Current Assets

Total Current Assets

Intuit Total Current Assets increased by 52.4% to $17.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.7%, from $13.97B to $17.84B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 12.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026May 20, 2026

How to read this metric

An increase generally signals improved liquidity, provided it is not driven by an accumulation of slow-moving inventory or uncollectible receivables.

Detailed definition

This is the aggregate value of all assets that the company expects to convert into cash or consume within one year or on...

Peer comparison

Benchmark against current liabilities to calculate the current ratio, a standard metric for assessing short-term solvency.

Metric ID: total_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$5.33B$5.16B$4.49B$3.49B$5.86B$5.05B$4.55B$4.76B$6.65B$5.56B$6.23B$7.30B$9.24B$9.68B$10.73B$9.14B$13.97B$14.11B$10.42B$11.70B$17.84B
QoQ Change-3.2%-13.0%-22.2%+67.9%-13.8%-9.8%+4.4%+39.8%-16.4%+12.1%+17.2%+26.5%+4.8%+10.8%-14.8%+52.9%+1.0%-26.1%+12.3%+52.4%
YoY Change+10.0%-2.1%+1.5%+36.3%+13.5%+10.1%+36.8%+53.5%+38.9%+74.2%+72.1%+25.1%+51.2%+45.8%-2.8%+28.1%+27.7%
Range$3.49B$17.84B
CAGR+27.3%
Avg YoY Growth+30.6%
Median YoY Growth+28.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Intuit's total current assets?
Intuit (INTU) reported total current assets of $17.84B in Q1 2026.
How has Intuit's total current assets changed year-over-year?
Intuit's total current assets increased by 27.7% year-over-year, from $13.97B to $17.84B.
What is the long-term trend for Intuit's total current assets?
Over 5 years (2020 to 2025), Intuit's total current assets has grown at a 12.1% compound annual growth rate (CAGR), from $7.98B to $14.11B.
What does total current assets mean?
The sum of all assets the company expects to turn into cash within one year.