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SCANSOURCE, INC.（SCSC）与Trade Desk (The)（TTD）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Trade Desk (The)的1.1倍（$766.5M vs $688.9M），Trade Desk (The)净利率更高（5.8% vs 2.2%，领先3.7%），Trade Desk (The)同比增速更快（11.9% vs 2.5%），过去两年Trade Desk (The)的营收复合增速更高（8.6% 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。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
SCSC vs TTD — 直观对比
营收规模更大
SCSC
是对方的1.1倍
$688.9M
营收增速更快
TTD
高出9.3%
2.5%
净利率更高
TTD
高出3.7%
2.2%
两年增速更快
TTD
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $688.9M |
| 净利润 | $16.5M | $40.0M |
| 毛利率 | 13.4% | — |
| 营业利润率 | 2.3% | 9.7% |
| 净利率 | 2.2% | 5.8% |
| 营收同比 | 2.5% | 11.9% |
| 净利润同比 | -3.3% | -21.6% |
| 每股收益（稀释后） | $0.75 | $0.08 |
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SCSCTTD
| Q1 26 | — | $688.9M | ||
| Q4 25 | $766.5M | $846.8M | ||
| Q3 25 | $739.6M | $739.4M | ||
| Q2 25 | $812.9M | $694.0M | ||
| Q1 25 | $704.8M | $616.0M | ||
| Q4 24 | $747.5M | $741.0M | ||
| Q3 24 | $775.6M | $628.0M | ||
| Q2 24 | $746.1M | $584.5M |
净利润SCSCTTD
| Q1 26 | — | $40.0M | ||
| Q4 25 | $16.5M | $186.9M | ||
| Q3 25 | $19.9M | $115.5M | ||
| Q2 25 | $20.1M | $90.1M | ||
| Q1 25 | $17.4M | $50.7M | ||
| Q4 24 | $17.1M | $182.2M | ||
| Q3 24 | $17.0M | $94.2M | ||
| Q2 24 | $16.1M | $85.0M |
毛利率SCSCTTD
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 80.7% | ||
| Q3 25 | 14.5% | 78.1% | ||
| Q2 25 | 12.9% | 78.2% | ||
| Q1 25 | 14.2% | 76.8% | ||
| Q4 24 | 13.6% | 81.7% | ||
| Q3 24 | 13.1% | 80.5% | ||
| Q2 24 | 13.0% | 81.1% |
营业利润率SCSCTTD
| Q1 26 | — | 9.7% | ||
| Q4 25 | 2.3% | 30.3% | ||
| Q3 25 | 3.5% | 21.8% | ||
| Q2 25 | 3.3% | 16.8% | ||
| Q1 25 | 3.2% | 8.8% | ||
| Q4 24 | 2.5% | 26.4% | ||
| Q3 24 | 2.3% | 17.3% | ||
| Q2 24 | 2.9% | 16.2% |
净利率SCSCTTD
| Q1 26 | — | 5.8% | ||
| Q4 25 | 2.2% | 22.1% | ||
| Q3 25 | 2.7% | 15.6% | ||
| Q2 25 | 2.5% | 13.0% | ||
| Q1 25 | 2.5% | 8.2% | ||
| Q4 24 | 2.3% | 24.6% | ||
| Q3 24 | 2.2% | 15.0% | ||
| Q2 24 | 2.2% | 14.5% |
每股收益（稀释后）SCSCTTD
| Q1 26 | — | $0.08 | ||
| Q4 25 | $0.75 | $0.39 | ||
| Q3 25 | $0.89 | $0.23 | ||
| Q2 25 | $0.87 | $0.18 | ||
| Q1 25 | $0.74 | $0.10 | ||
| Q4 24 | $0.70 | $0.36 | ||
| Q3 24 | $0.69 | $0.19 | ||
| Q2 24 | $0.66 | $0.17 |
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 | $878.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $910.9M | $2.5B |
| 总资产 | $1.7B | $5.7B |
| 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SCSCTTD
| Q1 26 | — | $878.4M | ||
| Q4 25 | $83.5M | $1.3B | ||
| Q3 25 | $124.9M | $1.4B | ||
| Q2 25 | $126.2M | $1.7B | ||
| Q1 25 | $146.3M | $1.7B | ||
| Q4 24 | $110.5M | $1.9B | ||
| Q3 24 | $145.0M | $1.7B | ||
| Q2 24 | $185.5M | $1.5B |
股东权益SCSCTTD
| Q1 26 | — | $2.5B | ||
| Q4 25 | $910.9M | $2.5B | ||
| Q3 25 | $914.0M | $2.6B | ||
| Q2 25 | $906.4M | $2.7B | ||
| Q1 25 | $901.7M | $2.7B | ||
| Q4 24 | $900.7M | $2.9B | ||
| Q3 24 | $920.9M | $2.6B | ||
| Q2 24 | $924.3M | $2.4B |
总资产SCSCTTD
| Q1 26 | — | $5.7B | ||
| Q4 25 | $1.7B | $6.2B | ||
| Q3 25 | $1.7B | $5.9B | ||
| Q2 25 | $1.8B | $6.0B | ||
| Q1 25 | $1.7B | $5.7B | ||
| Q4 24 | $1.7B | $6.1B | ||
| Q3 24 | $1.8B | $5.5B | ||
| Q2 24 | $1.8B | $5.2B |
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 | $391.8M |
| 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× | 9.80× |
| 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SCSCTTD
| Q1 26 | — | $391.8M | ||
| Q4 25 | $30.8M | $311.6M | ||
| Q3 25 | $23.2M | $224.7M | ||
| Q2 25 | — | $165.0M | ||
| Q1 25 | $66.1M | $291.4M | ||
| Q4 24 | $-6.2M | $199.4M | ||
| Q3 24 | $44.8M | $273.3M | ||
| Q2 24 | — | $81.3M |
自由现金流SCSCTTD
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $285.3M | ||
| Q3 25 | $20.8M | $158.3M | ||
| Q2 25 | — | $119.8M | ||
| Q1 25 | $64.6M | $232.3M | ||
| Q4 24 | $-8.2M | $179.2M | ||
| Q3 24 | $42.5M | $224.6M | ||
| Q2 24 | — | $59.1M |
自由现金流率SCSCTTD
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 33.7% | ||
| Q3 25 | 2.8% | 21.4% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | 9.2% | 37.7% | ||
| Q4 24 | -1.1% | 24.2% | ||
| Q3 24 | 5.5% | 35.8% | ||
| Q2 24 | — | 10.1% |
资本支出强度SCSCTTD
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 3.1% | ||
| Q3 25 | 0.3% | 9.0% | ||
| Q2 25 | 0.3% | 6.5% | ||
| Q1 25 | 0.2% | 9.6% | ||
| Q4 24 | 0.3% | 2.7% | ||
| Q3 24 | 0.3% | 7.8% | ||
| Q2 24 | 0.2% | 3.8% |
现金转化率SCSCTTD
| Q1 26 | — | 9.80× | ||
| Q4 25 | 1.87× | 1.67× | ||
| Q3 25 | 1.17× | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | 3.79× | 5.75× | ||
| Q4 24 | -0.36× | 1.09× | ||
| Q3 24 | 2.64× | 2.90× | ||
| Q2 24 | — | 0.96× |
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% |
TTD
暂无分部数据
