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. 
Company Growth (employees)
Type
Public
HQ
Mountain View, US
Founded
1983
Size (employees)
9,846 (est)+21%
Website
intuit.com
Intuit was founded in 1983 and is headquartered in Mountain View, US

Key People/Management at Intuit

Brad Smith

Brad Smith

President and Chief Executive Officer
Scott Cook

Scott Cook

Founder and Chairman of the Executive Committee
Rob Lanesey

Rob Lanesey

Senior Vice President, Corporate Communications Chief Communications Officer
Sherry Whiteley

Sherry Whiteley

Executive Vice President, Chief People Officer
Jennifer Hall

Jennifer Hall

Senior Vice President, Chief Customer Care Officer
Anton Hanebrink

Anton Hanebrink

Senior Vice President, Chief Corporate Strategy and Development Officer
Tayloe Stansbury

Tayloe Stansbury

Executive Vice President, Chief Technology Officer
Lucas Watson

Lucas Watson

Executive Vice President, Chief Marketing and Sales Officer
Neil Williams

Neil Williams

Executive Vice President, Chief Financial Officer
Sasan Goodarzi

Sasan Goodarzi

Executive Vice President and General Manager, Small Business Group
Dan Wernikoff

Dan Wernikoff

Executive Vice President and General Manager, Consumer Tax Group
CeCe Morken

CeCe Morken

Executive Vice President and General Manager, ProConnect Group
Laura Fennell

Laura Fennell

Executive Vice President, General Counsel and Secretary
Al Ko

Al Ko

Senior Vice President and General Manager, Consumer Ecosystem Group

Intuit Office Locations

Intuit has offices in Mountain View, Tucson, San Francisco, Reno and in 17 other locations
São Paulo, BR
3729 Av. Brg. Faria Lima
Edmonton, CA
10423 - 101 Street, Suite 2200
Mississauga, CA
5100 Spectrum Way
Bangalore, IN
Campus 4A, PrITech Park (Ecospace) 7th and 8th Floor, Belandur Village Varthur Hobli , Bangalore East Taluk
London, GB
1 Cathedral Piazza, 1st and 2nd Floors
Washington, US
520 601 Pennsylvania Ave NW
Show all (28)

Intuit Financials and Metrics

Intuit Financials

Intuit's revenue was reported to be $5.2 b in FY, 2017
USD

Revenue (Q2, 2018)

2.1 b

Net income (Q2, 2018)

(38 m)

EBIT (Q2, 2018)

(37 m)

Market capitalization (23-Feb-2018)

44 b

Cash (31-Jan-2018)

478 m

EV

43.9 b
Intuit's current market capitalization is $44 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.5 b4.2 b4.7 b5.2 b

Revenue growth, %

8%(7%)12%10%

Cost of goods sold

642 m695 m730 m797 m

Gross profit

3.9 b3.5 b4 b4.4 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

672 m808 m2.2 b713 m923 m2.3 b778 m1 b2.5 b886 m2.1 b

Cost of goods sold

165 m197 m208 m160 m193 m211 m180 m203 m234 m194 m

Gross profit

507 m611 m2 b553 m730 m2.1 b598 m813 m2.3 b692 m

Gross profit Margin, %

75%76%91%78%79%91%77%80%91%78%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

849 m808 m638 m529 m

Accounts Receivable

134 m91 m108 m103 m

Prepaid Expenses

116 m94 m102 m100 m

Current Assets

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

Cash

542 m482 m1.2 b474 m334 m1.3 b360 m392 m1.4 b529 m478 m

Accounts Receivable

140 m459 m210 m124 m512 m214 m121 m521 m245 m116 m532 m

Prepaid Expenses

119 m103 m100 m121 m110 m108 m153 m156 m94 m142 m

Current Assets

2.4 b2.6 b2.9 b1.4 b1.5 b2.3 b1.3 b1.7 b2.3 b1.4 b1.9 b
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    907 m365 m979 m971 m

    Depreciation and Amortization

    144 m231 m238 m236 m

    Accounts Receivable

    (5 m)24 m(20 m)5 m

    Accounts Payable

    15 m35 m(23 m)
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    (84 m)(150 m)351 m(31 m)(7 m)1 b(30 m)(17 m)947 m(17 m)(38 m)

    Depreciation and Amortization

    36 m111 m170 m55 m113 m175 m55 m112 m174 m65 m117 m

    Accounts Receivable

    (4 m)(327 m)(76 m)(28 m)(431 m)(125 m)(14 m)(413 m)(138 m)(14 m)(428 m)

    Accounts Payable

    32 m116 m125 m(6 m)103 m77 m(2 m)93 m104 m61 m176 m
      USDY, 2018

      EV/EBIT

      -1.2 k x

      EV/CFO

      252.4 x

      Revenue/Employee

      208.3 k

      Financial Leverage

      4.2 x
      Show all financial metrics

      Intuit Operating Metrics

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

      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$2.5 b$2.38 b$2.73 b$3.13 b$10.74 b

      Small Business Online Ecosystem ARR

      $477 m$503 m$551 m$572 m$572 m$606 m$620 m$685 m$715 m$715 m$766 m$803 m$892 m$953 m$953 m

      Total QuickBooks Paying Customers

      1.21 m1.38 m1.58 m1.63 m2.28 m1.62 m1.81 m2.01 m2.11 m2.8 m2.15 m2.43 m2.82 m2.96 m3.62 m3.03 m

      Online Payroll Subscribers

      342 k361 k376 k388 k388 k404 k427 k455 k474 k474 k499 k509 k523 k540 k540 k
      Show all operating metrics

      Intuit Acquisitions / Subsidiaries

      Acquired CompanyDateDeal Size
      GoodApril
      Intuit Brasil Participações Ltda.
      Intuit Consumer Group Inc.
      Intuit Financing Inc.
      Intuit Insurance Services Inc.
      Intuit Payment Solutions
      Intuit Payments Inc.
      Intuit Singapore Pte. Limited
      Lacerte Software Corporation Delaware
      MTS Global (Europe) Limited
      Quincy Data Center
      CBS Employer Services
      FTP Holdings Ltd
      Intuit Canada Tax ULC
      Intuit Canada ULC
      Intuit Mint Bills
      Intuit Mint Bills Payments
      Payroll Solution
      SecureTax.com
      EmployeeMatters Insurance Agency
      Intuit France SAS
      Intuit India Product Development Centre Private Ltd.
      Intuit Payroll Holding, LLC
      Level Up Analytics GmbH
      Mint Software Inc.
      Superior Bankcard Service LLC
      Apps.com
      Intuit (Aotearoa) Limited
      Nuance Data
      Porticor Inc
      AisleBuyer
      Computing Resources
      Dallas Innovative Merchant Solutions
      Electronic Clearing House
      Intuit Administrative Services
      Intuit Australia Pty Limited
      Intuit (Check) Software Ltd.
      Intuit Distribution Inc.
      Intuit Do-It-Yourself Payroll
      Intuit Holding Ltd
      Intuit India Software Solutions Private Limited
      Intuit Limited
      Intuit Payroll Services, LLC
      Investment Solution Inc.
      Lion’s Partners
      Merchant America
      PayCycle
      Quicken Investment Services
      XpressCheX
      TsheetsDecember 05, 2017$340 m

      Intuit Market Value History

      Intuit Revenue Breakdown

      Source: fortune.com

      Intuit Median Salaries

      Source: 1.1 k public H-1B filings from Intuit
      Show all human capital metrics

      Intuit's Web-traffic and Trends

      Intuit Online and Social Media Presence

      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…

      Intuit Company Life and Culture

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