Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Intuit Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Net income	3,869)	2,963)	2,384)	2,066)	2,062)	1,826)
Unrealized gain (loss) on available-for-sale debt securities	1)	7)	—)	(10)	(3)	5)
Foreign currency translation gain (loss)	3)	(15)	5)	(26)	11)	(1)
Cumulative translation adjustment reclassified to net income	—)	9)	—)	—)	—)	—)
Other comprehensive income (loss), net of income taxes	4)	1)	5)	(36)	8)	4)
Comprehensive income	3,873)	2,964)	2,389)	2,030)	2,070)	1,830)

Based on: 10-K (reporting date: 2025-07-31), 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31).

The financial data reveals a generally positive trend in net income, increasing steadily from 1,826 million US dollars in July 2020 to 3,869 million US dollars in July 2025. This upward trajectory indicates consistent growth in profitability over the analyzed periods.

Unrealized Gain (Loss) on Available-for-Sale Debt Securities: This item fluctuates over the years with small positive and negative values. It starts at a gain of 5 million in 2020, dips into losses in 2021 and 2022, is absent in 2023, then returns to a gain of 7 million in 2024 and slightly decreases to 1 million in 2025. The variations suggest some volatility in the valuation of debt securities but with no clear sustained trend.
Foreign Currency Translation Gain (Loss): This category exhibits volatility without a consistent trend. It shows a slight loss of 1 million in 2020, improves to a gain of 11 million in 2021, then declines into a significant loss of 26 million in 2022. The figure recovers to a gain of 5 million in 2023, falls again to a loss of 15 million in 2024, and slightly rebounds to a gain of 3 million in 2025. This oscillation suggests exposure to foreign exchange rate fluctuations impacting the company's consolidated results periodically.
Cumulative Translation Adjustment Reclassified to Net Income: Data for this item is mostly missing, except for a value of 9 million recorded in 2024. This isolated figure may indicate a one-time reclassification event impacting the net income in that year.
Other Comprehensive Income (Loss), Net of Income Taxes: Other comprehensive income shows variability and includes both gains and losses across the years. Starting at 4 million in 2020, it increases slightly to 8 million in 2021, then plummets to a loss of 36 million in 2022. A recovery is observed with positive values of 5 million in 2023, followed by smaller positive amounts of 1 million in 2024 and 4 million in 2025. The sharp negative value in 2022 indicates a significant adverse event affecting comprehensive income that year.
Comprehensive Income: The comprehensive income trend largely mirrors the net income trend, rising from 1,830 million in 2020 to 3,873 million in 2025. Despite fluctuations in other comprehensive income components causing slight divergences, comprehensive income demonstrates steady overall growth, affirming the company’s improving total economic performance.

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Intuit Inc. (NASDAQ:INTU)

Statement of Comprehensive Income