NASDAQ : INTU
Intuit Inc. — Financial statements
Technology · Software - Application · United States
Last price 340.96 USD (Oct 30, 2026, 3:57 PM EDT) · Market cap 91.12B
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Financial statements
Intuit Inc. (INTU) reported revenue of 21.45B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 21.45B | 21.45B | 18.83B | 16.29B | 14.37B | 12.73B |
| Cost of Revenue | 4.08B | 4.08B | 3.69B | 3.32B | 2.98B | 2.27B |
| Gross Profit | 17.37B | 17.37B | 15.14B | 12.97B | 11.39B | 10.46B |
| Selling, General & Admin | 7.16B | 7.16B | 6.64B | 5.73B | 5.06B | 4.92B |
| Research & Development | 3.38B | 3.38B | 2.93B | 2.75B | 2.54B | 2.35B |
| Amortization of Goodwill & Intangibles | 659.00M | 659.00M | 637.00M | 629.00M | 646.00M | 556.00M |
| Operating Expenses | 11.19B | 11.19B | 10.20B | 9.11B | 8.25B | 7.83B |
| Operating Income | 6.18B | 6.18B | 4.94B | 3.85B | 3.14B | 2.63B |
| Interest Expense | -256.00M | -256.00M | -247.00M | -242.00M | -248.00M | -81.00M |
| Interest & Investment Income | 180.00M | 180.00M | 175.00M | 147.00M | 106.00M | 15.00M |
| Other Non Operating Income (Expenses) | 29.00M | 29.00M | 23.00M | 15.00M | -10.00M | 37.00M |
| EBT Excluding Unusual Items | 6.13B | 6.13B | 4.89B | 3.77B | 2.99B | 2.60B |
| Merger & Restructuring Charges | -293.00M | -293.00M | -15.00M | -223.00M | -63.00M | |
| Gain (Loss) on Sale of Investments | 180.00M | 180.00M | -40.00M | |||
| Pretax Income | 6.02B | 6.02B | 4.83B | 3.55B | 2.99B | 2.54B |
| Income Tax Expense | 1.45B | 1.45B | 965.00M | 587.00M | 605.00M | 476.00M |
| Earnings From Continuing Operations | 4.57B | 4.57B | 3.87B | 2.96B | 2.38B | 2.07B |
| Net Income | 4.57B | 4.57B | 3.87B | 2.96B | 2.38B | 2.07B |
| Net Income to Common | 4.57B | 4.57B | 3.87B | 2.96B | 2.38B | 2.07B |
| Shares Outstanding (Basic) | 276.00M | 276.00M | 280.00M | 280.00M | 281.00M | 280.00M |
| Shares Outstanding (Diluted) | 277.00M | 277.00M | 283.00M | 284.00M | 283.00M | 284.00M |
| EPS (Basic) | 16.54 | 16.54 | 13.82 | 10.58 | 8.48 | 7.38 |
| EPS (Diluted) | 16.46 | 16.46 | 13.67 | 10.43 | 8.42 | 7.28 |
| Free Cash Flow | 8.66B | 8.66B | 6.12B | 4.69B | 4.84B | 3.73B |
| Free Cash Flow Per Share | 31.27 | 31.27 | 21.64 | 16.52 | 17.09 | 13.14 |
| Dividend Per Share | 4.80 | 4.80 | 4.16 | 3.60 | 3.12 | 2.72 |
| Gross Margin | 80.98% | 80.98% | 80.39% | 79.62% | 79.26% | 82.19% |
| Operating Margin | 28.80% | 28.80% | 26.22% | 23.66% | 21.86% | 20.70% |
| Profit Margin | 21.29% | 21.29% | 20.55% | 18.20% | 16.59% | 16.23% |
