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Side-by-side financial comparison of SCANSOURCE, INC. (SCSC) and SM Energy Co (SM). Click either name above to swap in a different company.

SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $704.9M, roughly 1.1× SM Energy Co). On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 0.9%).

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.

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

SCSC vs SM — Head-to-Head

Bigger by revenue
SCSC
SCSC
1.1× larger
SCSC
$766.5M
$704.9M
SM
Growing faster (revenue YoY)
SCSC
SCSC
+19.8% gap
SCSC
2.5%
-17.3%
SM
Faster 2-yr revenue CAGR
SM
SM
Annualised
SM
12.2%
0.9%
SCSC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SCSC
SCSC
SM
SM
Revenue
$766.5M
$704.9M
Net Profit
$16.5M
Gross Margin
13.4%
Operating Margin
2.3%
25.9%
Net Margin
2.2%
Revenue YoY
2.5%
-17.3%
Net Profit YoY
-3.3%
EPS (diluted)
$0.75
$0.94

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.

Revenue
SCSC
SCSC
SM
SM
Q4 25
$766.5M
$704.9M
Q3 25
$739.6M
$811.6M
Q2 25
$812.9M
$792.9M
Q1 25
$704.8M
$844.5M
Q4 24
$747.5M
$852.0M
Q3 24
$775.6M
$643.6M
Q2 24
$746.1M
$634.6M
Q1 24
$752.6M
$559.9M
Net Profit
SCSC
SCSC
SM
SM
Q4 25
$16.5M
Q3 25
$19.9M
$155.1M
Q2 25
$20.1M
$201.7M
Q1 25
$17.4M
$182.3M
Q4 24
$17.1M
Q3 24
$17.0M
$240.5M
Q2 24
$16.1M
$210.3M
Q1 24
$12.8M
$131.2M
Gross Margin
SCSC
SCSC
SM
SM
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%
Operating Margin
SCSC
SCSC
SM
SM
Q4 25
2.3%
25.9%
Q3 25
3.5%
30.4%
Q2 25
3.3%
37.2%
Q1 25
3.2%
32.7%
Q4 24
2.5%
33.7%
Q3 24
2.3%
51.4%
Q2 24
2.9%
44.0%
Q1 24
2.3%
31.9%
Net Margin
SCSC
SCSC
SM
SM
Q4 25
2.2%
Q3 25
2.7%
19.1%
Q2 25
2.5%
25.4%
Q1 25
2.5%
21.6%
Q4 24
2.3%
Q3 24
2.2%
37.4%
Q2 24
2.2%
33.1%
Q1 24
1.7%
23.4%
EPS (diluted)
SCSC
SCSC
SM
SM
Q4 25
$0.75
$0.94
Q3 25
$0.89
$1.35
Q2 25
$0.87
$1.76
Q1 25
$0.74
$1.59
Q4 24
$0.70
$1.63
Q3 24
$0.69
$2.09
Q2 24
$0.66
$1.82
Q1 24
$0.50
$1.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SCSC
SCSC
SM
SM
Cash + ST InvestmentsLiquidity on hand
$83.5M
$368.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$910.9M
$4.8B
Total Assets
$1.7B
$9.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCSC
SCSC
SM
SM
Q4 25
$83.5M
$368.0M
Q3 25
$124.9M
$162.3M
Q2 25
$126.2M
$101.9M
Q1 25
$146.3M
$54.0K
Q4 24
$110.5M
Q3 24
$145.0M
$1.7B
Q2 24
$185.5M
$487.9M
Q1 24
$159.1M
$506.3M
Stockholders' Equity
SCSC
SCSC
SM
SM
Q4 25
$910.9M
$4.8B
Q3 25
$914.0M
$4.7B
Q2 25
$906.4M
$4.6B
Q1 25
$901.7M
$4.4B
Q4 24
$900.7M
$4.2B
Q3 24
$920.9M
$4.1B
Q2 24
$924.3M
$3.8B
Q1 24
$944.1M
$3.7B
Total Assets
SCSC
SCSC
SM
SM
Q4 25
$1.7B
$9.3B
Q3 25
$1.7B
$9.1B
Q2 25
$1.8B
$9.0B
Q1 25
$1.7B
$8.8B
Q4 24
$1.7B
$8.6B
Q3 24
$1.8B
$8.0B
Q2 24
$1.8B
$6.7B
Q1 24
$1.8B
$6.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SCSC
SCSC
SM
SM
Operating Cash FlowLast quarter
$30.8M
$451.9M
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.

Operating Cash Flow
SCSC
SCSC
SM
SM
Q4 25
$30.8M
$451.9M
Q3 25
$23.2M
$505.0M
Q2 25
$571.1M
Q1 25
$66.1M
$483.0M
Q4 24
$-6.2M
$578.4M
Q3 24
$44.8M
$452.3M
Q2 24
$476.4M
Q1 24
$160.2M
$276.0M
Free Cash Flow
SCSC
SCSC
SM
SM
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 24
$157.7M
FCF Margin
SCSC
SCSC
SM
SM
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 24
21.0%
Capex Intensity
SCSC
SCSC
SM
SM
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 24
0.3%
Cash Conversion
SCSC
SCSC
SM
SM
Q4 25
1.87×
Q3 25
1.17×
3.26×
Q2 25
2.83×
Q1 25
3.79×
2.65×
Q4 24
-0.36×
Q3 24
2.64×
1.88×
Q2 24
2.27×
Q1 24
12.51×
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SCSC
SCSC

Products And Services$723.4M94%
Intelisys Advisory$25.0M3%
Recurring Revenue$18.2M2%

SM
SM

Segment breakdown not available.

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