Intuit (INTU) Financials

$776.15 -8.98 (-1.14%)

Closing price 08/1/2025 04:00 PM Eastern

Extended Trading

$775.50 -0.65 (-0.08%)

As of 08/1/2025 07:59 PM Eastern

Annual Income Statements for Intuit

This table shows Intuit's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Net Income / (Loss) Attributable to Common Shareholders	365	979	985	1,329	1,557	1,826	2,062	2,066	2,384	2,963
Consolidated Net Income / (Loss)	365	979	985	1,329	1,557	1,826	2,062	2,066	2,384	2,963
Net Income / (Loss) Continuing Operations	413	806	985	1,329	1,557	1,826	2,062	2,066	2,384	2,963
Total Pre-Tax Income	712	1,203	1,390	1,566	1,881	2,198	2,556	2,542	2,989	3,550
Total Operating Income	738	1,242	1,418	1,560	1,854	2,176	2,500	2,571	3,141	3,630
Total Gross Profit	3,497	3,964	4,398	5,062	5,637	6,323	8,000	10,460	11,388	12,966
Total Revenue	4,192	4,694	5,196	6,025	6,784	7,679	9,633	12,726	14,368	16,285
Operating Revenue	4,192	4,694	5,196	6,025	6,784	7,679	9,633	12,726	14,368	16,285
Total Cost of Revenue	695	730	798	963	1,147	1,356	1,633	2,266	2,980	3,319
Operating Cost of Revenue	695	730	798	963	1,147	1,356	1,633	2,266	2,980	3,319
Total Operating Expenses	2,759	2,722	2,980	3,502	3,783	4,147	5,500	7,889	8,247	9,336
Selling, General & Admin Expense	483	518	553	664	597	679	982	1,460	1,300	1,418
Marketing Expense	1,288	1,289	1,415	1,631	1,927	2,048	2,644	3,526	3,762	4,312
Research & Development Expense	798	881	998	1,186	1,233	1,392	1,678	2,347	2,539	2,754
Amortization Expense	42	34	14	21	26	28	196	556	646	629
Restructuring Charge	-	-	-	-	-	-	-	-	-	223
Total Other Income / (Expense), net	-26	-39	-28	6.00	27	22	56	-29	-152	-80
Interest Expense	27	35	31	20	15	14	29	81	248	242
Other Income / (Expense), net	1.00	-4.00	3.00	26	42	36	85	52	96	162
Income Tax Expense	299	397	405	237	324	372	494	476	605	587
Basic Earnings per Share	$1.30	$3.73	$3.83	$5.18	$5.99	$6.99	$7.65	$7.38	$8.49	$10.58
Weighted Average Basic Shares Outstanding	281M	262M	257M	256M	260M	261M	270M	280M	281M	280M
Diluted Earnings per Share	$1.28	$3.69	$3.78	$5.09	$5.89	$6.92	$7.56	$7.28	$8.42	$10.43
Weighted Average Diluted Shares Outstanding	286M	265M	261M	261M	264M	264M	273M	284M	283M	284M
Weighted Average Basic & Diluted Shares Outstanding	280.80M	262.50M	256.90M	256.60M	260.07M	261.81M	273.09M	281.87M	280.26M	280.29M
Cash Dividends to Common per Share	$1.00	$1.20	$1.36	$1.56	$1.88	$2.12	$2.36	$2.72	$3.12	$3.60

This table shows Intuit's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-56	40	168	2,087	89	241	353	2,389	-20	197	471
Consolidated Net Income / (Loss)	-56	40	168	2,087	89	241	353	2,389	-20	197	471
Net Income / (Loss) Continuing Operations	-56	40	168	2,087	89	241	353	2,389	-20	197	471
Total Pre-Tax Income	-99	32	228	2,734	-5.00	264	354	3,072	-140	213	571
Total Operating Income	-75	76	270	2,778	17	307	369	3,105	-151	271	593
Total Gross Profit	1,855	1,962	2,309	5,077	2,040	2,256	2,567	5,706	2,437	2,497	3,063
Total Revenue	2,414	2,597	3,041	6,018	2,712	2,978	3,386	6,737	3,184	3,283	3,963
Operating Revenue	2,414	2,597	3,041	6,018	2,712	2,978	3,386	6,737	3,184	3,283	3,963
Total Cost of Revenue	559	635	732	941	672	722	819	1,031	747	786	900
Operating Cost of Revenue	559	635	732	941	672	722	819	1,031	747	786	900
Total Operating Expenses	1,930	1,886	2,039	2,299	2,023	1,949	2,198	2,601	2,588	2,226	2,466
Selling, General & Admin Expense	334	304	323	332	341	342	344	355	377	394	389
Marketing Expense	807	795	924	1,203	840	769	1,020	1,419	1,104	962	1,204
Research & Development Expense	627	625	630	604	680	680	678	671	725	704	716
Amortization Expense	162	162	162	160	162	158	156	156	159	157	157
Total Other Income / (Expense), net	-24	-44	-42	-44	-22	-43	-15	-33	11	-58	-22
Interest Expense	32	49	65	66	68	65	57	60	60	60	60
Other Income / (Expense), net	8.00	5.00	23	22	46	22	42	27	71	2.00	38
Income Tax Expense	-43	-8.00	60	647	-94	23	1.00	683	-120	16	100
Basic Earnings per Share	($0.16)	$0.14	$0.60	$7.44	$0.31	$0.86	$1.26	$8.53	($0.07)	$0.70	$1.68
Weighted Average Basic Shares Outstanding	280M	281M	281M	281M	281M	280M	280M	280M	280M	280M	280M
Diluted Earnings per Share	($0.17)	$0.14	$0.60	$7.38	$0.30	$0.85	$1.25	$8.42	($0.09)	$0.70	$1.67
Weighted Average Diluted Shares Outstanding	284M	284M	282M	283M	283M	283M	284M	284M	284M	283M	283M
Weighted Average Basic & Diluted Shares Outstanding	281.87M	280.93M	280.55M	280.06M	280.26M	279.94M	279.98M	279.55M	280.29M	280.04M	279.56M
Cash Dividends to Common per Share	-	$0.78	$0.78	$0.78	-	$0.90	$0.90	$0.90	-	$1.04	$1.04

