vs

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

SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $652.7M, roughly 1.2× WEX Inc.). WEX Inc. runs the higher net margin — 10.1% vs 2.2%, a 7.9% gap on every dollar of revenue. On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs -3.1%). SCANSOURCE, INC. produced more free cash flow last quarter ($28.9M vs $-9.2M). Over the past eight quarters, WEX Inc.'s revenue compounded faster (16.8% 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.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

SCSC vs WEX — Head-to-Head

Bigger by revenue
SCSC
SCSC
1.2× larger
SCSC
$766.5M
$652.7M
WEX
Growing faster (revenue YoY)
SCSC
SCSC
+5.7% gap
SCSC
2.5%
-3.1%
WEX
Higher net margin
WEX
WEX
7.9% more per $
WEX
10.1%
2.2%
SCSC
More free cash flow
SCSC
SCSC
$38.1M more FCF
SCSC
$28.9M
$-9.2M
WEX
Faster 2-yr revenue CAGR
WEX
WEX
Annualised
WEX
16.8%
0.9%
SCSC

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
SCSC
SCSC
WEX
WEX
Revenue
$766.5M
$652.7M
Net Profit
$16.5M
$65.8M
Gross Margin
13.4%
Operating Margin
2.3%
25.2%
Net Margin
2.2%
10.1%
Revenue YoY
2.5%
-3.1%
Net Profit YoY
-3.3%
-15.3%
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.

Revenue
SCSC
SCSC
WEX
WEX
Q1 26
$652.7M
Q4 25
$766.5M
$465.1M
Q3 25
$739.6M
$481.6M
Q2 25
$812.9M
$454.4M
Q1 25
$704.8M
$444.3M
Q4 24
$747.5M
$440.3M
Q3 24
$775.6M
$479.0M
Q2 24
$746.1M
$478.6M
Net Profit
SCSC
SCSC
WEX
WEX
Q1 26
$65.8M
Q4 25
$16.5M
$84.2M
Q3 25
$19.9M
$80.3M
Q2 25
$20.1M
$68.1M
Q1 25
$17.4M
$71.5M
Q4 24
$17.1M
$63.9M
Q3 24
$17.0M
$102.9M
Q2 24
$16.1M
$77.0M
Gross Margin
SCSC
SCSC
WEX
WEX
Q1 26
Q4 25
13.4%
39.0%
Q3 25
14.5%
43.0%
Q2 25
12.9%
40.0%
Q1 25
14.2%
39.2%
Q4 24
13.6%
41.5%
Q3 24
13.1%
48.0%
Q2 24
13.0%
44.9%
Operating Margin
SCSC
SCSC
WEX
WEX
Q1 26
25.2%
Q4 25
2.3%
35.7%
Q3 25
3.5%
38.1%
Q2 25
3.3%
34.5%
Q1 25
3.2%
35.4%
Q4 24
2.5%
35.7%
Q3 24
2.3%
41.0%
Q2 24
2.9%
35.1%
Net Margin
SCSC
SCSC
WEX
WEX
Q1 26
10.1%
Q4 25
2.2%
18.1%
Q3 25
2.7%
16.7%
Q2 25
2.5%
15.0%
Q1 25
2.5%
16.1%
Q4 24
2.3%
14.5%
Q3 24
2.2%
21.5%
Q2 24
2.2%
16.1%
EPS (diluted)
SCSC
SCSC
WEX
WEX
Q1 26
Q4 25
$0.75
$2.38
Q3 25
$0.89
$2.30
Q2 25
$0.87
$1.98
Q1 25
$0.74
$1.81
Q4 24
$0.70
$1.60
Q3 24
$0.69
$2.52
Q2 24
$0.66
$1.83

Balance Sheet & Financial Strength

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

Metric
SCSC
SCSC
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$83.5M
$780.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$910.9M
Total Assets
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCSC
SCSC
WEX
WEX
Q1 26
$780.0M
Q4 25
$83.5M
$5.2B
Q3 25
$124.9M
$4.9B
Q2 25
$126.2M
$4.9B
Q1 25
$146.3M
$4.4B
Q4 24
$110.5M
$4.4B
Q3 24
$145.0M
$4.3B
Q2 24
$185.5M
$4.0B
Stockholders' Equity
SCSC
SCSC
WEX
WEX
Q1 26
Q4 25
$910.9M
$1.2B
Q3 25
$914.0M
$1.1B
Q2 25
$906.4M
$978.7M
Q1 25
$901.7M
$810.4M
Q4 24
$900.7M
$1.5B
Q3 24
$920.9M
$1.7B
Q2 24
$924.3M
$1.8B
Total Assets
SCSC
SCSC
WEX
WEX
Q1 26
Q4 25
$1.7B
$14.4B
Q3 25
$1.7B
$14.4B
Q2 25
$1.8B
$14.7B
Q1 25
$1.7B
$14.0B
Q4 24
$1.7B
$13.3B
Q3 24
$1.8B
$14.0B
Q2 24
$1.8B
$14.2B

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
WEX
WEX
Operating Cash FlowLast quarter
$30.8M
Free Cash FlowOCF − Capex
$28.9M
$-9.2M
FCF MarginFCF / Revenue
3.8%
-1.4%
Capex IntensityCapex / Revenue
0.3%
5.2%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCSC
SCSC
WEX
WEX
Q1 26
Q4 25
$30.8M
$294.7M
Q3 25
$23.2M
$376.6M
Q2 25
$264.6M
Q1 25
$66.1M
$-481.6M
Q4 24
$-6.2M
$638.4M
Q3 24
$44.8M
$3.3M
Q2 24
$-7.0M
Free Cash Flow
SCSC
SCSC
WEX
WEX
Q1 26
$-9.2M
Q4 25
$28.9M
$256.3M
Q3 25
$20.8M
$341.6M
Q2 25
$230.0M
Q1 25
$64.6M
$-514.2M
Q4 24
$-8.2M
$599.7M
Q3 24
$42.5M
$-31.7M
Q2 24
$-46.6M
FCF Margin
SCSC
SCSC
WEX
WEX
Q1 26
-1.4%
Q4 25
3.8%
55.1%
Q3 25
2.8%
70.9%
Q2 25
50.6%
Q1 25
9.2%
-115.7%
Q4 24
-1.1%
136.2%
Q3 24
5.5%
-6.6%
Q2 24
-9.7%
Capex Intensity
SCSC
SCSC
WEX
WEX
Q1 26
5.2%
Q4 25
0.3%
8.3%
Q3 25
0.3%
7.3%
Q2 25
0.3%
7.6%
Q1 25
0.2%
7.3%
Q4 24
0.3%
8.8%
Q3 24
0.3%
7.3%
Q2 24
0.2%
8.3%
Cash Conversion
SCSC
SCSC
WEX
WEX
Q1 26
Q4 25
1.87×
3.50×
Q3 25
1.17×
4.69×
Q2 25
3.89×
Q1 25
3.79×
-6.74×
Q4 24
-0.36×
9.99×
Q3 24
2.64×
0.03×
Q2 24
-0.09×

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%

WEX
WEX

Segment breakdown not available.

Related Comparisons