What is Intuit's turbotax — total net revenue?

Intuit (INTU) reported turbotax — total net revenue of $4.36B in Q1 2026.

What does turbotax — total net revenue mean?

This metric represents the total net revenue generated from the consumer tax preparation software segment, including both do-it-yourself online filings and professional-assisted tax solutions. It serves as a primary indicator of the company's market penetration and pricing power within the seasonal personal tax filing industry. Growth in this segment reflects the company's ability to retain existing users and acquire new customers through product innovation and marketing effectiveness.

Intuit INTU TurboTax — Total net revenue

Other product segments

QuickBooks Online Accounting

$1.28B—

Online Services

$1.22B+15.1%

QuickBooks Desktop Accounting

$507M—

Desktop Services and Supplies

$281M+4.1%

Similar metrics at other companies

HRBAssisted tax preparation — Total revenues

$1.74B+6.5%

HRBService revenues — Total revenues

$2.23B+6.0%

ANDGBusiness Tax Services — Total Revenue

$80.64M+12.5%

SFTotal Revenue

$1.48B+17.7%

HFFGTotal — TOTAL NET REVENUE

$312M+4.5%

ATENProducts — Total net revenue

$43.99M+22.3%

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$74.78B-65.8%

Enterprise value$69.77B-67.6%

P/E16.3×-46.3×

P/S3.6×-8.4×

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 turbotax — total net revenue?: Intuit (INTU) reported turbotax — total net revenue of $4.36B in Q1 2026.
What does turbotax — total net revenue mean?: This metric represents the total net revenue generated from the consumer tax preparation software segment, including both do-it-yourself online filings and professional-assisted tax solutions. It serves as a primary indicator of the company's market penetration and pricing power within the seasonal personal tax filing industry. Growth in this segment reflects the company's ability to retain existing users and acquire new customers through product innovation and marketing effectiveness.