Intuit Inc (NASDAQ:INTU)

Stock Price: $418.43

+5.33 (1.29%)

Updated May 26, 2023 08:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	117.19B
Revenue	14.07B
Gross Profit	11.20B
Shares Out	280.06M
EPS (ttm)	7.89
PE Ratio	52.3383
Forward PE	30.3274
Dividend Rate (ttm)	3.0118
Dividend Yield	0.0072

Trading Day	May 26
Last Price	$418.43
Previous Close	$413.10
Change ($)	5.33
Change (%)	1.29%
Day's Open	413.76
Day's Range	413.11 - 428
Day's Volume	3.29M
52 Week Range	351.29 - 488.05

About Intuit Inc

Intuit’s mission is to power prosperity around the world. The Company is a mission-driven, global financial platform company with products including TurboTax, QuickBooks, and Mint, designed to empower consumers, self-employed and small businesses to improve their financial lives.

Intuit platform and products help customers get more money with the least amount of work, while giving them complete confidence in their actions and decisions. Its innovative ecosystem of financial management solutions serves more than 50 million customers worldwide.

News

Shannon Saccocia just took a position in Intuit stock: here’s why March 3, 2023

Intuit’s price forecast as pin+inside bar breakout occurs at the support zone June 24, 2022

Decision time as Intuit eyes a break below key support and 200-MA June 15, 2022

Intuit announced Q2 results. What should you do? February 25, 2022

Intuit stock prediction as shares climb on Goldman’s upgrade after FQ1 beat November 19, 2021

Intuit is up 10% in extended trading: here’s the catalyst November 18, 2021

Intuit to buy Mailchimp for about $12 billion in cash and stock September 14, 2021

Intuit stock price forecast ahead of Q2 earnings August 24, 2021

Intuit reports Q3 financial results: Here’s the main takeaways May 25, 2021

Intuit falls shy of analysts’ estimates for earnings and revenue in Q2 February 23, 2021

Quick info

Country

United States

Industry

Software Publishers

Sector

Information

Employees

17,300

CEO

Sasan Goodarzi

Address

2700 Coast Ave
Mountain View
California
94043-1140

Phone

16509446000

Website

www.intuit.com

Ticker Symbol

INTU

Exchange

NASDAQ Stock Exchange

Reporting Currency

USD

Intuit Inc income statements (2022) (USD)

	May 2022	May 2022	March 2022
Total Revenue	5.63B	5.63B	2.67B
Cost of Revenue	782M	782M	523M
Gross Profit	4.85B	4.85B	2.15B
Research & Development	600M	600M	590M
Selling General & Admin	1.69B	1.69B	1.34B
Operating Expense	3.24B	3.24B	2.62B
Operating Income	2.40B	2.40B	56M
Other Income Expense Net	0	0	0
EBIT	2.40B	2.40B	56M
Interest Income	19M	19M	21M
Pretax Income	2.37B	2.37B	30M
Income Tax	579M	579M	-70M
Minority Interest	0	0	0
Net Income	1.79B	1.79B	100M
Net Income Basic	1.79B	1.79B	100M

Intuit Inc income statements (2021) (USD)

	November 2021	September 2021	May 2021	February 2021
Total Revenue	2.01B	9.63B	4.17B	1.58B
Cost of Revenue	402M	1.63B	581M	353M
Gross Profit	1.61B	8B	3.59B	1.22B
Research & Development	530M	1.68B	464M	368M
Selling General & Admin	812M	3.63B	1.15B	830M
Operating Expense	1.81B	7.13B	2.26B	1.60B
Operating Income	195M	2.50B	1.91B	-25M
Other Income Expense Net	0	0	0	0
EBIT	195M	2.50B	1.91B	-25M
Interest Income	2M	29M	4M	5M
Pretax Income	238M	2.56B	1.92B	22M
Income Tax	10M	494M	457M	2M
Minority Interest	0	0	0	0
Net Income	228M	2.06B	1.46B	20M
Net Income Basic	228M	2.06B	1.46B	20M

Intuit Inc income statements (2020) (USD)