This table details how cash moves in and out of Intuit's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Net Change in Cash & Equivalents	-41	-170	-50	941	721	4,345	-3,878	178	-145	4,260
Net Cash From Operating Activities	1,589	1,460	1,599	2,112	2,324	2,414	3,250	3,889	5,046	4,884
Net Cash From Continuing Operating Activities	1,589	1,460	1,599	2,112	-790	2,414	3,250	3,889	5,046	4,884
Net Income / (Loss) Continuing Operations	365	979	985	1,329	0.00	1,826	2,062	2,066	2,384	2,963
Consolidated Net Income / (Loss)	365	979	985	1,329	-	1,826	2,062	2,066	2,384	2,963
Depreciation Expense	157	195	214	228	199	189	166	187	160	159
Amortization Expense	74	43	22	25	26	29	197	559	646	630
Non-Cash Adjustments To Reconcile Net Income	558	-56	339	462	1,973	238	836	1,513	1,255	2,115
Changes in Operating Assets and Liabilities, net	435	299	39	68	126	132	-11	-436	601	-983
Net Cash From Investing Activities	-182	371	-17	-532	-635	-97	-3,965	-5,421	-922	-227
Net Cash From Continuing Investing Activities	-182	371	-17	-532	-635	-97	-3,965	-5,421	-922	-227
Purchase of Property, Plant & Equipment	-261	-522	-230	-124	-155	-137	-125	-229	-260	-250
Acquisitions	-95	0.00	0.00	-363	-64	0.00	-3,064	-5,682	-33	-83
Purchase of Investments	-939	-934	-352	-407	-752	-701	-1,489	-1,763	-2,998	-3,318
Sale and/or Maturity of Investments	1,095	1,352	542	414	387	726	779	2,277	2,416	3,504
Other Investing Activities, net	18	12	23	-52	-51	15	-66	-24	-47	-80
Net Cash From Financing Activities	-1,422	-1,999	-1,632	-639	-965	2,034	-3,176	1,732	-4,269	-397
Net Cash From Continuing Financing Activities	-1,422	-1,999	-1,632	-639	-965	2,015	-3,176	1,732	-4,269	-397
Repayment of Debt	-1.00	-1,001	-663	-851	-58	-51	-1,340	-10	-1,033	-4,327
Repurchase of Common Equity	-1,245	-2,264	-839	-272	-556	-323	-1,005	-1,861	-1,967	-1,988
Payment of Dividends	-283	-318	-353	-407	-501	-561	-646	-774	-889	-1,034
Issuance of Debt	0.00	1,495	150	800	48	2,983	0.00	4,882	222	4,236
Issuance of Common Equity	220	197	226	295	284	211	196	162	228	282
Other Financing Activities, net	-113	-108	-153	-204	-182	-244	-381	-667	-830	2,434
Cash Interest Paid	32	37	42	19	17	14	30	67	272	200
Cash Income Taxes Paid	222	389	430	245	325	493	578	303	484	1,881

This table details how cash moves in and out of Intuit's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Net Change in Cash & Equivalents	-873	-857	-591	2,201	-898	945	644	2,040	631	935	-2,680
Net Cash From Operating Activities	339	328	284	3,592	842	-97	613	3,951	417	362	1,069
Net Cash From Continuing Operating Activities	339	328	284	3,592	842	-97	613	3,951	417	362	1,069
Net Income / (Loss) Continuing Operations	-56	40	168	2,087	89	241	353	2,389	-20	197	471
Consolidated Net Income / (Loss)	-56	40	168	2,087	89	241	353	2,389	-20	197	471
Depreciation Expense	45	47	47	33	33	33	36	42	48	44	42
Amortization Expense	163	162	162	160	162	158	156	156	160	157	157
Non-Cash Adjustments To Reconcile Net Income	404	428	215	348	264	410	328	507	560	593	552
Changes in Operating Assets and Liabilities, net	-217	-349	-308	964	294	-939	-260	857	-331	-629	-153
Net Cash From Investing Activities	-311	-256	-448	155	-373	210	34	-219	-252	-188	-489
Net Cash From Continuing Investing Activities	-311	-256	-448	155	-373	210	34	-219	-252	-188	-489
Purchase of Property, Plant & Equipment	-61	-77	-55	-88	-40	-84	-63	-61	-42	-33	-31
Purchase of Investments	-1,180	-256	-1,147	-763	-832	-469	-763	-1,258	-828	-972	-1,174
Sale and/or Maturity of Investments	332	378	502	1,016	520	753	902	1,114	735	820	196
Other Investing Activities, net	598	-301	285	-10	-21	10	-42	-14	-34	-3.00	520
Net Cash From Financing Activities	-897	-913	-442	-1,549	-1,365	849	-16	-1,684	454	761	-3,260
Net Cash From Continuing Financing Activities	-897	-913	-442	-1,549	-1,365	849	-16	-1,684	454	761	-3,260
Repayment of Debt	-1.00	0.00	-26	-506	-501	-4,183	-44	-1.00	1.00	0.00	-4.00
Repurchase of Common Equity	-524	-510	-507	-478	-472	-584	-551	-572	-281	-557	-717
Payment of Dividends	-194	-222	-224	-221	-222	-260	-256	-257	-261	-296	-300
Issuance of Debt	60	70	105	37	10	3,956	95	-	85	85	134
Issuance of Common Equity	46	60	21	69	78	92	77	57	56	96	79
Other Financing Activities, net	-284	-311	189	-450	-258	1,828	663	-911	854	1,433	-2,452

This table presents Intuit's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Total Assets	4,968	4,250	4,068	5,134	6,283	10,931	15,516	27,734	27,780	32,132
Total Current Assets	2,560	1,614	1,415	2,422	3,594	7,980	5,157	5,047	5,557	9,678
Cash & Equivalents	808	638	529	1,464	2,116	6,442	2,562	2,796	2,848	3,609
Short-Term Investments	889	442	248	252	624	608	1,308	485	814	465
Note & Lease Receivable	-	-	-	-	-	-	132	509	687	779
Accounts Receivable	91	108	103	98	87	149	391	446	405	457
Prepaid Expenses	94	102	100	202	266	314	184	287	354	366
Current Deferred & Refundable Income Taxes	315	20	63	39	65	12	123	93	29	78
Other Current Assets	-	-	-	-	-	-	457	431	420	3,921
Other Current Nonoperating Assets	26	-	-	-	-	-	-	-	0.00	3.00
Plant, Property, & Equipment, net	682	1,031	1,030	812	780	734	780	888	969	1,009
Total Noncurrent Assets	1,726	1,605	1,623	1,900	1,909	2,217	9,579	21,799	21,254	21,445
Long-Term Investments	27	28	31	13	13	19	43	98	105	131
Goodwill	1,266	1,282	1,295	1,611	1,655	1,654	5,613	13,736	13,780	13,844
Intangible Assets	87	44	22	61	54	28	3,252	7,061	6,419	5,820
Noncurrent Deferred & Refundable Income Taxes	5.00	139	132	-	1.00	65	8.00	11	64	698
Other Noncurrent Operating Assets	106	112	143	215	186	451	663	893	886	952
Total Liabilities & Shareholders' Equity	4,968	4,250	4,068	5,134	6,283	10,931	15,516	27,734	27,780	32,132
Total Liabilities	2,636	3,089	2,714	2,318	2,534	5,825	5,647	11,293	10,511	13,696
Total Current Liabilities	1,744	2,251	1,944	1,743	1,966	3,529	2,655	3,630	3,790	7,491
Short-Term Debt	0.00	512	50	50	50	1,338	0.00	499	0.00	499
Accounts Payable	190	184	157	178	274	305	623	737	638	721
Current Deferred Revenue	691	801	887	581	619	652	684	808	921	872
Current Employee Benefit Liabilities	283	289	300	369	385	482	530	576	665	921
Other Current Liabilities	150	161	178	198	202	297	818	1,002	868	4,478
Total Noncurrent Liabilities	892	838	770	575	568	2,296	2,992	7,663	6,721	6,205
Long-Term Debt	500	488	438	388	386	2,031	2,034	6,415	6,120	5,539
Other Noncurrent Operating Liabilities	172	146	130	119	145	263	433	629	601	666
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,332	1,161	1,354	2,816	3,749	5,106	9,869	16,441	17,269	18,436
Total Preferred & Common Equity	2,332	1,161	1,354	2,816	3,749	5,106	9,869	16,441	17,269	18,436
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,332	1,161	1,354	2,816	3,749	5,106	9,869	16,441	17,269	18,436
Common Stock	4,010	4,445	4,857	5,338	5,775	6,182	10,548	17,725	19,029	20,251
Retained Earnings	6,027	6,687	7,297	8,564	9,621	10,885	12,296	13,581	15,067	16,989
Treasury Stock	-7,675	-9,939	-10,778	-11,050	-11,611	-11,929	-12,951	-14,805	-16,772	-18,750
Accumulated Other Comprehensive Income / (Loss)	-30	-32	-22	-36	-36	-32	-24	-60	-55	-54

