Intuit
- Monthly Active Users2.4 MJan, 2022
- Revenue$9.6 BFY, 2021
- Market Capitalization$127.6 B2022-08-04
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.
| Type | Public | |
| Founded | 1983 | |
| HQ | Mountain View, CA, US | Map |
| Website | intuit.com | |
| Employee Ratings | ||
| Overall Culture | A | More |
Recent NewsAll News
- Bragar Eagel & Squire, P.C. Is Investigating Intuit, Rollins, Avaya, and RBC and Encourages Investors to Contact the Firm
- Tech News: Intuit releases Tax Resource Library
- Bragar Eagel & Squire, P.C. Is Investigating Intuit, Kohl’s, F45, and Argo and Encourages Investors to Contact the Firm
- Intuit sounds alarm on QuickBooks phishing
Key People/Management at Intuit
Sasan Goodarzi
Chief Executive Officer of Intuit
Scott Cook
Founder and Chairman of the Executive Committee
Lara Balazs
Executive Vice President, Chief Marketing Officer, and General Manager of Strategic Partner Group
Marianna Tessel
Executive Vice President, Chief Technology Officer
Alex Chriss
Executive Vice President and General Manager, Small Business and Self Employed Group
Michelle Clatterbuck
Executive Vice President, Chief Financial Officer
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
Intuit Financials and Metrics
Intuit Revenue
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
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 1.6b | 1.6b | 3.4b | 5.2b | 2.0b | 3.2b | 3.0b | 1.3b | 3.5b |
Accounts Receivable | 104.0m | 603.0m | 219.0m | 99.0m | 465.0m | 554.0m | 411.0m | 889.0m | 738.0m |
Prepaid Expenses | 304.0m | 308.0m | 277.0m | 246.0m | 312.0m | 305.0m | 409.0m | 571.0m | 671.0m |
Current Assets | 3.2b | 3.7b | 4.9b | 6.7b | 4.1b | 5.3b | 4.5b | 3.1b | 5.3b |
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 57.0m | 297.0m | 1.4b | 198.0m | 218.0m | 1.7b | 228.0m | 328.0m | 2.1b |
Depreciation and Amortization | 49.0m | 114.0m | 168.0m | 46.0m | 137.0m | 250.0m | 114.0m | 329.0m | 538.0m |
Accounts Payable | (5.0m) | 175.0m | 111.0m | (58.0m) | 87.0m | 194.0m | (107.0m) | 84.0m | 86.0m |
Cash From Operating Activities | (127.0m) | 190.0m | 2.1b | 45.0m | 324.0m | 2.7b | 145.0m | 230.0m | 3.6b |
| USD | FY, 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 |
Intuit Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| imVision Technologies | December 21, 2021 | |
| The Rocket Science Group LLC | November 01, 2021 | $12 b |
| Tradegecko | August 03, 2020 | $80 m |
| Credit Karma | February 24, 2020 | $7.1 b |
| ChronoBooks | November 18, 2019 | |
| Origami Logic | May 28, 2019 | |
| Applatix | January 29, 2018 | |
| Tsheets | December 05, 2017 | $340 m |
| Exactor | October 26, 2017 | |
| Playbook HR | March 24, 2015 |
Intuit Revenue Breakdown
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
Intuit Cybersecurity Score
Intuit Environment, Social & Governance (ESG) Ratings
Intuit Online and Social Media Presence
81.7k Twitter followers
Intuit has 81.7k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.8% quarter over quarter
Intuit's Trends
Twitter Engagement Stats for @Intuit
27.5k
Tweets
35.3k
Following
81.7k
Followers
88
Tweets last 30 days
7.7
Avg. likes per Tweet
26.1%
Tweets with engagement
Intuit Company Culture
Overall Culture
A
78/100
CEO Rating
A+
83/100
Compensation
A+
84/100
Diversity
A+
80/100
Intuit News and Updates
October 20, 2017
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…
August 16, 2022
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…
August 12, 2022
Tech News: Intuit releases Tax Resource Library
August 06, 2022
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…
August 03, 2022
Intuit sounds alarm on QuickBooks phishing
August 03, 2022
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…
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies