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Intuit（INTU）与Vistra Corp.（VST）财务数据对比。点击上方公司名可切换其他公司
Vistra Corp.的季度营收约是Intuit的1.0倍（$4.8B vs $4.7B），Intuit净利率更高（14.9% vs 4.8%，领先10.1%），Vistra Corp.同比增速更快（31.2% vs 17.0%），过去两年Vistra Corp.的营收复合增速更高（23.3% 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。
股票代码为VST的Vistra Corp是总部位于美国得克萨斯州的能源企业，主营电力生产、可再生能源开发及能源零售等业务。此外“Vistra”也可指一家总部位于中国香港的企业服务提供商，为全球客户提供公司注册、合规管理等专业服务。
INTU vs VST — 直观对比
营收规模更大
VST
是对方的1.0倍
$4.7B
营收增速更快
VST
高出14.2%
17.0%
净利率更高
INTU
高出10.1%
4.8%
两年增速更快
VST
近两年复合增速
-16.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $4.8B |
| 净利润 | $693.0M | $233.0M |
| 毛利率 | 98.0% | — |
| 营业利润率 | 18.4% | 9.9% |
| 净利率 | 14.9% | 4.8% |
| 营收同比 | 17.0% | 31.2% |
| 净利润同比 | — | -47.2% |
| 每股收益（稀释后） | $2.48 | $0.55 |
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INTUVST
| Q1 26 | $4.7B | — | ||
| Q4 25 | $3.9B | $4.8B | ||
| Q3 25 | $3.8B | $4.8B | ||
| Q2 25 | $7.8B | $3.8B | ||
| Q1 25 | $4.0B | $4.3B | ||
| Q4 24 | $3.3B | $3.7B | ||
| Q3 24 | $3.2B | $4.3B | ||
| Q2 24 | $6.7B | $3.6B |
净利润INTUVST
| Q1 26 | $693.0M | — | ||
| Q4 25 | $446.0M | $233.0M | ||
| Q3 25 | $381.0M | $652.0M | ||
| Q2 25 | $2.8B | $327.0M | ||
| Q1 25 | $471.0M | $-268.0M | ||
| Q4 24 | $197.0M | $441.0M | ||
| Q3 24 | $-20.0M | $1.9B | ||
| Q2 24 | $2.4B | $365.0M |
毛利率INTUVST
| Q1 26 | 98.0% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率INTUVST
| Q1 26 | 18.4% | — | ||
| Q4 25 | 13.7% | 9.9% | ||
| Q3 25 | 8.8% | 21.7% | ||
| Q2 25 | 48.0% | 13.7% | ||
| Q1 25 | 15.0% | -2.8% | ||
| Q4 24 | 8.3% | 16.4% | ||
| Q3 24 | -4.7% | 59.6% | ||
| Q2 24 | 46.1% | 22.5% |
净利率INTUVST
| Q1 26 | 14.9% | — | ||
| Q4 25 | 11.5% | 4.8% | ||
| Q3 25 | 9.9% | 13.6% | ||
| Q2 25 | 36.4% | 8.7% | ||
| Q1 25 | 11.9% | -6.3% | ||
| Q4 24 | 6.0% | 12.0% | ||
| Q3 24 | -0.6% | 43.5% | ||
| Q2 24 | 35.5% | 10.1% |
每股收益（稀释后）INTUVST
| Q1 26 | $2.48 | — | ||
| Q4 25 | $1.59 | $0.55 | ||
| Q3 25 | $1.28 | $1.75 | ||
| Q2 25 | $10.02 | $0.81 | ||
| Q1 25 | $1.67 | $-0.93 | ||
| Q4 24 | $0.70 | $1.09 | ||
| Q3 24 | $-0.09 | $5.25 | ||
| Q2 24 | $8.42 | $0.90 |
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 | $785.0M |
| 总债务越低越好 | $6.2B | $15.8B |
| 股东权益账面价值 | $19.1B | $5.1B |
| 总资产 | $34.3B | $41.5B |
| 负债/权益比越低杠杆越低 | 0.32× | 3.11× |
8季度趋势，按日历期对齐
现金及短期投资INTUVST
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.5B | $785.0M | ||
| Q3 25 | $2.9B | $602.0M | ||
| Q2 25 | $5.4B | $458.0M | ||
| Q1 25 | $2.4B | $561.0M | ||
| Q4 24 | $2.9B | $1.2B | ||
| Q3 24 | $3.6B | $905.0M | ||
| Q2 24 | $4.2B | $1.6B |
总债务INTUVST
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.1B | $15.8B | ||
| Q3 25 | $6.0B | $15.8B | ||
| Q2 25 | $6.4B | $15.5B | ||
| Q1 25 | $6.3B | $15.4B | ||
