Intuit

OverviewSuggest Edit

Intuit is a technology company that develops business and financial management solutions. It offers TurboTax, QuickBooks, Turbo, and Mint, which are used for business management and payroll processing, personal finance and tax preparation, as well as filing. The company also offers ProSeries and Lacerte, products for tax preparation developed for professional accountants. Intuit serves small and mid-sized businesses, financial institutions, including banks and credit unions, consumers, and accounting professionals.
TypePublic
Founded1983
HQMountain View, CA, US
Websiteintuit.com
Employee Ratings4.5
Overall CultureA

Latest Updates

Employees (est.) (Jul 2021)13,500(+28%)
Job Openings520
Revenue (FY, 2021)$9.6 B(+26%)
Share Price (Aug 2022)$466.3
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Intuit

Sasan Goodarzi

Sasan Goodarzi

Chief Executive Officer of Intuit
Scott Cook

Scott Cook

Founder and Chairman of the Executive Committee
Lara Balazs

Lara Balazs

Executive Vice President, Chief Marketing Officer, and General Manager of Strategic Partner Group
Marianna Tessel

Marianna Tessel

Executive Vice President, Chief Technology Officer
Alex Chriss

Alex Chriss

Executive Vice President and General Manager, Small Business and Self Employed Group
Michelle Clatterbuck

Michelle Clatterbuck

Executive Vice President, Chief Financial Officer
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Intuit Office Locations

Intuit has offices in Mountain View, Eagle, Fredericksburg, Los Angeles and in 16 other locations
Mountain View, CA, US (HQ)
2700 Coast Ave
Eagle, ID, US
235 E Colchester Dr #101eagle
Fredericksburg, VA, US
110 Juliad Ct
Los Angeles, CA, US
21650 W Oxnard St #2200, Woodland Hills
New York, NY, US
57 E 11th St # 6A
Plano, TX, US
5601 Headquarters Dr
Show all (20)

Intuit Financials and Metrics

Intuit Revenue

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View revenue for all periods
Intuit's revenue was reported to be $9.63 b in FY, 2021 which is a 25.4% increase from the previous period.
USD

Revenue (Q3, 2022)

5.6b

Gross profit (Q3, 2022)

4.8b

Gross profit margin (Q3, 2022), %

85.4%

Net income (Q3, 2022)

1.8b

EBIT (Q3, 2022)

2.4b

Market capitalization (4-Aug-2022)

127.6b

Closing stock price (4-Aug-2022)

466.3

Cash (30-Apr-2022)

3.5b

EV

131.4b
Intuit's current market capitalization is $127.6 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

6.8b7.7b9.6b

Revenue growth, %

14%13%25%

Cost of goods sold

1.2b1.4b1.7b

Gross profit

5.6b6.3b8.0b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

1.2b1.7b3.0b1.3b1.6b4.2b2.0b2.7b5.6b

Cost of goods sold

290.0m340.0m426.0m256.0m367.0m595.0m417.0m565.0m824.0m

Gross profit

875.0m1.4b2.6b1.1b1.2b3.6b1.6b2.1b4.8b

Gross profit Margin, %

75%80%86%81%77%86%79%79%85%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

2.1b6.4b2.7b

Accounts Receivable

87.0m149.0m391.0m

Prepaid Expenses

266.0m314.0m316.0m

Current Assets

3.6b8.0b5.2b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

1.6b1.6b3.4b5.2b2.0b3.2b3.0b1.3b3.5b

Accounts Receivable

104.0m603.0m219.0m99.0m465.0m554.0m411.0m889.0m738.0m

Prepaid Expenses

304.0m308.0m277.0m246.0m312.0m305.0m409.0m571.0m671.0m

Current Assets

3.2b3.7b4.9b6.7b4.1b5.3b4.5b3.1b5.3b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

