vs
Intuit（INTU）与SHOPIFY INC.（SHOP）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SHOPIFY INC.的1.1倍（$3.9B vs $3.7B）。SHOPIFY INC.净利率更高（20.2% vs 11.5%，领先8.8%）。SHOPIFY INC.同比增速更快（30.6% vs 18.3%）。SHOPIFY INC.自由现金流更多（$715.0M vs $599.0M）。过去两年SHOPIFY INC.的营收复合增速更高（40.5% 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。
Shopify是总部位于加拿大安大略省渥太华的跨国电商企业，运营零售POS系统及相关服务平台，全球客户超500万，2024年总交易处理额达2923亿美元，其中57%来自美国市场，服务客户包括特斯拉、路威酩轩、雀巢、百事、百威英博、红牛、凯悦等知名品牌。
INTU vs SHOP — 直观对比
营收规模更大
INTU
是对方的1.1倍
$3.7B
营收增速更快
SHOP
高出12.2%
18.3%
净利率更高
SHOP
高出8.8%
11.5%
自由现金流更多
SHOP
多$116.0M
$599.0M
两年增速更快
SHOP
近两年复合增速
7.1%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $3.7B |
| 净利润 | $446.0M | $743.0M |
| 毛利率 | — | 46.1% |
| 营业利润率 | 13.7% | 17.2% |
| 净利率 | 11.5% | 20.2% |
| 营收同比 | 18.3% | 30.6% |
| 净利润同比 | 126.4% | -42.5% |
| 每股收益（稀释后） | $1.59 | $0.58 |
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INTUSHOP
| Q4 25 | $3.9B | $3.7B | ||
| Q3 25 | $3.8B | $2.8B | ||
| Q2 25 | $7.8B | $2.7B | ||
| Q1 25 | $4.0B | $2.4B | ||
| Q4 24 | $3.3B | $2.8B | ||
| Q3 24 | $3.2B | $2.2B | ||
| Q2 24 | $6.7B | $2.0B | ||
| Q1 24 | $3.4B | $1.9B |
净利润INTUSHOP
| Q4 25 | $446.0M | $743.0M | ||
| Q3 25 | $381.0M | $264.0M | ||
| Q2 25 | $2.8B | $906.0M | ||
| Q1 25 | $471.0M | $-682.0M | ||
| Q4 24 | $197.0M | $1.3B | ||
| Q3 24 | $-20.0M | $828.0M | ||
| Q2 24 | $2.4B | $171.0M | ||
| Q1 24 | $353.0M | $-273.0M |
毛利率INTUSHOP
| Q4 25 | — | 46.1% | ||
| Q3 25 | — | 48.9% | ||
| Q2 25 | — | 48.6% | ||
| Q1 25 | — | 49.5% | ||
| Q4 24 | — | 48.1% | ||
| Q3 24 | — | 51.7% | ||
| Q2 24 | — | 51.1% | ||
| Q1 24 | — | 51.4% |
营业利润率INTUSHOP
| Q4 25 | 13.7% | 17.2% | ||
| Q3 25 | 8.8% | 12.1% | ||
| Q2 25 | 48.0% | 10.9% | ||
| Q1 25 | 15.0% | 8.6% | ||
| Q4 24 | 8.3% | 16.5% | ||
| Q3 24 | -4.7% | 13.1% | ||
| Q2 24 | 46.1% | 11.8% | ||
| Q1 24 | 10.9% | 4.6% |
净利率INTUSHOP
| Q4 25 | 11.5% | 20.2% | ||
| Q3 25 | 9.9% | 9.3% | ||
| Q2 25 | 36.4% | 33.8% | ||
| Q1 25 | 11.9% | -28.9% | ||
| Q4 24 | 6.0% | 46.0% | ||
| Q3 24 | -0.6% | 38.3% | ||
| Q2 24 | 35.5% | 8.4% | ||
| Q1 24 | 10.4% | -14.7% |
每股收益（稀释后）INTUSHOP
| Q4 25 | $1.59 | $0.58 | ||
| Q3 25 | $1.28 | $0.20 | ||
| Q2 25 | $10.02 | $0.69 | ||
| Q1 25 | $1.67 | $-0.53 | ||
| Q4 24 | $0.70 | $0.99 | ||
| Q3 24 | $-0.09 | $0.64 | ||
| Q2 24 | $8.42 | $0.13 | ||
| Q1 24 | $1.25 | $-0.21 |
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 | $5.8B |
| 总债务越低越好 | $6.1B | — |
| 股东权益账面价值 | $19.3B | $13.5B |
| 总资产 | $33.2B | $15.2B |
