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Gen Digital（GEN）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
Gen Digital的季度营收约是SCANSOURCE, INC.的1.6倍（$1.2B vs $766.5M），Gen Digital净利率更高（15.5% vs 2.2%，领先13.3%），Gen Digital同比增速更快（28.5% vs 2.5%），过去两年Gen Digital的营收复合增速更高（13.2% vs 0.9%）
Gen Digital是一家跨国软件企业，双总部分别设于美国亚利桑那州坦佩和欧盟捷克布拉格，是财富500强企业及标普500指数成分股，同时在纳斯达克与布拉格证券交易所挂牌上市。公司主营网络安全软件、金融科技及相关服务，旗下拥有诺顿、Avast、LifeLock、AVG、CCleaner等多个知名品牌。
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。
GEN vs SCSC — 直观对比
营收规模更大
GEN
是对方的1.6倍
$766.5M
营收增速更快
GEN
高出26.0%
2.5%
净利率更高
GEN
高出13.3%
2.2%
两年增速更快
GEN
近两年复合增速
0.9%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $766.5M |
| 净利润 | $192.0M | $16.5M |
| 毛利率 | 78.4% | 13.4% |
| 营业利润率 | 34.9% | 2.3% |
| 净利率 | 15.5% | 2.2% |
| 营收同比 | 28.5% | 2.5% |
| 净利润同比 | 6.1% | -3.3% |
| 每股收益（稀释后） | $0.31 | $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GENSCSC
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $766.5M | ||
| Q3 25 | $1.3B | $739.6M | ||
| Q2 25 | — | $812.9M | ||
| Q1 25 | $1.0B | $704.8M | ||
| Q4 24 | $986.0M | $747.5M | ||
| Q3 24 | $974.0M | $775.6M | ||
| Q2 24 | $965.0M | $746.1M |
净利润GENSCSC
| Q1 26 | $192.0M | — | ||
| Q4 25 | $134.0M | $16.5M | ||
| Q3 25 | $135.0M | $19.9M | ||
| Q2 25 | — | $20.1M | ||
| Q1 25 | $142.0M | $17.4M | ||
| Q4 24 | $159.0M | $17.1M | ||
| Q3 24 | $161.0M | $17.0M | ||
| Q2 24 | $181.0M | $16.1M |
毛利率GENSCSC
| Q1 26 | 78.4% | — | ||
| Q4 25 | 78.2% | 13.4% | ||
| Q3 25 | 78.8% | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | 80.3% | 14.2% | ||
| Q4 24 | 80.4% | 13.6% | ||
| Q3 24 | 80.1% | 13.1% | ||
| Q2 24 | 80.3% | 13.0% |
营业利润率GENSCSC
| Q1 26 | 34.9% | — | ||
| Q4 25 | 35.9% | 2.3% | ||
| Q3 25 | 35.5% | 3.5% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | 41.3% | 3.2% | ||
| Q4 24 | 37.9% | 2.5% | ||
| Q3 24 | 41.3% | 2.3% | ||
| Q2 24 | 43.2% | 2.9% |
净利率GENSCSC
| Q1 26 | 15.5% | — | ||
| Q4 25 | 11.0% | 2.2% | ||
| Q3 25 | 10.7% | 2.7% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | 14.1% | 2.5% | ||
| Q4 24 | 16.1% | 2.3% | ||
| Q3 24 | 16.5% | 2.2% | ||
| Q2 24 | 18.8% | 2.2% |
每股收益（稀释后）GENSCSC
| Q1 26 | $0.31 | — | ||
| Q4 25 | $0.21 | $0.75 | ||
| Q3 25 | $0.22 | $0.89 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | $0.22 | $0.74 | ||
| Q4 24 | $0.26 | $0.70 | ||
| Q3 24 | $0.26 | $0.69 | ||
| Q2 24 | $0.29 | $0.66 |
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 | — | $83.5M |
| 总债务越低越好 | $8.4B | — |
| 股东权益账面价值 | $2.3B | $910.9M |
| 总资产 | $15.8B | $1.7B |
| 负债/权益比越低杠杆越低 | 3.61× | — |
8季度趋势，按日历期对齐
现金及短期投资GENSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | $1.0B | $146.3M | ||
| Q4 24 | $883.0M | $110.5M | ||
| Q3 24 | $737.0M | $145.0M | ||
| Q2 24 | $644.0M | $185.5M |
总债务GENSCSC
| Q1 26 | $8.4B | — | ||
| Q4 25 | $8.7B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $8.5B | — | ||
| Q2 24 | $8.5B | — |
股东权益GENSCSC
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.5B | $910.9M | ||
| Q3 25 | $2.4B | $914.0M | ||
| Q2 25 | — | $906.4M | ||
| Q1 25 | $2.3B | $901.7M | ||
| Q4 24 | $2.2B | $900.7M | ||
| Q3 24 | $2.1B | $920.9M | ||
| Q2 24 | $2.0B | $924.3M |
总资产GENSCSC
| Q1 26 | $15.8B | — | ||
| Q4 25 | $16.1B | $1.7B | ||
| Q3 25 | $16.4B | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | $15.5B | $1.7B | ||
| Q4 24 | $15.4B | $1.7B | ||
| Q3 24 | $15.5B | $1.8B | ||
| Q2 24 | $15.4B | $1.8B |
负债/权益比GENSCSC
| Q1 26 | 3.61× | — | ||
| Q4 25 | 3.54× | — | ||
| Q3 25 | 3.75× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.64× | — | ||
| Q4 24 | 3.94× | — | ||
| Q3 24 | 4.06× | — | ||
| Q2 24 | 4.33× | — |
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 | — | $30.8M |
| 自由现金流经营现金流 - 资本支出 | — | $28.9M |
| 自由现金流率自由现金流/营收 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | 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GENSCSC
| Q1 26 | — | — | ||
| Q4 25 | $541.0M | $30.8M | ||
| Q3 25 | $409.0M | $23.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | $473.0M | $66.1M | ||
| Q4 24 | $326.0M | $-6.2M | ||
| Q3 24 | $158.0M | $44.8M | ||
| Q2 24 | $264.0M | — |
自由现金流GENSCSC
| Q1 26 | — | — | ||
| Q4 25 | $535.0M | $28.9M | ||
| Q3 25 | $405.0M | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | $470.0M | $64.6M | ||
| Q4 24 | $318.0M | $-8.2M | ||
| Q3 24 | $156.0M | $42.5M | ||
| Q2 24 | $262.0M | — |
自由现金流率GENSCSC
| Q1 26 | — | — | ||
| Q4 25 | 43.9% | 3.8% | ||
| Q3 25 | 32.2% | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | 46.5% | 9.2% | ||
| Q4 24 | 32.3% | -1.1% | ||
| Q3 24 | 16.0% | 5.5% | ||
| Q2 24 | 27.2% | — |
资本支出强度GENSCSC
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.3% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.8% | 0.3% | ||
| Q3 24 | 0.2% | 0.3% | ||
| Q2 24 | 0.2% | 0.2% |
现金转化率GENSCSC
| Q1 26 | — | — | ||
| Q4 25 | 4.04× | 1.87× | ||
| Q3 25 | 3.03× | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.33× | 3.79× | ||
| Q4 24 | 2.05× | -0.36× | ||
| Q3 24 | 0.98× | 2.64× | ||
| Q2 24 | 1.46× | — |
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
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
