Intuit Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jul 31, 2026 · FY), Intuit Inc. reported revenue of $21.4B (+13.9% year on year) and net income of $4.6B (+18.0% year on year).
| Line item | Jul 31, 2026 · FY | Jul 31, 2025 · FY | Jul 31, 2024 · FY | Jul 31, 2023 · FY |
|---|---|---|---|---|
| Total net revenue | $21.4B | $18.8B | $16.3B | $14.4B |
| Cost of revenue | $4.1B | $3.7B | $3.3B | $3.0B |
| Amortization of acquired technology | $174.0M | $156.0M | $146.0M | $163.0M |
| Selling and marketing | $5.5B | $5.0B | $4.3B | $3.8B |
| Research and development | $3.4B | $2.9B | $2.8B | $2.5B |
| General and administrative | $1.6B | $1.6B | $1.4B | $1.3B |
| Amortization of other acquired intangible assets | $485.0M | $481.0M | $483.0M | $483.0M |
| Restructuring | $293.0M | $15.0M | $223.0M | — |
| Total costs and expenses | $15.6B | $13.9B | $12.7B | $11.2B |
| Operating income | $5.9B | $4.9B | $3.6B | $3.1B |
| Interest expense | ($256.0M) | ($247.0M) | ($242.0M) | ($248.0M) |
| Interest and other income, net | $389.0M | $158.0M | $162.0M | $96.0M |
| Income before income taxes | $6.0B | $4.8B | $3.5B | $3.0B |
| Income tax provision | $1.5B | $965.0M | $587.0M | $605.0M |
| Net income | $4.6B | $3.9B | $3.0B | $2.4B |
| Basic net income per share (in dollars per share) | $16.53 | $13.82 | $10.58 | $8.49 |
| Shares used in basic per share calculations (in shares) | $276000000.00 | $280000000.00 | $280000000.00 | $281000000.00 |
| Diluted net income per share (in dollars per share) | $16.46 | $13.67 | $10.43 | $8.42 |
| Shares used in diluted per share calculations (in shares) | $277000000.00 | $283000000.00 | $284000000.00 | $283000000.00 |
| Line item | Apr 30, 2026 · Q3 | Jan 31, 2026 · Q2 | Oct 31, 2025 · Q1 | Apr 30, 2025 · Q3 |
|---|---|---|---|---|
| Total net revenue | $8.6B | $4.7B | $3.9B | $7.8B |
| Cost of revenue | $1.3B | $999.0M | $839.0M | $1.2B |
| Amortization of acquired technology | $43.0M | $44.0M | $44.0M | $38.0M |
| Selling and marketing | $1.8B | $1.4B | $1.1B | $1.6B |
| Research and development | $840.0M | $836.0M | $843.0M | $707.0M |
| General and administrative | $409.0M | $401.0M | $422.0M | $394.0M |
| Amortization of other acquired intangible assets | $122.0M | $121.0M | $121.0M | $120.0M |
| Restructuring | $0 | $0 | $0 | $1.0M |
| Total costs and expenses | $4.5B | $3.8B | $3.4B | $4.0B |
| Operating income | $4.0B | $855.0M | $534.0M | $3.7B |
| Interest expense | ($70.0M) | ($58.0M) | ($58.0M) | ($68.0M) |
| Interest and other income, net | $97.0M | $72.0M | $85.0M | $32.0M |
| Income before income taxes | $4.0B | $869.0M | $561.0M | $3.7B |
| Income tax provision | $983.0M | $176.0M | $115.0M | $864.0M |
| Net income | $3.1B | $693.0M | $446.0M | $2.8B |
| Basic net income per share (in dollars per share) | $11.10 | $2.49 | $1.60 | $10.09 |
| Shares used in basic per share calculations (in shares) | $276000000.00 | $278000000.00 | $279000000.00 | $280000000.00 |
| Diluted net income per share (in dollars per share) | $11.09 | $2.48 | $1.59 | $10.02 |
| Shares used in diluted per share calculations (in shares) | $276000000.00 | $280000000.00 | $281000000.00 | $282000000.00 |
| Line item | Jul 31, 2026 · FY | Jul 31, 2025 · FY | Jul 31, 2024 · FY | Jul 31, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $4.7B | $2.9B | $3.6B | $2.8B |
