Intuit Inc. (INTU)

Intuit Income Statement

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

Year Ending	TTM	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020	Jul 31, 2019
Revenue	15,813	14,368	12,726	9,633	7,679	6,784
Revenue Growth (YoY)	12.39%	12.90%	32.11%	25.45%	13.19%	12.60%
Cost of Revenue	3,244	2,980	2,266	1,633	1,356	1,147
Gross Profit	12,569	11,388	10,460	8,000	6,323	5,637
Selling, General & Admin	5,430	5,062	4,986	3,626	2,727	2,524
Research & Development	2,709	2,539	2,347	1,678	1,392	1,233
Other Operating Expenses	632	646	556	196	28	26
Operating Expenses	8,771	8,247	7,889	5,500	4,147	3,783
Operating Income	3,798	3,141	2,571	2,500	2,176	1,854
Interest Expense / Income	250	248	81	29	14	15
Other Expense / Income	-137	-96	-52	-85	-36	-42
Pretax Income	3,685	2,989	2,542	2,556	2,198	1,881
Income Tax	613	605	476	494	372	324
Net Income	3,072	2,384	2,066	2,062	1,826	1,557
Net Income Growth	37.20%	15.39%	0.19%	12.92%	17.28%	17.16%
Shares Outstanding (Basic)	280	281	280	270	261	260
Shares Outstanding (Diluted)	284	283	284	273	264	264
Shares Change	0.35%	-0.35%	4.03%	3.41%	-	1.15%
EPS (Basic)	10.97	8.49	7.38	7.65	6.99	5.99
EPS (Diluted)	10.83	8.42	7.28	7.56	6.92	5.89
EPS Growth	36.74%	15.66%	-3.70%	9.25%	17.49%	15.72%
Free Cash Flow	5,061	4,786	3,660	3,125	2,277	2,169
Free Cash Flow Per Share	18.07	17.03	13.07	11.57	8.72	8.34
Dividend Per Share	3.480	3.120	2.720	2.360	2.120	1.880
Dividend Growth	15.23%	14.71%	15.25%	11.32%	12.77%	20.51%
Gross Margin	79.49%	79.26%	82.19%	83.05%	82.34%	83.09%
Operating Margin	24.02%	21.86%	20.20%	25.95%	28.34%	27.33%
Profit Margin	19.43%	16.59%	16.23%	21.41%	23.78%	22.95%
Free Cash Flow Margin	32.01%	33.31%	28.76%	32.44%	29.65%	31.97%
Effective Tax Rate	16.64%	20.24%	18.73%	19.33%	16.92%	17.22%
EBITDA	4,796	4,133	3,452	3,010	2,490	2,121
EBITDA Margin	30.33%	28.77%	27.13%	31.25%	32.43%	31.26%
Depreciation & Amortization	861	896	829	425	278	225
EBIT	3,935	3,237	2,623	2,585	2,212	1,896
EBIT Margin	24.88%	22.53%	20.61%	26.83%	28.81%	27.95%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).