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因美纳（ILMN）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
因美纳的季度营收约是SCANSOURCE, INC.的1.4倍（$1.1B vs $766.5M），因美纳净利率更高（12.3% vs 2.2%，领先10.1%），因美纳同比增速更快（4.8% vs 2.5%），因美纳自由现金流更多（$251.0M vs $28.9M），过去两年SCANSOURCE, INC.的营收复合增速更高（0.9% vs -1.3%）
因美纳是总部位于美国加利福尼亚州圣迭戈的生物技术企业，成立于1998年4月，专注研发、生产及销售用于分析基因变异与生物功能的集成系统，产品及服务覆盖测序、基因分型、基因表达、蛋白质组学等领域，业务遍及全球超155个国家和地区。
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。
ILMN vs SCSC — 直观对比
营收规模更大
ILMN
是对方的1.4倍
$766.5M
营收增速更快
ILMN
高出2.3%
2.5%
净利率更高
ILMN
高出10.1%
2.2%
自由现金流更多
ILMN
多$222.1M
$28.9M
两年增速更快
SCSC
近两年复合增速
-1.3%
损益表 — Q1 FY2027 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $766.5M |
| 净利润 | $134.0M | $16.5M |
| 毛利率 | 66.1% | 13.4% |
| 营业利润率 | 19.2% | 2.3% |
| 净利率 | 12.3% | 2.2% |
| 营收同比 | 4.8% | 2.5% |
| 净利润同比 | — | -3.3% |
| 每股收益（稀释后） | $0.87 | $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ILMNSCSC
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $766.5M | ||
| Q3 25 | — | $739.6M | ||
| Q2 25 | — | $812.9M | ||
| Q1 25 | — | $704.8M | ||
| Q4 24 | $1.1B | $747.5M | ||
| Q3 24 | $1.1B | $775.6M | ||
| Q2 24 | $1.1B | $746.1M |
净利润ILMNSCSC
| Q1 26 | $134.0M | — | ||
| Q4 25 | $334.0M | $16.5M | ||
| Q3 25 | — | $19.9M | ||
| Q2 25 | — | $20.1M | ||
| Q1 25 | — | $17.4M | ||
| Q4 24 | $186.0M | $17.1M | ||
| Q3 24 | $705.0M | $17.0M | ||
| Q2 24 | $-2.0B | $16.1M |
毛利率ILMNSCSC
| Q1 26 | 66.1% | — | ||
| Q4 25 | 65.5% | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | 65.9% | 13.6% | ||
| Q3 24 | 69.0% | 13.1% | ||
| Q2 24 | 64.8% | 13.0% |
营业利润率ILMNSCSC
| Q1 26 | 19.2% | — | ||
| Q4 25 | 17.4% | 2.3% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | 15.8% | 2.5% | ||
| Q3 24 | 68.6% | 2.3% | ||
| Q2 24 | -147.2% | 2.9% |
净利率ILMNSCSC
| Q1 26 | 12.3% | — | ||
| Q4 25 | 28.8% | 2.2% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | 16.8% | 2.3% | ||
| Q3 24 | 65.3% | 2.2% | ||
| Q2 24 | -178.8% | 2.2% |
每股收益（稀释后）ILMNSCSC
| Q1 26 | $0.87 | — | ||
| Q4 25 | $2.16 | $0.75 | ||
| Q3 25 | — | $0.89 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | — | $0.74 | ||
| Q4 24 | $1.16 | $0.70 | ||
| Q3 24 | $4.42 | $0.69 | ||
| Q2 24 | $-12.48 | $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 | $1.2B | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $910.9M |
| 总资产 | $6.6B | $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ILMNSCSC
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.6B | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | $93.0M | $110.5M | ||
| Q3 24 | $70.0M | $145.0M | ||
| Q2 24 | $74.0M | $185.5M |
股东权益ILMNSCSC
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $910.9M | ||
| Q3 25 | — | $914.0M | ||
| Q2 25 | — | $906.4M | ||
| Q1 25 | — | $901.7M | ||
| Q4 24 | $2.4B | $900.7M | ||
| Q3 24 | $2.1B | $920.9M | ||
| Q2 24 | $1.4B | $924.3M |
总资产ILMNSCSC
| Q1 26 | $6.6B | — | ||
| Q4 25 | $6.6B | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $6.3B | $1.7B | ||
| Q3 24 | $6.0B | $1.8B | ||
| Q2 24 | $6.1B | $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 | $289.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $251.0M | $28.9M |
| 自由现金流率自由现金流/营收 | 23.0% | 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 | 2.16× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $1.1B | — |
8季度趋势，按日历期对齐
经营现金流ILMNSCSC
| Q1 26 | $289.0M | — | ||
| Q4 25 | $321.0M | $30.8M | ||
| Q3 25 | — | $23.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $66.1M | ||
| Q4 24 | $364.0M | $-6.2M | ||
| Q3 24 | $316.0M | $44.8M | ||
| Q2 24 | $80.0M | — |
自由现金流ILMNSCSC
| Q1 26 | $251.0M | — | ||
| Q4 25 | $267.0M | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | $335.0M | $-8.2M | ||
| Q3 24 | $284.0M | $42.5M | ||
| Q2 24 | $49.0M | — |
自由现金流率ILMNSCSC
| Q1 26 | 23.0% | — | ||
| Q4 25 | 23.0% | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | 30.3% | -1.1% | ||
| Q3 24 | 26.3% | 5.5% | ||
| Q2 24 | 4.4% | — |
资本支出强度ILMNSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 2.6% | 0.3% | ||
| Q3 24 | 3.0% | 0.3% | ||
| Q2 24 | 2.8% | 0.2% |
现金转化率ILMNSCSC
| Q1 26 | 2.16× | — | ||
| Q4 25 | 0.96× | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | 1.96× | -0.36× | ||
| Q3 24 | 0.45× | 2.64× | ||
| Q2 24 | — | — |
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
ILMN
| Product revenue | $917.0M | 84% |
| Service and other revenue | $174.0M | 16% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
