Intuit Inc
NASDAQ:INTU
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Gross Margin
Intuit Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 179.3B USD |
Gross Margin |
79%
|
Country | US |
Market Cap | 327.7B USD |
Gross Margin |
76%
|
Country | DE |
Market Cap | 263.5B EUR |
Gross Margin |
73%
|
Country | US |
Market Cap | 230B USD |
Gross Margin |
89%
|
Country | US |
Market Cap | 192.7B USD |
Gross Margin |
23%
|
Country | US |
Market Cap | 146.1B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 111.8B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 85.5B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 86.8B USD |
Gross Margin |
80%
|
Country | US |
Market Cap | 85.5B USD |
Gross Margin |
88%
|
Country | US |
Market Cap | 71.2B USD |
Gross Margin |
76%
|
Intuit Inc
Glance View
Intuit Inc., a leading financial software company, has carved a niche for itself in the economic landscape, catering to the needs of individuals, small businesses, and accountants alike. Established in 1983, Intuit is best known for its flagship products like TurboTax, QuickBooks, and Mint. TurboTax revolutionized tax preparation, making it accessible and user-friendly for millions during tax season, while QuickBooks has become the quintessential accounting solution for small business owners looking to streamline their finances and improve productivity. As the world increasingly turns to digital solutions, Intuit has embraced innovation, investing in artificial intelligence and cloud computing to enhance user experience and drive efficiency. For investors, Intuit represents a compelling opportunity, driven by a robust growth strategy and a strong market position. With recurring subscription revenue from its cloud-based products, the company maintains a resilient business model that offers stability even amidst economic fluctuations. Intuit's commitment to continuous enhancement of its offerings ensures it remains relevant in a rapidly evolving landscape, appealing to a diverse customer base. Moreover, strategic acquisitions, such as the recent purchase of Mailchimp, expand its ecosystem and potential revenue streams, positioning Intuit favorably for sustained growth. With a financial foundation supported by consistent revenue growth and profitability, Intuit not only embodies the principles of sound investment but also presents itself as a trusted partner in the financial journey of its users.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Intuit Inc's most recent financial statements, the company has Gross Margin of 78.7%.