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Intuit Inc. (INTU) Q3 FY2026 Financial Statements: Revenue $8.56B, Net income $3.06B

CIK 0000896878 · Nasdaq · Latest period: Q3 FY2026 (ended 2026-04-30, 10-Q accession 0000896878-26-000025) · Annual report: FY2025 10-K (filed 2025-09-03, accession 0000896878-25-000035) · Next filing: 10-K, due (projected 2026-09-02)

More for Intuit: Company index · 10-K and 10-Q summary · 8-K filings and events

PeriodQ3 FY2026

Published

Intuit Inc. reported $8.56 billion in net revenue for Q3 FY2026, the quarter ended April 30, 2026, up 10.4% from a year earlier, with net income of $3.06 billion and diluted earnings per share of $11.09. The quarter ending April 30 is the peak of Intuit's tax season, and the Consumer segment, which sells TurboTax, Credit Karma and ProTax, produced $5.27 billion of that revenue, up 7.5%, while the Global Business Solutions segment behind QuickBooks and Mailchimp grew faster to $3.29 billion, up 15.3%. Operating income of $4.02 billion was up 8.1%, growing more slowly than revenue as hosting, staffing, marketing and share-based compensation costs rose.

MetricAmountvs. year ago
Revenue$8,558,000,000up 10.4%
Net income$3,064,000,000up 8.7%
Diluted EPS$11.09up 10.7%
Operating income$4,020,000,000up 8.1%
Consumer revenue$5,273,000,000up 7.5%
Global Business Solutions revenue$3,285,000,000up 15.3%

About this file

TickerINTU
CIK0000896878
CompanyIntuit Inc.
Business typesoftware
Schema templatestandard (software / technology): revenue, cost of revenue, gross profit, operating income, net income, diluted EPS and shares; cash, debt, assets, equity; operating cash flow, capital expenditure, free cash flow, dividends and buybacks
Reporting currencyUSD
Converted to USDno
Unitsactual dollars (not millions)
Fiscal year endJuly 31

INTU annual income statement, balance sheet and cash flow

FY2025FY2024FY2023
Fiscal year202520242023
LabelFY2025FY2024FY2023
Period start2024-08-012023-08-012022-08-01
Period end2025-07-312024-07-312023-07-31
Period typefiscal yearfiscal yearfiscal year
Source accession0000896878-25-0000350000896878-25-0000350000896878-25-000035
Income statement
Service revenue16,400,000,00013,861,000,00012,317,000,000
Product and other revenue2,431,000,0002,424,000,0002,051,000,000
Total net revenue18,831,000,00016,285,000,00014,368,000,000
Cost of service revenue3,624,000,0003,250,000,0002,908,000,000
Cost of product and other revenue68,000,00069,000,00072,000,000
Amortization of acquired technology156,000,000146,000,000163,000,000
Selling and marketing5,035,000,0004,312,000,0003,762,000,000
Research and development2,928,000,0002,754,000,0002,539,000,000
General and administrative1,601,000,0001,418,000,0001,300,000,000
Amortization of other acquired intangible assets481,000,000483,000,000483,000,000
Restructuring15,000,000223,000,0000
Total costs and expenses13,908,000,00012,655,000,00011,227,000,000
Operating income4,923,000,0003,630,000,0003,141,000,000
Interest expense-247,000,000-242,000,000-248,000,000
Interest and other income net158,000,000162,000,00096,000,000
Income before income taxes4,834,000,0003,550,000,0002,989,000,000
Income tax provision965,000,000587,000,000605,000,000
Net income3,869,000,0002,963,000,0002,384,000,000
Basic EPS13.8210.588.49
Basic shares280,000,000280,000,000281,000,000
Diluted EPS13.6710.438.42
Diluted shares283,000,000284,000,000283,000,000
Total cost of revenue3,848,000,0003,465,000,0003,143,000,000
Gross profit14,983,000,00012,820,000,00011,225,000,000
Balance sheet
Cash and cash equivalents2,884,000,0003,609,000,000
Short term investments1,668,000,000465,000,000
Total current assets14,107,000,0009,678,000,000
Long term investments94,000,000131,000,000
Property and equipment net961,000,0001,009,000,000
Goodwill13,980,000,00013,844,000,000
Acquired intangible assets net5,302,000,0005,820,000,000
Total assets36,958,000,00032,132,000,000
Short term debt0499,000,000
Deferred revenue1,019,000,000872,000,000
Total current liabilities10,370,000,0007,491,000,000
Long term debt5,973,000,0005,539,000,000
Total liabilities17,248,000,00013,696,000,000
Total stockholders equity19,710,000,00018,436,000,000
Total debt5,973,000,0006,038,000,000
Shares outstanding279,129,000280,268,000
Cash flow
Net cash provided by operating activities6,207,000,0004,884,000,0005,046,000,000
Depreciation172,000,000159,000,000160,000,000
Amortization of acquired intangible assets637,000,000630,000,000646,000,000
Share based compensation expense1,968,000,0001,940,000,0001,712,000,000
Purchases of property and equipment-84,000,000-191,000,000-210,000,000
Capitalization of internal use software-40,000,000-59,000,000-50,000,000
Net cash used in investing activities-2,318,000,000-227,000,000-922,000,000
Cash paid for purchases of treasury stock-2,772,000,000-1,988,000,000-1,967,000,000
Dividends and dividend rights paid-1,189,000,000-1,034,000,000-889,000,000
Net cash used in financing activities-1,510,000,000-397,000,000-4,269,000,000
Capex-124,000,000-250,000,000-260,000,000
Free cash flow6,083,000,0004,634,000,0004,786,000,000
Segment results
Net revenue
Global business solutions11,077,000,0009,533,000,0008,038,000,000
Consumer4,870,000,0004,445,000,0004,135,000,000
Credit karma2,263,000,0001,708,000,0001,634,000,000
Protax621,000,000599,000,000561,000,000
Operating income
Global business solutions8,467,000,0007,157,000,0005,900,000,000
Consumer3,786,000,0003,493,000,0003,350,000,000
Credit karma835,000,000414,000,000428,000,000
Protax533,000,000520,000,000489,000,000
Total segment operating income13,621,000,00011,584,000,00010,167,000,000

