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Intuit INTU Contract Liabilities
Contract Liabilities at other companies
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Where this comes from
Reported directly by Intuit in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.
The source filing: Intuit’s 10-Q, filed May 20, 2026.
- Filed
- May 20, 2026, 4:08 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000896878-26-000025
Our performance obligations are generally satisfied within 12 months of the initial contract date. As of April 30, 2026 and July 31, 2025, the deferred revenue balance related to performance obligations that will be satisfied after 12 months was $2 million and $4 million, respectively, and is included in other long-term obligations on our condensed consolidated balance sheets.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Intuit's contract liabilities?
- Intuit (INTU) reported contract liabilities of $2M in Q1 2026.
- How has Intuit's contract liabilities changed year-over-year?
- Intuit's contract liabilities decreased by 33.3% year-over-year, from $3M to $2M.
- What is the long-term trend for Intuit's contract liabilities?
- Over 4 years (2021 to 2025), Intuit's contract liabilities has grown at a -15.9% compound annual growth rate (CAGR), from $8M to $4M.
- What does contract liabilities mean?
- Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.
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