	August 2020	July 2020	April 2020	January 2020
Total Revenue	1.82B	1.82B	3B	1.70B
Cost of Revenue	317M	316M	428M	341M
Gross Profit	1.50B	1.50B	2.57B	1.36B
Research & Development	393M	393M	332M	333M
Selling General & Admin	617M	617M	829M	752M
Operating Expense	1.33B	1.33B	1.59B	1.43B
Operating Income	483M	484M	1.41B	270M
Other Income Expense Net	0	2M	-5M	12M
EBIT	483M	484M	1.41B	270M
Interest Income	30M	7M	2M	3M
Pretax Income	486M	486M	1.41B	282M
Income Tax	41M	41M	324M	42M
Minority Interest	0	0	0	0
Net Income	445M	445M	1.08B	240M
Net Income Basic	445M	445M	1.08B	240M

Intuit Inc income statements (2019) (USD)

	October 2019	July 2019	April 2019	January 2019
Total Revenue	1.17B	0.99B	3.27B	1.50B
Cost of Revenue	292M	283M	355M	286M
Gross Profit	873M	711M	2.92B	1.22B
Research & Development	334M	333M	311M	295M
Selling General & Admin	529M	531M	822M	688M
Operating Expense	1.16B	1.15B	1.49B	1.27B
Operating Income	10M	-153M	1.78B	233M
Other Income Expense Net	12M	16M	13M	2M
EBIT	10M	-153M	1.78B	233M
Interest Income	2M	3M	4M	4M
Pretax Income	22M	-137M	1.80B	235M
Income Tax	-35M	-93M	419M	46M
Minority Interest	0	0	0	0
Net Income	57M	-44M	1.38B	189M
Net Income Basic	57M	-44M	1.38B	189M

Intuit Inc income statements (2018) (USD)

	October 2018	July 2018	April 2018	January 2018
Total Revenue	1.02B	0.99B	2.93B	1.17B
Cost of Revenue	249M	233M	306M	247M
Gross Profit	767M	755M	2.62B	0.92B
Research & Development	294M	311M	296M	286M
Selling General & Admin	483M	525M	708M	612M
Operating Expense	1.03B	1.07B	1.31B	1.15B
Operating Income	-10M	-81M	1.62B	20M
Other Income Expense Net	-4M	7M	2M	-1M
EBIT	-10M	-81M	1.62B	20M
Interest Income	4M	4M	5M	6M
Pretax Income	-14M	-74M	1.62B	19M
Income Tax	-48M	-123M	417M	40M
Minority Interest	0	0	0	0
Net Income	34M	49M	1.20B	-21M
Net Income Basic	34M	49M	1.20B	-21M

Intuit Inc income statements (2017) (USD)

	October 2017	July 2017	April 2017
Total Revenue	886M	842M	2.54B
Cost of Revenue	197M	183M	238M
Gross Profit	689M	659M	2.30B
Research & Development	293M	263M	246M
Selling General & Admin	453M	406M	613M
Operating Expense	0.94B	852M	1.10B
Operating Income	-57M	-10M	1.44B
Other Income Expense Net	-2M	N.A	-5M
EBIT	-57M	-10M	1.44B
Interest Income	5M	3M	8M
Pretax Income	-59M	-10M	1.44B
Income Tax	-42M	-34M	475M
Minority Interest	0	0	0
Net Income	-17M	24M	0.96B
Net Income Basic	-17M	24M	0.96B

Intuit Inc balance sheet (2023) (USD)

	February 2023
Current Cash	2.07B
Receivables	1.92B
Inventory	0
Current Assets	4.76B
Other Current Assets	391M
Short Term Investments	391M
Long Term Investments	22.45B
Property/Plant Equipment	0.93B
Good Will	N.A
Intangible Assets	6.74B
Tangible Assets (Net)	-4.67B
Other Assets	371M
Total Assets	27.20B
Accounts Payable	811M
Other Current Liabilities	2.55B
Total Current Liabilities	3.86B
Total Liabilities	11.36B
Long Term Debt	6.58B
Current Long Term Debt	501M
Minority Interest	0
Common Stock	281M
Treasury Stock	-15.82B
Retained Earnings	13.34B
Capital Surplus	N.A
Shareholder Equity	15.84B
Other Liabilities	N.A

