vs
Fair Isaac（FICO）与迈心诺（MASI）财务数据对比。点击上方公司名可切换其他公司
Fair Isaac的季度营收约是迈心诺的1.4倍（$512.0M vs $371.5M），Fair Isaac净利率更高（30.9% vs -27.0%，领先58.0%），Fair Isaac同比增速更快（16.4% vs -26.4%），Fair Isaac自由现金流更多（$173.9M vs $50.9M），过去两年Fair Isaac的营收复合增速更高（8.6% vs -17.7%）
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。
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
FICO vs MASI — 直观对比
营收规模更大
FICO
是对方的1.4倍
$371.5M
营收增速更快
FICO
高出42.7%
-26.4%
净利率更高
FICO
高出58.0%
-27.0%
自由现金流更多
FICO
多$123.0M
$50.9M
两年增速更快
FICO
近两年复合增速
-17.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $371.5M |
| 净利润 | $158.4M | $-100.4M |
| 毛利率 | 83.0% | 62.1% |
| 营业利润率 | 45.7% | 22.5% |
| 净利率 | 30.9% | -27.0% |
| 营收同比 | 16.4% | -26.4% |
| 净利润同比 | 3.8% | -1124.5% |
| 每股收益（稀释后） | $6.61 | $-1.84 |
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FICOMASI
| Q4 25 | $512.0M | — | ||
| Q3 25 | $515.8M | $371.5M | ||
| Q2 25 | $536.4M | $370.9M | ||
| Q1 25 | $498.7M | $372.0M | ||
| Q4 24 | $440.0M | $600.7M | ||
| Q3 24 | $453.8M | $504.6M | ||
| Q2 24 | $447.8M | $496.3M | ||
| Q1 24 | $433.8M | $492.8M |
净利润FICOMASI
| Q4 25 | $158.4M | — | ||
| Q3 25 | $155.0M | $-100.4M | ||
| Q2 25 | $181.8M | $51.3M | ||
| Q1 25 | $162.6M | $-170.7M | ||
| Q4 24 | $152.5M | $-349.6M | ||
| Q3 24 | $135.7M | $9.8M | ||
| Q2 24 | $126.3M | $16.0M | ||
| Q1 24 | $129.8M | $18.9M |
毛利率FICOMASI
| Q4 25 | 83.0% | — | ||
| Q3 25 | 82.3% | 62.1% | ||
| Q2 25 | 83.7% | 62.9% | ||
| Q1 25 | 82.4% | 62.9% | ||
| Q4 24 | 80.1% | 40.7% | ||
| Q3 24 | 80.3% | 52.2% | ||
| Q2 24 | 80.3% | 51.3% | ||
| Q1 24 | 80.0% | 49.0% |
营业利润率FICOMASI
| Q4 25 | 45.7% | — | ||
| Q3 25 | 46.0% | 22.5% | ||
| Q2 25 | 48.9% | 17.4% | ||
| Q1 25 | 49.3% | 21.0% | ||
| Q4 24 | 40.8% | -59.8% | ||
| Q3 24 | 43.4% | 6.0% | ||
| Q2 24 | 42.5% | 5.7% | ||
| Q1 24 | 44.9% | 6.9% |
净利率FICOMASI
| Q4 25 | 30.9% | — | ||
| Q3 25 | 30.1% | -27.0% | ||
| Q2 25 | 33.9% | 13.8% | ||
| Q1 25 | 32.6% | -45.9% | ||
| Q4 24 | 34.7% | -58.2% | ||
| Q3 24 | 29.9% | 1.9% | ||
| Q2 24 | 28.2% | 3.2% | ||
| Q1 24 | 29.9% | 3.8% |
每股收益（稀释后）FICOMASI
| Q4 25 | $6.61 | — | ||
| Q3 25 | $6.41 | $-1.84 | ||
| Q2 25 | $7.40 | $0.94 | ||
| Q1 25 | $6.59 | $-3.12 | ||
| Q4 24 | $6.14 | $-6.54 | ||
| Q3 24 | $5.44 | $0.18 | ||
| Q2 24 | $5.05 | $0.29 | ||
| Q1 24 | $5.16 | $0.35 |
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 | $312.3M |
| 总债务越低越好 | $3.2B | $559.1M |
| 股东权益账面价值 | $-1.8B | $810.0M |
| 总资产 | $1.9B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资FICOMASI
| Q4 25 | $162.0M | — | ||
