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Freedom Holding Corp.（FRHC）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Freedom Holding Corp.的1.2倍（$766.5M vs $628.6M），Freedom Holding Corp.净利率更高（12.1% vs 2.2%，领先10.0%），SCANSOURCE, INC.同比增速更快（2.5% vs -4.1%），Freedom Holding Corp.自由现金流更多（$651.7M vs $28.9M），过去两年Freedom Holding Corp.的营收复合增速更高（16.3% vs 0.9%）
Freedom Holding Corp.是在美国内华达州注册的投资集团，业务覆盖零售证券经纪交易、资产管理、资本市场服务、投研咨询、投行承销、抵押贷款、保险、银行及其他消费金融服务，核心布局美股、欧洲及以哈萨克斯坦为核心的中亚市场。
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。
FRHC vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.2倍
$628.6M
营收增速更快
SCSC
高出6.6%
-4.1%
净利率更高
FRHC
高出10.0%
2.2%
自由现金流更多
FRHC
多$622.9M
$28.9M
两年增速更快
FRHC
近两年复合增速
0.9%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $628.6M | $766.5M |
| 净利润 | $76.2M | $16.5M |
| 毛利率 | 96.0% | 13.4% |
| 营业利润率 | 14.9% | 2.3% |
| 净利率 | 12.1% | 2.2% |
| 营收同比 | -4.1% | 2.5% |
| 净利润同比 | -2.6% | -3.3% |
| 每股收益（稀释后） | $1.25 | $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FRHCSCSC
| Q4 25 | $628.6M | $766.5M | ||
| Q3 25 | $526.1M | $739.6M | ||
| Q2 25 | $533.4M | $812.9M | ||
| Q1 25 | $363.7M | $704.8M | ||
| Q4 24 | $655.2M | $747.5M | ||
| Q3 24 | $580.9M | $775.6M | ||
| Q2 24 | $450.7M | $746.1M | ||
| Q1 24 | $464.7M | $752.6M |
净利润FRHCSCSC
| Q4 25 | $76.2M | $16.5M | ||
| Q3 25 | $38.7M | $19.9M | ||
| Q2 25 | $30.4M | $20.1M | ||
| Q1 25 | $-142.7M | $17.4M | ||
| Q4 24 | $78.3M | $17.1M | ||
| Q3 24 | $114.7M | $17.0M | ||
| Q2 24 | $34.4M | $16.1M | ||
| Q1 24 | $95.2M | $12.8M |
毛利率FRHCSCSC
| Q4 25 | 96.0% | 13.4% | ||
| Q3 25 | 97.1% | 14.5% | ||
| Q2 25 | 97.4% | 12.9% | ||
| Q1 25 | 96.6% | 14.2% | ||
| Q4 24 | 98.6% | 13.6% | ||
| Q3 24 | 99.1% | 13.1% | ||
| Q2 24 | 99.0% | 13.0% | ||
| Q1 24 | — | 12.6% |
营业利润率FRHCSCSC
| Q4 25 | 14.9% | 2.3% | ||
| Q3 25 | 11.5% | 3.5% | ||
| Q2 25 | 7.6% | 3.3% | ||
| Q1 25 | -42.7% | 3.2% | ||
| Q4 24 | 15.0% | 2.5% | ||
| Q3 24 | 22.1% | 2.3% | ||
| Q2 24 | 9.2% | 2.9% | ||
| Q1 24 | 22.5% | 2.3% |
净利率FRHCSCSC
| Q4 25 | 12.1% | 2.2% | ||
| Q3 25 | 7.4% | 2.7% | ||
| Q2 25 | 5.7% | 2.5% | ||
| Q1 25 | -39.2% | 2.5% | ||
| Q4 24 | 11.9% | 2.3% | ||
| Q3 24 | 19.7% | 2.2% | ||
| Q2 24 | 7.6% | 2.2% | ||
| Q1 24 | 20.5% | 1.7% |
每股收益（稀释后）FRHCSCSC
| Q4 25 | $1.25 | $0.75 | ||
| Q3 25 | $0.63 | $0.89 | ||
| Q2 25 | $0.50 | $0.87 | ||
| Q1 25 | $-2.35 | $0.74 | ||
| Q4 24 | $1.29 | $0.70 | ||
| Q3 24 | $1.89 | $0.69 | ||
| Q2 24 | $0.57 | $0.66 | ||
