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Intuit INTU ProTax — Goodwill Acquired/ Adjusted

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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 intu:GoodwillAcquiredDuringPeriodAndPurchaseAccountingAdjustments.

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, 2023Goodwill Acquired/AdjustedForeign Currency TranslationBalance July 31, 2024Goodwill Acquired/AdjustedForeign Currency TranslationBalance July 31, 2025
Global Business Solutions$9,691$(1)$9,690$134$1$9,825
Consumer515151
Credit Karma3,941654,00614,007
ProTax979797
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 acquired/ adjusted?
Intuit (INTU) reported protax — goodwill acquired/ adjusted of $0 in Q2 2025.
What is the long-term trend for Intuit's protax — goodwill acquired/ adjusted?
Over 3 years (2022 to 2025), Intuit's protax — goodwill acquired/ adjusted has grown at a -100.0% compound annual growth rate (CAGR), from $2M to $0.
What does protax — goodwill acquired/ adjusted mean?
Reflects the net changes to the goodwill balance within the professional tax segment due to new acquisitions or subsequent adjustments to purchase price allocations. This tracks the growth of the segment's intangible asset base through inorganic means.

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