Stock Analysis on Net
Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Common-Size Income Statement 
Quarterly Data

Intuit Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018
Service 88.00 83.86 89.77 79.53 82.27 86.28 89.80 79.51 82.98 88.77 90.16 80.36 80.22 88.17 87.23 68.59 72.26 83.81 85.24 67.87 69.70 75.35 84.78 64.51 65.85
Product and other 12.00 16.14 10.23 20.47 17.73 13.72 10.20 20.49 17.02 11.23 9.84 19.64 19.78 11.83 12.77 31.41 27.74 16.19 14.76 32.13 30.30 24.65 15.22 35.49 34.15
Net revenue 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of service revenue -23.52 -23.02 -15.05 -23.51 -23.74 -24.19 -15.35 -23.28 -23.87 -22.49 -13.57 -18.82 -19.28 -16.95 -13.54 -21.00 -17.69 -16.63 -13.49 -18.28 -22.92 -26.06 -10.09 -16.91 -22.34
Cost of product and other revenue -0.43 -0.44 -0.25 -0.68 -0.50 -0.59 -0.28 -0.79 -0.58 -0.66 -0.32 -0.75 -0.75 -0.62 -0.38 -1.40 -1.13 -0.83 -0.53 -1.42 -1.46 -1.71 -0.58 -1.73 -1.48
Amortization of acquired technology -1.13 -1.13 -0.53 -1.06 -1.28 -1.51 -0.66 -1.35 -1.58 -1.70 -0.75 -1.57 -0.75 -0.59 -0.34 -0.89 -0.53 -0.28 -0.17 -0.35 -0.52 -0.50 -0.15 -0.33 -0.49
Cost of revenue -25.07% -24.59% -15.84% -25.25% -25.52% -26.29% -16.30% -25.42% -26.03% -24.86% -14.63% -21.14% -20.78% -18.16% -14.26% -23.29% -19.35% -17.73% -14.19% -20.05% -24.89% -28.27% -10.82% -18.97% -24.31%
Gross profit 74.93% 75.41% 84.16% 74.75% 74.48% 73.71% 83.70% 74.58% 73.97% 75.14% 85.37% 78.86% 79.22% 81.84% 85.74% 76.71% 80.65% 82.27% 85.81% 79.95% 75.11% 71.73% 89.18% 81.03% 75.69%
Selling and marketing -29.30 -34.67 -21.06 -30.12 -25.82 -30.97 -19.99 -30.38 -30.61 -33.43 -21.79 -35.24 -27.40 -32.99 -20.54 -36.80 -27.36 -23.35 -21.59 -34.96 -32.88 -38.33 -19.93 -36.48 -34.06
Research and development -21.44 -22.77 -9.96 -20.02 -22.83 -25.07 -10.04 -20.72 -24.07 -25.97 -10.65 -22.07 -26.41 -20.34 -11.12 -23.35 -24.57 -21.64 -11.06 -19.63 -28.67 -33.50 -9.50 -19.64 -28.94
General and administrative -12.00 -11.84 -5.27 -10.16 -11.48 -12.57 -5.52 -10.62 -11.71 -13.84 -8.26 -14.93 -13.05 -10.70 -6.93 -15.86 -12.77 -10.63 -6.03 -9.38 -12.53 -15.09 -5.20 -9.32 -13.48
Amortization of other acquired intangible assets -3.66 -3.86 -1.78 -3.54 -4.03 -4.46 -1.99 -3.98 -4.66 -5.01 -2.15 -4.53 -2.64 -2.11 -1.29 -2.28 -0.15 -0.06 -0.07 -0.06 -0.17 -0.20 -0.03 -0.07 -0.20
Restructuring -0.27 -7.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating income (loss) 8.25% -4.74% 46.09% 10.90% 10.31% 0.63% 46.16% 8.88% 2.93% -3.11% 42.52% 2.10% 9.72% 15.70% 45.87% -1.59% 15.80% 26.60% 47.07% 15.92% 0.86% -15.39% 54.52% 15.51% -0.98%
Interest expense -1.83 -1.88 -0.89 -1.68 -2.18 -2.51 -1.10 -2.14 -1.89 -1.33 -0.37 -0.79 -0.35 -0.27 -0.17 -0.44 -0.60 -0.39 -0.07 -0.18 -0.17 -0.30 -0.12 -0.27 -0.39
Interest and other income (loss), net 0.06 2.23 0.40 1.24 0.74 1.70 0.37 0.76 0.19 0.33 -0.02 -0.19 2.49 0.31 0.34 3.43 0.68 0.55 -0.10 0.88 1.20 1.91 0.52 0.40 0.00
Income (loss) before income taxes 6.49% -4.40% 45.60% 10.45% 8.87% -0.18% 45.43% 7.50% 1.23% -4.10% 42.13% 1.12% 11.86% 15.74% 46.03% 1.40% 15.87% 26.76% 46.90% 16.63% 1.89% -13.78% 54.92% 15.65% -1.38%
Income tax (provision) benefit -0.49 3.77 -10.14 -0.03 -0.77 3.47 -10.75 -1.97 0.31 1.78 -10.28 2.62 -0.50 -0.90 -10.95 -0.13 -0.91 -2.26 -10.79 -2.48 3.00 9.36 -12.81 -3.06 4.72
Net income 6.00% -0.63% 35.46% 10.43% 8.09% 3.28% 34.68% 5.52% 1.54% -2.32% 31.85% 3.74% 11.36% 14.84% 35.08% 1.27% 14.97% 24.50% 36.11% 14.15% 4.89% -4.43% 42.11% 12.58% 3.35%

Based on: 10-Q (reporting date: 2024-10-31), 10-K (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Intuit Inc. operating income (loss) as a percentage of net revenue decreased from Q3 2024 to Q4 2024 but then slightly increased from Q4 2024 to Q1 2025.
Income (loss) 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 (loss) before income taxes as a percentage of net revenue decreased from Q3 2024 to Q4 2024 but then slightly increased from Q4 2024 to Q1 2025.
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 decreased from Q3 2024 to Q4 2024 but then slightly increased from Q4 2024 to Q1 2025.