPS increasing 26% year over year. The company achieved 5.2% adjusted EBITDA margins and an 88% cash conversion of non-GAAP net income.
- Net sales in the Specialty Technology Solutions segment declined 5% year over year and 9% quarter over quarter, partly due to approximately $40 million of large deal pull-ins that benefited Q4 results. Despite this, gross profits for the segment increased 7% year over year. The Intelisys and Advisory segment saw net sales increase 4% year over year, with annualized net billings rising to approximately $2.78 billion.
- The company completed the acquisition of DataZoom in October 2025, a leading provider of B2B mobile data connectivity solutions, which builds upon the August 2024 acquisition of Advantix. ScanSource is strategically investing in its Intelisys and Advisory segment to accelerate new order growth, which saw double-digit growth year over year and quarter over quarter.
- ScanSource reaffirmed its full-year FY 2026 outlook, projecting net sales growth between $3.1 billion and $3.3 billion, adjusted EBITDA between $150 million and $160 million, and at least $80 million in free cash flow. Management expects revenue growth to accelerate in the second half of the fiscal year, attributing current large deal delays to timing rather than a weakness in overall demand.
Nov 6, 2025, 3:30 PM
ScanSource Reports Q1 2026 Results
SCSC
Earnings
Guidance Update
M&A
- ScanSource delivered strong Q1 2026 profits, with non-GAAP EPS growing 26% year over year and gross profits increasing 6%, achieving 5.2% adjusted EBITDA margins and 88% cash conversion of non-GAAP net income.
- The company reaffirmed its FY26 full-year outlook, projecting net sales between $3.1 billion and $3.3 billion, adjusted EBITDA between $150 million and $160 million, and at least $80 million in free cash flow, with revenue growth expected to accelerate in the second half.
- Strategic activities included the acquisition of DataZoom in October 2025, building on the August 2024 acquisition of Advantix, and $21 million in share repurchases during the quarter.
- The Intellisys and Advisory segment's net sales increased 4% year over year, with double-digit new order growth, while the Specialty Technology Solutions segment's net sales declined 5% year over year.
Nov 6, 2025, 3:30 PM
ScanSource, Inc. Reports Strong Q1 FY26 Results and Reaffirms Annual Outlook
SCSC
Earnings
Guidance Update
M&A
- ScanSource, Inc. reported net sales of $739.7 million for the first quarter of fiscal year 2026, a 4.6% decrease year-over-year.
- The company achieved gross profit of $107.5 million, an increase of 5.8% year-over-year, with a gross profit margin of 14.5%.
- GAAP diluted EPS grew 29.0% year-over-year to $0.89, and non-GAAP diluted EPS increased 26.2% year-over-year to $1.06 for Q1 FY26.
- ScanSource generated $20.8 million in free cash flow and executed $21.3 million in share repurchases during the first quarter of fiscal year 2026.
- The company reaffirmed its fiscal year 2026 annual outlook, projecting net sales between $3.1 billion and $3.3 billion, and Adjusted EBITDA between $150 million and $160 million.
Nov 6, 2025, 1:34 PM
ScanSource Reports First Quarter Fiscal Year 2026 Results
SCSC
Earnings
Guidance Update
M&A
- ScanSource reported net sales of $739.7 million for the first quarter of fiscal year 2026, a 4.6% decrease year-over-year, while GAAP diluted EPS grew 29.0% to $0.89 and non-GAAP diluted EPS increased 26.2% to $1.06.
- The company's gross profit increased 5.8% to $107.5 million, achieving a gross profit margin of 14.5% for the quarter ended September 30, 2025.
- ScanSource generated $20.8 million in non-GAAP free cash flow and executed $21.3 million in share repurchases during Q1 FY26.
- The company reaffirmed its FY26 annual outlook, forecasting net sales between $3.1 billion and $3.3 billion, adjusted EBITDA between $150 million and $160 million, and free cash flow of at least $80 million.
- ScanSource completed the acquisition of DataXoom on October 20, 2025, a connectivity provider.
Nov 6, 2025, 1:30 PM
ScanSource Reports Q4 and Full-Year 2025 Results and Provides FY26 Outlook
SCSC
Earnings
Guidance Update
Share Buyback
- ScanSource, Inc. reported strong fourth quarter fiscal year 2025 results, with net sales of $812.9 million and GAAP diluted EPS of $0.88, marking increases of 8.9% and 37.5% year-over-year, respectively. For the full fiscal year 2025, net sales were $3.04 billion and GAAP diluted EPS was $3.00.
- The company generated $104.1 million in free cash flow and completed $106.5 million in share repurchases for fiscal year 2025.
- ScanSource provided its fiscal year 2026 outlook, projecting net sales between $3.1 billion and $3.3 billion, Adjusted EBITDA between $150 million and $160 million, and free cash flow of at least $80 million.
- Management noted achieving their full-year outlook and plans to make strategic investments in fiscal year 2026 to accelerate growth and expand margins.
Aug 21, 2025, 12:00 AM
ScanSource Q3 2025 Earnings & Strategic Initiatives Update
SCSC
Earnings
Share Buyback
M&A
- Solid Q3 performance: Net sales of $704.8M, GAAP net income of $17.4M, and a 48% increase in EPS.
- Profitability improved despite a 6% YoY decline in net sales, with gross profit and adjusted EBITDA up 6%, non-GAAP net income rising 16%, and diluted EPS increasing 25%.
- Key operational enhancements include a 6.1% growth in gross profit, a 5.9% rise in adjusted EBITDA to $35.1M, and a 41% increase in recurring revenue.
- Announced a new $200M share repurchase authorization, supplementing existing buybacks to maintain target net debt leverage.
- Strategic acquisitions (e.g., Advantix and Resourcive) are driving growth, complemented by improved hardware demand and the return of large deals.
- Updated FY25 guidance to forecast approximately $3 billion in net sales with adjusted EBITDA between $140–145M and expected free cash flow of at least $70M.
May 8, 2025, 2:31 PM
Quarterly earnings call transcripts for SCANSOURCE.
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