Intuit (INTU) FY2025 results: revenue $18.8 billion, up 15.6% on the year
Intuit Inc. (INTU) reported revenue of $18.8 billion for fiscal 2025, the year ended 31 July 2025, up 15.6% on the year before. Net income was $3.9 billion, up 30.6%, and diluted earnings per share $13.67. The figures are the company's own, from the 10-K it filed with the SEC on 3 September 2025.
Revenue
$18.8 billion
+15.6% on the year
FY2018FY2025
Operating margin
26.1%
22.3% a year earlier
FY2018FY2025
Net income
$3.9 billion
+30.6% on the year
FY2018FY2025
Diluted EPS
$13.67
+31.1% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
6,207
4,884
5,046
+27.1%
Capital expenditure
84.0
191
210
-56.0%
Free cash flow
6,123
4,693
4,836
+30.5%
Free cash flow margin
32.5%
28.8%
33.7%
Cash from investing
-2,318
-227
-922
Cash from financing
-1,510
-397
-4,269
Depreciation and amortisation
653
642
643
+1.7%
Share-based compensation
1,968
1,940
1,712
+1.4%
Buybacks
2,772
1,988
1,967
+39.4%
Dividends paid
1,189
1,034
889
+15.0%
Dividend per share
$4.16
$3.60
$3.12
+15.6%
Diluted shares, weighted
283m
284m
283m
-0.4%
Shares outstanding at period end
279m
280m
280m
-0.4%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
19,710
18,436
17,269
+6.9%
Debt
5,973
6,038
6,120
-1.1%
Operating lease liabilities
597
458
480
+30.3%
Other liabilities
10,678
7,200
3,911
+48.3%
Total liabilities and equity
36,958
32,132
27,780
+15.0%
Fixed assets
961
1,009
969
-4.8%
Goodwill
13,980
13,844
13,780
+1.0%
Intangible assets
5,302
5,820
6,419
-8.9%
Investments
94.0
131
105
-28.2%
Loans
n/a
912
757
Cash and equivalents
2,884
3,609
2,848
-20.1%
Receivables
530
457
405
+16.0%
Other assets
13,207
6,350
2,497
+108.0%
Total assets
36,958
32,132
27,780
+15.0%
10-K for the year ended 31 July 2025, filed 3 September 2025: the filing.