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Side-by-side financial comparison of SCANSOURCE, INC. (SCSC) and TIC Solutions, Inc. (TIC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $508.3M, roughly 1.5× TIC Solutions, Inc.). SCANSOURCE, INC. runs the higher net margin — 2.2% vs -9.3%, a 11.4% gap on every dollar of revenue. TIC Solutions, Inc. produced more free cash flow last quarter ($37.1M vs $28.9M).
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.
SCSC vs TIC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $766.5M | $508.3M |
| Net Profit | $16.5M | $-47.2M |
| Gross Margin | 13.4% | 35.2% |
| Operating Margin | 2.3% | -3.8% |
| Net Margin | 2.2% | -9.3% |
| Revenue YoY | 2.5% | — |
| Net Profit YoY | -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.
| Q4 25 | $766.5M | $508.3M | ||
| Q3 25 | $739.6M | $473.9M | ||
| Q2 25 | $812.9M | $313.9M | ||
| Q1 25 | $704.8M | $234.2M | ||
| Q4 24 | $747.5M | — | ||
| Q3 24 | $775.6M | — | ||
| Q2 24 | $746.1M | — | ||
| Q1 24 | $752.6M | — |
| Q4 25 | $16.5M | $-47.2M | ||
| Q3 25 | $19.9M | $-13.9M | ||
| Q2 25 | $20.1M | $-233.0K | ||
| Q1 25 | $17.4M | $-25.8M | ||
| Q4 24 | $17.1M | — | ||
| Q3 24 | $17.0M | — | ||
| Q2 24 | $16.1M | — | ||
| Q1 24 | $12.8M | — |
| Q4 25 | 13.4% | 35.2% | ||
| Q3 25 | 14.5% | 32.2% | ||
| Q2 25 | 12.9% | 23.6% | ||
| Q1 25 | 14.2% | 18.6% | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 13.1% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 12.6% | — |
| Q4 25 | 2.3% | -3.8% | ||
| Q3 25 | 3.5% | -1.4% | ||
| Q2 25 | 3.3% | 5.8% | ||
| Q1 25 | 3.2% | -4.0% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 2.3% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 2.3% | — |
| Q4 25 | 2.2% | -9.3% | ||
| Q3 25 | 2.7% | -2.9% | ||
| Q2 25 | 2.5% | -0.1% | ||
| Q1 25 | 2.5% | -11.0% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 1.7% | — |
| Q4 25 | $0.75 | — | ||
| Q3 25 | $0.89 | $-0.08 | ||
| Q2 25 | $0.87 | — | ||
| Q1 25 | $0.74 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $0.69 | — | ||
| Q2 24 | $0.66 | — | ||
| Q1 24 | $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 | $439.5M |
| Total DebtLower is stronger | — | $1.6B |
| Stockholders' EquityBook value | $910.9M | $2.2B |
| Total Assets | $1.7B | $4.4B |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $83.5M | $439.5M | ||
| Q3 25 | $124.9M | $164.4M | ||
| Q2 25 | $126.2M | $130.1M | ||
| Q1 25 | $146.3M | $155.7M | ||
| Q4 24 | $110.5M | — | ||
| Q3 24 | $145.0M | — | ||
| Q2 24 | $185.5M | — | ||
| Q1 24 | $159.1M | — |
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $910.9M | $2.2B | ||
| Q3 25 | $914.0M | $2.0B | ||
| Q2 25 | $906.4M | $1.2B | ||
| Q1 25 | $901.7M | $1.1B | ||
| Q4 24 | $900.7M | — | ||
| Q3 24 | $920.9M | — | ||
| Q2 24 | $924.3M | — | ||
| Q1 24 | $944.1M | — |
| Q4 25 | $1.7B | $4.4B | ||
| Q3 25 | $1.7B | $4.2B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.8B | — |
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $30.8M | $49.7M |
| Free Cash FlowOCF − Capex | $28.9M | $37.1M |
| FCF MarginFCF / Revenue | 3.8% | 7.3% |
| Capex IntensityCapex / Revenue | 0.3% | 2.5% |
| Cash ConversionOCF / Net Profit | 1.87× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $61.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.8M | $49.7M | ||
| Q3 25 | $23.2M | $19.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | $66.1M | $32.8M | ||
| Q4 24 | $-6.2M | — | ||
| Q3 24 | $44.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $160.2M | — |
| Q4 25 | $28.9M | $37.1M | ||
| Q3 25 | $20.8M | $10.3M | ||
| Q2 25 | — | $-14.5M | ||
| Q1 25 | $64.6M | $28.3M | ||
| Q4 24 | $-8.2M | — | ||
| Q3 24 | $42.5M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $157.7M | — |
| Q4 25 | 3.8% | 7.3% | ||
| Q3 25 | 2.8% | 2.2% | ||
| Q2 25 | — | -4.6% | ||
| Q1 25 | 9.2% | 12.1% | ||
| Q4 24 | -1.1% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 21.0% | — |
| Q4 25 | 0.3% | 2.5% | ||
| Q3 25 | 0.3% | 1.8% | ||
| Q2 25 | 0.3% | 2.6% | ||
| Q1 25 | 0.2% | 1.9% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 1.87× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.79× | — | ||
| Q4 24 | -0.36× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 12.51× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