| Q4 24 | $6.1B | $15.4B | ||
| Q3 24 | $6.0B | $13.9B | ||
| Q2 24 | $6.0B | $13.9B |
股东权益INTUVST
| Q1 26 | $19.1B | — | ||
| Q4 25 | $19.3B | $5.1B | ||
| Q3 25 | $19.7B | $5.2B | ||
| Q2 25 | $20.1B | $4.8B | ||
| Q1 25 | $17.9B | $4.8B | ||
| Q4 24 | $18.1B | $5.6B | ||
| Q3 24 | $18.4B | $5.4B | ||
| Q2 24 | $18.8B | $5.6B |
总资产INTUVST
| Q1 26 | $34.3B | — | ||
| Q4 25 | $33.2B | $41.5B | ||
| Q3 25 | $37.0B | $38.0B | ||
| Q2 25 | $36.6B | $38.1B | ||
| Q1 25 | $31.7B | $38.2B | ||
| Q4 24 | $33.2B | $37.8B | ||
| Q3 24 | $32.1B | $37.9B | ||
| Q2 24 | $31.6B | $39.1B |
负债/权益比INTUVST
| Q1 26 | 0.32× | — | ||
| Q4 25 | 0.32× | 3.11× | ||
| Q3 25 | 0.30× | 3.02× | ||
| Q2 25 | 0.32× | 3.22× | ||
| Q1 25 | 0.35× | 3.20× | ||
| Q4 24 | 0.34× | 2.77× | ||
| Q3 24 | 0.33× | 2.56× | ||
| Q2 24 | 0.32× | 2.49× |
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 | $1.4B |
| 自由现金流经营现金流 - 资本支出 | — | $596.0M |
| 自由现金流率自由现金流/营收 | — | 12.4% |
| 资本支出强度资本支出/营收 | — | 17.4% |
| 现金转化率经营现金流/净利润 | 3.18× | 6.15× |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流INTUVST
| Q1 26 | $2.2B | — | ||
| Q4 25 | $637.0M | $1.4B | ||
| Q3 25 | $381.0M | $1.5B | ||
| Q2 25 | $4.4B | $572.0M | ||
| Q1 25 | $1.1B | $599.0M | ||
| Q4 24 | $362.0M | $1.4B | ||
| Q3 24 | $417.0M | $1.7B | ||
| Q2 24 | $4.0B | $1.2B |
自由现金流INTUVST
| Q1 26 | — | — | ||
| Q4 25 | $599.0M | $596.0M | ||
| Q3 25 | $366.0M | $1.0B | ||
| Q2 25 | $4.4B | $-118.0M | ||
| Q1 25 | $1.0B | $-169.0M | ||
| Q4 24 | $329.0M | $923.0M | ||
| Q3 24 | $400.0M | $1.0B | ||
| Q2 24 | $3.9B | $698.0M |
自由现金流率INTUVST
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | 12.4% | ||
| Q3 25 | 9.6% | 21.1% | ||
| Q2 25 | 56.2% | -3.1% | ||
| Q1 25 | 26.2% | -4.0% | ||
| Q4 24 | 10.0% | 25.2% | ||
| Q3 24 | 12.6% | 23.4% | ||
| Q2 24 | 57.7% | 19.4% |
资本支出强度INTUVST
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 17.4% | ||
| Q3 25 | 0.4% | 9.6% | ||
| Q2 25 | 0.5% | 18.4% | ||
| Q1 25 | 0.8% | 18.1% | ||
| Q4 24 | 1.0% | 11.7% | ||
| Q3 24 | 0.5% | 15.8% | ||
| Q2 24 | 0.9% | 13.8% |
现金转化率INTUVST
| Q1 26 | 3.18× | — | ||
| Q4 25 | 1.43× | 6.15× | ||
| Q3 25 | 1.00× | 2.25× | ||
| Q2 25 | 1.56× | 1.75× | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 1.84× | 3.07× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | 1.65× | 3.28× |
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% |
VST
| Retail Energy Charge In ERCOT | $2.1B | 43% |
| Retail Energy Charge In Northeast Midwest | $1.2B | 24% |
| East Segment | $1.1B | 24% |
| Hedging Revenue Realized | $170.0M | 4% |
| Revenue From Other Wholesale Contracts | $116.0M | 2% |
| Transferable Production Tax Credit Revenues | $78.0M | 2% |
| West Segment | $77.0M | 2% |
| Intersegment Sales | $25.0M | 1% |