This table presents Intuit's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Total Assets	27,734	27,085	27,202	28,921	27,780	28,488	29,688	31,560	32,132	33,193	31,682
Total Current Assets	5,047	4,554	4,756	6,649	5,557	6,231	7,300	9,236	9,678	10,726	9,135
Cash & Equivalents	2,796	2,125	1,547	3,745	2,848	1,734	1,474	4,215	3,609	2,872	2,435
Short-Term Investments	485	599	524	523	814	537	15	463	465	486	24
Note & Lease Receivable	509	566	948	700	687	649	1,001	698	779	892	1,376
Accounts Receivable	446	384	903	717	405	372	928	790	457	426	1,017
Prepaid Expenses	287	324	391	574	354	388	345	337	366	407	845
Current Deferred & Refundable Income Taxes	93	88	67	2.00	29	17	126	4.00	78	27	90
Other Current Assets	431	468	376	388	420	2,525	3,390	2,722	3,921	5,606	3,334
Other Current Nonoperating Assets	-	-	-	-	0.00	9.00	21	7.00	3.00	10	14
Plant, Property, & Equipment, net	888	926	931	938	969	1,013	1,049	1,032	1,009	1,008	992
Total Noncurrent Assets	21,799	21,605	21,515	21,334	21,254	21,244	21,339	21,292	21,445	21,459	21,555
Long-Term Investments	98	98	108	102	105	107	128	129	131	90	88
Goodwill	13,736	13,732	13,779	13,778	13,780	13,776	13,779	13,778	13,844	13,844	13,841
Intangible Assets	7,061	6,899	6,737	6,580	6,419	6,261	6,104	5,950	5,820	5,662	5,505
Noncurrent Deferred & Refundable Income Taxes	11	10	12	13	64	214	383	512	698	798	934
Other Noncurrent Operating Assets	893	866	879	861	886	886	945	923	952	1,065	1,187
Total Liabilities & Shareholders' Equity	27,734	27,085	27,202	28,921	27,780	28,488	29,688	31,560	32,132	33,193	31,682
Total Liabilities	11,293	11,018	11,360	11,329	10,511	11,496	12,780	12,803	13,696	15,057	13,733
Total Current Liabilities	3,630	3,325	3,862	4,415	3,790	4,996	6,216	6,163	7,491	8,619	7,179
Short-Term Debt	499	499	501	501	0.00	0.00	0.00	-	499	499	500
Accounts Payable	737	670	811	921	638	630	789	886	721	652	1,038
Current Deferred Revenue	808	698	852	829	921	763	887	843	872	892	1,025
Current Employee Benefit Liabilities	576	401	502	625	665	439	547	689	921	413	623
Other Current Liabilities	1,002	1,057	1,196	886	868	3,031	3,992	3,308	4,478	6,142	3,993
Total Noncurrent Liabilities	7,663	7,693	7,498	6,914	6,721	6,500	6,564	6,640	6,205	6,438	6,554
Long-Term Debt	6,415	6,486	6,576	6,109	6,120	5,879	5,950	5,952	5,539	5,625	5,760
Other Noncurrent Operating Liabilities	629	619	602	615	601	618	611	685	666	813	794
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	16,441	16,067	15,842	17,592	17,269	16,992	16,908	18,757	18,436	18,136	17,949
Total Preferred & Common Equity	16,441	16,067	15,842	17,592	17,269	16,992	16,908	18,757	18,436	18,136	17,949
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	16,441	16,067	15,842	17,592	17,269	16,992	16,908	18,757	18,436	18,136	17,949
Common Stock	17,725	18,082	18,392	18,760	19,029	19,398	19,739	20,040	20,251	20,619	20,995
Retained Earnings	13,581	13,396	13,337	15,200	15,067	15,047	15,140	17,270	16,989	16,891	17,059
Treasury Stock	-14,805	-15,324	-15,824	-16,307	-16,772	-17,375	-17,911	-18,495	-18,750	-19,320	-20,041
Accumulated Other Comprehensive Income / (Loss)	-60	-87	-63	-61	-55	-78	-60	-58	-54	-54	-64

