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Intuit（INTU）与网易（NTES）财务数据对比。点击上方公司名可切换其他公司
网易的季度营收约是Intuit的1.0倍（$4.0B vs $3.9B）。网易净利率更高（31.0% vs 11.5%，领先19.5%）。网易自由现金流更多（$1.8B vs $599.0M）。过去两年网易的营收复合增速更高（9.7% vs 7.1%）
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。
网易由丁磊于1997年6月创立，是全球规模领先的互联网与网络游戏企业之一。公司核心业务涵盖PC及移动端网络游戏的研发与发行，同时布局广告服务、电子邮箱服务及电商平台等多元业务板块。
INTU vs NTES — 直观对比
营收规模更大
NTES
是对方的1.0倍
$3.9B
净利率更高
NTES
高出19.5%
11.5%
自由现金流更多
NTES
多$1.2B
$599.0M
两年增速更快
NTES
近两年复合增速
7.1%
损益表 — Q1 2026 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $4.0B |
| 净利润 | $446.0M | $1.2B |
| 毛利率 | — | 64.1% |
| 营业利润率 | 13.7% | 28.3% |
| 净利率 | 11.5% | 31.0% |
| 营收同比 | 18.3% | — |
| 净利润同比 | 126.4% | — |
| 每股收益（稀释后） | $1.59 | — |
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INTUNTES
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.8B | $4.0B | ||
| Q2 25 | $7.8B | $3.9B | ||
| Q1 25 | $4.0B | $4.0B | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.2B | $3.7B | ||
| Q2 24 | $6.7B | $3.5B | ||
| Q1 24 | $3.4B | $3.7B |
净利润INTUNTES
| Q4 25 | $446.0M | — | ||
| Q3 25 | $381.0M | $1.2B | ||
| Q2 25 | $2.8B | $1.3B | ||
| Q1 25 | $471.0M | $1.5B | ||
| Q4 24 | $197.0M | — | ||
| Q3 24 | $-20.0M | $955.7M | ||
| Q2 24 | $2.4B | $939.6M | ||
| Q1 24 | $353.0M | $1.1B |
毛利率INTUNTES
| Q4 25 | — | — | ||
| Q3 25 | — | 64.1% | ||
| Q2 25 | — | 64.7% | ||
| Q1 25 | — | 64.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 62.9% | ||
| Q2 24 | — | 62.9% | ||
| Q1 24 | — | 63.4% |
营业利润率INTUNTES
| Q4 25 | 13.7% | — | ||
| Q3 25 | 8.8% | 28.3% | ||
| Q2 25 | 48.0% | 32.5% | ||
| Q1 25 | 15.0% | 36.2% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | -4.7% | 27.3% | ||
| Q2 24 | 46.1% | 27.4% | ||
| Q1 24 | 10.9% | 28.4% |
净利率INTUNTES
| Q4 25 | 11.5% | — | ||
| Q3 25 | 9.9% | 31.0% | ||
| Q2 25 | 36.4% | 32.6% | ||
| Q1 25 | 11.9% | 36.6% | ||
| Q4 24 | 6.0% | — | ||
| Q3 24 | -0.6% | 25.6% | ||
| Q2 24 | 35.5% | 26.8% | ||
| Q1 24 | 10.4% | 29.1% |
每股收益（稀释后）INTUNTES
| Q4 25 | $1.59 | — | ||
| Q3 25 | $1.28 | — | ||
| Q2 25 | $10.02 | — | ||
| Q1 25 | $1.67 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $-0.09 | — | ||
| Q2 24 | $8.42 | — | ||
| Q1 24 | $1.25 | — |
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 | $3.5B | $31.3B |
| 总债务越低越好 | $6.1B | — |
| 股东权益账面价值 | $19.3B | $160.8B |
| 总资产 | $33.2B | $214.5B |
| 负债/权益比越低杠杆越低 | 0.32× | — |
8季度趋势，按日历期对齐
现金及短期投资INTUNTES
| Q4 25 | $3.5B | — | ||
| Q3 25 | $2.9B | $31.3B | ||
| Q2 25 | $5.4B | $54.4B | ||
| Q1 25 | $2.4B | $41.7B | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.6B | $20.2B | ||
| Q2 24 | $4.2B | $19.0B | ||
| Q1 24 | $1.5B | $43.0B |
总债务INTUNTES
| Q4 25 | $6.1B | — | ||
| Q3 25 | $6.0B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.3B | — | ||
| Q4 24 | $6.1B | — | ||
