INTUIntuit Inc.

$127B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$3.0B+14.7% YoY

Gross Profit

$2.2B74.5% margin

Operating Income

$307M10.3% margin

Net Income

$241M8.1% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

-$97M

Free Cash Flow

-$181M

Stock-Based Comp.

$495M

Balance Sheet

Total Assets

$28.5B

Total Liabilities

$11.5B

Stockholders' Equity

$17.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.6B	+14.7%
Gross Profit	$2.2B	$1.9B	+15.5%
Operating Income	$307M	$76M	+303.9%
Net Income	$241M	$40M	+502.5%

Revenue Segments

Small Business & Self-Employed Segment

$2.3B79%

Credit Karma, Inc

$405M14%

Consumer Segment

$187M6%

Professional Tax Segment

$42M1%

INTU Q1 2024 Earnings — Intuit Inc. Revenue & Financial Results | Market Cap Arena