---
title: "ScanSource Q1 Sales Climb in Greenville as Profit Falls"
url: https://www.heregreenville.com/2026/11/06/scansource-q1-sales-rise-profit-falls-greenville/
date: 2026-11-06T05:48:21-05:00
modified: 2026-11-06T05:48:21-05:00
author: "Marlee Whitten"
categories: ["Business"]
site: "HERE Greenville"
attribution: "HERE Greenville"
---

# ScanSource Q1 Sales Climb in Greenville as Profit Falls

> GREENVILLE, S.C. — ScanSource, the Greenville technology distributor, said fiscal first-quarter net sales jumped to $962.3 million, a 30.1% gain from a year earlier, while GAAP profit slipped. Net income for the quarter ended Sept. 30 came in at $8.7 million, or 42 cents per diluted share, down from $19.9 million, or 89 cents, a

*Source: [HERE Greenville](https://www.heregreenville.com/2026/11/06/scansource-q1-sales-rise-profit-falls-greenville/) — November 6, 2026 by Marlee Whitten*

GREENVILLE, S.C. — ScanSource, the Greenville technology distributor, said fiscal first-quarter net sales jumped to $962.3 million, a 30.1% gain from a year earlier, while GAAP profit slipped.

Net income for the quarter ended Sept. 30 came in at $8.7 million, or 42 cents per diluted share, down from $19.9 million, or 89 cents, a year ago. Adjusted earnings were 86 cents a share.

Chair and CEO Mike Baur pointed to strong top-line demand and growth in both segments, and noted the company closed its MicroAge acquisition in September to widen solution capabilities.

Specialty Technology Solutions sales reached $917.3 million, up 28.2%, while Intelisys and Solution Services rose to $45.0 million including MicroAge. Gross profit climbed 8.8% to $116.9 million, though the margin eased to 12.2% on a heavier hardware mix.

ScanSource now expects full-year net sales between $3.8 billion and $4 billion after folding MicroAge into its outlook. Cash stood at $45.9 million and total debt at $332.4 million as of Sept. 30.