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Pure Storage, Inc.（PSTG）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
Pure Storage, Inc.的季度营收约是SCANSOURCE, INC.的1.3倍（$964.5M vs $766.5M），Pure Storage, Inc.净利率更高（5.7% vs 2.2%，领先3.5%），Pure Storage, Inc.同比增速更快（16.0% vs 2.5%），Pure Storage, Inc.自由现金流更多（$52.6M vs $28.9M），过去两年Pure Storage, Inc.的营收复合增速更高（10.5% vs 0.9%）
Pure Storage是美国上市科技企业，总部位于加利福尼亚州圣克拉拉，成立于2009年，2011年正式推出自研全闪存数据存储软硬件产品，2015年上市前累计获得超4.7亿美元风险投资，营收长期保持高速增长态势。
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。
PSTG vs SCSC — 直观对比
营收规模更大
PSTG
是对方的1.3倍
$766.5M
营收增速更快
PSTG
高出13.5%
2.5%
净利率更高
PSTG
高出3.5%
2.2%
自由现金流更多
PSTG
多$23.7M
$28.9M
两年增速更快
PSTG
近两年复合增速
0.9%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $964.5M | $766.5M |
| 净利润 | $54.8M | $16.5M |
| 毛利率 | 72.3% | 13.4% |
| 营业利润率 | 5.6% | 2.3% |
| 净利率 | 5.7% | 2.2% |
| 营收同比 | 16.0% | 2.5% |
| 净利润同比 | -13.9% | -3.3% |
| 每股收益（稀释后） | $0.16 | $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PSTGSCSC
| Q4 25 | $964.5M | $766.5M | ||
| Q3 25 | $861.0M | $739.6M | ||
| Q2 25 | $778.5M | $812.9M | ||
| Q1 25 | $879.8M | $704.8M | ||
| Q4 24 | $831.1M | $747.5M | ||
| Q3 24 | $763.8M | $775.6M | ||
| Q2 24 | $693.5M | $746.1M | ||
| Q1 24 | $789.8M | $752.6M |
净利润PSTGSCSC
| Q4 25 | $54.8M | $16.5M | ||
| Q3 25 | $47.1M | $19.9M | ||
| Q2 25 | $-14.0M | $20.1M | ||
| Q1 25 | $42.4M | $17.4M | ||
| Q4 24 | $63.6M | $17.1M | ||
| Q3 24 | $35.7M | $17.0M | ||
| Q2 24 | $-35.0M | $16.1M | ||
| Q1 24 | $65.4M | $12.8M |
毛利率PSTGSCSC
| Q4 25 | 72.3% | 13.4% | ||
| Q3 25 | 70.2% | 14.5% | ||
| Q2 25 | 68.9% | 12.9% | ||
| Q1 25 | 67.5% | 14.2% | ||
| Q4 24 | 70.1% | 13.6% | ||
| Q3 24 | 70.7% | 13.1% | ||
| Q2 24 | 71.5% | 13.0% | ||
| Q1 24 | 72.0% | 12.6% |
营业利润率PSTGSCSC
| Q4 25 | 5.6% | 2.3% | ||
| Q3 25 | 0.6% | 3.5% | ||
| Q2 25 | -4.0% | 3.3% | ||
| Q1 25 | 4.8% | 3.2% | ||
| Q4 24 | 7.2% | 2.5% | ||
| Q3 24 | 3.3% | 2.3% | ||
| Q2 24 | -6.0% | 2.9% | ||
| Q1 24 | 7.3% | 2.3% |
净利率PSTGSCSC
| Q4 25 | 5.7% | 2.2% | ||
| Q3 25 | 5.5% | 2.7% | ||
| Q2 25 | -1.8% | 2.5% | ||
| Q1 25 | 4.8% | 2.5% | ||
| Q4 24 | 7.7% | 2.3% | ||
| Q3 24 | 4.7% | 2.2% | ||
| Q2 24 | -5.0% | 2.2% | ||
| Q1 24 | 8.3% | 1.7% |
每股收益（稀释后）PSTGSCSC
| Q4 25 | $0.16 | $0.75 | ||
| Q3 25 | $0.14 | $0.89 | ||
| Q2 25 | $-0.04 | $0.87 | ||
| Q1 25 | $0.13 | $0.74 | ||
| Q4 24 | $0.19 | $0.70 | ||
| Q3 24 | $0.10 | $0.69 | ||
| Q2 24 | $-0.11 | $0.66 | ||
| Q1 24 | $0.22 | $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 | $852.8M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $910.9M |
