Intuit Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.83B | $16.29B | $14.37B | $12.73B | $9.63B | $7.68B | $6.78B | $6.03B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $2.93B | $2.75B | $2.54B | $2.35B | $1.68B | $1.39B | $1.23B | $1.19B |
| SG&A Expense | $1.60B | $1.42B | $1.30B | $1.46B | $982.0M | $679.0M | $597.0M | $664.0M |
| Operating Income | $4.92B | $3.63B | $3.14B | $2.57B | $2.50B | $2.18B | $1.85B | $1.56B |
| Operating Margin | 26.1% | 22.3% | 21.9% | 20.2% | 26.0% | 28.3% | 27.3% | 25.9% |
| Interest Expense | $247.0M | $242.0M | $248.0M | $81.0M | $29.0M | $14.0M | $15.0M | $20.0M |
| Pretax Income | $4.83B | $3.55B | $2.99B | $2.54B | $2.56B | $2.20B | $1.88B | $1.57B |
| Income Tax Expense | $965.0M | $587.0M | $605.0M | $476.0M | $494.0M | $372.0M | $324.0M | $237.0M |
| Net Income | $3.87B | $2.96B | $2.38B | $2.07B | $2.06B | $1.83B | $1.56B | $1.33B |
| Net Margin | 20.5% | 18.2% | 16.6% | 16.2% | 21.4% | 23.8% | 23.0% | 22.1% |
| EPS (Basic) | $13.82 | $10.58 | $8.49 | $7.38 | $7.65 | $6.99 | $5.99 | $5.18 |
| EPS (Diluted) | $13.67 | $10.43 | $8.42 | $7.28 | $7.56 | $6.92 | $5.89 | $5.09 |
| Shares Outstanding (Basic) | 280.0M | 280.0M | 281.0M | 280.0M | 270.0M | 261.0M | 260.0M | 256.0M |
| Shares Outstanding (Diluted) | 283.0M | 284.0M | 283.0M | 284.0M | 273.0M | 264.0M | 264.0M | 261.0M |
| Dividends Per Share | $4.16 | $3.60 | $3.12 | $2.72 | $2.36 | $2.12 | $1.88 | $1.56 |