Stock Analysis on Net
Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paying user area

Try for free

Intuit Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Intuit Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Apr 30, 2026 Jan 31, 2026 Oct 31, 2025 Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019
Short-term debt
Accounts payable
Accrued compensation and related liabilities
Deferred revenue
Income taxes payable
Other current liabilities
Current liabilities before funds payable and amounts due to customers
Funds payable and amounts due to customers
Current liabilities
Long-term debt
Operating lease liabilities, excluding current portion
Other long-term obligations
Long-term liabilities
Total liabilities
Preferred stock
Common stock and additional paid-in capital
Treasury stock, at cost
Accumulated other comprehensive loss
Retained earnings
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2026-04-30), 10-Q (reporting date: 2026-01-31), 10-Q (reporting date: 2025-10-31), 10-K (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-Q (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-K (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31).

The balance sheet reflects a substantial expansion in both total liabilities and stockholders' equity over the analyzed period. Total liabilities and stockholders' equity grew from 6,183 million US dollars in October 2019 to 39,330 million US dollars by April 2026, indicating a significant scaling of the corporate capital structure.

Current Liabilities and Customer Obligations
Current liabilities demonstrate a strong upward trend, increasing from 1,757 million US dollars to 12,276 million US dollars. This growth is primarily driven by a sharp escalation in funds payable and amounts due to customers, which remained relatively stable under 500 million US dollars until October 2023, after which they surged, reaching 7,760 million US dollars by April 2026. Other current liabilities and deferred revenue also show gradual increases, with deferred revenue growing from 554 million US dollars to 1,055 million US dollars, suggesting an increase in prepaid service obligations.
Debt Profile and Long-Term Obligations
Long-term debt experienced a significant step-increase in January 2022, jumping from approximately 2,037 million US dollars to 6,732 million US dollars. Following this peak, the long-term debt levels stabilized and gradually declined to 5,412 million US dollars by April 2026. Short-term debt has remained relatively low and volatile, generally fluctuating between 35 million and 750 million US dollars, indicating a preference for long-term financing over short-term borrowing for structural capital needs.
Stockholders' Equity and Capital Management
Stockholders' equity grew from 3,633 million US dollars to 20,629 million US dollars. This growth was supported by a steady rise in common stock and additional paid-in capital, which increased from 5,881 million US dollars to 22,745 million US dollars. Concurrently, retained earnings grew from 9,537 million US dollars to 22,854 million US dollars, signaling consistent profitability. This expansion was partially offset by an aggressive treasury stock buyback program, with treasury stock at cost increasing from negative 11,750 million US dollars to negative 24,916 million US dollars.
Overall Leverage and Solvency Trends
The company's financial leverage has evolved from a lean structure to one with significantly higher absolute liabilities, yet this is balanced by a proportional increase in equity. The dramatic rise in funds payable suggests a shift in the operational model toward managing larger volumes of customer-related funds. Despite the increase in total liabilities to 18,701 million US dollars, the growth in stockholders' equity to over 20,000 million US dollars maintains a stable solvency profile.