What is Intuit's protax — goodwill?

Intuit (INTU) reported protax — goodwill of $97M in Q2 2025.

How has Intuit's protax — goodwill changed year-over-year?

Intuit's protax — goodwill decreased by 0.0% year-over-year, from $97M to $97M.

What does protax — goodwill mean?

The carrying value of intangible assets recognized in the professional tax segment following business acquisitions. It reflects the premium paid over the fair value of net identifiable assets, representing brand value and customer relationships.

Intuit (INTU) ProTax — Goodwill

Screener

Other segment segments

Global Business Solutions

$9.82B—

Consumer

$4.16B—

Similar metrics at other companies

STZConstellationwinesandspirits — Goodwill

$5.23B+2.1%

BDXInterventional — Goodwill

$12.76B+0.5%

DYCommunications — Goodwill

$332.65M—

CBanking — Goodwill

$1.03B+2.3%

LENHomebuilding — Goodwill

$3.44B0.0%

METEMEA — Goodwill

$927M+3.6%

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$86.46B-60.5%

Enterprise value$81.44B-62.3%

P/E18.9×-37.7×

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:Goodwill.

The source filing: Intuit’s 10-K, filed September 3, 2025.

Filed: Sep 3, 2025
Fiscal year: FY2025
Accession: 0000896878-25-000035

(In millions)	Balance July 31, 2023	Goodwill Acquired/Adjusted	Foreign Currency Translation	Balance July 31, 2024	Goodwill Acquired/Adjusted	Foreign Currency Translation	Balance July 31, 2025
Global Business Solutions	$9,691	—	$(1)	$9,690	$134	$1	$9,825
Consumer	51	—	—	51	—	—	51
Credit Karma	3,941	65	—	4,006	—	1	4,007
ProTax	97	—	—	97	—	—	97
Totals	$13,780	$65	$(1)	$13,844	$134	$2	$13,980

ITEM 8 - FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Intuit's protax — goodwill?: Intuit (INTU) reported protax — goodwill of $97M in Q2 2025.
How has Intuit's protax — goodwill changed year-over-year?: Intuit's protax — goodwill decreased by 0.0% year-over-year, from $97M to $97M.
What does protax — goodwill mean?: The carrying value of intangible assets recognized in the professional tax segment following business acquisitions. It reflects the premium paid over the fair value of net identifiable assets, representing brand value and customer relationships.