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CrowdStrike（CRWD）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
CrowdStrike的季度营收约是SCANSOURCE, INC.的1.6倍（$1.2B vs $766.5M），SCANSOURCE, INC.净利率更高（2.2% vs -2.8%，领先4.9%），CrowdStrike同比增速更快（22.2% vs 2.5%），CrowdStrike自由现金流更多（$314.1M vs $28.9M），过去两年CrowdStrike的营收复合增速更高（20.8% vs 0.9%）
CrowdStrike Holdings, Inc.是总部位于美国得克萨斯州奥斯汀的网络安全科技企业，核心业务涵盖终端安全防护、威胁情报提供与网络攻击响应服务，可为全球各行业客户有效应对各类网络安全风险，保障系统与数据安全。
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。
CRWD vs SCSC — 直观对比
营收规模更大
CRWD
是对方的1.6倍
$766.5M
营收增速更快
CRWD
高出19.6%
2.5%
净利率更高
SCSC
高出4.9%
-2.8%
自由现金流更多
CRWD
多$285.3M
$28.9M
两年增速更快
CRWD
近两年复合增速
0.9%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $766.5M |
| 净利润 | $-34.0M | $16.5M |
| 毛利率 | 75.1% | 13.4% |
| 营业利润率 | -5.6% | 2.3% |
| 净利率 | -2.8% | 2.2% |
| 营收同比 | 22.2% | 2.5% |
| 净利润同比 | -102.1% | -3.3% |
| 每股收益（稀释后） | $-0.14 | $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CRWDSCSC
| Q4 25 | $1.2B | $766.5M | ||
| Q3 25 | $1.2B | $739.6M | ||
| Q2 25 | $1.1B | $812.9M | ||
| Q1 25 | $1.1B | $704.8M | ||
| Q4 24 | $1.0B | $747.5M | ||
| Q3 24 | $963.9M | $775.6M | ||
| Q2 24 | $921.0M | $746.1M | ||
| Q1 24 | $845.3M | $752.6M |
净利润CRWDSCSC
| Q4 25 | $-34.0M | $16.5M | ||
| Q3 25 | $-77.7M | $19.9M | ||
| Q2 25 | $-110.2M | $20.1M | ||
| Q1 25 | $-92.3M | $17.4M | ||
| Q4 24 | $-16.8M | $17.1M | ||
| Q3 24 | $47.0M | $17.0M | ||
| Q2 24 | $42.8M | $16.1M | ||
| Q1 24 | $53.7M | $12.8M |
毛利率CRWDSCSC
| Q4 25 | 75.1% | 13.4% | ||
| Q3 25 | 73.5% | 14.5% | ||
| Q2 25 | 73.8% | 12.9% | ||
| Q1 25 | 74.1% | 14.2% | ||
| Q4 24 | 74.7% | 13.6% | ||
| Q3 24 | 75.4% | 13.1% | ||
| Q2 24 | 75.6% | 13.0% | ||
| Q1 24 | 75.3% | 12.6% |
营业利润率CRWDSCSC
| Q4 25 | -5.6% | 2.3% | ||
| Q3 25 | -9.7% | 3.5% | ||
| Q2 25 | -11.3% | 3.3% | ||
| Q1 25 | -8.1% | 3.2% | ||
| Q4 24 | -5.5% | 2.5% | ||
| Q3 24 | 1.4% | 2.3% | ||
| Q2 24 | 0.8% | 2.9% | ||
| Q1 24 | 3.5% | 2.3% |
净利率CRWDSCSC
| Q4 25 | -2.8% | 2.2% | ||
| Q3 25 | -6.6% | 2.7% | ||
| Q2 25 | -10.0% | 2.5% | ||
| Q1 25 | -8.7% | 2.5% | ||
| Q4 24 | -1.7% | 2.3% | ||
| Q3 24 | 4.9% | 2.2% | ||
| Q2 24 | 4.6% | 2.2% | ||
| Q1 24 | 6.4% | 1.7% |
每股收益（稀释后）CRWDSCSC
| Q4 25 | $-0.14 | $0.75 | ||
| Q3 25 | $-0.31 | $0.89 | ||
| Q2 25 | $-0.44 | $0.87 | ||
| Q1 25 | $-0.37 | $0.74 | ||
| Q4 24 | $-0.07 | $0.70 | ||
| Q3 24 | $0.19 | $0.69 | ||
| Q2 24 | $0.17 | $0.66 | ||
| Q1 24 | $0.23 | $0.50 |
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 | $4.8B | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.0B | $910.9M |