| Investments | $2.5B | $1.7B | $465.0M | $814.0M |
| Accounts receivable, net of allowance for doubtful accounts of $5 and $5 | $625.0M | $530.0M | $457.0M | $405.0M |
| Notes receivable held for investment | $1.5B | $1.4B | $779.0M | $687.0M |
| Notes receivable held for sale | $179.0M | $0 | $3.0M | — |
| Income taxes receivable | $124.0M | $50.0M | $78.0M | $29.0M |
| Prepaid expenses and other current assets | $677.0M | $496.0M | $366.0M | $354.0M |
| Current assets before funds receivable and amounts held for customers | $10.3B | $7.0B | $5.8B | $5.1B |
| Funds receivable and amounts held for customers | $5.0B | $7.1B | $3.9B | $420.0M |
| Total current assets | $15.3B | $14.1B | $9.7B | $5.6B |
| Long-term investments | $248.0M | $94.0M | $131.0M | $105.0M |
| Property and equipment, net | $1.0B | $961.0M | $1.0B | $969.0M |
| Operating lease right-of-use assets | $609.0M | $541.0M | $411.0M | $469.0M |
| Goodwill | $14.0B | $14.0B | $13.8B | $13.8B |
| Acquired intangible assets, net | $4.6B | $5.3B | $5.8B | $6.4B |
| Long-term deferred income tax assets | $172.0M | $1.2B | $698.0M | $64.0M |
| Other assets | $800.0M | $751.0M | $541.0M | $417.0M |
| Total assets | $36.8B | $37.0B | $32.1B | $27.8B |
| Short-term debt | $1.2B | $0 | $499.0M | $0 |
| Accounts payable | $873.0M | $792.0M | $721.0M | $638.0M |
| Accrued compensation and related liabilities | $1.1B | $858.0M | $921.0M | $665.0M |
| Deferred revenue | $1.1B | $1.0B | $872.0M | $921.0M |
| Other current liabilities | $863.0M | $625.0M | $549.0M | $448.0M |
| Current liabilities before funds payable and amounts due to customers | $5.1B | $3.3B | $3.6B | $3.4B |
| Funds payable and amounts due to customers | $5.0B | $7.1B | $3.9B | $420.0M |
| Total current liabilities | $10.2B | $10.4B | $7.5B | $3.8B |
| Long-term debt | $6.4B | $6.0B | $5.5B | $6.1B |
| Long-term deferred income tax liabilities | $239.0M | — | — | $4.0M |
| Operating lease liabilities | $667.0M | $597.0M | $458.0M | $480.0M |
| Other long-term obligations | $305.0M | $308.0M | $208.0M | $117.0M |
| Total liabilities | $17.8B | $17.2B | $13.7B | $10.5B |
| Preferred stock, $0.01 par value Authorized - 1,345 shares total; 145 shares designated Series A; 250 shares designated Series B Junior Participating Issued and outstanding - None | 0 | 0 | 0 | 0 |
| Common Stock, Shares, Issued | 268.4M | — | — | — |
| Common stock, $0.01 par value Authorized - 750,000 shares Issued - 268,384 shares at July 31, 2026 and 498,450 shares at July 31, 2025 Outstanding - 268,384 shares at July 31, 2026 and 279,129 shares at July 31, 2025 | 3.0M | 3.0M | 3.0M | 3.0M |
| Additional paid-in capital | $0 | $21.6B | $20.2B | $19.0B |
| Treasury stock, at cost | $0 | ($21.5B) | ($18.8B) | ($16.8B) |
| Accumulated other comprehensive loss | ($57.0M) | ($50.0M) | ($54.0M) | ($55.0M) |
| Retained earnings | $19.0B | $19.7B | $17.0B | $15.1B |
| Total stockholders’ equity | $19.0B | $19.7B | $18.4B | $17.3B |
| Total liabilities and stockholders’ equity | $36.8B | $37.0B | $32.1B | $27.8B |
| Line item | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Apr 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $4.7B | $2.9B | $3.5B | $5.4B |
| Investments | $2.1B | $33.0M | $190.0M | $731.0M |
| Accounts receivable, net | $834.0M | $1.2B | $579.0M | $724.0M |
| Notes receivable held for investment | $1.7B | $1.7B | $1.5B | $1.3B |
