Intuit (INTU)

Company Profile

Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi.

Company profile

Ticker

INTU

Exchange

NASDAQ

Website

www.intuit.com/

CEO

Sasan Goodarzi

Incorporated

Delaware

Location

California

Fiscal year end

Jul 31

Sector

Information > Software Publishers

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Mobileye Global • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Ceridian HCM Holding ...

Former names

INTUIT INC

SEC CIK

0000896878

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Acorns Trading Pty Ltd • Applatix, Inc. • CBS Employer Services, Inc. • Chatitive, Inc. • Computing Resources, Inc. • CK Progress, Inc. • Credit Karma Insurance Services, LLC • Credit Karma, LLC • Credit Karma Mortgage, Inc. • Credit Karma Offers, Inc. ...

IRS number

770034661

INTU stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$528.50

Low target

$525.00

High target

$532.00

Latest filings (excl ownership)

View all

8-K

Entry into a Material Definitive Agreement

15 Sep 23

424B5

Prospectus supplement for primary offering

13 Sep 23

FWP

Free writing prospectus

12 Sep 23

424B5

Prospectus supplement for primary offering

12 Sep 23

S-3ASR

Automatic shelf registration

1 Sep 23

Results of Operations and Financial Condition

24 Aug 23

8-K

Departure of Directors or Certain Officers

14 Aug 23

8-K

Amendments to Articles of Incorporation or Bylaws

2 Aug 23

Conflict minerals disclosure

30 May 23

Transcripts

View all

INTU

Earnings call transcript

2023 Q4

24 Aug 23

INTU

Earnings call transcript

2023 Q3

23 May 23

INTU

Earnings call transcript

2023 Q2

23 Feb 23

INTU

Earnings call transcript

2023 Q1

30 Nov 22

INTU

Earnings call transcript

2022 Q4

24 Aug 22

INTU

Earnings call transcript

2022 Q3

25 May 22

INTU

Earnings call transcript

2022 Q2

25 Feb 22

INTU

Earnings call transcript

2022 Q1

19 Nov 21

INTU

Earnings call transcript

2021 Q4

25 Aug 21

INTU

Earnings call transcript

2021 Q3

26 May 21

Latest ownership filings

View all

James Alexander Chriss

Notice of proposed sale of securities

6 Sep 23

144

Notice of proposed sale of securities

6 Sep 23

Lauren D Hotz

6 Sep 23

Financial summary

Financial statements Chart INTU financial data

Quarter (USD)	Jul 23	Apr 23	Jan 23	Oct 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jul 23	Jul 22	Jul 21	Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.85 bn	2.85 bn	2.85 bn	2.85 bn	2.85 bn	2.85 bn
Cash burn (monthly)	299.33 mm	12.08 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	505.78 mm	20.42 mm	n/a	n/a	n/a	n/a
Cash remaining	2.35 bn	2.83 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	7.8	234.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Intuit earnings reports.

Institutional ownership, Q2 2023

INTU institutional ownership history Ownership history

82.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1592	1565	+1.7%
Opened positions	146	159	-8.2%
Closed positions	119	114	+4.4%
Increased positions	654	638	+2.5%
Reduced positions	538	545	-1.3%

13F shares	Current	Prev Q	Change
Total value	105.54 tn	102.65 tn	+2.8%
Total shares	230.54 mm	230.92 mm	-0.2%
Total puts	1.57 mm	2.12 mm	-25.6%
Total calls	1.87 mm	3.01 mm	-37.8%
Total put/call ratio	0.8	0.7	+19.6%

Largest owners	Shares	Value	Change
Vanguard	25.21 mm	$11.55 tn	+1.2%
BLK Blackrock	23.22 mm	$10.64 tn	-1.0%
T. Rowe Price	13.81 mm	$6.34 tn	-8.6%
STT State Street	11.30 mm	$5.18 tn	+1.8%
JPM JPMorgan Chase & Co.	9.23 mm	$4.23 tn	-4.0%
FMR	5.37 mm	$2.46 tn	-7.0%
Geode Capital Management	5.31 mm	$2.43 tn	+2.5%
Edgewood Management	3.87 mm	$1.77 tn	+2.8%
MS Morgan Stanley	3.71 mm	$1.70 tn	+8.6%
Brown Advisory	3.54 mm	$1.62 tn	+3.0%

Largest transactions	Shares	Bought/sold	Change
Nicholas Hoffman & Company	2.78 mm	+2.78 mm	NEW
Winslow Capital Management	736.00	-1.45 mm	-99.9%
Massachusetts Financial Services	1.35 mm	-1.36 mm	-50.2%
T. Rowe Price	13.81 mm	-1.29 mm	-8.6%
Sands Capital Management	4.04 k	-992.65 k	-99.6%
IVZ Invesco	2.90 mm	-931.09 k	-24.3%
Holocene Advisors	15.20 k	-810.57 k	-98.2%
Clearbridge Advisors	777.27 k	+777.27 k	NEW
Tiger Global Management	1.06 mm	+613.90 k	+136.9%
Amundi	1.26 mm	+601.64 k	+91.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

INTU insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Sep 23	Tessel Marianna	Common Stock	Sell	Dispose S	No	No	552.63	8,702	4.81 mm	32,170.738
6 Sep 23	Lauren D Hotz	Common Stock	Sell	Dispose S	No	No	549.42	550	302.18 k	2,054.406
6 Sep 23	Sandeep Aujla	Common Stock	Sell	Dispose S	No	No	546.4227	1,167	637.68 k	405.404
5 Sep 23	Sandeep Aujla	Common Stock	Sell	Dispose S	No	No	548.64	1,206	661.66 k	1,572.404
5 Sep 23	Chriss James Alexander	Common Stock	Sell	Dispose S	No	No	550.2679	764	420.40 k	1,201.738
5 Sep 23	Chriss James Alexander	Common Stock	Sell	Dispose S	No	No	549.3529	2,650	1.46 mm	1,965.738
5 Sep 23	Chriss James Alexander	Common Stock	Sell	Dispose S	No	No	548.154	1,467	804.14 k	4,615.738
5 Sep 23	Chriss James Alexander	Common Stock	Sell	Dispose S	No	No	547.5455	1,741	953.28 k	6,082.738
5 Sep 23	Chriss James Alexander	Common Stock	Sell	Dispose S	No	No	546.3192	1,400	764.85 k	7,823.738
5 Sep 23	McLean Kerry J	Common Stock	Sell	Dispose S	No	No	551.6145	1,785	984.63 k	22,026.894