Intuit Inc. (INTU) Income Statement Analysis

See more : Data#3 Limited (DTL.AX) Income Statement Analysis – Financial Results

Complete financial analysis of Intuit Inc. (INTU) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Intuit Inc., a leading company in the Software – Application industry within the Technology sector.

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Intuit Inc. (INTU)

Industry: Software - Application

Sector: Technology

Website: https://www.intuit.com

About Intuit Inc.

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProConnect. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; QuickBooks Commerce, a solution for product-based businesses; QuickBooks Online Accountant and QuickBooks Accountant Desktop Plus solutions; and payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state payroll tax forms. This segment also offers payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; QuickBooks Cash business bank account; and financial supplies and financing for small businesses. The Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProConnect segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	16.29B	14.37B	12.73B	9.63B	7.68B	6.78B	5.96B	5.18B	4.69B	4.19B	4.51B	4.17B	4.15B	3.85B	3.46B	3.18B	3.07B	2.67B	2.34B	2.04B	1.87B	1.58B	1.36B	1.26B	1.09B	847.60M	592.70M	598.90M	538.60M	395.70M	194.10M	121.40M
Cost of Revenue	3.47B	3.14B	2.41B	1.68B	1.38B	1.17B	977.00M	809.00M	752.00M	725.00M	668.00M	577.00M	760.00M	654.00M	604.00M	615.70M	624.26M	509.45M	426.19M	372.65M	361.60M	343.96M	296.83M	312.04M	77.98M	160.80M	94.40M	226.40M	109.30M	93.10M	51.00M	35.60M
Gross Profit	12.82B	11.23B	10.32B	7.95B	6.30B	5.62B	4.99B	4.37B	3.94B	3.47B	3.84B	3.59B	3.39B	3.20B	2.85B	2.57B	2.45B	2.16B	1.92B	1.67B	1.51B	1.24B	1.06B	949.42M	1.02B	686.80M	498.30M	372.50M	429.30M	302.60M	143.10M	85.80M
Gross Profit Ratio	78.72%	78.13%	81.09%	82.53%	82.05%	82.80%	83.62%	84.37%	83.98%	82.71%	85.18%	86.17%	81.69%	83.02%	82.52%	80.65%	79.70%	80.94%	81.80%	81.71%	80.64%	78.25%	78.15%	75.26%	92.87%	81.03%	84.07%	62.20%	79.71%	76.47%	73.72%	70.68%
Research & Development	2.75B	2.54B	2.35B	1.68B	1.39B	1.23B	1.19B	998.00M	881.00M	798.00M	758.00M	685.00M	669.00M	634.00M	573.00M	566.23M	605.82M	472.52M	398.98M	305.24M	281.13M	255.82M	203.52M	207.09M	169.08M	143.40M	108.60M	93.00M	0.00	53.40M	0.00	0.00