This table displays calculated financial ratios and metrics derived from Intuit's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.20%	11.98%	10.69%	15.95%	12.60%	13.19%	25.45%	32.11%	12.90%	13.34%
EBITDA Growth	-36.52%	52.16%	12.26%	10.98%	15.33%	14.57%	21.32%	14.28%	20.01%	13.31%
EBIT Growth	-44.48%	67.52%	14.78%	11.61%	19.55%	16.67%	16.86%	1.47%	23.41%	17.15%
NOPAT Growth	-49.81%	94.39%	20.76%	31.75%	15.92%	17.79%	11.57%	3.61%	19.89%	20.94%
Net Income Growth	-59.76%	168.22%	0.61%	34.92%	17.16%	17.28%	12.92%	0.19%	15.39%	24.29%
EPS Growth	-58.97%	188.28%	2.44%	34.66%	15.72%	17.49%	9.25%	-3.70%	15.66%	23.87%
Operating Cash Flow Growth	9.89%	-8.12%	9.52%	32.08%	10.04%	3.87%	34.63%	19.66%	29.75%	-3.21%
Free Cash Flow Firm Growth	-14.32%	-4.43%	44.78%	-24.17%	104.93%	9.20%	-371.07%	-97.05%	128.89%	-16.56%
Invested Capital Growth	-34.98%	11.62%	-11.62%	74.92%	-13.99%	-4.52%	740.17%	150.01%	-1.77%	3.28%
Revenue Q/Q Growth	6.21%	1.25%	2.10%	0.05%	1.95%	11.99%	8.38%	-1.14%	2.12%	2.98%
EBITDA Q/Q Growth	-7.00%	5.81%	4.28%	-10.03%	2.51%	34.11%	-0.67%	-10.18%	2.98%	-2.76%
EBIT Q/Q Growth	-10.21%	6.82%	5.10%	-11.45%	2.99%	39.56%	-3.11%	-15.39%	4.18%	-3.63%
NOPAT Q/Q Growth	-10.67%	7.92%	8.00%	-5.82%	-0.84%	38.28%	-3.05%	-16.59%	6.24%	-4.31%
Net Income Q/Q Growth	13.35%	-5.23%	8.60%	-5.41%	-0.38%	36.57%	-3.06%	-17.43%	6.48%	-3.55%
EPS Q/Q Growth	10.34%	-6.35%	11.18%	-5.21%	-0.84%	36.76%	-3.08%	-18.11%	5.91%	-3.60%
Operating Cash Flow Q/Q Growth	-2.99%	-9.20%	-0.56%	13.61%	-3.53%	20.40%	8.51%	-4.96%	11.07%	-8.01%
Free Cash Flow Firm Q/Q Growth	-12.83%	-17.13%	19.66%	-32.57%	41.08%	39.90%	-8.15%	-6.59%	58.93%	-23.12%
Invested Capital Q/Q Growth	79.41%	218.72%	161.66%	168.68%	28.35%	25.30%	6.78%	3.65%	-1.06%	1.86%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	83.42%	84.45%	84.64%	84.02%	83.09%	82.34%	83.05%	82.19%	79.26%	79.62%
EBITDA Margin	23.14%	31.44%	31.89%	30.52%	31.26%	31.64%	30.60%	26.47%	28.14%	28.13%
Operating Margin	17.61%	26.46%	27.29%	25.89%	27.33%	28.34%	25.95%	20.20%	21.86%	22.29%
EBIT Margin	17.63%	26.37%	27.35%	26.32%	27.95%	28.81%	26.83%	20.61%	22.53%	23.29%
Profit (Net Income) Margin	8.71%	20.86%	18.96%	22.06%	22.95%	23.78%	21.41%	16.23%	16.59%	18.19%
Tax Burden Percent	51.26%	81.38%	70.86%	84.87%	82.78%	83.08%	80.67%	81.27%	79.76%	83.46%
Interest Burden Percent	96.35%	97.17%	97.82%	98.74%	99.21%	99.37%	98.88%	96.91%	92.34%	93.62%
Effective Tax Rate	41.99%	33.00%	29.14%	15.13%	17.22%	16.92%	19.33%	18.73%	20.24%	16.54%
Return on Invested Capital (ROIC)	50.27%	117.20%	142.43%	145.48%	142.49%	185.69%	45.11%	14.94%	12.65%	15.19%
ROIC Less NNEP Spread (ROIC-NNEP)	53.68%	103.03%	146.02%	145.05%	141.48%	185.16%	43.62%	12.10%	8.54%	12.00%
Return on Net Nonoperating Assets (RNNOA)	-36.78%	-61.15%	-64.10%	-81.74%	-95.06%	-144.45%	-17.57%	0.76%	1.49%	1.41%
Return on Equity (ROE)	13.49%	56.06%	78.33%	63.74%	47.43%	41.24%	27.54%	15.71%	14.14%	16.60%
Cash Return on Invested Capital (CROIC)	92.67%	106.22%	154.76%	90.98%	157.53%	190.32%	-112.34%	-70.77%	14.44%	11.96%
Operating Return on Assets (OROA)	14.53%	26.86%	34.17%	34.47%	33.21%	25.70%	19.55%	12.13%	11.66%	12.66%
Return on Assets (ROA)	7.18%	21.24%	23.68%	28.89%	27.28%	21.22%	15.59%	9.55%	8.59%	9.89%
Return on Common Equity (ROCE)	13.49%	56.06%	78.33%	63.74%	47.43%	41.24%	27.54%	15.71%	14.14%	16.60%
Return on Equity Simple (ROE_SIMPLE)	15.65%	84.32%	72.75%	47.19%	41.53%	35.76%	20.89%	12.57%	13.81%	16.07%
Net Operating Profit after Tax (NOPAT)	428	832	1,005	1,324	1,535	1,808	2,017	2,090	2,505	3,030
NOPAT Margin	10.21%	17.73%	19.34%	21.97%	22.62%	23.54%	20.94%	16.42%	17.44%	18.60%
Net Nonoperating Expense Percent (NNEP)	-3.40%	14.17%	-3.59%	0.43%	1.01%	0.53%	1.50%	2.85%	4.12%	3.19%
Cost of Revenue to Revenue	16.58%	15.55%	15.36%	15.98%	16.91%	17.66%	16.95%	17.81%	20.74%	20.38%
SG&A Expenses to Revenue	11.52%	11.04%	10.64%	11.02%	8.80%	8.84%	10.19%	11.47%	9.05%	8.71%
R&D to Revenue	19.04%	18.77%	19.21%	19.68%	18.18%	18.13%	17.42%	18.44%	17.67%	16.91%
Operating Expenses to Revenue	65.82%	57.99%	57.35%	58.12%	55.76%	54.00%	57.10%	61.99%	57.40%	57.33%
Earnings before Interest and Taxes (EBIT)	739	1,238	1,421	1,586	1,896	2,212	2,585	2,623	3,237	3,792
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	970	1,476	1,657	1,839	2,121	2,430	2,948	3,369	4,043	4,581
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	11.60	22.96	24.65	17.84	18.53	15.24	14.40	7.72	8.25	9.82
Price to Tangible Book Value (P/TBV)	27.62	0.00	902.18	43.90	34.05	22.72	141.54	0.00	0.00	0.00
Price to Revenue (P/Rev)	6.45	5.68	6.42	8.34	10.24	10.13	14.75	9.98	9.91	11.11
Price to Earnings (P/E)	74.09	27.23	33.89	37.79	44.61	42.60	68.92	61.45	59.75	61.07
Dividend Yield	1.02%	1.15%	1.04%	0.80%	0.70%	0.71%	0.57%	0.60%	0.61%	0.56%
Earnings Yield	1.35%	3.67%	2.95%	2.65%	2.24%	2.35%	1.45%	1.63%	1.67%	1.64%
Enterprise Value to Invested Capital (EV/IC)	37.98	35.04	49.38	41.94	66.97	77.43	17.55	6.53	7.38	9.02
Enterprise Value to Revenue (EV/Rev)	6.08	5.59	6.29	8.06	9.83	9.59	14.56	10.25	10.08	11.22
Enterprise Value to EBITDA (EV/EBITDA)	26.27	17.78	19.73	26.41	31.45	30.30	47.57	38.73	35.81	39.90
Enterprise Value to EBIT (EV/EBIT)	34.48	21.20	23.00	30.62	35.18	33.29	54.25	49.75	44.73	48.21
Enterprise Value to NOPAT (EV/NOPAT)	59.53	31.54	32.53	36.68	43.46	40.74	69.53	62.45	57.80	60.33
Enterprise Value to Operating Cash Flow (EV/OCF)	16.04	17.98	20.44	23.00	28.70	30.50	43.15	33.55	28.70	37.43
Enterprise Value to Free Cash Flow (EV/FCFF)	32.29	34.80	29.94	58.66	39.31	39.75	0.00	0.00	50.64	76.62
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.86	0.36	0.16	0.12	0.66	0.21	0.42	0.35	0.33
Long-Term Debt to Equity	0.21	0.42	0.32	0.14	0.10	0.40	0.21	0.39	0.35	0.30
Financial Leverage	-0.69	-0.59	-0.44	-0.56	-0.67	-0.78	-0.40	0.06	0.17	0.12
Leverage Ratio	1.88	2.64	3.31	2.21	1.74	1.94	1.77	1.64	1.65	1.68
