intu: the income statement

MyFinsight

INTUIT INC. (INTU)

For the year ending 2025-07-31, INTU made $18,831M in revenue. $3,869M in net income. Net profit margin of 20.55%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

	2025-07-31	2024-07-31	2023-07-31	2022-07-31
Net revenue	18,831	16,285	14,368	12,726
Selling and marketing	5,035	4,312	3,762	3,526
Restructuring	15	223	-	-
Research and development	2,928	2,754	2,539	2,347
General and administrative	1,601	1,418	1,300	1,460
Amortization of acquired technology	156	146	163	140
Cost of revenue-Service	68	69	2,909	2,197
Cost of revenue-Product	3,624	3,250	71	69
Amortization of other acquired intangible assets	481	483	483	416
Total costs and expenses	13,908	12,655	11,227	10,155
Operating income	4,923	3,630	3,141	2,571
Interest expense	247	242	248	81
Interest and other income, net	158	162	96	52
Income before income taxes	4,834	3,550	2,989	2,542
Income tax provision	965	587	605	476
Net income	3,869	2,963	2,384	2,066

Basic net income per share (in dollars per share)	13.82	10.58	8.49	7.38
Diluted net income per share (in dollars per share)	13.67	10.43	8.42	7.28
Shares used in basic per share calculations (in shares)	280,000,000	280,000,000	281,000,000	280,000,000
Shares used in diluted per share calculations (in shares)	283,000,000	284,000,000	283,000,000	284,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS)