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Side-by-side financial comparison of SCANSOURCE, INC. (SCSC) and Spectrum Brands Holdings, Inc. (SPB). Click either name above to swap in a different company.

SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $677.0M, roughly 1.1× Spectrum Brands Holdings, Inc.). Spectrum Brands Holdings, Inc. runs the higher net margin — 4.2% vs 2.2%, a 2.0% gap on every dollar of revenue. On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs -3.3%). Spectrum Brands Holdings, Inc. produced more free cash flow last quarter ($59.3M vs $28.9M). Over the past eight quarters, SCANSOURCE, INC.'s revenue compounded faster (0.9% CAGR vs -2.9%).

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.

Spectrum Brands Holdings, Inc. is an American multinational consumer products conglomerate headquartered in Middleton, Wisconsin. It was established in 2005 as the successor to Rayovac Corporation.

SCSC vs SPB — Head-to-Head

Bigger by revenue
SCSC
SCSC
1.1× larger
SCSC
$766.5M
$677.0M
SPB
Growing faster (revenue YoY)
SCSC
SCSC
+5.9% gap
SCSC
2.5%
-3.3%
SPB
Higher net margin
SPB
SPB
2.0% more per $
SPB
4.2%
2.2%
SCSC
More free cash flow
SPB
SPB
$30.4M more FCF
SPB
$59.3M
$28.9M
SCSC
Faster 2-yr revenue CAGR
SCSC
SCSC
Annualised
SCSC
0.9%
-2.9%
SPB

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
SCSC
SCSC
SPB
SPB
Revenue
$766.5M
$677.0M
Net Profit
$16.5M
$28.4M
Gross Margin
13.4%
35.7%
Operating Margin
2.3%
4.0%
Net Margin
2.2%
4.2%
Revenue YoY
2.5%
-3.3%
Net Profit YoY
-3.3%
20.9%
EPS (diluted)
$0.75
$1.21

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
SPB
SPB
Q4 25
$766.5M
$677.0M
Q3 25
$739.6M
$733.5M
Q2 25
$812.9M
$699.6M
Q1 25
$704.8M
$675.7M
Q4 24
$747.5M
$700.2M
Q3 24
$775.6M
$773.8M
Q2 24
$746.1M
$779.4M
Q1 24
$752.6M
$718.5M
Net Profit
SCSC
SCSC
SPB
SPB
Q4 25
$16.5M
$28.4M
Q3 25
$19.9M
$55.6M
Q2 25
$20.1M
$19.9M
Q1 25
$17.4M
$900.0K
Q4 24
$17.1M
$23.5M
Q3 24
$17.0M
$28.5M
Q2 24
$16.1M
$6.1M
Q1 24
$12.8M
$61.1M
Gross Margin
SCSC
SCSC
SPB
SPB
Q4 25
13.4%
35.7%
Q3 25
14.5%
35.0%
Q2 25
12.9%
37.8%
Q1 25
14.2%
37.5%
Q4 24
13.6%
36.8%
Q3 24
13.1%
37.2%
Q2 24
13.0%
38.9%
Q1 24
12.6%
38.1%
Operating Margin
SCSC
SCSC
SPB
SPB
Q4 25
2.3%
4.0%
Q3 25
3.5%
4.0%
Q2 25
3.3%
4.5%
Q1 25
3.2%
2.9%
Q4 24
2.5%
6.4%
Q3 24
2.3%
2.8%
Q2 24
2.9%
6.1%
Q1 24
2.3%
10.6%
Net Margin
SCSC
SCSC
SPB
SPB
Q4 25
2.2%
4.2%
Q3 25
2.7%
7.6%
Q2 25
2.5%
2.8%
Q1 25
2.5%
0.1%
Q4 24
2.3%
3.4%
Q3 24
2.2%
3.7%
Q2 24
2.2%
0.8%
Q1 24
1.7%
8.5%
EPS (diluted)
SCSC
SCSC
SPB
SPB
Q4 25
$0.75
$1.21
Q3 25
$0.89
$2.19
Q2 25
$0.87
$0.80
Q1 25
$0.74
$0.03
Q4 24
$0.70
$0.84
Q3 24
$0.69
$1.03
Q2 24
$0.66
$0.21
Q1 24
$0.50
$2.01