| Q3 25 | $134.1M | $312.3M | ||
| Q2 25 | $189.0M | $149.6M | ||
| Q1 25 | $146.6M | $130.8M | ||
| Q4 24 | $184.3M | $177.6M | ||
| Q3 24 | $150.7M | $158.5M | ||
| Q2 24 | $156.0M | $129.6M | ||
| Q1 24 | $135.7M | $157.6M |
总债务FICOMASI
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $559.1M | ||
| Q2 25 | $2.8B | $613.7M | ||
| Q1 25 | $2.5B | $651.0M | ||
| Q4 24 | $2.4B | $765.2M | ||
| Q3 24 | $2.2B | $772.6M | ||
| Q2 24 | $2.1B | $781.6M | ||
| Q1 24 | $2.0B | $876.0M |
股东权益FICOMASI
| Q4 25 | $-1.8B | — | ||
| Q3 25 | $-1.7B | $810.0M | ||
| Q2 25 | $-1.4B | $1.0B | ||
| Q1 25 | $-1.1B | $946.4M | ||
| Q4 24 | $-1.1B | $1.1B | ||
| Q3 24 | $-962.7M | $1.5B | ||
| Q2 24 | $-829.3M | $1.4B | ||
| Q1 24 | $-735.7M | $1.4B |
总资产FICOMASI
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | $1.8B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.7B | $2.9B | ||
| Q1 24 | $1.7B | $3.0B |
负债/权益比FICOMASI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.64× |
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 | $56.8M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $50.9M |
| 自由现金流率自由现金流/营收 | 34.0% | 13.7% |
| 资本支出强度资本支出/营收 | 0.0% | 1.6% |
| 现金转化率经营现金流/净利润 | 1.10× | — |
| 过去12个月自由现金流最近4个季度 | $750.6M | $191.0M |
8季度趋势，按日历期对齐
经营现金流FICOMASI
| Q4 25 | $174.1M | — | ||
| Q3 25 | $223.7M | $56.8M | ||
| Q2 25 | $286.2M | $69.4M | ||
| Q1 25 | $74.9M | $31.1M | ||
| Q4 24 | $194.0M | $50.5M | ||
| Q3 24 | $226.5M | $25.6M | ||
| Q2 24 | $213.3M | $74.5M | ||
| Q1 24 | $71.0M | $45.8M |
自由现金流FICOMASI
| Q4 25 | $173.9M | — | ||
| Q3 25 | $219.5M | $50.9M | ||
| Q2 25 | $284.4M | $65.6M | ||
| Q1 25 | $72.8M | $28.5M | ||
| Q4 24 | $193.2M | $46.0M | ||
| Q3 24 | $224.7M | $16.9M | ||
| Q2 24 | $211.6M | $66.9M | ||
| Q1 24 | $67.0M | $37.6M |
自由现金流率FICOMASI
| Q4 25 | 34.0% | — | ||
| Q3 25 | 42.6% | 13.7% | ||
| Q2 25 | 53.0% | 17.7% | ||
| Q1 25 | 14.6% | 7.7% | ||
| Q4 24 | 43.9% | 7.7% | ||
| Q3 24 | 49.5% | 3.3% | ||
| Q2 24 | 47.2% | 13.5% | ||
| Q1 24 | 15.4% | 7.6% |
资本支出强度FICOMASI
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.8% | 1.6% | ||
| Q2 25 | 0.3% | 1.0% | ||
| Q1 25 | 0.4% | 0.7% | ||
| Q4 24 | 0.2% | 0.7% | ||
| Q3 24 | 0.4% | 1.7% | ||
| Q2 24 | 0.4% | 1.5% | ||
| Q1 24 | 0.9% | 1.7% |
现金转化率FICOMASI
| Q4 25 | 1.10× | — | ||
| Q3 25 | 1.44× | — | ||
| Q2 25 | 1.57× | 1.35× | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.67× | 2.61× | ||
| Q2 24 | 1.69× | 4.66× | ||
| Q1 24 | 0.55× | 2.42× |
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% |
MASI
暂无分部数据