1.6b1.8b2.1b

Depreciation and Amortization

199.0m218.0m363.0m

Accounts Payable

90.0m33.0m206.0m

Cash From Operating Activities

2.3b2.4b3.3b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

57.0m297.0m1.4b198.0m218.0m1.7b228.0m328.0m2.1b

Depreciation and Amortization

49.0m114.0m168.0m46.0m137.0m250.0m114.0m329.0m538.0m

Accounts Payable

(5.0m)175.0m111.0m(58.0m)87.0m194.0m(107.0m)84.0m86.0m

Cash From Operating Activities

(127.0m)190.0m2.1b45.0m324.0m2.7b145.0m230.0m3.6b
USDFY, 2019

EV/EBIT

38 x

EV/CFO

30.3 x

Revenue/Employee

721.7k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x

P/E Ratio

47.1
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Intuit Operating Metrics

Intuit's Customers was reported to be 100 m in FY, 2021. Intuit's Monthly Active Users was reported to be 2.4 m in Jan, 2022.
FY, 2019FY, 2021Sep, 2022Jan, 2022

Customers

100 m

Monthly Active Users

2.4 m2.4 m

Subscribers, desktop

413 k

Subscribers, online

4.54 m

Intuit Acquisitions / Subsidiaries

Company NameDateDeal Size
imVision TechnologiesDecember 21, 2021
The Rocket Science Group LLCNovember 01, 2021$12 b
TradegeckoAugust 03, 2020$80 m
Credit KarmaFebruary 24, 2020$7.1 b
ChronoBooksNovember 18, 2019
Origami LogicMay 28, 2019
ApplatixJanuary 29, 2018
TsheetsDecember 05, 2017$340 m
ExactorOctober 26, 2017
Playbook HRMarch 24, 2015
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Intuit Revenue Breakdown

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Intuit revenue breakdown by business segment: 48.7% from Small Business, 37.0% from Consumer Tax, 9.0% from Kredit Karma and 5.4% from ProConnect

Human Capital Metrics

Source: craft.co
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Intuit Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Intuit Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Intuit Online and Social Media Presence

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Intuit Company Culture

  • Overall Culture

    A

    78/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A+

    84/100

  • Diversity

    A+

    80/100

Learn more on Comparably

Intuit News and Updates

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How Intuit Reinvents Itself

Taped to the wall outside Intuit CEO Brad Smith’s office is his unedited performance review from the board of directors. Also a personality analysis, a compendium of feedback from his executive team, and a breakdown of how he spends his time. Most of it is laudatory; some isn’t. “A normalized pace w…

Bragar Eagel & Squire, P.C. Is Investigating Intuit, Rollins, Avaya, and RBC and Encourages Investors to Contact the Firm

NEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Intuit, Inc. (NASDAQ: INTU), Rollins, Inc. (NYSE: ROL), Avaya Holdings Corp. (NYSE: AVYA), and RBC Bearings Incorporated (NASD…

Bragar Eagel & Squire, P.C. Is Investigating Intuit, Kohl’s, F45, and Argo and Encourages Investors to Contact the Firm

NEW YORK, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Intuit, Inc. (NASDAQ: INTU), Kohl’s Corporation (NYSE: KSS), F45 Training Holdings, Inc. (NYSE: FXLV), and Argo Group Internat…

Pax8 and Intuit Join Forces to Offer QuickBooks Online to MSPs

DENVER, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Pax8, the leading cloud commerce marketplace, and Intuit, the global technology financial platform, today announced access of QuickBooks Online to managed service providers (MSPs) through the Pax8 cloud marketplace. MSPs in North America now have access to…
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Intuit Frequently Asked Questions

  • When was Intuit founded?

    Intuit was founded in 1983.

  • Who are Intuit key executives?

    Intuit's key executives are Sasan Goodarzi, Scott Cook and Lara Balazs.

  • How many employees does Intuit have?

    Intuit has 13,500 employees.

  • What is Intuit revenue?

    Latest Intuit annual revenue is $9.6 b.

  • What is Intuit revenue per employee?

    Latest Intuit revenue per employee is $713.6 k.

  • Who are Intuit competitors?

    Competitors of Intuit include Thomson Reuters, Zoho and Equiniti.

  • Where is Intuit headquarters?

    Intuit headquarters is located at 2700 Coast Ave, Mountain View.

  • Where are Intuit offices?

    Intuit has offices in Mountain View, Eagle, Fredericksburg, Los Angeles and in 16 other locations.

  • How many offices does Intuit have?

    Intuit has 20 offices.