Balance Sheet & Financial Strength

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

Metric
SCSC
SCSC
SPB
SPB
Cash + ST InvestmentsLiquidity on hand
$83.5M
$126.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$910.9M
$1.9B
Total Assets
$1.7B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCSC
SCSC
SPB
SPB
Q4 25
$83.5M
$126.6M
Q3 25
$124.9M
$123.6M
Q2 25
$126.2M
$122.0M
Q1 25
$146.3M
$96.0M
Q4 24
$110.5M
$179.9M
Q3 24
$145.0M
$368.9M
Q2 24
$185.5M
$306.8M
Q1 24
$159.1M
$1.2B
Total Debt
SCSC
SCSC
SPB
SPB
Q4 25
Q3 25
$496.1M
Q2 25
Q1 25
Q4 24
Q3 24
$496.1M
Q2 24
Q1 24
Stockholders' Equity
SCSC
SCSC
SPB
SPB
Q4 25
$910.9M
$1.9B
Q3 25
$914.0M
$1.9B
Q2 25
$906.4M
$1.9B
Q1 25
$901.7M
$1.9B
Q4 24
$900.7M
$2.0B
Q3 24
$920.9M
$2.1B
Q2 24
$924.3M
$2.1B
Q1 24
$944.1M
$2.3B
Total Assets
SCSC
SCSC
SPB
SPB
Q4 25
$1.7B
$3.4B
Q3 25
$1.7B
$3.4B
Q2 25
$1.8B
$3.5B
Q1 25
$1.7B
$3.5B
Q4 24
$1.7B
$3.6B
Q3 24
$1.8B
$3.8B
Q2 24
$1.8B
$3.8B
Q1 24
$1.8B
$4.8B
Debt / Equity
SCSC
SCSC
SPB
SPB
Q4 25
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
Q1 24

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
SPB
SPB
Operating Cash FlowLast quarter
$30.8M
$67.4M
Free Cash FlowOCF − Capex
$28.9M
$59.3M
FCF MarginFCF / Revenue
3.8%
8.8%
Capex IntensityCapex / Revenue
0.3%
1.2%
Cash ConversionOCF / Net Profit
1.87×
2.37×
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCSC
SCSC
SPB
SPB
Q4 25
$30.8M
$67.4M
Q3 25
$23.2M
$171.1M
Q2 25
$81.8M
Q1 25
$66.1M
$23.1M
Q4 24
$-6.2M
$-72.4M
Q3 24
$44.8M
$80.7M
Q2 24
$82.7M
Q1 24
$160.2M
$3.5M
Free Cash Flow
SCSC
SCSC
SPB
SPB
Q4 25
$28.9M
$59.3M
Q3 25
$20.8M
$157.9M
Q2 25
$71.8M
Q1 25
$64.6M
$13.9M
Q4 24
$-8.2M
$-78.3M
Q3 24
$42.5M
$67.7M
Q2 24
$72.6M
Q1 24
$157.7M
$-9.0M
FCF Margin
SCSC
SCSC
SPB
SPB
Q4 25
3.8%
8.8%
Q3 25
2.8%
21.5%
Q2 25
10.3%
Q1 25
9.2%
2.1%
Q4 24
-1.1%
-11.2%
Q3 24
5.5%
8.7%
Q2 24
9.3%
Q1 24
21.0%
-1.3%
Capex Intensity
SCSC
SCSC
SPB
SPB
Q4 25
0.3%
1.2%
Q3 25
0.3%
1.8%
Q2 25
0.3%
1.4%
Q1 25
0.2%
1.4%
Q4 24
0.3%
0.8%
Q3 24
0.3%
1.7%
Q2 24
0.2%
1.3%
Q1 24
0.3%
1.7%
Cash Conversion
SCSC
SCSC
SPB
SPB
Q4 25
1.87×
2.37×
Q3 25
1.17×
3.08×
Q2 25
4.11×
Q1 25
3.79×
25.67×
Q4 24
-0.36×
-3.08×
Q3 24
2.64×
2.83×
Q2 24
13.56×
Q1 24
12.51×
0.06×

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%

SPB
SPB

HPC Segment$321.5M47%
Global Pet Supplies$168.7M25%
Home And Personal Care$109.8M16%
HG Segment$73.9M11%

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