Intuit
ConvictionModerate
Subscription + transaction SaaS: QuickBooks Online recurring subs plus attached payments/payroll/capital take-rates (Global Business Solutions); seasonal DIY tax (Consumer/TurboTax); lead-gen/affiliate advertising marketplace (Credit Karma); pro-tax software (ProTax). Asset-light, ~80% gross margin, high FCF conversion.
Revenue
$18.8B FY2025ended 2025-07-31, +16% YoY); TTM ~$20.9B; FY2026 guide $21.34-21.37B (+13-14%Rev growth
+16% FY2025+10.4% in Q3 FY2026; guided ~13-14% FY2026Gross margin
~79-80%asset-light SaaS; approximate, GAAPOp margin
~26% GAAP FY2025$4.9B on $18.8B); ~40% non-GAAP ($7.6B) — management guides continued non-GAAP margin expansionCapex intensity
Low~1-2% of revenue (software/SaaS, no heavy physical capexMarket cap
~$75BNASDAQ: INTU, ~$275/sh as of 2026-07-05; down ~51% YTD 2026 and ~67% off the July-2025 ATH of $813.70; 52-wk range ~$252.84-$813.70The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for Intuit
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07 (prices as of 2026-07-05; last full year FY2025 ended 2025-07-31; last quarter Q3 FY2026 ended 2026-04-30, reported 2026-05-20)· sign in (free) for the analyst summary; Pro unlocks full intelligence