For the quarter ending 2025-10-31, INTU had -$2,538M decrease in cash & cash equivalents over the period. $599M in free cash flow.
| Cash Flow | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 |
|---|---|---|---|---|
| Net income | 446 | 381 | 2,820 | 471 |
| Depreciation | 44 | 43 | 43 | 42 |
| Amortization of acquired intangible assets | 165 | 165 | 158 | 157 |
| Non-cash operating lease cost | 23 | 19 | 19 | 18 |
| Share-based compensation expense | 543 | 490 | 469 | 498 |
| Deferred income taxes | 58 | -157 | -51 | -136 |
| Other | 6 | -13 | -15 | -36 |
| Total adjustments | 827 | 573 | 653 | 615 |
| Originations and purchases of notes receivable held for sale | - | 0 | 0 | 0 |
| Sales and principal repayments of notes receivable held for sale | - | 0 | 0 | 0 |
| Accounts receivable | 49 | -196 | -293 | 591 |
| Income taxes receivable | -19 | 42 | -82 | 64 |
| Prepaid expenses and other assets | 119 | 56 | 19 | 181 |
| Accounts payable | -135 | -212 | -34 | 394 |
| Accrued compensation and related liabilities | -378 | 109 | 127 | 207 |
| Deferred revenue | 25 | 58 | -70 | 135 |
| Income taxes payable | - | - | 584 | 10 |
| Operating lease liabilities | -23 | -18 | -13 | -24 |
| Other liabilities | 24 | -2 | -28 | 97 |
| Total changes in operating assets and liabilities | 636 | 573 | -922 | 17 |
| Net cash provided by operating activities | 637 | 381 | 4,395 | 1,069 |
| Purchases of corporate and customer fund investments | 101 | 1,283 | 759 | 15 |
| Sales of corporate and customer fund investments | 115 | 152 | 35 | 78 |
| Maturities of corporate and customer fund investments | 1,473 | 208 | 19 | 402 |
| Purchases of property and equipment | 38 | -15 | 35 | 31 |
| Capitalization of internal use software | - | 40 | - | - |
| Acquisitions of businesses, net of cash acquired | - | 184 | - | - |
| Originations and purchases of notes receivable held for investment | 1,297 | 1,119 | 1,048 | 1,159 |
| Sales of notes receivable originally classified as held for investment | 213 | 262 | 54 | 136 |
| Principal repayments of notes receivable held for investment | 876 | 754 | 1,028 | 504 |
| Other | 43 | -10 | -290 | 404 |
| Net cash provided by (used in) investing activities | 1,198 | -1,225 | -416 | -489 |
| Proceeds from issuance of long-term debt, net of discount and issuance costs | - | 0 | 0 | 0 |
| Repayments of debt | - | 500 | 0 | 0 |
| Proceeds from borrowings under unsecured revolving credit facility | - | 0 | 0 | 0 |
| Repayments on borrowings under unsecured revolving credit facility | - | 0 | - | -100 |
| Proceeds from borrowings under secured revolving credit facilities | 166 | 65 | 145 | 134 |
| Repayments on borrowings under secured revolving credit facilities | - | 0 | - | -25 |
| Proceeds from issuance of stock under employee stock plans | 62 | 135 | 88 | 79 |
| Payments for employee taxes withheld upon vesting of restricted stock units | 244 | 370 | 176 | 197 |
| Cash paid for purchases of treasury stock | 854 | 746 | 752 | 717 |
| Dividends and dividend rights paid | 341 | 301 | 292 | 300 |
| Net change in funds receivable and funds payable and amounts due to customers | 4,411 | -3,107 | -1,834 | 2,255 |
| Other | -1 | 3 | 0 | -4 |
| Net cash provided by (used in) financing activities | -4,372 | 142 | 847 | -3,260 |
| Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents | -1 | -1 | 16 | -12 |
| Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents | -2,538 | -703 | 4,842 | -2,692 |
| Cash and cash equivalents at beginning of period | 9,481 | 10,184 | 5,342 | 8,034 |
| Cash and cash equivalents at end of period | 6,943 | 9,481 | 10,184 | 5,342 |
INTUIT INC. (INTU)
INTUIT INC. (INTU)