SCANSOURCE, INC. (SCSC) Form 8-K — Nov 5, 2026
ScanSource reported Q1 FY27 net sales of $962.3 million, up 30.1% year-over-year, with gross profit up 8.8% to $116.9 million and growth in both segments driven by strong demand. Profitability declined despite the top-line strength: GAAP net income fell 56.3% to $8.7 million and non-GAAP diluted EPS fell 18.9% to $0.86, hurt by a lower-margin mix of large hardware deals and $4.5 million of higher bad debt expense tied to Brazil customer credit exposures.
Key figures
- Eps
- 0.42
- Revenue
- 962294000
- Guidance
- FY27 net sales $3.8B-$4.0B (raised to include MicroAge), adjusted EBITDA $175M-$185M (up from $158M-$165M), free cash flow at least $85M
- Net Income
- 8691000
- Total Debt
- 332370000
- Total Assets
- 2233075000
- Cash Position
- 45866000
- Gross margin
- 12.2% (vs 14.5% prior year)
- Gross profit
- 116944000
- Adjusted roic
- 10.7%
- Adjusted ebitda
- 31298000
- Operating income
- 12393000
- Non gaap diluted eps
- 0.86
- Share repurchases qtr
- 4800000
- Adjusted ebitda margin
- 3.25%
- Cash paid for microage
- 217772000
- Bad debt expense impact
- approximately $4.5M higher bad debt expense, primarily Brazil, reducing diluted EPS by ~$0.16
- Net debt to ttm adjusted ebitda
- 2.0x
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