INTUIT INC. (INTU) FY2025 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-02-01 to 2025-04-30

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INTUIT INC. cash flow reconciliation, Feb 1, 2025 through Apr 30, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $2,820,000,000.00Income taxes payable → Operating adjustments reconciliation: $584,000,000.00Share-based compensation expense → Operating adjustments reconciliation: $469,000,000.00Accounts receivable → Operating adjustments reconciliation: $293,000,000.00Amortization of acquired intangible assets → Operating adjustments reconciliation: $158,000,000.00Accrued compensation and related liabilities → Operating adjustments reconciliation: $127,000,000.00Income taxes receivable → Operating adjustments reconciliation: $82,000,000.00Depreciation → Operating adjustments reconciliation: $43,000,000.00Non-cash operating lease cost → Operating adjustments reconciliation: $19,000,000.00Other → Operating adjustments reconciliation: $15,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,575,000,000.00Operating adjustments reconciliation → Deferred revenue: $70,000,000.00Operating adjustments reconciliation → Deferred income taxes: $51,000,000.00Operating adjustments reconciliation → Accounts payable: $34,000,000.00Operating adjustments reconciliation → Other liabilities: $28,000,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $19,000,000.00Operating adjustments reconciliation → Operating lease liabilities: $13,000,000.00Net change in funds receivable and funds payable and amounts due to customers → financing reconciliation: $1,834,000,000.00Proceeds from borrowings under secured revolving credit facilities → financing reconciliation: $145,000,000.00Proceeds from issuance of stock under employee stock plans → financing reconciliation: $88,000,000.00financing reconciliation → Net cash from financing activities: $847,000,000.00financing reconciliation → Cash paid for purchases of treasury stock: $752,000,000.00financing reconciliation → Dividends and dividend rights paid: $292,000,000.00financing reconciliation → Payments for employee taxes withheld upon vesting of restricted stock units: $176,000,000.00Net cash used in investing activities → investing reconciliation: $416,000,000.00Principal repayments of loans held for investment → investing reconciliation: $1,028,000,000.00Other → investing reconciliation: $290,000,000.00Sales of loans originally classified as held for investment → investing reconciliation: $54,000,000.00Sales of corporate and customer fund investments → investing reconciliation: $35,000,000.00Maturities of corporate and customer fund investments → investing reconciliation: $19,000,000.00investing reconciliation → Originations and purchases of loans held for investment: $1,048,000,000.00investing reconciliation → Purchases of corporate and customer fund investments: $759,000,000.00investing reconciliation → Purchases of property and equipment: $35,000,000.00Exchange-rate effect → Cash sources and uses: $16,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $5,342,000,000.00Net cash from operating activities → Cash sources and uses: $4,395,000,000.00Net cash from financing activities → Cash sources and uses: $847,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $10,184,000,000.00Cash sources and uses → Net cash used in investing activities: $416,000,000.00Net income: $2,820,000,000.00Net income+$2.82 BDepreciation: $43,000,000.00Depreciation expense+$43.00 MAmortization of acquired intangible assets: $158,000,000.00Amortization expense+$158.00 MNon-cash operating lease cost: $19,000,000.00Non-cash operating lease cost+$19.00 MShare-based compensation expense: $469,000,000.00Stock-based compensation+$469.00 MDeferred income taxes: -$51,000,000.00Deferred income taxes−$51.00 MOther: $15,000,000.00Other non-cash items+$15.00 MOriginations and purchases of loans held for sale: $0.00Sales and principal repayments of loans held for sale: $0.00Operating lease liabilities: -$13,000,000.00Operating lease liabilities−$13.00 MAccounts receivable: $293,000,000.00Accounts receivable+$293.00 MPrepaid expenses and other assets: -$19,000,000.00Prepaid & other assets−$19.00 MDeferred revenue: -$70,000,000.00Unearned revenue−$70.00 MIncome taxes receivable: $82,000,000.00Income taxes receivable+$82.00 MAccrued compensation and related liabilities: $127,000,000.00Accrued compensation+$127.00 MOther liabilities: -$28,000,000.00Other operating liabilities−$28.00 MIncome taxes payable: $584,000,000.00Income taxes payable+$584.00 MAccounts payable: -$34,000,000.00Trade payables−$34.00 MNet cash from operating activities: $4,395,000,000.00Operating cash+$4.40 BOperating adjustments reconciliation: $1,790,000,000.00Proceeds from issuance of long-term debt, net of discount and issuance costs: $0.00Repayments of debt: $0.00Proceeds from borrowings under secured revolving credit facilities: $145,000,000.00Secured credit line borrowings+$145.00 MProceeds from issuance of stock under employee stock plans: $88,000,000.00Employee stock plans & options+$88.00 MPayments for employee taxes withheld upon vesting of restricted stock units: -$176,000,000.00Stock-award tax withholding−$176.00 MCash paid for purchases of treasury stock: -$752,000,000.00Common stock repurchases−$752.00 MDividends and dividend rights paid: -$292,000,000.00Dividends paid−$292.00 MNet change in funds receivable and funds payable and amounts due to customers: $1,834,000,000.00Customer funds, net change+$1.83 BOther: $0.00Proceeds from borrowings under unsecured revolving credit facility: $0.00Repayments on borrowings under unsecured revolving credit facility: $0.00Repayments on borrowings under secured revolving credit facilities: $0.00Net cash from financing activities: $847,000,000.00Financing cash+$847.00 Mfinancing reconciliation: $2,067,000,000.00Purchases of corporate and customer fund investments: -$759,000,000.00AFS securities purchases−$759.00 MSales of corporate and customer fund investments: $35,000,000.00AFS securities sales+$35.00 MMaturities of corporate and customer fund investments: $19,000,000.00AFS securities maturities+$19.00 MPurchases of property and equipment: -$35,000,000.00PP&E purchases−$35.00 MOriginations and purchases of loans held for investment: -$1,048,000,000.00Investment loan purchases−$1.05 BSales of loans originally classified as held for investment: $54,000,000.00Investment loan sales+$54.00 MPrincipal repayments of loans held for investment: $1,028,000,000.00Loan & lease repayments+$1.03 BOther: $290,000,000.00Other investing, net+$290.00 MNet cash used in investing activities: -$416,000,000.00. Cash required to fund net payments.Investing cash−$416.00 Minvesting reconciliation: $1,842,000,000.00Cash sources and uses: $10,600,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $5,342,000,000.00Beginning cash$5.34 BEnding cash: Cash, cash equivalents, and restricted cash: $10,184,000,000.00Ending cash$10.18 BExchange-rate effect: $16,000,000.00FX effect+$16.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$4.36 BOperating cash − cash spent on PP&ECash flow / Net income1.56×Operating cash flow ÷ net incomeNet cash change+$4.84 BEnding cash − beginning cash
Chart details

