Intuit (INTU) financials

NASDAQ · Technology · Software - Application · 18,600 employees · CEO Sasan K. Goodarzi

Price: $341.09 +2.99%
Market cap: $91.2B
Enterprise value: $94.9B
Last report: Q4 '26 filed 2026-09-09
Next report: 2026-11-19 EPS est. $2.46

Revenue (TTM)$21.4B+13.9% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)28.8%+2.7 pp vs a year agoOperating income $6.18B

Net income (TTM)$4.57B+18.0% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$8.62B+41.7% vs a year agoCapex $221M

Diluted EPS (TTM)$16.49+20.0% vs a year agoSum of the last 4 quarters

Net cash-$1.22B+41.5% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $91.2B
Revenue: $21.4B
Revenue growth: +9%
Profit margin: 21.3%
P/E: 20.6×
P/S: 4.2×
EV / EBITDA: 13.1×
Free cash flow: $8.62B
Net income: $4.57B
Revenue estimate: $23.4B
Earnings: 2026-11-19
Dividend: $4.98

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-08-25): revenue beat by 2.0%, EPS beat by 12.6%Revenue $4.35B vs $4.27B expected (+2.0%); EPS $4.03 vs $3.58 (+12.6%).
Revenue growth slowing: 13.7% year on yearQ4 '26 revenue $4.35B, against an average of 16.6% over the four quarters before.
Operating margin 28.8% (TTM), +2.7 pp on a year agoOperating income grew 25.5% while revenue grew 13.9%.
Capex 1.0% of revenue (a year ago 0.7%)$221M invested in the last 4 quarters (+78.2% on a year earlier). Free cash flow $8.62B = 188.7% of net income.
Returned $6.64B to shareholders = 77.0% of free cash flowBuybacks $5.29B (a year earlier $2.77B), dividends $1.35B, stock-based pay $2.06B (TTM).
Diluted share count down 3.5% in a year272M diluted shares in Q4 '26, 282M a year earlier.
Net debt $1.22BCash + short-term investments $7.2B, debt incl. leases $8.42B; a year ago net debt $2.09B.
Consumer Segment: revenue +13.7%, margin 60.5% (was 60.8%)Fastest-growing reported segment in Q4 '26: operating income $563M on revenue $930M (from the segment note of the filing).

Last quarter: Q4 '26

Quarter ended 2026-07-31. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q4 '26	Year ago	Change
Revenue	$4.35B	$3.83B	+13.7%
Gross margin	78.1%	78.2%	-0.1 pp
Operating income	$768M	$339M	+126.5%
Operating margin	17.6%	8.8%	+8.8 pp
Net income	$363M	$381M	-4.7%
Diluted EPS	$1.34	$1.35	-0.7%
Operating cash flow	$1.33B	$381M	+249.3%
Capex	$73M	$25M	+192.0%
Free cash flow	$1.26B	$356M	+253.4%
R&D	$857M	$801M	+7.0%
Stock-based compensation	$507M	$490M	+3.5%

Reported vs consensus

2026-08-25

	Actual	Consensus	vs consensus
Revenue	$4.35B	$4.27B	+2.0%
EPS (as estimated)	$4.03	$3.58	+12.6%

From the report of 2026-08-25 for Q4 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q4 '26	y/y	Share	TTM	TTM y/y	12 quarters
Consumer	$930M	+578.8%	21.4%	$8.58B	+76.3%
Global Business Solutions	$3.42B	+13.6%	78.6%	$12.9B	+16.1%

Segment profits

Operating income per reported segment, read from the segment note of each 10-Q / 10-K (the profit split most data feeds leave out).

Segments in Q4 '26

Segment	Revenue	y/y	Operating income	y/y	Margin	Margin a year ago	TTM operating income
Global Business Solutions Segment	$3.42B	+13.6%	–	–	–	–	–
Global Business Solutions	–	–	–	–	–	–	–
Consumer Segment	$930M	+13.7%	$563M	+13.3%	60.5%	60.8%	$6.31B
Credit Karma Inc	–	–	–	–	–	–	–
Pro Tax Segment	–	–	–	–	–	–	–
Credit Karma Inc Segment	–	–	–	–	–	–	–

Operating income by segment

quarterly

Segment operating margin

quarterly

Fourth quarters are derived: the 10-K reports the full year, minus the three quarters of the 10-Qs.

