Intuit Historical Income Statement

INTU Stock

USD 608.38 4.83 0.79%

Historical analysis of Intuit income statement accounts such as Total Revenue of 17.3 B or Gross Profit of 13.6 B can show how well Intuit Inc performed in making a profits. Evaluating Intuit income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Intuit's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Intuit Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Intuit Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About Intuit Income Statement Analysis

Intuit Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Intuit shareholders. The income statement also shows Intuit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Intuit Income Statement Chart

Intuit Inc Income Statement is one of the three primary financial statements used for reporting Intuit's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Intuit Inc revenue and expense. Intuit Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Intuit's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 9.8 B in 2024, whereas Non Recurring is likely to drop slightly above 97.5 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Intuit Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Intuit Inc minus its cost of goods sold. It is profit before Intuit operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Intuit Inc. It is also known as Intuit overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Intuit Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Intuit Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Intuit's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Intuit Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Gross Profit	10.3B	11.2B	12.9B	13.6B
Total Revenue	12.7B	14.4B	16.5B	17.3B

Gross Profit Total Revenue

Intuit income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Selling General Administrative	Extraordinary Items	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income
Depreciation And Amortization		0.9	0.98	0.98	0.99	0.93	0.94	0.96	0.98	0.99	0.92	-0.65	0.9	0.87	0.98	0.98	0.21	0.59	0.97	0.9	0.8	0.27	0.57	0.83	0.89	-0.68
Interest Expense	0.9		0.87	0.86	0.88	0.82	0.84	0.86	0.92	0.86	0.79	-0.79	0.77	0.82	0.86	0.92	0.17	0.48	0.82	0.78	0.74	0.14	0.44	0.79	0.85	-0.9
Total Revenue	0.98	0.87		1.0	1.0	0.98	0.99	0.99	0.99	1.0	0.97	-0.59	0.97	0.89	1.0	0.98	0.24	0.64	0.99	0.96	0.88	0.32	0.66	0.83	0.92	-0.6
Gross Profit	0.98	0.86	1.0		1.0	0.98	0.99	1.0	0.99	1.0	0.98	-0.57	0.97	0.89	1.0	0.97	0.25	0.65	0.99	0.96	0.87	0.34	0.67	0.83	0.91	-0.58
Other Operating Expenses	0.99	0.88	1.0	1.0		0.97	0.98	0.99	0.99	1.0	0.96	-0.61	0.95	0.88	1.0	0.98	0.24	0.62	0.99	0.95	0.87	0.3	0.64	0.83	0.92	-0.62
Operating Income	0.93	0.82	0.98	0.98	0.97		1.0	0.99	0.96	0.97	1.0	-0.47	0.99	0.91	0.98	0.93	0.26	0.68	0.97	0.98	0.91	0.38	0.72	0.81	0.91	-0.52
