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Side-by-side financial comparison of SCANSOURCE, INC. (SCSC) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $566.0M, roughly 1.4× WillScot Holdings Corp). SCANSOURCE, INC. runs the higher net margin — 2.2% vs -33.1%, a 35.2% gap on every dollar of revenue. On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $28.9M). Over the past eight quarters, SCANSOURCE, INC.'s revenue compounded faster (0.9% CAGR vs -1.8%).
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.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
SCSC vs WSC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $766.5M | $566.0M |
| Net Profit | $16.5M | $-187.3M |
| Gross Margin | 13.4% | 50.4% |
| Operating Margin | 2.3% | -32.5% |
| Net Margin | 2.2% | -33.1% |
| Revenue YoY | 2.5% | -6.1% |
| Net Profit YoY | -3.3% | -310.0% |
| EPS (diluted) | $0.75 | $-1.02 |
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 | $566.0M | ||
| Q3 25 | $739.6M | $566.8M | ||
| Q2 25 | $812.9M | $589.1M | ||
| Q1 25 | $704.8M | $559.6M | ||
| Q4 24 | $747.5M | $602.5M | ||
| Q3 24 | $775.6M | $601.4M | ||
| Q2 24 | $746.1M | $604.6M | ||
| Q1 24 | $752.6M | $587.2M |
| Q4 25 | $16.5M | $-187.3M | ||
| Q3 25 | $19.9M | $43.3M | ||
| Q2 25 | $20.1M | $47.9M | ||
| Q1 25 | $17.4M | $43.1M | ||
| Q4 24 | $17.1M | $89.2M | ||
| Q3 24 | $17.0M | $-70.5M | ||
| Q2 24 | $16.1M | $-46.9M | ||
| Q1 24 | $12.8M | $56.2M |
| Q4 25 | 13.4% | 50.4% | ||
| Q3 25 | 14.5% | 49.7% | ||
| Q2 25 | 12.9% | 50.3% | ||
| Q1 25 | 14.2% | 53.7% | ||
| Q4 24 | 13.6% | 55.8% | ||
| Q3 24 | 13.1% | 53.5% | ||
| Q2 24 | 13.0% | 54.1% | ||
| Q1 24 | 12.6% | 54.0% |
| Q4 25 | 2.3% | -32.5% | ||
| Q3 25 | 3.5% | 21.0% | ||
| Q2 25 | 3.3% | 21.5% | ||
| Q1 25 | 3.2% | 21.3% | ||
| Q4 24 | 2.5% | 28.9% | ||
| Q3 24 | 2.3% | -5.9% | ||
| Q2 24 | 2.9% | -0.9% | ||
| Q1 24 | 2.3% | 22.1% |
| Q4 25 | 2.2% | -33.1% | ||
| Q3 25 | 2.7% | 7.6% | ||
| Q2 25 | 2.5% | 8.1% | ||
| Q1 25 | 2.5% | 7.7% | ||
| Q4 24 | 2.3% | 14.8% | ||
| Q3 24 | 2.2% | -11.7% | ||
| Q2 24 | 2.2% | -7.7% | ||
| Q1 24 | 1.7% | 9.6% |
| Q4 25 | $0.75 | $-1.02 | ||
| Q3 25 | $0.89 | $0.24 | ||
| Q2 25 | $0.87 | $0.26 | ||
| Q1 25 | $0.74 | $0.23 | ||
| Q4 24 | $0.70 | $0.48 | ||
| Q3 24 | $0.69 | $-0.37 | ||
| Q2 24 | $0.66 | $-0.25 | ||
| Q1 24 | $0.50 | $0.29 |
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 | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $910.9M | $856.3M |
| Total Assets | $1.7B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $83.5M | $14.6M | ||
| Q3 25 | $124.9M | $14.8M | ||
| Q2 25 | $126.2M | $12.8M | ||
| Q1 25 | $146.3M | $10.7M | ||
| Q4 24 | $110.5M | $9.0M | ||
| Q3 24 | $145.0M | $11.0M | ||
| Q2 24 | $185.5M | $5.9M | ||
| Q1 24 | $159.1M | $13.1M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $910.9M | $856.3M | ||
| Q3 25 | $914.0M | $1.1B | ||
| Q2 25 | $906.4M | $1.0B | ||
| Q1 25 | $901.7M | $1.0B | ||
| Q4 24 | $900.7M | $1.0B | ||
| Q3 24 | $920.9M | $1.1B | ||
| Q2 24 | $924.3M | $1.2B | ||
| Q1 24 | $944.1M | $1.3B |
| Q4 25 | $1.7B | $5.8B | ||
| Q3 25 | $1.7B | $6.1B | ||
| Q2 25 | $1.8B | $6.1B | ||
| Q1 25 | $1.7B | $6.0B | ||
| Q4 24 | $1.7B | $6.0B | ||
| Q3 24 | $1.8B | $6.0B | ||
| Q2 24 | $1.8B | $6.0B | ||
| Q1 24 | $1.8B | $6.2B |
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| Free Cash FlowOCF − Capex | $28.9M | $149.7M |
| FCF MarginFCF / Revenue | 3.8% | 26.5% |
| Capex IntensityCapex / Revenue | 0.3% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.87× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.8M | $158.9M | ||
| Q3 25 | $23.2M | $191.2M | ||
| Q2 25 | — | $205.3M | ||
| Q1 25 | $66.1M | $206.6M | ||
| Q4 24 | $-6.2M | $178.9M | ||
| Q3 24 | $44.8M | $-1.6M | ||
| Q2 24 | — | $175.6M | ||
| Q1 24 | $160.2M | $208.7M |
| Q4 25 | $28.9M | $149.7M | ||
| Q3 25 | $20.8M | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | $64.6M | $202.0M | ||
| Q4 24 | $-8.2M | $176.6M | ||
| Q3 24 | $42.5M | $-4.9M | ||
| Q2 24 | — | $169.4M | ||
| Q1 24 | $157.7M | $202.1M |
| Q4 25 | 3.8% | 26.5% | ||
| Q3 25 | 2.8% | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | 9.2% | 36.1% | ||
| Q4 24 | -1.1% | 29.3% | ||
| Q3 24 | 5.5% | -0.8% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | 21.0% | 34.4% |
| Q4 25 | 0.3% | 1.6% | ||
| Q3 25 | 0.3% | 0.7% | ||
| Q2 25 | 0.3% | 1.1% | ||
| Q1 25 | 0.2% | 0.8% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.2% | 1.0% | ||
| Q1 24 | 0.3% | 1.1% |
| Q4 25 | 1.87× | — | ||
| Q3 25 | 1.17× | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | 3.79× | 4.80× | ||
| Q4 24 | -0.36× | 2.01× | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 12.51× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
