ScanSource — Q1 FY27 Earnings Summary

ScanSource reported first-quarter fiscal 2027 net sales of $962.3 million, representing a 30.1% year-over-year increase driven by strong demand and the acquisition of MicroAge. Gross profit rose 8.8% to $116.9 million, though the gross profit margin declined to 12.2% due to a sales mix favoring lower-margin hardware and large deals. GAAP net income decreased to $8.7 million, or $0.42 per diluted share, from $19.9 million in the prior-year quarter, while non-GAAP net income fell to $17.7 million. The company raised its full-year fiscal 2027 outlook, projecting net sales between $3.8 billion and $4.0 billion and adjusted EBITDA between $175 million and $185 million.