ScanSource Q4 2026 Results and MicroAge Acquisition
ScanSource Inc. (NASDAQ:SCSC) posted fourth‑quarter 2026 adjusted earnings per share of $1.46, surpassing the consensus estimate of $1.14 by $0.32. Revenue for the quarter reached $953.1 million, exceeding the analyst forecast of $821.95 million and representing a 17% increase from $812.9 million in the comparable quarter of the prior year. The Specialty Technology Solutions segment generated net sales of $927.2 million, up 18% year‑over‑year, driven by broad‑based growth in North America.
Gross profit rose 14% year‑over‑year to $119.8 million, while the gross profit margin slipped to 12.6% from 12.9% in the prior‑year period. Operating income increased 19% to $31.7 million.
The company announced a definitive agreement to acquire MicroAge, a leading IT solutions integrator, for cash consideration of $220.5 million. The acquisition is expected to close in the quarter ending September 30, 2026, subject to regulatory approval, and is intended to accelerate growth, expand margins and add new services capabilities.
For fiscal year 2027, excluding the pending MicroAge transaction, ScanSource guided net sales growth of 6% to 10% and adjusted EBITDA in the range of $158 million to $165 million, with the midpoint of $161.5 million not benchmarked against analyst estimates. For fiscal year 2026, the company generated operating cash flow of $123.1 million and repurchased $97.9 million of its own shares.
Shares of ScanSource rose 19.2% in pre‑market trading on Thursday following the earnings release. CEO and Chair Mike Baur said, “I’m proud of our team’s excellent fourth quarter performance, with 17% sales growth and even stronger EPS growth…we’re also excited about our agreement to acquire MicroAge, which we believe will accelerate growth, expand margins, and adds new services capabilities.”