Intuit Inc balance sheet (2022) (USD)

	May 2022	May 2022	March 2022
Current Cash	3.90B	3.90B	1.41B
Receivables	744M	744M	1.13B
Inventory	0	0	0
Current Assets	5.86B	5.86B	3.49B
Other Current Assets	671M	671M	571M
Short Term Investments	671M	671M	571M
Long Term Investments	22.66B	22.66B	22.81B
Property/Plant Equipment	858M	858M	831M
Good Will	N.A	N.A	N.A
Intangible Assets	7.22B	7.22B	7.39B
Tangible Assets (Net)	-3.99B	-3.99B	-5.53B
Other Assets	312M	312M	325M
Total Assets	28.51B	28.51B	26.30B
Accounts Payable	0.90B	0.90B	883M
Other Current Liabilities	2.69B	2.69B	2.09B
Total Current Liabilities	3.59B	3.59B	2.97B
Total Liabilities	11.55B	11.55B	10.71B
Long Term Debt	6.85B	6.85B	6.73B
Current Long Term Debt	0	0	0
Minority Interest	0	0	0
Common Stock	282M	282M	283M
Treasury Stock	-14.3B	-14.3B	-13.81B
Retained Earnings	13.83B	13.83B	12.24B
Capital Surplus	N.A	N.A	N.A
Shareholder Equity	16.96B	16.96B	15.60B
Other Liabilities	N.A	N.A	N.A

Intuit Inc balance sheet (2021) (USD)

	November 2021
Current Cash	3.25B
Receivables	522M
Inventory	0
Current Assets	4.49B
Other Current Assets	409M
Short Term Investments	409M
Long Term Investments	10.38B
Property/Plant Equipment	789M
Good Will	N.A
Intangible Assets	3.20B
Tangible Assets (Net)	0.93B
Other Assets	289M
Total Assets	14.87B
Accounts Payable	531M
Other Current Liabilities	1.61B
Total Current Liabilities	2.14B
Total Liabilities	5.14B
Long Term Debt	2.04B
Current Long Term Debt	0
Minority Interest	0
Common Stock	273M
Treasury Stock	-13.29B
Retained Earnings	12.33B
Capital Surplus	N.A
Shareholder Equity	9.73B
Other Liabilities	N.A

Intuit Inc balance sheet (2020) (USD)

	August 2020	July 2020	April 2020	January 2020
Current Cash	7.05B	6.44B	3.37B	1.64B
Receivables	161M	149M	219M	603M
Inventory	0	N.A	N.A	N.A
Current Assets	7.98B	7.98B	4.86B	3.69B
Other Current Assets	314M	769M	666M	769M
Short Term Investments	314M	608M	600M	625M
Long Term Investments	2.95B	19M	19M	13M
Property/Plant Equipment	734M	0.96B	0.97B	1.06B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	28M	28M	34M	41M
Tangible Assets (Net)	3.42B	3.45B	3.09B	2.07B
Other Assets	225M	225M	231M	247M
Total Assets	10.93B	10.93B	7.76B	6.70B
Accounts Payable	305M	305M	384M	455M
Other Current Liabilities	1.89B	1.89B	1.60B	1.65B
Total Current Liabilities	3.53B	3.53B	2.71B	2.20B
Total Liabilities	5.83B	5.83B	3.02B	2.97B
Long Term Debt	2.03B	2.25B	263M	659M
Current Long Term Debt	1.34B	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	6.18B	N.A	260.75M	260.52M
Treasury Stock	-11.93B	N.A	11.93B	11.89B
Retained Earnings	10.89B	N.A	10.58B	9.64B
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	5.11B	5.11B	4.74B	3.73B
Other Liabilities	N.A	N.A	N.A	N.A

Intuit Inc balance sheet (2019) (USD)