Compound Leverage Factor	1.81	2.56	3.24	2.18	1.73	1.93	1.75	1.59	1.52	1.57
Debt to Total Capital	17.66%	46.27%	26.49%	13.46%	10.42%	39.75%	17.09%	29.60%	26.17%	24.67%
Short-Term Debt to Total Capital	0.00%	23.69%	2.71%	1.54%	1.19%	15.79%	0.00%	2.14%	0.00%	2.04%
Long-Term Debt to Total Capital	17.66%	22.58%	23.78%	11.92%	9.22%	23.96%	17.09%	27.47%	26.17%	22.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	82.34%	53.73%	73.51%	86.54%	89.58%	60.25%	82.91%	70.40%	73.83%	75.33%
Debt to EBITDA	0.52	0.68	0.29	0.24	0.21	1.39	0.69	2.05	1.51	1.32
Net Debt to EBITDA	-1.61	-0.28	-0.42	-0.90	-1.30	-1.71	-0.64	1.05	0.58	0.40
Long-Term Debt to EBITDA	0.52	0.33	0.26	0.21	0.18	0.84	0.69	1.90	1.51	1.21
Debt to NOPAT	1.17	1.20	0.49	0.33	0.28	1.86	1.01	3.31	2.44	1.99
Net Debt to NOPAT	-3.65	-0.50	-0.69	-1.25	-1.79	-2.30	-0.93	1.69	0.94	0.61
Long-Term Debt to NOPAT	1.17	0.59	0.44	0.29	0.25	1.12	1.01	3.07	2.44	1.83
Altman Z-Score	9.39	9.27	12.16	17.69	20.98	11.27	17.57	8.26	9.87	9.65
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.47	0.72	0.73	1.39	1.83	2.26	1.94	1.39	1.47	1.29
Quick Ratio	1.03	0.53	0.45	1.04	1.44	2.04	1.65	1.17	1.25	0.71
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	789	754	1,092	828	1,697	1,853	-5,022	-9,896	2,859	2,386
Operating Cash Flow to CapEx	608.81%	279.69%	695.22%	1,703.23%	1,499.35%	1,762.04%	2,600.00%	1,698.25%	1,940.77%	1,953.60%
Free Cash Flow to Firm to Interest Expense	29.23	21.55	35.22	41.40	113.11	132.34	-173.18	-122.18	11.53	9.86
Operating Cash Flow to Interest Expense	58.85	41.71	51.58	105.60	154.93	172.43	112.07	48.01	20.35	20.18
Operating Cash Flow Less CapEx to Interest Expense	49.19	26.80	44.16	99.40	144.60	162.64	107.76	45.19	19.30	19.15
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	1.02	1.25	1.31	1.19	0.89	0.73	0.59	0.52	0.54
Accounts Receivable Turnover	40.70	47.18	49.25	59.95	73.34	65.08	35.68	30.41	33.77	37.78
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	6.60	5.48	5.04	6.54	8.52	10.14	12.73	15.26	15.47	16.47
Accounts Payable Turnover	4.15	3.90	4.68	5.75	5.08	4.68	3.52	3.33	4.33	4.88
Days Sales Outstanding (DSO)	8.97	7.74	7.41	6.09	4.98	5.61	10.23	12.00	10.81	9.66
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	87.97	93.50	77.99	63.49	71.92	77.93	103.71	109.53	84.21	74.73
Cash Conversion Cycle (CCC)	-79.00	-85.76	-70.57	-57.40	-66.94	-72.32	-93.48	-97.53	-73.40	-65.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	671	749	662	1,158	996	951	7,990	19,976	19,622	20,266
Invested Capital Turnover	4.92	6.61	7.37	6.62	6.30	7.89	2.15	0.91	0.73	0.82
Increase / (Decrease) in Invested Capital	-361	78	-87	496	-162	-45	7,039	11,986	-354	644
Enterprise Value (EV)	25,482	26,243	32,689	48,567	66,701	73,638	140,228	130,492	144,799	182,798
Market Capitalization	27,043	26,655	33,381	50,225	69,454	77,793	142,107	126,957	142,446	180,965
Book Value per Share	$8.46	$4.54	$5.28	$10.97	$14.46	$19.58	$36.12	$58.29	$61.66	$65.95
Tangible Book Value per Share	$3.55	($0.64)	$0.14	$4.46	$7.87	$13.13	$3.67	($15.44)	($10.46)	($4.39)
Total Capital	2,832	2,161	1,842	3,254	4,185	8,475	11,903	23,355	23,389	24,474
Total Debt	500	1,000	488	438	436	3,369	2,034	6,914	6,120	6,038
Total Long-Term Debt	500	488	438	388	386	2,031	2,034	6,415	6,120	5,539
Net Debt	-1,561	-412	-692	-1,658	-2,753	-4,155	-1,879	3,535	2,353	1,833
Capital Expenditures (CapEx)	261	522	230	124	155	137	125	229	260	250
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,218	-1,509	-1,628	-1,354	-1,498	-1,716	-1,368	-1,365	-1,895	-1,388
Debt-free Net Working Capital (DFNWC)	816	-125	-479	729	1,678	5,789	2,502	1,916	1,767	2,686
Net Working Capital (NWC)	816	-637	-529	679	1,628	4,451	2,502	1,417	1,767	2,187
Net Nonoperating Expense (NNE)	63	-147	20	-5.09	-22	-18	-45	24	121	67
Net Nonoperating Obligations (NNO)	-1,661	-412	-692	-1,658	-2,753	-4,155	-1,879	3,535	2,353	1,830
Total Depreciation and Amortization (D&A)	231	238	236	253	225	218	363	746	806	789
Debt-free, Cash-free Net Working Capital to Revenue	-29.06%	-32.15%	-31.33%	-22.47%	-22.08%	-22.35%	-14.20%	-10.73%	-13.19%	-8.52%
Debt-free Net Working Capital to Revenue	19.47%	-2.66%	-9.22%	12.10%	24.73%	75.39%	25.97%	15.06%	12.30%	16.49%
Net Working Capital to Revenue	19.47%	-13.57%	-10.18%	11.27%	24.00%	57.96%	25.97%	11.13%	12.30%	13.43%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.30	$3.73	$3.78	$4.72	$5.99	$6.99	$7.65	$7.38	$8.49	$10.58
Adjusted Weighted Average Basic Shares Outstanding	281M	262M	257M	256M	260M	261M	270M	280M	281M	280M
Adjusted Diluted Earnings per Share	$1.28	$3.69	$3.72	$4.64	$5.89	$6.92	$7.56	$7.28	$8.42	$10.43
Adjusted Weighted Average Diluted Shares Outstanding	286M	265M	261M	261M	264M	264M	273M	284M	283M	284M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$5.99	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	277.31M	257.94M	254.97M	258.67M	260.07M	261.81M	273.09M	281.87M	280.26M	280.29M
Normalized Net Operating Profit after Tax (NOPAT)	514	832	1,005	1,324	1,535	1,808	2,017	2,090	2,505	3,216
Normalized NOPAT Margin	12.26%	17.73%	19.34%	21.97%	22.62%	23.54%	20.94%	16.42%	17.44%	19.75%
Pre Tax Income Margin	16.98%	25.63%	26.75%	25.99%	27.73%	28.62%	26.53%	19.97%	20.80%	21.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	27.37	35.37	45.84	79.30	126.40	158.00	89.14	32.38	13.05	15.67
NOPAT to Interest Expense	15.85	23.78	32.41	66.20	102.31	129.12	69.55	25.80	10.10	12.52
EBIT Less CapEx to Interest Expense	17.70	20.46	38.42	73.10	116.07	148.21	84.83	29.56	12.00	14.64
NOPAT Less CapEx to Interest Expense	6.19	8.86	24.99	60.00	91.98	119.34	65.24	22.97	9.05	11.49
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	77.53%	32.48%	35.84%	30.62%	32.18%	30.72%	31.33%	37.46%	37.29%	34.90%
Augmented Payout Ratio	418.63%	263.74%	121.02%	51.09%	67.89%	48.41%	80.07%	127.54%	119.80%	101.99%