INTU quarterly income statement, balance sheet and cash flow

Q3 FY2026Q3 FY2025
Fiscal year20262025
LabelQ3 FY2026Q3 FY2025
Period start2026-02-012025-02-01
Period end2026-04-302025-04-30
Period typethree monthsthree months
Source accession0000896878-26-0000250000896878-26-000025
Income statement
Service revenue7,759,000,0006,971,000,000
Product and other revenue799,000,000783,000,000
Total net revenue8,558,000,0007,754,000,000
Cost of service revenue1,317,000,0001,138,000,000
Cost of product and other revenue14,000,00018,000,000
Amortization of acquired technology43,000,00038,000,000
Selling and marketing1,793,000,0001,618,000,000
Research and development840,000,000707,000,000
General and administrative409,000,000394,000,000
Amortization of other acquired intangible assets122,000,000120,000,000
Restructuring01,000,000
Total costs and expenses4,538,000,0004,034,000,000
Operating income4,020,000,0003,720,000,000
Interest expense-70,000,000-68,000,000
Interest and other income net97,000,00032,000,000
Income before income taxes4,047,000,0003,684,000,000
Income tax provision983,000,000864,000,000
Net income3,064,000,0002,820,000,000
Basic EPS11.110.09
Basic shares276,000,000280,000,000
Diluted EPS11.0910.02
Diluted shares276,000,000282,000,000
Total cost of revenue1,374,000,0001,194,000,000
Gross profit7,184,000,0006,560,000,000
Balance sheet
Cash and cash equivalents4,681,000,000
Short term investments2,099,000,000
Total current assets17,837,000,000
Long term investments176,000,000
Property and equipment net996,000,000
Goodwill13,982,000,000
Acquired intangible assets net4,807,000,000
Total assets39,330,000,000
Short term debt750,000,000
Deferred revenue1,055,000,000
Total current liabilities12,276,000,000
Long term debt5,412,000,000
Total liabilities18,701,000,000
Total stockholders equity20,629,000,000
Total debt6,162,000,000
Shares outstanding274,268,000
Segment results
Net revenue
Global business solutions3,285,000,0002,849,000,000
Consumer5,273,000,0004,905,000,000
Operating income
Global business solutions2,520,000,0002,189,000,000
Consumer4,263,000,0004,040,000,000
Total segment operating income6,783,000,0006,229,000,000

