INTU Q2 2026 Earnings Report — Intuit Inc. Revenue & Financial Results | Market Cap Arena

Intuit Inc.INTU

Q2 2026 Earnings

Reported February 26, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2026	Q1 2026	Q2 2025	QoQ Change	YoY Change
Revenue	$4.7B	$3.9B	$4.0B	19.7%	17.4%
Op. Income	$855M	$534M	$593M	60.1%	44.2%
Gross Margin	78.9%	78.8%	76.4%	0.1pp	2.6pp
Net Margin	14.9%	11.5%	11.9%	3.4pp	3.0pp
EPS (Diluted)	$2.47	$1.59	$1.67	55.3%	47.9%
Free Cash Flow	$1.5B	$599M	$1.0B	154.4%	46.8%

Revenue Flow

Item	Amount
REVENUE	$4.7B
Cost of Revenue	$981M
GROSS PROFIT	$3.7B
R&D Expenses	$836M
Selling & Marketing	$1.4B
General & Administrative	$401M
SG&A Expenses	$1.8B
Other Expenses	$183M
Operating Expenses	$2.8B
Cost & Expenses	$3.8B
OPERATING INCOME	$855M
Interest Income	$85M
Interest Expense	$174M
Other Income/Expenses	$14M
INCOME BEFORE TAX	$869M
Income Tax Expense	$176M
Net Income from Continuing Ops	$693M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$693M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$693M
D&A	$209M
EBIT	$1.0B
EBITDA	$1.3B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.7B
Cost of Revenue	$981M
GROSS PROFIT	$3.7B
R&D Expenses	$836M
Selling & Marketing	$1.4B
General & Administrative	$401M
SG&A Expenses	$1.8B
Other Expenses	$183M
Operating Expenses	$2.8B
Cost & Expenses	$3.8B
OPERATING INCOME	$855M
Interest Income	$85M
Interest Expense	$174M
Other Income/Expenses	$14M
INCOME BEFORE TAX	$869M
Income Tax Expense	$176M
Net Income from Continuing Ops	$693M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$693M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$693M
D&A	$209M
EBIT	$1.0B
EBITDA	$1.3B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$693M
Depreciation & Amortization	$209M
Stock-Based Compensation	$521M
Deferred Income Tax	$79M
Other Non-Cash Items	$55M
Change in Working Capital	$13M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$46M
Acquisitions (Net)	$0
Purchases of Investments	-$1.6B
Sales/Maturities of Investments	$554M
Other Investing Activities	$394M
NET CASH FROM INVESTING	-$700M
Net Debt Issuance	$20M
Common Stock Repurchased	-$933M
Common Dividends Paid	-$341M
Other Financing Activities	$188M
NET CASH FROM FINANCING	-$1.0B
FREE CASH FLOW	$1.5B
Net Change in Cash	-$564M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.9B
Short-Term Investments	$33M
Net Receivables	$3.1B
Inventory	$0
Other Current Assets	$5.7B
TOTAL CURRENT ASSETS	$11.7B
PP&E (Net)	$1.6B
Goodwill	$14.0B
Intangible Assets	$5.0B
Long-Term Investments	$127M
Tax Assets	$1.1B
Other Non-Current Assets	$825M
TOTAL NON-CURRENT ASSETS	$22.6B
TOTAL ASSETS	$34.3B
Account Payables	$9.8B
Short-Term Debt	$831M
Deferred Revenue	$1.1B
Other Current Liabilities	-$2.9B
TOTAL CURRENT LIABILITIES	$8.8B
Long-Term Debt	$6.1B
Deferred Revenue NC	$2M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$322M
TOTAL NON-CURRENT LIABILITIES	$6.4B
TOTAL LIABILITIES	$15.2B
Common Stock	$22.3B
Additional Paid-In Capital	$0
Retained Earnings	$20.1B
Treasury Stock	-$23.4B
Accum. Other Comp. Income	-$49M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$19.1B
Minority Interest	$0
TOTAL EQUITY	$19.1B
TOTAL LIABILITIES & EQUITY	$34.3B
Total Debt	$7.5B
Net Debt	$4.6B