AI Earnings Predictions for ScanSource Inc. (SCSC)

EX-99.1

3 scscexhibit9916302026.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Contact:

Steve JonesMary M. Gentry

Senior EVP, Chief Financial OfficerSVP, Finance and Treasurer

ScanSource, Inc.ScanSource, Inc.

(864) 286-4302(864) 286-4892

SCANSOURCE DELIVERS STRONG FOURTH QUARTER AND FULL-YEAR RESULTS

Hardware Demand Drove 17% Net Sales Growth for Q4

Announces Agreement to Acquire MicroAge, a Leading IT Solutions Integrator

GREENVILLE, SC -- August 20, 2026 -- ScanSource, Inc. (NASDAQ: SCSC), a leading technology distributor uniquely positioned to address complex technologies, today announced financial results for the fourth quarter and fiscal year ended June 30, 2026.

Fourth Quarter SummaryFiscal Year Summary

Q4 FY26Q4 FY25ChangeFY26FY25Change

(in thousands, except percentages and per share data)

Select reported measures:

Net sales$953,109 $812,886 17.3%$3,226,062 $3,040,810 6.1%

Gross profit$119,849 $105,102 14.0%$437,355 $408,646 7.0%

Gross profit margin %12.6 %12.9 %-35bp13.6 %13.4 %20bp

Operating income$31,737 $26,787 18.5%$98,627 $85,200 15.8%

GAAP net income$25,618 $20,089 27.5%$78,873 $71,548 10.2%

GAAP diluted EPS$1.24 $0.88 40.9%$3.64 $3.00 21.3%

Select Non-GAAP measures*:

Adjusted EBITDA$46,148 $38,639 19.4%$151,548 $144,660 4.8%

Adjusted EBITDA margin %4.84 %4.75 %9bp4.70 %4.76 %-6bp

Non-GAAP net income$30,280 $23,322 29.8%$91,945 $85,144 8.0%

Non-GAAP diluted EPS$1.46 $1.02 43.1%$4.24 $3.57 18.8%

Note: Margin % reflects measure as a percentage of sales.

* Represents non-GAAP financial measures. For more information and a reconciliation to the most directly comparable GAAP financial measure, see "Non-GAAP Financial Information" below as well as the accompanying Supplementary Information.

“I’m proud of our team’s excellent fourth quarter performance, with 17% sales growth and even stronger EPS growth,” said Mike Baur, Chair and CEO, ScanSource, Inc. “We're also excited about our agreement to acquire MicroAge, which we believe will accelerate growth, expand margins, and adds new services capabilities.”

Quarterly Results

Net sales for the fourth quarter of fiscal year 2026 totaled $953.1 million, an increase of 17.3% year-over-year, or an increase of 16.2% on a non-GAAP basis. Net sales for products and services increased 17.4% year-over-year, and recurring revenue increased 13.5% year-over-year including acquisitions. For Specialty Technology Solutions, fourth quarter net sales of $927.2 million increased 17.6% year-over-year, driven by broad-based growth in North America. Intelisys & Advisory net sales for the fourth quarter increased 7.2% year-over-year to $25.9 million primarily from higher Resourcive sales.

Gross profit for the fourth quarter of fiscal year 2026 increased 14.0% year-over-year to $119.8 million, with a gross profit margin of 12.6% versus 12.9% in the prior-year quarter. For the fourth quarter of fiscal year 2026, the percentage of gross profit from recurring revenue totaled 31.5% comparable to 31.6% for the prior-year period.

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For the fourth quarter of fiscal year 2026, operating income increased to $31.7 million from $26.8 million in the prior-year quarter. Fourth quarter fiscal year 2026 non-GAAP operating income increased to $37.9 million from $31.3 million in the prior-year quarter.

