The progress we have delivered and the proof points we are observing continue to bolster our confidence in our strategy. - Sasan Goodarzi
— Sasan Goodarzi
03Detailed Report
INTU
Intuit Inc
Period
Q1 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 5, 2026
Swipe to view all report sections
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
Management Insights Available for Members
Get exclusive access to management commentary, earnings call quotes, and forward guidance from company leadership.