	October 2019	July 2019	April 2019	January 2019
Current Cash	1.63B	2.12B	2.95B	1.08B
Receivables	104M	87M	262M	554M
Inventory	N.A	N.A	N.A	N.A
Current Assets	3.16B	3.59B	4.25B	2.64B
Other Current Assets	717M	702M	638M	687M
Short Term Investments	625M	624M	400M	258M
Long Term Investments	13M	13M	13M	13M
Property/Plant Equipment	1.08B	780M	799M	810M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	49M	54M	43M	49M
Tangible Assets (Net)	1.98B	-303M	2.46B	1.19B
Other Assets	224M	186M	202M	208M
Total Assets	6.18B	6.28B	6.92B	5.34B
Accounts Payable	272M	274M	383M	400M
Other Current Liabilities	1.38B	1.64B	1.52B	1.55B
Total Current Liabilities	1.76B	1.97B	2.29B	2B
Total Liabilities	2.55B	2.53B	2.85B	2.54B
Long Term Debt	670M	386M	398M	363M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	260.36M	260.18M	259.24M	259.07M
Treasury Stock	11.75B	11.61B	11.46B	11.33B
Retained Earnings	9.54B	9.62B	9.79B	8.54B
Capital Surplus	N.A	5.77B	N.A	N.A
Shareholder Equity	3.63B	3.75B	4.07B	2.80B
Other Liabilities	N.A	N.A	N.A	N.A

Intuit Inc balance sheet (2018) (USD)

	October 2018	July 2018	April 2018	January 2018
Current Cash	1.08B	1.46B	1.61B	478M
Receivables	77M	98M	309M	532M
Inventory	N.A	N.A	N.A	N.A
Current Assets	2.23B	2.40B	2.85B	1.90B
Other Current Assets	707M	551M	598M	611M
Short Term Investments	248M	252M	322M	248M
Long Term Investments	13M	13M	28M	28M
Property/Plant Equipment	805M	812M	0.95B	0.98B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	55M	61M	68M	75M
Tangible Assets (Net)	1.17B	-1.59B	751M	-458M
Other Assets	213M	190M	155M	162M
Total Assets	4.93B	5.18B	5.79B	4.90B
Accounts Payable	209M	178M	325M	343M
Other Current Liabilities	1.33B	1.89B	1.97B	2B
Total Current Liabilities	1.59B	2.12B	2.70B	3.03B
Total Liabilities	2.15B	2.82B	3.42B	3.74B
Long Term Debt	375M	388M	400M	413M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	259.51M	258.62M	256.59M	256.11M
Treasury Stock	11.15B	11.05B	11.05B	11.03B
Retained Earnings	8.47B	8.10B	8.16B	7.06B
Capital Surplus	N.A	5.34B	N.A	N.A
Shareholder Equity	2.78B	2.35B	2.36B	1.16B
Other Liabilities	N.A	N.A	N.A	N.A

Intuit Inc balance sheet (2017) (USD)

	October 2017	July 2017	April 2017
Current Cash	529M	529M	1.35B
Receivables	116M	103M	245M
Inventory	N.A	N.A	N.A
Current Assets	1.42B	1.42B	2.26B
Other Current Assets	461M	472M	417M
Short Term Investments	248M	248M	243M
Long Term Investments	31M	31M	28M
Property/Plant Equipment	1.02B	1.03B	1.04B
Good Will	N.A	N.A	N.A
Intangible Assets	18M	22M	27M
Tangible Assets (Net)	-91M	-1.9B	403M
Other Assets	146M	143M	141M
Total Assets	4.06B	4.07B	4.97B
Accounts Payable	220M	157M	269M
Other Current Liabilities	1.45B	1.74B	1.74B
Total Current Liabilities	2.12B	1.94B	2.49B
Total Liabilities	2.86B	2.71B	3.27B
Long Term Debt	425M	438M	450M
Current Long Term Debt	N.A	N.A	N.A
Minority Interest	0	0	0
Common Stock	255.65M	255.67M	256.22M
Treasury Stock	10.95B	10.78B	10.42B
Retained Earnings	7.18B	7.30B	7.36B
Capital Surplus	N.A	4.85B	N.A
Shareholder Equity	1.20B	1.35B	1.70B
Other Liabilities	N.A	N.A	N.A

