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, USMap
Websiteintuit.com
Employee Ratings4.4More
Overall CultureAMore
View Jobs (450)

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2019)9,400(+6%)
Job Openings450
Revenue (FY, 2020)$7.7 B(+14%)
Share Price (Apr 2021)$395.2 (+4%)
Cybersecurity ratingCMore

Key People/Management at Intuit

Sasan Goodarzi

Sasan Goodarzi

Chief Executive Officer and Director
Anshuman Kumar

Anshuman Kumar

Director, Global Brand & Communications
Scott Cook

Scott Cook

Founder and Chairman of the Executive Committee
Nhung Ho

Nhung Ho

Director of Data Science
Sheldon Cummings

Sheldon Cummings

Chief Diversity, Equity and Inclusion Officer
Laura Fennell

Laura Fennell

Executive Vice President, Chief People & Places Officer
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Intuit Office Locations

Intuit has offices in Mountain View, Eagle, Fredericksburg, Los Angeles and in 15 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
Plano, TX, US
5601 Headquarters Dr
Reno, NV, US
6884 Sierra Center Pkwy
Show all (19)

Intuit Financials and Metrics

Intuit Revenue

Intuit's revenue was reported to be $7.68 b in FY, 2020
USD

Revenue (Q2, 2021)

495.0m

Market capitalization (1-Apr-2021)

108.2b

Closing stock price (1-Apr-2021)

395.2

Cash (31-Jan-2021)

2.0b

EV

109.0b
Intuit's current market capitalization is $108.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

5.2b6.0b6.8b7.7b

Revenue growth, %

10%15%14%

Cost of goods sold

809.0m977.0m1.2b

Gross profit

4.4b5.0b5.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021

Revenue

886.0m1.2b2.9b1.0b1.5b3.3b1.2b1.7b3.0b495.0m

Cost of goods sold

196.0m246.0m304.0m247.0m285.0m354.0m290.0m340.0m

Gross profit

690.0m919.0m2.6b769.0m1.2b2.9b875.0m1.4b

Gross profit Margin, %

78%79%90%76%81%89%75%80%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

529.0m1.5b2.1b6.4b

Accounts Receivable

103.0m98.0m87.0m149.0m

Prepaid Expenses

100.0m184.0m266.0m314.0m

Current Assets

1.4b2.4b3.6b8.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021

Cash

529.0m478.0m1.6b1.1b1.1b2.9b1.6b1.6b3.4b2.0b

Accounts Receivable

116.0m532.0m309.0m77.0m554.0m262.0m104.0m603.0m219.0m465.0m

Prepaid Expenses

142.0m189.0m179.0m269.0m253.0m255.0m304.0m308.0m277.0m312.0m

Current Assets

1.4b1.9b2.8b2.2b2.6b4.2b3.2b3.7b4.9b4.1b
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

971.0m1.2b1.6b1.8b

Depreciation and Amortization

214.0m228.0m199.0m224.0m

Accounts Payable

12.0m90.0m33.0m

Cash From Operating Activities

1.6b2.1b2.3b2.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021

Net Income

(17.0m)(38.0m)1.2b34.0m223.0m1.6b57.0m297.0m1.4b218.0m

Depreciation and Amortization

60.0m117.0m173.0m51.0m99.0m147.0m49.0m114.0m168.0m137.0m

Accounts Payable

61.0m176.0m160.0m24.0m210.0m205.0m(5.0m)175.0m111.0m87.0m

Cash From Operating Activities

(78.0m)174.0m2.1b(143.0m)198.0m2.4b(127.0m)190.0m2.1b324.0m
show all
USDFY, 2017

Revenue/Employee

631.3k

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

3 x
Show all financial metrics

Intuit Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Oct, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019

Desktop Payroll Customers

970 k949 k953 k943 k926 k926 k

Locations

20

Online Payroll Subscribers

474 k499 k509 k523 k540 k540 k

Subscribers, desktop

326 k332 k338 k347 k356 k356 k359 k365 k374 k385 k0389 k394 k406 k413 k413 k
Show all operating metrics

Intuit Acquisitions / Subsidiaries

Company NameDateDeal Size
Credit KarmaFebruary 23, 2020$7.10 b
ChronoBooksNovember 18, 2019
Origami LogicMay 28, 2019
ApplatixJanuary 29, 2018
TsheetsDecember 05, 2017$340 m
ExactorOctober 26, 2017
BankStreamOctober 10, 2016
XyLeo LabsAugust 01, 2016
Playbook HRMarch 24, 2015
ZeropaperJanuary 21, 2015
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Intuit Revenue Breakdown

Embed Graph

Intuit revenue breakdown by business segment: 7.0% from ProConnect, 40.9% from Consumer Tax and 52.1% from Small Business

Human Capital Metrics

Source: fortune.com
Embed Graph
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Intuit Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

Learn more about our premium products
SecurityScorecard logo

Intuit Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

Learn more about our premium products
CSRHub logo

Intuit Online and Social Media Presence

Intuit's Trends

Embed Graph

Intuit Company Culture

  • Overall Culture

    A

    79/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A+

    85/100

  • Diversity

    A-

    78/100

Learn more on Comparably

Intuit News and Updates

October 20, 2017
pinned

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…
April 01, 2021

Intuit updates QBO Accountant

March 30, 2021

Intuit Chief Enterprise Security Architect Bernard Diwakar Joins Identity Defined Security Alliance Customer Advisory Board

vArmour and Venafi also join alliance in mission to help organizations reduce risk through identity-centric security strategies vArmour and Venafi also join alliance in mission to help organizations reduce risk through identity-centric security strategies
March 10, 2021

Intuit adds e-signature capabilities to QBO Advanced

In a remote world, e-signature capabilities have become a must — not just for saving time, but for getting documents signed at all.
February 24, 2021

Stocks making the biggest moves in the premarket: Lowe's, GameStop, Square, Intuit & more

Names on the move ahead of the open.
February 24, 2021

Intuit sues Visa and Mastercard over 'price fixing'

Intuit has filed a federal lawsuit against Mastercard and Visa over 'unlawful' price fixing in interchange and card scheme fee structures.
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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, Anshuman Kumar and Scott Cook.

  • How many employees does Intuit have?

    Intuit has 9,400 employees.

  • What is Intuit revenue?

    Latest Intuit annual revenue is $7.7 b.

  • What is Intuit revenue per employee?

    Latest Intuit revenue per employee is $816.9 k.

  • Who are Intuit competitors?

    Competitors of Intuit include Equiniti, Sage Intacct and Nemetschek.

  • 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 15 other locations.

  • How many offices does Intuit have?

    Intuit has 19 offices.