General & Administrative	1.42B	1.73B	1.46B	982.00M	679.00M	597.00M	664.00M	553.00M	518.00M	483.00M	481.00M	422.00M	388.00M	354.00M	348.00M	288.10M	294.97M	291.08M	270.29M	225.51M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	4.31B	3.33B	3.53B	2.64B	2.05B	1.93B	1.63B	1.42B	1.29B	1.29B	1.28B	1.22B	1.12B	1.11B	976.00M	927.17M	859.65M	742.37M	664.06M	583.41M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	5.73B	5.06B	4.99B	3.63B	2.73B	2.52B	2.30B	1.97B	1.81B	1.77B	1.76B	1.64B	1.51B	1.47B	1.32B	1.22B	1.15B	1.03B	934.35M	808.92M	747.29M	652.19M	562.35M	522.49M	487.66M	382.20M	319.20M	199.50M	366.80M	198.90M	281.70M	69.00M
Other Expenses	706.00M	3.56B	416.00M	146.00M	6.00M	6.00M	8.00M	-5.00M	-7.00M	-7.00M	4.00M	4.00M	5.00M	44.00M	42.00M	561.77M	4.00M	360.31M	9.90M	10.25M	14.14M	-56.53M	12.42M	14.95M	213.20M	141.30M	53.20M	58.70M	68.40M	64.00M	38.50M	3.60M
Operating Expenses	9.19B	8.08B	7.75B	5.45B	4.13B	3.76B	3.49B	2.97B	2.70B	2.58B	2.54B	2.36B	2.21B	2.16B	1.99B	1.84B	1.76B	1.51B	1.34B	1.12B	1.04B	851.49M	778.29M	744.52M	869.95M	666.90M	481.00M	351.20M	435.20M	316.30M	320.20M	72.60M
Cost & Expenses	12.66B	11.23B	10.16B	7.13B	5.50B	4.93B	4.47B	3.78B	3.45B	3.31B	3.21B	2.94B	2.97B	2.81B	2.59B	2.46B	2.39B	2.02B	1.77B	1.50B	1.40B	1.20B	1.08B	1.06B	947.93M	827.70M	575.40M	577.60M	544.50M	409.40M	371.20M	108.20M
Interest Income	147.00M	96.00M	52.00M	85.00M	36.00M	42.00M	26.00M	3.00M	0.00	1.00M	31.00M	7.00M	24.00M	19.00M	13.00M	21.47M	39.00M	45.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	251.00M	248.00M	81.00M	29.00M	14.00M	15.00M	20.00M	31.00M	39.00M	27.00M	31.00M	30.00M	50.00M	60.00M	61.00M	51.18M	52.00M	27.09M	0.00	0.00	0.00	0.00	198.29M	302.24M	0.00	0.00	37.20M	11.50M	0.00	7.50M	0.00	0.00
Depreciation & Amortization	789.00M	806.00M	746.00M	363.00M	218.00M	225.00M	253.00M	236.00M	238.00M	231.00M	197.00M	232.00M	242.00M	241.00M	256.00M	274.67M	216.46M	138.73M	117.01M	134.47M	115.72M	92.96M	74.84M	325.62M	213.20M	141.30M	53.20M	58.70M	68.40M	64.00M	38.50M	3.60M
EBITDA	4.58B	4.04B	3.37B	2.95B	2.43B	2.12B	1.84B	1.63B	1.48B	970.00M	1.53B	1.47B	1.43B	1.30B	1.13B	979.29M	966.74M	858.21M	692.08M	670.36M	536.35M	440.57M	289.91M	530.52M	359.10M	161.20M	70.50M	69.00M	62.50M	50.30M	-138.60M	16.80M
EBITDA Ratio	28.13%	28.14%	26.47%	30.60%	31.64%	31.26%	29.78%	31.56%	31.53%	26.67%	33.87%	35.29%	34.76%	33.68%	32.76%	32.09%	28.79%	29.29%	29.70%	33.69%	33.27%	27.86%	43.38%	70.74%	3.72%	-49.32%	18.15%	15.29%	10.19%	14.53%	-72.69%	13.34%
Operating Income	3.63B	3.14B	2.57B	2.50B	2.18B	1.85B	1.50B	1.40B	1.24B	738.00M	1.30B	1.23B	1.18B	1.01B	863.00M	682.06M	650.77M	637.57M	559.54M	524.10M	420.38M	343.23M	99.46M	-43.54M	145.90M	19.90M	17.30M	21.30M	-5.90M	-13.70M	-177.10M	13.20M
Operating Income Ratio	22.29%	21.86%	20.20%	25.95%	28.34%	27.33%	25.10%	26.95%	26.46%	17.60%	28.81%	29.56%	28.35%	26.15%	24.98%	21.43%	21.16%	23.85%	23.89%	25.72%	22.51%	21.70%	7.32%	-3.45%	13.34%	2.35%	2.92%	3.56%	-1.10%	-3.46%	-91.24%	10.87%
