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艾昆纬（IQV）与ServiceNow（NOW）财务数据对比。点击上方公司名可切换其他公司
艾昆纬的季度营收约是ServiceNow的1.2倍（$4.4B vs $3.8B），ServiceNow净利率更高（12.4% vs 11.8%，领先0.7%），艾昆纬同比增速更快（10.3% vs 2.8%），ServiceNow自由现金流更多（$1.7B vs $561.0M），过去两年ServiceNow的营收复合增速更高（19.8% vs 8.1%）
艾昆纬控股（IQVIA Holdings Inc.）总部位于美国北卡罗来纳州达勒姆，是专注于医疗信息技术与临床研究领域的知名企业。公司依托专业技术优势与行业资源积累，为医疗健康、医药研发等领域客户提供专业解决方案与服务支持，助力产业创新发展。
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
IQV vs NOW — 直观对比
营收规模更大
IQV
是对方的1.2倍
$3.8B
营收增速更快
IQV
高出7.5%
2.8%
净利率更高
NOW
高出0.7%
11.8%
自由现金流更多
NOW
多$1.1B
$561.0M
两年增速更快
NOW
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.4B | $3.8B |
| 净利润 | $514.0M | $469.0M |
| 毛利率 | — | 75.1% |
| 营业利润率 | 14.4% | 13.3% |
| 净利率 | 11.8% | 12.4% |
| 营收同比 | 10.3% | 2.8% |
| 净利润同比 | 17.6% | -53.7% |
| 每股收益（稀释后） | $2.97 | $1.04 |
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IQVNOW
| Q1 26 | — | $3.8B | ||
| Q4 25 | $4.4B | $3.6B | ||
| Q3 25 | $4.1B | $3.4B | ||
| Q2 25 | $4.0B | $3.2B | ||
| Q1 25 | $3.8B | $3.1B | ||
| Q4 24 | $4.0B | $3.0B | ||
| Q3 24 | $3.9B | $2.8B | ||
| Q2 24 | $3.8B | $2.6B |
净利润IQVNOW
| Q1 26 | — | $469.0M | ||
| Q4 25 | $514.0M | $401.0M | ||
| Q3 25 | $331.0M | $502.0M | ||
| Q2 25 | $266.0M | $385.0M | ||
| Q1 25 | $249.0M | $460.0M | ||
| Q4 24 | $437.0M | $384.0M | ||
| Q3 24 | $285.0M | $432.0M | ||
| Q2 24 | $363.0M | $262.0M |
毛利率IQVNOW
| Q1 26 | — | 75.1% | ||
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 77.3% | ||
| Q2 25 | — | 77.5% | ||
| Q1 25 | — | 78.9% | ||
| Q4 24 | — | 78.7% | ||
| Q3 24 | 23.5% | 79.1% | ||
| Q2 24 | 22.6% | 79.0% |
营业利润率IQVNOW
| Q1 26 | — | 13.3% | ||
| Q4 25 | 14.4% | 12.4% | ||
| Q3 25 | 13.5% | 16.8% | ||
| Q2 25 | 12.6% | 11.1% | ||
| Q1 25 | 13.0% | 14.6% | ||
| Q4 24 | 15.8% | 12.6% | ||
| Q3 24 | 14.1% | 14.9% | ||
| Q2 24 | 13.6% | 9.1% |
净利率IQVNOW
| Q1 26 | — | 12.4% | ||
| Q4 25 | 11.8% | 11.2% | ||
| Q3 25 | 8.1% | 14.7% | ||
| Q2 25 | 6.6% | 12.0% | ||
| Q1 25 | 6.5% | 14.9% | ||
| Q4 24 | 11.0% | 13.0% | ||
| Q3 24 | 7.3% | 15.4% | ||
| Q2 24 | 9.5% | 10.0% |
每股收益（稀释后）IQVNOW
| Q1 26 | — | $1.04 | ||
| Q4 25 | $2.97 | $-4.77 | ||
| Q3 25 | $1.93 | $2.40 | ||
| Q2 25 | $1.54 | $1.84 | ||
| Q1 25 | $1.40 | $2.20 | ||
| Q4 24 | $2.41 | $1.84 | ||
| Q3 24 | $1.55 | $2.07 | ||
| Q2 24 | $1.97 | $1.26 |
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 | $2.1B | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.5B | $11.7B |
| 总资产 | $29.9B | $24.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资IQVNOW