| Q1 24 | $1.60 | $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 | $869.2M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $910.9M |
| 总资产 | $12.4B | $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FRHCSCSC
| Q4 25 | $869.2M | $83.5M | ||
| Q3 25 | $636.0M | $124.9M | ||
| Q2 25 | $567.9M | $126.2M | ||
| Q1 25 | $837.3M | $146.3M | ||
| Q4 24 | $577.9M | $110.5M | ||
| Q3 24 | $569.2M | $145.0M | ||
| Q2 24 | $718.7M | $185.5M | ||
| Q1 24 | $545.1M | $159.1M |
股东权益FRHCSCSC
| Q4 25 | $1.4B | $910.9M | ||
| Q3 25 | $1.2B | $914.0M | ||
| Q2 25 | $1.2B | $906.4M | ||
| Q1 25 | $1.2B | $901.7M | ||
| Q4 24 | $1.3B | $900.7M | ||
| Q3 24 | $1.3B | $920.9M | ||
| Q2 24 | $1.1B | $924.3M | ||
| Q1 24 | $1.2B | $944.1M |
总资产FRHCSCSC
| Q4 25 | $12.4B | $1.7B | ||
| Q3 25 | $10.3B | $1.7B | ||
| Q2 25 | $9.7B | $1.8B | ||
| Q1 25 | $9.9B | $1.7B | ||
| Q4 24 | $9.1B | $1.7B | ||
| Q3 24 | $8.8B | $1.8B | ||
| Q2 24 | $8.5B | $1.8B | ||
| Q1 24 | $8.3B | $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 | $717.8M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $651.7M | $28.9M |
| 自由现金流率自由现金流/营收 | 103.7% | 3.8% |
| 资本支出强度资本支出/营收 | 10.5% | 0.3% |
| 现金转化率经营现金流/净利润 | 9.42× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FRHCSCSC
| Q4 25 | $717.8M | $30.8M | ||
| Q3 25 | $535.3M | $23.2M | ||
| Q2 25 | $480.8M | — | ||
| Q1 25 | $1.3B | $66.1M | ||
| Q4 24 | $-72.8M | $-6.2M | ||
| Q3 24 | $-438.0M | $44.8M | ||
| Q2 24 | $854.1M | — | ||
| Q1 24 | $309.0M | $160.2M |
自由现金流FRHCSCSC
| Q4 25 | $651.7M | $28.9M | ||
| Q3 25 | $456.4M | $20.8M | ||
| Q2 25 | $450.0M | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | $-92.7M | $-8.2M | ||
| Q3 24 | $-447.5M | $42.5M | ||
| Q2 24 | $829.9M | — | ||
| Q1 24 | — | $157.7M |
自由现金流率FRHCSCSC
| Q4 25 | 103.7% | 3.8% | ||
| Q3 25 | 86.7% | 2.8% | ||
| Q2 25 | 84.4% | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | -14.1% | -1.1% | ||
| Q3 24 | -77.0% | 5.5% | ||
| Q2 24 | 184.1% | — | ||
| Q1 24 | — | 21.0% |
资本支出强度FRHCSCSC
| Q4 25 | 10.5% | 0.3% | ||
| Q3 25 | 15.0% | 0.3% | ||
| Q2 25 | 5.8% | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 3.0% | 0.3% | ||
| Q3 24 | 1.6% | 0.3% | ||
| Q2 24 | 5.4% | 0.2% | ||
| Q1 24 | — | 0.3% |
现金转化率FRHCSCSC
| Q4 25 | 9.42× | 1.87× | ||
| Q3 25 | 13.82× | 1.17× | ||
| Q2 25 | 15.82× | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | -0.93× | -0.36× | ||
| Q3 24 | -3.82× | 2.64× | ||
| Q2 24 | 24.83× | — | ||
| Q1 24 | 3.24× | 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
FRHC
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
