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INTERPARFUMS INC（IPAR）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INTERPARFUMS INC的2.0倍（$766.5M vs $386.2M），INTERPARFUMS INC净利率更高（7.3% vs 2.2%，领先5.1%），INTERPARFUMS INC同比增速更快（6.8% vs 2.5%），INTERPARFUMS INC自由现金流更多（$145.0M vs $28.9M），过去两年INTERPARFUMS INC的营收复合增速更高（9.2% vs 0.9%）
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
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。
IPAR vs SCSC — 直观对比
营收规模更大
SCSC
是对方的2.0倍
$386.2M
营收增速更快
IPAR
高出4.3%
2.5%
净利率更高
IPAR
高出5.1%
2.2%
自由现金流更多
IPAR
多$116.1M
$28.9M
两年增速更快
IPAR
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $766.5M |
| 净利润 | $28.1M | $16.5M |
| 毛利率 | 61.5% | 13.4% |
| 营业利润率 | 7.1% | 2.3% |
| 净利率 | 7.3% | 2.2% |
| 营收同比 | 6.8% | 2.5% |
| 净利润同比 | 16.0% | -3.3% |
| 每股收益（稀释后） | $0.88 | $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IPARSCSC
| Q4 25 | $386.2M | $766.5M | ||
| Q3 25 | $429.6M | $739.6M | ||
| Q2 25 | $333.9M | $812.9M | ||
| Q1 25 | $338.8M | $704.8M | ||
| Q4 24 | $361.5M | $747.5M | ||
| Q3 24 | $424.6M | $775.6M | ||
| Q2 24 | $342.2M | $746.1M | ||
| Q1 24 | $324.0M | $752.6M |
净利润IPARSCSC
| Q4 25 | $28.1M | $16.5M | ||
| Q3 25 | $65.8M | $19.9M | ||
| Q2 25 | $32.0M | $20.1M | ||
| Q1 25 | $42.5M | $17.4M | ||
| Q4 24 | $24.2M | $17.1M | ||
| Q3 24 | $62.3M | $17.0M | ||
| Q2 24 | $36.8M | $16.1M | ||
| Q1 24 | $41.0M | $12.8M |
毛利率IPARSCSC
| Q4 25 | 61.5% | 13.4% | ||
| Q3 25 | 63.5% | 14.5% | ||
| Q2 25 | 66.2% | 12.9% | ||
| Q1 25 | 63.7% | 14.2% | ||
| Q4 24 | 64.5% | 13.6% | ||
| Q3 24 | 63.9% | 13.1% | ||
| Q2 24 | 64.5% | 13.0% | ||
| Q1 24 | 62.5% | 12.6% |
营业利润率IPARSCSC
| Q4 25 | 7.1% | 2.3% | ||
| Q3 25 | 25.3% | 3.5% | ||
| Q2 25 | 17.7% | 3.3% | ||
| Q1 25 | 22.2% | 3.2% | ||
| Q4 24 | 10.0% | 2.5% | ||
| Q3 24 | 25.0% | 2.3% | ||
| Q2 24 | 18.9% | 2.9% | ||
| Q1 24 | 21.0% | 2.3% |
净利率IPARSCSC
| Q4 25 | 7.3% | 2.2% | ||
| Q3 25 | 15.3% | 2.7% | ||
| Q2 25 | 9.6% | 2.5% | ||
| Q1 25 | 12.5% | 2.5% | ||
| Q4 24 | 6.7% | 2.3% | ||
| Q3 24 | 14.7% | 2.2% | ||
| Q2 24 | 10.8% | 2.2% | ||
| Q1 24 | 12.7% | 1.7% |
每股收益（稀释后）IPARSCSC
| Q4 25 | $0.88 | $0.75 | ||
| Q3 25 | $2.05 | $0.89 | ||
| Q2 25 | $0.99 | $0.87 | ||
| Q1 25 | $1.32 | $0.74 | ||
| Q4 24 | $0.78 | $0.70 | ||
| Q3 24 | $1.93 | $0.69 | ||
| Q2 24 | $1.14 | $0.66 | ||
| Q1 24 | $1.27 | $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 | $137.1M | $83.5M |
| 总债务越低越好 | $176.0M | — |
| 股东权益账面价值 | $880.7M | $910.9M |
| 总资产 | $1.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资IPARSCSC