| Free Cash Flow Margin | 40.39% | 40.39% | 32.52% | 28.82% | 33.66% | 29.33% |
| EBITDA | 6.85B | 6.85B | 5.59B | 4.50B | 3.78B | 3.24B |
| EBITDA Margin | 31.93% | 31.93% | 29.69% | 27.61% | 26.34% | 25.46% |
| D&A For EBITDA | 672.00M | 672.00M | 653.00M | 643.00M | 643.00M | 606.00M |
| EBIT | 6.18B | 6.18B | 4.94B | 3.85B | 3.14B | 2.63B |
| EBIT Margin | 28.80% | 28.80% | 26.22% | 23.66% | 21.86% | 20.70% |
| Effective Tax Rate | 24.12% | 24.12% | 19.96% | 16.54% | 20.24% | 18.73% |
| Revenue as Reported | 21.45B | 21.45B | 18.83B | 16.29B | 14.37B | 12.73B |
| Advertising Expenses | 2.20B | 2.20B | 2.10B | 1.70B | 1.50B | 1.60B |
Balance sheet
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.71B | 4.71B | 2.88B | 3.61B | 2.85B | 2.80B |
| Short-Term Investments | 2.50B | 2.50B | 1.67B | 465.00M | 814.00M | 485.00M |
| Cash & Short-Term Investments | 7.20B | 7.20B | 4.55B | 4.07B | 3.66B | 3.28B |
| Accounts Receivable | 625.00M | 625.00M | 530.00M | 457.00M | 405.00M | 446.00M |
| Other Receivables | 124.00M | 124.00M | 50.00M | 78.00M | 29.00M | 93.00M |
| Receivables | 2.22B | 2.22B | 1.98B | 1.31B | 1.12B | 1.05B |
| Prepaid Expenses | 677.00M | 677.00M | 496.00M | 366.00M | 354.00M | 287.00M |
| Other Current Assets | 5.04B | 5.04B | 7.08B | 3.92B | 420.00M | 431.00M |
| Total Current Assets | 15.31B | 15.31B | 14.11B | 9.68B | 5.56B | 5.05B |
| Property, Plant & Equipment | 1.63B | 1.63B | 1.50B | 1.42B | 1.44B | 1.44B |
| Long-Term Investments | 248.00M | 248.00M | 94.00M | 131.00M | 105.00M | 98.00M |
| Goodwill | 13.98B | 13.98B | 13.98B | 13.84B | 13.78B | 13.74B |
| Other Intangible Assets | 4.64B | 4.64B | 5.30B | 5.82B | 6.42B | 7.06B |
| Long-Term Deferred Tax Assets | 172.00M | 172.00M | 1.22B | 698.00M | 64.00M | 11.00M |
| Other Long-Term Assets | 768.00M | 768.00M | 654.00M | 408.00M | 347.00M | 313.00M |
| Total Assets | 36.79B | 36.79B | 36.96B | 32.13B | 27.78B | 27.73B |
| Accounts Payable | 873.00M | 873.00M | 792.00M | 721.00M | 638.00M | 737.00M |
| Accrued Expenses | 1.58B | 1.58B | 1.25B | 1.26B | 893.00M | 763.00M |
| Current Portion of Long-Term Debt | 1.25B | 1.25B | 499.00M | 499.00M | ||
| Current Portion of Leases | 85.00M | 85.00M | 69.00M | 71.00M | 89.00M | 84.00M |
| Current Income Taxes Payable | 698.00M | 8.00M | ||||
| Current Unearned Revenue | 1.07B | 1.07B | 1.02B | 872.00M | 921.00M | 808.00M |
| Other Current Liabilities | 5.30B | 5.30B | 7.24B | 4.07B | 551.00M | 731.00M |
| Total Current Liabilities | 10.16B | 10.16B | 10.37B | 7.49B | 3.79B | 3.63B |
