Stock Analysis on Net
Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Common-Size Income Statement
Quarterly Data

Beginner level

Intuit Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014
Product 27.74 16.19 14.76 32.13 30.30 24.65 15.22 35.49 34.15 32.59 17.26 27.12 36.00 37.17 18.38 29.43 38.17 39.12 19.92 28.60 38.01 40.37 20.70 26.03 37.25
Service and other 72.26 83.81 85.24 67.87 69.70 75.35 84.78 64.51 65.85 67.41 82.74 72.88 64.00 62.83 81.62 70.57 61.83 60.88 80.08 71.40 61.99 59.63 79.30 73.97 62.75
Net revenue 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of product revenue -1.13 -0.83 -0.53 -1.42 -1.46 -1.71 -0.58 -1.73 -1.48 -2.53 -0.92 -3.09 -2.71 -2.97 -1.14 -3.64 -3.73 -4.24 -1.30 -4.33 -4.07 -4.45 -1.55 -5.61 -5.39
Cost of service and other revenue -17.69 -16.63 -13.49 -18.28 -22.92 -26.06 -10.09 -16.91 -22.34 -20.34 -9.30 -17.77 -19.19 -18.41 -8.07 -16.34 -19.41 -17.77 -7.86 -16.58 -18.37 -19.68 -7.54 -18.56 -19.44
Amortization of acquired technology -0.53 -0.28 -0.17 -0.35 -0.52 -0.50 -0.15 -0.33 -0.49 -0.51 -0.17 -0.26 -0.23 -0.36 -0.12 -0.30 -0.39 -0.66 -0.22 -0.65 -0.84 -1.15 -0.37 -0.93 -1.14
Cost of revenue -19.35% -17.73% -14.19% -20.05% -24.89% -28.27% -10.82% -18.97% -24.31% -23.38% -10.39% -21.12% -22.12% -21.73% -9.33% -20.28% -23.52% -22.68% -9.38% -21.56% -23.28% -25.29% -9.46% -25.10% -25.98%
Gross profit 80.65% 82.27% 85.81% 79.95% 75.11% 71.73% 89.18% 81.03% 75.69% 76.62% 89.61% 78.88% 77.88% 78.27% 90.67% 79.72% 76.48% 77.32% 90.63% 78.44% 76.72% 74.71% 90.54% 74.90% 74.02%
Selling and marketing -27.36 -23.35 -21.59 -34.96 -32.88 -38.33 -19.93 -36.48 -34.06 -31.17 -18.77 -40.26 -34.76 -31.47 -18.38 -39.86 -36.38 -35.28 -18.36 -38.57 -34.22 -40.23 -19.34 -45.93 -41.01
Research and development -24.57 -21.64 -11.06 -19.63 -28.67 -33.50 -9.50 -19.64 -28.94 -31.48 -10.12 -24.55 -33.07 -31.24 -9.68 -23.92 -31.62 -31.17 -9.90 -22.21 -29.87 -30.89 -9.65 -25.10 -30.88
General and administrative -12.77 -10.63 -6.03 -9.38 -12.53 -15.09 -5.20 -9.32 -13.48 -21.96 -5.44 -12.27 -16.37 -16.75 -5.75 -13.78 -16.20 -17.51 -6.47 -13.00 -16.41 -16.95 -6.14 -15.35 -19.44
Amortization of other acquired intangible assets -0.15 -0.06 -0.07 -0.06 -0.17 -0.20 -0.03 -0.07 -0.20 -0.20 -0.07 -0.09 -0.11 0.00 -0.04 0.00 -0.13 -0.80 -0.13 -0.11 -0.28 -0.43 -0.14 -0.40 -0.49
Goodwill and intangible asset impairment charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4.89 -5.34 0.00 0.00
Operating income (loss) from continuing operations 15.80% 26.60% 47.07% 15.92% 0.86% -15.39% 54.52% 15.51% -0.98% -8.20% 55.21% 1.72% -6.43% -1.19% 56.83% 2.17% -7.84% -7.43% 55.77% 4.55% -4.07% -18.68% 49.93% -11.88% -17.81%
Interest expense -0.60 -0.39 -0.07 -0.18 -0.17 -0.30 -0.12 -0.27 -0.39 -0.40 -0.17 -0.52 -0.56 -0.36 -0.31 -1.08 -1.16 -1.19 -0.43 -0.98 -0.98 -0.86 -0.33 -0.93 -1.14
Interest and other income (expense), net 0.68 0.55 -0.10 0.88 1.20 1.91 0.52 0.40 0.00 1.11 0.24 0.43 0.34 0.36 0.12 -0.10 -0.26 0.40 0.09 -0.54 -0.56 -0.29 0.05 0.27 0.00
Income (loss) from continuing operations before income taxes 15.87% 26.76% 46.90% 16.63% 1.89% -13.78% 54.92% 15.65% -1.38% -7.49% 55.28% 1.63% -6.66% -1.19% 56.63% 0.98% -9.25% -8.22% 55.43% 3.03% -5.61% -19.83% 49.65% -12.55% -18.95%
Income tax (provision) benefit -0.91 -2.26 -10.79 -2.48 3.00 9.36 -12.81 -3.06 4.72 12.45 -14.26 -3.43 4.74 4.04 -18.69 0.30 5.40 2.92 -18.62 0.11 1.26 5.17 -18.92 4.54 5.72
Net income (loss) from continuing operations 14.97% 24.50% 36.11% 14.15% 4.89% -4.43% 42.11% 12.58% 3.35% 4.96% 41.03% -1.80% -1.92% 2.85% 37.94% 1.28% -3.86% -5.31% 36.81% 3.14% -4.35% -14.66% 30.73% -8.01% -13.24%
Net income (loss) from discontinued operations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.73 -0.54 0.00 16.67 -7.26 -0.80 -0.49
Net income (loss) 14.97% 24.50% 36.11% 14.15% 4.89% -4.43% 42.11% 12.58% 3.35% 4.96% 41.03% -1.80% -1.92% 2.85% 37.94% 1.28% -3.86% -5.31% 44.53% 2.60% -4.35% 2.01% 23.47% -8.81% -13.73%

Based on: 10-Q (filing date: 2020-11-19), 10-K (filing date: 2020-08-31), 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-24), 10-Q (filing date: 2019-11-21), 10-K (filing date: 2019-08-30), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-22), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-08-31), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-22), 10-Q (filing date: 2017-11-20), 10-K (filing date: 2017-09-01), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-23), 10-Q (filing date: 2016-11-18), 10-K (filing date: 2016-09-01), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-25), 10-Q (filing date: 2015-11-20), 10-K (filing date: 2015-09-01), 10-Q (filing date: 2015-05-22), 10-Q (filing date: 2015-02-19), 10-Q (filing date: 2014-11-21).

Income statement item Description The company
Operating income (loss) from continuing operations The net result for the period of deducting operating expenses from operating revenues. Intuit Inc.’s operating income (loss) from continuing operations as a percentage of net revenue decreased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Intuit Inc.’s income (loss) from continuing operations before income taxes as a percentage of net revenue decreased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Intuit Inc.’s net income (loss) as a percentage of net revenue decreased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.