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F5, Inc.（FFIV）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
F5, Inc.的季度营收约是SCANSOURCE, INC.的1.1倍（$811.7M vs $766.5M），F5, Inc.净利率更高（18.2% vs 2.2%，领先16.1%），F5, Inc.同比增速更快（11.0% vs 2.5%），过去两年F5, Inc.的营收复合增速更高（8.0% vs 0.9%）
F5, Inc.是一家美国科技企业，专注于应用安全、多云管理、线上反欺诈、应用交付网络（ADN）相关业务，同时提供应用可用性与性能优化、网络安全、访问授权管理等产品及解决方案，助力各行业客户保障数字化业务稳定运营，提升运行效率。
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。
FFIV vs SCSC — 直观对比
营收规模更大
FFIV
是对方的1.1倍
$766.5M
营收增速更快
FFIV
高出8.5%
2.5%
净利率更高
FFIV
高出16.1%
2.2%
两年增速更快
FFIV
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $811.7M | $766.5M |
| 净利润 | $148.0M | $16.5M |
| 毛利率 | 81.4% | 13.4% |
| 营业利润率 | 22.1% | 2.3% |
| 净利率 | 18.2% | 2.2% |
| 营收同比 | 11.0% | 2.5% |
| 净利润同比 | 1.5% | -3.3% |
| 每股收益（稀释后） | $2.58 | $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FFIVSCSC
| Q1 26 | $811.7M | — | ||
| Q4 25 | $822.5M | $766.5M | ||
| Q3 25 | $810.1M | $739.6M | ||
| Q2 25 | $780.4M | $812.9M | ||
| Q1 25 | $731.1M | $704.8M | ||
| Q4 24 | $766.5M | $747.5M | ||
| Q3 24 | $746.7M | $775.6M | ||
| Q2 24 | $695.5M | $746.1M |
净利润FFIVSCSC
| Q1 26 | $148.0M | — | ||
| Q4 25 | $180.1M | $16.5M | ||
| Q3 25 | $190.5M | $19.9M | ||
| Q2 25 | $189.9M | $20.1M | ||
| Q1 25 | $145.5M | $17.4M | ||
| Q4 24 | $166.4M | $17.1M | ||
| Q3 24 | $165.3M | $17.0M | ||
| Q2 24 | $144.1M | $16.1M |
毛利率FFIVSCSC
| Q1 26 | 81.4% | — | ||
| Q4 25 | 81.5% | 13.4% | ||
| Q3 25 | 82.2% | 14.5% | ||
| Q2 25 | 81.0% | 12.9% | ||
| Q1 25 | 80.7% | 14.2% | ||
| Q4 24 | 81.7% | 13.6% | ||
| Q3 24 | 80.8% | 13.1% | ||
| Q2 24 | 80.4% | 13.0% |
营业利润率FFIVSCSC
| Q1 26 | 22.1% | — | ||
| Q4 25 | 26.0% | 2.3% | ||
| Q3 25 | 25.4% | 3.5% | ||
| Q2 25 | 25.2% | 3.3% | ||
| Q1 25 | 21.7% | 3.2% | ||
| Q4 24 | 26.8% | 2.5% | ||
| Q3 24 | 25.6% | 2.3% | ||
| Q2 24 | 23.4% | 2.9% |
净利率FFIVSCSC
| Q1 26 | 18.2% | — | ||
| Q4 25 | 21.9% | 2.2% | ||
| Q3 25 | 23.5% | 2.7% | ||
| Q2 25 | 24.3% | 2.5% | ||
| Q1 25 | 19.9% | 2.5% | ||
| Q4 24 | 21.7% | 2.3% | ||
| Q3 24 | 22.1% | 2.2% | ||
| Q2 24 | 20.7% | 2.2% |
每股收益（稀释后）FFIVSCSC
| Q1 26 | $2.58 | — | ||
| Q4 25 | $3.10 | $0.75 | ||
| Q3 25 | $3.25 | $0.89 | ||
| Q2 25 | $3.25 | $0.87 | ||
| Q1 25 | $2.48 | $0.74 | ||
| Q4 24 | $2.82 | $0.70 | ||
| Q3 24 | $2.79 | $0.69 | ||
| Q2 24 | $2.44 | $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 | $1.4B | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $910.9M |
