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Intuit Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Intuit holds $39.3B in total assets. Shareholders' equity is $20.6B against $6.9B in total debt. Cash and equivalents total $11.9B. The current ratio is 1.45 and debt-to-equity is 0.335. Based on the Q2 2026 filing.

Total Assets$39.3BTotal Stockholders Equity$20.6BLong Term Debt$5.4BCash And Equivalents$11.9BTotal Current Assets$17.8BTotal Current Liabilities$12.3B
Latest FilingQ2 2026
Report Date2026-05-20
Market Cap$87.5B
P/E Ratio19.09
ROE22.5%

Current Liabilities

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Accounts payable$1.0B$1.0B$792.0M$670.0M$946.0M$1.1B
Accrued compensation$230.0M$227.0M$248.0M$284.0M$296.0M$296.0M
Accrued expenses$623.0M$747.0M$858.0M$479.0M$702.0M$766.0M
Accrued interest$85.0M$37.0M$85.0M$37.0M$86.0M$37.0M
Accrued Manufacturing Costs$623.0M$747.0M$858.0M$479.0M$702.0M$766.0M
Accrued Progress Collections and Price Adjustments$3.0M$3.0M$4.0M$3.0M$2.0M$2.0M
Contract liabilities$3.0M$3.0M$4.0M$3.0M$2.0M$2.0M
Current Liabilities Before Customer Fund Deposits$3.8B$4.4B$3.3B$3.6B$4.4B$4.5B
Compensation and benefits$623.0M$747.0M$858.0M$479.0M$702.0M$766.0M
Funds Payable And Amounts Due To Customers$3.3B$5.2B$7.1B$3.9B$4.4B$7.8B
Other accrued liabilities$659.0M$613.0M$625.0M$658.0M$810.0M$849.0M
Current portion of long-term debt$500.0M$500.0M$0.0$749.0M$749.0M$750.0M
Deferred revenue$1.0B$957.0M$1.0B$1.0B$1.1B$1.1B
Lease Liability Payments - 2020 (Remaining Three Months)$29.0M$16.0M—$63.0M$44.0M$21.0M
Operating Lease Liability Payments - 2024 (Lessee)$95.0M$105.0M—$106.0M$110.0M$122.0M
Operating Lease Liability Payments - 2025 (Lessee)$91.0M$100.0M—$108.0M$112.0M$116.0M
Lease Liability Payments - Due Year Two$95.0M$105.0M—$106.0M$110.0M$122.0M
Lease Liability Payments - Due Year Three$88.0M$96.0M—$110.0M$114.0M$126.0M
Lease Liability Payments - Due Year Four$91.0M$100.0M—$108.0M$112.0M$116.0M
Lease Liability Payments - Remainder of Fiscal Year$97.0M$85.0M—$114.0M$119.0M$120.0M
Note payable to DIRECTV$659.0M$613.0M$625.0M$658.0M$810.0M$849.0M
Operating lease liabilities, current$59.0M$67.0M$69.0M$78.0M$82.0M$83.0M
Operating Lease Liability Payments Due$746.0M$813.0M—$871.0M$872.0M$878.0M
Operating Lease Liability - Undiscounted Excess Amount$114.0M$132.0M—$150.0M$144.0M$140.0M
Other current liabilities$115.0M$122.0M$115.0M$154.0M$165.0M$210.0M
Total current liabilities$7.2B$9.7B$10.4B$7.5B$8.8B$12.3B