| Notes receivable held for sale | $69.0M | $117.0M | $48.0M | $47.0M |
| Income taxes receivable | $52.0M | $84.0M | $31.0M | $9.0M |
| Prepaid expenses and other current assets | $680.0M | $1.2B | $630.0M | $512.0M |
| Current assets before funds receivable and amounts held for customers | $10.1B | $7.3B | $6.5B | $8.7B |
| Funds receivable and amounts held for customers | $7.8B | $4.4B | $3.9B | $5.2B |
| Total current assets | $17.8B | $11.7B | $10.4B | $14.0B |
| Long-term investments | $176.0M | $127.0M | $92.0M | $88.0M |
| Property and equipment, net | $996.0M | $974.0M | $965.0M | $975.0M |
| Operating lease right-of-use assets | $601.0M | $593.0M | $596.0M | $560.0M |
| Goodwill | $14.0B | $14.0B | $14.0B | $13.8B |
| Acquired intangible assets, net | $4.8B | $5.0B | $5.1B | $5.4B |
| Long-term deferred income tax assets | $113.0M | $1.1B | $1.2B | $1.1B |
| Other assets | $818.0M | $825.0M | $828.0M | $699.0M |
| Total assets | $39.3B | $34.3B | $33.2B | $36.6B |
| Short-term debt | $750.0M | $749.0M | $749.0M | $500.0M |
| Accounts payable | $1.1B | $946.0M | $670.0M | $1.0B |
| Accrued compensation and related liabilities | $766.0M | $702.0M | $479.0M | $747.0M |
| Deferred revenue | $1.1B | $1.1B | $1.0B | $957.0M |
| Other current liabilities | $849.0M | $810.0M | $658.0M | $613.0M |
| Current liabilities before funds payable and amounts due to customers | $4.5B | $4.4B | $3.6B | $4.4B |
| Funds payable and amounts due to customers | $7.8B | $4.4B | $3.9B | $5.2B |
| Total current liabilities | $12.3B | $8.8B | $7.5B | $9.7B |
| Long-term debt | $5.4B | $5.4B | $5.4B | $5.9B |
| Operating lease liabilities | $655.0M | $646.0M | $643.0M | $614.0M |
| Other long-term obligations | $358.0M | $326.0M | $316.0M | $294.0M |
| Total liabilities | $18.7B | $15.2B | $13.9B | $16.5B |
| Preferred stock | $0 | $0 | $0 | $0 |
| Common stock and additional paid-in capital | $22.7B | $22.3B | $22.0B | $21.4B |
| Treasury stock, at cost | ($24.9B) | ($23.4B) | ($22.4B) | ($20.8B) |
| Accumulated other comprehensive loss | ($54.0M) | ($49.0M) | ($51.0M) | ($46.0M) |
| Retained earnings | $22.9B | $20.1B | $19.8B | $19.6B |
| Total stockholders’ equity | $20.6B | $19.1B | $19.3B | $20.1B |
| Total liabilities and stockholders’ equity | $39.3B | $34.3B | $33.2B | $36.6B |
| Line item | Jul 31, 2026 · FY | Jul 31, 2025 · FY | Jul 31, 2024 · FY | Jul 31, 2023 · FY |
|---|---|---|---|---|
| Net income | $4.6B | $3.9B | $3.0B | $2.4B |
| Depreciation | $187.0M | $172.0M | $159.0M | $160.0M |
| Amortization of acquired intangible assets | $659.0M | $637.0M | $630.0M | $646.0M |
| Non-cash operating lease cost | $106.0M | $75.0M | $81.0M | $90.0M |
| Share-based compensation expense | $2.1B | $2.0B | $1.9B | $1.7B |
| Provision for expected credit losses | $237.0M | — | — | — |
| Deferred income taxes | $1.3B | ($435.0M) | ($554.0M) | ($628.0M) |
| Other | ($248.0M) | $127.0M | $92.0M | $81.0M |
| Total adjustments | $4.3B | $2.5B | $2.3B | $2.1B |
| Originations and purchases of notes receivable held for sale | $0 | $0 | ($96.0M) | $0 |
| Sales and principal repayments of notes receivable held for sale | $0 | $0 | $98.0M | $0 |
| Accounts receivable | ($95.0M) | ($71.0M) | ($52.0M) | $42.0M |
| Income taxes receivable | ($74.0M) | $27.0M | ($48.0M) | $64.0M |
