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Intuit（INTU）与派拓网络（PANW）财务数据对比。点击上方公司名可切换其他公司
Intuit的季度营收约是派拓网络的1.5倍（$3.9B vs $2.6B），派拓网络净利率更高（16.7% vs 11.5%，领先5.2%），Intuit同比增速更快（18.3% vs 14.9%），Intuit自由现金流更多（$599.0M vs $384.0M），过去两年派拓网络的营收复合增速更高（14.3% 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。
派拓网络（Palo Alto Networks）是总部位于美国加利福尼亚州圣克拉拉的跨国网络安全企业，核心产品包括高级防火墙及拓展其防护能力的云原生安全服务，为全球150多个国家的超7万家机构、含85家财富100强企业提供服务，旗下拥有知名威胁研究团队Unit 42，还举办Ignite网络安全行业峰会。
INTU vs PANW — 直观对比
营收规模更大
INTU
是对方的1.5倍
$2.6B
营收增速更快
INTU
高出3.4%
14.9%
净利率更高
PANW
高出5.2%
11.5%
自由现金流更多
INTU
多$215.0M
$384.0M
两年增速更快
PANW
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.6B |
| 净利润 | $446.0M | $432.0M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 13.7% | 15.3% |
| 净利率 | 11.5% | 16.7% |
| 营收同比 | 18.3% | 14.9% |
| 净利润同比 | 126.4% | 61.6% |
| 每股收益（稀释后） | $1.59 | $0.61 |
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INTUPANW
| Q1 26 | — | $2.6B | ||
| Q4 25 | $3.9B | $2.5B | ||
| Q3 25 | $3.8B | $2.5B | ||
| Q2 25 | $7.8B | $2.3B | ||
| Q1 25 | $4.0B | $2.3B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.2B | $2.2B | ||
| Q2 24 | $6.7B | $2.0B |
净利润INTUPANW
| Q1 26 | — | $432.0M | ||
| Q4 25 | $446.0M | $334.0M | ||
| Q3 25 | $381.0M | $253.8M | ||
| Q2 25 | $2.8B | $262.1M | ||
| Q1 25 | $471.0M | $267.3M | ||
| Q4 24 | $197.0M | $350.7M | ||
| Q3 24 | $-20.0M | $357.7M | ||
| Q2 24 | $2.4B | $278.8M |
毛利率INTUPANW
| Q1 26 | — | 73.6% | ||
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 73.2% | ||
| Q2 25 | — | 72.9% | ||
| Q1 25 | — | 73.5% | ||
| Q4 24 | — | 74.1% | ||
| Q3 24 | — | 73.8% | ||
| Q2 24 | — | 74.1% |
营业利润率INTUPANW
| Q1 26 | — | 15.3% | ||
| Q4 25 | 13.7% | 12.5% | ||
| Q3 25 | 8.8% | 19.6% | ||
| Q2 25 | 48.0% | 9.6% | ||
| Q1 25 | 15.0% | 10.6% | ||
| Q4 24 | 8.3% | 13.4% | ||
| Q3 24 | -4.7% | 10.9% | ||
| Q2 24 | 46.1% | 8.9% |
净利率INTUPANW
| Q1 26 | — | 16.7% | ||
| Q4 25 | 11.5% | 13.5% | ||
| Q3 25 | 9.9% | 10.0% | ||
| Q2 25 | 36.4% | 11.5% | ||
| Q1 25 | 11.9% | 11.8% | ||
| Q4 24 | 6.0% | 16.4% | ||
| Q3 24 | -0.6% | 16.3% | ||
| Q2 24 | 35.5% | 14.0% |
每股收益（稀释后）INTUPANW
| Q1 26 | — | $0.61 | ||
| Q4 25 | $1.59 | $0.47 | ||
| Q3 25 | $1.28 | $-0.14 | ||
| Q2 25 | $10.02 | $0.37 | ||
| Q1 25 | $1.67 | $0.38 | ||
| Q4 24 | $0.70 | $0.99 | ||
| Q3 24 | $-0.09 | $1.04 | ||
| Q2 24 | $8.42 | $0.79 |
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 | $4.5B |
| 总债务越低越好 | $6.1B | — |
| 股东权益账面价值 | $19.3B | $9.4B |
| 总资产 | $33.2B | $25.0B |
| 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INTUPANW
