INTU · Q1 FY26 · Aug 1 – Oct 31, 2025
Intuit Q1 FY26: where the revenue came from and where it went
Intuit Q1 FY26: revenue $3.9B (+18% year over year). Net profit $0.4B. Largest cohort Online Services $1.1B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Aug 1 – Oct 31, 2025
- Reported
- Nov 20, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$3.9B
+18% year over year
Gross profit$1B
26% margin
Operating profit$0.5B
14% margin
Net profit$0.4B
11% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.9 | 100% | +18% |
| Online Services | 1.1 | 28% | +17% |
| Consumer | 0.9 | 23% | |
| Credit Karma | 0.7 | 18% | |
| Total Desktop Ecosystem | 0.6 | 15% | |
| Desktop Services and Supplies | 0.3 | 8% | −7% |
| TurboTax | 0.2 | 5% | |
| Cost of revenue | −2.9 | 74% | |
| Gross profit | 1 | 26% margin | +4pp |
| Research & development | −0.8 | 22% | +0pp |
| Sales & marketing | −-0.7 | 28% | −1pp |
| G&A | −0.4 | 11% | −1pp |
| Operating profit | 0.5 | 14% margin | +5pp |
| Tax | −0.1 | ||
| Net profit | 0.4 | 11% | +5pp |
Older quarters
-
Q3 FY26 4/2026Revenue $8.6B Net margin 36%
-
Q2 FY26 1/2026Revenue $4.7B Net margin 15%
-
Q3 FY25 4/2025Revenue $7.8B Net margin 36%
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