Current Assets

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Accounts receivable, net$1.0B$724.0M$530.0M$579.0M$1.2B$834.0M
Available-for-Sale Debt Securities$24.0M$731.0M$1.7B$190.0M$33.0M$2.1B
Available-for-Sale Debt Securities - Amortized Cost$174.0M$880.0M$1.8B$338.0M$182.0M$2.2B
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)$72.0M$764.0M$1.7B$209.0M$61.0M$2.1B
Cash and cash equivalents$5.3B$10.2B$9.5B$6.9B$6.8B$11.9B
Current Assets Before Funds Receivable And Amounts Held For Customers$5.8B$8.7B$7.0B$6.5B$7.3B$10.1B
Debt securities - current$24.0M$731.0M$1.7B$190.0M$33.0M$2.1B
Loans receivable, net of allowances of $1,042 and $1,074 (Note 7)$1.4B$1.3B$1.4B$1.5B$1.7B$1.7B
Funds Receivable And Amounts Held For Customers$3.3B$5.2B$7.1B$3.9B$4.4B$7.8B
Trading assets$71.0M$764.0M$1.7B$209.0M$61.0M$2.1B
Income taxes receivable$90.0M$9.0M$50.0M$31.0M$84.0M$52.0M
Loans held for sale$14.0M$47.0M$0.0$48.0M$117.0M$69.0M
Other Receivables$1.4B$1.3B$1.4B$1.5B$1.7B$1.7B
Prepaid expenses and other current assets$845.0M$512.0M$496.0M$630.0M$1.2B$680.0M
Restricted cash$2.9B$4.7B$6.6B$3.4B$3.8B$7.2B
Restricted Marketable Securities$150.0M$150.0M$150.0M—$150.0M$150.0M
Total current assets$9.1B$14.0B$14.1B$10.4B$11.7B$17.8B

Equity

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Additional paid-in capital——$21.6B———
Accumulated other comprehensive income (loss)-$64.0M-$46.0M-$50.0M-$51.0M-$49.0M-$54.0M
Common stock$21.0B$21.4B$21.6B$22.0B$22.3B$22.7B
Additional paid-in capital——$21.6B———
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively——$3.0M———
Common stock$21.0B$21.4B$21.6B$22.0B$22.3B$22.7B
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Treasury Stock, Value$20.0B$20.8B$21.5B$22.4B$23.4B$24.9B
Preferred stock$0.0$0.0$0.0$0.0$0.0$0.0
Retained earnings$17.1B$19.6B$19.7B$19.8B$20.1B$22.9B
Share Repurchase Authorization Limit$3.6B$2.8B$3.2B$3.2B$3.5B$1.9B
Shares Reserved for Future Issuance Under Stock Plans29.5M29.9M25.1M26.5M27.6M27.6M
Total liabilities and stockholders' equity$31.7B$36.6B$37.0B$33.2B$34.3B$39.3B
Total stockholders' equity$17.9B$20.1B$19.7B$19.3B$19.1B$20.6B
Treasury stock$20.0B$20.8B$21.5B$22.4B$23.4B$24.9B

Non-Current Assets

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Allowance for credit losses$0.0$0.0$0.0$0.0$0.0$0.0
Deferred tax assets$10.0M$11.0M$20.0M$1.2B$1.1B$76.0M
Deferred Tax Assets and Other Non-Current Assets$669.0M$699.0M$751.0M$828.0M$825.0M$818.0M
Equity method investments$88.0M$88.0M$94.0M$92.0M$127.0M$176.0M
Available-for-sale securities$174.0M$881.0M$1.8B$340.0M$183.0M$2.2B
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$581.0M$581.0M—$590.0M$590.0M$590.0M
Finite Lived Intangible Assets - Gross$8.5B$8.6B$8.6B$8.6B$8.6B$8.6B
Goodwill$13.8B$13.8B$14.0B$14.0B$14.0B$14.0B
Intangible assets, net$5.5B$5.4B$5.3B$5.1B$5.0B$4.8B
Long-term investments$88.0M$88.0M$94.0M$92.0M$127.0M$176.0M
Net Investment in Lease$518.0M$560.0M$541.0M$596.0M$593.0M$601.0M
Deferred tax assets$934.0M$1.1B$1.2B$1.2B$1.1B$113.0M
Intangible assets — net$5.5B$5.4B$5.3B$5.1B$5.0B$4.8B
Investments$88.0M$88.0M$94.0M$92.0M$127.0M$176.0M
Operating lease right-of-use assets$518.0M$560.0M$541.0M$596.0M$593.0M$601.0M
Other non-current assets$669.0M$699.0M$751.0M$828.0M$825.0M$818.0M
Operating lease right-of-use assets3.7%3.8%3.8%4.2%4.3%4.3%
Operating Lease Right-of-Use Assets in Other Assets$518.0M$560.0M$541.0M$596.0M$593.0M$601.0M
Other non-current assets$3.0M$699.0M$751.0M$828.0M$825.0M$818.0M
Accumulated depreciation$3.0B$3.2B$3.3B$3.5B$3.7B$3.8B
Property and equipment, net$992.0M$975.0M$961.0M$965.0M$974.0M$996.0M
Software and Technology Licenses, Net$669.0M$699.0M$751.0M$828.0M$825.0M$818.0M
Total assets$31.7B$36.6B$37.0B$33.2B$34.3B$39.3B

