Revenue segments as reported by the company.

Product

Service & Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling and marketing

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Amortization of other acquired intangible assets

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Intuit

TurboTax is an American tax preparation software package developed by Michael A. Chipman of Chipsoft in the mid-1980s. Intuit acquired Chipsoft, based in San Diego, in 1993. Chipsoft, now known as Intuit Consumer Tax Group, is still based in San Diego, having moved into a new office complex in 2007. Intuit Corporation is headquartered in Mountain View, California.

TurboTax

Mint.com is a free, web-based personal financial management service for the US and Canada, created by Aaron Patzer. Mint originally provided account aggregation through a deal with Yodlee, but has since moved to using Intuit for connecting to accounts. Mint's primary service allows users to track bank, credit card, investment, and loan balances and transactions through a single user interface, as well as create budgets and set financial goals. In 2009, Mint was acquired by Intuit, the makers of Quicken and TurboTax.

Mint

QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.

Quickbooks

Quiken Loans is a mortgage lending company headquartered in the One Campus Martius building in the heart of the financial district of downtown Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S. (it is also the largest online retail mortgage lender). Unlike other large mortgage lenders that depend on deposits, Quicken Loans relies on wholesale funding to make its loans and uses online applications rather than a branch system. Title Source and One Reverse Mortgage are also part of the Quicken Loans Family of Companies. The company closed more than $400 billion of mortgage volume across all 50 states from 2013 through 2017.

Quicken Loans

MailChimp is an operator of a marketing and commerce platform for small businesses, brands and entrepreneurs. The company offers digital marketing services, audience management tools, creative tools, marketing automation, insights and analytics as well as develops email marketing software to send marketing emails, automated messages and targeted campaigns, thereby enabling clients to access the right technology, reach the target audience, boost sales and grow business on their terms.

MailChimp

Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Credit Karma segment serves consumers with a personal finance platform that provides personalized recommendations of credit cards, home, auto and personal loans, and insurance products, and online savings and checking accounts. The ProTax segment refers to the professional accountants in the U.S. and Canada, who are essential to both small business success and tax preparation and filing. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Intuit raises fiscal 2023 guidance after Q1 revenue growth

Intuit's Q1 2023 performance showed revenue growth, but challenges from IRS returns and DIY category share decline. The company's acquisitions of Credit Karma and Mailchimp are contributing to its data strength. TurboTax Live and payroll present growth opportunities for the future.

Intuit reports robust Q2 earnings, focuses on strategic growth

Intuit's strong Q2 performance, driven by revenue growth in key segments and strategic initiatives, showcases resilience and innovation. While facing challenges in certain segments, the company's focus on margin levers and strategic investments positions it well for future growth. Intuit's opportunities in expanding its ecosystem and enhancing customer engagement present avenues for sustained success.

Intuit surpasses Q3 expectations, eyes growth in AI and expert services

Intuit's Q3 performance exceeded expectations, with strong growth in key segments. Challenges include declines in TurboTax and Credit Karma revenue. Opportunities in TurboTax Live, expert engagement, and full-service offerings for future growth.

Intuit reports robust Q4 earnings, bullish on AI-driven growth

Intuit's strong Q4 performance and strategic focus on AI-driven innovation position the company well for fiscal year 2024.
While facing challenges like macroeconomic uncertainty and sector-specific weaknesses, Intuit remains confident in its growth drivers and long-term investments.
Opportunities lie in leveraging full-service offerings, the Mailchimp acquisition, and addressing small businesses' current challenges through innovative solutions.
Overall, Intuit's emphasis on data, AI, and customer-centric experiences underscores a commitment to sustained growth and market leadership.

Intuit reports robust Q1 earnings, focuses on strategic growth

Intuit's Q1 performance reflects strong revenue growth, exceeding guidance, and a reaffirmation of full-year expectations for FY 2024.
The company's strategic strengths lie in its transformative initiatives, AI-driven platform strategy, and robust success metrics in the Full Service business.
Challenges include managing Credit Karma revenue decline, integrating technologies for small businesses, and balancing cross-selling opportunities without factoring them into guidance.
Opportunities exist in enhancing bill pay services, leveraging mid-market segment traction, and expanding marketing efforts to drive growth and brand equity.

Intuit reports strong Q2 earnings, focuses on AI-driven growth

Intuit's strong performance and strategic focus on AI-driven platforms position them well for growth.
While facing challenges in certain revenue segments, Intuit is leveraging opportunities in new offerings and customer experiences.
Maintaining financial stability and focusing on high-value mid-market customers are key priorities for sustained growth.
Emphasis on innovation, profitability, and customer-centric solutions drive Intuit's strategic direction.

