Intuit Inc. (INTU) — Financial statements
Income statement, balance sheet, and cash flow for Intuit Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 18,831↑15.6% | 16,285↑13.3% | 14,368↑12.9% | 12,726↑32.1% | 9,633 | |
| Cost of Revenue | 3,624↑4.6% | 3,465↑10.2% | 3,143↑30.6% | 2,406↑43.0% | 1,683 | |
| Gross Profit | 15,207↑18.6% | 12,820↑14.2% | 11,225↑8.8% | 10,320↑29.8% | 7,950 | |
| Operating Expenses | ||||||
| R&D Expenses | 2,928↑6.3% | 2,754↑8.5% | 2,539↑8.2% | 2,347↑39.9% | 1,678 | |
| General & Administrative Expenses | 1,601↑12.9% | 1,418↑9.1% | 1,300↓11.0% | 1,460↑48.7% | 982 | |
| Selling & Marketing Expenses | 5,035↑16.8% | 4,312↑14.6% | 3,762↑6.7% | 3,526↑33.4% | 2,644 | |
| SG&A Expenses | 6,636↑15.8% | 5,730↑13.2% | 5,062↑1.5% | 4,986↑37.5% | 3,626 | |
| Other Expenses | 720↑2.0% | 706↑46.2% | 483↑16.1% | 416↑184.9% | 146 | |
| Operating Expenses | 10,284↑11.9% | 9,190↑13.7% | 8,084↑4.3% | 7,749↑42.2% | 5,450 | |
| Total Costs & Expenses | 13,908↑9.9% | 12,655↑12.7% | 11,227↑10.6% | 10,155↑42.4% | 7,133 | |
| Operating Results | ||||||
| Operating Income | 4,923↑35.6% | 3,630↑15.6% | 3,141↑22.2% | 2,571↑2.8% | 2,500 | |
| Depreciation & Amortization | 809↑2.5% | 789↓2.1% | 806↑8.0% | 746↑105.5% | 363 | |
| EBITDA | 5,890↑28.6% | 4,581↑13.3% | 4,043↑20.0% | 3,369↑14.3% | 2,948 | |
| EBIT | 5,081↑34.0% | 3,792↑17.1% | 3,237↑23.4% | 2,623↑1.5% | 2,585 | |
| Interest & Other Income | ||||||
| Net Interest Income | -72↑24.2% | -95↑33.1% | -142↓735.3% | -17↓160.7% | 28 | |
| Interest Income | 175↑19.0% | 147↑38.7% | 106↑65.6% | 64↑12.3% | 57 | |
| Interest Expense | 247↑2.1% | 242↓2.4% | 248↑206.2% | 81↑179.3% | 29 | |
| Non-Operating Income | -158↑2.5% | -162↓68.8% | -96↓84.6% | -52↑38.8% | -85 | |
| Other Income / Expenses | -89↓11.3% | -80↑47.4% | -152↓424.1% | -29↓151.8% | 56 | |
| Income Before Tax | 4,834↑36.2% | 3,550↑18.8% | 2,989↑17.6% | 2,542↓0.5% | 2,556 | |
| Income Tax Expense | 965↑64.4% | 587↓3.0% | 605↑27.1% | 476↓3.6% | 494 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3,869↑30.6% | 2,963↑24.3% | 2,384↑15.4% | 2,066↑0.2% | 2,062 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,869↑30.6% | 2,963↑24.3% | 2,384↑15.4% | 2,066↑0.2% | 2,062 | |
| Bottom-Line Net Income | 3,869↑30.6% | 2,963↑24.3% | 2,384↑15.4% | 2,066↑0.2% | 2,062 | |
| EPS (Basic) | 13.82↑30.6% | 10.58↑24.8% | 8.48↑14.9% | 7.38↓3.4% | 7.64 | |
| EPS (Diluted) | 13.67↑31.1% | 10.43↑23.9% | 8.42↑15.8% | 7.27↓3.7% | 7.55 | |
| Weighted Average Shares | 280↑0.0% | 280↓0.4% | 281↑0.4% | 280↑3.7% | 270 | |
| Weighted Average Diluted Shares | 283↓0.4% | 284↑0.4% | 283↓0.4% | 284↑4.0% | 273 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.