vs
Opendoor Technologies Inc.（OPEN）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Opendoor Technologies Inc.的1.0倍（$766.5M vs $736.0M），SCANSOURCE, INC.净利率更高（2.2% vs -148.9%，领先151.1%），SCANSOURCE, INC.同比增速更快（2.5% vs -32.1%），Opendoor Technologies Inc.自由现金流更多（$67.0M vs $28.9M），过去两年SCANSOURCE, INC.的营收复合增速更高（0.9% vs -21.1%）
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
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。
OPEN vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.0倍
$736.0M
营收增速更快
SCSC
高出34.6%
-32.1%
净利率更高
SCSC
高出151.1%
-148.9%
自由现金流更多
OPEN
多$38.1M
$28.9M
两年增速更快
SCSC
近两年复合增速
-21.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $736.0M | $766.5M |
| 净利润 | $-1.1B | $16.5M |
| 毛利率 | 7.7% | 13.4% |
| 营业利润率 | -20.4% | 2.3% |
| 净利率 | -148.9% | 2.2% |
| 营收同比 | -32.1% | 2.5% |
| 净利润同比 | -869.9% | -3.3% |
| 每股收益（稀释后） | $-1.42 | $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OPENSCSC
| Q4 25 | $736.0M | $766.5M | ||
| Q3 25 | $915.0M | $739.6M | ||
| Q2 25 | $1.6B | $812.9M | ||
| Q1 25 | $1.2B | $704.8M | ||
| Q4 24 | $1.1B | $747.5M | ||
| Q3 24 | $1.4B | $775.6M | ||
| Q2 24 | $1.5B | $746.1M | ||
| Q1 24 | $1.2B | $752.6M |
净利润OPENSCSC
| Q4 25 | $-1.1B | $16.5M | ||
| Q3 25 | $-90.0M | $19.9M | ||
| Q2 25 | $-29.0M | $20.1M | ||
| Q1 25 | $-85.0M | $17.4M | ||
| Q4 24 | $-113.0M | $17.1M | ||
| Q3 24 | $-78.0M | $17.0M | ||
| Q2 24 | $-92.0M | $16.1M | ||
| Q1 24 | $-109.0M | $12.8M |
毛利率OPENSCSC
| Q4 25 | 7.7% | 13.4% | ||
| Q3 25 | 7.2% | 14.5% | ||
| Q2 25 | 8.2% | 12.9% | ||
| Q1 25 | 8.6% | 14.2% | ||
| Q4 24 | 7.8% | 13.6% | ||
| Q3 24 | 7.6% | 13.1% | ||
| Q2 24 | 8.5% | 13.0% | ||
| Q1 24 | 9.7% | 12.6% |
营业利润率OPENSCSC
| Q4 25 | -20.4% | 2.3% | ||
| Q3 25 | -7.4% | 3.5% | ||
| Q2 25 | -0.8% | 3.3% | ||
| Q1 25 | -4.9% | 3.2% | ||
| Q4 24 | -8.7% | 2.5% | ||
| Q3 24 | -4.9% | 2.3% | ||
| Q2 24 | -4.8% | 2.9% | ||
| Q1 24 | -7.4% | 2.3% |
净利率OPENSCSC
| Q4 25 | -148.9% | 2.2% | ||
| Q3 25 | -9.8% | 2.7% | ||
| Q2 25 | -1.9% | 2.5% | ||
| Q1 25 | -7.4% | 2.5% | ||
| Q4 24 | -10.4% | 2.3% | ||
| Q3 24 | -5.7% | 2.2% | ||
| Q2 24 | -6.1% | 2.2% | ||
| Q1 24 | -9.2% | 1.7% |
每股收益（稀释后）OPENSCSC
| Q4 25 | $-1.42 | $0.75 | ||
| Q3 25 | $-0.12 | $0.89 | ||
| Q2 25 | $-0.04 | $0.87 | ||
| Q1 25 | $-0.12 | $0.74 | ||
| Q4 24 | $-0.16 | $0.70 | ||
| Q3 24 | $-0.11 | $0.69 | ||
| Q2 24 | $-0.13 | $0.66 | ||
| Q1 24 | $-0.16 | $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 | $962.0M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $910.9M |
| 总资产 | $2.4B | $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OPENSCSC
| Q4 25 | $962.0M | $83.5M | ||
| Q3 25 | $962.0M | $124.9M | ||
| Q2 25 | $789.0M | $126.2M | ||
| Q1 25 | $559.0M | $146.3M | ||
| Q4 24 | $679.0M | $110.5M | ||
| Q3 24 | $837.0M | $145.0M | ||
| Q2 24 | $809.0M | $185.5M | ||
| Q1 24 | $990.0M | $159.1M |
股东权益OPENSCSC
| Q4 25 | $1.0B | $910.9M | ||
| Q3 25 | $811.0M | $914.0M | ||
| Q2 25 | $631.0M | $906.4M | ||
| Q1 25 | $645.0M | $901.7M | ||
| Q4 24 | $713.0M | $900.7M | ||
| Q3 24 | $801.0M | $920.9M | ||
| Q2 24 | $845.0M | $924.3M | ||
| Q1 24 | $899.0M | $944.1M |
总资产OPENSCSC
| Q4 25 | $2.4B | $1.7B | ||
| Q3 25 | $2.7B | $1.7B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $3.4B | $1.8B | ||
| Q2 24 | $3.4B | $1.8B | ||
| Q1 24 | $3.4B | $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 | $70.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $67.0M | $28.9M |
| 自由现金流率自由现金流/营收 | 9.1% | 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 | — | 1.87× |
| 过去12个月自由现金流最近4个季度 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流OPENSCSC
| Q4 25 | $70.0M | $30.8M | ||
| Q3 25 | $435.0M | $23.2M | ||
| Q2 25 | $823.0M | — | ||
| Q1 25 | $-279.0M | $66.1M | ||
| Q4 24 | $-80.0M | $-6.2M | ||
| Q3 24 | $62.0M | $44.8M | ||
| Q2 24 | $-399.0M | — | ||
| Q1 24 | $-178.0M | $160.2M |
自由现金流OPENSCSC
| Q4 25 | $67.0M | $28.9M | ||
| Q3 25 | $432.0M | $20.8M | ||
| Q2 25 | $821.0M | — | ||
| Q1 25 | $-283.0M | $64.6M | ||
| Q4 24 | $-83.0M | $-8.2M | ||
| Q3 24 | $56.0M | $42.5M | ||
| Q2 24 | $-407.0M | — | ||
| Q1 24 | $-186.0M | $157.7M |
自由现金流率OPENSCSC
| Q4 25 | 9.1% | 3.8% | ||
| Q3 25 | 47.2% | 2.8% | ||
| Q2 25 | 52.4% | — | ||
| Q1 25 | -24.5% | 9.2% | ||
| Q4 24 | -7.7% | -1.1% | ||
| Q3 24 | 4.1% | 5.5% | ||
| Q2 24 | -26.9% | — | ||
| Q1 24 | -15.7% | 21.0% |
资本支出强度OPENSCSC
| Q4 25 | 0.4% | 0.3% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.1% | 0.3% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.3% | 0.3% | ||
| Q3 24 | 0.4% | 0.3% | ||
| Q2 24 | 0.5% | 0.2% | ||
| Q1 24 | 0.7% | 0.3% |
现金转化率OPENSCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 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
OPEN
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