| Long-Term Debt | 6.42B | 6.42B | 5.97B | 5.54B | 6.12B | 6.42B |
| Long-Term Leases | 667.00M | 667.00M | 597.00M | 458.00M | 480.00M | 542.00M |
| Long-Term Unearned Revenue | 5.00M | 6.00M | ||||
| Long-Term Deferred Tax Liabilities | 239.00M | 239.00M | 20.00M | 619.00M | ||
| Other Long-Term Liabilities | 305.00M | 305.00M | 288.00M | 208.00M | 116.00M | 81.00M |
| Total Liabilities | 17.79B | 17.79B | 17.25B | 13.70B | 10.51B | 11.29B |
| Common Stock | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Additional Paid-In Capital | 21.63B | 20.25B | 19.03B | 17.72B | ||
| Retained Earnings | 19.05B | 19.05B | 19.67B | 16.99B | 15.07B | 13.58B |
| Treasury Stock | -21.54B | -18.75B | -16.77B | -14.80B | ||
| Comprehensive Income & Other | -57.00M | -57.00M | -50.00M | -54.00M | -55.00M | -60.00M |
| Shareholders' Equity | 18.99B | 18.99B | 19.71B | 18.44B | 17.27B | 16.44B |
| Total Liabilities & Equity | 36.79B | 36.79B | 36.96B | 32.13B | 27.78B | 27.73B |
| Total Debt | 8.42B | 8.42B | 6.64B | 6.57B | 6.69B | 7.54B |
| Net Cash (Debt) | -1.22B | -1.22B | -2.09B | -2.49B | -3.03B | -4.26B |
| Net Cash Per Share | -4.41 | -4.41 | -7.37 | -8.78 | -10.70 | -15.00 |
| Filing Date Shares Outstanding | 267.24M | 267.24M | 278.81M | 280.29M | 280.26M | 281.87M |
| Total Common Shares Outstanding | 268.38M | 268.38M | 279.13M | 280.27M | 280.42M | 281.93M |
| Working Capital | 5.15B | 5.15B | 3.74B | 2.19B | 1.77B | 1.42B |
| Book Value Per Share | 70.76 | 70.76 | 70.61 | 65.78 | 61.58 | 58.32 |
| Tangible Book Value | 369.00M | 369.00M | 428.00M | -1.23B | -2.93B | -4.36B |
| Tangible Book Value Per Share | 1.37 | 1.37 | 1.53 | -4.38 | -10.45 | -15.45 |
| Land | 96.00M | 96.00M | 96.00M | 96.00M | 79.00M | 79.00M |
| Buildings | 701.00M | 701.00M | 644.00M | 636.00M | 382.00M | 378.00M |
| Machinery | 319.00M | 319.00M | 314.00M | 318.00M | 318.00M | 309.00M |
| Construction In Progress | 146.00M | 146.00M | 39.00M | 17.00M | 360.00M | 283.00M |
| Leasehold Improvements | 451.00M | 451.00M | 479.00M | 495.00M | 404.00M | 366.00M |
Cash flow statement
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 4.57B | 4.57B | 3.87B | 2.96B | 2.38B | 2.07B |
| Depreciation & Amortization | 672.00M | 672.00M | 653.00M | 643.00M | 643.00M | 606.00M |
| Other Amortization | 174.00M | 174.00M | 156.00M | 146.00M | 163.00M | 140.00M |
| Stock-Based Compensation | 2.06B | 2.06B | 1.97B | 1.94B | 1.71B | 1.31B |
| Provision & Write-off of Bad Debts | 237.00M | 237.00M | 134.00M | 118.00M | ||
| Other Operating Activities | 1.14B | 1.14B | -367.00M | -499.00M | -457.00M | 205.00M |
