What is Intuit's R&D?

Intuit (INTU) reported R&D of $840M in Q1 2026.

How has Intuit's R&D changed year-over-year?

Intuit's R&D increased by 18.8% year-over-year, from $707M to $840M.

What is the long-term trend for Intuit's R&D?

Over 4 years (2021 to 2025), Intuit's R&D has grown at a 14.9% compound annual growth rate (CAGR), from $1.68B to $2.93B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Intuit INTU R&D

R&D at other companies

Fair IsaacFICO

$53.92M+19.7%

OracleORCL

$2.61B-1.5%

Paycom SoftwarePAYC

$60.7M-2.6%

NerdWallet, Inc.NRDS

$16.8M0.0%

Lesaka Technologies, Inc.LSAK

$125K0.0%

Vertex, Inc.VERX

$24.55M+17.5%

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:ResearchAndDevelopmentExpense.

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 R&D?: Intuit (INTU) reported R&D of $840M in Q1 2026.
How has Intuit's R&D changed year-over-year?: Intuit's R&D increased by 18.8% year-over-year, from $707M to $840M.
What is the long-term trend for Intuit's R&D?: Over 4 years (2021 to 2025), Intuit's R&D has grown at a 14.9% compound annual growth rate (CAGR), from $1.68B to $2.93B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.