This table displays calculated financial ratios and metrics derived from Intuit's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.74%	29.40%	13.77%	6.85%	12.34%	14.67%	11.35%	11.95%	17.40%	10.24%	17.04%
EBITDA Growth	-73.04%	-19.22%	88.72%	14.98%	82.98%	79.31%	20.12%	11.26%	-50.39%	-8.85%	37.65%
EBIT Growth	-116.34%	-66.94%	474.51%	16.96%	194.03%	306.17%	40.27%	11.86%	-226.98%	-17.02%	53.53%
NOPAT Growth	-113.85%	-49.15%	6.58%	17.12%	122.67%	195.00%	84.95%	13.87%	-988.24%	-10.57%	32.94%
Net Income Growth	-114.74%	-82.46%	68.00%	16.33%	258.93%	502.50%	110.12%	14.47%	-122.47%	-18.26%	33.43%
EPS Growth	-111.81%	-82.93%	71.43%	17.52%	276.47%	507.14%	108.33%	14.09%	-130.00%	-17.65%	33.60%
Operating Cash Flow Growth	-37.45%	126.21%	234.12%	8.19%	148.38%	-129.57%	115.85%	9.99%	-50.48%	473.20%	74.39%
Free Cash Flow Firm Growth	-80.76%	-80.63%	99.24%	115.65%	103.04%	100.22%	-20.41%	50.59%	-304.89%	-356.56%	154.58%
Invested Capital Growth	150.01%	148.83%	1.43%	2.90%	-1.77%	1.26%	2.31%	0.32%	3.28%	1.55%	2.02%
Revenue Q/Q Growth	-57.14%	7.58%	17.10%	97.90%	-54.94%	9.81%	13.70%	98.97%	-52.74%	3.11%	20.71%
EBITDA Q/Q Growth	-94.58%	105.67%	73.10%	496.22%	-91.38%	101.55%	15.96%	452.24%	-96.16%	270.31%	75.11%
EBIT Q/Q Growth	-102.80%	220.90%	261.73%	855.63%	-97.75%	422.22%	24.92%	662.04%	-102.55%	441.25%	131.14%
NOPAT Q/Q Growth	-102.90%	280.95%	109.42%	965.90%	-99.44%	2,255.07%	31.29%	556.23%	-104.38%	337.13%	95.16%
Net Income Q/Q Growth	-103.12%	171.43%	320.00%	1,142.26%	-95.74%	170.79%	46.47%	576.77%	-100.84%	1,085.00%	139.09%
EPS Q/Q Growth	-102.71%	182.35%	328.57%	1,130.00%	-95.94%	183.33%	47.06%	573.60%	-101.07%	877.78%	138.57%
Operating Cash Flow Q/Q Growth	-89.79%	-3.24%	-13.41%	1,164.79%	-76.56%	-111.52%	731.96%	544.54%	-89.45%	-13.19%	195.30%
Free Cash Flow Firm Q/Q Growth	-20.63%	0.28%	99.22%	1,778.18%	-76.57%	-92.82%	-526.77%	2,198.91%	-131.88%	91.02%	190.78%
Invested Capital Q/Q Growth	3.65%	1.27%	2.52%	-4.38%	-1.06%	4.39%	3.59%	-6.24%	1.86%	2.64%	4.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	76.84%	75.55%	75.93%	84.36%	75.22%	75.76%	75.81%	84.70%	76.54%	76.06%	77.29%
EBITDA Margin	5.84%	11.17%	16.51%	49.73%	9.51%	17.46%	17.81%	49.43%	4.02%	14.44%	20.94%
Operating Margin	-3.11%	2.93%	8.88%	46.16%	0.63%	10.31%	10.90%	46.09%	-4.74%	8.25%	14.96%
EBIT Margin	-2.78%	3.12%	9.64%	46.53%	2.32%	11.05%	12.14%	46.49%	-2.51%	8.32%	15.92%
Profit (Net Income) Margin	-2.32%	1.54%	5.52%	34.68%	3.28%	8.09%	10.43%	35.46%	-0.63%	6.00%	11.88%
Tax Burden Percent	56.57%	125.00%	73.68%	76.34%	-1,780.00%	91.29%	99.72%	77.77%	14.29%	92.49%	82.49%
Interest Burden Percent	147.76%	39.51%	77.82%	97.64%	-7.94%	80.24%	86.13%	98.08%	175.00%	78.02%	90.49%
Effective Tax Rate	0.00%	-25.00%	26.32%	23.67%	0.00%	8.71%	0.28%	22.23%	0.00%	7.51%	17.51%
Return on Invested Capital (ROIC)	-1.98%	3.44%	4.35%	25.36%	0.32%	6.82%	7.82%	28.53%	-2.71%	6.14%	9.89%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.40%	-0.86%	3.71%	23.88%	2.94%	5.79%	7.49%	27.01%	1.39%	4.39%	9.43%
Return on Net Nonoperating Assets (RNNOA)	-0.15%	-0.09%	1.15%	3.15%	0.51%	1.34%	2.11%	2.51%	0.16%	0.77%	2.17%
Return on Equity (ROE)	-2.13%	3.35%	5.50%	28.50%	0.83%	8.16%	9.93%	31.04%	-2.55%	6.91%	12.05%
Cash Return on Invested Capital (CROIC)	-70.77%	-71.43%	8.52%	9.20%	14.44%	12.05%	11.40%	15.62%	11.96%	12.98%	12.56%
Operating Return on Assets (OROA)	-1.63%	1.98%	4.93%	22.80%	1.20%	5.86%	6.44%	24.31%	-1.37%	4.47%	8.91%
Return on Assets (ROA)	-1.37%	0.98%	2.83%	16.99%	1.70%	4.30%	5.53%	18.54%	-0.34%	3.23%	6.65%
Return on Common Equity (ROCE)	-2.13%	3.35%	5.50%	28.50%	0.83%	8.16%	9.93%	31.04%	-2.55%	6.91%	12.05%
Return on Equity Simple (ROE_SIMPLE)	0.00%	11.69%	12.28%	12.73%	0.00%	15.21%	16.38%	16.38%	0.00%	16.10%	16.92%
Net Operating Profit after Tax (NOPAT)	-53	95	199	2,121	12	280	368	2,415	-106	251	489
NOPAT Margin	-2.17%	3.66%	6.54%	35.24%	0.44%	9.41%	10.87%	35.84%	-3.32%	7.63%	12.34%
Net Nonoperating Expense Percent (NNEP)	0.42%	4.30%	0.63%	1.48%	-2.62%	1.03%	0.32%	1.52%	-4.10%	1.74%	0.45%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	1.61%	-	-	-	2.02%
Cost of Revenue to Revenue	23.16%	24.45%	24.07%	15.64%	24.78%	24.24%	24.19%	15.30%	23.46%	23.94%	22.71%
SG&A Expenses to Revenue	13.84%	11.71%	10.62%	5.52%	12.57%	11.48%	10.16%	5.27%	11.84%	12.00%	9.82%
R&D to Revenue	25.97%	24.07%	20.72%	10.04%	25.07%	22.83%	20.02%	9.96%	22.77%	21.44%	18.07%
Operating Expenses to Revenue	79.95%	72.62%	67.05%	38.20%	74.59%	65.45%	64.91%	38.61%	81.28%	67.80%	62.23%
Earnings before Interest and Taxes (EBIT)	-67	81	293	2,800	63	329	411	3,132	-80	273	631
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	141	290	502	2,993	258	520	603	3,330	128	474	830
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.72	7.41	7.42	7.03	8.25	8.12	10.39	9.33	9.82	9.43	9.38
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	9.98	8.95	8.59	8.78	9.91	9.35	11.64	11.06	11.11	10.31	9.81
Price to Earnings (P/E)	61.45	63.43	60.44	55.20	59.75	53.34	63.41	56.94	61.07	58.60	55.46
Dividend Yield	0.60%	0.67%	0.70%	0.69%	0.61%	0.66%	0.54%	0.56%	0.56%	0.61%	0.65%
Earnings Yield	1.63%	1.58%	1.65%	1.81%	1.67%	1.87%	1.58%	1.76%	1.64%	1.71%	1.80%
Enterprise Value to Invested Capital (EV/IC)	6.53	6.09	5.91	6.34	7.38	6.90	8.48	8.85	9.02	8.35	7.95
Enterprise Value to Revenue (EV/Rev)	10.25	9.26	8.95	8.94	10.08	9.59	11.92	11.13	11.22	10.47	10.03
Enterprise Value to EBITDA (EV/EBITDA)	38.73	37.36	34.65	32.05	35.81	33.09	41.15	37.37	39.90	38.31	36.15
Enterprise Value to EBIT (EV/EBIT)	49.75	50.13	45.36	40.50	44.73	40.57	49.95	44.74	48.21	46.50	43.52
Enterprise Value to NOPAT (EV/NOPAT)	62.45	62.54	59.84	53.36	57.80	52.25	62.66	55.61	60.33	57.95	55.17
Enterprise Value to Operating Cash Flow (EV/OCF)	33.55	30.27	28.68	27.70	28.70	30.60	36.36	33.16	37.43	32.52	29.69
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	69.79	69.94	50.64	57.66	75.23	56.74	76.62	64.82	63.94
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.42	0.43	0.45	0.38	0.35	0.35	0.35	0.32	0.33	0.34	0.35
Long-Term Debt to Equity	0.39	0.40	0.42	0.35	0.35	0.35	0.35	0.32	0.30	0.31	0.32
Financial Leverage	0.06	0.10	0.31	0.13	0.17	0.23	0.28	0.09	0.12	0.18	0.23
