INTUIT INC.

INTU 10-Q · Q2 2026

INTU Q2 2026 request

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Income Statement

Income Statement
Metric Q2 2026 Q2 2025 YoY
Revenue 8,536 3,963 +115.4%
Show Product Lines breakouts
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
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
Product and other 1,167 714 +63.4%
Service 7,369 3,249 +126.8%
Cost of Revenue (Q)
Show Product Lines breakouts
Product and other 33 20 +65.0%
Service 1,805 880 +105.1%
Total Costs & Expenses 7,147 3,370 +112.1%
Show Business Segments breakouts
Consumer · Operating Segments 899 497 +80.9%
Global Business Solutions · Operating Segments 1,418 619 +129.1%
Show Consolidation Items breakouts
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
Consumer · Operating Segments 1,482 795 +86.4%
Global Business Solutions · Operating Segments 4,737 2,052 +130.8%
Show Consolidation Items breakouts
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
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
Material Reconciling Items 3,436 1,595 +115.4%

Balance Sheet

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
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
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
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
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

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
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.

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