| Q4 25 | $137.1M | $83.5M | ||
| Q3 25 | $77.5M | $124.9M | ||
| Q2 25 | $53.9M | $126.2M | ||
| Q1 25 | $75.3M | $146.3M | ||
| Q4 24 | $109.3M | $110.5M | ||
| Q3 24 | $78.8M | $145.0M | ||
| Q2 24 | $37.7M | $185.5M | ||
| Q1 24 | $76.1M | $159.1M |
总债务IPARSCSC
| Q4 25 | $176.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $157.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IPARSCSC
| Q4 25 | $880.7M | $910.9M | ||
| Q3 25 | $870.9M | $914.0M | ||
| Q2 25 | $839.4M | $906.4M | ||
| Q1 25 | $788.6M | $901.7M | ||
| Q4 24 | $744.9M | $900.7M | ||
| Q3 24 | $778.5M | $920.9M | ||
| Q2 24 | $717.1M | $924.3M | ||
| Q1 24 | $708.1M | $944.1M |
总资产IPARSCSC
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.6B | $1.7B | ||
| Q2 25 | $1.6B | $1.8B | ||
| Q1 25 | $1.4B | $1.7B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.4B | $1.8B | ||
| Q1 24 | $1.3B | $1.8B |
负债/权益比IPARSCSC
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $146.5M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $145.0M | $28.9M |
| 自由现金流率自由现金流/营收 | 37.5% | 3.8% |
| 资本支出强度资本支出/营收 | 0.4% | 0.3% |
| 现金转化率经营现金流/净利润 | 5.21× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $190.5M | — |
8季度趋势，按日历期对齐
经营现金流IPARSCSC
| Q4 25 | $146.5M | $30.8M | ||
| Q3 25 | $63.9M | $23.2M | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | $-7.4M | $66.1M | ||
| Q4 24 | $138.0M | $-6.2M | ||
| Q3 24 | $76.1M | $44.8M | ||
| Q2 24 | $25.5M | — | ||
| Q1 24 | $-52.0M | $160.2M |
自由现金流IPARSCSC
| Q4 25 | $145.0M | $28.9M | ||
| Q3 25 | $57.6M | $20.8M | ||
| Q2 25 | $-3.3M | — | ||
| Q1 25 | $-8.8M | $64.6M | ||
| Q4 24 | $136.1M | $-8.2M | ||
| Q3 24 | $75.4M | $42.5M | ||
| Q2 24 | $24.4M | — | ||
| Q1 24 | $-53.0M | $157.7M |
自由现金流率IPARSCSC
| Q4 25 | 37.5% | 3.8% | ||
| Q3 25 | 13.4% | 2.8% | ||
| Q2 25 | -1.0% | — | ||
| Q1 25 | -2.6% | 9.2% | ||
| Q4 24 | 37.7% | -1.1% | ||
| Q3 24 | 17.8% | 5.5% | ||
| Q2 24 | 7.1% | — | ||
| Q1 24 | -16.4% | 21.0% |
资本支出强度IPARSCSC
| Q4 25 | 0.4% | 0.3% | ||
| Q3 25 | 1.5% | 0.3% | ||
| Q2 25 | 4.5% | 0.3% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 0.2% | 0.3% | ||
| Q2 24 | 0.3% | 0.2% | ||
| Q1 24 | 0.3% | 0.3% |
现金转化率IPARSCSC
| Q4 25 | 5.21× | 1.87× | ||
| Q3 25 | 0.97× | 1.17× | ||
| Q2 25 | 0.37× | — | ||
| Q1 25 | -0.17× | 3.79× | ||
| Q4 24 | 5.69× | -0.36× | ||
| Q3 24 | 1.22× | 2.64× | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | -1.27× | 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
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