On a GAAP basis, net income for the fourth quarter of fiscal year 2026 increased to $25.6 million, or $1.24 per diluted share, from net income of $20.1 million, or $0.88 per diluted share, for the prior-year quarter. Fourth quarter fiscal year 2026 non-GAAP net income increased to $30.3 million, or $1.46 per diluted share, from $23.3 million, or $1.02 per diluted share, for the prior-year quarter. On a non-GAAP basis, adjusted EBITDA for the fourth quarter of fiscal year 2026 increased to $46.1 million, or 4.84% of net sales, from $38.6 million, or 4.75% of net sales, for the prior-year quarter.

Full-Year Results

For fiscal year 2026, net sales increased 6.1% to $3.23 billion. Net sales for products and services increased 5.9% year-over-year, while recurring revenue increased 10.6% year-over-year including acquisitions. For Specialty Technology Solutions, fiscal year net sales of $3.12 billion increased 6.2% year-over-year, primarily due to growth across most technologies in North America. Intelisys & Advisory net sales for the fiscal year 2026 increased 3.1% year-over-year to $101.1 million reflecting higher Intelisys sales and full-year results for the Resourcive acquisition.

Gross profit for fiscal year 2026 increased 7.0% year-over-year to $437.4 million with a gross profit margin of 13.6%, up from 13.4% in the prior year. The higher gross profit margin reflects a higher contribution of recurring revenue, which is netted-down revenue, in our overall revenue mix and higher vendor program recognition. For fiscal year 2026, the percentage of gross profit from recurring revenue increased to 33.7% from 32.8% for the prior year.

For the fiscal year

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scsc-202602050000918965false00009189652025-08-212025-08-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 5, 2026

ScanSource, Inc. (Exact name of registrant as specified in its charter)

SC00-26926 57-0965380

(State or other jurisdiction of incorporation)(Commission File Number) (IRS Employer Identification No.)

6 Logue Court, Greenville, SC 29615 (Address of principal executive offices, including zip code) 864-288-2432 (Registrant’s telephone number, including area code)

Title of Each ClassTrading SymbolName of Each Exchange on Which Registered Common Stock, no par valueSCSCNASDAQ Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

Item 2.02. Results of Operations and Financial Condition

On February 5, 2026, ScanSource, Inc. (the "Company") issued a press release announcing its financial results for its second quarter ended December 31, 2025. A copy of the press release and accompanying Earnings Infographic are attached as Exhibits 99.1 and 99.2 hereto, incorporated herein by reference and also made available through the Company’s website at www.scansource.com. An updated investor presentation will be made available on the Company's website within approximately two weeks.

The information in Item 2.02 of this Report, including the Exhibits 99.1 and 99.2 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any other filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.

Item 7.01. Regulation FD Disclosure

In addition to announcing financial results as discussed above, the Company's press release issued on February 5, 2026 also announced that the Company's Board of Directors (the “Board”) has appointed Charles A. Mathis to serve as the Lead Independent Director of the Board and Chair of the Nominating and Corporate Governance Committee of the Board, in each case to succeed Peter C. Browning. Mr. Browning will continue to serve on the Board as an independent director and on each of its committees. The Board also appointed Vernon J. Nagel to succeed Mr. Mathis as the Chair of the Audit Committee of the Board. A copy of the press release is attached as Exhibit 99.1 hereto, incorporated by reference herein and also made available through the Company's website at www.scansource.com.

The information in Item 7.01 of this Report, including Exhibits 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deeded incorporated by reference in any other filing under the Securities Act or the Exchange Act.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 – Press release issued by ScanSource, Inc. on February 5, 2026. The information contained in the attached exhibit is unaudited and should be read in conjunction with the Company’s annual and quarterly reports filed with the Securities and Exchange Commission.

99.2 – Earnings Infographic for the financial results conference call held on February 5, 2026.  The information contained in the attached exhibit is unaudited and should be read in conjunction with the Company’s annual and quarterly reports filed with the Securities and Exchange Commission.

Exhibit NumberDescription

99.1Press release

99.2Earnings Infographic

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ScanSource, Inc.

Date: