ScanSource, Inc. reported its financial results for the quarter and six months ended December 31, 2025, revealing a net sales figure of $766.5 million for the quarter, a 2.5% increase from $747.5 million in the same period last year. For the first half of the fiscal year, net sales totaled $1.506 billion, down 1.1% from $1.523 billion in the prior year. The company’s gross profit for the quarter was $102.9 million, reflecting a slight increase from $101.7 million year-over-year, while operating income decreased to $17.9 million from $18.4 million in the previous year.
The company experienced notable changes in its financial performance compared to the previous fiscal period. The Specialty Technology Solutions segment saw a 2.5% increase in net sales to $741.5 million, while the Intelisys & Advisory segment reported a 3.1% increase to $25 million. However, the overall decline in net sales for the six-month period was attributed to lower large deals and adverse foreign exchange impacts. The company’s net income for the quarter was $16.5 million, or $0.75 per diluted share, compared to $17.1 million, or $0.70 per diluted share, in the prior year.
Strategically, ScanSource completed the acquisition of DataXoom on October 20, 2025, for an initial cash purchase price of $18.4 million, which is expected to enhance its connectivity offerings. The company also reported an increase in goodwill and identifiable intangible assets, primarily due to this acquisition. The total assets of ScanSource decreased to $1.742 billion from $1.786 billion at the end of the previous fiscal year, while total liabilities also decreased to $830.8 million from $879.2 million.
Operationally, ScanSource reported a customer base of approximately 25,000 channel sales partners, primarily in the United States and Brazil. The company’s cash and cash equivalents stood at $83.5 million, down from $126.2 million at the end of June 2025. The company’s days sales outstanding (DSO) was 71 days, slightly up from 70 days at the end of the previous fiscal year. The company’s inventory turnover was reported at 5.3 times for the quarter, compared to 5.9 times in the previous quarter.
Looking ahead, ScanSource anticipates continued challenges from macroeconomic conditions, including inflation and tariffs, which may impact its financial performance. The company is actively monitoring these conditions and plans to pass through supplier price increases to its channel sales partners. Management expects to maintain financial flexibility and is focused on driving sustainable growth through its strategic initiatives and acquisitions.
About SCANSOURCE, INC.
ScanSource, Inc. is a global technology distributor providing hardware, software, and cloud services through multiple sales models. Serving approximately 25,000 channel partners across various industries, it offers solutions in mobility, security, POS, networking, and connectivity. With a focus on operational excellence, supplier relationships, and a people-first culture, the company enables partners to deliver converging technology solutions and address evolving end-user needs.
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