vs
Side-by-side financial comparison of ESAB Corp (ESAB) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $727.8M, roughly 1.1× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs 2.2%, a 5.4% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 2.5%). ESAB Corp produced more free cash flow last quarter ($70.3M vs $28.9M). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs 0.9%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
ESAB vs SCSC — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $766.5M |
| Net Profit | $54.8M | $16.5M |
| Gross Margin | 37.0% | 13.4% |
| Operating Margin | 14.6% | 2.3% |
| Net Margin | 7.5% | 2.2% |
| Revenue YoY | 8.5% | 2.5% |
| Net Profit YoY | 2.1% | -3.3% |
| EPS (diluted) | $0.90 | $0.75 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $727.8M | $766.5M | ||
| Q3 25 | $715.6M | $739.6M | ||
| Q2 25 | $678.1M | $812.9M | ||
| Q1 25 | — | $704.8M | ||
| Q4 24 | $670.8M | $747.5M | ||
| Q3 24 | $673.3M | $775.6M | ||
| Q2 24 | $707.1M | $746.1M | ||
| Q1 24 | $689.7M | $752.6M |
| Q4 25 | $54.8M | $16.5M | ||
| Q3 25 | $66.9M | $19.9M | ||
| Q2 25 | $67.4M | $20.1M | ||
| Q1 25 | — | $17.4M | ||
| Q4 24 | $53.7M | $17.1M | ||
| Q3 24 | $68.2M | $17.0M | ||
| Q2 24 | $82.9M | $16.1M | ||
| Q1 24 | $60.0M | $12.8M |
| Q4 25 | 37.0% | 13.4% | ||
| Q3 25 | 37.2% | 14.5% | ||
| Q2 25 | 37.6% | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | 38.5% | 13.6% | ||
| Q3 24 | 37.7% | 13.1% | ||
| Q2 24 | 38.2% | 13.0% | ||
| Q1 24 | 37.0% | 12.6% |
| Q4 25 | 14.6% | 2.3% | ||
| Q3 25 | 15.2% | 3.5% | ||
| Q2 25 | 16.2% | 3.3% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | 16.6% | 2.5% | ||
| Q3 24 | 15.7% | 2.3% | ||
| Q2 24 | 16.9% | 2.9% | ||
| Q1 24 | 16.0% | 2.3% |
| Q4 25 | 7.5% | 2.2% | ||
| Q3 25 | 9.3% | 2.7% | ||
| Q2 25 | 9.9% | 2.5% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | 8.0% | 2.3% | ||
| Q3 24 | 10.1% | 2.2% | ||
| Q2 24 | 11.7% | 2.2% | ||
| Q1 24 | 8.7% | 1.7% |
| Q4 25 | $0.90 | $0.75 | ||
| Q3 25 | $1.09 | $0.89 | ||
| Q2 25 | $1.10 | $0.87 | ||
| Q1 25 | — | $0.74 | ||
| Q4 24 | $0.87 | $0.70 | ||
| Q3 24 | $1.11 | $0.69 | ||
| Q2 24 | $1.35 | $0.66 | ||
| Q1 24 | $0.98 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.2M | $83.5M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $2.1B | $910.9M |
| Total Assets | $4.9B | $1.7B |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $83.5M | ||
| Q3 25 | $258.2M | $124.9M | ||
| Q2 25 | $291.3M | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | $249.4M | $110.5M | ||
| Q3 24 | $253.7M | $145.0M | ||
| Q2 24 | $228.5M | $185.5M | ||
| Q1 24 | $76.5M | $159.1M |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $992.8M | — |
| Q4 25 | $2.1B | $910.9M | ||
| Q3 25 | $2.1B | $914.0M | ||
| Q2 25 | $1.9B | $906.4M | ||
| Q1 25 | — | $901.7M | ||
| Q4 24 | $1.8B | $900.7M | ||
| Q3 24 | $1.8B | $920.9M | ||
| Q2 24 | $1.7B | $924.3M | ||
| Q1 24 | $1.6B | $944.1M |
| Q4 25 | $4.9B | $1.7B | ||
| Q3 25 | $4.4B | $1.7B | ||
| Q2 25 | $4.2B | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $4.0B | $1.7B | ||
| Q3 24 | $4.1B | $1.8B | ||
| Q2 24 | $4.0B | $1.8B | ||
| Q1 24 | $3.8B | $1.8B |
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 0.61× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $81.5M | $30.8M |
| Free Cash FlowOCF − Capex | $70.3M | $28.9M |
| FCF MarginFCF / Revenue | 9.7% | 3.8% |
| Capex IntensityCapex / Revenue | 1.5% | 0.3% |
| Cash ConversionOCF / Net Profit | 1.49× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $30.8M | ||
| Q3 25 | $46.6M | $23.2M | ||
| Q2 25 | $35.4M | — | ||
| Q1 25 | — | $66.1M | ||
| Q4 24 | $126.9M | $-6.2M | ||
| Q3 24 | $101.0M | $44.8M | ||
| Q2 24 | $83.0M | — | ||
| Q1 24 | $44.5M | $160.2M |
| Q4 25 | $70.3M | $28.9M | ||
| Q3 25 | $37.4M | $20.8M | ||
| Q2 25 | $28.1M | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | $102.2M | $-8.2M | ||
| Q3 24 | $90.4M | $42.5M | ||
| Q2 24 | $74.0M | — | ||
| Q1 24 | $37.1M | $157.7M |
| Q4 25 | 9.7% | 3.8% | ||
| Q3 25 | 5.2% | 2.8% | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | 15.2% | -1.1% | ||
| Q3 24 | 13.4% | 5.5% | ||
| Q2 24 | 10.5% | — | ||
| Q1 24 | 5.4% | 21.0% |
| Q4 25 | 1.5% | 0.3% | ||
| Q3 25 | 1.3% | 0.3% | ||
| Q2 25 | 1.1% | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 3.7% | 0.3% | ||
| Q3 24 | 1.6% | 0.3% | ||
| Q2 24 | 1.3% | 0.2% | ||
| Q1 24 | 1.1% | 0.3% |
| Q4 25 | 1.49× | 1.87× | ||
| Q3 25 | 0.70× | 1.17× | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | 2.36× | -0.36× | ||
| Q3 24 | 1.48× | 2.64× | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 0.74× | 12.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
