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Fair Isaac（FICO）与QUINSTREET, INC（QNST）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QUINSTREET, INC的1.8倍（$512.0M vs $287.8M），Fair Isaac净利率更高（30.9% vs 17.4%，领先13.5%），Fair Isaac同比增速更快（16.4% vs 1.9%），Fair Isaac自由现金流更多（$173.9M vs $20.7M），过去两年QUINSTREET, INC的营收复合增速更高（53.2% vs 8.6%）
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。
QuinStreet是一家总部位于美国加利福尼亚州福斯特城的上市网络营销企业，核心业务围绕优质域名资源展开，通过收储热门域名帮助客户获取流量，实现营销增长目标。
FICO vs QNST — 直观对比
营收规模更大
FICO
是对方的1.8倍
$287.8M
营收增速更快
FICO
高出14.5%
1.9%
净利率更高
FICO
高出13.5%
17.4%
自由现金流更多
FICO
多$153.1M
$20.7M
两年增速更快
QNST
近两年复合增速
8.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $287.8M |
| 净利润 | $158.4M | $50.2M |
| 毛利率 | 83.0% | 9.6% |
| 营业利润率 | 45.7% | 0.4% |
| 净利率 | 30.9% | 17.4% |
| 营收同比 | 16.4% | 1.9% |
| 净利润同比 | 3.8% | 3342.5% |
| 每股收益（稀释后） | $6.61 | $0.87 |
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FICOQNST
| Q4 25 | $512.0M | $287.8M | ||
| Q3 25 | $515.8M | $285.9M | ||
| Q2 25 | $536.4M | — | ||
| Q1 25 | $498.7M | $269.8M | ||
| Q4 24 | $440.0M | $282.6M | ||
| Q3 24 | $453.8M | $279.2M | ||
| Q2 24 | $447.8M | $198.3M | ||
| Q1 24 | $433.8M | $168.6M |
净利润FICOQNST
| Q4 25 | $158.4M | $50.2M | ||
| Q3 25 | $155.0M | $4.5M | ||
| Q2 25 | $181.8M | — | ||
| Q1 25 | $162.6M | $4.4M | ||
| Q4 24 | $152.5M | $-1.5M | ||
| Q3 24 | $135.7M | $-1.4M | ||
| Q2 24 | $126.3M | $-2.2M | ||
| Q1 24 | $129.8M | $-7.0M |
毛利率FICOQNST
| Q4 25 | 83.0% | 9.6% | ||
| Q3 25 | 82.3% | 9.4% | ||
| Q2 25 | 83.7% | — | ||
| Q1 25 | 82.4% | 10.3% | ||
| Q4 24 | 80.1% | 9.5% | ||
| Q3 24 | 80.3% | 10.2% | ||
| Q2 24 | 80.3% | 8.8% | ||
| Q1 24 | 80.0% | 8.5% |
营业利润率FICOQNST
| Q4 25 | 45.7% | 0.4% | ||
| Q3 25 | 46.0% | 1.7% | ||
| Q2 25 | 48.9% | — | ||
| Q1 25 | 49.3% | 1.8% | ||
| Q4 24 | 40.8% | -0.5% | ||
| Q3 24 | 43.4% | -0.4% | ||
| Q2 24 | 42.5% | -0.7% | ||
| Q1 24 | 44.9% | -3.2% |
净利率FICOQNST
| Q4 25 | 30.9% | 17.4% | ||
| Q3 25 | 30.1% | 1.6% | ||
| Q2 25 | 33.9% | — | ||
| Q1 25 | 32.6% | 1.6% | ||
| Q4 24 | 34.7% | -0.5% | ||
| Q3 24 | 29.9% | -0.5% | ||
| Q2 24 | 28.2% | -1.1% | ||
| Q1 24 | 29.9% | -4.2% |
每股收益（稀释后）FICOQNST
| Q4 25 | $6.61 | $0.87 | ||
| Q3 25 | $6.41 | $0.08 | ||
| Q2 25 | $7.40 | — | ||
| Q1 25 | $6.59 | $0.08 | ||
| Q4 24 | $6.14 | $-0.03 | ||
| Q3 24 | $5.44 | $-0.02 | ||
| Q2 24 | $5.05 | $-0.04 | ||
| Q1 24 | $5.16 | $-0.13 |
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 | $107.0M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $-1.8B | $294.4M |
