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Fair Isaac（FICO）与SLM Corp（SLM）财务数据对比。点击上方公司名可切换其他公司
SLM Corp的季度营收约是Fair Isaac的1.1倍（$560.0M vs $512.0M），SLM Corp净利率更高（55.0% vs 30.9%，领先24.1%），过去两年SLM Corp的营收复合增速更高（22.7% 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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
FICO vs SLM — 直观对比
营收规模更大
SLM
是对方的1.1倍
$512.0M
净利率更高
SLM
高出24.1%
30.9%
两年增速更快
SLM
近两年复合增速
8.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $560.0M |
| 净利润 | $158.4M | $308.0M |
| 毛利率 | 83.0% | — |
| 营业利润率 | 45.7% | 69.6% |
| 净利率 | 30.9% | 55.0% |
| 营收同比 | 16.4% | — |
| 净利润同比 | 3.8% | 1.0% |
| 每股收益（稀释后） | $6.61 | $1.54 |
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FICOSLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $512.0M | $377.1M | ||
| Q3 25 | $515.8M | $373.0M | ||
| Q2 25 | $536.4M | $376.8M | ||
| Q1 25 | $498.7M | $375.0M | ||
| Q4 24 | $440.0M | $362.2M | ||
| Q3 24 | $453.8M | $359.4M | ||
| Q2 24 | $447.8M | $372.2M |
净利润FICOSLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $158.4M | $233.2M | ||
| Q3 25 | $155.0M | $135.8M | ||
| Q2 25 | $181.8M | $71.3M | ||
| Q1 25 | $162.6M | $304.5M | ||
| Q4 24 | $152.5M | $111.6M | ||
| Q3 24 | $135.7M | $-45.2M | ||
| Q2 24 | $126.3M | $252.0M |
毛利率FICOSLM
| Q1 26 | — | — | ||
| Q4 25 | 83.0% | — | ||
| Q3 25 | 82.3% | — | ||
| Q2 25 | 83.7% | — | ||
| Q1 25 | 82.4% | — | ||
| Q4 24 | 80.1% | — | ||
| Q3 24 | 80.3% | — | ||
| Q2 24 | 80.3% | — |
营业利润率FICOSLM
| Q1 26 | — | 69.6% | ||
| Q4 25 | 45.7% | 83.8% | ||
| Q3 25 | 46.0% | 49.8% | ||
| Q2 25 | 48.9% | 23.3% | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 40.8% | 36.5% | ||
| Q3 24 | 43.4% | -16.6% | ||
| Q2 24 | 42.5% | 91.0% |
净利率FICOSLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 30.9% | 61.8% | ||
| Q3 25 | 30.1% | 36.4% | ||
| Q2 25 | 33.9% | 18.9% | ||
| Q1 25 | 32.6% | 81.2% | ||
| Q4 24 | 34.7% | 30.8% | ||
| Q3 24 | 29.9% | -12.6% | ||
| Q2 24 | 28.2% | 67.7% |
每股收益（稀释后）FICOSLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $6.61 | $1.11 | ||
| Q3 25 | $6.41 | $0.63 | ||
| Q2 25 | $7.40 | $0.32 | ||
| Q1 25 | $6.59 | $1.40 | ||
| Q4 24 | $6.14 | $0.53 | ||
| Q3 24 | $5.44 | $-0.23 | ||
| Q2 24 | $5.05 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | $3.2B | $6.2B |
| 股东权益账面价值 | $-1.8B | $2.4B |
| 总资产 | $1.9B | $29.4B |
| 负债/权益比越低杠杆越低 | — | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资FICOSLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $162.0M | $4.2B | ||
| Q3 25 | $134.1M | $3.5B | ||
| Q2 25 | $189.0M | $4.1B | ||
| Q1 25 | $146.6M | $3.7B | ||
| Q4 24 | $184.3M | $4.7B | ||
| Q3 24 | $150.7M | $4.5B | ||
| Q2 24 | $156.0M | $5.3B |
总债务FICOSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | $3.2B | $5.4B | ||
| Q3 25 | $3.1B | $6.8B | ||
| Q2 25 | $2.8B | $6.4B | ||
| Q1 25 | $2.5B | $6.1B | ||
| Q4 24 | $2.4B | $6.4B | ||
| Q3 24 | $2.2B | $6.0B | ||
| Q2 24 | $2.1B | $5.4B |
股东权益FICOSLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $-1.8B | $2.5B | ||
| Q3 25 | $-1.7B | $2.3B | ||
| Q2 25 | $-1.4B | $2.4B | ||
| Q1 25 | $-1.1B | $2.4B | ||
| Q4 24 | $-1.1B | $2.2B | ||
| Q3 24 | $-962.7M | $2.1B | ||
| Q2 24 | $-829.3M | $2.3B |
总资产FICOSLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $1.9B | $29.7B | ||
| Q3 25 | $1.9B | $29.6B | ||
| Q2 25 | $1.9B | $29.6B | ||
| Q1 25 | $1.8B | $28.9B | ||
| Q4 24 | $1.7B | $30.1B | ||
| Q3 24 | $1.7B | $30.0B | ||
| Q2 24 | $1.7B | $28.8B |
负债/权益比FICOSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | — | 2.19× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | 2.70× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 2.83× | ||
| Q2 24 | — | 2.37× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $173.9M | — |
| 自由现金流率自由现金流/营收 | 34.0% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流FICOSLM
| Q1 26 | — | — | ||
| Q4 25 | $174.1M | $-64.5M | ||
| Q3 25 | $223.7M | $-49.3M | ||
| Q2 25 | $286.2M | $-138.7M | ||
| Q1 25 | $74.9M | $-146.1M | ||
| Q4 24 | $194.0M | $4.5M | ||
| Q3 24 | $226.5M | $-113.4M | ||
| Q2 24 | $213.3M | $-143.8M |
自由现金流FICOSLM
| Q1 26 | — | — | ||
| Q4 25 | $173.9M | — | ||
| Q3 25 | $219.5M | — | ||
| Q2 25 | $284.4M | — | ||
| Q1 25 | $72.8M | — | ||
| Q4 24 | $193.2M | — | ||
| Q3 24 | $224.7M | — | ||
| Q2 24 | $211.6M | — |
自由现金流率FICOSLM
| Q1 26 | — | — | ||
| Q4 25 | 34.0% | — | ||
| Q3 25 | 42.6% | — | ||
| Q2 25 | 53.0% | — | ||
| Q1 25 | 14.6% | — | ||
| Q4 24 | 43.9% | — | ||
| Q3 24 | 49.5% | — | ||
| Q2 24 | 47.2% | — |
资本支出强度FICOSLM
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — |
现金转化率FICOSLM
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | -0.28× | ||
| Q3 25 | 1.44× | -0.36× | ||
| Q2 25 | 1.57× | -1.95× | ||
| Q1 25 | 0.46× | -0.48× | ||
| Q4 24 | 1.27× | 0.04× | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 1.69× | -0.57× |
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% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
