FirmAtlas
Company handbook · INTU · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
INTU · CIK 896878 · LATEST FILING: 10-K FY26 · FILED SEP 9, 2026
INTUIT INC.
$325.15
−5.02 (−1.52%)
Close, Oct 16, 2026 · 52-week $253–689
Intuit sells financial software: TurboTax for tax filing, QuickBooks for small business accounting and payments, Credit Karma for personal finance, and Mailchimp for email marketing.
Business
- SegmentsSmall Business Self Employed 60% · Consumer Tax 40% (FY26)
- CustomersConsumers, small and mid-sized businesses, and accountants, mostly in the U.S.; sold online by subscription or per use, and through retailers and accountants
- Cash useFY25–FY26: buybacks $8.2B · dividends $2.5B · capex $259M · acquisitions $184M
Reinvested 3% of operating cash flow · returned 73% of free cash flow
Last fiscal year
INTUIT INC. reported revenue of $21.4B for the year ended Jul 31, 2026 (FY26), up 13.9% from FY25. Net income was $4.6B, operating cash flow $8.8B and free cash flow $8.7B. Source: 10-K filed Sep 9, 2026.
Market cap
$87.3B
P/E
19.1
EV/EBITDA
14.3x
P/B
4.6
Div yield
1.53%
ROIC
25.6%
Revenue 1Y
13.9%/yr
EPS 1Y
20.4%/yr
Shares 1Y
−4%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOSasan K. Goodarzi
HQMountain View, CA
AuditorErnst & Young LLP
Employees18,600
Year endsJuly
Revenue by segment · FY26
Small Business Self Employed60%
Consumer Tax40%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
11.8%
−10.0%
−15.6%
−49.7%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY25–FY26
$11.2B deployed
Capex
$259M
2.3%
Acquisitions
$184M
1.6%
Dividends
$2.5B
22.7%
Buybacks
$8.2B
73.3%
Operating cash flow over the period: $15.0B. Total debt changed by +$2.9B. R&D of $6.3B is already inside operating costs.
More cash than debt at the end of FY26.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY26 = year ended Jul 31, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Income
Revenue
18,831
21,448+13.9%
YoY
+13.9%
Operating income
4,923
5,884+19.5%
Operating margin
26.1%
27.4%+1.3 pp
EBITDA
5,095
6,071+19.2%
EBITDA margin
27.1%
28.3%+1.2 pp
Interest expense
247
256+3.6%
Interest coverage
20.63x
23.71x+3.09x
Net income
3,869
4,566+18.0%
YoY
+18.0%
Net margin
20.5%
21.3%+0.7 pp
EPS (diluted, $)
13.67
16.46+20.4%
YoY
+20.4%
Balance sheet
Total assets
36,958
36,786−0.5%
Cash & short-term investments
9,481
9,216−2.8%
Accounts receivable
530
625+17.9%
Net PP&E
961
1,023+6.5%
Other assets
25,986
25,922−0.2%
Total liabilities
17,248
17,794+3.2%
Accounts payable
792
873+10.2%
Total debt
5,973
8,918+49.3%
Other liabilities
10,483
8,003−23.7%
Shareholders’ equity
19,710
18,992−3.6%
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
6,207
8,838+42.4%
Net income
3,869
4,566+18.0%
Depreciation & amortization
172
187+8.7%
Stock-based compensation
1,968
2,056+4.5%
Working capital & other
198
2,029+924.7%
Cash from investing
(2,318)
(1,412)n/m
Capex
(84)
(175)n/m
Acquisitions
(184)
0n/m
Investments bought
(2,363)
(3,892)n/m
Investments sold / matured
864
2,554+195.6%
Other investing
(551)
101n/m
Cash from financing
(1,510)
(7,689)n/m
Debt raised
0
1,736n/m
Debt repaid
(500)
0n/m
Dividends
(1,189)
(1,347)n/m
Buybacks
(2,772)
(5,412)n/m
Shares issued
234
14−94.0%
Other financing
2,717
(2,680)−198.6%
Net change in cash
2,382
(265)−111.1%
Free cash flow (OCF − capex)
6,123
8,663+41.5%
Where the cash went
Operating cash flow
6,207
8,838+42.4%
Reinvested in the business
268
175−34.7%
% of operating cash flow
4.3%
2.0%
Capex
84
175+108.3%
Acquisitions
184
0−100.0%
R&D (memo, already in costs)
2,928
3,376+15.3%
Free cash flow
6,123
8,663+41.5%
YoY
+41.5%
Returned to shareholders
3,961
6,759+70.6%
% of free cash flow
64.7%
78.0%
Dividends
1,189
1,347+13.3%
Buybacks
2,772
5,412+95.2%
Change in total debt
—
2,945
Cash left over
—
4,849
FCF conversion (FCF ÷ net income)
158.3%
189.7%+31.5 pp
Owner earnings
—
4,564
Owner earnings margin
—
21.3%
Buyback yield
1.3%
6.4%+5.1 pp
Returns & ratios
ROIC (all capital)
24.3%
25.6%+1.3 pp
ROIC (operating)
563.7%
605.8%+42.1 pp
Net debt / EBITDA
−0.69x
−0.05x+0.64x
Debt / equity
0.30x
0.47x+0.17x
ROE
19.6%
24.0%+4.4 pp
ROA
10.5%
12.4%+1.9 pp
ROCE
18.5%
22.1%+3.6 pp
NOPAT
3,940
4,465+13.3%
Invested capital (operating)
699
775+10.9%
Invested capital (all)
16,202
18,694+15.4%
Reinvestment rate
—
1.7%
Income
Oct '25
Jan '26
Apr '26
Jul '26
Revenue
3,885
4,651
8,558
4,354
vs year-ago quarter
Operating income
534
855
4,020
475
Net income
446
693
3,064
363
vs year-ago quarter
Net margin
11.5%
14.9%
35.8%
8.3%
EPS (diluted, $)
1.59
2.48
11.09
1.35
vs year-ago quarter
Balance sheet
Oct '25
Jan '26
Apr '26
Jul '26
Total assets
33,191
34,282
39,330
36,786
Cash & equivalents
6,943
6,783
11,914
9,216
Total debt
6,889
6,909
6,912
8,918
Shareholders’ equity
19,322
19,055
20,629
18,992
Cash flow
Oct '25
Jan '26
Apr '26
Jul '26
Operating cash flow
637
1,570
5,300
1,331
Capex
38
46
64
27
Free cash flow
599
1,524
5,236
1,304
vs year-ago quarter