Intuit Inc. INTU

Information TechnologyFinancial Technology (Fintech) & InfrastructureUnited States of America

Last close 352.10 USD on Nov 2, 2026, −46.1% year to date

Quant rating

Quant rating B Rank 130 of 389 in Information Technology

Growth C 211 of 389
Valuation A 26 of 389
Quality A 55 of 389
Revisions C 225 of 389
Momentum C 254 of 389

Wall Street consensus Buy (2.34)Average target 410.55 USD +16.6%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 94.1B
Enterprise value: 94.6B
52-week range: 252.84 – 681.20
3-year range: 252.84 – 807.39
Dividend yield: 1.62%
Beta (5 years): 0.92
Shares outstanding: 267M
Next earnings: Nov 19, 2026

About the company

Intuit Inc. offers a financial technology platform that helps consumers and small and mid-market businesses prosper by delivering financial management, compliance, and marketing products and services. It also provides specialized tax products to accounting professionals. It helps small and mid-market businesses grow and run their business all in one place, including bookkeeping, getting paid, accessing capital, paying employees, getting and retaining customers, and managing their customer relationships. The Company's offerings include TTurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite. Lacerte, ProSeries, and ProConnect Tax Online are its tax preparation offerings for professional accountants. Its financial management includes payments and capital, compliance, human capital management, and marketing products and services. For accounting professionals, the Company provides professional tax and financial management products and services.

Growth and profitability fiscal year ends July 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	21,448	18,831	16,285	14,368	12,726	–
Revenue growth	13.9%	15.6%	13.3%	12.9%	32.1%	17.4%
EPS (basic, normalized)	24.27	20.15	16.94	14.40	11.85	–
EPS growth	20.4%	18.9%	17.6%	21.5%	–	–
Gross margin	80.2%	79.6%	78.7%	78.1%	81.1%	79.5%
Net margin	21.3%	20.5%	18.2%	16.6%	16.2%	18.6%
ROE	23.6%	20.3%	16.6%	14.1%	15.7%	18.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	7,200
Current ratio	1.51x
Long-term debt (mil)	6,420
Net debt (mil)	469
Total equity (mil)	18,992
Net debt / equity	0.02x
Net debt / EBITDA	0.05x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	21,448	+13.9%	4.4x	9,122	+17.1%	10.4x	24.27	+20.4%	14.5x
2027	23,430	+9.2%	4.0x	9,786	+7.3%	9.7x	23.70	−2.4%	14.9x
2028	25,557	+9.1%	3.7x	10,847	+10.9%	8.7x	27.10	+14.3%	13.0x
2029	28,004	+9.6%	3.4x	11,814	+8.9%	8.0x	30.59	+12.9%	11.5x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	23,430	0.0%	−1.6%	−2.6%	23.70	+0.4%	−13.4%	−10.9%
2028	25,557	+0.1%	−3.1%	−4.7%	27.10	+0.5%	−12.3%	−10.8%
2029	28,004	+0.5%	−7.0%	−8.2%	30.59	+1.2%	−8.7%	−9.4%

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Sales reported (mil)	6,737	3,184	3,283	3,963	7,754	3,831	3,885	4,651	8,558	4,354
Sales mean (mil)	6,647	3,082	3,139	3,829	7,562	3,746	3,760	4,534	8,613	4,268
Surprise	+1.4%	+3.3%	+4.6%	+3.5%	+2.5%	+2.3%	+3.3%	+2.6%	−0.6%	+2.0%
EPS reported	9.88	1.99	2.50	3.32	11.65	2.75	3.34	4.15	12.80	4.03
EPS mean	9.37	1.84	2.35	2.58	10.91	2.66	3.09	3.67	12.57	3.58
Surprise	+5.5%	+7.9%	+6.3%	+28.5%	+6.8%	+3.4%	+8.0%	+13.2%	+1.8%	+12.5%

Peer comparison Financial Technology (Fintech) & Infrastructure

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
INTU Intuit Inc.	94.1B	0.05x	21.3%	4.98x	14.9x	13.0x	9.7x	8.7x
HOOD Robinhood Markets, Inc.	75.5B	6.50x	42.1%	7.55x	39.6x	28.3x	32.4x	23.0x
COIN Coinbase Global, Inc.	36.5B	−0.76x	17.6%	2.62x	−82.5x	44.1x	27.1x	15.5x
ADYEY Adyen N.V.	30.1B	–	39.8%	4.55x	21.9x	18.0x	10.8x	8.4x
AFRM Affirm Holdings, Inc.	24.9B	11.33x	45.3%	4.52x	37.3x	25.6x	21.3x	15.8x
FIS Fidelity National Information Services, Inc.	20.7B	4.65x	3.6%	1.29x	6.5x	6.0x	7.1x	6.7x
Mean		4.36x	28.3%	4.25x	6.3x	22.5x	18.1x	13.0x
Median		4.65x	30.5%	4.54x	18.4x	21.8x	16.1x	12.1x

