Below are the financial statements of Intuit, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 3,609a | 2,848a |
Investments | 465a | 814a |
Accounts receivable, net of allowance for doubtful accounts of $5 and $7 | 457a | 405a |
Notes receivable held for investment, net | 779a | 687a |
Notes receivable held for sale | 3a | 0a |
Income taxes receivable | 78a | 29a |
Prepaid expenses and other current assets | 366a | 354a |
Current assets before funds receivable and amounts held for customers | 5,757a | 5,137a |
Funds receivable and amounts held for customers | 3,921a | 420a |
Total current assets | 9,678a | 5,557a |
Assets | — | — |
Long-term investments | 131a | 105a |
Property and equipment, net | 1,009a | 969a |
Operating lease right-of-use assets | 411a | 469a |
Goodwill | 13,844a | 13,780a |
Acquired intangible assets, net | 5,820a | 6,419a |
Long-term deferred income tax assets | 698a | 64a |
Other assets | 541a | 417a |
Total assets | 32,132a | 27,780a |
Current liabilities | — | — |
Short-term debt | 499a | 0a |
Accounts payable | 721a | 638a |
Accrued compensation and related liabilities | 921a | 665a |
Deferred revenue | 872a | 921a |
Income taxes payable | 8a | 698a |
Other current liabilities | 549a | 448a |
Current liabilities before funds payable and amounts due to customers | 3,570a | 3,370a |
Funds payable and amounts due to customers | 3,921a | 420a |
Total current liabilities | 7,491a | 3,790a |
Liabilities and stockholders’ equity | — | — |
Long-term debt | 5,539a | 6,120a |
Operating lease liabilities | 458a | 480a |
Other long-term obligations | 208a | 121a |
Total liabilities | 13,696a | 10,511a |
Stockholders’ equity | — | — |
Preferred stock | 0a | 0a |
Common stock | 3a | 3a |
Additional paid-in capital | 20,248a | 19,026a |
Treasury stock, at cost | -18,750a | -16,772a |
Accumulated other comprehensive loss | -54a | -55a |
Retained earnings | 16,989a | 15,067a |
Total stockholders’ equity | 18,436a | 17,269a |
Total liabilities and stockholders’ equity | 32,132a | 27,780a |
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