What is Intuit's protax — foreign currency translation?

Intuit (INTU) reported protax — foreign currency translation of $0 in Q2 2025.

What does protax — foreign currency translation mean?

The impact of fluctuations in exchange rates on the financial results of the professional tax segment when translating foreign-denominated operations into the reporting currency. This captures the volatility inherent in international business activities.

Intuit INTU ProTax — Foreign Currency Translation

Other segment segments

Global Business Solutions

-$5M-2,100%

Consumer

$4M—

Similar metrics at other companies

KEYSForeign currency translation, tax

-$63M0.0%

CATTax law change related to currency translation

$56M—

TFX

TFXForeign currency translation, tax

$58.5K+369%

PYPLTax Provision (Benefit) on Currency Translation Adjustment

-$4M-157%

RHIProtiviti — Foreign currency translation adjustments

-$319K-6,480%

ANGIInternational — Foreign Currency Translation

$1.66M+354%

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$86.3B-60.6%

Enterprise value$81.29B-62.4%

P/E18.8×-37.8×

P/S4.1×-7.5×

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:GoodwillForeignCurrencyTranslationGainLoss.

The official record: Intuit’s 10-K, filed September 3, 2025, on SEC EDGAR. View the filing →

Ask your AI about Intuit's protax — foreign currency translation.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Intuit's protax — foreign currency translation?: Intuit (INTU) reported protax — foreign currency translation of $0 in Q2 2025.
What does protax — foreign currency translation mean?: The impact of fluctuations in exchange rates on the financial results of the professional tax segment when translating foreign-denominated operations into the reporting currency. This captures the volatility inherent in international business activities.