"This year, we expect TurboTax Live customers to grow 24% and revenue to grow 47%, accelerating 13 and 30 points, respectively."
— Sandeep Aujla
03Detailed Report
INTU
Intuit Inc
Period
Q3 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 5, 2026
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Executive Summary
Intuit Inc. delivered robust third-quarter results for fiscal 2025, showcasing significant growth across its core segments driven by innovation in AI and enhanced customer engagement. Revenue for the quarter reached $7.8 billion, marking a 15% increase year-over-year, with notable contributions from the Consumer segment and Global Business Solutions Group. Operating income improved by 20% compared to the prior year, indicating effective cost management and operational efficiency bolstered by AI integration. Management's proactive stance on growth targets reflects strong investor confidence, as they raise revenue and earnings guidance for the upcoming fiscal year.
The company has strategically positioned itself as a leader in the software applications space, emphasizing its AI-driven platform aimed at optimizing customer experiences. This transformation not only aids current clients but also allows for significant market penetration, especially in the mid-market segment. Investor vigilance towards AI advancements and operational indices will be paramount moving forward.
Key Performance Indicators
Revenue
Increasing
7.75B
QoQ: 95.66% | YoY: 15.10%
Gross Profit
Increasing
6.62B
85.32% margin
QoQ: 118.64% | YoY: 19.21%
Operating Income
Increasing
3.72B
QoQ: 527.32% | YoY: 19.81%
Net Income
Increasing
2.82B
QoQ: 498.73% | YoY: 18.04%
EPS
Increasing
10.09
QoQ: 500.60% | YoY: 18.29%
Revenue Trend
Margin Analysis
Financial Highlights
1. Revenue Growth: Revenue of $7.8 billion increased by 15% YoY, with a 95.66% QoQ surge, driven primarily by TurboTax and QuickBooks.
2. Gross Profit: Gross profit stood at $6.6 billion, with a gross profit margin of 85.32%. This margin improved from 83.19% YoY, emphasizing efficient cost control.
3. Operating Income: Operating income was reported at $3.7 billion, representing a 20% increase YoY, reflecting a 47.98% operating margin.
4. Net Income: Net income reached $2.82 billion, translating to a diluted EPS of $10.02, showing an 18.29% increase YoY.
5. Free Cash Flow: Based on strong operational performance, operating cash flow stood at $4.4 billion, while free cash flow was solid at $4.36 billion.
6. Financial Ratios: Current ratio of 1.447 indicates strong liquidity, while debt to equity ratio of 0.363 suggests manageable levels of leverage and risk exposure.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
7.75B
15.10%
95.66%
Gross Profit
6.62B
19.21%
118.64%
Operating Income
3.72B
19.81%
527.32%
Net Income
2.82B
18.04%
498.73%
EPS
10.09
18.29%
500.60%
Key Financial Ratios
Gross Profit Margin
Excellent
85.30%
Gross profit margin is exceptional, indicating strong pricing power and operational efficiency
Operating Profit Margin
Excellent
48.00%
Operating margin is exceptional, indicating strong pricing power and operational efficiency
Net Profit Margin
Excellent
36.40%
Net profit margin is exceptional, indicating strong pricing power and operational efficiency
Return on Assets
Fair
7.71%
Return on assets is acceptable but below top-tier companies
Return on Equity
Good
14.00%
Return on equity shows solid performance and effective asset utilization
Current Ratio
Adequate
1.45
Current ratio meets minimum requirements but limited cushion
Debt to Equity
Moderate
0.36
Debt-to-equity indicates balanced capital structure with manageable debt
P/E Ratio
Fair Value
15.58x
P/E ratio in line with market averages
Price to Book
High Premium
8.73x
Very high premium suggests asset-light business model or lofty expectations
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