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SCANSOURCE, INC.（SCSC）与优利系统（UIS）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是优利系统的1.3倍（$766.5M vs $574.5M），优利系统净利率更高（3.3% vs 2.2%，领先1.1%），优利系统同比增速更快（5.3% vs 2.5%），优利系统自由现金流更多（$97.3M vs $28.9M），过去两年优利系统的营收复合增速更高（8.5% 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。
Unisys Corporation（优利系统）是一家成立于1986年的科技企业，总部位于美国宾夕法尼亚州蓝铃，主要为客户提供云计算、人工智能、数字化办公场域、物流以及企业计算相关服务，在全球企业级科技服务领域拥有多年行业经验。
SCSC vs UIS — 直观对比
营收规模更大
SCSC
是对方的1.3倍
$574.5M
营收增速更快
UIS
高出2.8%
2.5%
净利率更高
UIS
高出1.1%
2.2%
自由现金流更多
UIS
多$68.4M
$28.9M
两年增速更快
UIS
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $574.5M |
| 净利润 | $16.5M | $18.7M |
| 毛利率 | 13.4% | 33.9% |
| 营业利润率 | 2.3% | 13.3% |
| 净利率 | 2.2% | 3.3% |
| 营收同比 | 2.5% | 5.3% |
| 净利润同比 | -3.3% | -37.7% |
| 每股收益（稀释后） | $0.75 | $0.24 |
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SCSCUIS
| Q4 25 | $766.5M | $574.5M | ||
| Q3 25 | $739.6M | $460.2M | ||
| Q2 25 | $812.9M | $483.3M | ||
| Q1 25 | $704.8M | $432.1M | ||
| Q4 24 | $747.5M | $545.4M | ||
| Q3 24 | $775.6M | $497.0M | ||
| Q2 24 | $746.1M | $478.2M | ||
| Q1 24 | $752.6M | $487.8M |
净利润SCSCUIS
| Q4 25 | $16.5M | $18.7M | ||
| Q3 25 | $19.9M | $-308.9M | ||
| Q2 25 | $20.1M | $-20.1M | ||
| Q1 25 | $17.4M | $-29.5M | ||
| Q4 24 | $17.1M | $30.0M | ||
| Q3 24 | $17.0M | $-61.9M | ||
| Q2 24 | $16.1M | $-12.0M | ||
| Q1 24 | $12.8M | $-149.5M |
毛利率SCSCUIS
| Q4 25 | 13.4% | 33.9% | ||
| Q3 25 | 14.5% | 25.5% | ||
| Q2 25 | 12.9% | 26.9% | ||
| Q1 25 | 14.2% | 24.9% | ||
| Q4 24 | 13.6% | 32.1% | ||
| Q3 24 | 13.1% | 29.2% | ||
| Q2 24 | 13.0% | 27.2% | ||
| Q1 24 | 12.6% | 27.9% |
营业利润率SCSCUIS
| Q4 25 | 2.3% | 13.3% | ||
| Q3 25 | 3.5% | -7.3% | ||
| Q2 25 | 3.3% | 6.3% | ||
| Q1 25 | 3.2% | 1.2% | ||
| Q4 24 | 2.5% | 8.9% | ||
| Q3 24 | 2.3% | 1.5% | ||
| Q2 24 | 2.9% | 4.9% | ||
| Q1 24 | 2.3% | 3.6% |
净利率SCSCUIS
| Q4 25 | 2.2% | 3.3% | ||
| Q3 25 | 2.7% | -67.1% | ||
| Q2 25 | 2.5% | -4.2% | ||
| Q1 25 | 2.5% | -6.8% | ||
| Q4 24 | 2.3% | 5.5% | ||
| Q3 24 | 2.2% | -12.5% | ||
| Q2 24 | 2.2% | -2.5% | ||
| Q1 24 | 1.7% | -30.6% |
每股收益（稀释后）SCSCUIS
| Q4 25 | $0.75 | $0.24 | ||
| Q3 25 | $0.89 | $-4.33 | ||
| Q2 25 | $0.87 | $-0.28 | ||
| Q1 25 | $0.74 | $-0.42 | ||
| Q4 24 | $0.70 | $0.45 | ||
| Q3 24 | $0.69 | $-0.89 | ||
| Q2 24 | $0.66 | $-0.17 | ||
| Q1 24 | $0.50 | $-2.18 |
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 | $413.9M |
| 总债务越低越好 | — | $729.0M |
| 股东权益账面价值 | $910.9M | $-282.6M |
| 总资产 | $1.7B | $1.8B |
| 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SCSCUIS
