Softcat’s Q1 Trading Update Shows Strong Double-Digit Growth

Softcat plc (LON: SCT) has announced a robust start to its fiscal year 2026, reporting strong double-digit year-on-year growth in both gross profit and underlying operating profit for the first quarter, which ended October 31, 2025.

This performance underscores the company's continued success in a competitive IT infrastructure technology and services market. The company's trading update indicates broad-based growth across various technology areas and customer segments.

This diversification is a key strength for Softcat, mitigating risks associated with reliance on specific products or customer groups. The Board's assessment aligns with the previously provided full-year results outlook, suggesting confidence in sustained performance.

Softcat's financial health remains solid. The company's ability to generate strong profit growth demonstrates effective cost management and pricing strategies. This profitability translates into increased shareholder value through potential dividends, buybacks, or reinvestment into strategic growth initiatives.

Graham Charlton, Chief Executive Officer, commented: “I'm pleased to report further encouraging progress for Softcat in the Period, with continued good demand from customers across the wide range of our technology proposition.

“We operate in a large and growing market and continue to gain market share, reflecting our special culture, differentiated offering and deep customer relationships. The sustained investment behind our strategic priorities strengthens our ability to address the increasingly complex needs of customers and deliver on the significant growth opportunities ahead.”

The IT infrastructure market is subject to rapid technological advancements and evolving customer needs. Softcat's ability to adapt to these changes and offer innovative solutions is crucial for maintaining its competitive edge.