| Change in Accounts Receivable | -95.00M | -95.00M | -71.00M | -52.00M | 42.00M | -31.00M |
| Change in Accounts Payable | 63.00M | 63.00M | 73.00M | 133.00M | -97.00M | -95.00M |
| Change in Unearned Revenue | 51.00M | 51.00M | 142.00M | -49.00M | 111.00M | 71.00M |
| Change in Income Taxes | -74.00M | -74.00M | 27.00M | -48.00M | 64.00M | 35.00M |
| Change in Other Net Operating Assets | 51.00M | 51.00M | -377.00M | -413.00M | 481.00M | -416.00M |
| Operating Cash Flow | 8.84B | 8.84B | 6.21B | 4.88B | 5.05B | 3.89B |
| Capital Expenditures | -175.00M | -175.00M | -84.00M | -191.00M | -210.00M | -157.00M |
| Cash Acquisitions | -184.00M | -83.00M | -33.00M | -5.68B | ||
| Sale (Purchase) of Intangibles | -46.00M | -46.00M | -40.00M | -59.00M | -50.00M | -72.00M |
| Investment in Securities | -791.00M | -791.00M | -1.18B | 422.00M | -326.00M | 928.00M |
| Other Investing Activities | -400.00M | -400.00M | -831.00M | -316.00M | -303.00M | -24.00M |
| Investing Cash Flow | -1.41B | -1.41B | -2.32B | -227.00M | -922.00M | -5.42B |
| Short-Term Debt Issued | 100.00M | |||||
| Long-Term Debt Issued | 1.92B | 1.92B | 429.00M | 4.14B | 222.00M | 4.88B |
| Total Debt Issued | 1.92B | 1.92B | 429.00M | 4.24B | 222.00M | 4.88B |
| Short-Term Debt Repaid | -100.00M | |||||
| Long-Term Debt Repaid | -230.00M | -230.00M | -500.00M | -4.22B | -1.03B | |
| Total Debt Repaid | -230.00M | -230.00M | -500.00M | -4.33B | -1.03B | |
| Net Debt Issued (Repaid) | 1.69B | 1.69B | -71.00M | -89.00M | -810.00M | 4.88B |
| Issuance of Common Stock | 180.00M | 180.00M | 398.00M | 282.00M | 228.00M | 162.00M |
| Repurchase of Common Stock | -6.12B | -6.12B | -3.75B | -2.99B | -2.60B | -2.47B |
| Common Dividends Paid | -1.35B | -1.35B | -1.19B | -1.03B | -889.00M | -774.00M |
| Other Financing Activities | -2.09B | -2.09B | 3.11B | 3.43B | -198.00M | -66.00M |
| Financing Cash Flow | -7.69B | -7.69B | -1.51B | -397.00M | -4.27B | 1.73B |
| Foreign Exchange Rate Adjustments | -2.00M | -2.00M | 3.00M | -13.00M | -22.00M | |
| Net Cash Flow | -265.00M | -265.00M | 2.38B | 4.25B | -145.00M | 178.00M |
| Free Cash Flow | 8.66B | 8.66B | 6.12B | 4.69B | 4.84B | 3.73B |
| Free Cash Flow Margin | 40.39% | 40.39% | 32.52% | 28.82% | 33.66% | 29.33% |
| Free Cash Flow Per Share | 31.27 | 31.27 | 21.64 | 16.52 | 17.09 | 13.14 |
| Levered Free Cash Flow | 6.35B | 6.35B | 5.01B | 4.25B | 4.59B | 3.40B |
| Unlevered Free Cash Flow | 6.51B | 6.51B | 5.17B | 4.40B | 4.75B | 3.45B |
