
Intuit Inc
NASDAQ:INTU

Income Statement
Earnings Waterfall
Intuit Inc
Revenue
|
17.2B
USD
|
Cost of Revenue
|
-3.6B
USD
|
Gross Profit
|
13.6B
USD
|
Operating Expenses
|
-9.5B
USD
|
Operating Income
|
4.1B
USD
|
Other Expenses
|
-1B
USD
|
Net Income
|
3B
USD
|
Income Statement
Intuit Inc
Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 200
N/A
|
3 947
-6%
|
4 192
+6%
|
4 115
-2%
|
4 289
+4%
|
4 458
+4%
|
4 694
+5%
|
4 759
+1%
|
4 852
+2%
|
5 089
+5%
|
5 196
+2%
|
5 328
+3%
|
5 651
+6%
|
6 022
+7%
|
6 025
+0%
|
6 131
+2%
|
6 294
+3%
|
6 654
+6%
|
6 784
+2%
|
6 933
+2%
|
7 127
+3%
|
6 857
-4%
|
7 679
+12%
|
7 837
+2%
|
7 717
-2%
|
8 888
+15%
|
9 633
+8%
|
10 317
+7%
|
11 414
+11%
|
12 873
+13%
|
12 726
-1%
|
13 316
+5%
|
13 684
+3%
|
14 070
+3%
|
14 368
+2%
|
14 749
+3%
|
15 094
+2%
|
15 813
+5%
|
16 285
+3%
|
16 590
+2%
|
17 167
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(649)
|
(681)
|
(725)
|
(681)
|
(692)
|
(706)
|
(752)
|
(769)
|
(776)
|
(797)
|
(810)
|
(825)
|
(865)
|
(933)
|
(978)
|
(1 027)
|
(1 066)
|
(1 115)
|
(1 167)
|
(1 210)
|
(1 265)
|
(1 337)
|
(1 378)
|
(1 344)
|
(1 371)
|
(1 540)
|
(1 683)
|
(1 844)
|
(2 042)
|
(2 271)
|
(2 406)
|
(2 665)
|
(2 873)
|
(3 030)
|
(3 143)
|
(3 227)
|
(3 309)
|
(3 395)
|
(3 465)
|
(3 528)
|
(3 610)
|
|
Gross Profit |
3 551
N/A
|
3 266
-8%
|
3 467
+6%
|
3 434
-1%
|
3 597
+5%
|
3 752
+4%
|
3 942
+5%
|
3 990
+1%
|
4 076
+2%
|
4 292
+5%
|
4 386
+2%
|
4 503
+3%
|
4 786
+6%
|
5 089
+6%
|
5 047
-1%
|
5 104
+1%
|
5 228
+2%
|
5 539
+6%
|
5 617
+1%
|
5 723
+2%
|
5 862
+2%
|
5 520
-6%
|
6 301
+14%
|
6 493
+3%
|
6 346
-2%
|
7 348
+16%
|
7 950
+8%
|
8 473
+7%
|
9 372
+11%
|
10 602
+13%
|
10 320
-3%
|
10 651
+3%
|
10 811
+2%
|
11 040
+2%
|
11 225
+2%
|
11 522
+3%
|
11 785
+2%
|
12 418
+5%
|
12 820
+3%
|
13 062
+2%
|
13 557
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 326)
|
(2 355)
|
(2 581)
|
(2 442)
|
(2 474)
|
(2 525)
|
(2 700)
|
(2 780)
|
(2 886)
|
(2 943)
|
(2 968)
|
(3 059)
|
(3 170)
|
(3 316)
|
(3 408)
|
(3 519)
|
(3 604)
|
(3 732)
|
(3 763)
|
(3 849)
|
(3 951)
|
(3 980)
|
(4 125)
|
(4 118)
|
(4 266)
|
(4 767)
|
(5 450)
|
(5 987)
|
(6 805)
|
(7 554)
|
(7 749)
|
(8 199)
|
(8 145)
|
(7 991)
|
(8 084)
|
(8 150)
|
(8 314)
|
(8 620)
|
(8 967)
|
(9 236)
|
(9 503)
|
|
Selling, General & Administrative |
(1 593)
