INTUIT INC.
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INTU Q2 2026 request
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Income Statement
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Revenue | 8,536 | 3,963 | +115.4% |
Show Product Lines breakouts |
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| Credit Karma · Consumer | 1,267 | 500 | +153.4% |
| Desktop Services and Supplies · Global Business Solutions | 573 | 278 | +106.1% |
| Online Services · Global Business Solutions | 2,364 | 1,030 | +129.5% |
| ProTax · Consumer | 335 | 272 | +23.2% |
| QuickBooks Desktop Accounting · Global Business Solutions | 764 | 355 | +115.2% |
| QuickBooks Online Accounting · Global Business Solutions | 2,454 | 1,008 | +143.5% |
| Total Desktop Ecosystem · Global Business Solutions | 1,337 | 633 | +111.2% |
| Total Online Ecosystem · Global Business Solutions | 4,818 | 2,038 | +136.4% |
| TurboTax · Consumer | 779 | 520 | +49.8% |
Show Business Segments breakouts |
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| Consumer | 2,381 | 1,292 | +84.3% |
| Consumer · Operating Segments | 2,381 | 1,292 | +84.3% |
| Global Business Solutions | 6,155 | 2,671 | +130.4% |
| Global Business Solutions · Operating Segments | 6,155 | 2,671 | +130.4% |
| Revenue | 8,536 | 3,963 | +115.4% |
Show Product Lines breakouts |
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| Product and other | 1,167 | 714 | +63.4% |
| Service | 7,369 | 3,249 | +126.8% |
| Cost of Revenue (Q) | — | — | — |
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| Product and other | 33 | 20 | +65.0% |
| Service | 1,805 | 880 | +105.1% |
| Total Costs & Expenses | 7,147 | 3,370 | +112.1% |
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| Consumer · Operating Segments | 899 | 497 | +80.9% |
| Global Business Solutions · Operating Segments | 1,418 | 619 | +129.1% |
Show Consolidation Items breakouts |
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| Operating Segments | 2,317 | 1,116 | +107.6% |
| Research & Development | 1,679 | 716 | +134.5% |
| Sales & Marketing | 2,477 | 1,204 | +105.7% |
| General & Administrative | 823 | 389 | +111.6% |
| Operating Income | 1,389 | 593 | +134.2% |
Show Business Segments breakouts |
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| Consumer · Operating Segments | 1,482 | 795 | +86.4% |
| Global Business Solutions · Operating Segments | 4,737 | 2,052 | +130.8% |
Show Consolidation Items breakouts |
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| Operating Segments | 6,219 | 2,847 | +118.4% |
| Other Non-Operating Income (Expense) | 157 | 38 | +313.2% |
| Income Before Taxes | 1,430 | 571 | +150.4% |
| Income Tax Expense (Benefit) | 291 | 100 | +191.0% |
| Net Income | 1,139 | 471 | +141.8% |
| Comprehensive Income | 1,140 | 461 | +147.3% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 1 | -10 | +110.0% |
| Retained Earnings | 1,139 | 471 | +141.8% |
| EPS (Basic) | 4.09 | 1.68 | +143.5% |
| EPS (Diluted) | 4.06 | 1.67 | +143.1% |
| Wtd Avg Shares (Basic) | 279 | 280 | -0.4% |
| Wtd Avg Shares (Diluted) | 281 | 283 | -0.7% |
| Other Expenses (Q) | — | — | — |
Show Consolidation Items breakouts |
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| Material Reconciling Items | 3,436 | 1,595 | +115.4% |
Balance Sheet
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 2,942 | 2,435,000,000 | -100.0% |
| Prepaid Expenses & Other Current Assets | 1,239 | 845,000,000 | -100.0% |
| Total Current Assets | 11,703 | 9,135,000,000 | -100.0% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 974 | 992,000,000 | -100.0% |