Intuit reports robust Q3 earnings, eyes AI-driven growth opportunities

Intuit's Q3 performance reflects strong revenue growth and increased guidance for fiscal 2024, driven by investments in AI-driven platforms and customer-centric strategies. The company's strengths lie in growing segments like TurboTax Live and small business services, while challenges include transitioning customers online and expanding internationally. Intuit has opportunities to leverage AI, enhance customer experiences, and drive growth through personalized interactions.

Intuit excels in Q4 2024, banking on AI for future growth

Intuit's strong financial performance, focus on AI, and global platform strategy position it for continued growth.
The company's investments in AI capabilities and commitment to mid-market customers are key strengths.
Challenges lie in sustaining AI investments, managing competition, and balancing growth across ecosystems.
Opportunities include leveraging AI for growth, expanding internationally, and driving efficiency for sustained success.

Intuit reports robust Q1 earnings driven by AI strategy

Intuit's Q1 2025 performance reflects strong revenue growth and strategic transformation through AI-driven initiatives.
The company's emphasis on customer-centric experiences and disruptive offerings positions it well for sustained success.
While facing industry competition, Intuit's focus on innovation and data-driven strategies presents opportunities for future growth.

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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit (Nasdaq: INTU), proud maker of TurboTax, QuickBooks and Mint, today announced that it has completed its acquisition of Credit Karma, Inc., the consumer technology platform with more than 110 million members in the U.S., Canada and U.K. The combined company creates a new consumer finance platform that will make it simple for consumers to make better decisions with their money and take control of their financial lives. This combination of trusted bra

Intuit Completes Acquisition of Credit Karma

SAN DIEGO--(BUSINESS WIRE)--Today, TurboTax, from Intuit Inc. (Nasdaq: INTU) – the leader in online tax preparation – announced that TurboTax Live Basic is free for taxpayers with simple return only, who file through February 15, 2021. Now simple filers can get expert help as they prepare their taxes and have a TurboTax Live tax expert review their return before they file – for free – so they can be confident their taxes are done right. With TurboTax Live Basic, taxpayers can connect live at ho

Get an Expert Review and File for FREE With TurboTax Live Basic, for a Limited Time

SAN DIEGO--(BUSINESS WIRE)--TurboTax, from Intuit Inc. (Nasdaq: INTU), the leader in online tax preparation, processing nearly 40 million tax returns last year alone, is expanding into the assisted tax preparation category with the launch of TurboTax Live Full Service. Now with TurboTax Live, taxpayers can choose to connect to a dedicated tax expert, who will prepare and file their tax return for them - all from the comfort of home. The TurboTax Live Full Service experience matches taxpayers wi

Intuit TurboTax Launches Fully Assisted Tax Preparation Solution With New TurboTax Live Full Service

Intuit (INTU) and Credit Karma's recent consent decree with the U.S. Department of Justice for the acquisition of the latter bodes well for the former and drives its customer base expansion.

Intuit (INTU) Gets Clearance From DOJ to Acquire Credit Karma

Block

Without the divestment, the acquisition would likely result in higher prices for online do-it-yourself tax preparation, the DOJ said Wednesday.

DOJ Forces Credit Karma To Sell Tax Unit To Square To Clear $7.1 Billion Takeover By Intuit

The Department of Justice is requiring Credit Karma to divest its tax business to Square as part of Intuit's $7.1 billion proposed takeover of Credit Karma. On Wednesday (Nov. 25), Intuit and Credit Karma said they had received clearance from the Department of Justice (DOJ) for the merger, and had agreed for Credit Karma to […]

Credit Karma To Divest Tax Unit To Square In $7.1B Merger With Intuit

Shares of Intuit Inc. rose 1.7% in morning trading, after the parent of TurboTax tax preparation software said it reached an agreement with the Department of Justice (DOJ) regarding its proposed $7.1 billion acquisition of Credit Karma, in which the Credit Karma Tax business will be sold to Square Inc. to help assuage antitrust concerns. The deal with Square is contingent on the closing of the Intuit-Credit Karma merger.