|
(1 604)
|
(1 771)
|
(1 653)
|
(1 670)
|
(1 698)
|
(1 807)
|
(1 855)
|
(1 924)
|
(1 965)
|
(1 968)
|
(2 012)
|
(2 079)
|
(2 174)
|
(2 216)
|
(2 325)
|
(2 401)
|
(2 515)
|
(2 524)
|
(2 570)
|
(2 634)
|
(2 641)
|
(2 727)
|
(2 729)
|
(2 807)
|
(3 124)
|
(3 626)
|
(3 907)
|
(4 418)
|
(4 964)
|
(4 986)
|
(5 273)
|
(5 179)
|
(5 022)
|
(5 062)
|
(5 074)
|
(5 191)
|
(5 430)
|
(5 730)
|
(5 975)
|
(6 204)
|
|
Research & Development |
(729)
|
(749)
|
(798)
|
(788)
|
(805)
|
(827)
|
(881)
|
(914)
|
(952)
|
(970)
|
(998)
|
(1 045)
|
(1 088)
|
(1 138)
|
(1 186)
|
(1 187)
|
(1 196)
|
(1 211)
|
(1 233)
|
(1 273)
|
(1 311)
|
(1 332)
|
(1 392)
|
(1 383)
|
(1 418)
|
(1 550)
|
(1 678)
|
(1 883)
|
(2 105)
|
(2 241)
|
(2 347)
|
(2 442)
|
(2 482)
|
(2 486)
|
(2 539)
|
(2 594)
|
(2 642)
|
(2 709)
|
(2 754)
|
(2 778)
|
(2 816)
|
|
Depreciation & Amortization |
(4)
|
(2)
|
(12)
|
(2)
|
0
|
0
|
(12)
|
(11)
|
(10)
|
(8)
|
(2)
|
(2)
|
(3)
|
(4)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(41)
|
(93)
|
(146)
|
(197)
|
(282)
|
(349)
|
(416)
|
(484)
|
(484)
|
(483)
|
(483)
|
(482)
|
(481)
|
(481)
|
(483)
|
(483)
|
(483)
|
|
Operating Income |
1 225
N/A
|
911
-26%
|
886
-3%
|
992
+12%
|
1 123
+13%
|
1 227
+9%
|
1 242
+1%
|
1 210
-3%
|
1 190
-2%
|
1 349
+13%
|
1 418
+5%
|
1 444
+2%
|
1 616
+12%
|
1 773
+10%
|
1 639
-8%
|
1 585
-3%
|
1 624
+2%
|
1 807
+11%
|
1 854
+3%
|
1 874
+1%
|
1 911
+2%
|
1 540
-19%
|
2 176
+41%
|
2 375
+9%
|
2 080
-12%
|
2 581
+24%
|
2 500
-3%
|
2 486
-1%
|
2 567
+3%
|
3 048
+19%
|
2 571
-16%
|
2 452
-5%
|
2 666
+9%
|
3 049
+14%
|
3 141
+3%
|
3 372
+7%
|
3 471
+3%
|
3 798
+9%
|
3 853
+1%
|
3 826
-1%
|
4 054
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(19)
|
(21)
|
(25)
|
(29)
|
(32)
|
(33)
|
(34)
|
(31)
|
(23)
|
(18)
|
(12)
|
(7)
|
(2)
|
4
|
10
|
21
|
31
|
38
|
44
|
42
|
25
|
10
|
(3)
|
(15)
|
(18)
|
24
|
8
|
1
|
(19)
|
(91)
|
(120)
|
(153)
|
(148)
|
(144)
|
(131)
|
(113)
|
(95)
|
(82)
|
(71)
|
|
Non-Reccuring Items |
0
|
(114)
|
(148)
|
0
|
0
|
115
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(79)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(223)
|
(232)
|
(236)
|
|
Total Other Income |
0
|
(1)
|
(7)
|
(9)
|
(14)
|
(12)
|
(7)
|
(6)
|
(3)
|
(3)
|
(5)
|
(1)
|
4
|
6
|
8
|
0
|
(3)
|
(3)
|
(4)
|
5
|
9
|
(7)
|
(3)
|
1
|
49
|
73
|
74
|
74
|
17
|
(5)
|
