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Fair Isaac（FICO）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
Fair Isaac的季度营收约是KADANT INC的1.9倍（$512.0M vs $271.6M），Fair Isaac净利率更高（30.9% vs 10.2%，领先20.7%），Fair Isaac同比增速更快（16.4% vs -0.0%），Fair Isaac自由现金流更多（$173.9M vs $44.1M），过去两年Fair Isaac的营收复合增速更高（8.6% vs 6.7%）
FICO（原Fair, Isaac and Company）是美国知名数据分析企业，1956年由比尔·费尔与厄尔·艾萨克创立，总部位于蒙大拿州博兹曼市，核心业务为信用评分服务，其推出的FICO信用分是评估消费者信贷风险的重要指标，目前已被美国消费信贷行业广泛采用。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
FICO vs KAI — 直观对比
营收规模更大
FICO
是对方的1.9倍
$271.6M
营收增速更快
FICO
高出16.4%
-0.0%
净利率更高
FICO
高出20.7%
10.2%
自由现金流更多
FICO
多$129.8M
$44.1M
两年增速更快
FICO
近两年复合增速
6.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $271.6M |
| 净利润 | $158.4M | $27.7M |
| 毛利率 | 83.0% | 45.2% |
| 营业利润率 | 45.7% | 15.7% |
| 净利率 | 30.9% | 10.2% |
| 营收同比 | 16.4% | -0.0% |
| 净利润同比 | 3.8% | -12.2% |
| 每股收益（稀释后） | $6.61 | $2.35 |
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FICOKAI
| Q4 25 | $512.0M | — | ||
| Q3 25 | $515.8M | $271.6M | ||
| Q2 25 | $536.4M | $255.3M | ||
| Q1 25 | $498.7M | $239.2M | ||
| Q4 24 | $440.0M | $258.0M | ||
| Q3 24 | $453.8M | $271.6M | ||
| Q2 24 | $447.8M | $274.8M | ||
| Q1 24 | $433.8M | $249.0M |
净利润FICOKAI
| Q4 25 | $158.4M | — | ||
| Q3 25 | $155.0M | $27.7M | ||
| Q2 25 | $181.8M | $26.2M | ||
| Q1 25 | $162.6M | $24.1M | ||
| Q4 24 | $152.5M | $24.0M | ||
| Q3 24 | $135.7M | $31.6M | ||
| Q2 24 | $126.3M | $31.3M | ||
| Q1 24 | $129.8M | $24.7M |
毛利率FICOKAI
| Q4 25 | 83.0% | — | ||
| Q3 25 | 82.3% | 45.2% | ||
| Q2 25 | 83.7% | 45.9% | ||
| Q1 25 | 82.4% | 46.1% | ||
| Q4 24 | 80.1% | 43.4% | ||
| Q3 24 | 80.3% | 44.7% | ||
| Q2 24 | 80.3% | 44.4% | ||
| Q1 24 | 80.0% | 44.6% |
营业利润率FICOKAI
| Q4 25 | 45.7% | — | ||
| Q3 25 | 46.0% | 15.7% | ||
| Q2 25 | 48.9% | 15.4% | ||
| Q1 25 | 49.3% | 14.9% | ||
| Q4 24 | 40.8% | 14.3% | ||
| Q3 24 | 43.4% | 18.0% | ||
| Q2 24 | 42.5% | 17.6% | ||
| Q1 24 | 44.9% | 14.8% |
净利率FICOKAI
| Q4 25 | 30.9% | — | ||
| Q3 25 | 30.1% | 10.2% | ||
| Q2 25 | 33.9% | 10.2% | ||
| Q1 25 | 32.6% | 10.1% | ||
| Q4 24 | 34.7% | 9.3% | ||
| Q3 24 | 29.9% | 11.6% | ||
| Q2 24 | 28.2% | 11.4% | ||
| Q1 24 | 29.9% | 9.9% |
每股收益（稀释后）FICOKAI
| Q4 25 | $6.61 | — | ||
| Q3 25 | $6.41 | $2.35 | ||
| Q2 25 | $7.40 | $2.22 | ||
| Q1 25 | $6.59 | $2.04 | ||
| Q4 24 | $6.14 | $2.04 | ||
| Q3 24 | $5.44 | $2.68 | ||
| Q2 24 | $5.05 | $2.66 | ||
| Q1 24 | $5.16 | $2.10 |
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 | $162.0M | $124.5M |
| 总债务越低越好 | $3.2B | $254.6M |
| 股东权益账面价值 | $-1.8B | $949.8M |
| 总资产 | $1.9B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资FICOKAI
| Q4 25 | $162.0M | — | ||
| Q3 25 | $134.1M | $124.5M | ||
| Q2 25 | $189.0M | $95.3M | ||
