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Side-by-side financial comparison of Sinclair, Inc. (SBGI) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
Sinclair, Inc. is the larger business by last-quarter revenue ($836.0M vs $766.5M, roughly 1.1× SCANSOURCE, INC.). Sinclair, Inc. runs the higher net margin — 13.0% vs 2.2%, a 10.9% gap on every dollar of revenue. On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs -16.7%). Sinclair, Inc. produced more free cash flow last quarter ($79.0M vs $28.9M). Over the past eight quarters, Sinclair, Inc.'s revenue compounded faster (2.4% CAGR vs 0.9%).
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
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.
SBGI vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $836.0M | $766.5M |
| Net Profit | $109.0M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | 9.6% | 2.3% |
| Net Margin | 13.0% | 2.2% |
| Revenue YoY | -16.7% | 2.5% |
| Net Profit YoY | -38.1% | -3.3% |
| EPS (diluted) | $1.62 | $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 | $836.0M | $766.5M | ||
| Q3 25 | $773.0M | $739.6M | ||
| Q2 25 | $784.0M | $812.9M | ||
| Q1 25 | $776.0M | $704.8M | ||
| Q4 24 | $1.0B | $747.5M | ||
| Q3 24 | $917.0M | $775.6M | ||
| Q2 24 | $829.0M | $746.1M | ||
| Q1 24 | $798.0M | $752.6M |
| Q4 25 | $109.0M | $16.5M | ||
| Q3 25 | $-1.0M | $19.9M | ||
| Q2 25 | $-64.0M | $20.1M | ||
| Q1 25 | $-156.0M | $17.4M | ||
| Q4 24 | $176.0M | $17.1M | ||
| Q3 24 | $94.0M | $17.0M | ||
| Q2 24 | $17.0M | $16.1M | ||
| Q1 24 | $23.0M | $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 | 9.6% | 2.3% | ||
| Q3 25 | 7.5% | 3.5% | ||
| Q2 25 | 2.7% | 3.3% | ||
| Q1 25 | 1.8% | 3.2% | ||
| Q4 24 | 26.5% | 2.5% | ||
| Q3 24 | 19.5% | 2.3% | ||
| Q2 24 | 7.7% | 2.9% | ||
| Q1 24 | 5.3% | 2.3% |
| Q4 25 | 13.0% | 2.2% | ||
| Q3 25 | -0.1% | 2.7% | ||
| Q2 25 | -8.2% | 2.5% | ||
| Q1 25 | -20.1% | 2.5% | ||
| Q4 24 | 17.5% | 2.3% | ||
| Q3 24 | 10.3% | 2.2% | ||
| Q2 24 | 2.1% | 2.2% | ||
| Q1 24 | 2.9% | 1.7% |
| Q4 25 | $1.62 | $0.75 | ||
| Q3 25 | $-0.02 | $0.89 | ||
| Q2 25 | $-0.91 | $0.87 | ||
| Q1 25 | $-2.30 | $0.74 | ||
| Q4 24 | $2.64 | $0.70 | ||
| Q3 24 | $1.43 | $0.69 | ||
| Q2 24 | $0.27 | $0.66 | ||
| Q1 24 | $0.35 | $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 | $866.0M | $83.5M |
| Total DebtLower is stronger | $4.4B | — |
| Stockholders' EquityBook value | $443.0M | $910.9M |
| Total Assets | $5.9B | $1.7B |
| Debt / EquityLower = less leverage | 9.84× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $866.0M | $83.5M | ||
| Q3 25 | $526.0M | $124.9M | ||
| Q2 25 | $616.0M | $126.2M | ||
| Q1 25 | $631.0M | $146.3M | ||
| Q4 24 | $697.0M | $110.5M | ||
| Q3 24 | $536.0M | $145.0M | ||
| Q2 24 | $378.0M | $185.5M | ||
| Q1 24 | $655.0M | $159.1M |
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | — | ||
| Q1 24 | $4.1B | — |
| Q4 25 | $443.0M | $910.9M | ||
| Q3 25 | $347.0M | $914.0M | ||
| Q2 25 | $361.0M | $906.4M | ||
| Q1 25 | $436.0M | $901.7M | ||
| Q4 24 | $583.0M | $900.7M | ||
| Q3 24 | $415.0M | $920.9M | ||
| Q2 24 | $340.0M | $924.3M | ||
| Q1 24 | $333.0M | $944.1M |
| Q4 25 | $5.9B | $1.7B | ||
| Q3 25 | $5.6B | $1.7B | ||
| Q2 25 | $5.7B | $1.8B | ||
| Q1 25 | $5.8B | $1.7B | ||
| Q4 24 | $5.9B | $1.7B | ||
| Q3 24 | $5.8B | $1.8B | ||
| Q2 24 | $5.7B | $1.8B | ||
| Q1 24 | $6.0B | $1.8B |
| Q4 25 | 9.84× | — | ||
| Q3 25 | 11.75× | — | ||
| Q2 25 | 11.30× | — | ||
| Q1 25 | 9.56× | — | ||
| Q4 24 | 7.02× | — | ||
| Q3 24 | 9.86× | — | ||
| Q2 24 | 12.08× | — | ||
| Q1 24 | 12.35× | — |
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 | $98.0M | $30.8M |
| Free Cash FlowOCF − Capex | $79.0M | $28.9M |
| FCF MarginFCF / Revenue | 9.4% | 3.8% |
| Capex IntensityCapex / Revenue | 2.3% | 0.3% |
| Cash ConversionOCF / Net Profit | 0.90× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | $115.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.0M | $30.8M | ||
| Q3 25 | $-36.0M | $23.2M | ||
| Q2 25 | $122.0M | — | ||
| Q1 25 | $5.0M | $66.1M | ||
| Q4 24 | $198.0M | $-6.2M | ||
| Q3 24 | $210.0M | $44.8M | ||
| Q2 24 | $-306.0M | — | ||
| Q1 24 | $-4.0M | $160.2M |
| Q4 25 | $79.0M | $28.9M | ||
| Q3 25 | $-58.0M | $20.8M | ||
| Q2 25 | $105.0M | — | ||
| Q1 25 | $-11.0M | $64.6M | ||
| Q4 24 | $175.0M | $-8.2M | ||
| Q3 24 | $193.0M | $42.5M | ||
| Q2 24 | $-329.0M | — | ||
| Q1 24 | $-25.0M | $157.7M |
| Q4 25 | 9.4% | 3.8% | ||
| Q3 25 | -7.5% | 2.8% | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | -1.4% | 9.2% | ||
| Q4 24 | 17.4% | -1.1% | ||
| Q3 24 | 21.0% | 5.5% | ||
| Q2 24 | -39.7% | — | ||
| Q1 24 | -3.1% | 21.0% |
| Q4 25 | 2.3% | 0.3% | ||
| Q3 25 | 2.8% | 0.3% | ||
| Q2 25 | 2.2% | 0.3% | ||
| Q1 25 | 2.1% | 0.2% | ||
| Q4 24 | 2.3% | 0.3% | ||
| Q3 24 | 1.9% | 0.3% | ||
| Q2 24 | 2.8% | 0.2% | ||
| Q1 24 | 2.6% | 0.3% |
| Q4 25 | 0.90× | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | 1.13× | -0.36× | ||
| Q3 24 | 2.23× | 2.64× | ||
| Q2 24 | -18.00× | — | ||
| Q1 24 | -0.17× | 12.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
