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Intuit INTU Q3 2024 earnings

Reported May 23, 2024 · After market close

Revenue estimate$6.6B
EPS estimate$9.37

Next report

Aug 20, 2026 (in a month)
Revenue estimate$4.3B
EPS estimate$3.59

Financials

Q3 2024

Income statement

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Revenue$6.7B+11.9%
Operating income$3.1B+11.8%
Net income$2.4B+14.5%
EPS (diluted)$8.42+14.1%

Balance sheet

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Cash & equivalents$6.5B+72.8%
Total debt$6.5B-9.7%
Total equity$18.8B+6.6%
Total assets$31.6B+9.1%

Cash flow

See full
Operating cash flow$4.0B+10.0%
CapEx$61.0M-30.7%
Free cash flow$3.9B+11.0%

Valuation & ratios

Valuation

as of 04/30/24
See full
Market cap$175.17B+40.4%
Enterprise value$175.19B+36.7%
P/E57×+2.7×
P/S11.1×+2.2×

Profitability

See full
Operating margin24%+1.8pp
Net margin19.4%+3.1pp
FCF margin32.3%+1.5pp

Returns & leverage

See full
Return on equity16.9%+3.6pp
Debt / equity0.3×-0.1×
Current ratio1.5×0.0×

Segments

By segment

See full
Consumer$3.7B+9.3%
ProTax$254.0M+3.3%

By product

See full
Online Services$878.3M+20.7%
Desktop Services and Supplies$266.5M-0.2%

Versus estimates

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Questions, answered.

When did Intuit report Q3 2024 earnings?
Intuit (INTU) reported Q3 2024 earnings on May 23, 2024 after market close.
What were Intuit's Q3 2024 revenue and EPS?
Intuit reported revenue of $6.7B and diluted EPS of $9.88 for Q3 2024.
Did Intuit beat estimates in Q3 2024?
Revenue beat the consensus estimate of $6.6B by $89.3M. EPS beat the consensus estimate of $9.37 by $0.51.
Where can I find Intuit's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000896878-24-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.