| Q1 26 | — | $4.5B | ||
| Q4 25 | $3.5B | $4.2B | ||
| Q3 25 | $2.9B | $2.9B | ||
| Q2 25 | $5.4B | $3.3B | ||
| Q1 25 | $2.4B | $3.2B | ||
| Q4 24 | $2.9B | $3.4B | ||
| Q3 24 | $3.6B | $2.6B | ||
| Q2 24 | $4.2B | $2.9B |
总债务INTUPANW
| Q1 26 | — | — | ||
| 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 | — |
股东权益INTUPANW
| Q1 26 | — | $9.4B | ||
| Q4 25 | $19.3B | $8.7B | ||
| Q3 25 | $19.7B | $7.8B | ||
| Q2 25 | $20.1B | $7.2B | ||
| Q1 25 | $17.9B | $6.4B | ||
| Q4 24 | $18.1B | $5.9B | ||
| Q3 24 | $18.4B | $5.2B | ||
| Q2 24 | $18.8B | $4.5B |
总资产INTUPANW
| Q1 26 | — | $25.0B | ||
| Q4 25 | $33.2B | $23.5B | ||
| Q3 25 | $37.0B | $23.6B | ||
| Q2 25 | $36.6B | $22.0B | ||
| Q1 25 | $31.7B | $21.0B | ||
| Q4 24 | $33.2B | $20.4B | ||
| Q3 24 | $32.1B | $20.0B | ||
| Q2 24 | $31.6B | $17.9B |
负债/权益比INTUPANW
| Q1 26 | — | — | ||
| 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× | — |
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 | $554.0M |
| 自由现金流经营现金流 - 资本支出 | $599.0M | $384.0M |
| 自由现金流率自由现金流/营收 | 15.4% | 14.8% |
| 资本支出强度资本支出/营收 | 1.0% | 6.6% |
| 现金转化率经营现金流/净利润 | 1.43× | 1.28× |
| 过去12个月自由现金流最近4个季度 | $6.4B | $3.6B |
8季度趋势，按日历期对齐
经营现金流INTUPANW
| Q1 26 | — | $554.0M | ||
| Q4 25 | $637.0M | $1.8B | ||
| Q3 25 | $381.0M | $1.0B | ||
| Q2 25 | $4.4B | $628.7M | ||
| Q1 25 | $1.1B | $556.9M | ||
| Q4 24 | $362.0M | $1.5B | ||
| Q3 24 | $417.0M | $512.7M | ||
| Q2 24 | $4.0B | $528.9M |
自由现金流INTUPANW
| Q1 26 | — | $384.0M | ||
| Q4 25 | $599.0M | $1.7B | ||
| Q3 25 | $366.0M | $934.5M | ||
| Q2 25 | $4.4B | $560.4M | ||
| Q1 25 | $1.0B | $509.4M | ||
| Q4 24 | $329.0M | $1.5B | ||
| Q3 24 | $400.0M | $465.3M | ||
| Q2 24 | $3.9B | $491.5M |
自由现金流率INTUPANW
| Q1 26 | — | 14.8% | ||
| Q4 25 | 15.4% | 68.2% | ||
| Q3 25 | 9.6% | 36.8% | ||
| Q2 25 | 56.2% | 24.5% | ||
| Q1 25 | 26.2% | 22.6% | ||
| Q4 24 | 10.0% | 68.5% | ||
| Q3 24 | 12.6% | 21.3% | ||
| Q2 24 | 57.7% | 24.8% |
资本支出强度INTUPANW
| Q1 26 | — | 6.6% | ||
| Q4 25 | 1.0% | 3.4% | ||
| Q3 25 | 0.4% | 3.4% | ||
| Q2 25 | 0.5% | 3.0% | ||
| Q1 25 | 0.8% | 2.1% | ||
| Q4 24 | 1.0% | 2.1% | ||
| Q3 24 | 0.5% | 2.2% | ||
| Q2 24 | 0.9% | 1.9% |
现金转化率INTUPANW
| Q1 26 | — | 1.28× | ||
| Q4 25 | 1.43× | 5.30× | ||
| Q3 25 | 1.00× | 4.02× | ||
| Q2 25 | 1.56× | 2.40× | ||
| Q1 25 | 2.27× | 2.08× | ||
| Q4 24 | 1.84× | 4.30× | ||
| Q3 24 | — | 1.43× | ||
| Q2 24 | 1.65× | 1.90× |
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% |
PANW
| Subscription | $1.4B | 54% |
| Support | $676.0M | 26% |
| Products | $514.0M | 20% |
