Intuit Income Statement

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	20,121	18,831	16,285	14,368	12,726	9,633
Revenue Growth (YoY)	17.21%	15.63%	13.34%	12.90%	32.11%	25.45%
Cost of Revenue	3,844	3,692	3,319	2,980	2,266	1,633
Gross Profit	16,277	15,139	12,966	11,388	10,460	8,000
Selling, General & Admin	6,987	6,636	5,730	5,062	4,923	3,595
Research & Development	3,187	2,928	2,754	2,539	2,347	1,678
Amortization of Goodwill & Intangibles	653	637	629	646	556	196
Operating Expenses	10,827	10,201	9,113	8,247	7,826	5,469
Operating Income	5,450	4,938	3,853	3,141	2,634	2,531
Interest Expense	-243	-247	-242	-248	-81	-29
Interest & Investment Income	172	175	147	106	15	11
Other Non Operating Income (Expenses)	53	34	15	-10	37	74
EBT Excluding Unusual Items	5,432	4,900	3,773	2,989	2,605	2,587
Merger & Restructuring Charges	-2	-15	-223	-	-63	-31
Gain (Loss) on Sale of Investments	50	-51	-	-	-	-
Pretax Income	5,480	4,834	3,550	2,989	2,542	2,556
Income Tax Expense	1,140	965	587	605	476	494
Earnings From Continuing Operations	4,340	3,869	2,963	2,384	2,066	2,062
Net Income	4,340	3,869	2,963	2,384	2,066	2,062
Net Income to Common	4,340	3,869	2,963	2,384	2,066	2,062
Net Income Growth	42.90%	30.58%	24.29%	15.39%	0.19%	12.92%
Shares Outstanding (Basic)	280	280	280	281	280	270
Shares Outstanding (Diluted)	282	283	284	283	284	273
Shares Change (YoY)	-0.53%	-0.35%	0.35%	-0.35%	4.03%	3.41%
EPS (Basic)	15.53	13.82	10.58	8.48	7.38	7.64
EPS (Diluted)	15.40	13.67	10.43	8.42	7.28	7.56
EPS Growth	43.88%	31.06%	23.87%	15.66%	-3.70%	9.25%
Free Cash Flow	6,879	6,123	4,693	4,836	3,732	3,197
Free Cash Flow Per Share	24.39	21.64	16.52	17.09	13.14	11.71
Dividend Per Share	4.480	4.160	3.600	3.120	2.720	2.360
Dividend Growth	15.46%	15.56%	15.38%	14.71%	15.25%	11.32%
Gross Margin	80.90%	80.39%	79.62%	79.26%	82.19%	83.05%
Operating Margin	27.09%	26.22%	23.66%	21.86%	20.70%	26.27%
Profit Margin	21.57%	20.55%	18.20%	16.59%	16.23%	21.41%
Free Cash Flow Margin	34.19%	32.52%	28.82%	33.66%	29.33%	33.19%
EBITDA	6,107	5,591	4,496	3,784	3,240	2,844
EBITDA Margin	30.35%	29.69%	27.61%	26.34%	25.46%	29.52%
D&A For EBITDA	657	653	643	643	606	313
EBIT	5,450	4,938	3,853	3,141	2,634	2,531
EBIT Margin	27.09%	26.22%	23.66%	21.86%	20.70%	26.27%
Effective Tax Rate	20.80%	19.96%	16.54%	20.24%	18.73%	19.33%
Revenue as Reported	20,121	18,831	16,285	14,368	12,726	9,633
Advertising Expenses	-	2,100	1,700	1,500	1,600	1,100

Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.