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Intuit INTU Service — 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$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:Revenues.

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, except per share amounts)Three Months Ended / April 30,2026Three Months Ended / April 30,2025Nine Months Ended / April 30,2026Nine Months Ended / April 30,2025
Net revenue:
Service$7,759$6,971$15,128$13,109
Product and other7997831,9661,891
Total net revenue8,5587,75417,09415,000
Costs and expenses:
Cost of revenue:
Cost of service revenue1,3171,1383,1222,790
Cost of product and other revenue14184752

Item 1. Financial Statements (Unaudited)

FAQ

What is Intuit's service — total net revenue?
Intuit (INTU) reported service — total net revenue of $7.76B in Q1 2026.
How has Intuit's service — total net revenue changed year-over-year?
Intuit's service — total net revenue increased by 11.3% year-over-year, from $6.97B to $7.76B.
What does service — total net revenue mean?
This metric represents the total gross income generated from the company's service-based offerings, excluding returns and allowances. It captures the recurring and transactional revenue streams derived from professional services, support, or cloud-based service subscriptions. This figure is a primary indicator of the scale and market adoption of the company's service-oriented business model.

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