Ebit	0.94	0.84	0.99	0.99	0.98	1.0		1.0	0.97	0.98	1.0	-0.51	0.99	0.91	0.98	0.94	0.24	0.69	0.97	0.97	0.91	0.38	0.7	0.81	0.92	-0.54
Ebitda	0.96	0.86	0.99	1.0	0.99	0.99	1.0		0.98	0.99	0.99	-0.54	0.98	0.91	0.99	0.96	0.24	0.67	0.98	0.97	0.89	0.36	0.68	0.83	0.92	-0.58
Cost Of Revenue	0.98	0.92	0.99	0.99	0.99	0.96	0.97	0.98		0.99	0.95	-0.65	0.94	0.87	0.99	0.99	0.23	0.59	0.98	0.95	0.88	0.24	0.62	0.84	0.93	-0.68
Total Operating Expenses	0.99	0.86	1.0	1.0	1.0	0.97	0.98	0.99	0.99		0.97	-0.6	0.96	0.88	1.0	0.98	0.24	0.63	0.99	0.95	0.86	0.32	0.65	0.83	0.91	-0.6
Income Before Tax	0.92	0.79	0.97	0.98	0.96	1.0	1.0	0.99	0.95	0.97		-0.43	1.0	0.9	0.97	0.91	0.26	0.68	0.96	0.98	0.91	0.4	0.73	0.8	0.9	-0.47
Total Other Income Expense Net	-0.65	-0.79	-0.59	-0.57	-0.61	-0.47	-0.51	-0.54	-0.65	-0.6	-0.43		-0.4	-0.51	-0.59	-0.67	-0.01	-0.33	-0.55	-0.41	-0.39	-0.06	0.0	-0.54	-0.55	0.84
Net Income	0.9	0.77	0.97	0.97	0.95	0.99	0.99	0.98	0.94	0.96	1.0	-0.4		0.87	0.96	0.91	0.31	0.65	0.96	0.99	0.92	0.37	0.77	0.8	0.9	-0.44
Income Tax Expense	0.87	0.82	0.89	0.89	0.88	0.91	0.91	0.91	0.87	0.88	0.9	-0.51	0.87		0.87	0.83	0.16	0.82	0.84	0.8	0.73	0.55	0.53	0.74	0.8	-0.59
Research Development	0.98	0.86	1.0	1.0	1.0	0.98	0.98	0.99	0.99	1.0	0.97	-0.59	0.96	0.87		0.97	0.27	0.63	0.99	0.96	0.86	0.32	0.68	0.83	0.91	-0.59
Selling General Administrative	0.98	0.92	0.98	0.97	0.98	0.93	0.94	0.96	0.99	0.98	0.91	-0.67	0.91	0.83	0.97		0.25	0.5	0.97	0.93	0.85	0.14	0.6	0.84	0.92	-0.71
Extraordinary Items	0.21	0.17	0.24	0.25	0.24	0.26	0.24	0.24	0.23	0.24	0.26	-0.01	0.31	0.16	0.27	0.25		0.07	0.24	0.28	0.12	-0.01	0.68	0.35	0.29	-0.06
Minority Interest	0.59	0.48	0.64	0.65	0.62	0.68	0.69	0.67	0.59	0.63	0.68	-0.33	0.65	0.82	0.63	0.5	0.07		0.58	0.53	0.44	0.87	0.39	0.48	0.46	-0.28
Selling And Marketing Expenses	0.97	0.82	0.99	0.99	0.99	0.97	0.97	0.98	0.98	0.99	0.96	-0.55	0.96	0.84	0.99	0.97	0.24	0.58		0.96	0.87	0.28	0.66	0.82	0.91	-0.54
Net Income From Continuing Ops	0.9	0.78	0.96	0.96	0.95	0.98	0.97	0.97	0.95	0.95	0.98	-0.41	0.99	0.8	0.96	0.93	0.28	0.53	0.96		0.95	0.22	0.76	0.81	0.93	-0.46
Non Operating Income Net Other	0.8	0.74	0.88	0.87	0.87	0.91	0.91	0.89	0.88	0.86	0.91	-0.39	0.92	0.73	0.86	0.85	0.12	0.44	0.87	0.95		0.13	0.6	0.74	0.91	-0.43
Non Recurring	0.27	0.14	0.32	0.34	0.3	0.38	0.38	0.36	0.24	0.32	0.4	-0.06	0.37	0.55	0.32	0.14	-0.01	0.87	0.28	0.22	0.13		0.22	0.27	0.11	0.04
Discontinued Operations	0.57	0.44	0.66	0.67	0.64	0.72	0.7	0.68	0.62	0.65	0.73	0.0	0.77	0.53	0.68	0.6	0.68	0.39	0.66	0.76	0.6	0.22		0.6	0.59	-0.15
Tax Provision	0.83	0.79	0.83	0.83	0.83	0.81	0.81	0.83	0.84	0.83	0.8	-0.54	0.8	0.74	0.83	0.84	0.35	0.48	0.82	0.81	0.74	0.27	0.6		0.84	-0.59
Interest Income	0.89	0.85	0.92	0.91	0.92	0.91	0.92	0.92	0.93	0.91	0.9	-0.55	0.9	0.8	0.91	0.92	0.29	0.46	0.91	0.93	0.91	0.11	0.59	0.84		-0.57
Net Interest Income	-0.68	-0.9	-0.6	-0.58	-0.62	-0.52	-0.54	-0.58	-0.68	-0.6	-0.47	0.84	-0.44	-0.59	-0.59	-0.71	-0.06	-0.28	-0.54	-0.46	-0.43	0.04	-0.15	-0.59	-0.57

