Intuit Inc. (INTU) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 8.56B | 4.65B | 3.88B | 3.83B | 7.75B | 3.96B | 3.28B | 3.18B | 6.74B | 3.39B | 2.98B | 2.71B | 6.02B | 3.04B | 2.6B | 2.41B | 5.63B | 2.67B | 2.01B | 2.56B |
| Revenue Growth % | 10.37% | 17.36% | 18.34% | 20.32% | 15.1% | 17.04% | 10.24% | 17.4% | 11.95% | 11.34% | 14.67% | 12.34% | 6.85% | 13.77% | 29.4% | -5.74% | 34.96% | 69.61% | 51.7% | 41.02% |
| Cost of Goods Sold | 1.33B | 981M | 824M | 834M | 1.14B | 937M | 823M | 783M | 1.19B | 855M | 760M | 713M | 981M | 773M | 676M | 600M | 824M | 565M | 417M | 465M |
| COGS % of Revenue | 15.55% | 21.09% | 21.21% | 21.77% | 14.68% | 23.64% | 25.07% | 24.59% | 17.62% | 25.25% | 25.52% | 26.29% | 16.3% | 25.42% | 26.03% | 24.86% | 14.63% | 21.14% | 20.78% | 18.16% |
| Gross Profit | 7.23B | 3.67B | 3.06B | 3B | 6.62B | 3.03B | 2.46B | 2.4B | 5.55B | 2.53B | 2.22B | 2B | 5.04B | 2.27B | 1.92B | 1.81B | 4.81B | 2.11B | 1.59B | 2.1B |
| Gross Margin % | 84.45% | 78.91% | 78.79% | 78.23% | 85.32% | 76.36% | 74.93% | 75.41% | 82.38% | 74.75% | 74.48% | 73.71% | 83.7% | 74.58% | 73.97% | 75.14% | 85.37% | 78.86% | 79.22% | 81.84% |
| Gross Profit Growth % | 9.24% | 21.28% | 24.43% | 24.82% | 19.21% | 19.56% | 10.91% | 20.11% | 10.18% | 11.6% | 15.46% | 10.2% | 4.76% | 7.59% | 20.82% | -13.45% | 34.38% | 74.36% | 49.02% | 40.29% |
| Operating Expenses | 3.22B | 2.81B | 2.53B | 2.66B | 2.9B | 2.43B | 2.19B | 2.55B | 2.44B | 2.16B | 1.91B | 1.98B | 2.26B | 2B | 1.84B | 1.89B | 2.41B | 2.05B | 1.4B | 1.69B |
| OpEx % of Revenue | 37.64% | 60.52% | 65.05% | 69.38% | 37.35% | 61.39% | 66.68% | 80.15% | 36.29% | 63.85% | 64.17% | 73.08% | 37.54% | 65.7% | 71.04% | 78.25% | 42.84% | 76.77% | 69.51% | 66.15% |
| Selling, General & Admin | 2.2B | 1.8B | 1.5B | 1.68B | 2.01B | 1.59B | 1.36B | 1.48B | 1.77B | 1.36B | 1.11B | 1.18B | 1.53B | 1.25B | 1.1B | 1.14B | 1.69B | 1.34B | 812M | 1.12B |
| SG&A % of Revenue | 25.73% | 38.62% | 38.71% | 43.72% | 25.95% | 40.2% | 41.3% | 46.51% | 26.33% | 40.28% | 37.31% | 43.55% | 25.51% | 41.01% | 42.32% | 47.27% | 30.04% | 50.17% | 40.46% | 43.69% |
| Research & Development | 840M | 836M | 843M | 801M | 707M | 716M | 704M | 725M | 671M | 678M | 680M | 680M | 604M | 630M | 625M | 627M | 600M | 590M | 530M | 521M |
| R&D % of Revenue | 9.82% | 17.97% | 21.7% | 20.91% | 9.12% | 18.07% | 21.44% | 22.77% | 9.96% | 20.02% | 22.83% | 25.07% | 10.04% | 20.72% | 24.07% | 25.97% | 10.65% | 22.07% | 26.41% | 20.34% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 4.02B | 855M | 534M | 339M | 3.72B | 593M | 271M | -151M | 3.1B | 369M | 307M | 17M | 2.78B | 270M | 76M | -75M | 2.4B | 56M | 195M | 402M |
| Operating Margin % | 46.97% | 18.38% | 13.75% | 8.85% | 47.98% | 14.96% | 8.25% | -4.74% | 46.09% | 10.9% | 10.31% | 0.63% | 46.16% | 8.88% | 2.93% | -3.11% | 42.52% | 2.1% | 9.72% | 15.7% |
| Operating Income Growth % | 8.06% | 44.18% | 97.05% | 324.5% | 19.81% | 60.7% | -11.73% | -988.24% | 11.77% | 36.67% | 303.95% | 122.67% | 15.99% | 382.14% | -61.03% | -118.66% | 25.13% | 324% | -6.7% | -16.77% |
| EBITDA | 4.12B | 1.06B | 743M | 547M | 3.92B | 792M | 472M | 57M | 3.3B | 561M | 498M | 212M | 2.97B | 479M | 285M | 133M | 2.6B | 271M | 309M | 515M |
| EBITDA Margin % | 48.11% | 22.88% | 19.12% | 14.28% | 50.57% | 19.98% | 14.38% | 1.79% | 49.03% | 16.57% | 16.72% | 7.82% | 49.37% | 15.75% | 10.97% | 5.51% | 46.24% | 10.14% | 15.4% | 20.11% |