Intuit Inc cash flow (2023) (USD)

	February 2023
Net Income	168M
Depreciation	209M
Changes in Receivables	1.92B
Changes in Inventories	0
Cash Change	2.07B
Cash Flow	284M
Capital Expenditures	-55M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-448M
Dividends Paid	N.A
Net Borrowings	4.62B
Other Financing Cash Flows	N.A
Cash Flow Financing	-442M
Exchange Rate Effect	N.A

Intuit Inc cash flow (2022) (USD)

	November 2022	September 2022	May 2022	May 2022	March 2022
Net Income	40M	-56M	1.79B	1.79B	100M
Depreciation	209M	208M	209M	209M	215M
Changes in Receivables	1.04B	539M	744M	744M	1.13B
Changes in Inventories	0	0	0	0	0
Cash Change	2.72B	3.28B	3.90B	3.90B	1.41B
Cash Flow	328M	339M	3.32B	3.32B	85M
Capital Expenditures	-77M	-61M	-61M	-61M	-65M
Investments	N.A	N.A	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-256M	-311M	-428M	-428M	-5.48B
Dividends Paid	N.A	N.A	N.A	N.A	N.A
Net Borrowings	3.94B	2.84B	2.28B	2.28B	4.75B
Other Financing Cash Flows	N.A	N.A	N.A	N.A	N.A
Cash Flow Financing	-0.91B	-897M	-443M	-443M	3.86B
Exchange Rate Effect	N.A	N.A	N.A	N.A	N.A

Intuit Inc cash flow (2020) (USD)

	August 2020	July 2020	April 2020	January 2020
Net Income	445M	445M	1.08B	240M
Depreciation	218M	4M	68M	73M
Changes in Receivables	-64M	70M	384M	-499M
Changes in Inventories	0	N.A	N.A	N.A
Cash Change	3.08B	3.20B	1.66B	59M
Cash Flow	2.41B	306M	1.95B	331M
Capital Expenditures	-137M	-30M	-39M	-30M
Investments	N.A	-1M	23M	1M
Investing Activity (other)	N.A	230M	-73M	-86M
Total Investing Cash Flows	-97M	14M	-15M	-39M
Dividends Paid	N.A	-142M	-139M	-139M
Net Borrowings	-4B	3.01B	-27M	-26M
Other Financing Cash Flows	N.A	-50M	-96M	14M
Cash Flow Financing	-2.03B	2.87B	-268M	-231M
Exchange Rate Effect	N.A	6M	-10M	-2M

Intuit Inc cash flow (2019) (USD)

	October 2019	July 2019	April 2019	January 2019
Net Income	57M	-44M	1.38B	189M
Depreciation	73M	59M	54M	55M
Changes in Receivables	-17M	175M	292M	-477M
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-509M	-777M	1.82B	-13M
Cash Flow	-113M	-122M	2.25B	341M
Capital Expenditures	-38M	-26M	-49M	-45M
Investments	2M	-221M	-139M	-9M
Investing Activity (other)	-100M	-83M	-83M	-76M
Total Investing Cash Flows	-57M	-265M	-260M	-61M
Dividends Paid	-141M	-127M	-123M	-122M
Net Borrowings	-27M	-12M	35M	-12M
Other Financing Cash Flows	-94M	-159M	-19M	-16M
Cash Flow Financing	-339M	-393M	-164M	-295M
Exchange Rate Effect	N.A	3M	-4M	2M

Intuit Inc cash flow (2018) (USD)

	October 2018	July 2018	April 2018	January 2018
Net Income	34M	49M	1.20B	-21M
Depreciation	57M	62M	64M	62M
Changes in Receivables	21M	211M	223M	-416M
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-309M	-202M	1.13B	51M
Cash Flow	-143M	-37M	1.98B	252M
Capital Expenditures	-35M	-27M	-20M	-27M
Investments	4M	86M	-76M	-1M
Investing Activity (other)	-76M	-93M	-5M	32M
Total Investing Cash Flows	20M	4M	-104M	-309M
Dividends Paid	-129M	-102M	-100M	-100M
Net Borrowings	-13M	-12M	-653M	228M
Other Financing Cash Flows	-65M	-141M	-10M	-10M
Cash Flow Financing	-182M	-165M	-727M	100M
Exchange Rate Effect	-4M	-4M	-10M	8M

