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Intuit Income Statement

Revenue, expenses, and profitability over time

Intuit generated $20.9B in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $4.6B with a 21.91% net margin. Diluted EPS is $16.50, which grew 0.3% year-over-year. Based on the Q2 2026 filing.

Total Revenue (TTM)$20.9BOperating Income (TTM)$5.7BNet Income (TTM)$4.6BEps Diluted (TTM)$16.50
Latest FilingQ2 2026
Report Date2026-05-20
Market Cap$75.7B
P/E Ratio16.52
ROE22.5%

Operating Expenses

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Amortization of Finite-Lived Intangible Assets$120M$120M$121M$121M$121M$122M
Amortization expense$120M$120M$121M$121M$121M$122M
Depreciation and amortization$120M$120M$121M$121M$121M$122M
General and administrative$389M$394M$424M$422M$401M$409M
Research and development$716M$707M$801M$843M$836M$840M
Restructuring charges$4M$1M$1M$0$0$0
Selling and marketing$1.2B$1.6B$1.3B$1.1B$1.4B$1.8B
Total operating expenses$3.4B$4B$3.5B$3.4B$3.8B$4.5B

Cost of Revenue

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Amortization of acquired technology$37M$38M$44M$44M$44M$43M

Earnings Per Share

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Basic earnings per share$1.68$10.09$1.37$1.60$2.49$11.10
Diluted earnings per share$1.67$10.02$1.34$1.59$2.48$11.09
Weighted-average shares, basic280M280M280M279M278M276M
Weighted-average shares, diluted283M282M283M281M280M276M

Other Income & Expense

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Other Charges$38M$32M$86M$85M$72M$97M
Other income (expense), net$38M$32M$86M$85M$72M$97M
Interest expense on debt$60M$68M$59M$58M$58M$70M

Income Before Tax

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income before income taxes$571M$3.7B$366M$561M$869M$4B

Tax

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income tax expense$100M$864M$0$115M$176M$983M

Net Income

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Net income$471M$2.8B$381M$446M$693M$3.1B

Operating Income

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Operating income$593M$3.7B$339M$534M$855M$4B

Other

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Amortization of capitalized software and acquired intangible assets$120M$120M$121M$121M$121M$122M
Debt$60M$68M$59M$58M$58M$70M
Other income, net (Note 6)$38M$32M$86M$85M$72M$97M

Revenue

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Total revenue$4B$7.8B$3.8B$3.9B$4.7B$8.6B