ScanSource Q1 net sales fall 4.6% to $739.7 million as diluted EPS rises 29%
ScanSource reported first-quarter fiscal 2026 results for the quarter ended September 30, 2025, with net sales down 4.6% year over year to $739.7 million while GAAP diluted EPS rose 29% to $0.89. The company reaffirmed its full-year fiscal 2026 outlook of $3.1 billion to $3.3 billion in net sales and $150 million to $160 million in adjusted EBITDA. Shareholders see lower sales offset by higher per-share profit, and the reaffirmed outlook means no change to guidance.
Key points
- Net sales were $739.7 million, down 4.6% from $775.6 million a year earlier; gross profit rose 5.8% to $107.5 million.
- GAAP net income was $19.9 million, or $0.89 per diluted share, versus $0.69 a year earlier; non-GAAP diluted EPS was $1.06, up 26.2%.
- Share repurchases totaled $21.3 million in the quarter, and cash and cash equivalents were $124.9 million as of September 30, 2025.
- FY26 outlook was reaffirmed: net sales of $3.1 billion to $3.3 billion, adjusted EBITDA of $150 million to $160 million, and free cash flow of at least $80 million.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.