Intuit Inc cash flow (2017) (USD)

	October 2017	July 2017	April 2017
Net Income	-17M	24M	0.96B
Depreciation	65M	62M	62M
Changes in Receivables	-13M	142M	N.A
Changes in Inventories	N.A	N.A	N.A
Cash Change	-53M	-771M	0.96B
Cash Flow	-78M	-290M	1.80B
Capital Expenditures	-50M	-52M	-46M
Investments	-2M	-6M	2M
Investing Activity (other)	-76M	-5M	-21M
Total Investing Cash Flows	-128M	-13M	-67M
Dividends Paid	-105M	-88M	-88M
Net Borrowings	387M	-12M	-650M
Other Financing Cash Flows	-39M	-93M	-10M
Cash Flow Financing	158M	-483M	-774M
Exchange Rate Effect	-5M	15M	-5M

Intuit Inc dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
06-04-2023	18-04-2023	10-04-2023	N.A	0.78	Ordinary Shares	Quarterly
09-01-2023	18-01-2023	10-01-2023	N.A	0.78	Ordinary Shares	Quarterly
08-07-2022	18-07-2022	11-07-2022	N.A	0.68	Ordinary Shares	Quarterly
09-10-2020	19-10-2020	12-10-2020	N.A	0.59	Ordinary Shares	Quarterly
09-07-2020	20-07-2020	10-07-2020	N.A	0.53	Ordinary Shares	Quarterly
09-04-2020	20-04-2020	13-04-2020	N.A	0.53	Ordinary Shares	Quarterly
09-01-2020	21-01-2020	10-01-2020	N.A	0.53	Ordinary Shares	Quarterly
08-10-2019	17-10-2019	09-10-2019	N.A	0.53	Ordinary Shares	Quarterly
08-07-2019	17-07-2019	09-07-2019	N.A	0.47	Ordinary Shares	Quarterly
08-04-2019	17-04-2019	09-04-2019	N.A	0.47	Ordinary Shares	Quarterly
09-01-2019	18-01-2019	10-01-2019	N.A	0.47	Ordinary Shares	Quarterly
08-10-2018	17-10-2018	09-10-2018	N.A	0.47	Ordinary Shares	Quarterly
08-07-2018	17-07-2018	09-07-2018	N.A	0.39	Ordinary Shares	Quarterly
08-04-2018	17-04-2018	09-04-2018	N.A	0.39	Ordinary Shares	Quarterly
09-01-2018	18-01-2018	10-01-2018	N.A	0.39	Ordinary Shares	Quarterly
05-10-2017	17-10-2017	09-10-2017	N.A	0.39	Ordinary Shares	Quarterly
05-07-2017	17-07-2017	09-07-2017	N.A	0.34	Ordinary Shares	Quarterly
05-04-2017	17-04-2017	09-04-2017	N.A	0.34	Ordinary Shares	Quarterly
06-01-2017	18-01-2017	10-01-2017	N.A	0.34	Ordinary Shares	Quarterly
04-10-2016	17-10-2016	09-10-2016	N.A	0.34	Ordinary Shares	Quarterly
07-07-2016	17-07-2016	11-07-2016	N.A	0.30	Ordinary Shares	Quarterly
06-04-2016	17-04-2016	10-04-2016	N.A	0.30	Ordinary Shares	Quarterly
07-01-2016	19-01-2016	11-01-2016	N.A	0.30	Ordinary Shares	Quarterly
06-10-2015	18-10-2015	11-10-2015	N.A	0.30	Ordinary Shares	Quarterly
07-07-2015	19-07-2015	09-07-2015	N.A	0.25	Ordinary Shares	Quarterly