| 总资产 | $10.0B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CRWDSCSC
| Q4 25 | $4.8B | $83.5M | ||
| Q3 25 | $5.0B | $124.9M | ||
| Q2 25 | $4.6B | $126.2M | ||
| Q1 25 | $4.3B | $146.3M | ||
| Q4 24 | $4.3B | $110.5M | ||
| Q3 24 | $4.0B | $145.0M | ||
| Q2 24 | $3.7B | $185.5M | ||
| Q1 24 | $3.5B | $159.1M |
股东权益CRWDSCSC
| Q4 25 | $4.0B | $910.9M | ||
| Q3 25 | $3.8B | $914.0M | ||
| Q2 25 | $3.5B | $906.4M | ||
| Q1 25 | $3.3B | $901.7M | ||
| Q4 24 | $3.1B | $900.7M | ||
| Q3 24 | $2.9B | $920.9M | ||
| Q2 24 | $2.5B | $924.3M | ||
| Q1 24 | $2.3B | $944.1M |
总资产CRWDSCSC
| Q4 25 | $10.0B | $1.7B | ||
| Q3 25 | $9.3B | $1.7B | ||
| Q2 25 | $8.7B | $1.8B | ||
| Q1 25 | $8.7B | $1.7B | ||
| Q4 24 | $7.8B | $1.7B | ||
| Q3 24 | $7.2B | $1.8B | ||
| Q2 24 | $6.8B | $1.8B | ||
| Q1 24 | $6.6B | $1.8B |
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 | $397.5M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $314.1M | $28.9M |
| 自由现金流率自由现金流/营收 | 25.5% | 3.8% |
| 资本支出强度资本支出/营收 | 6.8% | 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 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流CRWDSCSC
| Q4 25 | $397.5M | $30.8M | ||
| Q3 25 | $332.8M | $23.2M | ||
| Q2 25 | $384.1M | — | ||
| Q1 25 | $345.7M | $66.1M | ||
| Q4 24 | $326.1M | $-6.2M | ||
| Q3 24 | $326.6M | $44.8M | ||
| Q2 24 | $383.2M | — | ||
| Q1 24 | $347.0M | $160.2M |
自由现金流CRWDSCSC
| Q4 25 | $314.1M | $28.9M | ||
| Q3 25 | $302.3M | $20.8M | ||
| Q2 25 | $298.4M | — | ||
| Q1 25 | $258.5M | $64.6M | ||
| Q4 24 | $247.4M | $-8.2M | ||
| Q3 24 | $287.4M | $42.5M | ||
| Q2 24 | $333.5M | — | ||
| Q1 24 | $294.4M | $157.7M |
自由现金流率CRWDSCSC
| Q4 25 | 25.5% | 3.8% | ||
| Q3 25 | 25.9% | 2.8% | ||
| Q2 25 | 27.0% | — | ||
| Q1 25 | 24.4% | 9.2% | ||
| Q4 24 | 24.5% | -1.1% | ||
| Q3 24 | 29.8% | 5.5% | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 34.8% | 21.0% |
资本支出强度CRWDSCSC
| Q4 25 | 6.8% | 0.3% | ||
| Q3 25 | 2.6% | 0.3% | ||
| Q2 25 | 7.8% | 0.3% | ||
| Q1 25 | 8.2% | 0.2% | ||
| Q4 24 | 7.8% | 0.3% | ||
| Q3 24 | 4.1% | 0.3% | ||
| Q2 24 | 5.4% | 0.2% | ||
| Q1 24 | 6.2% | 0.3% |
现金转化率CRWDSCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | 6.95× | 2.64× | ||
| Q2 24 | 8.95× | — | ||
| Q1 24 | 6.46× | 12.51× |
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
CRWD
| Subscription And Circulation | $1.2B | 95% |
| Professional Services | $65.5M | 5% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