| Q3 24 | $6.0B | — | ||
| Q2 24 | $6.0B | — | ||
| Q1 24 | $6.0B | — |
股东权益INTUNTES
| Q4 25 | $19.3B | — | ||
| Q3 25 | $19.7B | $160.8B | ||
| Q2 25 | $20.1B | $154.0B | ||
| Q1 25 | $17.9B | $147.8B | ||
| Q4 24 | $18.1B | — | ||
| Q3 24 | $18.4B | $135.6B | ||
| Q2 24 | $18.8B | $134.2B | ||
| Q1 24 | $16.9B | $130.5B |
总资产INTUNTES
| Q4 25 | $33.2B | — | ||
| Q3 25 | $37.0B | $214.5B | ||
| Q2 25 | $36.6B | $208.5B | ||
| Q1 25 | $31.7B | $200.9B | ||
| Q4 24 | $33.2B | — | ||
| Q3 24 | $32.1B | $184.9B | ||
| Q2 24 | $31.6B | $183.3B | ||
| Q1 24 | $29.7B | $195.1B |
负债/权益比INTUNTES
| Q4 25 | 0.32× | — | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 0.32× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.32× | — | ||
| Q1 24 | 0.35× | — |
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 | $637.0M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $599.0M | $1.8B |
| 自由现金流率自由现金流/营收 | 15.4% | 44.7% |
| 资本支出强度资本支出/营收 | 1.0% | 1.0% |
| 现金转化率经营现金流/净利润 | 1.43× | 1.47× |
| 过去12个月自由现金流最近4个季度 | $6.4B | $6.3B |
8季度趋势，按日历期对齐
经营现金流INTUNTES
| Q4 25 | $637.0M | — | ||
| Q3 25 | $381.0M | $1.8B | ||
| Q2 25 | $4.4B | $1.5B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $362.0M | — | ||
| Q3 24 | $417.0M | $1.5B | ||
| Q2 24 | $4.0B | $898.8M | ||
| Q1 24 | $613.0M | $1.3B |
自由现金流INTUNTES
| Q4 25 | $599.0M | — | ||
| Q3 25 | $366.0M | $1.8B | ||
| Q2 25 | $4.4B | $1.5B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $329.0M | — | ||
| Q3 24 | $400.0M | $1.5B | ||
| Q2 24 | $3.9B | $875.6M | ||
| Q1 24 | $550.0M | $1.3B |
自由现金流率INTUNTES
| Q4 25 | 15.4% | — | ||
| Q3 25 | 9.6% | 44.7% | ||
| Q2 25 | 56.2% | 38.3% | ||
| Q1 25 | 26.2% | 40.4% | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 12.6% | 38.9% | ||
| Q2 24 | 57.7% | 25.0% | ||
| Q1 24 | 16.2% | 34.0% |
资本支出强度INTUNTES
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.4% | 1.0% | ||
| Q2 25 | 0.5% | 0.7% | ||
| Q1 25 | 0.8% | 1.6% | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 0.5% | 1.4% | ||
| Q2 24 | 0.9% | 0.7% | ||
| Q1 24 | 1.9% | 1.5% |
现金转化率INTUNTES
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.00× | 1.47× | ||
| Q2 25 | 1.56× | 1.20× | ||
| Q1 25 | 2.27× | 1.15× | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | — | 1.58× | ||
| Q2 24 | 1.65× | 0.96× | ||
| Q1 24 | 1.74× | 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
INTU
| Quick Books Online Accounting | $1.2B | 32% |
| Product And Other | $779.0M | 20% |
| Credit Karma | $616.0M | 16% |
| Turbo Tax | $581.0M | 15% |
| Quick Books Desktop Accounting | $408.0M | 11% |
| Pro Tax | $290.0M | 7% |
NTES
| Games and related value-added services | $3.3B | 82% |
| NetEase Cloud Music | $275.9M | 7% |
| Youdao | $228.8M | 6% |
| Innovative businesses and others | $202.1M | 5% |