| 总资产 | $6.5B | $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FFIVSCSC
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.2B | $83.5M | ||
| Q3 25 | $1.3B | $124.9M | ||
| Q2 25 | $1.4B | $126.2M | ||
| Q1 25 | $1.3B | $146.3M | ||
| Q4 24 | $1.2B | $110.5M | ||
| Q3 24 | $1.1B | $145.0M | ||
| Q2 24 | $935.6M | $185.5M |
股东权益FFIVSCSC
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.5B | $910.9M | ||
| Q3 25 | $3.6B | $914.0M | ||
| Q2 25 | $3.5B | $906.4M | ||
| Q1 25 | $3.3B | $901.7M | ||
| Q4 24 | $3.2B | $900.7M | ||
| Q3 24 | $3.1B | $920.9M | ||
| Q2 24 | $3.0B | $924.3M |
总资产FFIVSCSC
| Q1 26 | $6.5B | — | ||
| Q4 25 | $6.3B | $1.7B | ||
| Q3 25 | $6.3B | $1.7B | ||
| Q2 25 | $6.1B | $1.8B | ||
| Q1 25 | $5.9B | $1.7B | ||
| Q4 24 | $5.9B | $1.7B | ||
| Q3 24 | $5.6B | $1.8B | ||
| Q2 24 | $5.4B | $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 | $525.1M | $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 | 3.55× | 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FFIVSCSC
| Q1 26 | $525.1M | — | ||
| Q4 25 | $159.2M | $30.8M | ||
| Q3 25 | $208.1M | $23.2M | ||
| Q2 25 | $282.2M | — | ||
| Q1 25 | $256.6M | $66.1M | ||
| Q4 24 | $202.8M | $-6.2M | ||
| Q3 24 | $246.5M | $44.8M | ||
| Q2 24 | $159.0M | — |
自由现金流FFIVSCSC
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $28.9M | ||
| Q3 25 | $191.9M | $20.8M | ||
| Q2 25 | $273.7M | — | ||
| Q1 25 | $246.1M | $64.6M | ||
| Q4 24 | $194.7M | $-8.2M | ||
| Q3 24 | $240.4M | $42.5M | ||
| Q2 24 | $153.1M | — |
自由现金流率FFIVSCSC
| Q1 26 | — | — | ||
| Q4 25 | 18.2% | 3.8% | ||
| Q3 25 | 23.7% | 2.8% | ||
| Q2 25 | 35.1% | — | ||
| Q1 25 | 33.7% | 9.2% | ||
| Q4 24 | 25.4% | -1.1% | ||
| Q3 24 | 32.2% | 5.5% | ||
| Q2 24 | 22.0% | — |
资本支出强度FFIVSCSC
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.3% | ||
| Q3 25 | 2.0% | 0.3% | ||
| Q2 25 | 1.1% | 0.3% | ||
| Q1 25 | 1.4% | 0.2% | ||
| Q4 24 | 1.1% | 0.3% | ||
| Q3 24 | 0.8% | 0.3% | ||
| Q2 24 | 0.8% | 0.2% |
现金转化率FFIVSCSC
| Q1 26 | 3.55× | — | ||
| Q4 25 | 0.88× | 1.87× | ||
| Q3 25 | 1.09× | 1.17× | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.76× | 3.79× | ||
| Q4 24 | 1.22× | -0.36× | ||
| Q3 24 | 1.49× | 2.64× | ||
| Q2 24 | 1.10× | — |
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
FFIV
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