| Q4 25 | $83.5M | $413.9M | ||
| Q3 25 | $124.9M | $321.9M | ||
| Q2 25 | $126.2M | $300.8M | ||
| Q1 25 | $146.3M | $393.1M | ||
| Q4 24 | $110.5M | $376.5M | ||
| Q3 24 | $145.0M | $373.7M | ||
| Q2 24 | $185.5M | $344.9M | ||
| Q1 24 | $159.1M | $382.8M |
总债务SCSCUIS
| Q4 25 | — | $729.0M | ||
| Q3 25 | — | $723.2M | ||
| Q2 25 | — | $692.7M | ||
| Q1 25 | — | $488.3M | ||
| Q4 24 | — | $488.2M | ||
| Q3 24 | — | $488.5M | ||
| Q2 24 | — | $489.2M | ||
| Q1 24 | — | $488.4M |
股东权益SCSCUIS
| Q4 25 | $910.9M | $-282.6M | ||
| Q3 25 | $914.0M | $-300.2M | ||
| Q2 25 | $906.4M | $-221.5M | ||
| Q1 25 | $901.7M | $-267.8M | ||
| Q4 24 | $900.7M | $-283.4M | ||
| Q3 24 | $920.9M | $-202.2M | ||
| Q2 24 | $924.3M | $-174.1M | ||
| Q1 24 | $944.1M | $-158.6M |
总资产SCSCUIS
| Q4 25 | $1.7B | $1.8B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.7B | $1.8B | ||
| Q4 24 | $1.7B | $1.9B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.8B | $1.9B | ||
| Q1 24 | $1.8B | $1.9B |
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 | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $28.9M | $97.3M |
| 自由现金流率自由现金流/营收 | 3.8% | 16.9% |
| 资本支出强度资本支出/营收 | 0.3% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.87× | 5.61× |
| 过去12个月自由现金流最近4个季度 | — | $-170.0M |
8季度趋势，按日历期对齐
经营现金流SCSCUIS
| Q4 25 | $30.8M | $104.9M | ||
| Q3 25 | $23.2M | $38.0M | ||
| Q2 25 | — | $-316.2M | ||
| Q1 25 | $66.1M | $33.3M | ||
| Q4 24 | $-6.2M | $76.6M | ||
| Q3 24 | $44.8M | $32.0M | ||
| Q2 24 | — | $2.7M | ||
| Q1 24 | $160.2M | $23.8M |
自由现金流SCSCUIS
| Q4 25 | $28.9M | $97.3M | ||
| Q3 25 | $20.8M | $32.4M | ||
| Q2 25 | — | $-324.1M | ||
| Q1 25 | $64.6M | $24.4M | ||
| Q4 24 | $-8.2M | $66.5M | ||
| Q3 24 | $42.5M | $25.2M | ||
| Q2 24 | — | $-6.0M | ||
| Q1 24 | $157.7M | $17.1M |
自由现金流率SCSCUIS
| Q4 25 | 3.8% | 16.9% | ||
| Q3 25 | 2.8% | 7.0% | ||
| Q2 25 | — | -67.1% | ||
| Q1 25 | 9.2% | 5.6% | ||
| Q4 24 | -1.1% | 12.2% | ||
| Q3 24 | 5.5% | 5.1% | ||
| Q2 24 | — | -1.3% | ||
| Q1 24 | 21.0% | 3.5% |
资本支出强度SCSCUIS
| Q4 25 | 0.3% | 1.3% | ||
| Q3 25 | 0.3% | 1.2% | ||
| Q2 25 | 0.3% | 1.6% | ||
| Q1 25 | 0.2% | 2.1% | ||
| Q4 24 | 0.3% | 1.9% | ||
| Q3 24 | 0.3% | 1.4% | ||
| Q2 24 | 0.2% | 1.8% | ||
| Q1 24 | 0.3% | 1.4% |
现金转化率SCSCUIS
| Q4 25 | 1.87× | 5.61× | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.79× | — | ||
| Q4 24 | -0.36× | 2.55× | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 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
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
UIS
暂无分部数据