INTU year-to-date income statement and cash flow

Nine months ended April 30, 2026
LabelNine months ended April 30, 2026
Period start2025-08-01
Period end2026-04-30
Period typenine months
Source accession0000896878-26-000025
Income statement
Service revenue15,128,000,000
Product and other revenue1,966,000,000
Total net revenue17,094,000,000
Cost of service revenue3,122,000,000
Cost of product and other revenue47,000,000
Amortization of acquired technology131,000,000
Selling and marketing4,270,000,000
Research and development2,519,000,000
General and administrative1,232,000,000
Amortization of other acquired intangible assets364,000,000
Restructuring0
Total costs and expenses11,685,000,000
Operating income5,409,000,000
Interest expense-186,000,000
Interest and other income net254,000,000
Income before income taxes5,477,000,000
Income tax provision1,274,000,000
Net income4,203,000,000
Basic EPS15.13
Basic shares278,000,000
Diluted EPS15.05
Diluted shares279,000,000
Total cost of revenue3,300,000,000
Gross profit13,794,000,000
Cash flow
Net cash provided by operating activities7,507,000,000
Depreciation133,000,000
Amortization of acquired intangible assets495,000,000
Share based compensation expense1,549,000,000
Purchases of property and equipment-148,000,000
Net cash used in investing activities-1,100,000,000
Cash paid for purchases of treasury stock-3,341,000,000
Dividends and dividend rights paid-1,015,000,000
Net cash used in financing activities-3,983,000,000
Capex-148,000,000
Free cash flow7,359,000,000
Segment results
Net revenue
Global business solutions9,440,000,000
Consumer7,654,000,000
Operating income
Global business solutions7,257,000,000
Consumer5,745,000,000
Total segment operating income13,002,000,000
Prior year comparative
LabelNine months ended April 30, 2025
Period start2024-08-01
Period end2025-04-30
Period typenine months
Source accession0000896878-26-000025
Income statement
Service revenue13,109,000,000
Product and other revenue1,891,000,000
Total net revenue15,000,000,000
Cost of service revenue2,790,000,000
Cost of product and other revenue52,000,000
Amortization of acquired technology112,000,000
Selling and marketing3,784,000,000
Research and development2,127,000,000
General and administrative1,177,000,000
Amortization of other acquired intangible assets360,000,000
Restructuring14,000,000
Total costs and expenses10,416,000,000
Operating income4,584,000,000
Interest expense-188,000,000
Interest and other income net72,000,000
Income before income taxes4,468,000,000
Income tax provision980,000,000
Net income3,488,000,000
Basic EPS12.45
Basic shares280,000,000
Diluted EPS12.33
Diluted shares283,000,000
Total cost of revenue2,954,000,000
Gross profit12,046,000,000
Cash flow
Net cash provided by operating activities5,826,000,000
Depreciation129,000,000
Amortization of acquired intangible assets472,000,000
Share based compensation expense1,478,000,000
Purchases of property and equipment-99,000,000
Net cash used in investing activities-1,093,000,000
Cash paid for purchases of treasury stock-2,026,000,000
Dividends and dividend rights paid-888,000,000
Net cash used in financing activities-1,652,000,000
Capex-99,000,000
Free cash flow5,727,000,000
Segment results
Net revenue
Global business solutions8,064,000,000
Consumer6,936,000,000
Operating income
Global business solutions6,243,000,000
Consumer5,263,000,000
Total segment operating income11,506,000,000

INTU trailing twelve month income statement and cash flow

Twelve months ended April 30, 2026
LabelTwelve months ended April 30, 2026
Period start2025-05-01
Period end2026-04-30
Period typetrailing twelve months
Source accession0000896878-25-000035; 0000896878-26-000025
Income statement
Service revenue18,419,000,000
Product and other revenue2,506,000,000
Total net revenue20,925,000,000
Cost of service revenue3,956,000,000
Cost of product and other revenue63,000,000
Amortization of acquired technology175,000,000
Selling and marketing5,521,000,000
Research and development3,320,000,000
General and administrative1,656,000,000
Amortization of other acquired intangible assets485,000,000
Restructuring1,000,000
Total costs and expenses15,177,000,000
Operating income5,748,000,000
Interest expense-245,000,000
Interest and other income net340,000,000
Income before income taxes5,843,000,000
Income tax provision1,259,000,000
Net income4,584,000,000
Basic EPS16.5
Basic shares278,000,000
Diluted EPS16.39
Diluted shares279,000,000
Total cost of revenue4,194,000,000
Gross profit16,731,000,000
Cash flow
Net cash provided by operating activities7,888,000,000
Depreciation176,000,000
Amortization of acquired intangible assets660,000,000
Share based compensation expense2,039,000,000
Net cash used in investing activities-2,325,000,000
Cash paid for purchases of treasury stock-4,087,000,000
Dividends and dividend rights paid-1,316,000,000
Net cash used in financing activities-3,841,000,000
Capex-173,000,000
Free cash flow7,715,000,000

