vs
Intuit（INTU）与国际纸业（IP）财务数据对比。点击上方公司名可切换其他公司
国际纸业的季度营收约是Intuit的1.3倍（$6.0B vs $4.7B），Intuit净利率更高（14.9% vs 1.0%，领先13.9%），Intuit同比增速更快（17.0% vs -0.6%），过去两年国际纸业的营收复合增速更高（12.3% vs -16.9%）
Intuit是总部位于美国加利福尼亚州山景城的跨国商业软件企业，专注于财务软件领域，现任首席执行官为萨桑·古达齐。旗下核心产品包括报税软件TurboTax、小微企业会计软件QuickBooks、信用监测及个人理财服务Credit Karma、邮件营销平台Mailchimp，服务覆盖个人及企业财税、营销等多个场景。
国际纸业是总部位于美国田纳西州孟菲斯的纸浆及造纸企业，为全球规模最大的同类型企业，目前拥有约3.9万名员工，产品覆盖纸浆、包装用纸、办公用纸等品类，业务遍及全球多个国家和地区，广泛服务各行业客户的相关需求。
INTU vs IP — 直观对比
营收规模更大
IP
是对方的1.3倍
$4.7B
营收增速更快
INTU
高出17.6%
-0.6%
净利率更高
INTU
高出13.9%
1.0%
两年增速更快
IP
近两年复合增速
-16.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $6.0B |
| 净利润 | $693.0M | $60.0M |
| 毛利率 | 98.0% | — |
| 营业利润率 | 18.4% | — |
| 净利率 | 14.9% | 1.0% |
| 营收同比 | 17.0% | -0.6% |
| 净利润同比 | — | 157.1% |
| 每股收益（稀释后） | $2.48 | $0.14 |
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INTUIP
| Q1 26 | $4.7B | $6.0B | ||
| Q4 25 | $3.9B | $4.7B | ||
| Q3 25 | $3.8B | $6.2B | ||
| Q2 25 | $7.8B | $6.8B | ||
| Q1 25 | $4.0B | $5.9B | ||
| Q4 24 | $3.3B | $4.6B | ||
| Q3 24 | $3.2B | $4.7B | ||
| Q2 24 | $6.7B | $4.7B |
净利润INTUIP
| Q1 26 | $693.0M | $60.0M | ||
| Q4 25 | $446.0M | $-2.4B | ||
| Q3 25 | $381.0M | $-1.1B | ||
| Q2 25 | $2.8B | $75.0M | ||
| Q1 25 | $471.0M | $-105.0M | ||
| Q4 24 | $197.0M | $-147.0M | ||
| Q3 24 | $-20.0M | $150.0M | ||
| Q2 24 | $2.4B | $498.0M |
毛利率INTUIP
| Q1 26 | 98.0% | — | ||
| Q4 25 | — | 32.2% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | — | 27.9% | ||
| Q1 25 | — | 27.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 28.7% | ||
| Q2 24 | — | 29.0% |
营业利润率INTUIP
| Q1 26 | 18.4% | — | ||
| Q4 25 | 13.7% | -56.4% | ||
| Q3 25 | 8.8% | -10.8% | ||
| Q2 25 | 48.0% | 1.7% | ||
| Q1 25 | 15.0% | -2.3% | ||
| Q4 24 | 8.3% | -4.9% | ||
| Q3 24 | -4.7% | 5.1% | ||
| Q2 24 | 46.1% | 6.8% |
净利率INTUIP
| Q1 26 | 14.9% | 1.0% | ||
| Q4 25 | 11.5% | -50.3% | ||
| Q3 25 | 9.9% | -17.7% | ||
| Q2 25 | 36.4% | 1.1% | ||
| Q1 25 | 11.9% | -1.8% | ||
| Q4 24 | 6.0% | -3.2% | ||
| Q3 24 | -0.6% | 3.2% | ||
| Q2 24 | 35.5% | 10.5% |
每股收益（稀释后）INTUIP
| Q1 26 | $2.48 | $0.14 | ||
| Q4 25 | $1.59 | $-4.76 | ||
| Q3 25 | $1.28 | $-2.09 | ||
| Q2 25 | $10.02 | $0.14 | ||
| Q1 25 | $1.67 | $-0.24 | ||
| Q4 24 | $0.70 | $-0.42 | ||
| Q3 24 | $-0.09 | $0.42 | ||
| Q2 24 | $8.42 | $1.41 |
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 | $2.9B | — |
| 总债务越低越好 | $6.2B | $8.2B |
| 股东权益账面价值 | $19.1B | $14.8B |
| 总资产 | $34.3B | $36.4B |
| 负债/权益比越低杠杆越低 | 0.32× | 0.55× |
8季度趋势，按日历期对齐
现金及短期投资INTUIP
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.5B | $1.1B | ||
| Q3 25 | $2.9B | $995.0M | ||
| Q2 25 | $5.4B | $1.1B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.9B | $1.2B | ||
| Q3 24 | $3.6B | $1.2B | ||
| Q2 24 | $4.2B | $1.0B |
总债务INTUIP