Intuit, Credit Karma reach deal with DOJ to help complete $7.1 billion merger

SAN FRANCISCO--(BUSINESS WIRE)--Square, Inc. (NYSE: SQ) has entered into a definitive agreement with Credit Karma to acquire its tax business, Credit Karma Tax, on behalf of Cash App, the financial services app that allows individuals to spend, send, store and invest money. Square will pay $50 million in cash for Credit Karma Tax, which provides a free, do-it-yourself tax filing service for consumers. Consistent with Square's purpose of economic empowerment, Cash App plans to offer the free tax

Cash App Announces Definitive Agreement to Acquire Credit Karma Tax

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit (Nasdaq: INTU), proud maker of TurboTax, QuickBooks, and Mint, with 57 million customers, and Credit Karma, the consumer technology platform with more than 110 million members in the U.S., Canada and the U.K., today announced that they have entered into a consent decree with the U.S. Department of Justice (DOJ), an important step in completing their previously announced merger. The companies also announced that they have entered into an Assurance o

Intuit and Credit Karma Receive Clearance from Department of Justice for Acquisition of Credit Karma

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Michelle Clatterbuck, chief financial officer of Intuit (Nasdaq: INTU) will present at the Credit Suisse Technology Virtual Conference on Dec. 1. The presentation will begin at 1:10 p.m. Pacific time and will be available live via audio webcast on Intuit's investor relations website at http://investors.intuit.com/events/default.aspx. A replay of the webcast will be available approximately 24 hours after the presentation ends. About Intuit Intuit's mission

Intuit CFO Michelle Clatterbuck to Present at Credit Suisse Technology Virtual Conference

Intuit released results Thursday night, and its shares are down 3%; competitor Sage' shares closed down 13% in London after their results. While some weakness was visible after COVID-19's impact in the last few quarters, Intuit's long-term structural growth remains intact.

Intuit: Buy The Dip After Strong Q1 And Reassuring FY21 Guidance

TurboTax and QuickBooks parent company Intuit Inc. (NASDAQ: INTU) reported fiscal first-quarter results highlighted by a 14% revenue growth. Here is a summary of how some of the Street's top analysts reacted to the print.

The Street's Reaction To Intuit's Earnings: 'Feeling Better'

Intuit's (INTU) Q1 results reflect benefits from solid growth in customers for QuickBooks Online and a favorable mix-shift.

Intuit (INTU) Q1 Earnings & Revenues Top Estimates, Increase Y/Y

Intuit Inc. (NASDAQ: INTU) said on Thursday that its revenue in the fiscal first quarter came in 14% higher on a year over year basis. At £149.24 million, its net income in Q1 jumped over 200% as compared to £42.96 million in the same quarter last year.

Intuit says its net income jumped over 200% in the fiscal first quarter

Intuit Inc. (INTU) CEO Sasan Goodarzi on Q1 2021 Results - Earnings Call Transcript

Intuit Inc. said Thursday that it saw a strong start to its fiscal year, helped along by gains in revenue from both its small-business and consumer groups.

Earnings Results: Intuit's ‘strong' first quarter: Profit more than triples, revenue rises 14%

Intuit, the maker of TurboTax, QuickBooks and Mint financial software, late Thursday smashed Wall Street's targets for its fiscal first quarter. The earnings news drove Intuit stock higher.

Financial Software Maker Intuit Mints Better-Than-Expected Quarterly Report

Shares of Intuit (NASDAQ:INTU) moved higher by 1% after the company reported Q1 results. Quarterly Results Earnings per share were up 129.27% over the past year to $0.94, which beat the estimate of $0.37.

Recap: Intuit Q1 Earnings

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, announced financial results for the first quarter of fiscal 2021, which ended Oct. 31. "We had a strong start to the year as we continue to accelerate innovation on our A.I.-driven expert platform," said Sasan Goodarzi, Intuit's chief executive officer. "We delivered double-digit revenue growth in the quarter and are excited by the velocity of our innovation." Financial Highlights For the

Intuit First Quarter Revenue Grew 14 Percent; Company Provides Guidance for Fiscal 2021

Is (INTU) Outperforming Other Computer and Technology Stocks This Year?

Has Intuit (INTU) Outpaced Other Computer and Technology Stocks This Year?

Though Intuit's (INTU) fiscal Q1 earnings are likely to have gained from buoyant demand for its tax products, high marketing expenses might have been an overhang on margins.

What's in the Offing for Intuit (INTU) This Earnings Season?

Texas Instruments

Value investors may want to consider the three stocks listed below, as they represent equities in companies with high productive operating activities and robust financial conditions based on GuruFocus profitability and financial strength ratings of at least 7 out of 10.

A Trio of High Return Businesses With Robust Balance Sheets

A Trio of High Return Businesses on Robust Balance Sheets

Intuit (INTU) combines taxes and software and its stock has more than doubled the broader tech sector's climb over the last five years.

Buy and Hold this Tech Stock for Long-Term Gains

Oracle

ORCL vs. INTU: Which Stock Is the Better Value Option?

News for Intuit Stock (INTU)