ScanSource, Inc. filed its Form 10-Q with the SEC on November 5, 2026, covering the quarterly period ended September 30, 2026, reporting net sales of $962.3 million and net income of $8.7 million for the first fiscal quarter of 2027.

Key Highlights

  • Net sales: $962,294 thousand for the quarter ended September 30, 2026, compared to $739,650 thousand in the same quarter of the prior year, according to the filing.
  • Net income: $8,691 thousand for the quarter ended September 30, 2026, down from $19,878 thousand in the same prior-year quarter, as reported in the income statement.
  • Goodwill and intangible assets: Goodwill rose to $343,884 thousand and identifiable intangible assets, net, rose to $237,029 thousand at September 30, 2026, from $244,902 thousand and $64,391 thousand, respectively, at June 30, 2026.
  • Total assets: $2,233,075 thousand at September 30, 2026, up from $1,932,429 thousand at June 30, 2026, per the condensed consolidated balance sheet.
  • Revolving credit facility borrowings: $231,948 thousand outstanding at September 30, 2026, compared to zero at June 30, 2026, as disclosed in the balance sheet.
  • Shares outstanding: 20,325,050 shares of common stock outstanding as of October 30, 2026, per the cover page of the filing.
  • Basic earnings per share: $0.43 for the quarter ended September 30, 2026, compared to $0.90 in the prior-year quarter, as stated in the income statement.

ScanSource Reports Quarter Ended September 30, 2026 Financial Results

ScanSource, Inc. (NASDAQ:SCSC), a Greenville, South Carolina-based technology products and solutions distributor, reported net sales of $962,294 thousand for the quarter ended September 30, 2026, compared to $739,650 thousand for the quarter ended September 30, 2025, according to the filing. Cost of goods sold was $845,350 thousand, yielding gross profit of $116,944 thousand, up from $107,473 thousand in the prior-year quarter. Operating income was $12,393 thousand, compared to $25,903 thousand in the prior-year period, as selling, general and administrative expenses increased to $96,509 thousand from $75,275 thousand, and a restructuring expense of $1,653 thousand was recorded with no comparable charge in the prior year.

The company's condensed consolidated balance sheet reflected total assets of $2,233,075 thousand at September 30, 2026, rising from $1,932,429 thousand at June 30, 2026. Goodwill increased to $343,884 thousand from $244,902 thousand, and identifiable intangible assets, net, rose to $237,029 thousand from $64,391 thousand, over the same period. The filing disclosed that borrowings under the revolving credit facility were $231,948 thousand at September 30, 2026, compared to no borrowings at June 30, 2026. Total liabilities increased to $1,317,420 thousand from $1,021,637 thousand over the same period.

Net income for the quarter was $8,691 thousand, or $0.43 per basic share, compared to $19,878 thousand, or $0.90 per basic share, for the quarter ended September 30, 2025, the filing stated. The provision for income taxes was $3,228 thousand in the current quarter versus $7,118 thousand a year earlier. The filing noted that forward-looking statements within it are subject to risks and uncertainties, including macroeconomic conditions, tariffs, supply chain challenges, and other factors described in the company's cautionary language.

What Was Disclosed

ScanSource filed its quarterly report covering the period ended September 30, 2026, disclosing revenue, earnings, balance sheet changes, and share information. Total assets grew to $2,233,075 thousand and borrowings under the revolving credit facility were $231,948 thousand, while net income was $8,691 thousand for the quarter.