Softcat (SCT) Q3 2025 TU earnings summary

Executive summary

• Achieved strong double-digit year-on-year growth in gross profit and operating profit for Q3 2025, driven by broad-based performance and conversion of larger solutions projects.

Financial highlights

• Gross profit and operating profit both saw strong double-digit year-on-year growth in the third quarter ended 30 April 2025.

Outlook and guidance

• Full-year operating profit growth now expected in the low teens, revised upward from previous low double-digit guidance, reflecting larger deal contributions.

• FY2025 operating profit guidance is adjusted to exclude non-underlying items, such as acquisition-related expenses and sales system implementation costs.