Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its 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 leading tax preparation offerings for professional accountants. The company's financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions. 
Company Growth (employees)
Type
Public
HQ
Mountain View, US
Founded
1983
Size (employees)
7,900 (est)
Website
intuit.com
Intuit was founded in 1983 and is headquartered in Mountain View, US

Key People at Intuit

Brad Smith

Brad Smith

President and Chief Executive Officer
Laura A. Fennell

Laura A. Fennell

SVP & General Counsel & Secretary
Scott Cook

Scott Cook

Founder and Chairman of the Executive Committee

Intuit Office Locations

Intuit has offices in Mountain View, Tucson, San Francisco, Reno and in 13 other locations
Mountain View, US (HQ)
2632 Marine Way
Paris, FR
7 Rue De La Paix
São Paulo, BR
3729 Av. Brg. Faria Lima
Washington, US
520 601 Pennsylvania Ave Nw
London, GB
1 Cathedral Piazza, 1st And 2nd Floors
Singapore, SG
12 Marina View Unit #06 01 Asia Square Tower 2
Bangalore, IN
Campus 4 A, Pr I Tech Park (Ecospace) 7th And 8th Floor, Belandur Village Varthur Hobli , Bangalore East Taluk
Mississauga, CA
5100 Spectrum Way
Edmonton, CA
10423 101 Street, Suite 2200
Woodland Hills, US
21215 Burbank Boulevard, Ste. 100
Fredericksburg, US
Customer Contact Center 110 Juliad Ct.
Menlo Park, US
180 Jefferson Drive
Plano, US
Pro Tax And Lacerte 5601 Headquarters Dr.
Reno, US
6884 Sierra Center Pkwy
San Francisco, US
22 Fourth Street
Tucson, US
Customer Contact Center 2800 East Commerce Center Place

Intuit Data and Metrics

Intuit Financial Metrics

Intuit's revenue was reported to be $4.7 b in FY, 2016 which is a 12% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

4.7 b

Revenue growth (FY, 2015 - FY, 2016), %

12%

Gross profit (FY, 2016)

4.6 b

Gross profit margin (FY, 2016), %

97%

Net income (FY, 2016)

979 m

EBIT (FY, 2016)

1.2 b

Market capitalization (26-May-2017)

35.4 b

Closing share price (26-May-2017)

138.4

Cash (31-Dec-2016)

638 m
Intuit's current market capitalization is $35.4 b.
Numbers are in $, USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.5 b4.2 b4.7 b

Revenue growth, %

(7%)12%

Cost of goods sold

143 m146 m125 m137 m139 m131 m

Gross profit

4.4 b4.1 b4.6 b

Gross profit Margin, %

97%97%97%

Operating expense total

2.7 b2.9 b2.9 b

EBIT

1.3 b738 m1.2 b

EBIT margin, %

29%18%26%

Interest expense

31 m27 m35 m

Interest income

31 m1 m4 m

Pre tax profit

1.3 b712 m1.2 b

Income tax expense

354 m374 m378 m447 m299 m397 m

Net Income

907 m365 m979 m
Numbers are in $, USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

214 m722 m393 m1 b849 m808 m638 m

Accounts Receivable

Inventories

116 m94 m102 m

Current Assets

2.6 b2.6 b1.6 b

PP&E

606 m682 m1 b

Goodwill

1.6 b1.3 b1.3 b

Total Assets

5.2 b5 b4.3 b

Accounts Payable

161 m190 m184 m

Current Liabilities

1.4 b1.7 b2.3 b

Additional Paid-in Capital

3.6 b4 b4.4 b

Retained Earnings

5.9 b6 b6.7 b

Total Equity

2.3 b1.2 b

Financial Leverage

2.1 x3.7 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

907 m365 m979 m

Depreciation and Amortization

144 m157 m195 m

Accounts Receivable

(5 m)24 m(20 m)

Inventories

Accounts Payable

15 m35 m(23 m)

Cash From Operating Activities

1.4 b1.5 b1.4 b

Purchases of PP&E

(104 m)(142 m)(416 m)

Cash From Investing Activities

(49 m)(182 m)371 m

Long-term Borrowings

Cash From Financing Activities

(1.6 b)(1.3 b)(1.9 b)

Interest Paid

32 m32 m37 m

Income Taxes Paid

240 m222 m389 m
Numbers are in $, USDY, 2016

Revenue/Employee

609.6 k

Financial Leverage

3.7 x

Intuit Market Value History

Intuit Median Salaries

Source: 1.1 k public H-1B filings from Intuit

Intuit Online and Social Media Presence

Intuit News and Updates

Intuit Company Life and Culture

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