Intuit Total Operating Expenses increased by 13.3% to $3.80B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.6%, from $3.37B to $3.80B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 18.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.26B | $2.16B | $1.81B | $2.62B | $3.24B | $2.49B | $2.52B | $2.77B | $3.24B | $2.70B | $2.67B | $3.02B | $3.63B | $3.34B | $3.01B | $3.37B | $4.03B | $3.49B | $3.35B | $3.80B |
| QoQ Change | — | -4.4% | -16.1% | +44.4% | +23.7% | -23.1% | +1.3% | +9.9% | +16.9% | -16.8% | -0.9% | +13.0% | +20.4% | -8.2% | -9.7% | +11.9% | +19.7% | -13.4% | -4.0% | +13.3% |
| YoY Change | — | — | — | — | +43.3% | +15.3% | +39.1% | +5.9% | +0.1% | +8.3% | +6.0% | +8.9% | +12.1% | +23.7% | +12.8% | +11.7% | +11.1% | +4.7% | +11.3% | +12.6% |