| Q1 26 | $6.2B | $8.2B | ||
| Q4 25 | $6.1B | $8.8B | ||
| Q3 25 | $6.0B | $9.0B | ||
| Q2 25 | $6.4B | $9.7B | ||
| Q1 25 | $6.3B | $9.2B | ||
| Q4 24 | $6.1B | $5.4B | ||
| Q3 24 | $6.0B | $5.3B | ||
| Q2 24 | $6.0B | $5.3B |
股东权益INTUIP
| Q1 26 | $19.1B | $14.8B | ||
| Q4 25 | $19.3B | $14.8B | ||
| Q3 25 | $19.7B | $17.3B | ||
| Q2 25 | $20.1B | $18.6B | ||
| Q1 25 | $17.9B | $18.1B | ||
| Q4 24 | $18.1B | $8.2B | ||
| Q3 24 | $18.4B | $8.6B | ||
| Q2 24 | $18.8B | $8.6B |
总资产INTUIP
| Q1 26 | $34.3B | $36.4B | ||
| Q4 25 | $33.2B | $38.0B | ||
| Q3 25 | $37.0B | $40.6B | ||
| Q2 25 | $36.6B | $42.4B | ||
| Q1 25 | $31.7B | $41.2B | ||
| Q4 24 | $33.2B | $22.8B | ||
| Q3 24 | $32.1B | $23.2B | ||
| Q2 24 | $31.6B | $23.1B |
负债/权益比INTUIP
| Q1 26 | 0.32× | 0.55× | ||
| Q4 25 | 0.32× | 0.60× | ||
| Q3 25 | 0.30× | 0.52× | ||
| Q2 25 | 0.32× | 0.52× | ||
| Q1 25 | 0.35× | 0.51× | ||
| Q4 24 | 0.34× | 0.66× | ||
| Q3 24 | 0.33× | 0.62× | ||
| Q2 24 | 0.32× | 0.62× |
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 | $2.2B | — |
| 自由现金流经营现金流 - 资本支出 | — | $94.0M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | — | 8.7% |
| 现金转化率经营现金流/净利润 | 3.18× | — |
| 过去12个月自由现金流最近4个季度 | — | $553.0M |
8季度趋势，按日历期对齐
经营现金流INTUIP
| Q1 26 | $2.2B | — | ||
| Q4 25 | $637.0M | $905.0M | ||
| Q3 25 | $381.0M | $605.0M | ||
| Q2 25 | $4.4B | $476.0M | ||
| Q1 25 | $1.1B | $-288.0M | ||
| Q4 24 | $362.0M | $397.0M | ||
| Q3 24 | $417.0M | $521.0M | ||
| Q2 24 | $4.0B | $365.0M |
自由现金流INTUIP
| Q1 26 | — | $94.0M | ||
| Q4 25 | $599.0M | $255.0M | ||
| Q3 25 | $366.0M | $150.0M | ||
| Q2 25 | $4.4B | $54.0M | ||
| Q1 25 | $1.0B | $-618.0M | ||
| Q4 24 | $329.0M | $137.0M | ||
| Q3 24 | $400.0M | $309.0M | ||
| Q2 24 | $3.9B | $167.0M |
自由现金流率INTUIP
| Q1 26 | — | 1.6% | ||
| Q4 25 | 15.4% | 5.4% | ||
| Q3 25 | 9.6% | 2.4% | ||
| Q2 25 | 56.2% | 0.8% | ||
| Q1 25 | 26.2% | -10.5% | ||
| Q4 24 | 10.0% | 3.0% | ||
| Q3 24 | 12.6% | 6.6% | ||
| Q2 24 | 57.7% | 3.5% |
资本支出强度INTUIP
| Q1 26 | — | 8.7% | ||
| Q4 25 | 1.0% | 13.7% | ||
| Q3 25 | 0.4% | 7.3% | ||
| Q2 25 | 0.5% | 6.2% | ||
| Q1 25 | 0.8% | 5.6% | ||
| Q4 24 | 1.0% | 5.7% | ||
| Q3 24 | 0.5% | 4.5% | ||
| Q2 24 | 0.9% | 4.2% |
现金转化率INTUIP
| Q1 26 | 3.18× | — | ||
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.56× | 6.35× | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | — | 3.47× | ||
| Q2 24 | 1.65× | 0.73× |
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
INTU
| Online Ecosystem | $2.5B | 54% |
| Product and other | $779.0M | 17% |
| Credit Karma | $616.0M | 13% |
| TurboTax | $581.0M | 12% |
| ProTax | $290.0M | 6% |
IP
| Packaging Solutions North America | $3.6B | 61% |
| Packaging Solutions EMEA | $2.3B | 39% |
| Corporate and Inter-segment Sales | $22.0M | 0% |