Adjustments

Value
Splits appliednone
ADR ration/a
FXnone - Intuit reports in U.S. dollars
NoteIntuit has had no stock split in the period these filings cover and is not an ADR, so no per-share adjustment was applied.

Notes

  • Intuit's fiscal year ends July 31. Fiscal 2025, 2024 and 2023 come from the FY2025 Form 10-K (accession 0000896878-25-000035), filed September 3, 2025 for the year ended July 31, 2025. The quarter ended April 30, 2026, the year-ago quarter, both nine-month periods and the April 30, 2026 balance sheet come from the Q3 FY2026 Form 10-Q (accession 0000896878-26-000025), filed May 20, 2026.
  • This record holds only the periods those two filings present. Intuit's fiscal 2026 ended July 31, 2026, but its fiscal 2026 Form 10-K had not been filed, so no fiscal 2026 annual figures are reported here.
  • Intuit's statements of operations do not present a gross profit subtotal. Cost of revenue here is the sum of the three cost-of-revenue lines the statement prints - cost of service revenue, cost of product and other revenue, and amortization of acquired technology - and gross profit is total net revenue less that sum.
  • Capital expenditure: the 10-K prints purchases of property and equipment and capitalization of internal use software on separate lines, and capex here is their sum ($124 million in fiscal 2025, $250 million in fiscal 2024, $260 million in fiscal 2023). The 10-Q prints a single purchases of property and equipment line ($148 million for the nine months ended April 30, 2026 and $99 million for the nine months ended April 30, 2025) with no separate software line; because the nine-month figure exceeds the property and equipment amount the 10-K states for the whole of fiscal 2025, it is read as the combined amount. Free cash flow is operating cash flow less capex.
  • Cash flow lines are carried with the sign the filings print, so outflows - capex, dividends paid, share repurchases, investing and financing totals - are negative.
  • Coverage gaps that follow from what the filings print: the 10-K presents balance sheets at July 31, 2025 and July 31, 2024 only, so fiscal 2023 carries an income statement and a cash flow statement but no balance sheet; the 10-Q presents no balance sheet at April 30, 2025, so the year-ago quarter carries an income statement and segment results only; and the 10-Q's cash flow statement is presented for the nine-month periods only, so neither quarter carries a cash flow block.
  • The trailing-twelve-month view covers May 1, 2025 through April 30, 2026 and is derived as fiscal 2025 plus the nine months ended April 30, 2026 less the nine months ended April 30, 2025. Its per-share amounts and weighted-average share counts are combined the same way and are therefore close approximations of a true twelve-month weighted average rather than figures any filing states.
  • Segments: through fiscal 2025 Intuit reported four segments - Global Business Solutions, Consumer, Credit Karma and ProTax. Effective August 1, 2025 it combined Consumer, Credit Karma and ProTax into a single Consumer segment, so the fiscal 2026 periods show two segments and the 10-Q recasts the year-ago quarter and nine months onto that basis. The fiscal 2023-2025 segment figures here are the four-segment figures the 10-K presents and are not directly comparable with the fiscal 2026 columns. Intuit separately filed recast fiscal 2023-2025 segment information on the two-segment basis in a Form 8-K dated November 20, 2025 (accession 0000896878-25-000050); that filing changed segment presentation only and did not amend the audited consolidated statements in the 10-K.
  • Segment operating income is stated before unallocated corporate items - share-based compensation, other corporate expenses, and amortization of acquired technology and other acquired intangible assets - so the segment figures do not sum to consolidated operating income.
  • Intuit's business is highly seasonal: consumer tax revenue is concentrated in the quarters ending January 31 and April 30, which makes the April quarter by far its largest and makes sequential quarter-to-quarter comparisons uninformative.
  • Total debt is short-term debt plus long-term debt as the balance sheet presents them. Shares outstanding are the period-end counts from the balance sheet and the statements of stockholders' equity (stated there in thousands and converted here to whole shares).
  • In May 2026 Intuit approved a plan to simplify its organizational structure and estimated approximately $300 million to $340 million of restructuring charges, primarily in the fourth quarter ending July 31, 2026; no charge for that plan is in the periods reported here.

