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Current Assets

Prepaid & Other Current

Intuit Prepaid & Other Current decreased by 45.1% to $680M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.8%, from $512M to $680M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 9.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2026May 20, 2026

How to read this metric

A steady increase may suggest rising operational costs or prepayments for long-term service contracts.

Detailed definition

This includes payments made in advance for goods or services to be received in the future, such as insurance premiums, s...

Peer comparison

Common across all industries; peers typically maintain this as a small percentage of total current assets.

Metric ID: prepaid_and_other_current_assets

Historical Data

21 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$305M$184M$409M$571M$671M$287M$324M$391M$574M$354M$388M$345M$337M$366M$407M$845M$512M$496M$630M$1.24B$680M
QoQ Change-39.7%+122.3%+39.6%+17.5%-57.2%+12.9%+20.7%+46.8%-38.3%+9.6%-11.1%-2.3%+8.6%+11.2%+107.6%-39.4%-3.1%+27.0%+96.7%-45.1%
YoY Change+120.0%+56.0%-20.8%-31.5%-14.5%+23.3%+19.8%-11.8%-41.3%+3.4%+4.9%+144.9%+51.9%+35.5%+54.8%+46.6%+32.8%
Range$184M$1.24B
CAGR+17.4%
Avg YoY Growth+27.9%
Median YoY Growth+23.3%

Frequently Asked Questions

What is Intuit's prepaid & other current?
Intuit (INTU) reported prepaid & other current of $680M in Q1 2026.
How has Intuit's prepaid & other current changed year-over-year?
Intuit's prepaid & other current increased by 32.8% year-over-year, from $512M to $680M.
What is the long-term trend for Intuit's prepaid & other current?
Over 5 years (2020 to 2025), Intuit's prepaid & other current has grown at a 9.6% compound annual growth rate (CAGR), from $314M to $496M.
What does prepaid & other current mean?
Payments made for future services or other minor assets expected to be used within a year.