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Grocery Outlet Holding Corp.（GO）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
Grocery Outlet Holding Corp.的季度营收约是SCANSOURCE, INC.的1.6倍（$1.2B vs $766.5M），SCANSOURCE, INC.净利率更高（2.2% vs -18.5%，领先20.7%），Grocery Outlet Holding Corp.同比增速更快（10.7% vs 2.5%），过去两年Grocery Outlet Holding Corp.的营收复合增速更高（8.3% vs 0.9%）
Grocery Outlet Holding Corp.是美国知名的折扣清仓零售企业，旗下所有门店均为超市，主打销售品牌厂商及自有品牌供应商的库存积压与清仓商品，价格优惠。目前该公司的门店已分布在美国加利福尼亚、俄勒冈、华盛顿、爱达荷等十余州。
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。
GO vs SCSC — 直观对比
营收规模更大
GO
是对方的1.6倍
$766.5M
营收增速更快
GO
高出8.2%
2.5%
净利率更高
SCSC
高出20.7%
-18.5%
两年增速更快
GO
近两年复合增速
0.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $766.5M |
| 净利润 | $-224.9M | $16.5M |
| 毛利率 | 29.7% | 13.4% |
| 营业利润率 | — | 2.3% |
| 净利率 | -18.5% | 2.2% |
| 营收同比 | 10.7% | 2.5% |
| 净利润同比 | -669.9% | -3.3% |
| 每股收益（稀释后） | $-2.22 | $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GOSCSC
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $766.5M | ||
| Q3 25 | $1.2B | $739.6M | ||
| Q2 25 | $1.2B | $812.9M | ||
| Q1 25 | $1.1B | $704.8M | ||
| Q4 24 | $1.1B | $747.5M | ||
| Q3 24 | $1.1B | $775.6M | ||
| Q2 24 | $1.1B | $746.1M |
净利润GOSCSC
| Q1 26 | $-224.9M | — | ||
| Q4 25 | — | $16.5M | ||
| Q3 25 | $11.6M | $19.9M | ||
| Q2 25 | $5.0M | $20.1M | ||
| Q1 25 | $-23.3M | $17.4M | ||
| Q4 24 | $2.3M | $17.1M | ||
| Q3 24 | $24.2M | $17.0M | ||
| Q2 24 | $14.0M | $16.1M |
毛利率GOSCSC
| Q1 26 | 29.7% | — | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | 30.4% | 14.5% | ||
| Q2 25 | 30.6% | 12.9% | ||
| Q1 25 | 30.4% | 14.2% | ||
| Q4 24 | 29.5% | 13.6% | ||
| Q3 24 | 31.1% | 13.1% | ||
| Q2 24 | 30.9% | 13.0% |
营业利润率GOSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | 2.0% | 3.5% | ||
| Q2 25 | 1.1% | 3.3% | ||
| Q1 25 | -2.0% | 3.2% | ||
| Q4 24 | 1.0% | 2.5% | ||
| Q3 24 | 3.6% | 2.3% | ||
| Q2 24 | 2.3% | 2.9% |
净利率GOSCSC
| Q1 26 | -18.5% | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | 1.0% | 2.7% | ||
| Q2 25 | 0.4% | 2.5% | ||
| Q1 25 | -2.1% | 2.5% | ||
| Q4 24 | 0.2% | 2.3% | ||
| Q3 24 | 2.2% | 2.2% | ||
| Q2 24 | 1.2% | 2.2% |
每股收益（稀释后）GOSCSC
| Q1 26 | $-2.22 | — | ||
| Q4 25 | — | $0.75 | ||
| Q3 25 | $0.12 | $0.89 | ||
| Q2 25 | $0.05 | $0.87 | ||
| Q1 25 | $-0.24 | $0.74 | ||
| Q4 24 | $0.03 | $0.70 | ||
| Q3 24 | $0.24 | $0.69 | ||
| Q2 24 | $0.14 | $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 | $69.6M | $83.5M |
| 总债务越低越好 | $15.0M | — |
| 股东权益账面价值 | $983.7M | $910.9M |
| 总资产 | $3.1B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资GOSCSC
| Q1 26 | $69.6M | — | ||
| Q4 25 | — | $83.5M | ||
| Q3 25 | $52.1M | $124.9M | ||
| Q2 25 | $55.2M | $126.2M | ||
| Q1 25 | $50.9M | $146.3M | ||
| Q4 24 | $62.8M | $110.5M | ||
| Q3 24 | $68.7M | $145.0M | ||
| Q2 24 | $67.1M | $185.5M |
总债务GOSCSC
| Q1 26 | $15.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $500.3M | — | ||
| Q2 25 | $473.9M | — | ||
| Q1 25 | $475.7M | — | ||
| Q4 24 | $477.5M | — | ||
| Q3 24 | $429.3M | — | ||
| Q2 24 | $379.2M | — |
股东权益GOSCSC
| Q1 26 | $983.7M | — | ||
| Q4 25 | — | $910.9M | ||
| Q3 25 | $1.2B | $914.0M | ||
| Q2 25 | $1.2B | $906.4M | ||
| Q1 25 | $1.2B | $901.7M | ||
| Q4 24 | $1.2B | $900.7M | ||
| Q3 24 | $1.2B | $920.9M | ||
| Q2 24 | $1.2B | $924.3M |
总资产GOSCSC
| Q1 26 | $3.1B | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.3B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.2B | $1.7B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $3.1B | $1.8B |
负债/权益比GOSCSC
| Q1 26 | 0.02× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — |
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 | $222.1M | $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GOSCSC
| Q1 26 | $222.1M | — | ||
| Q4 25 | — | $30.8M | ||
| Q3 25 | $17.3M | $23.2M | ||
| Q2 25 | $73.6M | — | ||
| Q1 25 | $58.9M | $66.1M | ||
| Q4 24 | $39.5M | $-6.2M | ||
| Q3 24 | $23.0M | $44.8M | ||
| Q2 24 | $41.6M | — |
自由现金流GOSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | $28.9M | ||
| Q3 25 | $-21.6M | $20.8M | ||
| Q2 25 | $14.4M | — | ||
| Q1 25 | $-1.5M | $64.6M | ||
| Q4 24 | $-19.6M | $-8.2M | ||
| Q3 24 | $-19.3M | $42.5M | ||
| Q2 24 | $2.7M | — |
自由现金流率GOSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | -1.8% | 2.8% | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | -0.1% | 9.2% | ||
| Q4 24 | -1.8% | -1.1% | ||
| Q3 24 | -1.7% | 5.5% | ||
| Q2 24 | 0.2% | — |
资本支出强度GOSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | 3.3% | 0.3% | ||
| Q2 25 | 5.0% | 0.3% | ||
| Q1 25 | 5.4% | 0.2% | ||
| Q4 24 | 5.4% | 0.3% | ||
| Q3 24 | 3.8% | 0.3% | ||
| Q2 24 | 3.4% | 0.2% |
现金转化率GOSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 1.87× | ||
| Q3 25 | 1.49× | 1.17× | ||
| Q2 25 | 14.84× | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | 17.09× | -0.36× | ||
| Q3 24 | 0.95× | 2.64× | ||
| Q2 24 | 2.97× | — |
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
GO
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
