Overview
Intuit
Intuit is a leading developer of software used for small business accounting (QuickBooks), and consumer tax preparation (TurboTax). The company helps consumers and small businesses prosper by delivering financial management, compliance, and marketing products and services. It also helps manage personal finances and budgeting with its online Mint service. Customers include individual consumers, accountants, and small businesses; Intuit claims about
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Read More 100 million users for its products and services. Nearly all of the company's revenue is in the US, although it has taken steps toward international expansion. More than 85% of revenue comes from services. The company was incorporated in 1984.
Read Less
Read More 100 million users for its products and services. Nearly all of the company's revenue is in the US, although it has taken steps toward international expansion. More than 85% of revenue comes from services. The company was incorporated in 1984.
Read Less
#
258
Fortune 1000 Revenue Rank
Sasan K Goodarzi
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Software Publishers
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Publishing Industries
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Information
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Prepackaged software
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Business oriented computer software
All Other Telecommunications
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
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Motion Picture and Video Industries
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Newspaper, Periodical, Book, and Directory Publishers
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Radio and Television Broadcasting Stations
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Satellite Telecommunications
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Sound Recording Industries
View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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Actual
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Actual
$16.28 billion
Actual
13.34%
24.29%
$32,132
JUL
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NASDAQ:INTU
Contacts
Get in Touch with 6 Principals* and 5,854 Contacts
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Sasan K GoodarziPresident and Chief Executive Officer
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Contact 3?
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Financial Statements
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Financial data as of July 31, 2024 (12 month period) in USD
Annual Revenue 2024
$16.28 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $4,884 | $5,046 | $3,889 |
| Net Investing Cash | -$227 | -$922 | -$5,421 |
| Net Financing Cash | -$397 | -$4,269 | $1,732 |
| Net Change in Cash | $4,260 | -$145 | $200 |
| Cash at Beginning of Period | $2,852 | $2,997 | $2,819 |
| Cash at End of Period | $7,099 | $2,852 | $2,997 |
| Capital Expenditure | -$250 | -$260 | -$229 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $3,609 | $2,848 | $2,796 |
| Accounts Receivable | $457 | $405 | $446 |
| Inventories | $ | $ | $ |
| Other Current Assets | $5,612 | $2,304 | $1,805 |
| Asset Summary | |||
| Total Current Assets | $9,678 | $5,557 | $5,047 |
| Tangible Fixed Assets | $1,420 | $1,438 | $1,437 |
| Intangible Assets | $5,820 | $6,419 | $7,061 |
| Total Assets | $32,132 | $27,780 | $27,734 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $721 | $638 | $737 |
| Short-Term Debt | $499 | $ | $499 |
| Other Current Liabilities | $6,271 | $3,152 | $2,394 |
| Liability Summary | |||
| Total Current Liabilities | $7,491 | $3,790 | $3,630 |
| Long-Term Debt | $5,539 | $6,120 | $6,415 |
| Other Long-Term Liabilities | $28 | $24 | $25 |
| Total Liabilities | $13,696 | $10,511 | $11,293 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $3 | $3 | $3 |
| Retained Earnings | $16,989 | $15,067 | $13,581 |
| Equity Summary | |||
| Total Equity | $18,436 | $17,269 | $16,441 |
| Shares Outstanding | 280,268,000 | 280,421,000 | 281,932,000 |