Intuit Inc (INTU) Q1 2025 Earnings Report

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Intuit Inc

INTU

$673.63 1.59%

Exchange: NASDAQ | Sector: Technology | Industry: Software Application

Q1 2025

Published: Nov 21, 2024

Earnings Highlights

Revenue of $3.28B up 10.2% year-over-year
EPS of $0.70 decreased by 18.6% from previous year
Gross margin of 74.9%
Net income of 197.00M
"The progress we have delivered and the proof points we are observing continue to bolster our confidence in our strategy. - Sasan Goodarzi" - Sasan Goodarzi

INTU

Intuit Inc

Period Q1 2025

Currency USD

Report Type Quarterly Earnings

Generated Dec 8, 2025

Executive Summary

Intuit Inc reported a robust start to fiscal Q1 2025, with revenue reaching $3.283 billion, marking a 10% increase year-over-year, driven primarily by strong performances in the Global Business Solutions Group and Credit Karma. Management highlighted a significant transformation towards an AI-driven expert platform, which has augmented customer engagement and driven revenue from online services to a notable 20% growth. Despite facing challenges in desktop ecosystems, the momentum in online services demonstrates Intuit's potential to navigate current market conditions while pursuing double-digit revenue growth and margin expansion for the year.

Key Performance Indicators

Revenue

Increasing

3.28B

QoQ: 3.11% | YoY: 10.24%

Gross Profit

Increasing

2.46B

74.93% margin

QoQ: 2.46% | YoY: 10.91%

Operating Income

Decreasing

271.00M

QoQ: 279.47% | YoY: -11.73%

Net Income

Decreasing

197.00M

QoQ: 1 085.00% | YoY: -18.26%

EPS

Decreasing

0.70

QoQ: 1 080.39% | YoY: -18.60%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $3.283 billion (+10% YoY, +3.11% QoQ)
Gross Profit: $2.460 billion (+10.91% YoY)
Operating Income: $271 million (-11.73% YoY)
Net Income: $197 million (-18.26% YoY)
EPS: $0.70 (-18.60% YoY, +1080.39% QoQ)
Operating Cash Flow: $362 million
Free Cash Flow: $329 million
Current Ratio: 1.244
Debt-to-Equity Ratio: 0.374
Intuit's revenue growth reflects a shift towards higher-margin online services and AI-driven solutions, despite notable declines in its traditional desktop offerings.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	3.28B	10.24%	3.11%
Gross Profit	2.46B	10.91%	2.46%
Operating Income	271.00M	-11.73%	279.47%
Net Income	197.00M	-18.26%	1 085.00%
EPS	0.70	-18.60%	1 080.39%

Key Financial Ratios

Gross Profit Margin

Excellent

74.90%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Fair

8.25%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

6.00%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

0.59%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

1.09%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.24

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Moderate

0.37

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

High Growth

216.86x

Very high P/E indicates aggressive growth expectations, higher risk

Price to Book

High Premium

9.42x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q3 2025	7,754.00	10.02	+15.1%	View
Q2 2025	3,963.00	1.66	+17.0%	View
Q1 2025	3,283.00	0.70	+10.2%	View
Q4 2024	3,184.00	-0.07	+17.4%	View
Q3 2024	6,737.00	8.41	+12.0%	View

Intuit Inc (INTU) Q1 2025 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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