| EBITDA Growth % | 5% | 34.34% | 57.42% | 859.65% | 18.71% | 41.18% | -5.22% | -73.11% | 11.17% | 17.12% | 74.74% | 59.4% | 14.09% | 76.75% | -7.77% | -74.17% | 28.47% | 310.61% | 21.18% | -3.38% |
| D&A (Non-Cash Add-back) | 0 | 209M | 209M | 208M | 201M | 199M | 201M | 208M | 198M | 192M | 191M | 195M | 193M | 209M | 209M | 208M | 209M | 215M | 114M | 113M |
| EBIT | 4.12B | 1.04B | 534M | 425M | 3.75B | 631M | 275M | -80M | 3.13B | 411M | 329M | 63M | 2.8B | 293M | 81M | -67M | 2.4B | 51M | 245M | 410M |
| Net Interest Income | -28M | -89M | 27M | 1M | -29M | -26M | -18M | -2M | -38M | -35M | -29M | -22M | -38M | -50M | -34M | -23M | -12M | -21M | 39M | -3M |
| Interest Income | 42M | 85M | 85M | 60M | 39M | 34M | 42M | 59M | 34M | 22M | 36M | 46M | 28M | 15M | 15M | 9M | 10M | 0 | 46M | 4M |
| Interest Expense | 70M | 174M | 58M | 59M | 68M | 60M | 60M | 61M | 72M | 57M | 65M | 68M | 66M | 65M | 49M | 32M | 22M | 21M | 7M | 7M |
| Other Income/Expense | 27M | 14M | 27M | 27M | -36M | -22M | -58M | 11M | -33M | -15M | -43M | -22M | -44M | -42M | -44M | -24M | -22M | -26M | 43M | 1M |
| Pretax Income | 4.05B | 869M | 561M | 366M | 3.68B | 571M | 213M | -140M | 3.07B | 354M | 264M | -5M | 2.73B | 228M | 32M | -99M | 2.37B | 30M | 238M | 403M |
| Pretax Margin % | 47.29% | 18.68% | 14.44% | 9.55% | 47.51% | 14.41% | 6.49% | -4.4% | 45.6% | 10.45% | 8.87% | -0.18% | 45.43% | 7.5% | 1.23% | -4.1% | 42.13% | 1.12% | 11.86% | 15.74% |
| Income Tax | 983M | 176M | 115M | -15M | 864M | 100M | 16M | -120M | 683M | 1M | 23M | -94M | 647M | 60M | -8M | -43M | 579M | -70M | 10M | 23M |
| Effective Tax Rate % | 24.29% | 20.25% | 20.5% | -4.1% | 23.45% | 17.51% | 7.51% | 85.71% | 22.23% | 0.28% | 8.71% | 1880% | 23.66% | 26.32% | -25% | 43.43% | 24.4% | -233.33% | 4.2% | 5.71% |
| Net Income | 3.06B | 693M | 446M | 381M | 2.82B | 471M | 197M | -20M | 2.39B | 353M | 241M | 89M | 2.09B | 168M | 40M | -56M | 1.79B | 100M | 228M | 380M |
| Net Margin % | 35.8% | 14.9% | 11.48% | 9.95% | 36.37% | 11.88% | 6% | -0.63% | 35.46% | 10.43% | 8.09% | 3.28% | 34.68% | 5.52% | 1.54% | -2.32% | 31.85% | 3.74% | 11.36% | 14.84% |
| Net Income Growth % | 8.65% | 47.13% | 126.4% | 2005% | 18.04% | 33.43% | -18.26% | -122.47% | 14.47% | 110.12% | 502.5% | 258.93% | 16.33% | 68% | -82.46% | -114.74% | 22.54% | 400% | 15.15% | -14.61% |
| Net Income (Continuing) | 3.06B | 693M | 446M | 381M | 2.82B | 471M | 197M | -20M | 2.39B | 353M | 241M | 89M | 2.09B | 168M | 40M | -56M | 1.79B | 100M | 228M | 380M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 11.09 | 2.47 | 1.59 | 1.35 | 10.02 | 1.67 | 0.70 | -0.07 | 8.41 | 1.25 | 0.85 | 0.31 | 7.37 | 0.60 | 0.14 | -0.20 | 6.27 | 0.35 | 0.82 | 1.37 |
| EPS Growth % | 10.68% | 47.9% | 127.14% | 2028.57% | 19.14% | 33.6% | -17.65% | -122.58% | 14.11% | 108.33% | 507.14% | 255% | 17.54% | 71.43% | -82.93% | -114.6% | 18.3% | 377.49% | 9.33% | -18.45% |
| EPS (Basic) | 11.10 | 2.49 | 1.60 | 1.36 | 10.09 | 1.68 | 0.70 | -0.07 | 8.53 | 1.26 | 0.86 | 0.32 | 7.43 | 0.60 | 0.14 | -0.20 | 6.36 | 0.35 | 0.84 | 1.39 |
| Diluted Shares Outstanding | 276M | 281M | 281M | 282M | 282M | 283M | 283M | 284M | 284M | 284M | 283M | 283M | 283M | 282M | 284M | 282M | 286M | 287M | 277M | 277M |
| Basic Shares Outstanding | 276M | 279M | 279M | 279M | 280M | 280M | 280M | 280M | 280M | 280M | 280M | 280M | 281M | 281M | 281M | 278.03M | 282M | 283M | 273M | 273M |
| Dividend Payout Ratio | 10.87% | 49.21% | 76.46% | 79% | 10.35% | 63.69% | 150.25% | - | 10.76% | 72.52% | 107.88% | 249.44% | 10.59% | 133.33% | 555% | - | 10.87% | 195% | 83.33% | 43.16% |