Revenue segments as reported by the company.

Product

Service & Other

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

Selling and marketing

Research and development

General and administrative

Amortization of other acquired intangible assets

Restructuring

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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

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Earnings data Q4 2022

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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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Intangibles

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Short term debt

Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Mastercard

Microsoft

Software stocks are some of the best investment options available for 2024 after a 28.2% gain in the technology sector drove them to excellent returns in the first half of the year. In the first half of 2024 the Nasdaq Composite Index, which is mostly weighted with technology and software stocks, rose by 18.6%.

The Top 3 Software Stocks to Buy Now: Summer 2024

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, will announce its fourth-quarter and full-year financial results for fiscal year 2024 on August 22, following the close of market. The company's fourth quarter ends on July 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on August 22. The conference call can be hea.

Intuit to Announce Fourth-quarter and Full-year Fiscal 2024 Results on Aug. 22; Investor Day Set for Sep. 26

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it appointed Forrest Norrod, executive vice president and general manager of the Data Center Solutions Business at AMD, to its board of directors. “The AI revolution is one of the most significant technology shifts in our lifetime and Intuit's strategy to be the global AI-driven expert platform is deliver.

Intuit Appoints AI Leader Forrest Norrod to its Board of Directors

Oracle

Here is why investing in American software stocks can be a smart move. Technology, and especially software is likely to prosper in the event of a Trump administration.

3 American Software Stocks to Buy if You're Betting on Trump 2024

The latest trading day saw Intuit (INTU) settling at $637.10, representing a -1.15% change from its previous close.

Here's Why Intuit (INTU) Fell More Than Broader Market

Canaan Inc.

Progress Software

Amid volatile macroeconomic conditions, Computer Software industry participants like Intuit (INTU), Progress Software (PRGS) and Canaan (CAN) are well-poised to capitalize on accelerating digital transformation and strong adoption of cloud computing solutions.

3 Software Stocks to Keep an Eye on in a Troubled Industry

Amazon

Booz Allen Hamilton Hld

Costco

New Linde PLC

Walmart

The market offers plenty of options, but only a select few have the potential to be true long-term winners. Not many people can look at a company and say that they have good enough conviction that the business in question will remain relevant a few decades from now.

7 Stocks to Buy in July 2024 and Hold Until You're 70

Honeywell

Kinsale Capital Group

Investors seek high-growth stocks because they offer the potential to deliver substantial returns through capital appreciation. These stocks typically perform strongly in key growth metrics such as EPS, revenue, profitability and future growth prospects.

3 Stocks Set for Explosive Growth for the Rest of 2024

MercadoLibre

Block

Block is an innovator with a strong product portfolio and a surprisingly cheap valuation. MercadoLibre delivers impressive financial results as it dominates the Latin American market.

3 Fintech Stocks to Buy and Hold for Great Long-Term Potential

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Intuit (INTU) is a Top Growth Stock for the Long-Term

Intuit is paying more than $555,000 in back wages to workers who missed overtime payments. The Labor Department said it hadn't kept accurate pay records and didn't pay workers for required training.

Silicon Valley financial software giant Intuit to pay back $555,000 to 2,600 workers over missed overtime payments

Gilead Sciences

Palantir Technologies

As investors buy from tech giants like Nvidia, many other compelling opportunities exist for those looking for growth. Driven by innovation, revenue growth, and an enviable market position, each of these 3 underappreciated stocks offers investors a unique opportunity for profitability.

3 Underappreciated Stocks About to Break Their Chains

Global financial company Intuit, which owns TurboTax, Quickbooks, MailChimp, and more, announced Wednesday that it's laying off 1,800 employees, or about 10 percent of its workforce. Unlike many recent tech layoffs focused on reducing the workforce, Intuit cited that most of today's layoffs were performance-related.

Intuit to lay off 1,800 employees, labels 1,050 as ‘underperformers'

Intuit (INTU) shares fell Wednesday after the accounting software maker announced that as part of a reorganization plan it was cutting jobs of current employees, but plans to replace them as it shifts its focus towards artificial intelligence.

Intuit Slashes Jobs, But Plans to Rehire as Company Shifts Focus to AI

Intuit Inc (NASDAQ:INTU, ETR:ITU) announced a significant reshuffle in its workforce, demonstrating a strategic pivot towards growth and innovation. The company revealed plans to lay off approximately 1,800 employees, equivalent to about 10% of its current headcount, only to rehire a similar number in more strategic roles.

Intuit cuts 10% of workforce, plans strategic rehire in growth areas

Tax preparation software maker Intuit is cutting 1,800 jobs, or 10% of its workforce, and closing two locations.

Intuit Cuts 10% of Staff Amid New AI Efforts

Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan

Intuit, which also makes online accounting software QuickBooks, said it will increase investments in generative AI and plans to expand into new markets including Canada, United Kingdom and Australia.

TurboTax parent Intuit slashing nearly 2K jobs as it plans shift to AI products

Intuit (NASDAQ: INTU ) layoffs are a hot topic on Wednesday after the TurboTax parent company announced plans to cut roughly 10% of its workforce. Intuit notes that these layoffs will remove 1,800 positions from its business.

Intuit Layoffs 2024: What to Know About the Latest INTU Job Cuts

Inuit Inc. INTU, -1.39% said Wednesday it's cutting 1,800 jobs or about 10% of its workforce and hiring an equal number of engineering, product and sales people as it pivots to invest in artificial intelligence opportunities. Intuit said it expects to grow its headcount in fiscal 2025.

Intuit to lay off 1,800 and hire an equal number as it refocuses on AI

TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10% of its workforce, as it looks to reinvest capital in other critical areas.

Intuit to cut about 1,800 jobs

Intuit NASDAQ: INTU is seated in the technology sector and specializes in providing tax and small-business accounting software. RBC Capital recently initiated coverage on the company, setting a price target of $760, implying a 15% upside from the current price.

Intuit Stock Ready to Soar: RBC Sees Big Upside with GenAI

Learn why Intuit is such a good example of how to really put generative AI to work at this year's VB Transform.

Investors call Intuit bullish; VB calls Intuit and its AI strategy a highlight of VB Transform 2024

Automatic Data Processing

Cintas Corp

Looking for dividend stocks to buy with a good mix of growing payouts and decent safety margins? You're at the right place.

3 Underappreciated Dividend Gems Primed for a Breakout

American Express

Texas Roadhouse

Visa

Dividend stocks give investors the opportunity to beat inflation. While most dividend-paying corporations raise their dividends each year, some of those growth rates regularly exceed inflation.

News for Intuit Stock (INTU)