INTU

MKT CAP:$110B

Intuit Inc.

Market Cap

$110B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Technology·Software App·🇺🇸·NASDAQ

Stock Price

$395.21-$234.25 (-37.21%)

Apr 24, 2026

Company Details

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 segm...

CEO

Sasan K. Goodarzi

IPO Date

Mar 12, 1993

Website

www.intuit.com

Key Metrics TTM

Revenue

$20.1B

+17.2% YoY

Net Income

$4.3B

EPS (Diluted)

$15.43

Free Cash Flow

$6.8B

Revenue / Share

$71.60

Gross Margin

81.2%

Operating Margin

27.1%

Net Margin

21.6%

FCF Margin

34.0%

P/S

5.5x

P/E

25.3x

Earnings Reports

Q2 2026

Feb 26, 2026

$4.7B+17.4%EPS $2.47

Q1 2026

Nov 20, 2025

$3.9B+18.3%EPS $1.59

FY 2025

Sep 3, 2025

$18.8B+15.6%EPS $13.67

Q4 2025

Sep 3, 2025

$3.8B+20.3%EPS $1.35

Q3 2025

May 22, 2025

$7.8B+15.1%EPS $10.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$5.6B	$4.8B	$2.4B
Q4 22	$2.4B	$1.8B	-$75M
Q1 23	$2.6B	$1.9B	$76M
Q2 23	$3.0B	$2.3B	$270M
Q3 23	$6.0B	$5.0B	$2.8B
Q4 23	$2.7B	$2.0B	$17M
Q1 24	$3.0B	$2.2B	$307M
Q2 24	$3.4B	$2.5B	$369M
Q3 24	$6.7B	$5.5B	$3.1B
Q4 24	$3.2B	$2.4B	-$151M
Q1 25	$3.3B	$2.5B	$271M
Q2 25	$4.0B	$3.0B	$593M
Q3 25	$7.8B	$6.6B	$3.7B
Q4 25	$3.8B	$3.0B	$339M
Q1 26	$3.9B	$3.1B	$534M
Q2 26	$4.7B	$3.7B	$855M

Valuation

Quarter	P/S	P/E
Q3 22	9.2x	47.5x
Q4 22	9.9x	61.0x
Q1 23	9.0x	64.0x
Q2 23	8.6x	60.1x
Q3 23	8.8x	55.3x
Q4 23	10.0x	60.1x
Q1 24	9.3x	52.8x
Q2 24	12.1x	66.0x
Q3 24	11.3x	58.2x
Q4 24	10.9x	60.1x
Q1 25	10.3x	58.7x
Q2 25	9.8x	55.4x
Q3 25	9.5x	49.9x
Q4 25	11.8x	57.6x
Q1 26	9.7x	45.8x
Q2 26	6.8x	31.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$3.3B	$3.3B
Q4 22	$339M	$278M
Q1 23	$328M	$251M
Q2 23	$284M	$229M
Q3 23	$3.6B	$3.5B
Q4 23	$842M	$802M
Q1 24	-$97M	-$181M
Q2 24	$613M	$550M
Q3 24	$4.0B	$3.9B
Q4 24	$417M	$375M
Q1 25	$362M	$329M
Q2 25	$1.1B	$1.0B
Q3 25	$4.4B	$4.4B
Q4 25	$381M	$356M
Q1 26	$637M	$599M
Q2 26	$1.6B	$1.5B

Capital Expenditures

Quarter	CapEx
Q3 22	$61M
Q4 22	$61M
Q1 23	$77M
Q2 23	$55M
Q3 23	$88M
Q4 23	$40M
Q1 24	$84M
Q2 24	$63M
Q3 24	$61M
Q4 24	$42M
Q1 25	$33M
Q2 25	$31M
Q3 25	$35M
Q4 25	$25M
Q1 26	$38M
Q2 26	$46M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+35.0%	+43.3%
Q4 22	-5.7%	+15.3%
Q1 23	+29.4%	+39.1%
Q2 23	+13.8%	+5.9%
Q3 23	+6.9%	+0.1%
Q4 23	+12.3%	+8.3%
Q1 24	+14.7%	+6.0%
Q2 24	+11.3%	+8.9%
Q3 24	+11.9%	+12.1%
Q4 24	+17.4%	+23.7%
Q1 25	+10.2%	+12.8%
Q2 25	+17.0%	+11.7%
Q3 25	+15.1%	+11.1%
Q4 25	+20.3%	+4.7%
Q1 26	+18.3%	+11.3%
Q2 26	+17.4%	+12.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$346M	6.1%
Q4 22	$346M	14.3%
Q1 23	$422M	16.2%
Q2 23	$423M	13.9%
Q3 23	$419M	7.0%
Q4 23	$448M	16.5%
Q1 24	$495M	16.6%
Q2 24	$475M	14.0%
Q3 24	$451M	6.7%
Q4 24	$519M	16.3%
Q1 25	$511M	15.6%
Q2 25	$498M	12.6%
Q3 25	$469M	6.0%
Q4 25	$490M	12.8%
Q1 26	$543M	14.0%
Q2 26	$521M	11.2%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q3 22	$600M	$465M	$1.2B
Q4 22	$627M	$334M	$807M
Q1 23	$625M	$304M	$795M
Q2 23	$630M	$323M	$924M
Q3 23	$604M	$332M	$1.2B
Q4 23	$680M	$341M	$840M
Q1 24	$680M	$342M	$769M
Q2 24	$678M	$344M	$1.0B
Q3 24	$671M	$350M	$1.4B
Q4 24	$725M	$382M	$1.1B
Q1 25	$704M	$394M	$962M
Q2 25	$716M	$389M	$1.2B
Q3 25	$707M	$394M	$1.6B
Q4 25	$801M	$424M	$1.3B
Q1 26	$843M	$422M	$1.1B
Q2 26	$836M	$401M	$1.4B

