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INTU - Intuit Inc.

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Intuit Inc.

INTU

NASDAQ

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProConnect. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; QuickBooks Commerce, a solution for product-based businesses; QuickBooks Online Accountant and QuickBooks Accountant Desktop Plus solutions; and payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state payroll tax forms. This segment also offers payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; QuickBooks Cash business bank account; and financial supplies and financing for small businesses. The Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProConnect segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

633.94 USD

10.75 (1.7%)

INTU Financial Statements

Year

2024

2023

2022

2021

Total Revenue

16.29B

14.37B

12.73B

9.63B

Cost of Revenue

3.46B

3.14B

2.41B

1.68B

Gross Profit

12.82B

11.22B

10.32B

7.95B

Operating Expenses

9.19B

8.08B

7.75B

5.45B

Research and Development

2.75B

2.54B

2.35B

1.68B

Selling, General & Administrative Expenses

5.73B

5.06B

4.99B

3.63B

Selling & Marketing Expenses

4.31B

3.33B

3.53B

2.64B

General & Administrative Expenses

1.42B

1.73B

1.46B

982M

Other Expenses

706M

3.56B

416M

146M

Operating Income

3.63B

3.14B

2.57B

2.5B

Total Other Income/Expenses Net

-80M

-152M

-29M

56M

Income Before Tax

3.55B

2.99B

2.54B

2.56B

Income Tax

587M

605M

476M

494M

Net Income

2.96B

2.38B

2.07B

2.06B

Basic EPS

10.58

8.48

7.38

7.64

EPS Diluted

10.43

8.42

7.27

7.55

Basic Average Shares

280M

281M

280M

270M

Diluted Average Shares

284M

283M

284M

273M

EBITDA

4.58B

4.04B

3.37B

2.95B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

15.07B

13.58B

12.3B

10.88B

Net Income

2.96B

2.38B

2.07B

2.06B

Stock Repurchases

-1.99B

-1.97B

-1.86B

-1B

Dividend Paid

-1.03B

-889M

-774M

-646M

Retained Earnings

16.99B

15.07B

13.58B

12.3B

Other Distributions

-1.1B

-1.37B

-1.35B

-240M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

1.42B

1.44B

1.44B

1.16B

Annual Depreciation

789M

806M

746M

363M

Capital Expenditure

-250M

-260M

-229M

-125M

Net PPE

881M

892M

920M

922M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

64M

44M

8.12B

3.96B

Goodwill (Previous Year)

13.78B

13.74B

5.61B

1.65B

Goodwill

13.84B

13.78B

13.74B

5.61B

All figures are in USD.

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