Income Statement Research
Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
Snapshot
INTUIT INC.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.
Revenue
+13.9%Compound growth, FY2022 to FY2026
Gross profit
FY2026Latest annual filing, FY2026
Operating Income
+23.0%Compound growth, FY2022 to FY2026
Net income
+21.9%Compound growth, FY2022 to FY2026
Headline results
Four lines, five fiscal years, straight from the filings.
INTUIT INC. headline income statement — FY2026
Trend
The same four lines drawn across the window.
All values shown in USD millions unless noted otherwise.
Line items
The full annual income statement layer for INTUIT INC., from revenue down to share counts.
Statement basis
USD millions, except per-share and share-count rows.
INTUIT INC. expanded income statement — FY2026
Expanded annual statement lines sourced from the SEC EDGAR database for INTUIT INC..
Margins
How much of INTUIT INC.'s revenue survives through gross profit, operating income, and net income.
Gross margin
N/AFY2026, versus FY2022
Operating Margin
+723 bpsFY2026, versus FY2022
Net income margin
+505 bpsFY2026, versus FY2022
Observation window
yearsFY2022 through FY2026
Margin table
Side-by-side read of gross, operating and net margin.
Margin trend
The shape of profitability across the window.
Margins are calculated from annual SEC facts using reported revenue as the denominator.
Year on year
Every headline line of INTUIT INC.'s statement measured against the immediately prior period.
Revenue YoY
FY2025FY2026 versus FY2025
Gross profit YoY
FY2025FY2026 versus FY2025
Op. income YoY
FY2025FY2026 versus FY2025
Net income YoY
FY2025FY2026 versus FY2025
Year-on-year table
Contractions are tinted so slowdowns are obvious.
INTUIT INC. year-on-year change — FY2026
Momentum
Whether the business is accelerating or rolling over.
Year-on-year change compares each annual period against the immediately prior year inside the selected window.
Compound growth
Compounded annual growth from FY2022 to FY2026, which filters out one-year noise.
Revenue CAGR
4yrFY2022 to FY2026
Gross profit CAGR
4yrFY2022 to FY2026
Op. income CAGR
4yrFY2022 to FY2026
Net income CAGR
4yrFY2022 to FY2026
Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.
Commentary
A written read of the filing-backed figures above. The statement itself remains the source of truth.
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Over the five-year period from 2021 to 2025, INTUIT INC. has demonstrated robust top-line growth with revenue expanding from 9,633 million USD in 2021 to 18,831 million USD in 2025. The most significant year-over-year jump occurred between 2021 and 2022, when revenue increased by approximately 32%, which is notable compared to the more moderate, yet steady, increases of around 12–16% in subsequent years. Gross profit and operating income have trended in line with revenue, with both metrics growing from 2,500 million USD in 2021 to 4,923 million USD in 2025. Given that operating income matches the reported gross profit in each year, it suggests that operating expenses have likely remained under tight control relative to revenue growth. Net income has also steadily increased—from 2,062 million USD in 2021 to 3,869 million USD in 2025—indicating that the company has been able to convert a significant portion of its earnings before tax into profit, with slight fluctuations confirming consistent profitability. Overall, the financial performance of INTUIT INC. over these years suggests a stable and sustainable operating model. The significant revenue jump in 2022 could reflect successful market expansion strategies or operational changes, while the continued upward trends in all profitability metrics point to efficient cost management and strong market demand. In the broader context of the financial software and services industry, where competitive pressures are high yet innovation drives growth, these results indicate that INTUIT INC. is well-positioned to maintain its competitive edge and potentially deliver long-term value to shareholders. This data-driven assessment underscores a healthy trend in financial performance and operational efficiency for the company.
This analysis is for informational purposes only and does not constitute financial advice or a recommendation for any investment decision. Please consult a qualified financial professional for personalised guidance.
