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SCANSOURCE, INC.（SCSC）与森馨科技（SXT）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是森馨科技的1.8倍（$766.5M vs $435.8M），森馨科技净利率更高（10.1% vs 2.2%，领先8.0%），森馨科技同比增速更快（11.1% vs 2.5%），过去两年森馨科技的营收复合增速更高（3.9% 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。
森馨科技是总部位于美国威斯康星州密尔沃基的全球化色素、香精香料生产商及销售商，产品广泛应用于食品饮料、医药、化妆品、家居个护、特种印刷成像、计算机成像及工业着色等多个领域，旗下设有香精香料事业部与色素事业部两大核心业务板块。
SCSC vs SXT — 直观对比
营收规模更大
SCSC
是对方的1.8倍
$435.8M
营收增速更快
SXT
高出8.5%
2.5%
净利率更高
SXT
高出8.0%
2.2%
两年增速更快
SXT
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $435.8M |
| 净利润 | $16.5M | $44.2M |
| 毛利率 | 13.4% | — |
| 营业利润率 | 2.3% | 15.3% |
| 净利率 | 2.2% | 10.1% |
| 营收同比 | 2.5% | 11.1% |
| 净利润同比 | -3.3% | 28.2% |
| 每股收益（稀释后） | $0.75 | $1.04 |
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SCSCSXT
| Q1 26 | — | $435.8M | ||
| Q4 25 | $766.5M | $393.4M | ||
| Q3 25 | $739.6M | $412.1M | ||
| Q2 25 | $812.9M | $414.2M | ||
| Q1 25 | $704.8M | $392.3M | ||
| Q4 24 | $747.5M | $376.4M | ||
| Q3 24 | $775.6M | $392.6M | ||
| Q2 24 | $746.1M | $403.5M |
净利润SCSCSXT
| Q1 26 | — | $44.2M | ||
| Q4 25 | $16.5M | $25.5M | ||
| Q3 25 | $19.9M | $37.0M | ||
| Q2 25 | $20.1M | $37.6M | ||
| Q1 25 | $17.4M | $34.5M | ||
| Q4 24 | $17.1M | $30.1M | ||
| Q3 24 | $17.0M | $32.7M | ||
| Q2 24 | $16.1M | $30.9M |
毛利率SCSCSXT
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 31.4% | ||
| Q3 25 | 14.5% | 34.3% | ||
| Q2 25 | 12.9% | 34.5% | ||
| Q1 25 | 14.2% | 33.6% | ||
| Q4 24 | 13.6% | 31.7% | ||
| Q3 24 | 13.1% | 33.2% | ||
| Q2 24 | 13.0% | 32.4% |
营业利润率SCSCSXT
| Q1 26 | — | 15.3% | ||
| Q4 25 | 2.3% | 9.7% | ||
| Q3 25 | 3.5% | 14.0% | ||
| Q2 25 | 3.3% | 13.9% | ||
| Q1 25 | 3.2% | 13.6% | ||
| Q4 24 | 2.5% | 11.2% | ||
| Q3 24 | 2.3% | 12.9% | ||
| Q2 24 | 2.9% | 12.3% |
净利率SCSCSXT
| Q1 26 | — | 10.1% | ||
| Q4 25 | 2.2% | 6.5% | ||
| Q3 25 | 2.7% | 9.0% | ||
| Q2 25 | 2.5% | 9.1% | ||
| Q1 25 | 2.5% | 8.8% | ||
| Q4 24 | 2.3% | 8.0% | ||
| Q3 24 | 2.2% | 8.3% | ||
| Q2 24 | 2.2% | 7.7% |
每股收益（稀释后）SCSCSXT
| Q1 26 | — | $1.04 | ||
| Q4 25 | $0.75 | $0.60 | ||
| Q3 25 | $0.89 | $0.87 | ||
| Q2 25 | $0.87 | $0.88 | ||
| Q1 25 | $0.74 | $0.81 | ||
| Q4 24 | $0.70 | $0.71 | ||
| Q3 24 | $0.69 | $0.77 | ||
| Q2 24 | $0.66 | $0.73 |
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 | $38.5M |
| 总债务越低越好 | — | $767.8M |
| 股东权益账面价值 | $910.9M | $1.2B |
| 总资产 | $1.7B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资SCSCSXT
| Q1 26 | — | $38.5M | ||
| Q4 25 | $83.5M | $36.5M | ||
| Q3 25 | $124.9M | $42.7M | ||
| Q2 25 | $126.2M | $56.7M | ||
| Q1 25 | $146.3M | $32.6M | ||
| Q4 24 | $110.5M | $26.6M | ||
| Q3 24 | $145.0M | $37.0M | ||
| Q2 24 | $185.5M | $30.3M |
总债务SCSCSXT
| Q1 26 | — | $767.8M | ||
| Q4 25 | — | $709.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $613.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益SCSCSXT
| Q1 26 | — | $1.2B | ||
| Q4 25 | $910.9M | $1.2B | ||
| Q3 25 | $914.0M | $1.2B | ||
| Q2 25 | $906.4M | $1.2B | ||
| Q1 25 | $901.7M | $1.1B | ||
| Q4 24 | $900.7M | $1.1B | ||
| Q3 24 | $920.9M | $1.1B | ||
| Q2 24 | $924.3M | $1.1B |
总资产SCSCSXT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.7B | $2.2B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $1.7B | $2.1B | ||
| Q4 24 | $1.7B | $2.0B | ||
| Q3 24 | $1.8B | $2.0B | ||
| Q2 24 | $1.8B | $2.0B |
负债/权益比SCSCSXT
| Q1 26 | — | 0.63× | ||
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| 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SCSCSXT
| Q1 26 | — | — | ||
| Q4 25 | $30.8M | $44.6M | ||
| Q3 25 | $23.2M | $44.0M | ||
| Q2 25 | — | $48.3M | ||
| Q1 25 | $66.1M | $-9.0M | ||
| Q4 24 | $-6.2M | $21.4M | ||
| Q3 24 | $44.8M | $76.8M | ||
| Q2 24 | — | $43.8M |
自由现金流SCSCSXT
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $12.9M | ||
| Q3 25 | $20.8M | $24.2M | ||
| Q2 25 | — | $27.1M | ||
| Q1 25 | $64.6M | $-25.8M | ||
| Q4 24 | $-8.2M | $-1.7M | ||
| Q3 24 | $42.5M | $63.6M | ||
| Q2 24 | — | $32.0M |
自由现金流率SCSCSXT
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 3.3% | ||
| Q3 25 | 2.8% | 5.9% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | 9.2% | -6.6% | ||
| Q4 24 | -1.1% | -0.5% | ||
| Q3 24 | 5.5% | 16.2% | ||
| Q2 24 | — | 7.9% |
资本支出强度SCSCSXT
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 8.0% | ||
| Q3 25 | 0.3% | 4.8% | ||
| Q2 25 | 0.3% | 5.1% | ||
| Q1 25 | 0.2% | 4.3% | ||
| Q4 24 | 0.3% | 6.1% | ||
| Q3 24 | 0.3% | 3.4% | ||
| Q2 24 | 0.2% | 2.9% |
现金转化率SCSCSXT
| Q1 26 | — | — | ||
| Q4 25 | 1.87× | 1.75× | ||
| Q3 25 | 1.17× | 1.19× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | 3.79× | -0.26× | ||
| Q4 24 | -0.36× | 0.71× | ||
| Q3 24 | 2.64× | 2.35× | ||
| Q2 24 | — | 1.42× |
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% |
SXT
暂无分部数据
