What is the primary focus of this 10-Q filing for investors?

This 10-Q filing provides investors with an update on Intuit Inc.'s financial performance and condition for the third quarter of fiscal year 2011, ending April 29, 2011. It includes detailed financial statements and management's analysis, which are crucial for understanding the company's revenue, profitability, and cash flow trends.

Where can I find information about the company's financial health and liquidity?

The Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Cash Flows offer insights into Intuit's assets, liabilities, equity, and cash generation/usage. The 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section is specifically designed to elaborate on these aspects.

Does the report disclose any potential risks or legal issues facing Intuit?

Yes, Item 1A 'Risk Factors' and Item 1 'Legal Proceedings' in Part II of the filing are dedicated to disclosing significant risks and any ongoing legal matters that could impact the company's business and financial performance.

How can I understand the changes in Intuit's revenue and profit from the prior year?

The Condensed Consolidated Statements of Operations present revenue and expense figures for the three and nine months ended April 30, 2011, and 2010. The 'Management's Discussion and Analysis' section will provide commentary and explanations for the significant year-over-year changes observed.

INTU 10-Q Quarterly Report Q3 FY2011 — Revenue, Net Income, EPS

Summary

Intuit Inc. (INTU) reported its third-quarter results for the fiscal year 2011, ending April 29, 2011. The filing provides a look into the company's financial performance and condition during this period. Key financial statements including the Consolidated Statements of Operations, Balance Sheets, Stockholders' Equity, and Cash Flows are presented, along with management's discussion and analysis of the results. Investors should pay close attention to the revenue and profitability trends, as well as the company's liquidity and capital resources as detailed in the MD&A section. The report also touches upon market risks, legal proceedings, and risk factors, offering a comprehensive view of the company's operational landscape.

Financial Highlights

53 data points

Beta

Revenue

$1.84B

0.9% Gross Margin

Net Income

$734.00M

0.4% Net Margin

EPS (Diluted)

$2.42

Total Assets

$5.57B

Cash & Equivalents

$1.37B

Free Cash Flow

$1.11B

Financial Statements

Beta

Revenue	$1.84B
Cost of Revenue	$154.00M
Gross Profit	$1.69B
R&D Expenses	$164.00M
Operating Expenses	$583.00M
Operating Income	$1.10B
Interest Expense	$15.00M
Net Income	$734.00M
EPS (Basic)	$2.49
EPS (Diluted)	$2.42
Shares Outstanding (Basic)	303.00M
Shares Outstanding (Diluted)	313.00M

Key Highlights

1The filing covers the financial performance for the three and nine months ended April 29, 2011, compared to the prior year periods.
2Key financial statements presented include Condensed Consolidated Statements of Operations, Balance Sheets, Stockholders' Equity, and Cash Flows.
3Management's Discussion and Analysis (MD&A) is a critical section for understanding the operational drivers and financial condition.
4The report includes disclosures on market risk, allowing investors to assess Intuit's exposure to various market fluctuations.
5Information on legal proceedings and risk factors are provided, giving insights into potential challenges and liabilities.
6Details on unregistered sales of equity securities and use of proceeds are also included.

INTUIT INC. Quarterly Report for Q3 Ended Apr 30, 2011

Summary

Financial Highlights

Key Highlights

Frequently Asked Questions