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 (2 categories). Revenue and costs use their disclosed categories.

Net revenue:

18,831,000,000 US dollars

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

Service revenue

16,400,000,000 US dollars

Product and other revenue

2,431,000,000 US dollars

Service cost of revenue

3,624,000,000 US dollars

Product and other cost of revenue

68,000,000 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.