| Prepaid expenses and other assets | ($221.0M) | ($283.0M) | ($30.0M) | ($75.0M) |
| Accounts payable | $63.0M | $73.0M | $133.0M | ($97.0M) |
| Accrued compensation and related liabilities | $202.0M | ($64.0M) | $257.0M | $88.0M |
| Deferred revenue | $51.0M | $142.0M | ($49.0M) | $111.0M |
| Operating lease liabilities | ($93.0M) | ($77.0M) | ($71.0M) | ($81.0M) |
| Other liabilities | $163.0M | $47.0M | $122.0M | ($141.0M) |
| Total changes in operating assets and liabilities | ($4.0M) | ($206.0M) | ($429.0M) | $601.0M |
| Net cash provided by operating activities | $8.8B | $6.2B | $4.9B | $5.0B |
| Purchases of corporate and customer fund investments | ($3.9B) | ($2.4B) | ($780.0M) | ($1.0B) |
| Sales of corporate and customer fund investments | $547.0M | $320.0M | $526.0M | $240.0M |
| Maturities of corporate and customer fund investments | $2.6B | $864.0M | $676.0M | $449.0M |
| Purchases of property and equipment | ($175.0M) | ($84.0M) | ($191.0M) | ($210.0M) |
| Capitalization of internal use software | ($46.0M) | ($40.0M) | ($59.0M) | ($50.0M) |
| Acquisitions of businesses, net of cash acquired | $0 | ($184.0M) | ($83.0M) | ($33.0M) |
| Originations and purchases of notes receivable held for investment | ($6.8B) | ($4.0B) | ($2.5B) | — |
| Sales of notes receivable originally classified as held for investment | $2.2B | $562.0M | $234.0M | — |
| Principal repayments of notes receivable held for investment | $4.3B | $2.7B | $2.1B | — |
| Other | ($108.0M) | ($107.0M) | ($80.0M) | ($47.0M) |
| Net cash used in investing activities | ($1.4B) | ($2.3B) | ($227.0M) | ($922.0M) |
| Proceeds from issuance of long-term debt, net of discount and issuance costs | $1.7B | $0 | $4.0B | $0 |
| Repayments of debt | $0 | ($500.0M) | ($4.2B) | ($1.0B) |
| Proceeds from borrowings under unsecured revolving credit facility | $0 | $0 | $100.0M | — |
| Repayments on borrowings under unsecured revolving credit facility | $0 | $0 | ($100.0M) | $0 |
| Proceeds from borrowings under secured revolving credit facilities | $186.0M | $429.0M | $180.0M | $222.0M |
| Repayments on borrowings under secured revolving credit facilities | ($230.0M) | $0 | ($25.0M) | ($23.0M) |
| Proceeds from issuance of stock under employee stock plans | 180.0M | 398.0M | 282.0M | 228.0M |
| Payments for employee taxes withheld upon vesting of restricted stock units | ($709.0M) | ($982.0M) | ($1.0B) | ($633.0M) |
| Cash paid for purchases of treasury stock | ($5.4B) | ($2.8B) | ($2.0B) | ($2.0B) |
| Dividends and dividend rights paid | ($1.3B) | ($1.2B) | ($1.0B) | ($889.0M) |
| Net change in funds receivable and funds payable and amounts due to customers | ($2.1B) | $3.1B | $3.4B | ($197.0M) |
| Other | ($7.0M) | ($1.0M) | ($2.0M) | ($1.0M) |
| Net cash used in financing activities | ($7.7B) | ($1.5B) | ($397.0M) | ($4.3B) |
| Line item | Apr 30, 2026 · YTD | Jan 31, 2026 · YTD | Oct 31, 2025 · Q1 | Apr 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $4.2B | $1.1B | $446.0M | $3.5B |
| Depreciation | $133.0M | $88.0M | $44.0M | $129.0M |
| Amortization of acquired intangible assets | $495.0M | $330.0M | $165.0M | $472.0M |
| Non-cash operating lease cost | $77.0M | $49.0M | $23.0M | $56.0M |
| Share-based compensation expense | $1.5B | $1.1B | $543.0M | $1.5B |
| Deferred income taxes | $1.1B | $137.0M | $58.0M | ($278.0M) |
| Provision for credit losses | $189.0M | $105.0M | — | — |
