Discontinued — last reported Q1 '25
Intuit Provision for Credit Losses increased by 133.3% to $84.00M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cf| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $36.00M | $84.00M |
| QoQ Change | — | +133.3% |
| YoY Change | — | +133.3% |