Non-Current Liabilities

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Contract Liabilities, Non-Current$3.0M$3.0M$4.0M$3.0M$2.0M$2.0M
Debt Maturity - 2024$500.0M$500.0M—$0.0$0.0$0.0
Debt Maturity - 2027$0.0$300.0M—$1.5B$1.3B$1.3B
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$44.0M$43.0M$41.0M$40.0M$40.0M$38.0M
Operating Lease Liability Payments - 2027 (Lessee)$88.0M$96.0M—$110.0M$114.0M$126.0M
Operating Lease Liability Payments - 2028 (Lessee)$91.0M$100.0M—$108.0M$112.0M$116.0M
Long-term debt$5.8B$5.9B$6.0B$5.4B$5.4B$5.4B
Deferred revenue, net of current portion$3.0M$3.0M$4.0M$3.0M$2.0M$2.0M
Liability For Uncertain Tax Positions Noncurrent$66.0M$61.0M$61.0M—$61.0M$126.0M
Operating lease liabilities, non-current$573.0M$614.0M$597.0M$643.0M$646.0M$655.0M
Operating Lease Liabilities (Total)$632.0M$681.0M$666.0M$721.0M$728.0M$738.0M
Other non-current liabilities$221.0M$294.0M$308.0M$316.0M$326.0M$358.0M
Total Carrying Value of Debt$6.3B$6.4B$6.0B$6.2B$6.2B$6.2B
Total liabilities$13.7B$16.5B$17.2B$13.9B$15.2B$18.7B
Unrecognized Tax Benefits—$409.0M$394.0M———
Unrecognized Tax Benefits - Impacting Effective Tax Rate—$273.0M—$276.0M$276.0M$276.0M

