INTUIT INC.INTU
INTUIT INC. Financial Overview 2021–2025
Updated Jul 10, 2026Intuit's operating income surged by 36% to $4.9 billion in FY2025, massively outpacing its 16% revenue growth and proving the operational leverage of its AI-driven software ecosystem. The data confirms a clear thesis: Intuit has successfully transformed from a seasonal tax software provider into an entrenched, year-round financial engine, expanding its margins while driving sustained double-digit top-line expansion.
The company's long-term trajectory highlights this transformation, as total net revenue nearly doubled from $9.6 billion in FY2021 to $18.8 billion in FY2025. During FY2025, the Global Business Solutions and Credit Karma segments were standout drivers, growing revenue by 16% and 32% respectively. This momentum dropped straight to the bottom line, with annual net income jumping 31% to $3.9 billion and operating cash flow reaching $6.2 billion. Intuit continues to actively optimize its cost structure, announcing a strategic 17% workforce reduction in Q3 2026 while simultaneously accelerating shareholder returns, including $1.8 billion in stock buybacks during the first half of FY2026.
The market heavily rewarded this consistent, highly profitable growth trajectory. At the close of FY2025, Intuit commanded a $219.2 billion market capitalization, with shares priced at $785.13 and trading at a premium price-to-earnings multiple of 57.4x.
Recent Developments (Q2 and Q3 2026)
Intuit grew total revenue by 10% year-over-year to $8.6 billion in Q3 2026, following a 17% increase to $4.65 billion in Q2 2026. Profitability expanded as Q3 2026 net income rose 9% to $3.1 billion and diluted earnings per share climbed 11% to $11.09. The company consolidated operational leadership when Ashley Still assumed control of the Small Business Group after EVP Marianna Tessel departed. Management also refinanced its debt profile by raising $1.75 billion via senior notes in June 2026.
Bulls emphasize the durable expansion of the Global Business Solutions segment, which generated 15% revenue growth in Q3 2026. Bears warn that total revenue growth decelerating from 17% to 10% across sequential quarters could signal slowing core demand. Priced at 28.1x earnings as of May 20, 2026, the stock trades at a significantly compressed valuation multiple relative to historical norms.
What to watch: operational impacts from the Small Business Group leadership consolidation; utilization of the $5.8 billion tax refund credit facility.
Rev
$18.83B
FY2025
NI
$3.87B
FY2025
EPS
$13.82
FY2025
OCF
$6.21B
FY2025
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
Recent SEC Filings
INTUIT INC. 8-K Report, Corporate Update (Jun 11, 2026)
Intuit Inc. (INTU) has announced the successful issuance of $1.75 billion in aggregate principal amount of senior notes through an underwriting agreement dated June 8, 2026. This offering includes $750 million of 4.950% Senior Notes due 2031 and $1.0 billion of 5.500% Senior Notes due 2036. The net proceeds, approximately $1.74 billion after deducting expenses, are intended for general corporate purposes. A significant portion of these proceeds may be used to refinance existing debt, specifically $750 million of 5.250% Senior Notes due 2026 and $500 million of 1.350% Senior Notes due 2027.
INTUIT INC. 8-K Report, Financial Results (May 20, 2026)
Intuit Inc. (INTU) filed an 8-K on May 20, 2026, reporting its financial results for the fiscal quarter ended April 30, 2026, and outlining significant organizational changes alongside a shareholder return initiative. The company announced a plan to simplify its organizational structure, which includes a workforce reduction of approximately 17% and potential site closures. This restructuring is expected to incur charges between $300 million and $340 million, primarily in the fourth fiscal quarter ending July 31, 2026, largely comprising severance and employee benefits costs. In addition to the operational adjustments, Intuit's Board of Directors approved a quarterly cash dividend of $1.20 per share, payable on July 17, 2026, to shareholders of record on July 9, 2026. This signals a commitment to returning value to shareholders amidst its strategic reorganization. Investors should note that the financial results for the quarter are detailed in an attached press release, and forward-looking statements in the filing are subject to various risks and uncertainties.
INTUIT INC. 8-K Report, Executive Changes (Apr 28, 2026)
Intuit Inc. (INTU) has announced a significant leadership transition within its executive team. Effective May 31, 2026, Marianna Tessel will be stepping down as Executive Vice President and General Manager of the Small Business Group. This move is part of a broader organizational adjustment where Ashley Still, currently leading the Mid-Market Group, will assume expanded responsibilities, incorporating leadership of the Small Business Group as well. Ms. Tessel will continue to contribute to Intuit in an advisory capacity until July 2, 2026, ensuring a smooth handover. This leadership change within a critical segment of Intuit's business warrants investor attention as it may signal shifts in strategic focus or operational priorities for the Small Business Group. Investors should monitor the integration of these two key divisions under Ms. Still's expanded purview.
INTUIT INC. 8-K Report, Regulation FD Disclosure (Mar 16, 2026)
Intuit Inc. announced on March 16, 2026, that its founder and executive leadership team have terminated all pre-scheduled stock sale plans under Rule 10b5-1. This action signals strong conviction in the company's future prospects and a commitment to holding shares. Additionally, Intuit reiterated its intention to accelerate share repurchases, aiming to utilize the remaining $3.5 billion under its board authorization. This aggressive buyback strategy, coupled with a 40% year-over-year increase in repurchases during the first half of the fiscal year, underscores management's confidence in the company's value and its focus on returning capital to shareholders. These announcements suggest a proactive management approach to capital allocation and shareholder value enhancement. The termination of planned sales by insiders can be interpreted as a positive signal, indicating their belief that the stock is not overvalued and may appreciate further. The accelerated share repurchase plan further reinforces this sentiment, demonstrating a significant commitment to reducing outstanding shares and potentially boosting earnings per share. Investors should monitor Intuit's subsequent filings for details on the execution of these plans and the impact on its financial performance.
INTUIT INC. 8-K Report, Financial Results (Feb 26, 2026)
Intuit Inc. (INTU) has filed an 8-K on February 26, 2026, to report its financial results for the fiscal quarter ended January 31, 2026, and to announce a quarterly cash dividend. The company has provided forward-looking guidance, the details of which are expected to be found in the attached press release (Exhibit 99.01). This release also covers the announcement of the cash dividend, demonstrating the company's commitment to returning value to shareholders. Investors should note that while the press release contains important information regarding financial performance and future outlook, it is furnished and not deemed "filed" under Section 18 of the Exchange Act. Nevertheless, the dividend announcement is a concrete action by the Board of Directors. The approved cash dividend of $1.20 per share is payable on April 17, 2026, to shareholders of record as of April 9, 2026, signaling ongoing financial health and confidence in future operations.
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