| Q1 25 | $146.6M | $91.7M | ||
| Q4 24 | $184.3M | $94.7M | ||
| Q3 24 | $150.7M | $88.4M | ||
| Q2 24 | $156.0M | $73.8M | ||
| Q1 24 | $135.7M | $81.4M |
总债务FICOKAI
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $254.6M | ||
| Q2 25 | $2.8B | $245.7M | ||
| Q1 25 | $2.5B | $273.5M | ||
| Q4 24 | $2.4B | $285.2M | ||
| Q3 24 | $2.2B | $323.2M | ||
| Q2 24 | $2.1B | $342.0M | ||
| Q1 24 | $2.0B | $306.8M |
股东权益FICOKAI
| Q4 25 | $-1.8B | — | ||
| Q3 25 | $-1.7B | $949.8M | ||
| Q2 25 | $-1.4B | $926.0M | ||
| Q1 25 | $-1.1B | $876.0M | ||
| Q4 24 | $-1.1B | $847.1M | ||
| Q3 24 | $-962.7M | $851.7M | ||
| Q2 24 | $-829.3M | $807.7M | ||
| Q1 24 | $-735.7M | $782.7M |
总资产FICOKAI
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.7B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.7B | $1.4B |
负债/权益比FICOKAI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× | ||
| Q1 24 | — | 0.39× |
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 | $174.1M | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $44.1M |
| 自由现金流率自由现金流/营收 | 34.0% | 16.2% |
| 资本支出强度资本支出/营收 | 0.0% | 1.2% |
| 现金转化率经营现金流/净利润 | 1.10× | 1.70× |
| 过去12个月自由现金流最近4个季度 | $750.6M | $145.9M |
8季度趋势，按日历期对齐
经营现金流FICOKAI
| Q4 25 | $174.1M | — | ||
| Q3 25 | $223.7M | $47.3M | ||
| Q2 25 | $286.2M | $40.5M | ||
| Q1 25 | $74.9M | $22.8M | ||
| Q4 24 | $194.0M | $51.9M | ||
| Q3 24 | $226.5M | $52.5M | ||
| Q2 24 | $213.3M | $28.1M | ||
| Q1 24 | $71.0M | $22.8M |
自由现金流FICOKAI
| Q4 25 | $173.9M | — | ||
| Q3 25 | $219.5M | $44.1M | ||
| Q2 25 | $284.4M | $36.5M | ||
| Q1 25 | $72.8M | $19.0M | ||
| Q4 24 | $193.2M | $46.3M | ||
| Q3 24 | $224.7M | $48.3M | ||
| Q2 24 | $211.6M | $23.1M | ||
| Q1 24 | $67.0M | $16.6M |
自由现金流率FICOKAI
| Q4 25 | 34.0% | — | ||
| Q3 25 | 42.6% | 16.2% | ||
| Q2 25 | 53.0% | 14.3% | ||
| Q1 25 | 14.6% | 7.9% | ||
| Q4 24 | 43.9% | 17.9% | ||
| Q3 24 | 49.5% | 17.8% | ||
| Q2 24 | 47.2% | 8.4% | ||
| Q1 24 | 15.4% | 6.7% |
资本支出强度FICOKAI
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.8% | 1.2% | ||
| Q2 25 | 0.3% | 1.6% | ||
| Q1 25 | 0.4% | 1.6% | ||
| Q4 24 | 0.2% | 2.2% | ||
| Q3 24 | 0.4% | 1.5% | ||
| Q2 24 | 0.4% | 1.8% | ||
| Q1 24 | 0.9% | 2.5% |
现金转化率FICOKAI
| Q4 25 | 1.10× | — | ||
| Q3 25 | 1.44× | 1.70× | ||
| Q2 25 | 1.57× | 1.55× | ||
| Q1 25 | 0.46× | 0.95× | ||
| Q4 24 | 1.27× | 2.16× | ||
| Q3 24 | 1.67× | 1.66× | ||
| Q2 24 | 1.69× | 0.90× | ||
| Q1 24 | 0.55× | 0.92× |
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
FICO
| Business To Business Scores | $248.6M | 49% |
| Saa S Products | $115.7M | 23% |
| Platform Software | $73.9M | 14% |
| Business To Consumer Scores | $55.9M | 11% |
| Technology Service | $19.2M | 4% |
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