| Other | ($150.0M) | ($82.0M) | ($6.0M) | $114.0M |
| Total adjustments | $3.4B | $1.7B | $827.0M | $2.0B |
| Accounts receivable | ($303.0M) | ($645.0M) | ($49.0M) | ($267.0M) |
| Income taxes receivable | ($2.0M) | ($33.0M) | $19.0M | $69.0M |
| Prepaid expenses and other assets | ($148.0M) | ($204.0M) | ($119.0M) | ($227.0M) |
| Accounts payable | $281.0M | $131.0M | ($135.0M) | $285.0M |
| Accrued compensation and related liabilities | ($102.0M) | ($165.0M) | ($378.0M) | ($173.0M) |
| Deferred revenue | $33.0M | $119.0M | $25.0M | $84.0M |
| Operating lease liabilities | ($65.0M) | ($39.0M) | ($23.0M) | ($59.0M) |
| Other liabilities | $167.0M | $134.0M | $24.0M | $49.0M |
| Total changes in operating assets and liabilities | ($139.0M) | ($623.0M) | ($636.0M) | $367.0M |
| Net cash provided by operating activities | $7.5B | $2.2B | $637.0M | $5.8B |
| Purchases of corporate and customer fund investments | ($2.2B) | ($115.0M) | ($101.0M) | ($1.1B) |
| Sales of corporate and customer fund investments | $133.0M | $119.0M | $115.0M | $168.0M |
| Maturities of corporate and customer fund investments | $1.7B | $1.6B | $1.5B | $656.0M |
| Purchases of property and equipment | ($148.0M) | ($84.0M) | ($38.0M) | ($99.0M) |
| Originations and purchases of notes receivable held for investment | ($4.9B) | ($2.9B) | ($1.3B) | ($2.9B) |
| Sales of notes receivable originally classified as held for investment | $1.4B | $595.0M | $213.0M | $300.0M |
| Principal repayments of notes receivable held for investment | $3.1B | $1.8B | $876.0M | $2.0B |
| Other | ($120.0M) | ($585.0M) | ($43.0M) | ($117.0M) |
| Net cash used in investing activities | ($1.1B) | $498.0M | $1.2B | ($1.1B) |
| Proceeds from borrowings under secured revolving credit facilities | $186.0M | $186.0M | $166.0M | $364.0M |
| Proceeds from issuance of stock under employee stock plans | 136.0M | 91.0M | 62.0M | 263.0M |
| Payments for employee taxes withheld upon vesting of restricted stock units | ($575.0M) | ($454.0M) | ($244.0M) | ($612.0M) |
| Cash paid for purchases of treasury stock | ($3.3B) | ($1.8B) | ($854.0M) | ($2.0B) |
| Dividends and dividend rights paid | ($1.0B) | ($682.0M) | ($341.0M) | ($888.0M) |
| Net change in funds receivable and funds payable and amounts due to customers | $633.0M | ($2.8B) | ($3.2B) | $1.3B |
| Other | ($7.0M) | ($7.0M) | ($1.0M) | ($4.0M) |
| Net cash used in financing activities | ($4.0B) | ($5.4B) | ($4.4B) | ($1.7B) |
| Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents | $9.0M | $6.0M | ($1.0M) | $4.0M |
| Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents | $2.4B | ($2.7B) | ($2.5B) | $3.1B |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period | $9.5B | $9.5B | $9.5B | $7.1B |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period | $11.9B | $6.8B | $6.9B | $10.2B |
| Cash and cash equivalents | $4.7B | $2.9B | $3.5B | $5.4B |
| Restricted cash and restricted cash equivalents included in funds receivable and amounts held for customers | $7.2B | $3.8B | $3.4B | $4.7B |
| Total cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period | $11.9B | $6.8B | $6.9B | $10.2B |
| Transfers of notes receivable originated or purchased as held for investment to held for sale | $1.4B | $693.0M | $253.0M | $333.0M |
Intuit Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.