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Side-by-side financial comparison of Principal Financial Group (PFG) 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 $750.8M, roughly 1.0× Principal Financial Group). SCANSOURCE, INC. runs the higher net margin — 2.2% vs 0.3%, a 1.9% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs 2.5%). Over the past eight quarters, SCANSOURCE, INC.'s revenue compounded faster (0.9% CAGR vs -58.3%).
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
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.
PFG vs SCSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $750.8M | $766.5M |
| Net Profit | $1.9M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | — | 2.3% |
| Net Margin | 0.3% | 2.2% |
| Revenue YoY | 4.0% | 2.5% |
| Net Profit YoY | 783.0% | -3.3% |
| EPS (diluted) | — | $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.
| Q1 26 | $750.8M | — | ||
| Q4 25 | $4.6B | $766.5M | ||
| Q3 25 | $3.7B | $739.6M | ||
| Q2 25 | $3.7B | $812.9M | ||
| Q1 25 | $3.7B | $704.8M | ||
| Q4 24 | $4.8B | $747.5M | ||
| Q3 24 | $3.0B | $775.6M | ||
| Q2 24 | $4.3B | $746.1M |
| Q1 26 | $1.9M | — | ||
| Q4 25 | $517.0M | $16.5M | ||
| Q3 25 | $213.8M | $19.9M | ||
| Q2 25 | $406.2M | $20.1M | ||
| Q1 25 | $48.1M | $17.4M | ||
| Q4 24 | $905.4M | $17.1M | ||
| Q3 24 | $-220.0M | $17.0M | ||
| Q2 24 | $353.1M | $16.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 2.9% |
| Q1 26 | 0.3% | — | ||
| Q4 25 | 11.3% | 2.2% | ||
| Q3 25 | 5.8% | 2.7% | ||
| Q2 25 | 11.1% | 2.5% | ||
| Q1 25 | 1.3% | 2.5% | ||
| Q4 24 | 19.1% | 2.3% | ||
| Q3 24 | -7.3% | 2.2% | ||
| Q2 24 | 8.2% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | $2.30 | $0.75 | ||
| Q3 25 | $0.95 | $0.89 | ||
| Q2 25 | $1.79 | $0.87 | ||
| Q1 25 | $0.21 | $0.74 | ||
| Q4 24 | $3.92 | $0.70 | ||
| Q3 24 | $-0.95 | $0.69 | ||
| Q2 24 | $1.49 | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $83.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $910.9M |
| Total Assets | — | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $83.5M | ||
| Q3 25 | $5.1B | $124.9M | ||
| Q2 25 | $3.7B | $126.2M | ||
| Q1 25 | $3.9B | $146.3M | ||
| Q4 24 | $4.2B | $110.5M | ||
| Q3 24 | $6.2B | $145.0M | ||
| Q2 24 | $4.8B | $185.5M |
| Q1 26 | — | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.9B | — |
| Q1 26 | — | — | ||
| Q4 25 | $11.9B | $910.9M | ||
| Q3 25 | $11.7B | $914.0M | ||
| Q2 25 | $11.4B | $906.4M | ||
| Q1 25 | $11.2B | $901.7M | ||
| Q4 24 | $11.1B | $900.7M | ||
| Q3 24 | $11.2B | $920.9M | ||
| Q2 24 | $11.0B | $924.3M |
| Q1 26 | — | — | ||
| Q4 25 | $341.4B | $1.7B | ||
| Q3 25 | $334.5B | $1.7B | ||
| Q2 25 | $323.1B | $1.8B | ||
| Q1 25 | $313.0B | $1.7B | ||
| Q4 24 | $313.7B | $1.7B | ||
| Q3 24 | $322.9B | $1.8B | ||
| Q2 24 | $308.8B | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — |
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 | — | $30.8M |
| Free Cash FlowOCF − Capex | — | $28.9M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $30.8M | ||
| Q3 25 | $1.0B | $23.2M | ||
| Q2 25 | $811.9M | — | ||
| Q1 25 | $977.3M | $66.1M | ||
| Q4 24 | $1.5B | $-6.2M | ||
| Q3 24 | $1.1B | $44.8M | ||
| Q2 24 | $1.4B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | 3.37× | 1.87× | ||
| Q3 25 | 4.70× | 1.17× | ||
| Q2 25 | 2.00× | — | ||
| Q1 25 | 20.32× | 3.79× | ||
| Q4 24 | 1.61× | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | 4.05× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PFG
Segment breakdown not available.
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