Technical analysis

1M+25.8%
3M+11.9%
1Y−46.5%
3Y−27.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Intuit Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	21,448	18,831	16,285	14,368	12,726	9,633
Cost of revenue	4,253	3,848	3,465	3,143	2,406	1,683
Gross profit	17,195	14,983	12,820	11,225	10,320	7,950
Selling, general & administrative expenses	7,157	6,636	5,730	5,062	4,986	3,626
Research & development	3,376	2,928	2,754	2,539	2,347	1,678
Depreciation/amortization	485	481	483	483	416	146
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	293	15.0	223	–	–	–
Other operating expenses	0	0	0	0	0	0
Operating income	5,884	4,923	3,630	3,141	2,571	2,500
Net interest income (expense)	104	−72.0	−95.0	−148	−19.0	−18.0
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	29.0	−17.0	15.0	−4.0	−10.0	74.0
Net income before taxes	6,017	4,834	3,550	2,989	2,542	2,556
Provision for taxes	1,451	965	587	605	476	494
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	4,566	3,869	2,963	2,384	2,066	2,062
Extraordinary items	–	–	–	–	–	–
Net income	4,566	3,869	2,963	2,384	2,066	2,062
EBIT, normalized	6,177	4,938	3,853	3,141	2,571	2,500
EBITDA, normalized	7,023	5,747	4,642	3,947	3,317	2,863
Basic EPS, normalized	24.27	20.15	16.94	14.40	11.85	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Intuit Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	7,200	4,552	4,074	3,662	3,281	3,870
Receivables	2,396	1,983	1,317	1,121	1,048	514
Total inventory	–	–	–	–	–	–
Prepaid expenses	677	496	366	354	287	316
Other current assets	5,038	7,076	3,921	420	431	457
Total current assets	15,311	14,107	9,678	5,557	5,047	5,157
Property, plant & equipment	1,632	1,502	1,420	1,438	1,437	1,160
Goodwill	13,981	13,980	13,844	13,780	13,736	5,613
Intangibles	4,642	5,302	5,820	6,419	7,061	3,252
Long-term investments	248	94.0	131	105	98.0	43.0
Note receivable	–	–	–	–	–	–
Other long-term assets	972	1,973	1,239	481	355	291
Total assets	36,786	36,958	32,132	27,780	27,734	15,516
Liabilities
Accounts payable	873	792	721	638	737	623
Payable/accrued	–	–	–	–	–	–
Accrued expenses	1,319	1,067	1,123	799	852	597
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	1,249	0	499	0	499	0
Other current liabilities	6,722	8,511	5,148	2,353	1,542	1,435
Total current liabilities	10,163	10,370	7,491	3,790	3,630	2,655
Long-term debt	6,420	5,973	5,539	6,120	6,415	2,034
Minority interest	–	–	–	–	–	–
Other liabilities	1,211	905	666	601	1,248	958
Total liabilities	17,794	17,248	13,696	10,511	11,293	5,647
Shareholders' equity
Preferred stock	0	0	–	–	–	–
Common stock	3.0	3.0	3.0	3.0	3.0	3.0
Additional paid-in capital	0	21,632	20,248	19,026	17,722	10,545
Retained earnings (accumulated deficit)	19,046	19,668	16,989	15,067	13,581	12,296
Treasury stock	0	−21,543	−18,750	−16,772	−14,805	−12,951
Other equity	−57.0	−50.0	−54.0	−55.0	−60.0	−24.0
Total equity	18,992	19,710	18,436	17,269	16,441	9,869
Total liabilities & shareholders' equity	36,786	36,958	32,132	27,780	27,734	15,516

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Intuit Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	4,566	3,869	2,963	2,384	2,066	2,062
Depreciation, depletion & amortization	846	809	789	806	746	363
Deferred taxes	1,279	−435	−554	−628	120	−42.0
Non-cash items	2,151	2,170	2,113	1,883	1,393	776
Changes in working capital	−4.0	−206	−427	601	−436	91.0
Cash from operations	8,838	6,207	4,884	5,046	3,889	3,250
Investing activities
Capital expenditures	−221	−124	−250	−260	−229	−125
Other investing cash flows	−1,191	−2,194	23.0	−662	−5,192	−3,840
Cash from investing	−1,412	−2,318	−227	−922	−5,421	−3,965
Financing activities
Financing cash flow items	−2,802	2,124	2,432	−831	−677	−383
Cash dividends paid	−1,347	−1,189	−1,034	−889	−774	−646
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−3,540	−2,445	−1,795	−2,549	3,183	−2,147
Cash from financing	−7,689	−1,510	−397	−4,269	1,732	−3,176
Foreign exchange effects	−2.0	3.0	−13.0	0	−22.0	13.0
Net change in cash	−265	2,382	4,247	−145	178	−3,878
Free cash flow	8,617	6,083	4,634	4,786	3,660	3,125

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.