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OSI SYSTEMS INC（OSIS）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OSI SYSTEMS INC的1.7倍（$766.5M vs $464.1M），OSI SYSTEMS INC净利率更高（8.3% vs 2.2%，领先6.2%），OSI SYSTEMS INC同比增速更快（10.5% vs 2.5%），OSI SYSTEMS INC自由现金流更多（$55.5M vs $28.9M），过去两年OSI SYSTEMS INC的营收复合增速更高（7.0% vs 0.9%）
OSI系统公司是总部位于美国加利福尼亚州的企业，主营安全检测系统、医疗设备及光电器件三大业务板块，产品涵盖机场安检X光机、金属探测器、医疗监护与麻醉系统等，旗下拥有Spacelabs Healthcare、Rapiscan Systems、OSI Optoelectronics等子公司，全球员工规模约3180人。
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。
OSIS vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.7倍
$464.1M
营收增速更快
OSIS
高出8.0%
2.5%
净利率更高
OSIS
高出6.2%
2.2%
自由现金流更多
OSIS
多$26.6M
$28.9M
两年增速更快
OSIS
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $464.1M | $766.5M |
| 净利润 | $38.7M | $16.5M |
| 毛利率 | 32.7% | 13.4% |
| 营业利润率 | 12.7% | 2.3% |
| 净利率 | 8.3% | 2.2% |
| 营收同比 | 10.5% | 2.5% |
| 净利润同比 | 2.3% | -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OSISSCSC
| Q4 25 | $464.1M | $766.5M | ||
| Q3 25 | $384.6M | $739.6M | ||
| Q2 25 | $505.0M | $812.9M | ||
| Q1 25 | $444.4M | $704.8M | ||
| Q4 24 | $419.8M | $747.5M | ||
| Q3 24 | $344.0M | $775.6M | ||
| Q2 24 | $480.9M | $746.1M | ||
| Q1 24 | $405.4M | $752.6M |
净利润OSISSCSC
| Q4 25 | $38.7M | $16.5M | ||
| Q3 25 | $20.6M | $19.9M | ||
| Q2 25 | $52.7M | $20.1M | ||
| Q1 25 | $41.1M | $17.4M | ||
| Q4 24 | $37.8M | $17.1M | ||
| Q3 24 | $17.9M | $17.0M | ||
| Q2 24 | $44.7M | $16.1M | ||
| Q1 24 | $34.0M | $12.8M |
毛利率OSISSCSC
| Q4 25 | 32.7% | 13.4% | ||
| Q3 25 | 32.0% | 14.5% | ||
| Q2 25 | 33.3% | 12.9% | ||
| Q1 25 | 33.8% | 14.2% | ||
| Q4 24 | 35.1% | 13.6% | ||
| Q3 24 | 35.3% | 13.1% | ||
| Q2 24 | 32.1% | 13.0% | ||
| Q1 24 | 33.6% | 12.6% |
营业利润率OSISSCSC
| Q4 25 | 12.7% | 2.3% | ||
| Q3 25 | 8.6% | 3.5% | ||
| Q2 25 | 14.5% | 3.3% | ||
| Q1 25 | 12.7% | 3.2% | ||
| Q4 24 | 13.8% | 2.5% | ||
| Q3 24 | 8.8% | 2.3% | ||
| Q2 24 | 13.1% | 2.9% | ||
| Q1 24 | 12.7% | 2.3% |
净利率OSISSCSC
| Q4 25 | 8.3% | 2.2% | ||
| Q3 25 | 5.3% | 2.7% | ||
| Q2 25 | 10.4% | 2.5% | ||
| Q1 25 | 9.3% | 2.5% | ||
| Q4 24 | 9.0% | 2.3% | ||
| Q3 24 | 5.2% | 2.2% | ||
| Q2 24 | 9.3% | 2.2% | ||
| Q1 24 | 8.4% | 1.7% |
每股收益（稀释后）OSISSCSC
| Q4 25 | $2.22 | $0.75 | ||
| Q3 25 | $1.18 | $0.89 | ||
| Q2 25 | $3.04 | $0.87 | ||
| Q1 25 | $2.40 | $0.74 | ||
| Q4 24 | $2.22 | $0.70 | ||
| Q3 24 | $1.05 | $0.69 | ||
| Q2 24 | $2.57 | $0.66 | ||
| Q1 24 | $1.95 | $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 | $336.7M | $83.5M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $845.5M | $910.9M |
| 总资产 | $2.5B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资OSISSCSC
| Q4 25 | $336.7M | $83.5M | ||
| Q3 25 | $124.4M | $124.9M | ||
| Q2 25 | $106.4M | $126.2M | ||