| 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INTUSHOP
| Q4 25 | $3.5B | $5.8B | ||
| Q3 25 | $2.9B | $6.3B | ||
| Q2 25 | $5.4B | $5.8B | ||
| Q1 25 | $2.4B | $5.5B | ||
| Q4 24 | $2.9B | $5.5B | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $4.2B | — | ||
| Q1 24 | $1.5B | — |
总债务INTUSHOP
| 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INTUSHOP
| Q4 25 | $19.3B | $13.5B | ||
| Q3 25 | $19.7B | $12.5B | ||
| Q2 25 | $20.1B | $12.1B | ||
| Q1 25 | $17.9B | $11.1B | ||
| Q4 24 | $18.1B | $11.6B | ||
| Q3 24 | $18.4B | $10.1B | ||
| Q2 24 | $18.8B | $9.2B | ||
| Q1 24 | $16.9B | $8.9B |
总资产INTUSHOP
| Q4 25 | $33.2B | $15.2B | ||
| Q3 25 | $37.0B | $15.0B | ||
| Q2 25 | $36.6B | $14.6B | ||
| Q1 25 | $31.7B | $13.4B | ||
| Q4 24 | $33.2B | $13.9B | ||
| Q3 24 | $32.1B | — | ||
| Q2 24 | $31.6B | — | ||
| Q1 24 | $29.7B | — |
负债/权益比INTUSHOP
| 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 | $725.0M |
| 自由现金流经营现金流 - 资本支出 | $599.0M | $715.0M |
| 自由现金流率自由现金流/营收 | 15.4% | 19.5% |
| 资本支出强度资本支出/营收 | 1.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.43× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $6.4B | $2.0B |
8季度趋势，按日历期对齐
经营现金流INTUSHOP
| Q4 25 | $637.0M | $725.0M | ||
| Q3 25 | $381.0M | $513.0M | ||
| Q2 25 | $4.4B | $428.0M | ||
| Q1 25 | $1.1B | $367.0M | ||
| Q4 24 | $362.0M | $615.0M | ||
| Q3 24 | $417.0M | $423.0M | ||
| Q2 24 | $4.0B | $340.0M | ||
| Q1 24 | $613.0M | $238.0M |
自由现金流INTUSHOP
| Q4 25 | $599.0M | $715.0M | ||
| Q3 25 | $366.0M | $507.0M | ||
| Q2 25 | $4.4B | $422.0M | ||
| Q1 25 | $1.0B | $363.0M | ||
| Q4 24 | $329.0M | $611.0M | ||
| Q3 24 | $400.0M | $421.0M | ||
| Q2 24 | $3.9B | $333.0M | ||
| Q1 24 | $550.0M | $232.0M |
自由现金流率INTUSHOP
| Q4 25 | 15.4% | 19.5% | ||
| Q3 25 | 9.6% | 17.8% | ||
| Q2 25 | 56.2% | 15.7% | ||
| Q1 25 | 26.2% | 15.4% | ||
| Q4 24 | 10.0% | 21.7% | ||
| Q3 24 | 12.6% | 19.5% | ||
| Q2 24 | 57.7% | 16.3% | ||
| Q1 24 | 16.2% | 12.5% |
资本支出强度INTUSHOP
| Q4 25 | 1.0% | 0.3% | ||
| Q3 25 | 0.4% | 0.2% | ||
| Q2 25 | 0.5% | 0.2% | ||
| Q1 25 | 0.8% | 0.2% | ||
| Q4 24 | 1.0% | 0.1% | ||
| Q3 24 | 0.5% | 0.1% | ||
| Q2 24 | 0.9% | 0.3% | ||
| Q1 24 | 1.9% | 0.3% |
现金转化率INTUSHOP
| Q4 25 | 1.43× | 0.98× | ||
| Q3 25 | 1.00× | 1.94× | ||
| Q2 25 | 1.56× | 0.47× | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 1.84× | 0.48× | ||
| Q3 24 | — | 0.51× | ||
| Q2 24 | 1.65× | 1.99× | ||
| Q1 24 | 1.74× | — |
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% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
