Intuit's Income Statement Analysis: Revenue to Profit Breakdown
Intuit's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Jul 31, 2021
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FY22
Jul 31, 2022
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FY23
Jul 31, 2023
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FY24
Jul 31, 2024
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FY25
Jul 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$9.63 B | $12.73 B | $14.37 B | $16.29 B | $18.83 B | $20.93 B |
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Cost of Revenue Direct cost of goods/services. |
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$1.68 B | $2.41 B | $3.14 B | $3.47 B | $3.62 B | $3.97 B |
Gross Profit Revenue minus cost of revenue. |
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$7.95 B | $10.32 B | $11.23 B | $12.82 B | $15.21 B | $16.96 B |
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Operating Expense
Costs to run business. |
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$5.45 B | $7.75 B | $8.08 B | $9.19 B | $10.28 B | $11.22 B |
Research and Development Investment in innovation. |
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$1.68 B | $2.35 B | $2.54 B | $2.75 B | $2.93 B | $3.32 B |
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Sales, General and Administrative
Selling and admin costs. |
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$3.63 B | $4.99 B | $5.06 B | $5.73 B | $6.64 B | $7.18 B |
General and Administrative Corporate overhead costs. |
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$982.00 M | $1.46 B | $1.30 B | $1.42 B | $1.60 B | $1.66 B |
Sales and Marketing Customer acquisition costs. |
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$2.64 B | $3.53 B | $3.76 B | $4.31 B | $5.04 B | $5.52 B |
Other Expenses Other operating costs. |
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$146.00 M | $416.00 M | $483.00 M | $706.00 M | $720.00 M | $724.00 M |
Operating Income Profit from operations. |
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$2.50 B | $2.57 B | $3.14 B | $3.63 B | $4.92 B | $5.75 B |
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Net Interest Income
Interest income minus expense. |
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$28.00 M | -$17.00 M | -$142.00 M | -$95.00 M | -$72.00 M | -$89.00 M |
Interest Income Income from investments. |
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$57.00 M | $64.00 M | $106.00 M | $147.00 M | $175.00 M | $272.00 M |
Interest Expense Cost of borrowing. |
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$29.00 M | $81.00 M | $248.00 M | $242.00 M | $247.00 M | $361.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$85.00 M | -$52.00 M | -$96.00 M | -$162.00 M | -$158.00 M | -$371.00 M |
Total Other Income (Net) Net non-operating items. |
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$56.00 M | -$29.00 M | -$152.00 M | -$80.00 M | -$89.00 M | $95.00 M |
Income Before Tax Profit before taxes. |
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$2.56 B | $2.54 B | $2.99 B | $3.55 B | $4.83 B | $5.84 B |
Income Tax Expense Taxes on income. |
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$494.00 M | $476.00 M | $605.00 M | $587.00 M | $965.00 M | $1.26 B |
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Net Income
Final profit. |
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$2.06 B | $2.07 B | $2.38 B | $2.96 B | $3.87 B | $4.58 B |
Net Income From Continuing Operations Profit from core business. |
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$2.06 B | $2.07 B | $2.38 B | $2.96 B | $3.87 B | $4.58 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$7.64 | $7.38 | $8.48 | $10.58 | $13.82 | $16.55 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$7.55 | $7.27 | $8.42 | $10.43 | $13.67 | $16.50 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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270.00 M | 280.00 M | 281.00 M | 280.00 M | 280.00 M | 276.00 M |
Diluted Average Shares Outst. Shares including dilution. |
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273.00 M | 284.00 M | 283.00 M | 284.00 M | 283.00 M | 276.00 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$2.59 B | $2.62 B | $3.24 B | $3.79 B | $5.08 B | $6.12 B |
EBITDA Earnings before interest, tax, D&A. |
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$2.95 B | $3.37 B | $4.04 B | $4.58 B | $5.89 B | $6.75 B |
Depreciation and Amortization Non-cash expense for assets. |
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$363.00 M | $746.00 M | $806.00 M | $789.00 M | $809.00 M | $626.00 M |
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Intuit's Assets vs Liabilities & Equity
Intuit's Assets vs Liabilities & Equity
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