What is Intuit's income tax?

Intuit (INTU) reported income tax of $983M in Q1 2026.

How has Intuit's income tax changed year-over-year?

Intuit's income tax increased by 13.8% year-over-year, from $864M to $983M.

What is the long-term trend for Intuit's income tax?

Over 2 years (2021 to 2025), Intuit's income tax has grown at a 40.8% compound annual growth rate (CAGR), from $494M to $980M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Intuit INTU Income Tax

Income Tax at other companies

H&R BlockHRB

$167.68M-28.7%

Fair IsaacFICO

$91.57M+81.7%

OracleORCL

$1.07B+46.9%

Paycom SoftwarePAYC

$59.5M+16.9%

NerdWallet, Inc.NRDS

$7.6M+591%

Gloo Holdings, Inc. GLOO

-$845K-2,661%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$5.3B+20.6%

CapEx$64.0M+82.9%

Free cash flow$5.2B+20.1%

Valuation

See full

Market cap$74.78B-65.8%

Enterprise value$69.77B-67.6%

P/E16.3×-46.3×

P/S3.6×-8.4×

Profitability

See full

Gross margin82.1%—

Operating margin27.5%+2.3pp

Net margin21.9%+2.7pp

FCF margin37.1%+3.2pp

Returns & leverage

See full

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:IncomeTaxExpenseBenefit.

The official record: Intuit’s 10-Q, filed May 20, 2026, on SEC EDGAR. View the filing →

Ask your AI about Intuit's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Intuit's income tax?: Intuit (INTU) reported income tax of $983M in Q1 2026.
How has Intuit's income tax changed year-over-year?: Intuit's income tax increased by 13.8% year-over-year, from $864M to $983M.
What is the long-term trend for Intuit's income tax?: Over 2 years (2021 to 2025), Intuit's income tax has grown at a 40.8% compound annual growth rate (CAGR), from $494M to $980M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.