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Income Statement
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INTUIT INC. (INTU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJul-31-23Jul-31-22Jul-31-21Jul-31-20Jul-31-19Jul-31-18Jul-31-17Jul-31-16
   8-K10-K10-K10-K10-K10-K10-K10-K
Net revenue:          
Net revenue:  14,368.012,726.09,633.07,679.06,784.06,025.05,196.04,694.0
            Net revenue: growth  12.9%32.1%25.4%13.2%12.6%16.0%10.7%12.0%
Costs and expenses:          
Cost of revenue:          
Cost of revenue          
Amortization of acquired technology  163.0140.050.022.020.015.012.022.0
Selling and marketing  3,762.03,526.02,644.02,048.01,927.01,631.01,415.01,289.0
Research and development  2,539.02,347.01,678.01,392.01,233.01,186.0998.0881.0
General and administrative  1,300.01,460.0982.0679.0597.0664.0553.0518.0
Amortization of other acquired intangible assets  483.0416.0146.06.06.06.02.012.0
    Total costs and expenses  8,318.010,155.07,133.05,503.04,930.04,465.03,778.03,452.0
    Operating income  3,141.02,571.02,500.02,176.01,854.01,560.01,418.01,242.0
            Operating margin  21.9%20.2%26.0%28.3%27.3%25.9%27.3%26.5%
Interest expense   -81.0-29.0-14.0-15.0-20.0-31.0-35.0
Interest and other income (loss), net   52.085.036.042.026.03.0-4.0
Income tax provision  605.0476.0494.0372.0324.0237.0405.0397.0
    Net income  2,384.02,066.02,062.01,826.01,557.01,329.0985.0979.0
   
Earnings Per Share, Basic          
Basic net income per share (in dollars per share)  $8.49$7.38$7.65$6.99$5.99$5.18$3.83$3.73
   
Shares used in basic per share calculations (in shares)  280.8280.0270.0261.0260.0256.0257.0262.0
   
Earnings Per Share, Diluted          
Diluted net income per share (in dollars per share)  $8.42$7.28$7.56$6.92$5.89$5.09$3.78$3.69
Shares used in diluted per share calculations (in shares)  283.1284.0273.0264.0264.0261.0261.0265.0

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