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Intuit（INTU）与QVC INC（QVCD）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QVC INC的1.6倍（$3.9B vs $2.4B），Intuit净利率更高（11.5% vs 1.5%，领先10.0%），Intuit同比增速更快（18.3% vs -8.9%），过去两年Intuit的营收复合增速更高（7.1% 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。
QVC集团是一家美国媒体 conglomerate，由公司董事长约翰·C·马龙控股，马龙持有该集团多数有表决权股份，业务覆盖媒体相关领域，是美国颇具影响力的传媒企业集团。
INTU vs QVCD — 直观对比
营收规模更大
INTU
是对方的1.6倍
$2.4B
营收增速更快
INTU
高出27.3%
-8.9%
净利率更高
INTU
高出10.0%
1.5%
两年增速更快
INTU
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.4B |
| 净利润 | $446.0M | $37.0M |
| 毛利率 | — | 32.5% |
| 营业利润率 | 13.7% | 5.6% |
| 净利率 | 11.5% | 1.5% |
| 营收同比 | 18.3% | -8.9% |
| 净利润同比 | 126.4% | 103.0% |
| 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INTUQVCD
| Q4 25 | $3.9B | $2.4B | ||
| Q3 25 | $3.8B | $2.0B | ||
| Q2 25 | $7.8B | $2.0B | ||
| Q1 25 | $4.0B | $1.9B | ||
| Q4 24 | $3.3B | $2.7B | ||
| Q3 24 | $3.2B | $2.1B | ||
| Q2 24 | $6.7B | $2.1B | ||
| Q1 24 | $3.4B | $2.1B |
净利润INTUQVCD
| Q4 25 | $446.0M | $37.0M | ||
| Q3 25 | $381.0M | $2.0M | ||
| Q2 25 | $2.8B | $-2.2B | ||
| Q1 25 | $471.0M | $-42.0M | ||
| Q4 24 | $197.0M | $-1.2B | ||
| Q3 24 | $-20.0M | $51.0M | ||
| Q2 24 | $2.4B | $53.0M | ||
| Q1 24 | $353.0M | $51.0M |
毛利率INTUQVCD
| Q4 25 | — | 32.5% | ||
| Q3 25 | — | 33.6% | ||
| Q2 25 | — | 35.4% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | — | 32.6% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.0% |
营业利润率INTUQVCD
| Q4 25 | 13.7% | 5.6% | ||
| Q3 25 | 8.8% | 4.6% | ||
| Q2 25 | 48.0% | -114.5% | ||
| Q1 25 | 15.0% | 1.5% | ||
| Q4 24 | 8.3% | -47.1% | ||
| Q3 24 | -4.7% | 7.8% | ||
| Q2 24 | 46.1% | 7.6% | ||
| Q1 24 | 10.9% | 7.4% |
净利率INTUQVCD
| Q4 25 | 11.5% | 1.5% | ||
| Q3 25 | 9.9% | 0.1% | ||
| Q2 25 | 36.4% | -109.1% | ||
| Q1 25 | 11.9% | -2.2% | ||
| Q4 24 | 6.0% | -46.0% | ||
| Q3 24 | -0.6% | 2.4% | ||
| Q2 24 | 35.5% | 2.5% | ||
| Q1 24 | 10.4% | 2.4% |
每股收益（稀释后）INTUQVCD
| 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 | $1.5B |
| 总债务越低越好 | $6.1B | $1.0M |
| 股东权益账面价值 | $19.3B | $1.2B |
| 总资产 | $33.2B | $8.5B |
| 负债/权益比越低杠杆越低 | 0.32× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资INTUQVCD
| Q4 25 | $3.5B | $1.5B | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.9B | $297.0M | ||
| Q3 24 | $3.6B | $297.0M | ||
| Q2 24 | $4.2B | $315.0M | ||
| Q1 24 | $1.5B | $311.0M |
总债务INTUQVCD
| Q4 25 | $6.1B | $1.0M | ||
| Q3 25 | $6.0B | $5.0B | ||
| Q2 25 | $6.4B | $4.0B | ||
| Q1 25 | $6.3B | $4.0B | ||
| Q4 24 | $6.1B | $3.3B | ||
| Q3 24 | $6.0B | $3.4B | ||
| Q2 24 | $6.0B | $3.7B | ||
| Q1 24 | $6.0B | $3.8B |
股东权益INTUQVCD
| Q4 25 | $19.3B | $1.2B | ||
| Q3 25 | $19.7B | $1.2B | ||
| Q2 25 | $20.1B | $1.2B | ||
| Q1 25 | $17.9B | $3.3B | ||
| Q4 24 | $18.1B | $3.3B | ||
| Q3 24 | $18.4B | $4.6B | ||
| Q2 24 | $18.8B | $4.3B | ||
| Q1 24 | $16.9B | $4.2B |
总资产INTUQVCD
| Q4 25 | $33.2B | $8.5B | ||
| Q3 25 | $37.0B | $8.3B | ||
| Q2 25 | $36.6B | $7.4B | ||
| Q1 25 | $31.7B | $9.7B | ||
| Q4 24 | $33.2B | $9.9B | ||
| Q3 24 | $32.1B | $9.9B | ||
| Q2 24 | $31.6B | $11.2B | ||
| Q1 24 | $29.7B | $11.4B |
负债/权益比INTUQVCD
| Q4 25 | 0.32× | 0.00× | ||
| Q3 25 | 0.30× | 4.30× | ||
| Q2 25 | 0.32× | 3.42× | ||
| Q1 25 | 0.35× | 1.22× | ||
| Q4 24 | 0.34× | 1.01× | ||
| Q3 24 | 0.33× | 0.73× | ||
| Q2 24 | 0.32× | 0.87× | ||
| Q1 24 | 0.35× | 0.89× |
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 | $245.0M |
| 自由现金流经营现金流 - 资本支出 | $599.0M | — |
| 自由现金流率自由现金流/营收 | 15.4% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 1.43× | 6.62× |
| 过去12个月自由现金流最近4个季度 | $6.4B | — |
8季度趋势，按日历期对齐
经营现金流INTUQVCD
| Q4 25 | $637.0M | $245.0M | ||
| Q3 25 | $381.0M | $76.0M | ||
| Q2 25 | $4.4B | $52.0M | ||
| Q1 25 | $1.1B | $46.0M | ||
| Q4 24 | $362.0M | $189.0M | ||
| Q3 24 | $417.0M | $98.0M | ||
| Q2 24 | $4.0B | $164.0M | ||
| Q1 24 | $613.0M | $84.0M |
自由现金流INTUQVCD
| Q4 25 | $599.0M | — | ||
| Q3 25 | $366.0M | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $329.0M | — | ||
| Q3 24 | $400.0M | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $550.0M | — |
自由现金流率INTUQVCD
| Q4 25 | 15.4% | — | ||
| Q3 25 | 9.6% | — | ||
| Q2 25 | 56.2% | — | ||
| Q1 25 | 26.2% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 57.7% | — | ||
| Q1 24 | 16.2% | — |
资本支出强度INTUQVCD
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 1.9% | — |
现金转化率INTUQVCD
| Q4 25 | 1.43× | 6.62× | ||
| Q3 25 | 1.00× | 38.00× | ||
| Q2 25 | 1.56× | — | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | 1.65× | 3.09× | ||
| Q1 24 | 1.74× | 1.65× |
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% |
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
