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Side-by-side financial comparison of RLI CORP (RLI) 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 $465.7M, roughly 1.6× RLI CORP). RLI CORP runs the higher net margin — 19.6% vs 2.2%, a 17.4% gap on every dollar of revenue. On growth, RLI CORP posted the faster year-over-year revenue change (6.1% vs 2.5%). RLI CORP produced more free cash flow last quarter ($155.0M vs $28.9M). Over the past eight quarters, RLI CORP's revenue compounded faster (2.3% CAGR vs 0.9%).
RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. It is headquartered in Peoria, Illinois.
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.
RLI vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $465.7M | $766.5M |
| Net Profit | $91.2M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | 24.4% | 2.3% |
| Net Margin | 19.6% | 2.2% |
| Revenue YoY | 6.1% | 2.5% |
| Net Profit YoY | 123.1% | -3.3% |
| EPS (diluted) | $1.00 | $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 | $465.7M | $766.5M | ||
| Q3 25 | $509.3M | $739.6M | ||
| Q2 25 | $499.8M | $812.9M | ||
| Q1 25 | $407.7M | $704.8M | ||
| Q4 24 | $439.1M | $747.5M | ||
| Q3 24 | $470.0M | $775.6M | ||
| Q2 24 | $416.4M | $746.1M | ||
| Q1 24 | $444.8M | $752.6M |
| Q4 25 | $91.2M | $16.5M | ||
| Q3 25 | $124.6M | $19.9M | ||
| Q2 25 | $124.3M | $20.1M | ||
| Q1 25 | $63.2M | $17.4M | ||
| Q4 24 | $40.9M | $17.1M | ||
| Q3 24 | $95.0M | $17.0M | ||
| Q2 24 | $82.0M | $16.1M | ||
| Q1 24 | $127.9M | $12.8M |
| 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 24 | — | 12.6% |
| Q4 25 | 24.4% | 2.3% | ||
| Q3 25 | 30.9% | 3.5% | ||
| Q2 25 | 31.3% | 3.3% | ||
| Q1 25 | 19.3% | 3.2% | ||
| Q4 24 | 10.8% | 2.5% | ||
| Q3 24 | 24.9% | 2.3% | ||
| Q2 24 | 24.8% | 2.9% | ||
| Q1 24 | 36.0% | 2.3% |
| Q4 25 | 19.6% | 2.2% | ||
| Q3 25 | 24.5% | 2.7% | ||
| Q2 25 | 24.9% | 2.5% | ||
| Q1 25 | 15.5% | 2.5% | ||
| Q4 24 | 9.3% | 2.3% | ||
| Q3 24 | 20.2% | 2.2% | ||
| Q2 24 | 19.7% | 2.2% | ||
| Q1 24 | 28.8% | 1.7% |
| Q4 25 | $1.00 | $0.75 | ||
| Q3 25 | $1.35 | $0.89 | ||
| Q2 25 | $1.34 | $0.87 | ||
| Q1 25 | $0.68 | $0.74 | ||
| Q4 24 | $-2.87 | $0.70 | ||
| Q3 24 | $2.06 | $0.69 | ||
| Q2 24 | $1.78 | $0.66 | ||
| Q1 24 | $2.77 | $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 | — | $83.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $910.9M |
| Total Assets | $6.2B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | — | $110.5M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | — | $185.5M | ||
| Q1 24 | — | $159.1M |
| Q4 25 | — | — | ||
| Q3 25 | $100.0M | — | ||
| Q2 25 | $100.0M | — | ||
| Q1 25 | $100.0M | — | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $100.0M | — | ||
| Q2 24 | $100.0M | — | ||
| Q1 24 | $100.0M | — |
| Q4 25 | $1.8B | $910.9M | ||
| Q3 25 | $1.9B | $914.0M | ||
| Q2 25 | $1.7B | $906.4M | ||
| Q1 25 | $1.6B | $901.7M | ||
| Q4 24 | $1.5B | $900.7M | ||
| Q3 24 | $1.7B | $920.9M | ||
| Q2 24 | $1.6B | $924.3M | ||
| Q1 24 | $1.5B | $944.1M |
| Q4 25 | $6.2B | $1.7B | ||
| Q3 25 | $6.2B | $1.7B | ||
| Q2 25 | $6.0B | $1.8B | ||
| Q1 25 | $5.7B | $1.7B | ||
| Q4 24 | $5.6B | $1.7B | ||
| Q3 24 | $5.8B | $1.8B | ||
| Q2 24 | $5.5B | $1.8B | ||
| Q1 24 | $5.3B | $1.8B |
| Q4 25 | — | — | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.06× | — | ||
| Q1 24 | 0.07× | — |
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 | $156.8M | $30.8M |
| Free Cash FlowOCF − Capex | $155.0M | $28.9M |
| FCF MarginFCF / Revenue | 33.3% | 3.8% |
| Capex IntensityCapex / Revenue | 0.4% | 0.3% |
| Cash ConversionOCF / Net Profit | 1.72× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | $608.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.8M | $30.8M | ||
| Q3 25 | $179.2M | $23.2M | ||
| Q2 25 | $174.7M | — | ||
| Q1 25 | $103.5M | $66.1M | ||
| Q4 24 | $128.1M | $-6.2M | ||
| Q3 24 | $219.4M | $44.8M | ||
| Q2 24 | $141.8M | — | ||
| Q1 24 | $70.9M | $160.2M |
| Q4 25 | $155.0M | $28.9M | ||
| Q3 25 | $177.8M | $20.8M | ||
| Q2 25 | $173.4M | — | ||
| Q1 25 | $102.5M | $64.6M | ||
| Q4 24 | $127.6M | $-8.2M | ||
| Q3 24 | $219.0M | $42.5M | ||
| Q2 24 | $139.1M | — | ||
| Q1 24 | $69.9M | $157.7M |
| Q4 25 | 33.3% | 3.8% | ||
| Q3 25 | 34.9% | 2.8% | ||
| Q2 25 | 34.7% | — | ||
| Q1 25 | 25.1% | 9.2% | ||
| Q4 24 | 29.0% | -1.1% | ||
| Q3 24 | 46.6% | 5.5% | ||
| Q2 24 | 33.4% | — | ||
| Q1 24 | 15.7% | 21.0% |
| Q4 25 | 0.4% | 0.3% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.3% | 0.3% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.1% | 0.3% | ||
| Q3 24 | 0.1% | 0.3% | ||
| Q2 24 | 0.7% | 0.2% | ||
| Q1 24 | 0.2% | 0.3% |
| Q4 25 | 1.72× | 1.87× | ||
| Q3 25 | 1.44× | 1.17× | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.64× | 3.79× | ||
| Q4 24 | 3.13× | -0.36× | ||
| Q3 24 | 2.31× | 2.64× | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 0.55× | 12.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
