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STEWART INFORMATION SERVICES CORP（STC）与VEEVA SYSTEMS INC（VEEV）财务数据对比。点击上方公司名可切换其他公司
VEEVA SYSTEMS INC的季度营收约是STEWART INFORMATION SERVICES CORP的1.1倍（$811.2M vs $764.6M），VEEVA SYSTEMS INC净利率更高（29.1% vs 2.2%，领先26.9%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 16.0%），过去两年VEEVA SYSTEMS INC的营收复合增速更高（13.4% vs 12.7%）
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
Veeva Systems Inc总部位于美国加利福尼亚州普莱森顿，是一家公益类上市企业，专注为生命科学行业提供云软件、数据服务及商业咨询，旗下产品可实现数据管理、监管注册跟踪、供应链全流程监督等多项功能。
STC vs VEEV — 直观对比
营收规模更大
VEEV
是对方的1.1倍
$764.6M
营收增速更快
STC
高出11.6%
16.0%
净利率更高
VEEV
高出26.9%
2.2%
两年增速更快
VEEV
近两年复合增速
12.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $764.6M | $811.2M |
| 净利润 | $17.0M | $236.2M |
| 毛利率 | — | 75.4% |
| 营业利润率 | — | 29.7% |
| 净利率 | 2.2% | 29.1% |
| 营收同比 | 27.7% | 16.0% |
| 净利润同比 | 448.4% | 27.1% |
| 每股收益（稀释后） | — | $1.40 |
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STCVEEV
| Q1 26 | $764.6M | — | ||
| Q4 25 | $790.6M | $811.2M | ||
| Q3 25 | $796.9M | $789.1M | ||
| Q2 25 | $722.2M | $759.0M | ||
| Q1 25 | $612.0M | $720.9M | ||
| Q4 24 | $665.9M | $699.2M | ||
| Q3 24 | $667.9M | $676.2M | ||
| Q2 24 | $602.2M | $650.3M |
净利润STCVEEV
| Q1 26 | $17.0M | — | ||
| Q4 25 | $36.3M | $236.2M | ||
| Q3 25 | $44.3M | $200.3M | ||
| Q2 25 | $31.9M | $228.2M | ||
| Q1 25 | $3.1M | $195.6M | ||
| Q4 24 | $22.7M | $185.8M | ||
| Q3 24 | $30.1M | $171.0M | ||
| Q2 24 | $17.3M | $161.7M |
毛利率STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | — | 75.4% | ||
| Q3 25 | — | 75.3% | ||
| Q2 25 | — | 77.1% | ||
| Q1 25 | — | 74.9% | ||
| Q4 24 | — | 75.1% | ||
| Q3 24 | — | 74.8% | ||
| Q2 24 | — | 73.3% |
营业利润率STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 29.7% | ||
| Q3 25 | 7.7% | 24.8% | ||
| Q2 25 | 6.5% | 30.8% | ||
| Q1 25 | 1.0% | 26.1% | ||
| Q4 24 | 5.3% | 25.9% | ||
| Q3 24 | 6.4% | 24.6% | ||
| Q2 24 | 4.8% | 23.9% |
净利率STCVEEV
| Q1 26 | 2.2% | — | ||
| Q4 25 | 4.6% | 29.1% | ||
| Q3 25 | 5.6% | 25.4% | ||
| Q2 25 | 4.4% | 30.1% | ||
| Q1 25 | 0.5% | 27.1% | ||
| Q4 24 | 3.4% | 26.6% | ||
| Q3 24 | 4.5% | 25.3% | ||
| Q2 24 | 2.9% | 24.9% |
每股收益（稀释后）STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | $1.26 | $1.40 | ||
| Q3 25 | $1.55 | $1.19 | ||
| Q2 25 | $1.13 | $1.37 | ||
| Q1 25 | $0.11 | $1.17 | ||
| Q4 24 | $0.81 | $1.13 | ||
| Q3 24 | $1.07 | $1.04 | ||
| Q2 24 | $0.62 | $0.98 |
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 | $317.5M | $1.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $7.0B |
| 总资产 | — | $8.1B |
| 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STCVEEV
| Q1 26 | $317.5M | — | ||
| Q4 25 | $369.7M | $1.7B | ||
| Q3 25 | $233.2M | $1.9B | ||
| Q2 25 | $223.8M | $2.0B | ||
| Q1 25 | $194.2M | $1.1B | ||
| Q4 24 | $257.5M | $1.0B | ||
| Q3 24 | $228.7M | $1.2B | ||
| Q2 24 | $176.7M | $1.2B |
总债务STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $445.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $7.0B | ||
| Q3 25 | $1.5B | $6.6B | ||
| Q2 25 | $1.4B | $6.2B | ||
| Q1 25 | $1.4B | $5.8B | ||
| Q4 24 | $1.4B | $5.5B | ||
| Q3 24 | $1.4B | $5.2B | ||
| Q2 24 | $1.4B | $4.9B |
总资产STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $8.1B | ||
| Q3 25 | $2.8B | $8.0B | ||
| Q2 25 | $2.8B | $7.8B | ||
| Q1 25 | $2.7B | $7.3B | ||
| Q4 24 | $2.7B | $6.5B | ||
| Q3 24 | $2.7B | $6.3B | ||
| Q2 24 | $2.6B | $6.2B |
负债/权益比STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $192.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.82× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | $89.5M | $192.8M | ||
| Q3 25 | $92.6M | $238.4M | ||
| Q2 25 | $53.4M | $877.2M | ||
| Q1 25 | $-29.9M | $69.5M | ||
| Q4 24 | $68.0M | $164.1M | ||
| Q3 24 | $76.1M | $92.9M | ||
| Q2 24 | $21.1M | $763.5M |
自由现金流STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | $62.3M | — | ||
| Q3 25 | $73.6M | — | ||
| Q2 25 | $38.7M | — | ||
| Q1 25 | $-42.2M | — | ||
| Q4 24 | $55.6M | — | ||
| Q3 24 | $67.4M | — | ||
| Q2 24 | $11.9M | — |
自由现金流率STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | 7.9% | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | -6.9% | — | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 2.0% | — |
资本支出强度STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 1.5% | — |
现金转化率STCVEEV
| Q1 26 | — | — | ||
| Q4 25 | 2.47× | 0.82× | ||
| Q3 25 | 2.09× | 1.19× | ||
| Q2 25 | 1.67× | 3.84× | ||
| Q1 25 | -9.73× | 0.36× | ||
| Q4 24 | 2.99× | 0.88× | ||
| Q3 24 | 2.53× | 0.54× | ||
| Q2 24 | 1.22× | 4.72× |
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
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
VEEV
| Subscription Services Veeva Research And Development | $364.8M | 45% |
| Subscription Services Veeva Commercial Cloud | $317.6M | 39% |
| Professional Services Veeva Research And Development | $81.3M | 10% |
| Professional Services Veeva Commercial Cloud | $47.5M | 6% |