Uncertainties

  • The 10-Q's single 'purchases of property and equipment' line is read as including capitalized internal use software, which the 10-K reports separately. This is the only consistent reading - the nine-month figure of $99 million for fiscal 2025 exceeds the $84 million the 10-K states for the full year - but the filings do not say so explicitly, and it affects nine-month and trailing-twelve-month capex and free cash flow.
  • Trailing-twelve-month earnings per share ($16.39 diluted) and share counts are combinations of the reported fiscal-year and nine-month columns rather than figures Intuit states; a true twelve-month weighted average would differ slightly.
  • No cash flow figures are reported for either three-month period, and no balance sheet is reported at April 30, 2025 or at July 31, 2023, because the filings covered here do not present them.
  • Fiscal 2026 results were announced after the Q3 FY2026 10-Q but before the fiscal 2026 Form 10-K was filed; nothing from that announcement is included here, so this record stops at the periods the 10-K and 10-Q present.

Company details

Value
NameIntuit Inc.
TickerINTU
CIK0000896878
ExchangeNasdaq
StateCalifornia
IncorporationDelaware
SIC7372
OfficeTechnology
IndustryServices-Prepackaged Software

Fiscal period

FY2026
Fiscal year2026
Fiscal periodQ3
TagFY26Q3
Period end2026-04-30
Form10-Q
Accession0000896878-26-000025
Fiscal year end0731
Sourcefacts

Source filings

RoleCurrentFormFiscal yearFiscal periodTagPeriod endFiledAccessionUrlSource
annualno10-K2025FYFY252025-07-312025-09-030000896878-25-000035https://www.sec.gov/Archives/edgar/data/896878/000089687825000035/0000896878-25-000035-index.htmreported
quarterlyyes10-Q2026Q3FY26Q32026-04-302026-05-200000896878-26-000025https://www.sec.gov/Archives/edgar/data/896878/000089687826000025/0000896878-26-000025-index.htmfacts

FAQ · Intuit financial statements

How much revenue did Intuit report in Q3 FY2026?

Intuit reported $8.56 billion in net revenue for Q3 FY2026, the quarter ended April 30, 2026. That is up 10.4% from $7.75 billion in the same quarter a year earlier.

What were Intuit's net income and earnings per share in Q3 FY2026?

Intuit reported net income of $3.06 billion for Q3 FY2026, up 8.7% from $2.82 billion a year earlier, and diluted earnings per share of $11.09 against $10.02 in the same quarter of the prior year.

How did Intuit's Consumer and Global Business Solutions segments perform in Q3 FY2026?

Intuit's Consumer segment, which sells TurboTax, Credit Karma and ProTax, reported $5.27 billion of net revenue in Q3 FY2026, up 7.5% from a year earlier, and the Global Business Solutions segment behind QuickBooks and Mailchimp reported $3.29 billion, up 15.3%. The quarter ended April 30, 2026 falls at the peak of Intuit's tax season, when Consumer revenue is concentrated, so Consumer is the larger segment in this particular quarter.

How profitable was Intuit in Q3 FY2026?

Intuit reported operating income of $4.02 billion for Q3 FY2026, up 8.1% from $3.72 billion a year earlier, on net revenue of $8.56 billion. Operating income grew more slowly than revenue in the quarter as outside services and hosting, staffing, marketing and share-based compensation costs rose.

Where can I get Intuit Inc. (INTU) financial data in machine-readable form?

Ticker Scout publishes Intuit Inc.'s financial statements as JSON at https://tickerscout.ai/intu/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/intu/narrative.md and https://tickerscout.ai/intu/events.md. Intuit Inc.'s SEC CIK is 0000896878. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.

When does Intuit Inc. (INTU) next file with the SEC?

Intuit Inc. (INTU) is due to file its next Form 10-K with the SEC. The projected date, September 2, 2026, has passed, which means the filing is due or overdue rather than already reported here. That date is a projection rather than a company-announced date: it is derived from Intuit Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q3 FY2026, the period ended 2026-04-30, SEC accession 0000896878-26-000025.

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How this page was built

This page was built from three of Intuit Inc.'s own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names four such gaps.

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