ScanSource, Inc. engages in the distribution of technology products and solutions in the United States and internationally. It operates through two segments: Specialty Technology Solutions, and Intelisys & Advisory. The Specialty Technology Solutions segment offers mobility and barcode, including mobile computing; barcode scanners and imagers, radio frequency identification devices, barcode printing and related services; point of sale systems and integrated pos software platforms; payment terminals, such as self-service kiosks, payment terminals and mobile payment devices; physical security comprising video surveillance and analytics, and video management software and access control; networking, such as switching, and routing and wireless products and software; communications, including voice, video, communication platform integration, and contact center solutions; managed connectivity and wireless enablement solutions. This segment offers applications that have evolved from traditional uses, such as inventory control, materials handling, distribution, shipping and warehouse management, and healthcare applications. The Intelisys & Advisory segment offers connectivity and software-defined networking, cx (unified communications as a service and contact center as a service), cloud/data center, and security, managed AI, and wireless and IOT. This segment helps channel sales partners service various end users, including businesses of all sizes from very small business to enterprise size businesses. It serves manufacturing, warehouse and distribution, retail and e-commerce, hospitality, transportation and logistics, government, education and healthcare, and other industries. ScanSource, Inc. was incorporated in 1992 and is headquartered in Greenville, South Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.0B | $133M | $72M | $104M | 7.9% | -6.7% | -7.2% |
| 2024 | $3.3B | $141M | $77M | $363M | 8.3% | -13.9% | -14.2% |
| 2023 | $3.8B | $170M | $90M | $-46M | 9.9% | 7.3% | 1.1% |
| 2022 | $3.5B | $155M | $89M | $-131M | 11.0% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,529.94 | 3,787.72 | 3,259.81 | 3,040.81 |
| Cost Of Revenue | - | 3,103.41 | 3,338.48 | 2,860.76 | 2,632.16 |
| Gross Profit | - | 426.52 | 449.24 | 399.05 | 408.65 |
| Operating Expense | - | 304.36 | 313.35 | 304.37 | 316.17 |
| Operating Income | - | 122.17 | 135.89 | 94.68 | 92.48 |
| EBITDA | - | 155.03 | 170.25 | 140.88 | 132.60 |
| EBIT | - | 125.15 | 141.64 | 112.87 | 102.41 |
| Pretax Income | - | 118.62 | 121.85 | 99.84 | 94.40 |
| Tax Provision | - | 29.92 | 33.76 | 22.78 | 22.85 |
| Net Income | - | 88.80 | 89.81 | 77.06 | 71.55 |
| Net Income Common Stockholders | - | 88.80 | 89.81 | 77.06 | 71.55 |
| Total Expenses | - | 3,407.77 | 3,651.84 | 3,165.13 | 2,948.33 |
| Interest Expense | - | 6.52 | 19.79 | 13.03 | 8.01 |
| Interest Income | - | 4.33 | 7.41 | 9.38 | 11.25 |
| Selling General And Administration | - | 275.44 | 285.70 | 277.43 | 286.93 |
| Normalized EBITDA | - | 155.03 | 170.25 | 131.08 | 139.88 |
| Normalized Income | - | 88.70 | 88.09 | 69.50 | 77.07 |
| Market Cap | 887.14 | 887.14 | 887.14 | 887.14 | 887.14 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| ScanSource, Inc.this co. | SCSC | $947M | 12.40β discount | 0.98 | 7.9% | 6.85 |
| Rezolve AI PLC | RZLV | $981M | - | 3.35 | -41.1% | -10.09 |
| Amplitude, Inc. | AMPL | $952M | - | 3.92 | -36.1% | -8.40 |
| EFOR | EFOR | $943M | 10.19 | - | 6.3% | 6.33 |
| Daktronics, Inc. | DAKT | $928M | 34.62 | 3.13 |
| - |
| - |
| - |
| - |
| - |
| -3.7% |
| 9.89 |
| Aeva Technologies, Inc. | AEVA | $928M | - | 68.56 | -1100.5% | -7.43 |
| Cricut, Inc. | CRCT | $906M | 12.23 | 2.63 | 22.3% | 6.35 |
| indie Semiconductor, Inc. | INDI | $862M | - | 2.33 | -37.3% | -10.48 |
| LSI Industries Inc. | LYTS | $840M | 30.97 | 2.77 | 10.6% | 17.77 |
| Peer Median | - | 21.60 | 3.13 | -19.9% | -0.55 | |