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.1B | $3.7B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $1.9B | $3.4B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.7B | $1.9B | ||
| Q2 24 | $1.7B | $2.2B |
股东权益IQVNOW
| Q1 26 | — | $11.7B | ||
| Q4 25 | $6.5B | $13.0B | ||
| Q3 25 | $6.2B | $11.3B | ||
| Q2 25 | $5.8B | $10.9B | ||
| Q1 25 | $6.0B | $10.1B | ||
| Q4 24 | $6.1B | $9.6B | ||
| Q3 24 | $7.0B | $9.3B | ||
| Q2 24 | $6.7B | $8.7B |
总资产IQVNOW
| Q1 26 | — | $24.4B | ||
| Q4 25 | $29.9B | $26.0B | ||
| Q3 25 | $28.7B | $21.8B | ||
| Q2 25 | $28.6B | $22.1B | ||
| Q1 25 | $27.3B | $21.0B | ||
| Q4 24 | $26.9B | $20.4B | ||
| Q3 24 | $27.2B | $18.4B | ||
| Q2 24 | $26.4B | $18.2B |
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 | $735.0M | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $561.0M | $1.7B |
| 自由现金流率自由现金流/营收 | 12.9% | 44.2% |
| 资本支出强度资本支出/营收 | 4.0% | — |
| 现金转化率经营现金流/净利润 | 1.43× | 3.56× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $4.8B |
8季度趋势，按日历期对齐
经营现金流IQVNOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | $735.0M | $2.2B | ||
| Q3 25 | $908.0M | $813.0M | ||
| Q2 25 | $443.0M | $716.0M | ||
| Q1 25 | $568.0M | $1.7B | ||
| Q4 24 | $885.0M | $1.6B | ||
| Q3 24 | $721.0M | $671.0M | ||
| Q2 24 | $588.0M | $620.0M |
自由现金流IQVNOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | $561.0M | $2.0B | ||
| Q3 25 | $772.0M | $578.0M | ||
| Q2 25 | $292.0M | $526.0M | ||
| Q1 25 | $426.0M | $1.5B | ||
| Q4 24 | $721.0M | $1.4B | ||
| Q3 24 | $571.0M | $469.0M | ||
| Q2 24 | $445.0M | $358.0M |
自由现金流率IQVNOW
| Q1 26 | — | 44.2% | ||
| Q4 25 | 12.9% | 56.1% | ||
| Q3 25 | 18.8% | 17.0% | ||
| Q2 25 | 7.3% | 16.4% | ||
| Q1 25 | 11.1% | 47.7% | ||
| Q4 24 | 18.2% | 46.7% | ||
| Q3 24 | 14.7% | 16.8% | ||
| Q2 24 | 11.7% | 13.6% |
资本支出强度IQVNOW
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 6.7% | ||
| Q3 25 | 3.3% | 6.9% | ||
| Q2 25 | 3.8% | 5.9% | ||
| Q1 25 | 3.7% | 6.6% | ||
| Q4 24 | 4.1% | 8.6% | ||
| Q3 24 | 3.9% | 7.2% | ||
| Q2 24 | 3.7% | 10.0% |
现金转化率IQVNOW
| Q1 26 | — | 3.56× | ||
| Q4 25 | 1.43× | 5.58× | ||
| Q3 25 | 2.74× | 1.62× | ||
| Q2 25 | 1.67× | 1.86× | ||
| Q1 25 | 2.28× | 3.65× | ||
| Q4 24 | 2.03× | 4.26× | ||
| Q3 24 | 2.53× | 1.55× | ||
| Q2 24 | 1.62× | 2.37× |
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
IQV
暂无分部数据
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $80.5M | 2% |
| Professional services and other revenues | $18.5M | 0% |