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Intuit Account Relationship Matchups

Intuit income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	254M	448M	798M	806M	926.9M	973.2M
Interest Expense	14M	29M	81M	248M	223.2M	234.4M
Total Revenue	7.7B	9.6B	12.7B	14.4B	16.5B	17.3B
Gross Profit	6.3B	8.0B	10.3B	11.2B	12.9B	13.6B
Other Operating Expenses	5.5B	7.1B	10.2B	11.2B	12.9B	13.6B
Operating Income	2.2B	2.5B	2.6B	3.1B	3.6B	3.8B
Ebit	2.2B	2.5B	2.6B	3.2B	3.7B	3.9B
Ebitda	2.4B	2.9B	3.4B	4.0B	4.6B	4.9B
Cost Of Revenue	1.4B	1.7B	2.4B	3.1B	3.6B	3.8B
Total Operating Expenses	4.1B	5.5B	7.7B	8.1B	9.3B	9.8B
Income Before Tax	2.2B	2.6B	2.5B	3.0B	3.4B	3.6B
Total Other Income Expense Net	22M	56M	(29M)	(152M)	(136.8M)	(130.0M)
Net Income	1.8B	2.1B	2.1B	2.4B	2.7B	2.9B
Income Tax Expense	372M	494M	476M	605M	695.8M	730.5M
Research Development	1.4B	1.7B	2.3B	2.5B	2.9B	3.1B
Selling General Administrative	679M	982M	1.5B	1.7B	2.0B	2.1B
Net Income Applicable To Common Shares	1.8B	2.1B	2.1B	2.4B	2.7B	2.9B
Selling And Marketing Expenses	2.0B	2.6B	3.5B	3.3B	3.8B	4.0B
Net Income From Continuing Ops	1.8B	2.1B	2.1B	2.4B	2.7B	2.9B
Tax Provision	372M	494M	476M	605M	695.8M	446.7M
Interest Income	39M	85M	52M	96M	110.4M	115.9M
Net Interest Income	25M	56M	(29M)	(152M)	(136.8M)	(130.0M)
Reconciled Depreciation	218M	363M	746M	806M	926.9M	973.2M

Intuit Investors Sentiment

The influence of Intuit's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Intuit. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Intuit's public news can be used to forecast risks associated with an investment in Intuit. The trend in average sentiment can be used to explain how an investor holding Intuit can time the market purely based on public headlines and social activities around Intuit Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Intuit's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Intuit's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Intuit's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Intuit.

Intuit Implied Volatility

90.49

Intuit's implied volatility exposes the market's sentiment of Intuit Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Intuit's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Intuit stock will not fluctuate a lot when Intuit's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Intuit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Intuit's short interest history, or implied volatility extrapolated from Intuit options trading.

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When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:

How To Invest In Intuit

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Is Intuit Stock a good investment?

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What is Intuit's Net Worth?

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You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.

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Is Intuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuit. If investors know Intuit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.18)

Dividend Share

3.36

Earnings Share

9.78

Revenue Per Share

53.811

Quarterly Revenue Growth

0.41

The market value of Intuit Inc is measured differently than its book value, which is the value of Intuit that is recorded on the company's balance sheet. Investors also form their own opinion of Intuit's value that differs from its market value or its book value, called intrinsic value, which is Intuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuit's market value can be influenced by many factors that don't directly affect Intuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Intuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Intuit Historical Income Statement

About Intuit Income Statement Analysis

Intuit Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Intuit income statement Correlations

Intuit Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Intuit income statement Accounts

Intuit Investors Sentiment

Intuit Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Intuit Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Total Revenue
Research Development	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Ebitda	+ 1.0	Gross Profit

Net Interest Income	- 0.9	Interest Expense
Total Other Income Expense Net	- 0.79	Interest Expense
Net Interest Income	- 0.71	Selling General Administrative
Net Interest Income	- 0.68	Cost Of Revenue
Net Interest Income	- 0.68	Depreciation And Amortization
Selling General Administrative	- 0.67	Total Other Income Expense Net