INTUIT INC. cash flow reconciliation, Feb 1, 2025 through Apr 30, 2025

Cash flows for Feb 1, 2025 through Apr 30, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jan 31, 2025. Ending cash: Apr 30, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jan 31, 2025
5,342,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
4,395,000,000 US dollars. Net cash provided.
Net income
2,820,000,000 US dollars
Depreciation
43,000,000 US dollars
Amortization of acquired intangible assets
158,000,000 US dollars
Non-cash operating lease cost
19,000,000 US dollars
Share-based compensation expense
469,000,000 US dollars
Deferred income taxes
negative 51,000,000 US dollars
Other
15,000,000 US dollars
Originations and purchases of loans held for sale
0 US dollars
Sales and principal repayments of loans held for sale
0 US dollars
Operating lease liabilities
negative 13,000,000 US dollars
Accounts receivable
293,000,000 US dollars
Prepaid expenses and other assets
negative 19,000,000 US dollars
Deferred revenue
negative 70,000,000 US dollars
Income taxes receivable
82,000,000 US dollars
Accrued compensation and related liabilities
127,000,000 US dollars
Other liabilities
negative 28,000,000 US dollars
Income taxes payable
584,000,000 US dollars
Accounts payable
negative 34,000,000 US dollars
Investing activities
negative 416,000,000 US dollars. Net cash used.
Purchases of corporate and customer fund investments
negative 759,000,000 US dollars
Sales of corporate and customer fund investments
35,000,000 US dollars
Maturities of corporate and customer fund investments
19,000,000 US dollars
Purchases of property and equipment
negative 35,000,000 US dollars
Originations and purchases of loans held for investment
negative 1,048,000,000 US dollars
Sales of loans originally classified as held for investment
54,000,000 US dollars
Principal repayments of loans held for investment
1,028,000,000 US dollars
Other
290,000,000 US dollars
Financing activities
847,000,000 US dollars. Net cash provided.
Proceeds from issuance of long-term debt, net of discount and issuance costs
0 US dollars
Repayments of debt
0 US dollars
Proceeds from borrowings under secured revolving credit facilities
145,000,000 US dollars
Proceeds from issuance of stock under employee stock plans
88,000,000 US dollars
Payments for employee taxes withheld upon vesting of restricted stock units
negative 176,000,000 US dollars
Cash paid for purchases of treasury stock
negative 752,000,000 US dollars
Dividends and dividend rights paid
negative 292,000,000 US dollars
Net change in funds receivable and funds payable and amounts due to customers
1,834,000,000 US dollars
Other
0 US dollars
Proceeds from borrowings under unsecured revolving credit facility
0 US dollars
Repayments on borrowings under unsecured revolving credit facility
0 US dollars
Repayments on borrowings under secured revolving credit facilities
0 US dollars
Operating adjustment reconciliation
1,790,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,067,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,842,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
16,000,000 US dollars
Ending cash on Apr 30, 2025
10,184,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
10,600,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
4,842,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.56×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
4,395,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
35,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
4,360,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.58B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 4,395,000,000 US dollars minus 35,000,000 US dollars equals 4,360,000,000 US dollars.
INTUIT INC. (INTU) FY2025 Q3 Statement of Cash Flows Sankey chart
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