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q3 22	35.0%	46.2%	81.2
Q4 22	-5.7%	5.8%	0.1
Q1 23	29.4%	11.2%	40.6
Q2 23	13.8%	16.5%	30.3
Q3 23	6.9%	49.7%	56.6
Q4 23	12.3%	9.5%	21.9
Q1 24	14.7%	17.5%	32.1
Q2 24	11.3%	17.8%	29.2
Q3 24	11.9%	49.4%	61.4
Q4 24	17.4%	4.0%	21.4
Q1 25	10.2%	14.4%	24.7
Q2 25	17.0%	20.9%	38.0
Q3 25	15.1%	51.0%	66.1
Q4 25	20.3%	16.5%	36.8
Q1 26	18.3%	19.1%	37.5
Q2 26	17.4%	26.9%	44.3

Rule of 40

Revenue Segments

Quarter	Consumer Segment	Credit Karma, Inc	Small Business & Self-Employed Segment	Professional Tax Segment	Global Business Solutions Segment
Q3 22	$3.2B	$468M	$1.7B	—	—
Q4 22	$145M	$475M	$1.8B	—	—
Q1 23	$150M	$425M	$2.0B	$34M	—
Q2 23	$516M	$375M	$1.9B	$253M	—
Q3 23	$3.3B	$410M	$2.0B	$246M	—
Q4 23	$128M	$424M	$2.1B	$28M	—
Q1 24	$187M	$405M	$2.3B	$42M	—
Q2 24	$492M	$375M	$2.2B	$274M	—
Q3 24	$3.7B	$443M	$2.4B	$254M	—
Q4 24	$113M	$485M	$2.6B	$29M	—
Q1 25	$176M	$524M	—	$39M	$2.5B
Q2 25	$509M	$511M	—	$272M	$2.7B
Q3 25	$4.0B	$579M	—	$278M	$2.8B
Q4 25	$137M	$649M	—	$32M	$3.0B
Q2 26	$1.5B	—	—	—	$3.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$3.5B	$373M	$3.9B
Q4 22	$2.8B	$485M	$3.3B
Q1 23	$2.1B	$599M	$2.7B
Q2 23	$1.5B	$524M	$2.1B
Q3 23	$3.7B	$523M	$4.3B
Q4 23	$2.8B	$814M	$3.7B
Q1 24	$1.7B	$537M	$2.3B
Q2 24	$1.5B	$15M	$1.5B
Q3 24	$4.2B	$463M	$4.7B
Q4 24	$3.6B	$465M	$4.1B
Q1 25	$2.9B	$486M	$3.4B
Q2 25	$2.4B	$24M	$2.5B
Q3 25	$5.4B	$731M	$6.2B
Q4 25	$2.9B	$1.7B	$4.6B
Q1 26	$3.5B	$190M	$3.7B
Q2 26	$2.9B	$33M	$3.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	286M	-0.3%	+3.6%
Q4 22	282M	-1.4%	+1.8%
Q1 23	284M	+0.7%	+2.5%
Q2 23	282M	-0.7%	-1.7%
Q3 23	283M	+0.4%	-1.0%
Q4 23	283M	0.0%	+0.4%
Q1 24	283M	0.0%	-0.4%
Q2 24	284M	+0.4%	+0.7%
Q3 24	284M	0.0%	+0.4%
Q4 24	284M	0.0%	+0.4%
Q1 25	283M	-0.4%	0.0%
Q2 25	283M	0.0%	-0.4%
Q3 25	282M	-0.4%	-0.7%
Q4 25	282M	0.0%	-0.7%
Q1 26	281M	-0.4%	-0.7%
Q2 26	281M	0.0%	-0.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$417.2K	14K
Q4 22	$139.5K	17K
Q1 23	$150.1K	17K
Q2 23	$175.8K	17K
Q3 23	$347.9K	17K
Q4 23	$149.0K	18K
Q1 24	$163.6K	18K
Q2 24	$186.0K	18K
Q3 24	$370.2K	18K
Q4 24	$169.4K	19K
Q1 25	$174.6K	19K
Q2 25	$210.8K	19K
Q3 25	$412.4K	19K
Q4 25	$210.5K	18K
Q1 26	$213.5K	18K
Q2 26	$255.5K	18K

Revenue / Employee