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)
8,200 (est)+4%
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
Laura Fennell

Laura Fennell

Executive Vice President, General Counsel and Secretary
Neil Williams

Neil Williams

Executive Vice President, Chief Financial Officer

Intuit Office Locations

Intuit has offices in Mountain View, Tucson, San Francisco, Reno and in 17 other locations
Mountain View, US (HQ)
2700 Coast Ave.
Singapore, SG
12 Marina View
Hod Hasharon, IL
4 HaHarash St
Edmonton, CA
101 St NW
Fredericksburg, US
110 Juliad Ct
Plano, US
5601 Headquarters Dr
Show all (28)

Intuit Financials and Metrics

Intuit Financials

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

Revenue (FY, 2017)

5.2 b

Revenue growth (FY, 2016 - FY, 2017), %

10%

Gross profit (FY, 2017)

4.4 b

Gross profit margin (FY, 2017), %

85%

Net income (FY, 2017)

971 m

EBIT (FY, 2017)

1.4 b

Market capitalization (13-Nov-2017)

40.4 b

Cash (31-Jul-2017)

529 m

EV

40.4 b
Intuit's current market capitalization is $40.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.2 b4.5 b4.2 b4.7 b5.2 b

Revenue growth, %

8%(7%)12%10%

Cost of goods sold

559 m603 m695 m730 m797 m

Gross profit

3.6 b3.9 b3.5 b4 b4.4 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

622 m782 m2.4 b672 m808 m2.2 b713 m923 m2.3 b778 m1 b2.5 b

Cost of goods sold

165 m197 m208 m160 m193 m201 m180 m203 m234 m

Gross profit

507 m611 m2 b553 m730 m2.1 b598 m813 m2.3 b

Gross profit Margin, %

75%76%91%78%79%91%77%80%91%
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1 b849 m808 m638 m529 m

Accounts Receivable

130 m134 m91 m108 m103 m

Prepaid Expenses

98 m116 m94 m102 m100 m

Current Assets

2.2 b2.6 b2.6 b1.6 b1.4 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

417 m625 m1.6 b542 m482 m1.2 b474 m334 m1.3 b360 m392 m1.4 b

Accounts Receivable

137 m435 m277 m140 m459 m210 m124 m512 m214 m121 m521 m245 m

Prepaid Expenses

119 m103 m100 m121 m110 m108 m153 m156 m94 m

Current Assets

2 b2.5 b3.4 b2.4 b2.6 b2.9 b1.4 b1.5 b2.3 b1.3 b1.7 b2.3 b
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

858 m907 m365 m979 m971 m

Depreciation and Amortization

232 m144 m157 m238 m236 m

Accounts Receivable

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

Accounts Payable

4 m15 m35 m(23 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(11 m)(37 m)984 m(84 m)(66 m)501 m(31 m)(7 m)1 b(30 m)(17 m)947 m

Depreciation and Amortization

55 m111 m170 m45 m94 m145 m49 m101 m156 m

Accounts Receivable

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

Accounts Payable

32 m116 m125 m(6 m)103 m77 m(2 m)93 m104 m
USDY, 2017

EV/EBIT

29 x

EV/CFO

25.3 x

Revenue/Employee

647.1 k

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

3 x
Show all financial metrics

Intuit Operating Metrics

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

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 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

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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