Leverage Ratio	1.64	1.63	1.70	1.66	1.65	1.68	1.74	1.66	1.68	1.76	1.76
Compound Leverage Factor	2.43	0.64	1.32	1.62	-0.13	1.35	1.50	1.63	2.94	1.37	1.59
Debt to Total Capital	29.60%	30.30%	30.88%	27.31%	26.17%	25.71%	26.03%	24.09%	24.67%	25.24%	25.86%
Short-Term Debt to Total Capital	2.14%	2.16%	2.19%	2.07%	0.00%	0.00%	0.00%	0.00%	2.04%	2.06%	2.07%
Long-Term Debt to Total Capital	27.47%	28.14%	28.69%	25.24%	26.17%	25.71%	26.03%	24.09%	22.63%	23.19%	23.79%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	70.40%	69.70%	69.12%	72.69%	73.83%	74.30%	73.97%	75.91%	75.33%	74.76%	74.14%
Debt to EBITDA	2.05	2.12	2.00	1.68	1.51	1.38	1.36	1.26	1.32	1.35	1.31
Net Debt to EBITDA	1.05	1.26	1.39	0.57	0.58	0.82	0.99	0.24	0.40	0.59	0.78
Long-Term Debt to EBITDA	1.90	1.97	1.86	1.56	1.51	1.38	1.36	1.26	1.21	1.24	1.21
Debt to NOPAT	3.31	3.54	3.46	2.80	2.44	2.17	2.07	1.88	1.99	2.04	2.01
Net Debt to NOPAT	1.69	2.11	2.39	0.95	0.94	1.29	1.51	0.36	0.61	0.89	1.19
Long-Term Debt to NOPAT	3.07	3.29	3.21	2.59	2.44	2.17	2.07	1.88	1.83	1.88	1.85
Altman Z-Score	7.94	7.74	7.48	8.18	9.49	8.54	9.56	9.91	9.25	8.13	8.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.39	1.37	1.23	1.51	1.47	1.25	1.17	1.50	1.29	1.24	1.27
Quick Ratio	1.17	1.11	1.02	1.29	1.25	0.66	0.55	1.00	0.71	0.54	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-12,039	-12,005	-93	1,562	366	26	-112	2,352	-750	-67	61
Operating Cash Flow to CapEx	555.74%	425.97%	516.36%	4,081.82%	2,105.00%	-115.48%	973.02%	6,477.05%	992.86%	1,096.97%	3,448.39%
Free Cash Flow to Firm to Interest Expense	-376.20	-245.00	-1.43	23.66	5.38	0.40	-1.97	39.19	-12.50	-1.12	1.02
Operating Cash Flow to Interest Expense	10.59	6.69	4.37	54.42	12.38	-1.49	10.75	65.85	6.95	6.03	17.82
Operating Cash Flow Less CapEx to Interest Expense	8.69	5.12	3.52	53.09	11.79	-2.78	9.65	64.83	6.25	5.48	17.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.59	0.63	0.51	0.49	0.52	0.53	0.53	0.52	0.54	0.54	0.56
Accounts Receivable Turnover	30.41	33.50	15.27	19.34	33.77	39.02	16.49	20.99	37.78	41.58	17.65
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	15.26	15.53	15.53	15.67	15.47	15.21	15.25	16.05	16.47	16.42	16.82
Accounts Payable Turnover	3.33	4.16	3.20	3.15	4.33	4.72	3.94	3.59	4.88	5.28	3.79
Days Sales Outstanding (DSO)	12.00	10.90	23.90	18.87	10.81	9.35	22.14	17.39	9.66	8.78	20.68
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	109.53	87.71	114.16	115.92	84.21	77.36	92.58	101.66	74.73	69.16	96.26
Cash Conversion Cycle (CCC)	-97.53	-76.81	-90.26	-97.04	-73.40	-68.00	-70.44	-84.27	-65.07	-60.38	-75.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	19,976	20,230	20,740	19,832	19,622	20,484	21,220	19,895	20,266	20,802	21,648
Invested Capital Turnover	0.91	0.94	0.66	0.72	0.73	0.72	0.72	0.80	0.82	0.80	0.80
Increase / (Decrease) in Invested Capital	11,986	12,100	292	559	-354	254	480	63	644	318	428
Enterprise Value (EV)	130,492	123,278	122,510	125,826	144,799	141,391	179,987	176,063	182,798	173,738	172,157
Market Capitalization	126,957	119,115	117,612	123,586	142,446	137,890	175,654	174,918	180,965	171,062	168,444
Book Value per Share	$58.29	$57.00	$56.39	$62.71	$61.66	$60.63	$60.40	$66.99	$65.95	$64.70	$64.10
Tangible Book Value per Share	($15.44)	($16.19)	($16.64)	($9.86)	($10.46)	($10.86)	($10.63)	($3.47)	($4.39)	($4.89)	($4.99)
Total Capital	23,355	23,052	22,919	24,202	23,389	22,871	22,858	24,709	24,474	24,260	24,209
Total Debt	6,914	6,985	7,077	6,610	6,120	5,879	5,950	5,952	6,038	6,124	6,260
Total Long-Term Debt	6,415	6,486	6,576	6,109	6,120	5,879	5,950	5,952	5,539	5,625	5,760
Net Debt	3,535	4,163	4,898	2,240	2,353	3,501	4,333	1,145	1,833	2,676	3,713
Capital Expenditures (CapEx)	61	77	55	88	40	84	63	61	42	33	31
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,365	-996	-676	-1,533	-1,895	-1,036	-405	-1,605	-1,388	-752	-3.00
Debt-free Net Working Capital (DFNWC)	1,916	1,728	1,395	2,735	1,767	1,235	1,084	3,073	2,686	2,606	2,456
Net Working Capital (NWC)	1,417	1,229	894	2,234	1,767	1,235	1,084	3,073	2,187	2,107	1,956
Net Nonoperating Expense (NNE)	3.50	55	31	34	-77	39	15	26	-86	54	18
Net Nonoperating Obligations (NNO)	3,535	4,163	4,898	2,240	2,353	3,492	4,312	1,138	1,830	2,666	3,699
Total Depreciation and Amortization (D&A)	208	209	209	193	195	191	192	198	208	201	199
Debt-free, Cash-free Net Working Capital to Revenue	-10.73%	-7.48%	-4.94%	-10.90%	-13.19%	-7.02%	-2.68%	-10.15%	-8.52%	-4.53%	-0.02%
Debt-free Net Working Capital to Revenue	15.06%	12.98%	10.19%	19.44%	12.30%	8.37%	7.18%	19.43%	16.49%	15.71%	14.31%
Net Working Capital to Revenue	11.13%	9.23%	6.53%	15.88%	12.30%	8.37%	7.18%	19.43%	13.43%	12.70%	11.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.16)	$0.14	$0.60	$7.44	$0.31	$0.86	$1.26	$8.53	($0.07)	$0.70	$1.68
Adjusted Weighted Average Basic Shares Outstanding	280M	281M	281M	281M	281M	280M	280M	280M	280M	280M	280M
Adjusted Diluted Earnings per Share	($0.17)	$0.14	$0.60	$7.38	$0.30	$0.85	$1.25	$8.42	($0.09)	$0.70	$1.67
Adjusted Weighted Average Diluted Shares Outstanding	284M	284M	282M	283M	283M	283M	284M	284M	284M	283M	283M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	281.87M	280.93M	280.55M	280.06M	280.26M	279.94M	279.98M	279.55M	280.29M	280.04M	279.56M
Normalized Net Operating Profit after Tax (NOPAT)	-53	53	199	2,121	12	280	368	2,415	-106	259	489
Normalized NOPAT Margin	-2.17%	2.05%	6.54%	35.24%	0.44%	9.41%	10.87%	35.84%	-3.32%	7.89%	12.34%
Pre Tax Income Margin	-4.10%	1.23%	7.50%	45.43%	-0.18%	8.87%	10.45%	45.60%	-4.40%	6.49%	14.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.09	1.65	4.51	42.42	0.93	5.06	7.21	52.20	-1.33	4.55	10.52
NOPAT to Interest Expense	-1.64	1.94	3.06	32.13	0.18	4.31	6.46	40.24	-1.76	4.18	8.15
EBIT Less CapEx to Interest Expense	-4.00	0.08	3.66	41.09	0.34	3.77	6.11	51.18	-2.03	4.00	10.00
NOPAT Less CapEx to Interest Expense	-3.55	0.37	2.21	30.80	-0.41	3.02	5.35	39.23	-2.46	3.63	7.64
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	37.46%	42.92%	42.91%	38.45%	37.29%	35.86%	34.62%	32.39%	34.90%	36.66%	36.68%
Augmented Payout Ratio	127.54%	151.33%	145.89%	128.63%	119.80%	114.82%	109.89%	103.32%	101.99%	103.84%	106.72%