| Q1 25 | $95.8M | $146.3M | ||
| Q4 24 | $101.6M | $110.5M | ||
| Q3 24 | $85.1M | $145.0M | ||
| Q2 24 | $95.4M | $185.5M | ||
| Q1 24 | $101.4M | $159.1M |
总债务OSISSCSC
| Q4 25 | $1.0B | — | ||
| Q3 25 | $442.2M | — | ||
| Q2 25 | $471.6M | — | ||
| Q1 25 | $473.2M | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | $476.3M | — | ||
| Q2 24 | $137.6M | — | ||
| Q1 24 | — | — |
股东权益OSISSCSC
| Q4 25 | $845.5M | $910.9M | ||
| Q3 25 | $946.0M | $914.0M | ||
| Q2 25 | $951.1M | $906.4M | ||
| Q1 25 | $879.3M | $901.7M | ||
| Q4 24 | $825.8M | $900.7M | ||
| Q3 24 | $786.5M | $920.9M | ||
| Q2 24 | $863.5M | $924.3M | ||
| Q1 24 | $813.4M | $944.1M |
总资产OSISSCSC
| Q4 25 | $2.5B | $1.7B | ||
| Q3 25 | $2.3B | $1.7B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $1.9B | $1.8B | ||
| Q1 24 | $1.8B | $1.8B |
负债/权益比OSISSCSC
| Q4 25 | 1.19× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.54× | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.16× | — | ||
| 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 | $62.2M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $55.5M | $28.9M |
| 自由现金流率自由现金流/营收 | 12.0% | 3.8% |
| 资本支出强度资本支出/营收 | 1.4% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.61× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $137.2M | — |
8季度趋势，按日历期对齐
经营现金流OSISSCSC
| Q4 25 | $62.2M | $30.8M | ||
| Q3 25 | $17.1M | $23.2M | ||
| Q2 25 | $562.0K | — | ||
| Q1 25 | $81.6M | $66.1M | ||
| Q4 24 | $52.5M | $-6.2M | ||
| Q3 24 | $-37.2M | $44.8M | ||
| Q2 24 | $-29.0M | — | ||
| Q1 24 | $-52.1M | $160.2M |
自由现金流OSISSCSC
| Q4 25 | $55.5M | $28.9M | ||
| Q3 25 | $10.1M | $20.8M | ||
| Q2 25 | $-5.6M | — | ||
| Q1 25 | $77.1M | $64.6M | ||
| Q4 24 | $47.1M | $-8.2M | ||
| Q3 24 | $-44.9M | $42.5M | ||
| Q2 24 | $-37.5M | — | ||
| Q1 24 | $-57.0M | $157.7M |
自由现金流率OSISSCSC
| Q4 25 | 12.0% | 3.8% | ||
| Q3 25 | 2.6% | 2.8% | ||
| Q2 25 | -1.1% | — | ||
| Q1 25 | 17.4% | 9.2% | ||
| Q4 24 | 11.2% | -1.1% | ||
| Q3 24 | -13.0% | 5.5% | ||
| Q2 24 | -7.8% | — | ||
| Q1 24 | -14.1% | 21.0% |
资本支出强度OSISSCSC
| Q4 25 | 1.4% | 0.3% | ||
| Q3 25 | 1.8% | 0.3% | ||
| Q2 25 | 1.2% | 0.3% | ||
| Q1 25 | 1.0% | 0.2% | ||
| Q4 24 | 1.3% | 0.3% | ||
| Q3 24 | 2.2% | 0.3% | ||
| Q2 24 | 1.8% | 0.2% | ||
| Q1 24 | 1.2% | 0.3% |
现金转化率OSISSCSC
| Q4 25 | 1.61× | 1.87× | ||
| Q3 25 | 0.83× | 1.17× | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 1.98× | 3.79× | ||
| Q4 24 | 1.39× | -0.36× | ||
| Q3 24 | -2.07× | 2.64× | ||
| Q2 24 | -0.65× | — | ||
| Q1 24 | -1.53× | 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
OSIS
| Security Division | $334.7M | 72% |
| Optoelectronics And Manufacturing Division | $92.8M | 20% |
| Healthcare Division | $36.5M | 8% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