| Operating Lease Right-of-Use Assets | 593 | 518,000,000 | -100.0% |
| Goodwill | 13,983 | 13,841,000,000 | -100.0% |
Show Business Segments breakouts |
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| Consumer | 4,156 | — | — |
| Global Business Solutions | 9,827 | — | — |
| Intangible Assets | 4,971 | 5,505,000,000 | -100.0% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer and User Relationships | 3,949 | 4,376,000,000 | -100.0% |
| Purchased Technology | 615 | 669,000,000 | -100.0% |
| Trademarks And Trade Names | 407 | 460,000,000 | -100.0% |
| Deferred Tax Assets | 1,106 | 934,000,000 | -100.0% |
| Other Non-Current Assets | 825 | 669,000,000 | -100.0% |
| Total Assets | 34,282 | 31,682,000,000 | -100.0% |
| Long Term Investments | 127 | 88,000,000 | -100.0% |
| Current Liabilities | |||
| Accounts Payable | 946 | 1,038,000,000 | -100.0% |
| Deferred Revenue (Current) | 1,141 | 1,025,000,000 | -100.0% |
| Current Portion of Long-Term Debt | 749 | 500,000,000 | -100.0% |
| Total Current Liabilities | 8,844 | 7,179,000,000 | -100.0% |
| Non-Current Liabilities | |||
| Long-Term Debt | 6,160 | 6,260,000,000 | -100.0% |
Show Debt Instrument breakouts |
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| Senior unsecured notes | 5 | 5,500,000,000 | -100.0% |
| The 2023 Senior Unsecured Notes · Senior Unsecured Notes | 4 | 4,000,000,000 | -100.0% |
| The Senior Unsecured Notes · Senior Unsecured Notes | 1 | 1,500,000,000 | -100.0% |
| Long-Term Debt | 5,411 | 5,760,000,000 | -100.0% |
| Operating Lease Liabilities | 646 | 573,000,000 | -100.0% |
| Other Non-Current Liabilities | 326 | 221,000,000 | -100.0% |
| Total Liabilities | 15,227 | 13,733,000,000 | -100.0% |
| Accrued Income Taxes Noncurrent | 259 | 159,000,000 | -100.0% |
| Contract With Customer Liability Noncurrent | 2 | 3,000,000 | -100.0% |
| Stockholders' Equity | |||
| Retained Earnings | 20,123 | 17,059,000,000 | -100.0% |
| Accumulated Other Comprehensive Income | -49 | -64,000,000 | +100.0% |
| Total Stockholders' Equity | 19,055 | 17,949,000,000 | -100.0% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | -49 | -64,000,000 | +100.0% |
| Common Stock and Additional Paid In Capital [Member] | 22,336 | 20,995,000,000 | -100.0% |
| Retained Earnings | 20,123 | 17,059,000,000 | -100.0% |
| Treasury Stock Common | -23,355 | -20,041,000,000 | +100.0% |
| Total Liabilities & Equity | 34,282 | 31,682,000,000 | -100.0% |
Cash Flow Statement
| Metric | YTD Q2 2026 | YTD Q2 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Stock-Based Compensation | 1,064 | 498 | +113.7% |
Show Income Statement Location breakouts |
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| Cost Of Sales | 191 | 110 | +73.6% |
| General And Administrative Expense | 204 | 91 | +124.2% |
| Research And Development Expense | 363 | 161 | +125.5% |
| Selling And Marketing Expense | 306 | 136 | +125.0% |
| Deferred Income Taxes | 137 | — | — |
| Other Non-Cash Items | 82 | — | — |
| Change in Accounts Receivable | 645 | — | — |
| Change in Prepaid & Other Assets | 204 | — | — |
| Net Cash from Operations | 2,207 | — | — |
| Investing Activities | |||
| Capital Expenditures | 84 | — | — |
| Purchases of Investments | 115 | — | — |
| Other Investing Activities | 585 | — | — |
| Net Cash from Investing | 498 | — | — |
| Financing Activities | |||
| Share Repurchases | 1,787 | — | — |
| Tax Withholding for Share Compensation | 454 | — | — |
| Net Cash from Financing | -5,409 | — | — |
| Other Cash Flow | |||
| Net Change in Cash | -2,698 | — | — |
Values in millions USD. Source: SEC EDGAR 10-Q filing.