| 总资产 | $4.2B | $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PSTGSCSC
| Q4 25 | $852.8M | $83.5M | ||
| Q3 25 | $887.8M | $124.9M | ||
| Q2 25 | $739.3M | $126.2M | ||
| Q1 25 | $723.6M | $146.3M | ||
| Q4 24 | $894.6M | $110.5M | ||
| Q3 24 | $965.0M | $145.0M | ||
| Q2 24 | $900.6M | $185.5M | ||
| Q1 24 | $702.5M | $159.1M |
股东权益PSTGSCSC
| Q4 25 | $1.4B | $910.9M | ||
| Q3 25 | $1.3B | $914.0M | ||
| Q2 25 | $1.2B | $906.4M | ||
| Q1 25 | $1.3B | $901.7M | ||
| Q4 24 | $1.4B | $900.7M | ||
| Q3 24 | $1.5B | $920.9M | ||
| Q2 24 | $1.4B | $924.3M | ||
| Q1 24 | $1.3B | $944.1M |
总资产PSTGSCSC
| Q4 25 | $4.2B | $1.7B | ||
| Q3 25 | $4.0B | $1.7B | ||
| Q2 25 | $3.8B | $1.8B | ||
| Q1 25 | $4.0B | $1.7B | ||
| Q4 24 | $3.9B | $1.7B | ||
| Q3 24 | $3.8B | $1.8B | ||
| Q2 24 | $3.6B | $1.8B | ||
| Q1 24 | $3.7B | $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 | $116.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $52.6M | $28.9M |
| 自由现金流率自由现金流/营收 | 5.5% | 3.8% |
| 资本支出强度资本支出/营收 | 6.6% | 0.3% |
| 现金转化率经营现金流/净利润 | 2.12× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $566.7M | — |
8季度趋势，按日历期对齐
经营现金流PSTGSCSC
| Q4 25 | $116.0M | $30.8M | ||
| Q3 25 | $212.2M | $23.2M | ||
| Q2 25 | $283.9M | — | ||
| Q1 25 | $208.5M | $66.1M | ||
| Q4 24 | $97.0M | $-6.2M | ||
| Q3 24 | $226.6M | $44.8M | ||
| Q2 24 | $221.5M | — | ||
| Q1 24 | $244.4M | $160.2M |
自由现金流PSTGSCSC
| Q4 25 | $52.6M | $28.9M | ||
| Q3 25 | $150.1M | $20.8M | ||
| Q2 25 | $211.6M | — | ||
| Q1 25 | $152.4M | $64.6M | ||
| Q4 24 | $35.2M | $-8.2M | ||
| Q3 24 | $166.6M | $42.5M | ||
| Q2 24 | $172.7M | — | ||
| Q1 24 | $200.9M | $157.7M |
自由现金流率PSTGSCSC
| Q4 25 | 5.5% | 3.8% | ||
| Q3 25 | 17.4% | 2.8% | ||
| Q2 25 | 27.2% | — | ||
| Q1 25 | 17.3% | 9.2% | ||
| Q4 24 | 4.2% | -1.1% | ||
| Q3 24 | 21.8% | 5.5% | ||
| Q2 24 | 24.9% | — | ||
| Q1 24 | 25.4% | 21.0% |
资本支出强度PSTGSCSC
| Q4 25 | 6.6% | 0.3% | ||
| Q3 25 | 7.2% | 0.3% | ||
| Q2 25 | 9.3% | 0.3% | ||
| Q1 25 | 6.4% | 0.2% | ||
| Q4 24 | 7.4% | 0.3% | ||
| Q3 24 | 7.9% | 0.3% | ||
| Q2 24 | 7.0% | 0.2% | ||
| Q1 24 | 5.5% | 0.3% |
现金转化率PSTGSCSC
| Q4 25 | 2.12× | 1.87× | ||
| Q3 25 | 4.50× | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | 4.91× | 3.79× | ||
| Q4 24 | 1.52× | -0.36× | ||
| Q3 24 | 6.35× | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.74× | 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
PSTG
| US | $683.2M | 71% |
| Non Us | $281.3M | 29% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
