vs
Fair Isaac（FICO）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是Fair Isaac的1.5倍（$766.5M vs $512.0M），Fair Isaac净利率更高（30.9% vs 2.2%，领先28.8%），Fair Isaac同比增速更快（16.4% vs 2.5%），Fair Isaac自由现金流更多（$173.9M vs $28.9M），过去两年Fair Isaac的营收复合增速更高（8.6% vs 0.9%）
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。
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。
FICO vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.5倍
$512.0M
营收增速更快
FICO
高出13.8%
2.5%
净利率更高
FICO
高出28.8%
2.2%
自由现金流更多
FICO
多$145.0M
$28.9M
两年增速更快
FICO
近两年复合增速
0.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $766.5M |
| 净利润 | $158.4M | $16.5M |
| 毛利率 | 83.0% | 13.4% |
| 营业利润率 | 45.7% | 2.3% |
| 净利率 | 30.9% | 2.2% |
| 营收同比 | 16.4% | 2.5% |
| 净利润同比 | 3.8% | -3.3% |
| 每股收益（稀释后） | $6.61 | $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FICOSCSC
| Q4 25 | $512.0M | $766.5M | ||
| Q3 25 | $515.8M | $739.6M | ||
| Q2 25 | $536.4M | $812.9M | ||
| Q1 25 | $498.7M | $704.8M | ||
| Q4 24 | $440.0M | $747.5M | ||
| Q3 24 | $453.8M | $775.6M | ||
| Q2 24 | $447.8M | $746.1M | ||
| Q1 24 | $433.8M | $752.6M |
净利润FICOSCSC
| Q4 25 | $158.4M | $16.5M | ||
| Q3 25 | $155.0M | $19.9M | ||
| Q2 25 | $181.8M | $20.1M | ||
| Q1 25 | $162.6M | $17.4M | ||
| Q4 24 | $152.5M | $17.1M | ||
| Q3 24 | $135.7M | $17.0M | ||
| Q2 24 | $126.3M | $16.1M | ||
| Q1 24 | $129.8M | $12.8M |
毛利率FICOSCSC
| Q4 25 | 83.0% | 13.4% | ||
| Q3 25 | 82.3% | 14.5% | ||
| Q2 25 | 83.7% | 12.9% | ||
| Q1 25 | 82.4% | 14.2% | ||
| Q4 24 | 80.1% | 13.6% | ||
| Q3 24 | 80.3% | 13.1% | ||
| Q2 24 | 80.3% | 13.0% | ||
| Q1 24 | 80.0% | 12.6% |
营业利润率FICOSCSC
| Q4 25 | 45.7% | 2.3% | ||
| Q3 25 | 46.0% | 3.5% | ||
| Q2 25 | 48.9% | 3.3% | ||
| Q1 25 | 49.3% | 3.2% | ||
| Q4 24 | 40.8% | 2.5% | ||
| Q3 24 | 43.4% | 2.3% | ||
| Q2 24 | 42.5% | 2.9% | ||
| Q1 24 | 44.9% | 2.3% |
净利率FICOSCSC
| Q4 25 | 30.9% | 2.2% | ||
| Q3 25 | 30.1% | 2.7% | ||
| Q2 25 | 33.9% | 2.5% | ||
| Q1 25 | 32.6% | 2.5% | ||
| Q4 24 | 34.7% | 2.3% | ||
| Q3 24 | 29.9% | 2.2% | ||
| Q2 24 | 28.2% | 2.2% | ||
| Q1 24 | 29.9% | 1.7% |
每股收益（稀释后）FICOSCSC
| Q4 25 | $6.61 | $0.75 | ||
| Q3 25 | $6.41 | $0.89 | ||
| Q2 25 | $7.40 | $0.87 | ||
| Q1 25 | $6.59 | $0.74 | ||
| Q4 24 | $6.14 | $0.70 | ||
| Q3 24 | $5.44 | $0.69 | ||
| Q2 24 | $5.05 | $0.66 | ||
| Q1 24 | $5.16 | $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 | $162.0M | $83.5M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $-1.8B | $910.9M |
| 总资产 | $1.9B | $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FICOSCSC
| Q4 25 | $162.0M | $83.5M | ||
| Q3 25 | $134.1M | $124.9M | ||
| Q2 25 | $189.0M | $126.2M | ||
| Q1 25 | $146.6M | $146.3M | ||
| Q4 24 | $184.3M | $110.5M | ||
| Q3 24 | $150.7M | $145.0M | ||
| Q2 24 | $156.0M | $185.5M | ||
| Q1 24 | $135.7M | $159.1M |
总债务FICOSCSC
| 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FICOSCSC
| Q4 25 | $-1.8B | $910.9M | ||
| Q3 25 | $-1.7B | $914.0M | ||
| Q2 25 | $-1.4B | $906.4M | ||
| Q1 25 | $-1.1B | $901.7M | ||
| Q4 24 | $-1.1B | $900.7M | ||
| Q3 24 | $-962.7M | $920.9M | ||
| Q2 24 | $-829.3M | $924.3M | ||
| Q1 24 | $-735.7M | $944.1M |
总资产FICOSCSC
| Q4 25 | $1.9B | $1.7B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.7B | $1.8B | ||
| Q2 24 | $1.7B | $1.8B | ||
| Q1 24 | $1.7B | $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 | $174.1M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $28.9M |
| 自由现金流率自由现金流/营收 | 34.0% | 3.8% |
| 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× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $750.6M | — |
8季度趋势，按日历期对齐
经营现金流FICOSCSC
| Q4 25 | $174.1M | $30.8M | ||
| Q3 25 | $223.7M | $23.2M | ||
| Q2 25 | $286.2M | — | ||
| Q1 25 | $74.9M | $66.1M | ||
| Q4 24 | $194.0M | $-6.2M | ||
| Q3 24 | $226.5M | $44.8M | ||
| Q2 24 | $213.3M | — | ||
| Q1 24 | $71.0M | $160.2M |
自由现金流FICOSCSC
| Q4 25 | $173.9M | $28.9M | ||
| Q3 25 | $219.5M | $20.8M | ||
| Q2 25 | $284.4M | — | ||
| Q1 25 | $72.8M | $64.6M | ||
| Q4 24 | $193.2M | $-8.2M | ||
| Q3 24 | $224.7M | $42.5M | ||
| Q2 24 | $211.6M | — | ||
| Q1 24 | $67.0M | $157.7M |
自由现金流率FICOSCSC
| Q4 25 | 34.0% | 3.8% | ||
| Q3 25 | 42.6% | 2.8% | ||
| Q2 25 | 53.0% | — | ||
| Q1 25 | 14.6% | 9.2% | ||
| Q4 24 | 43.9% | -1.1% | ||
| Q3 24 | 49.5% | 5.5% | ||
| Q2 24 | 47.2% | — | ||
| Q1 24 | 15.4% | 21.0% |
资本支出强度FICOSCSC
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.8% | 0.3% | ||
| Q2 25 | 0.3% | 0.3% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.2% | 0.3% | ||
| Q3 24 | 0.4% | 0.3% | ||
| Q2 24 | 0.4% | 0.2% | ||
| Q1 24 | 0.9% | 0.3% |
现金转化率FICOSCSC
| Q4 25 | 1.10× | 1.87× | ||
| Q3 25 | 1.44× | 1.17× | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 0.46× | 3.79× | ||
| Q4 24 | 1.27× | -0.36× | ||
| Q3 24 | 1.67× | 2.64× | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 0.55× | 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
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% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
