Intuit Q1 FY26: where the revenue came from and where it went
The whole income statement of Intuit for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Aug 1 – Oct 31, 2025
- Reported
- Nov 20, 2025
Revenue$3.89B
+18% year over year
Gross profit$2.88B
74% margin
Operating profit$0.53B
14% margin
Net profit$0.45B
11% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.89 | 100% | +18% |
| Online services | 1.15 | 29% | |
| Consumer | 0.89 | 23% | |
| Credit karma | 0.65 | 17% | |
| Total desktop ecosystem | 0.64 | 17% | |
| Services & supplies | 0.28 | 7% | |
| TurboTax | 0.20 | 5% | |
| ProTax | 0.05 | 1% | |
| Other | 0.03 | 1% | |
| Cost of revenue | −1.00 | 26% | |
| Gross profit | 2.88 | 74% margin | +3pp |
| R&D | −0.84 | 21% | +0pp |
| Sales & marketing | −1.08 | 28% | −1pp |
| G&A | −0.42 | 11% | −1pp |
| Operating profit | 0.53 | 14% margin | +5pp |
| Other income, net | 0.03 | ||
| Tax | −0.12 | ||
| Net profit | 0.45 | 11% margin | +5pp |
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