INTUIT INC. (INTU) FY2025 Annual P&L / Income Statement

INTUIT INC. (INTU) FY2025 Annual P&L / Income Statement

Income statement for 2024-08-01 through 2025-07-31. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue:

18,831,000,000 US dollars

Total cost of revenue (calculated)

3,848,000,000 US dollars

Gross profit (calculated)

14,983,000,000 US dollars

Operating expenses (calculated)

10,060,000,000 US dollars

Operating income

4,923,000,000 US dollars

Other income (expense), net (calculated)

negative 89,000,000 US dollars

Income before income taxes

4,834,000,000 US dollars

Income tax provision

965,000,000 US dollars

Net income

3,869,000,000 US dollars

QuickBooks Desktop Accounting

1,672,000,000 US dollars

Desktop Services and Supplies

1,103,000,000 US dollars

QuickBooks Online Accounting

4,120,000,000 US dollars

Online Services

4,182,000,000 US dollars

Undisclosed (calculated)

7,754,000,000 US dollars

Cost of revenue

3,692,000,000 US dollars

Amortization of acquired technology

156,000,000 US dollars

General and administrative

1,601,000,000 US dollars

Restructuring

15,000,000 US dollars

Research and development

2,928,000,000 US dollars

Amortization of other acquired intangible assets

481,000,000 US dollars

Selling and marketing

5,035,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.