← INTUIT INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $4.7b
$5.2b +10.29%
$6.0b +15.20%
$6.8b +13.75%
$7.7b +13.19%
$9.6b +25.45%
$12.7b +32.11%
$14.4b +12.90%
$16.3b +13.34%
$18.8b +15.63%
$20.9b +11.12%
Cost of Revenue $131.0m
$120.0m -8.40%
$962.0m +701.67%
$1.1b +19.23%
$1.4b +18.22%
$1.6b +20.43%
$2.3b +38.76%
$3.0b +31.51%
$3.3b +11.38%
$3.7b +11.24%
$4.2b +13.60%
Gross Profit (Calculated) $4.6b
$5.1b +10.83%
$5.0b -1.09%
$5.6b +12.69%
$6.3b +12.17%
$8.0b +26.52%
$10.5b +30.75%
$11.4b +8.87%
$13.0b +13.86%
$15.1b +16.76%
—
Research and Development Expense $881.0m $998.0m $1.2b $1.2b $1.4b $1.7b $2.3b $2.5b $2.8b $2.9b $3.3b
Selling and Marketing Expense $1.3b $1.4b $1.6b $1.9b $2.0b $2.6b $3.5b $3.8b $4.3b $5.0b $7.2b
General and Administrative Expense $518.0m $553.0m $664.0m $597.0m $679.0m $982.0m $1.5b $1.3b $1.4b $1.6b $1.7b
Amortization of Intangible Assets $12.0m $2.0m $6.0m $6.0m $6.0m $146.0m $416.0m $483.0m $483.0m $481.0m —
Amortization of acquired technology $22.0m $12.0m $15.0m $20.0m $22.0m $50.0m $140.0m $163.0m $146.0m $156.0m —
Restructuring — — — — — — $0 $0 $223.0m $15.0m $1.0m
Operating expenses:
Operating Income (Loss) $1.2b
$1.4b +12.32%
$1.5b +7.31%
$1.9b +23.85%
$2.2b +17.37%
$2.5b +14.89%
$2.6b +2.84%
$3.1b +22.17%
$3.6b +15.57%
$4.9b +35.62%
$5.7b +16.78%
Interest Expense, Debt $35.0m $31.0m $20.0m $15.0m $14.0m $29.0m $81.0m $248.0m $242.0m $247.0m $245.0m
Interest and other income, net ($4.0m) $3.0m $26.0m $42.0m $36.0m $85.0m $52.0m $96.0m $162.0m $158.0m —
Other Nonoperating Income (Expense) ($4.0m) $3.0m $26.0m $42.0m $36.0m $85.0m $52.0m $96.0m $162.0m $158.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.2b $1.4b $1.5b $1.8b $2.2b $2.5b $2.4b $2.8b $3.4b $4.7b $5.8b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — $1.4b $1.6b $1.9b $2.2b $2.6b $2.5b $3.0b $3.5b $4.8b $5.8b
Current Income Tax Expense (Benefit) $447.0m $389.0m $249.0m $352.0m $472.0m $537.0m $377.0m $1.3b $1.2b $1.5b $1.3b
Income Tax Expense (Benefit) $397.0m $396.0m $292.0m $324.0m $372.0m $494.0m $476.0m $605.0m $587.0m $965.0m $1.3b
Net Income (Loss) Attributable to Parent $979.0m
$971.0m -0.82%
$1.2b +24.72%
$1.6b +28.57%
$1.8b +17.28%
$2.1b +12.92%
$2.1b +0.19%
$2.4b +15.39%
$3.0b +24.29%
$3.9b +30.58%
$4.6b +18.48%
Earnings Per Share, Basic $3.73 $3.78 $4.72 $5.99 $6.99 $7.65 $7.38 $8.49 $10.58 $13.82 $16.50
Earnings Per Share, Diluted $3.69 $3.72 $4.64 $5.89 $6.92 $7.56 $7.28 $8.42 $10.43 $13.67 $16.39
Income (Loss) from Continuing Operations, Per Basic Share $3 $4 $5 — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $3 $4 $5 — — — — — — — —
Common Stock, Dividends, Per Share, Declared $1.20 $1.36 $1.56 $1.88 $2.12 $2.36 $2.72 $3.12 $3.60 $4.16 —
Weighted Average Number of Shares Outstanding, Basic 262.0m 257.0m 256.0m 260.0m 261.0m 270.0m 280.0m 281.0m 280.0m 280.0m 278.5m
Weighted Average Number of Shares Outstanding, Diluted 265.0m 261.0m 261.0m 264.0m 264.0m 273.0m 284.0m 283.0m 284.0m 283.0m 280.0m
Additional Financial Items
Amortization of other acquired intangible assets $12.0m $2.0m $6.0m $6.0m $6.0m $146.0m $416.0m $483.0m $483.0m $481.0m —
Costs and Expenses $3.5b $3.8b $4.5b $4.9b $5.5b $7.1b $10.2b $11.2b $12.7b $13.9b —
Goodwill, Impairment Loss — — $0 $0 $0 $0 $0 $0 $0 $0 —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $806.0m $971.0m $1.2b — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $173.0m $0 $0 — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $173.0m — — — — — — — — — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.