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $8.84B
Capex: -$221M
Buybacks: -$5.29B
Dividends: -$1.35B
Acquisitions: $0
Net debt issued: $1.69B
Stock-based compensation: $2.06B
Free cash flow: $8.62B
Returned to shareholders / FCF: 77.0%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	20.6×	51.6×	19.1× – 61.2×
EV / EBITDA	13.1×	33.2×	12.8× – 40.2×
EV / Sales	4.4×	9.6×	4.2× – 11.9×
Price / FCF	10.6×	29.9×	10.1× – 39.1×
Price / Book	4.9×	8.3×	4.6× – 11.2×
FCF yield	9.5%	4.3%	2.6% – 9.9%
Return on invested capital	16.8%	12.5%	8.5% – 16.8%
Return on equity	23.4%	17.2%	12.6% – 24.0%

Analysts

Consensus target $379.68 (+11.3%)
range $290.00 – $500.00 · rating Buy

Strong buy0

Buy27

Hold13

Sell5

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2027	$23.4B	+9.1%	$22.95	+39.5%	14.9×	19
FY2028	$25.5B	+8.9%	$25.97	+13.1%	13.1×	19
FY2029	$27.8B	+8.9%	$28.52	+9.8%	12.0×	10
FY2030	$31.7B	+14.1%	$27.68	-3.0%	12.3×	4