(10)
|
(25)
|
(12)
|
(1)
|
(4)
|
(7)
|
7
|
0
|
15
|
(13)
|
(31)
|
|
Pre-Tax Income |
1 224
N/A
|
795
-35%
|
712
-10%
|
962
+35%
|
1 084
+13%
|
1 301
+20%
|
1 203
-8%
|
1 171
-3%
|
1 153
-2%
|
1 315
+14%
|
1 390
+6%
|
1 425
+3%
|
1 608
+13%
|
1 772
+10%
|
1 566
-12%
|
1 589
+1%
|
1 631
+3%
|
1 825
+12%
|
1 881
+3%
|
1 917
+2%
|
1 964
+2%
|
1 575
-20%
|
2 198
+40%
|
2 386
+9%
|
2 126
-11%
|
2 639
+24%
|
2 556
-3%
|
2 584
+1%
|
2 592
+0%
|
3 044
+17%
|
2 542
-16%
|
2 336
-8%
|
2 534
+8%
|
2 895
+14%
|
2 989
+3%
|
3 221
+8%
|
3 347
+4%
|
3 685
+10%
|
3 550
-4%
|
3 499
-1%
|
3 716
+6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(418)
|
(317)
|
(299)
|
(335)
|
(368)
|
(393)
|
(397)
|
(364)
|
(362)
|
(408)
|
(405)
|
(412)
|
(462)
|
(394)
|
(266)
|
(253)
|
(252)
|
(264)
|
(324)
|
(337)
|
(333)
|
(238)
|
(372)
|
(419)
|
(379)
|
(512)
|
(494)
|
(492)
|
(420)
|
(542)
|
(476)
|
(458)
|
(588)
|
(656)
|
(605)
|
(636)
|
(577)
|
(613)
|
(587)
|
(580)
|
(679)
|
|
Income from Continuing Operations |
806
|
478
|
413
|
627
|
716
|
908
|
806
|
807
|
791
|
907
|
985
|
1 013
|
1 146
|
1 378
|
1 300
|
1 336
|
1 379
|
1 561
|
1 557
|
1 580
|
1 631
|
1 337
|
1 826
|
1 967
|
1 747
|
2 127
|
2 062
|
2 092
|
2 172
|
2 502
|
2 066
|
1 878
|
1 946
|
2 239
|
2 384
|
2 585
|
2 770
|
3 072
|
2 963
|
2 919
|
3 037
|
|
Net Income (Common) |
805
N/A
|
322
-60%
|
365
+13%
|
418
+15%
|
508
+22%
|
1 033
+103%
|
979
-5%
|
980
+0%
|
969
-1%
|
907
-6%
|
985
+9%
|
1 013
+3%
|
1 183
+17%
|
1 405
+19%
|
1 329
-5%
|
1 365
+3%
|
1 371
+0%
|
1 563
+14%
|
1 557
0%
|
1 580
+1%
|
1 631
+3%
|
1 337
-18%
|
1 826
+37%
|
1 967
+8%
|
1 747
-11%
|
2 127
+22%
|
2 062
-3%
|
2 092
+1%
|
2 172
+4%
|
2 502
+15%
|
2 066
-17%
|
1 878
-9%
|
1 946
+4%
|
2 239
+15%
|
2 384
+6%
|
2 585
+8%
|
2 770
+7%
|
3 072
+11%
|
2 963
-4%
|
2 919
-1%
|
3 037
+4%
|
|
EPS (Diluted) |
2.82
N/A
|
1.14
-60%
|
1.27
+11%
|
1.53
+20%
|
1.9
+24%
|
3.97
+109%
|
3.69
-7%
|
3.79
+3%
|
3.72
-2%
|
3.48
-6%
|
3.77
+8%
|
3.95
+5%
|
4.55
+15%
|
5.36
+18%
|
5.09
-5%
|
5.17
+2%
|
5.19
+0%
|
5.91
+14%
|
5.9
0%
|
5.99
+2%
|
6.18
+3%
|
5.07
-18%
|
6.92
+36%
|
7.42
+7%
|
6.39
-14%
|
7.7
+21%
|
7.55
-2%
|
7.55
N/A
|
7.56
+0%
|
8.74
+16%
|
7.27
-17%
|
6.61
-9%
|
6.9
+4%
|
7.91
+15%
|
8.42
+6%
|
9.13
+8%
|
9.77
+7%
|
10.81
+11%
|
10.43
-4%
|
10.31
-1%
|
10.73
+4%
|