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Intuit INTU ProTax — Total net revenue

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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$69.77B-67.1%
Enterprise value$64.76B-69.0%
P/E15.2×-45.6×
P/S3.3×-8.3×

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

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Questions, answered.

What is Intuit's protax — total net revenue?
Intuit (INTU) reported protax — total net revenue of $278M in Q1 2026.
How has Intuit's protax — total net revenue changed year-over-year?
Intuit's protax — total net revenue decreased by 0.0% year-over-year, from $278M to $278M.
What is the long-term trend for Intuit's protax — total net revenue?
Over 4 years (2021 to 2025), Intuit's protax — total net revenue has grown at a 4.7% compound annual growth rate (CAGR), from $517M to $621M.
What does protax — total net revenue mean?
The total income generated by the professional tax segment after deducting returns, allowances, and discounts. This is the primary measure of the segment's market demand and top-line growth performance.