Stock Analysis on Net
Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

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Common-Size Income Statement

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Intuit Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019
Service
Product and other
Net revenue
Cost of service revenue
Cost of product and other revenue
Amortization of acquired technology
Cost of revenue
Gross profit
Selling and marketing
Research and development
General and administrative
Amortization of other acquired intangible assets
Restructuring
Operating income
Interest expense
Interest and other income, net
Income before income taxes
Income tax provision
Net income

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Intuit Inc. operating income as a percentage of net revenue increased from 2022 to 2023 and from 2023 to 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Intuit Inc. income before income taxes as a percentage of net revenue increased from 2022 to 2023 and from 2023 to 2024.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Intuit Inc. net income as a percentage of net revenue increased from 2022 to 2023 and from 2023 to 2024.