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百通（BDC）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是百通的1.1倍（$766.5M vs $696.4M），百通净利率更高（7.3% vs 2.2%，领先5.2%），百通同比增速更快（11.4% vs 2.5%），SCANSOURCE, INC.自由现金流更多（$28.9M vs $-63.1M），过去两年百通的营收复合增速更高（7.3% vs 0.9%）
百通公司是美国上市跨国企业，专注于端到端网络、安全及连接产品的设计、生产与销售，业务覆盖工业自动化解决方案、智能建筑、宽带及5G三大核心领域，为各行业客户提供可靠的通信连接相关产品与服务。
ScanSource是全球领先的专业技术分销商，主营销售点系统、条码扫描设备、网络安全产品、云服务及通信解决方案，面向北美、拉美、欧洲的增值经销商、服务提供商及企业客户，覆盖零售、医疗、工业、公共部门等领域。
BDC vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.1倍
$696.4M
营收增速更快
BDC
高出8.9%
2.5%
净利率更高
BDC
高出5.2%
2.2%
自由现金流更多
SCSC
多$91.9M
$-63.1M
两年增速更快
BDC
近两年复合增速
0.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $696.4M | $766.5M |
| 净利润 | $51.0M | $16.5M |
| 毛利率 | 37.1% | 13.4% |
| 营业利润率 | 11.2% | 2.3% |
| 净利率 | 7.3% | 2.2% |
| 营收同比 | 11.4% | 2.5% |
| 净利润同比 | -1.8% | -3.3% |
| 每股收益（稀释后） | $1.30 | $0.75 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BDCSCSC
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $766.5M | ||
| Q3 25 | $698.2M | $739.6M | ||
| Q2 25 | $672.0M | $812.9M | ||
| Q1 25 | $624.9M | $704.8M | ||
| Q4 24 | $666.0M | $747.5M | ||
| Q3 24 | $654.9M | $775.6M | ||
| Q2 24 | $604.3M | $746.1M |
净利润BDCSCSC
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $16.5M | ||
| Q3 25 | $56.7M | $19.9M | ||
| Q2 25 | $61.0M | $20.1M | ||
| Q1 25 | $51.9M | $17.4M | ||
| Q4 24 | $58.4M | $17.1M | ||
| Q3 24 | $53.7M | $17.0M | ||
| Q2 24 | $49.0M | $16.1M |
毛利率BDCSCSC
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 13.4% | ||
| Q3 25 | 37.7% | 14.5% | ||
| Q2 25 | 38.5% | 12.9% | ||
| Q1 25 | 39.3% | 14.2% | ||
| Q4 24 | 37.5% | 13.6% | ||
| Q3 24 | 37.3% | 13.1% | ||
| Q2 24 | 37.5% | 13.0% |
营业利润率BDCSCSC
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 2.3% | ||
| Q3 25 | 10.9% | 3.5% | ||
| Q2 25 | 11.8% | 3.3% | ||
| Q1 25 | 11.6% | 3.2% | ||
| Q4 24 | 10.4% | 2.5% | ||
| Q3 24 | 11.5% | 2.3% | ||
| Q2 24 | 11.4% | 2.9% |
净利率BDCSCSC
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 2.2% | ||
| Q3 25 | 8.1% | 2.7% | ||
| Q2 25 | 9.1% | 2.5% | ||
| Q1 25 | 8.3% | 2.5% | ||
| Q4 24 | 8.8% | 2.3% | ||
| Q3 24 | 8.2% | 2.2% | ||
| Q2 24 | 8.1% | 2.2% |
每股收益（稀释后）BDCSCSC
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $0.75 | ||
| Q3 25 | $1.41 | $0.89 | ||
| Q2 25 | $1.53 | $0.87 | ||
| Q1 25 | $1.27 | $0.74 | ||
| Q4 24 | $1.41 | $0.70 | ||
| Q3 24 | $1.30 | $0.69 | ||
| Q2 24 | $1.19 | $0.66 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $272.2M | $83.5M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $1.3B | $910.9M |
| 总资产 | — | $1.7B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资BDCSCSC
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $83.5M | ||
| Q3 25 | $314.3M | $124.9M | ||
| Q2 25 | $301.5M | $126.2M | ||
| Q1 25 | $259.0M | $146.3M | ||
| Q4 24 | $370.3M | $110.5M | ||
| Q3 24 | $323.0M | $145.0M | ||
| Q2 24 | $564.8M | $185.5M |
总债务BDCSCSC
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BDCSCSC
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $910.9M | ||
| Q3 25 | $1.2B | $914.0M | ||
| Q2 25 | $1.2B | $906.4M | ||
| Q1 25 | $1.2B | $901.7M | ||
| Q4 24 | $1.3B | $900.7M | ||
| Q3 24 | $1.2B | $920.9M | ||
| Q2 24 | $1.2B | $924.3M |
总资产BDCSCSC
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $1.7B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.4B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $3.3B | $1.8B | ||
| Q2 24 | $3.5B | $1.8B |
负债/权益比BDCSCSC
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $-63.1M | $28.9M |
| 自由现金流率自由现金流/营收 | -9.1% | 3.8% |
| 资本支出强度资本支出/营收 | 6.4% | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 过去12个月自由现金流最近4个季度 | $180.4M | — |
8季度趋势，按日历期对齐
经营现金流BDCSCSC
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $30.8M | ||
| Q3 25 | $105.0M | $23.2M | ||
| Q2 25 | $82.0M | — | ||
| Q1 25 | $7.4M | $66.1M | ||
| Q4 24 | $174.7M | $-6.2M | ||
| Q3 24 | $91.7M | $44.8M | ||
| Q2 24 | $83.0M | — |
自由现金流BDCSCSC
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $28.9M | ||
| Q3 25 | $65.3M | $20.8M | ||
| Q2 25 | $56.9M | — | ||
| Q1 25 | $-24.8M | $64.6M | ||
| Q4 24 | $116.4M | $-8.2M | ||
| Q3 24 | $67.2M | $42.5M | ||
| Q2 24 | $61.0M | — |
自由现金流率BDCSCSC
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 3.8% | ||
| Q3 25 | 9.4% | 2.8% | ||
| Q2 25 | 8.5% | — | ||
| Q1 25 | -4.0% | 9.2% | ||
| Q4 24 | 17.5% | -1.1% | ||
| Q3 24 | 10.3% | 5.5% | ||
| Q2 24 | 10.1% | — |
资本支出强度BDCSCSC
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 0.3% | ||
| Q3 25 | 5.7% | 0.3% | ||
| Q2 25 | 3.7% | 0.3% | ||
| Q1 25 | 5.2% | 0.2% | ||
| Q4 24 | 8.8% | 0.3% | ||
| Q3 24 | 3.7% | 0.3% | ||
| Q2 24 | 3.6% | 0.2% |
现金转化率BDCSCSC
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 1.87× | ||
| Q3 25 | 1.85× | 1.17× | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | 3.79× | ||
| Q4 24 | 2.99× | -0.36× | ||
| Q3 24 | 1.71× | 2.64× | ||
| Q2 24 | 1.69× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BDC
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