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 304 figures Intuit Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
	–	–	–	-$6M	$1.11B	-100.5%
	–	–	–	$141M2022-04-30	–	–
	$41M	$7M	+485.7%	$41M	$7M	+485.7%
Accounts Payable, Current	$873M	$792M	+10.2%	$873M	$792M	+10.2%
Accounts Receivable, after Allowance for Credit Loss	$834M2026-04-30	$724M	+15.2%	–	–	–
Accounts Receivable, after Allowance for Credit Loss, Current	$625M	$530M	+17.9%	$625M	$530M	+17.9%
Accounts Receivable, Allowance for Credit Loss, Current	$5M	$5M	0.0%	$5M	$5M	0.0%
Accrued Income Taxes, Current	$82M2026-01-31	$30M	+173.3%	$8M2024-07-31	$698M	-98.9%
Accrued Income Taxes, Noncurrent	$247M	$238M	+3.8%	$247M	$238M	+3.8%
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$1.38B	$1.4B	-1.5%	$1.38B	$1.4B	-1.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$57M	-$50M	-14.0%	-$57M	-$50M	-14.0%
Additional Paid in Capital, Common Stock	$0	$21.6B	-100.0%	$0	$21.6B	-100.0%
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities	$833M	$573M	+45.4%	$4.28B	$2.54B	+68.1%
Advertising Expense	–	–	–	$2.2B	$2.1B	+4.8%
Amortization	$164M	$165M	-0.6%	$659M	$637M	+3.5%
Amortization of Intangible Assets	$121M	$121M	0.0%	$485M	$481M	+0.8%
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1M	0	–	4M	0	–
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	$507M	$490M	+3.5%	$2.06B	$1.97B	+4.5%
Assets	$36.8B	$37B	-0.5%	$36.8B	$37B	-0.5%
Assets, Current	$15.3B	$14.1B	+8.5%	$15.3B	$14.1B	+8.5%
Assets, Fair Value Disclosure	$5.71B	$3.61B	+58.3%	$5.71B	$3.61B	+58.3%
Buildings and Improvements, Gross	$701M	$644M	+8.9%	$701M	$644M	+8.9%
Capitalized Computer Software, Additions	–	–	–	$46M	$40M	+15.0%
Capitalized Computer Software, Gross	$691M	$791M	-12.6%	$691M	$791M	-12.6%
Capitalized Contract Cost, Net	$145M	$122M	+18.9%	$145M	$122M	+18.9%
Cash and Cash Equivalents, at Carrying Value	$4.71B	$2.88B	+63.1%	$4.71B	$2.88B	+63.1%
Cash and Cash Equivalents, Fair Value Disclosure	$4.71B	$2.88B	+63.1%	$4.71B	$2.88B	+63.1%
Cash Equivalents, at Carrying Value	$3.07B	$1.79B	+71.4%	$3.07B	$1.79B	+71.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$9.22B	$9.48B	-2.8%	$9.22B	$9.48B	-2.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	-$2.7B	-$703M	-283.8%	-$265M	$2.38B	-111.1%
Common Stock, Dividends, Per Share, Cash Paid	$1.20	$1.04	+15.4%	$4.80	$4.16	+15.4%
Common Stock, Dividends, Per Share, Declared	$1.20	$1.04	+15.4%	$4.80	$4.16	+15.4%
Common Stock, Par or Stated Value Per Share	$0.01	$0.01	0.0%	$0.01	$0.01	0.0%
Common Stock, Shares Authorized	750M	750M	0.0%	750M	750M	0.0%
Common Stock, Shares, Issued	268M	498M	-46.2%	268M	498M	-46.2%
Common Stock, Shares, Outstanding	268M	279M	-3.8%	268M	279M	-3.8%
Common Stock, Value, Issued	$3M	$3M	0.0%	$3M	$3M	0.0%
Common Stocks, Including Additional Paid in Capital	$22.7B2026-04-30	$21.4B	+6.4%	–	–	–
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$360M	$377M	-4.5%	$4.56B	$3.87B	+17.7%
Construction in Progress, Gross	$146M	$39M	+274.4%	$146M	$39M	+274.4%
Contract with Customer, Liability, Current	$1.07B	$1.02B	+5.2%	$1.07B	$1.02B	+5.2%
Contract with Customer, Liability, Noncurrent	$2M2026-04-30	$3M	-33.3%	$4M2025-07-31	$4M	0.0%
Contract with Customer, Liability, Revenue Recognized	$23M	$42M	-45.2%	$1B	$871M	+14.8%
Cost, Amortization	$43M	$44M	-2.3%	$174M	$156M	+11.5%
Costs and Expenses	$3.88B	$3.49B	+11.1%	$15.6B	$13.9B	+11.9%
Current Federal Tax Expense (Benefit)	–	–	–	-$59M	$1.22B	-104.8%
Current Foreign Tax Expense (Benefit)	–	–	–	$49M	$25M	+96.0%
Current Income Tax Expense (Benefit)	–	–	–	$179M	$1.48B	-87.9%
Current State and Local Tax Expense (Benefit)	–	–	–	$189M	$237M	-20.3%
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$51M	$41M	+24.4%	$51M	$41M	+24.4%
Debt Securities, Available-for-sale, Allowance for Credit Loss	$0	$0	–	$0	$0	–
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	$2.52B	$1.69B	+48.7%	$2.52B	$1.69B	+48.7%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$2.52B	$1.69B	+48.7%	$2.52B	$1.69B	+48.7%
Debt Securities, Available-for-sale, Restricted	$150M	$150M	0.0%	$150M	$150M	0.0%
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	$2.65B	$1.82B	+45.6%	$2.65B	$1.82B	+45.6%
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLossCurrent	$2.5B	$1.67B	+49.7%	$2.5B	$1.67B	+49.7%
DebtSecuritiesAvailableForSaleExcludingAccruedInterest	$2.65B	$1.82B	+45.5%	$2.65B	$1.82B	+45.5%
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent	$2.5B	$1.67B	+49.6%	$2.5B	$1.67B	+49.6%
DebtSecuritiesAvailableForSaleExcludingAccruedInterestNoncurrent	$248M	$94M	+163.8%	$248M	$94M	+163.8%
Deferred Compensation Liability, Current	$308M	$248M	+24.2%	$308M	$248M	+24.2%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-07-31, 10-Q 2026-04-30, 10-Q 2026-01-31, 10-Q 2025-10-31, 10-K 2025-07-31, 10-Q 2025-04-30, 10-Q 2025-01-31, 10-Q 2024-10-31, 10-K 2024-07-31

Data as of 2026-11-01