Key Financial Trends

Intuit Inc. (NASDAQ: INTU) has demonstrated solid financial performance with mixed trends across the last several quarters and years, based on the analyzed quarterly financial data from Q3 2022 through Q2 2025.

Positive Trends:

Steady revenue growth: Operating revenue increased from $2.41 billion in Q4 2022 to $3.96 billion in Q2 2025, reflecting solid top-line expansion.
Increasing net income: Quarterly net income rose significantly from a loss of $56 million in Q4 2022 to a profit of $471 million in Q2 2025, with consistent profitability in recent quarters.
Robust cash flow from operations: Net cash from operating activities improved from $339 million in Q4 2022 to $1.07 billion in Q2 2025, showcasing strong cash generation.
Strong gross profit margins: Despite increasing costs, Intuit maintained healthy gross profits, with total gross profit growing from approximately $1.85 billion in Q4 2022 to over $3.06 billion in Q2 2025.
Shareholder returns: Consistent dividends per share around $1.04 in recent quarters and active share repurchases totaling hundreds of millions of dollars, demonstrating capital return focus.
Solid balance sheet: Total assets increased to $31.68 billion in Q2 2025 with stable equity of about $17.95 billion, indicating financial strength.
R&D and marketing investment: Continued investment in research & development and marketing shows commitment to growth and innovation.

Neutral Trends:

Operating expenses rising moderately alongside revenue growth, which is expected in expanding businesses.
Interest expenses remained relatively stable around $60 million per quarter, implying manageable debt costs.
Fluctuations in other income and expenses have limited impact on total pre-tax income.

Negative Trends:

Significant cash outflows in financing activities primarily due to share repurchases and dividend payments lead to net cash decreases; Q2 2025 financing outflow reached $3.26 billion.
Increase in marketing expenses from $807 million in Q4 2022 to $1.2 billion in Q2 2025 could pressure margins if revenue growth slows.
Large purchase of investments notably in recent quarters (e.g., $1.17 billion in Q2 2025) could impact liquidity and reflect strategic risks.
Presence of negative quarterly net income in several quarters in 2022 (e.g., Q4 2022) indicates some operational volatility in past periods.
Increasing long-term debt from $6.42 billion in Q1 2023 to $5.76 billion in Q2 2025 (some fluctuations) reflects ongoing leverage which requires monitoring.
Some quarters show sharp negative net cash from operating activities (e.g., Q1 2023), but these appear to have been reversed in later quarters.

Summary: Intuit has shown noticeable overall improvement in revenue, profitability, and operating cash flow over the past few years, supported by ongoing investments in R&D and marketing. While the company maintains a strong balance sheet and returns value to shareholders through dividends and buybacks, the elevated financing outflows and increasing expenses warrant attention. Investors should monitor for sustained margin control and prudent capital allocation to support continued growth and shareholder value.

08/03/25 05:12 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Intuit's Financials

When does Intuit's financial year end?

According to the most recent income statement we have on file, Intuit's fiscal year ends in July. Their fiscal year 2024 ended on July 31, 2024.

How has Intuit's net income changed over the last 9 years?

Intuit's net income appears to be on an upward trend, with a most recent value of $2.96 billion in 2024, rising from $365 million in 2015. The previous period was $2.38 billion in 2023. Check out Intuit's forecast to explore projected trends and price targets.

What is Intuit's operating income?

Intuit's total operating income in 2024 was $3.63 billion, based on the following breakdown:

Total Gross Profit: $12.97 billion
Total Operating Expenses: $9.34 billion

How has Intuit's revenue changed over the last 9 years?

Over the last 9 years, Intuit's total revenue changed from $4.19 billion in 2015 to $16.29 billion in 2024, a change of 288.5%.

How much debt does Intuit have?

Intuit's total liabilities were at $13.70 billion at the end of 2024, a 30.3% increase from 2023, and a 419.6% increase since 2015.

How much cash does Intuit have?

In the past 9 years, Intuit's cash and equivalents has ranged from $529 million in 2017 to $6.44 billion in 2020, and is currently $3.61 billion as of their latest financial filing in 2024.

How has Intuit's book value per share changed over the last 9 years?

Over the last 9 years, Intuit's book value per share changed from 8.46 in 2015 to 65.95 in 2024, a change of 679.6%.

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This page (NASDAQ:INTU) was last updated on 8/3/2025 by MarketBeat.com Staff

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Intuit (INTU) Financials

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