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ScanSource Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

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Key Takeaways

  • ScanSource posted Q4 adjusted EPS of $1.02, rising 28% y/y and surpassing estimates.
  • Quarterly revenues rose 8.9% to $813M, driven by 12.2% growth in the United States and Canada.
  • For FY26, ScanSource guides $3.1-$3.3B revenues and $150-$160M adjusted EBITDA.

ScanSource, Inc. (SCSC - Free Report) reported adjusted earnings of $1.02 per share in fourth-quarter fiscal 2025 (ended June 30, 2025), beating the Zacks Consensus Estimate of 91 cents. The bottom line improved 28% from the prior-year quarter’s earnings of 80 cents.

On a reported basis, the company delivered earnings of 88 cents per share compared with the prior-year quarter’s 64 cents per share.

ScanSource, Inc. Price, Consensus and EPS Surprise

 

ScanSource, Inc. Price, Consensus and EPS Surprise

ScanSource, Inc. price-consensus-eps-surprise-chart | ScanSource, Inc. Quote

SCSC’s Revenues Rise Y/Y On North America Growth

The company reported net revenues  of $813 million in the quarter under review, up 8.9% from the year-ago quarter. The top line beat the Zacks Consensus Estimate of $773 million.

Net revenues in the United States and Canada were up 12.2% to $745 million. International sales decreased 17.4% to $68.2 million.

Specialty Technology Solutions’ revenues rose 9.2% to $789 million in fourth-quarter fiscal 2024, courtesy of broad-based growth in North America.

Revenues at Intelisys & Advisory were $24.2 million in the reported quarter, up 1.3% year over year, driven by acquisitions.

ScanSource’s Adjusted EBITDA Margin Rises in Q4

The cost of sales amounted to $708 million in the fiscal fourth quarter, up 9.1% from the year-ago quarter. The gross profit totaled $105 million, up 8% from the year-ago quarter’s $97 million. The gross margin came in at 12.9% in the reported quarter compared with the prior-year quarter’s 13%.

Selling, general and administrative expenses increased 4.7% year over year to $72 million. The adjusted operating profit was $31 million in comparison to the prior-year quarter’s $26 million. Adjusted EBITDA was up 13% year over year to $38.6 million. The adjusted EBITDA margin was 4.7% compared with 4.6% in the prior-year quarter.

SCSC’s Cash Position & Balance Sheet

The company reported cash and cash equivalents of $126 million as of June 30, 2025, in comparison to $185 million as of June 30, 2024. The company generated $112 million of cash in operating activities in fiscal 2025 compared with $372 million in the prior year. The company’s long-term debt was $128 million at the end of fiscal 2025, down from $136 million at the end of fiscal 2024.

FY24 Performance of ScanSource

SCSC reported adjusted earnings per share of $3.57 in fiscal 2025 in comparison with $3.08 in the prior year. The bottom line beat the Zacks Consensus Estimate of $3.47.

Including one-time items, the bottom line came in at $3.00, declining 2% from $3.06 in fiscal 2024. Revenues were down 6.7% year over year to $3.04 billion. The top line beat the Zacks Consensus Estimate of $3.01 billion.

SCSC FY26 Outlook

ScanSource expects net revenues of $3.1-$3.3 billion for fiscal 2026. Adjusted EBITDA is projected between $150 million and $160 million. The company expects a free cash flow of at least $80 million.

ScanSource’s Share Price Performance

The company's shares have lost 8.7% in the past year against the industry’s 18% growth.

 

Zacks Investment Research Image Source: Zacks Investment Research

 

SCSC’s Zacks Rank

ScanSource currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

SCSC’s Peer Performances

MSC Industrial Direct Company, Inc. (MSM - Free Report) reported a third-quarter fiscal 2025 (ended on May 31, 2025) adjusted EPS of $1.08, which beat the Zacks Consensus Estimate of $1.03. The bottom line decreased 18.8% year over year.

MSC Industrial generated revenues of around $971 million in the quarter under review, down 0.8% from $979 million in the year-ago quarter. The top line beat the Zacks Consensus Estimate of $970 million. Average daily sales fell 0.8% year over year in the quarter. However, this came in line with the company’s expectations, driven by improving performance in volumes.

SiteOne Landscape Supply, Inc. (SITE - Free Report) posted an adjusted EPS of $2.86 in the second quarter of 2025, missing the Zacks Consensus Estimate of $2.89. The company posted earnings of $2.63 per share in the second quarter of 2024.

SITE registered revenues of $1.46 billion for the June-end quarter of 2025, in line with the Zacks Consensus Estimate. The top line rose 3.4% year over year.

W.W. Grainger, Inc. (GWW - Free Report) reported earnings per share (EPS) of $9.97 in second-quarter 2025, missing the Zacks Consensus Estimate of $10.00. However, the bottom line improved 2% year over year.

Grainger’s quarterly revenues rose 5.6% year over year to $4.55 billion. The top line beat the Zacks Consensus Estimate of $4.52 billion. Daily sales increased 5.6% from the prior-year quarter. We predicted daily sales to increase 3.8% in the quarter.

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