INTUIT INC. (INTU) FY2026 Q1 P&L / Income Statement

INTUIT INC. (INTU) FY2026 Q1 P&L / Income Statement

Income statement for 2025-08-01 through 2025-10-31. View: Product and service. Revenue and costs use their disclosed categories.

Total net revenue

3,885,000,000 US dollars

Cost of revenue (calculated)

883,000,000 US dollars

Gross profit (calculated)

3,002,000,000 US dollars

Operating expenses (calculated)

2,468,000,000 US dollars

Operating income

534,000,000 US dollars

Other income (expense), net (calculated)

27,000,000 US dollars

Income before income taxes

561,000,000 US dollars

Income tax provision

115,000,000 US dollars

Net income

446,000,000 US dollars

Service revenue

3,497,000,000 US dollars

Product and other revenue

388,000,000 US dollars

Service cost of revenue

824,000,000 US dollars

Product and other cost of revenue

15,000,000 US dollars

Amortization of acquired technology

44,000,000 US dollars

Amortization of other acquired intangible assets

121,000,000 US dollars

Restructuring

0 US dollars

Selling and marketing

1,082,000,000 US dollars

Research and development

843,000,000 US dollars

General and administrative

422,000,000 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.