Intuit Inc. (INTU)

Nasdaq: INTU · Services-Prepackaged Software · Mountain View, CA · filing with the SEC since 1996

Grade6.4

◀ Past 7.5● Present 7.4▶ Future 5.0

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Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in July.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jul 31, 2026	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020	Jul 31, 2019	Jul 31, 2018	Jul 31, 2017
Report filed	Sep 9, 2026	Sep 3, 2025	Sep 4, 2024	Sep 1, 2023	Sep 2, 2022	Sep 8, 2021	Aug 31, 2020	Aug 30, 2019	Aug 31, 2018	Sep 1, 2017
Revenue	21,448	18,831	16,285	14,368	12,726	9,633	7,679	6,784	6,025^r	5,196^r
For lenders
Provision for credit losses	237	134	118	·	·	·	·	·	·	·
Cost of revenue	·	·	·	·	·	·	·	·	·	120
Research and development	3,376	2,928	2,754	2,539	2,347	1,678	1,392	1,233	1,186	998
Sales and marketing	5,534	5,035	4,312	3,762	3,526	2,644	2,048	1,927	1,631^r	1,415^r
General and administrative	1,623	1,601	1,418	1,300	1,460	982	679	597	664	553
Total costs and expenses	15,564	13,908	12,655	11,227	10,155	7,133	5,503	4,930	4,465^r	3,778^r
Operating income	5,884	4,923	3,630	3,141	2,571	2,500	2,176	1,854	1,560^r	1,418^r
Interest expense	256	247	242	248	81	29	14	15	20	31
Other income (expense), net	389	158	162	96	52	85	36	42	26	3
Income before income taxes	6,017	4,834	3,550	2,989	2,542	2,556	2,198	1,881	1,566	1,390
Income tax expense	1,451	965	587	605	476	494	372	324	237^r	405^r
Income from continuing operations	·	·	·	·	·	·	·	·	1,329^r	985^r
Income from discontinued operations	·	·	·	·	·	·	·	·	0	0
Net income	4,566	3,869	2,963	2,384	2,066	2,062	1,826	1,557	1,329^r	985^r
Earnings per share, basic	16.53	13.82	10.58	8.49	7.38	7.65	6.99	5.99	5.18^r	3.83^r
Earnings per share, diluted	16.46	13.67	10.43	8.42	7.28	7.56	6.92	5.89	5.09^r	3.78^r
Weighted average shares, basic	276	280	280	281	280	270	261	260	256	257
Weighted average shares, diluted	277	283	284	283	284	273	264	264	261	261

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsSold

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseDebt

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton INTU · research, not advice