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Intuit INTU Amortization of acquired technology

Amortization of acquired technology at other companies

Semtech logo
SemtechSMTC
$1.75M-20.6%
Intuit logo
IntuitINTU
$43M+13.2%
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
$19.3M+1.6%
OLP
OLPXOLPX
$2.42M+1.0%
Trimble Inc. logo
Trimble Inc.TRMB
$16.1M-1.8%
Progress Software logo
Progress SoftwarePRGS
$8.94M-15.2%

Other financials

Income statement

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Revenue$8.6B+10.4%
Operating income$4.0B+8.1%
Net income$3.1B+8.7%
EPS (diluted)$11.09+10.7%

Balance sheet

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Cash & equivalents$11.9B+17.0%
Total debt$6.9B-2.6%
Total equity$20.6B+2.5%
Total assets$39.3B+7.5%

Cash flow

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Operating cash flow$5.3B+20.6%
CapEx$64.0M+82.9%
Free cash flow$5.2B+20.1%

Valuation

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Market cap$89.7B-58.7%
Enterprise value$84.69B-60.5%
P/E19.6×-36.6×
P/S4.3×-7.3×

Profitability

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Gross margin82.1%
Operating margin27.5%+2.3pp
Net margin21.9%+2.7pp
FCF margin37.1%+3.2pp

Returns & leverage

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Return on equity22.5%+4.6pp
Debt / equity0.3×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Intuit in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldAmortization.

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
(In millions, except per share amounts)Three Months Ended / April 30,2026Three Months Ended / April 30,2025Nine Months Ended / April 30,2026Nine Months Ended / April 30,2025
Cost of revenue:
Cost of service revenue1,3171,1383,1222,790
Cost of product and other revenue14184752
Amortization of acquired technology4338131112
Selling and marketing1,7931,6184,2703,784
Research and development8407072,5192,127
General and administrative4093941,2321,177
Amortization of other acquired intangible assets122120364360

Item 1. Financial Statements (Unaudited)

FAQ

What is Intuit's amortization of acquired technology?
Intuit (INTU) reported amortization of acquired technology of $43M in Q1 2026.
How has Intuit's amortization of acquired technology changed year-over-year?
Intuit's amortization of acquired technology increased by 13.2% year-over-year, from $38M to $43M.
What is the long-term trend for Intuit's amortization of acquired technology?
Over 4 years (2021 to 2025), Intuit's amortization of acquired technology has grown at a 32.9% compound annual growth rate (CAGR), from $50M to $156M.
What does amortization of acquired technology mean?
This represents the non-cash expense related to the systematic allocation of the cost of acquired technology assets over their useful lives. It reflects the consumption of economic value from past acquisitions integrated into current product offerings. High levels often indicate a strategy of growth through inorganic expansion.

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