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TopBuild Corp（BLD）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
TopBuild Corp的季度营收约是SCANSOURCE, INC.的1.9倍（$1.4B vs $766.5M），TopBuild Corp净利率更高（7.2% vs 2.2%，领先5.1%），TopBuild Corp同比增速更快（17.2% vs 2.5%），过去两年TopBuild Corp的营收复合增速更高（2.9% vs 0.9%）
HashiCorp是总部位于美国加利福尼亚州旧金山的软件企业，2012年由米切尔·桥本与阿蒙·达德加创立，采用免费增值商业模式，为开发、运维及安全从业人员提供云基础设施配置、防护、运行与连接相关的工具及产品。
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。
BLD vs SCSC — 直观对比
营收规模更大
BLD
是对方的1.9倍
$766.5M
营收增速更快
BLD
高出14.7%
2.5%
净利率更高
BLD
高出5.1%
2.2%
两年增速更快
BLD
近两年复合增速
0.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $766.5M |
| 净利润 | $104.8M | $16.5M |
| 毛利率 | 27.7% | 13.4% |
| 营业利润率 | 12.1% | 2.3% |
| 净利率 | 7.2% | 2.2% |
| 营收同比 | 17.2% | 2.5% |
| 净利润同比 | -15.1% | -3.3% |
| 每股收益（稀释后） | $3.73 | $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BLDSCSC
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.5B | $766.5M | ||
| Q3 25 | $1.4B | $739.6M | ||
| Q2 25 | $1.3B | $812.9M | ||
| Q1 25 | $1.2B | $704.8M | ||
| Q4 24 | $1.3B | $747.5M | ||
| Q3 24 | $1.4B | $775.6M | ||
| Q2 24 | $1.4B | $746.1M |
净利润BLDSCSC
| Q1 26 | $104.8M | — | ||
| Q4 25 | $104.5M | $16.5M | ||
| Q3 25 | $142.2M | $19.9M | ||
| Q2 25 | $151.6M | $20.1M | ||
| Q1 25 | $123.4M | $17.4M | ||
| Q4 24 | $150.5M | $17.1M | ||
| Q3 24 | $169.0M | $17.0M | ||
| Q2 24 | $150.7M | $16.1M |
毛利率BLDSCSC
| Q1 26 | 27.7% | — | ||
| Q4 25 | 27.2% | 13.4% | ||
| Q3 25 | 30.1% | 14.5% | ||
| Q2 25 | 30.4% | 12.9% | ||
| Q1 25 | 28.5% | 14.2% | ||
| Q4 24 | 29.9% | 13.6% | ||
| Q3 24 | 30.7% | 13.1% | ||
| Q2 24 | 31.0% | 13.0% |
营业利润率BLDSCSC
| Q1 26 | 12.1% | — | ||
| Q4 25 | 12.1% | 2.3% | ||
| Q3 25 | 15.4% | 3.5% | ||
| Q2 25 | 16.9% | 3.3% | ||
| Q1 25 | 14.4% | 3.2% | ||
| Q4 24 | 16.6% | 2.5% | ||
| Q3 24 | 17.8% | 2.3% | ||
| Q2 24 | 15.4% | 2.9% |
净利率BLDSCSC
| Q1 26 | 7.2% | — | ||
| Q4 25 | 7.0% | 2.2% | ||
| Q3 25 | 10.2% | 2.7% | ||
| Q2 25 | 11.7% | 2.5% | ||
| Q1 25 | 10.0% | 2.5% | ||
| Q4 24 | 11.5% | 2.3% | ||
| Q3 24 | 12.3% | 2.2% | ||
| Q2 24 | 11.0% | 2.2% |
每股收益（稀释后）BLDSCSC
| Q1 26 | $3.73 | — | ||
| Q4 25 | $3.69 | $0.75 | ||
| Q3 25 | $5.04 | $0.89 | ||
| Q2 25 | $5.32 | $0.87 | ||
| Q1 25 | $4.23 | $0.74 | ||
| Q4 24 | $5.07 | $0.70 | ||
| Q3 24 | $5.65 | $0.69 | ||
| Q2 24 | $4.78 | $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 | $268.8M | $83.5M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $2.4B | $910.9M |
| 总资产 | $6.7B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资BLDSCSC
| Q1 26 | $268.8M | — | ||
| Q4 25 | $184.7M | $83.5M | ||