Total Other Income/Expenses	-80.00M	-152.00M	-29.00M	56.00M	22.00M	27.00M	6.00M	-28.00M	-39.00M	-26.00M	0.00	-23.00M	-17.00M	-11.00M	-48.00M	-28.63M	47.22M	58.84M	50.65M	27.36M	32.13M	44.73M	-28.91M	-53.80M	366.95M	597.40M	-37.20M	-500.00K	7.70M	-7.50M	2.60M	500.00K
Income Before Tax	3.55B	2.99B	2.54B	2.56B	2.20B	1.88B	1.50B	1.37B	1.20B	712.00M	1.30B	1.21B	1.15B	966.00M	815.00M	653.43M	697.99M	696.41M	610.21M	556.06M	452.90M	392.84M	84.94M	-97.34M	512.85M	617.30M	-19.90M	9.80M	1.80M	-21.20M	-174.50M	13.70M
Income Before Tax Ratio	21.80%	20.80%	19.97%	26.53%	28.62%	27.73%	25.20%	26.41%	25.63%	16.98%	28.81%	29.01%	27.73%	25.08%	23.59%	20.53%	22.70%	26.05%	26.05%	27.29%	24.25%	24.84%	6.25%	-7.72%	46.89%	72.83%	-3.36%	1.64%	0.33%	-5.36%	-89.90%	11.29%
Income Tax Expense	587.00M	605.00M	476.00M	494.00M	372.00M	324.00M	292.00M	396.00M	397.00M	299.00M	447.00M	387.00M	384.00M	332.00M	276.00M	205.22M	245.58M	251.61M	232.09M	181.07M	135.87M	129.64M	15.18M	-229.00K	207.18M	240.80M	-7.70M	12.70M	16.20M	24.20M	1.80M	5.30M
Net Income	2.96B	2.38B	2.07B	2.06B	1.83B	1.56B	1.21B	971.00M	979.00M	365.00M	897.00M	858.00M	792.00M	634.00M	574.00M	447.04M	476.76M	440.00M	416.96M	381.63M	317.03M	343.03M	140.16M	-82.79M	305.66M	376.50M	-12.20M	68.30M	-20.70M	-45.40M	-176.30M	8.40M
Net Income Ratio	18.19%	16.59%	16.23%	21.41%	23.78%	22.95%	20.31%	18.76%	20.86%	8.71%	19.91%	20.57%	19.08%	16.46%	16.61%	14.05%	15.50%	16.46%	17.80%	18.73%	16.97%	21.69%	10.32%	-6.56%	27.94%	44.42%	-2.06%	11.40%	-3.84%	-11.47%	-90.83%	6.92%
EPS	10.58	8.48	7.38	7.64	7.00	5.99	4.73	3.83	3.73	1.30	3.18	2.89	2.67	2.06	1.82	1.39	1.45	1.28	1.20	1.03	0.81	0.84	0.33	-0.20	0.76	1.01	-0.04	0.25	-0.08	-0.19	-0.90	0.06
EPS Diluted	10.43	8.42	7.27	7.55	6.92	5.90	4.64	3.78	3.69	1.28	3.12	2.83	2.60	2.00	1.77	1.35	1.41	1.24	1.16	1.01	0.79	0.81	0.32	-0.20	0.73	0.97	-0.04	0.25	-0.08	-0.19	-0.90	0.06
Weighted Avg Shares Out	280.00M	281.00M	280.00M	270.00M	261.00M	260.00M	256.00M	257.00M	262.00M	281.00M	285.00M	297.00M	296.00M	307.00M	316.00M	322.00M	329.00M	342.64M	347.85M	369.20M	390.91M	408.37M	424.73M	413.97M	401.54M	381.85M	314.29M	278.78M	270.89M	245.41M	196.98M	140.00M
Weighted Avg Shares Out (Dil)	284.00M	283.00M	284.00M	273.00M	264.00M	264.00M	261.00M	261.00M	265.00M	286.00M	291.00M	303.00M	305.00M	317.00M	325.00M	330.00M	339.00M	355.82M	360.47M	376.80M	400.16M	423.50M	438.00M	413.97M	422.54M	399.63M	327.78M	278.78M	270.89M	245.41M	196.98M	140.00M

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