Other

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Accounts Receivable, after Allowance for Credit Loss$1.0B$724.0M$530.0M$579.0M$1.2B$834.0M
Income taxes payable – long-term$159.0M$236.0M$238.0M$248.0M$259.0M$223.0M
Amounts due for share repurchases——$14.0M—$30.0M$31.0M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One$72.0M$764.0M$1.7B$209.0M$61.0M$2.1B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$71.0M$764.0M$1.7B$209.0M$61.0M$2.1B
Funds receivable$277.0M$330.0M$329.0M$481.0M$423.0M$377.0M
Cash And Cash Equivalents And Available-For-Sale Securities, Fair Value Disclosure$5.8B$11.4B$11.6B$7.6B$7.4B$14.5B
Cash And Cash Equivalents And Available For Sale Securities, Amortized Cost Basis Excluding Amounts Held For Customers Not Measured And Recorded At Fair Value$5.5B$11.1B$11.3B$7.3B$7.0B$14.2B
Cash and Cash Equivalents and Available-for-sale Securities, Excluding Funds Receivable And Amounts Held For Customers Not Measured And Recorded At Fair Value, Fair Value Disclosure$5.5B$11.1B$11.3B$7.3B$7.0B$14.2B
Cash And Cash Equivalents And Available For Sale Securities, Amortized Cost Basis$5.8B$11.4B$11.6B$7.6B$7.4B$14.5B
Long-term debt, gross$6.3B$6.4B$6.0B$6.2B$6.2B$6.2B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$44.0M$43.0M$41.0M$40.0M$40.0M$38.0M
Debt Securities, Available-for-Sale, Allowance for Credit Loss$0.0$0.0—$0.0$0.0$0.0
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss$174.0M$880.0M$1.8B$338.0M$182.0M$2.2B
Due within three years$45.0M$50.0M$61.0M$58.0M$52.0M$60.0M
Due within two years$57.0M$66.0M$62.0M$71.0M$69.0M$62.0M
Investments$24.0M$731.0M$1.7B$189.0M$33.0M$2.1B
Estimated Fair Value$174.0M$881.0M$1.8B$340.0M$183.0M$2.2B
Due within three years$45.0M$50.0M$61.0M$59.0M$52.0M$60.0M
Due within two years$58.0M$67.0M$63.0M$72.0M$70.0M$62.0M
Deferred income taxes$10.0M$11.0M$20.0M——$76.0M
Thereafter$2.8B$2.8B—$2.2B$2.2B$2.2B
Finite-Lived Intangible Assets, Accumulated Amortization$3.0B$3.2B$3.3B$3.5B$3.7B$3.8B
2028$602.0M$618.0M—$613.0M$613.0M$613.0M
2030$581.0M$581.0M—$590.0M$590.0M$590.0M
Remainder of 2026$315.0M$161.0M—$494.0M$329.0M$165.0M
2027$627.0M$644.0M—$633.0M$633.0M$633.0M
2029$586.0M$599.0M—$593.0M$593.0M$593.0M
Gross Carrying Amount$8.5B$8.6B$8.6B$8.6B$8.6B$8.6B
Funds receivable and amounts held for customers$3.3B$5.2B$7.1B$3.9B$4.4B$7.8B
Funds receivable and funds held for customers not measured or recorded at fair value$277.0M$330.0M$329.0M$331.0M$423.0M$377.0M
Tax receivable within other current assets$90.0M$9.0M$50.0M$31.0M$84.0M$52.0M
Lessee Operating Lease Liability Payments Due$746.0M$813.0M—$871.0M$872.0M$878.0M
Thereafter$346.0M$411.0M—$370.0M$373.0M$373.0M
Lessee Operating Lease Liability Undiscounted Excess Amount$114.0M$132.0M—$150.0M$144.0M$140.0M
Payments receivable after 2029$3.0M$3.0M—$1.0M$1.0M$1.0M
Payments receivable through 2029—$19.0M—$20.0M$19.0M$17.0M
2028$1.6B$1.3B—$400.0M$400.0M$400.0M
2029$0.0$300.0M—$1.5B$1.3B$1.3B
2030$1.3B$1.4B—$500.0M$800.0M$800.0M
2027$0.0$0.0—$1.3B$1.3B$1.3B
Remainder of 2026$500.0M$500.0M—$0.0$0.0$0.0
Thereafter$3.0B$3.0B—$2.5B$2.5B$2.5B
Off-Balance-Sheet, Credit Loss, Liability——$0.0—$0.0$0.0
Operating Lease Weighted Average Discount Rate Percent$0.0$0.0$0.0$0.0$0.0$0.0
Other$115.0M$122.0M$115.0M$154.0M$165.0M$210.0M
Reserve for returns, credits, and promotional discounts$81.0M$60.0M$39.0M$39.0M$72.0M$81.0M
Incentive stock program, shares reserved for future grants (in shares)$29.5M$29.9M$25.1M$26.5M$27.6M$27.6M
Share Repurchase Program, Authorized, Amount$3.6B$2.8B$3.2B$3.2B$3.5B$1.9B
Sales, property, and other taxes$59.0M$100.0M$55.0M$66.0M$79.0M$111.0M
Total Long Term Obligations$221.0M$294.0M$308.0M$316.0M$326.0M$358.0M
Unrecognized tax benefits—$409.0M$394.0M———
Amount that if recognized, would affect the effective tax rate or regulatory liability—$273.0M—$276.0M$276.0M$276.0M
Remainder of Fiscal Year 2024$500.0M$500.0M—$0.0$0.0$0.0
Remainder of Fiscal Year 2025$315.0M$161.0M—$494.0M$329.0M$165.0M