Current Liabilities
Intuit·Balance Sheet Statement·26 metrics
Breakdown
| Metric | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Total current liabilities | $7.5B | $8.6B | $7.2B | $9.7B | $10.4B | $7.5B | $8.8B | $12.3B |
| Funds Payable And Amounts Due To Customers | $3.9B | $5.6B | $3.3B | $5.2B | $7.1B | $3.9B | $4.4B | $7.8B |
| Current Liabilities Before Customer Fund Deposits | $3.6B | $3.0B | $3.8B | $4.4B | $3.3B | $3.6B | $4.4B | $4.5B |
| Accounts payable | $721.0M | $652.0M | $1.0B | $1.0B | $792.0M | $670.0M | $946.0M | $1.1B |
| Deferred revenue | $872.0M | $892.0M | $1.0B | $957.0M | $1.0B | $1.0B | $1.1B | $1.1B |
| Operating Lease Liability Payments Due | — | $777.0M | $746.0M | $813.0M | — | $871.0M | $872.0M | $878.0M |
| Other accrued liabilities | $557.0M | $536.0M | $659.0M | $613.0M | $625.0M | $658.0M | $810.0M | $849.0M |
| Note payable to DIRECTV | $557.0M | $536.0M | $659.0M | $613.0M | $625.0M | $658.0M | $810.0M | $849.0M |
| Accrued expenses | $921.0M | $413.0M | $623.0M | $747.0M | $858.0M | $479.0M | $702.0M | $766.0M |
| Accrued Manufacturing Costs | $921.0M | $413.0M | $623.0M | $747.0M | $858.0M | $479.0M | $702.0M | $766.0M |
| Compensation and benefits | $921.0M | $413.0M | $623.0M | $747.0M | $858.0M | $479.0M | $702.0M | $766.0M |
| Current portion of long-term debt | $499.0M | $499.0M | $500.0M | $500.0M | $0.0 | $749.0M | $749.0M | $750.0M |
| Accrued compensation | $207.0M | $229.0M | $230.0M | $227.0M | $248.0M | $284.0M | $296.0M | $296.0M |
| Other current liabilities | $100.0M | $116.0M | $115.0M | $122.0M | $115.0M | $154.0M | $165.0M | $210.0M |
| Operating Lease Liability - Undiscounted Excess Amount | — | $120.0M | $114.0M | $132.0M | — | $150.0M | $144.0M | $140.0M |
| Lease Liability Payments - Due Year Three | — | $88.0M | $88.0M | $96.0M | — | $110.0M | $114.0M | $126.0M |
| Operating Lease Liability Payments - 2024 (Lessee) | — | $95.0M | $95.0M | $105.0M | — | $106.0M | $110.0M | $122.0M |
| Lease Liability Payments - Due Year Two | — | $95.0M | $95.0M | $105.0M | — | $106.0M | $110.0M | $122.0M |
| Lease Liability Payments - Remainder of Fiscal Year | — | $97.0M | $97.0M | $85.0M | — | $114.0M | $119.0M | $120.0M |
| Operating Lease Liability Payments - 2025 (Lessee) | — | $91.0M | $91.0M | $100.0M | — | $108.0M | $112.0M | $116.0M |
| Lease Liability Payments - Due Year Four | — | $91.0M | $91.0M | $100.0M | — | $108.0M | $112.0M | $116.0M |
| Operating lease liabilities, current | $71.0M | $65.0M | $59.0M | $67.0M | $69.0M | $78.0M | $82.0M | $83.0M |
| Accrued interest | $84.0M | $37.0M | $85.0M | $37.0M | $85.0M | $37.0M | $86.0M | $37.0M |
| Lease Liability Payments - 2020 (Remaining Three Months) | — | $59.0M | $29.0M | $16.0M | — | $63.0M | $44.0M | $21.0M |
| Accrued Progress Collections and Price Adjustments | $4.0M | $3.0M | $3.0M | $3.0M | $4.0M | $3.0M | $2.0M | $2.0M |
| Contract liabilities | $4.0M | $3.0M | $3.0M | $3.0M | $4.0M | $3.0M | $2.0M | $2.0M |