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SCANSOURCE, INC.（SCSC）与STEWART INFORMATION SERVICES CORP（STC）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STEWART INFORMATION SERVICES CORP的1.0倍（$766.5M vs $764.6M），STEWART INFORMATION SERVICES CORP净利率更高（2.2% vs 2.2%，领先0.1%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 2.5%），过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% vs 0.9%）
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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
SCSC vs STC — 直观对比
营收规模更大
SCSC
是对方的1.0倍
$764.6M
营收增速更快
STC
高出25.1%
2.5%
净利率更高
STC
高出0.1%
2.2%
两年增速更快
STC
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $764.6M |
| 净利润 | $16.5M | $17.0M |
| 毛利率 | 13.4% | — |
| 营业利润率 | 2.3% | — |
| 净利率 | 2.2% | 2.2% |
| 营收同比 | 2.5% | 27.7% |
| 净利润同比 | -3.3% | 448.4% |
| 每股收益（稀释后） | $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SCSCSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $766.5M | $790.6M | ||
| Q3 25 | $739.6M | $796.9M | ||
| Q2 25 | $812.9M | $722.2M | ||
| Q1 25 | $704.8M | $612.0M | ||
| Q4 24 | $747.5M | $665.9M | ||
| Q3 24 | $775.6M | $667.9M | ||
| Q2 24 | $746.1M | $602.2M |
净利润SCSCSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $16.5M | $36.3M | ||
| Q3 25 | $19.9M | $44.3M | ||
| Q2 25 | $20.1M | $31.9M | ||
| Q1 25 | $17.4M | $3.1M | ||
| Q4 24 | $17.1M | $22.7M | ||
| Q3 24 | $17.0M | $30.1M | ||
| Q2 24 | $16.1M | $17.3M |
毛利率SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | — | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 13.1% | — | ||
| Q2 24 | 13.0% | — |
营业利润率SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 6.5% | ||
| Q3 25 | 3.5% | 7.7% | ||
| Q2 25 | 3.3% | 6.5% | ||
| Q1 25 | 3.2% | 1.0% | ||
| Q4 24 | 2.5% | 5.3% | ||
| Q3 24 | 2.3% | 6.4% | ||
| Q2 24 | 2.9% | 4.8% |
净利率SCSCSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 2.2% | 4.6% | ||
| Q3 25 | 2.7% | 5.6% | ||
| Q2 25 | 2.5% | 4.4% | ||
| Q1 25 | 2.5% | 0.5% | ||
| Q4 24 | 2.3% | 3.4% | ||
| Q3 24 | 2.2% | 4.5% | ||
| Q2 24 | 2.2% | 2.9% |
每股收益（稀释后）SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | $0.75 | $1.26 | ||
| Q3 25 | $0.89 | $1.55 | ||
| Q2 25 | $0.87 | $1.13 | ||
| Q1 25 | $0.74 | $0.11 | ||
| Q4 24 | $0.70 | $0.81 | ||
| Q3 24 | $0.69 | $1.07 | ||
| Q2 24 | $0.66 | $0.62 |
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 | $83.5M | $317.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $910.9M | — |
| 总资产 | $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SCSCSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $83.5M | $369.7M | ||
| Q3 25 | $124.9M | $233.2M | ||
| Q2 25 | $126.2M | $223.8M | ||
| Q1 25 | $146.3M | $194.2M | ||
| Q4 24 | $110.5M | $257.5M | ||
| Q3 24 | $145.0M | $228.7M | ||
| Q2 24 | $185.5M | $176.7M |
总债务SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $445.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | $910.9M | $1.6B | ||
| Q3 25 | $914.0M | $1.5B | ||
| Q2 25 | $906.4M | $1.4B | ||
| Q1 25 | $901.7M | $1.4B | ||
| Q4 24 | $900.7M | $1.4B | ||
| Q3 24 | $920.9M | $1.4B | ||
| Q2 24 | $924.3M | $1.4B |
总资产SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $3.3B | ||
| Q3 25 | $1.7B | $2.8B | ||
| Q2 25 | $1.8B | $2.8B | ||
| Q1 25 | $1.7B | $2.7B | ||
| Q4 24 | $1.7B | $2.7B | ||
| Q3 24 | $1.8B | $2.7B | ||
| Q2 24 | $1.8B | $2.6B |
负债/权益比SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | — | ||
| Q2 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 | $30.8M | — |
| 自由现金流经营现金流 - 资本支出 | $28.9M | — |
| 自由现金流率自由现金流/营收 | 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 | 1.87× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | $30.8M | $89.5M | ||
| Q3 25 | $23.2M | $92.6M | ||
| Q2 25 | — | $53.4M | ||
| Q1 25 | $66.1M | $-29.9M | ||
| Q4 24 | $-6.2M | $68.0M | ||
| Q3 24 | $44.8M | $76.1M | ||
| Q2 24 | — | $21.1M |
自由现金流SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $62.3M | ||
| Q3 25 | $20.8M | $73.6M | ||
| Q2 25 | — | $38.7M | ||
| Q1 25 | $64.6M | $-42.2M | ||
| Q4 24 | $-8.2M | $55.6M | ||
| Q3 24 | $42.5M | $67.4M | ||
| Q2 24 | — | $11.9M |
自由现金流率SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 7.9% | ||
| Q3 25 | 2.8% | 9.2% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | 9.2% | -6.9% | ||
| Q4 24 | -1.1% | 8.4% | ||
| Q3 24 | 5.5% | 10.1% | ||
| Q2 24 | — | 2.0% |
资本支出强度SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 3.4% | ||
| Q3 25 | 0.3% | 2.4% | ||
| Q2 25 | 0.3% | 2.0% | ||
| Q1 25 | 0.2% | 2.0% | ||
| Q4 24 | 0.3% | 1.9% | ||
| Q3 24 | 0.3% | 1.3% | ||
| Q2 24 | 0.2% | 1.5% |
现金转化率SCSCSTC
| Q1 26 | — | — | ||
| Q4 25 | 1.87× | 2.47× | ||
| Q3 25 | 1.17× | 2.09× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | 3.79× | -9.73× | ||
| Q4 24 | -0.36× | 2.99× | ||
| Q3 24 | 2.64× | 2.53× | ||
| Q2 24 | — | 1.22× |
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
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