| Q3 25 | $1.1B | $124.9M | ||
| Q2 25 | $842.5M | $126.2M | ||
| Q1 25 | $308.8M | $146.3M | ||
| Q4 24 | $400.3M | $110.5M | ||
| Q3 24 | $257.3M | $145.0M | ||
| Q2 24 | $463.2M | $185.5M |
总债务BLDSCSC
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
股东权益BLDSCSC
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.3B | $910.9M | ||
| Q3 25 | $2.2B | $914.0M | ||
| Q2 25 | $2.1B | $906.4M | ||
| Q1 25 | $2.1B | $901.7M | ||
| Q4 24 | $2.2B | $900.7M | ||
| Q3 24 | $2.1B | $920.9M | ||
| Q2 24 | $2.4B | $924.3M |
总资产BLDSCSC
| Q1 26 | $6.7B | — | ||
| Q4 25 | $6.6B | $1.7B | ||
| Q3 25 | $6.4B | $1.7B | ||
| Q2 25 | $5.1B | $1.8B | ||
| Q1 25 | $4.6B | $1.7B | ||
| Q4 24 | $4.7B | $1.7B | ||
| Q3 24 | $4.7B | $1.8B | ||
| Q2 24 | $4.9B | $1.8B |
负债/权益比BLDSCSC
| Q1 26 | 1.18× | — | ||
| Q4 25 | 1.23× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.59× | — |
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 | $160.7M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | — | $28.9M |
| 自由现金流率自由现金流/营收 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | 1.53× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BLDSCSC
| Q1 26 | $160.7M | — | ||
| Q4 25 | $176.7M | $30.8M | ||
| Q3 25 | $233.3M | $23.2M | ||
| Q2 25 | $193.7M | — | ||
| Q1 25 | $152.6M | $66.1M | ||
| Q4 24 | $266.2M | $-6.2M | ||
| Q3 24 | $240.7M | $44.8M | ||
| Q2 24 | $90.4M | — |
自由现金流BLDSCSC
| Q1 26 | — | — | ||
| Q4 25 | $159.4M | $28.9M | ||
| Q3 25 | $216.2M | $20.8M | ||
| Q2 25 | $182.2M | — | ||
| Q1 25 | $139.2M | $64.6M | ||
| Q4 24 | $253.7M | $-8.2M | ||
| Q3 24 | $219.8M | $42.5M | ||
| Q2 24 | $74.3M | — |
自由现金流率BLDSCSC
| Q1 26 | — | — | ||
| Q4 25 | 10.7% | 3.8% | ||
| Q3 25 | 15.5% | 2.8% | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 11.3% | 9.2% | ||
| Q4 24 | 19.3% | -1.1% | ||
| Q3 24 | 16.0% | 5.5% | ||
| Q2 24 | 5.4% | — |
资本支出强度BLDSCSC
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.3% | ||
| Q3 25 | 1.2% | 0.3% | ||
| Q2 25 | 0.9% | 0.3% | ||
| Q1 25 | 1.1% | 0.2% | ||
| Q4 24 | 1.0% | 0.3% | ||
| Q3 24 | 1.5% | 0.3% | ||
| Q2 24 | 1.2% | 0.2% |
现金转化率BLDSCSC
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.69× | 1.87× | ||
| Q3 25 | 1.64× | 1.17× | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.24× | 3.79× | ||
| Q4 24 | 1.77× | -0.36× | ||
| Q3 24 | 1.42× | 2.64× | ||
| Q2 24 | 0.60× | — |
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
BLD
| Installation Services | $651.1M | 45% |
| Specialty Distribution | $562.9M | 39% |
| Other | $231.8M | 16% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
