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Intuit INTU Online Services — Total net revenue

Other product segments

TurboTax
$4.36B
QuickBooks Online Accounting
$1.28B
QuickBooks Desktop Accounting
$507M
Desktop Services and Supplies
$281M+4.1%

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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$86.46B-60.5%
Enterprise value$81.44B-62.3%
P/E18.9×-37.7×
P/S4.1×-7.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Three Months Ended / April 30,2026Three Months Ended / April 30,2025Nine Months Ended / April 30,2026Nine Months Ended / April 30,2025
Net revenue:
QuickBooks Online Accounting$1,278$1,044$3,732$3,017
Online Services1,2191,0593,5833,067
Total Online Ecosystem2,4972,1037,3156,084
QuickBooks Desktop Accounting5074761,2711,160
Desktop Services and Supplies281270854820
Total Desktop Ecosystem7887462,1251,980
Global Business Solutions3,2852,8499,4408,064

Item 1. Financial Statements (Unaudited)

FAQ

What is Intuit's online services — total net revenue?
Intuit (INTU) reported online services — total net revenue of $1.22B in Q1 2026.
How has Intuit's online services — total net revenue changed year-over-year?
Intuit's online services — total net revenue increased by 15.1% year-over-year, from $1.06B to $1.22B.
What is the long-term trend for Intuit's online services — total net revenue?
Over 3 years (2021 to 2024), Intuit's online services — total net revenue has grown at a 49.5% compound annual growth rate (CAGR), from $1.05B to $3.51B.
What does online services — total net revenue mean?
This metric represents the total revenue generated from the company's digital and cloud-based service offerings, excluding hardware or legacy professional services. It captures the financial performance of subscription-based software platforms and integrated online financial tools. This segment is a primary indicator of the company's transition toward recurring revenue models and digital ecosystem expansion.

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