| Cash Interest Paid | 295.00M | 295.00M | 284.00M | 200.00M | 272.00M | 67.00M |
| Cash Income Tax Paid | 281.00M | 281.00M | 1.41B | 1.88B | 484.00M | 303.00M |
| Change in Working Capital | -4.00M | -4.00M | -206.00M | -429.00M | 601.00M | -436.00M |
Ratios
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 94.09B | 86.46B | 219.01B | 180.96B | 143.31B | 128.68B |
| Enterprise Value | 95.31B | 86.58B | 219.92B | 182.78B | 146.23B | 132.12B |
| Last Close Price | 352.10 | 314.60 | 772.80 | 633.10 | 497.43 | 440.17 |
| PE Ratio | 21.39 | 18.93 | 56.61 | 61.08 | 60.11 | 62.28 |
| Forward PE | 14.79 | 11.84 | 34.89 | 34.57 | 32.85 | 33.51 |
| PS Ratio | 4.39 | 4.03 | 11.63 | 11.11 | 9.97 | 10.11 |
| PB Ratio | 4.98 | 4.55 | 11.11 | 9.82 | 8.30 | 7.83 |
| P/TBV Ratio | 255.00 | 234.30 | 511.70 | |||
| P/FCF Ratio | 10.86 | 9.98 | 35.77 | 38.56 | 29.63 | 34.48 |
| P/OCF Ratio | 10.65 | 9.78 | 35.28 | 37.05 | 28.40 | 33.09 |
| PEG Ratio | 1.18 | 0.79 | 2.60 | 2.09 | 1.94 | 1.60 |
| EV/Sales Ratio | 4.44 | 4.04 | 11.68 | 11.22 | 10.18 | 10.38 |
| EV/EBITDA Ratio | 13.92 | 12.64 | 39.34 | 40.66 | 38.65 | 40.78 |
| EV/EBIT Ratio | 15.43 | 14.02 | 44.54 | 47.44 | 46.56 | 50.16 |
| EV/FCF Ratio | 11.00 | 9.99 | 35.92 | 38.95 | 30.24 | 35.40 |
| Debt / Equity Ratio | 0.44 | 0.44 | 0.34 | 0.36 | 0.39 | 0.46 |
| Debt / EBITDA Ratio | 1.20 | 1.20 | 1.16 | 1.42 | 1.71 | 2.26 |
| Debt / FCF Ratio | 0.97 | 0.97 | 1.08 | 1.40 | 1.38 | 2.02 |
| Net Debt / Equity Ratio | 0.06 | 0.06 | 0.11 | 0.14 | 0.17 | 0.26 |
| Net Debt / EBITDA Ratio | 0.18 | 0.18 | 0.37 | 0.55 | 0.80 | 1.31 |
| Net Debt / FCF Ratio | 0.14 | 0.14 | 0.34 | 0.53 | 0.63 | 1.14 |
| Asset Turnover | 0.58 | 0.58 | 0.55 | 0.54 | 0.52 | 0.59 |
| Quick Ratio | 0.78 | 0.78 | 0.49 | 0.61 | 1.08 | 1.05 |
| Current Ratio | 1.51 | 1.51 | 1.36 | 1.29 | 1.47 | 1.39 |
| Return on Equity (ROE) | 23.60% | 23.60% | 20.29% | 16.60% | 14.14% | 15.71% |
| Return on Assets (ROA) | 10.47% | 10.47% | 8.93% | 8.04% | 7.07% | 7.61% |
| Return on Invested Capital (ROIC) | 22.89% | 22.32% | 18.50% | 15.60% | 12.22% | 14.67% |
| Return on Capital Employed (ROCE) | 23.20% | 23.20% | 18.60% | 15.60% | 13.10% | 10.90% |
| Earnings Yield | 4.67% | 5.28% | 1.77% | 1.64% | 1.66% | 1.61% |
| FCF Yield | 9.21% | 10.02% | 2.80% | 2.59% | 3.38% | 2.90% |
| Dividend Yield | 1.57% | 1.49% | 0.53% | 0.56% | 0.61% | 0.60% |
| Payout Ratio | 33.54% | 29.50% | 30.73% | 34.90% | 37.29% | 37.46% |
| Buyback Yield / Dilution | 2.12% | 2.12% | 0.35% | -0.35% | 0.35% | -4.03% |
| Total Shareholder Return | 3.69% | 3.61% | 0.88% | 0.21% | 0.96% | -3.43% |