| 总资产 | $1.9B | $493.0M |
| 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FICOQNST
| Q4 25 | $162.0M | $107.0M | ||
| Q3 25 | $134.1M | $101.3M | ||
| Q2 25 | $189.0M | — | ||
| Q1 25 | $146.6M | $81.8M | ||
| Q4 24 | $184.3M | $57.8M | ||
| Q3 24 | $150.7M | $25.0M | ||
| Q2 24 | $156.0M | $50.5M | ||
| Q1 24 | $135.7M | $39.6M |
总债务FICOQNST
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.0B | — |
股东权益FICOQNST
| Q4 25 | $-1.8B | $294.4M | ||
| Q3 25 | $-1.7B | $246.7M | ||
| Q2 25 | $-1.4B | — | ||
| Q1 25 | $-1.1B | $235.5M | ||
| Q4 24 | $-1.1B | $224.3M | ||
| Q3 24 | $-962.7M | $219.8M | ||
| Q2 24 | $-829.3M | $216.8M | ||
| Q1 24 | $-735.7M | $215.0M |
总资产FICOQNST
| Q4 25 | $1.9B | $493.0M | ||
| Q3 25 | $1.9B | $442.6M | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.8B | $417.2M | ||
| Q4 24 | $1.7B | $409.6M | ||
| Q3 24 | $1.7B | $401.2M | ||
| Q2 24 | $1.7B | $368.5M | ||
| Q1 24 | $1.7B | $349.3M |
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 | $21.6M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $20.7M |
| 自由现金流率自由现金流/营收 | 34.0% | 7.2% |
| 资本支出强度资本支出/营收 | 0.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.10× | 0.43× |
| 过去12个月自由现金流最近4个季度 | $750.6M | $106.9M |
8季度趋势，按日历期对齐
经营现金流FICOQNST
| Q4 25 | $174.1M | $21.6M | ||
| Q3 25 | $223.7M | $19.6M | ||
| Q2 25 | $286.2M | — | ||
| Q1 25 | $74.9M | $30.1M | ||
| Q4 24 | $194.0M | $38.7M | ||
| Q3 24 | $226.5M | $-13.7M | ||
| Q2 24 | $213.3M | $16.6M | ||
| Q1 24 | $71.0M | $4.1M |
自由现金流FICOQNST
| Q4 25 | $173.9M | $20.7M | ||
| Q3 25 | $219.5M | $18.4M | ||
| Q2 25 | $284.4M | — | ||
| Q1 25 | $72.8M | $29.5M | ||
| Q4 24 | $193.2M | $38.2M | ||
| Q3 24 | $224.7M | $-14.1M | ||
| Q2 24 | $211.6M | $15.4M | ||
| Q1 24 | $67.0M | $2.9M |
自由现金流率FICOQNST
| Q4 25 | 34.0% | 7.2% | ||
| Q3 25 | 42.6% | 6.4% | ||
| Q2 25 | 53.0% | — | ||
| Q1 25 | 14.6% | 10.9% | ||
| Q4 24 | 43.9% | 13.5% | ||
| Q3 24 | 49.5% | -5.1% | ||
| Q2 24 | 47.2% | 7.8% | ||
| Q1 24 | 15.4% | 1.7% |
资本支出强度FICOQNST
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.8% | 0.4% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.2% | 0.2% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 0.4% | 0.6% | ||
| Q1 24 | 0.9% | 0.7% |
现金转化率FICOQNST
| Q4 25 | 1.10× | 0.43× | ||
| Q3 25 | 1.44× | 4.32× | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 0.46× | 6.82× | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 0.55× | — |
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% |
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
