Product pipeline and R&Dpositive · 5 filings
“Unallocated corporate items increased in fiscal 2026 compared with fiscal 2025 due to increases in research and development expense, restructuring costs, and cost of service revenue.”10-K · Sep 9, 2026 ↗
Intuit Inc.
INTU
You’ve read what changed. Here’s whether the market is confirming it.
Market read
No connected market move is active around Intuit Inc..
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
P/E23.3xlatest annual facts
Revenue YoY+15.6%2025-07-31
Operating margin26.1%+3.9 pts YoY
Company+2.9% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- QuickBooks Online Accounting revenue rose 23% on higher effective prices, customer growth, and mix shift.
- Research and development rose to $3.4 billion, while management attributed higher corporate costs partly to R&D.
Invalidation: The isolated read changes if INTU's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- QuickBooks Online Accounting revenue rose 23% on higher effective prices, customer growth, and mix shift.
- Research and development rose to $3.4 billion, while management attributed higher corporate costs partly to R&D.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations615
Usable filing statements138
Verified relationships4
Evidence supporting the case
- Latest annual revenue changed +13.9% year over year.
- Operating margin changed +1.3 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.94x in the latest annual period.
- Product pipeline and R&D has repeated favorable evidence across 5 filings.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 30, 2026
275.716m-36.2%12m-60.3%24m-56.5%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-07-31$12.7B+32.1%$7.28+4.0%
2023-07-31$14.4B+12.9%$8.42-0.4%
2024-07-31$16.3B+13.3%$10.43+0.4%
2025-07-31$18.8B+15.6%$13.67-0.4%
2026-07-31$21.4B+13.9%$16.46-2.1%
What management says matters
Persistent and emerging business drivers
Foreign exchangemixed · 2 filings
“We believe the impact of currency fluctuations will continue to be immaterial in the foreseeable future due to the reasons cited above.”10-K · Sep 9, 2026 ↗
Restructuring and cost reductionsmixed · 2 filings
“The increase in total operating expenses was due to increases of $365 million for staffing expenses, $278 million for restructuring charges, $175 million for outside services, $140 million for share-based compensation expense, and $133 million for marketing e…”10-K · Sep 9, 2026 ↗
Credit and interest ratesmixed · 1 filings
“We also received $4.0 billion from the issuance of unsecured senior notes, $3.4 billion from the net increase in funds receivable and funds payable and amounts due to customers, $422 million from the net sales and maturities of investments, $282 million from…”10-K · Sep 3, 2025 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
275.71+2.9% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for INTU. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for INTU. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind INTU
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
JPMJPMorgan Chase & Co.lenderFeb 26, 2026 ▾
“8-K filed 1/12/2026 10.02 Revolving Credit Agreement, dated as of January 30, 2026, by and among Intuit Inc., the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.”
Depended on by
BILLBILL Holdings, Inc.partnerAug 28, 2025 ▾
“Software providers, such as Intuit, as well as the financial institutions with which we partner, may internally develop products, acquire existing, third-party products, or may enter into partnerships or other strategic relationships that would enable them to…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
INTU is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for INTU; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.