Intuit provides business and financial management solutions for small and mid-sized businesses, financial institutions, including banks and credit unions, consumers and accounting professionals. The Company's flagship products and services, including QuickBooks, Quicken, and TurboTax, simplify small business management and payroll processing, personal finance and tax preparation, and filing. ProSeries and Lacerte are Intuit's tax preparation offerings for professional accountants. Its financial institutions division provides on-demand banking services to help banks and credit unions serve businesses and consumers. 

Employee Rating

4.3More
TypePublic
HQMountain View, US
Founded1983
Size (employees)8,900 (est)+8%
Websiteintuit.com
Intuit was founded in 1983 and is headquartered in Mountain View, US
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Key People/Management at Intuit

Brad Smith

Brad Smith

CEO, Chairman
Michelle Clatterbuck

Michelle Clatterbuck

CFO
H. Tayloe Stansbury

H. Tayloe Stansbury

Chief Technology Officer
Sherry Whiteley

Sherry Whiteley

Chief People & Places Officer
Anton Hanebrink

Anton Hanebrink

Chief Corporate Strategy and Development Officer
Laura Fennell

Laura Fennell

General Counsel and Secretary
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Intuit Office Locations

Intuit has offices in Sydney, Hod Hasharon, Fredericksburg, Plano and in 16 other locations
Mountain View, US (HQ)
2700 Coast Ave.
Fredericksburg, US
110 Juliad Ct
Los Angeles, US
100 21215 Burbank Blvd
Menlo Park, US
180 Jefferson Drive
Plano, US
5601 Headquarters Dr
Reno, US
6884 Sierra Center Pkwy
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Intuit Financials and Metrics

Intuit Revenue

Intuit's revenue was reported to be $5.96 b in FY, 2018
USD

Revenue (FY, 2018)

6.0b

Gross profit (FY, 2018)

5.9b

Gross profit margin (FY, 2018), %

98.1%

Net income (FY, 2018)

1.2b

Market capitalization (14-Nov-2018)

54.2b

Closing stock price (14-Nov-2018)

209.4

Cash (31-Jul-2018)

1.5b

EV

53.1b
Intuit's current market capitalization is $54.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.5b4.2b4.7b5.2b6.0b

Revenue growth, %

8%(7%)12%10%

Cost of goods sold

112.0m

Gross profit

5.9b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

622.0m782.0m2.4b672.0m808.0m2.2b713.0m923.0m2.3b778.0m1.0b2.5b886.0m1.2b2.9b

Cost of goods sold

197.0m208.0m

Gross profit

611.0m2.0b

Gross profit Margin, %

76%91%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

849.0m808.0m638.0m529.0m1.5b

Accounts Receivable

134.0m91.0m108.0m103.0m

Prepaid Expenses

116.0m94.0m102.0m100.0m

Current Assets

2.6b2.6b1.6b1.4b2.4b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

417.0m625.0m1.6b542.0m482.0m1.2b474.0m334.0m1.3b360.0m392.0m1.4b529.0m478.0m1.6b

Accounts Receivable

137.0m435.0m277.0m140.0m459.0m210.0m124.0m512.0m214.0m121.0m521.0m245.0m116.0m532.0m309.0m

Prepaid Expenses

119.0m103.0m100.0m121.0m110.0m108.0m153.0m156.0m94.0m142.0m189.0m179.0m

Current Assets

2.0b2.5b3.4b2.4b2.6b2.9b1.4b1.5b2.3b1.3b1.7b2.3b1.4b1.9b2.8b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

907.0m365.0m979.0m971.0m1.2b

Depreciation and Amortization

144.0m157.0m195.0m214.0m228.0m

Accounts Payable

15.0m35.0m(23.0m)12.0m

Cash From Operating Activities

1.4b1.5b1.4b1.6b2.1b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(11.0m)(48.0m)936.0m(84.0m)(150.0m)351.0m(31.0m)(7.0m)1.0b(30.0m)(17.0m)947.0m(17.0m)(38.0m)1.2b

Depreciation and Amortization

39.0m75.0m110.0m36.0m111.0m170.0m45.0m94.0m145.0m49.0m101.0m156.0m60.0m117.0m173.0m

Accounts Payable

32.0m88.0m56.0m32.0m116.0m125.0m(6.0m)103.0m77.0m(2.0m)93.0m104.0m61.0m176.0m160.0m

Cash From Operating Activities

(190.0m)142.0m1.5b(118.0m)247.0m1.7b(197.0m)109.0m1.7b(205.0m)87.0m1.9b(78.0m)174.0m2.1b
USDY, 2018

EV/CFO

25.1 x

Revenue/Employee

718.6k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.2 x
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Intuit Operating Metrics

Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q2, 2018Q3, 2018

Canada TurboTax Units

300 k1.70 m200 k2.20 m200 k1.70 m300 k2.20 m400 k1.90 m200 k2.50 m400 k2.20 m

Desktop Active Payments Customers

145 k139 k132 k130 k130 k129 k124 k131 k128 k128 k129 k126 k129 k126 k126 k

Desktop Payroll Customers

1.03 m1.03 m1.02 m1.01 m1.01 m998 k1 m989 k970 k970 k949 k953 k943 k926 k926 k

Online Payments Charge Volume

$1.94 b$1.75 b$1.97 b$2.17 b$7.83 b$2.21 b$2.04 b$2.33 b$2.42 b$9.01 b$2.50 b$2.38 b$2.73 b$3.13 b$10.74 b
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Intuit Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TsheetsDecember 05, 2017$340 m
AisleBuyer
Apps.com
CBS Employer Services
Computing Resources
Dallas Innovative Merchant Solutions
Electronic Clearing House
EmployeeMatters Insurance Agency
FTP Holdings Ltd
GoodApril
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Intuit Revenue Breakdown

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Intuit revenue breakdown by business segment: 8.4% from ProConnect, 41.4% from Consumer Tax and 50.2% from Small Business

Human Capital Metrics

Source: fortune.com
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Intuit Online and Social Media Presence

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Intuit News and Updates

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…
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Intuit Company Life and Culture

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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 Brad Smith, Michelle Clatterbuck and H. Tayloe Stansbury.

  • How many employees does Intuit have?

    Intuit has 8,900 employees.

  • What is Intuit revenue?

    Latest Intuit annual revenue is $6 b.

  • What is Intuit revenue per employee?

    Latest Intuit revenue per employee is $670.1 k.

  • Who are Intuit competitors?

    Competitors of Intuit include Nemetschek, Gusto and TrackVia.

  • Where is Intuit headquarters?

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

  • Where are Intuit offices?

    Intuit has offices in Sydney, Hod Hasharon, Fredericksburg, Plano and in 16 other locations.

  • How many offices does Intuit have?

    Intuit has 20 offices.