Intuit Inc.

INTU ·Technology, Software - Application, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $5.20B $4.69B $4.19B $4.24B $3.95B $3.81B $3.45B $3.40B
Cost of Revenue $120.0M $131.0M $139.0M $137.0M $125.0M $146.0M $143.0M $144.0M
Gross Profit $5.08B $4.56B $4.05B $4.11B $3.82B $3.66B $3.31B $3.26B
Gross Margin 97.7% 97.2% 96.7% 96.8% 96.8% 96.2% 95.9% 95.8%
Operating Expenses
Research & Development $998.0M $881.0M $798.0M $714.0M $647.0M $618.0M $566.0M $564.0M
SG&A Expense $553.0M $518.0M $483.0M $444.0M $412.0M $381.0M $341.0M $346.0M
Operating Income $1.42B $1.24B $738.0M $1.30B $1.21B $1.17B $1.08B $904.0M
Operating Margin 27.3% 26.5% 17.6% 30.6% 30.6% 30.7% 31.4% 26.6%
Interest Expense $31.0M $35.0M $27.0M $31.0M $30.0M $50.0M $60.0M $61.0M
Pretax Income $1.39B $1.20B $712.0M $1.30B $1.19B $1.14B $1.04B $856.0M
Income Tax Expense $405.0M $397.0M $299.0M $447.0M $378.0M $374.0M $354.0M $292.0M
Net Income $985.0M $979.0M $365.0M $907.0M $858.0M $792.0M $634.0M $574.0M
Net Margin 19.0% 20.9% 8.7% 21.4% 21.7% 20.8% 18.4% 16.9%
EPS (Basic) $3.83 $3.73 $1.30 $3.18 $2.89 $2.67 $2.06 $1.82
EPS (Diluted) $3.78 $3.69 $1.28 $3.12 $2.83 $2.60 $2.00 $1.77
Shares Outstanding (Basic) 257.0M 262.0M 281.0M 285.0M 297.0M 296.0M 307.0M 316.0M
Shares Outstanding (Diluted) 261.0M 265.0M 286.0M 291.0M 303.0M 305.0M 317.0M 325.0M
Dividends Per Share $1.36 $1.20 $1.00 $0.76 $0.68 $0.60 $0.00 $0.00
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