INTU on Nasdaq

Intuit

Logo: Intuit Inc., Public domain, via Wikimedia Commons6

American financial software company

Intuit Inc. is an American financial technology company that develops financial software and services, including TurboTax and QuickBooks. Founded in 1983, the company is headquartered in Mountain View, California. It went public in 1993 and that year acquired ChipSoft, maker of TurboTax.3 It was founded by Scott Cook and Thomas Proulx.1 Its revenue was $12.7 billion in 2022.1 Wikipedia text CC BY-SA 4.0

$325.27 down 4.90 (1.48%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

$21.4BRevenue, fiscal 20267
$4.6BNet income, fiscal 20267
1983Founded1

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  • TickerINTU on Nasdaq1
  • Industryenterprise software1
  • HeadquartersMountain View1
  • Websitewww.intuit.com
  • Legal formDelaware corporation1
  • Incorporated inDE8
  • Business address2700 Coast Avenue, Mountain View, Ca 940438
  • Filer categoryLarge accelerated filer8
  • LEIVI90HBPH7XSFMB9E4M294
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 23244514
Intuitheadquarters
Photo: User Coolcaesar on en.wikipedia ., CC BY-SA 3.0, via Wikimedia Commons11

Intuit Inc. is an American financial technology company that develops financial software and services, including TurboTax and QuickBooks. Founded in 1983, the company is headquartered in Mountain View, California. It went public in 1993 and that year acquired ChipSoft, maker of TurboTax. The company later expanded with the acquisitions of Credit Karma (completed in December 2020) and Mailchimp (completed in November 2021).3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

27.4%Operating margin7
21.3%Net margin7
13.9%Revenue growth, 20267
24.0%Return on equity7
0.34×Debt to equity7
$8.7BFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service brought in 88% of the revenue Intuit broke down this way in fiscal 2026.

  1. Service$18.9B788%up 15% from 2025
  2. Product And Other$2.5B712%up 4% from 2025
Products and services by year
Products and services202420252026
Service$13.9B$16.4B$18.9B
Product And Other$2.4B$2.4B$2.5B

Business segments

Global Business Solutions brought in 37% of the revenue Intuit broke down this way in fiscal 2026.

  1. Global Business Solutions$12.9B737%up 16% from 2025
  2. Global Business Solutions$12.9B737%up 16% from 2025
  3. Consumer$8.6B725%up 11% from 2025
Business segments by year
Business segments202420252026
Global Business Solutions$9.5B$11.1B$12.9B
Global Business Solutions$9.5B$11.1B$12.9B
Consumer$6.8B$7.8B$8.6B

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Research and development16¢$3.4B
  • Other costs56¢$12.1B
  • Income tax7¢$1.5B
  • Profit21¢$4.6B

Out of $21.4B in revenue.7

Where each dollar of operating cash went, fiscal 2026

  • Capital spending2¢$175.0M
  • Dividends paid15¢$1.3B
  • Share buybacks61¢$5.4B
  • Kept or used elsewhere22¢$1.9B

Out of $8.8B of cash from operations.7

Financial statements

Revenue12131415167$21.4B in 2026+216% since 2019
0$10.0B$20.0B$30.0B2019: $6.8B$6.8B20192020: $7.7B$7.7B2020+13%2021: $9.6B$9.6B2021+25%2022: $12.7B$12.7B2022+32%2023: $14.4B$14.4B2023+13%2024: $16.3B$16.3B2024+13%2025: $18.8B$18.8B2025+16%2026: $21.4B$21.4B2026+14%
Operating income12131415167$5.9B in 2026+217% since 2019
0$2.0B$4.0B$6.0B2019: $1.9B$1.9B20192020: $2.2B$2.2B2020+17%2021: $2.5B$2.5B2021+15%2022: $2.6B$2.6B2022+3%2023: $3.1B$3.1B2023+22%2024: $3.6B$3.6B2024+16%2025: $4.9B$4.9B2025+36%2026: $5.9B$5.9B2026+20%
Net income12131415167$4.6B in 2026+193% since 2019
0$2.0B$4.0B$6.0B2019: $1.6B$1.6B20192020: $1.8B$1.8B2020+17%2021: $2.1B$2.1B2021+13%2022: $2.1B$2.1B2022+0%2023: $2.4B$2.4B2023+15%2024: $3.0B$3.0B2024+24%2025: $3.9B$3.9B2025+31%2026: $4.6B$4.6B2026+18%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2026-07-312025-07-312024-07-31
Total net revenue$21.4B$18.8B$16.3B
Amortization of acquired technology$174.0M$156.0M$146.0M
Selling and marketing$5.5B$5.0B$4.3B
Research and development$3.4B$2.9B$2.8B
General and administrative$1.6B$1.6B$1.4B
Amortization of other acquired intangible assets$485.0M$481.0M$483.0M
Restructuring$293.0M$15.0M$223.0M
Total costs and expenses$15.6B$13.9B$12.7B
Operating income$5.9B$4.9B$3.6B
Interest expense-$256.0M-$247.0M-$242.0M
Interest and other income, net$389.0M$158.0M$162.0M
Income before income taxes$6.0B$4.8B$3.5B
Income tax provision$1.5B$965.0M$587.0M
Net income$4.6B$3.9B$3.0B
Basic net income per share (in dollars per share)$16.53$13.82$10.58
Shares used in basic per share calculations (in shares)276.0M shares280.0M shares280.0M shares
Diluted net income per share (in dollars per share)$16.46$13.67$10.43
Shares used in diluted per share calculations (in shares)277.0M shares283.0M shares284.0M shares

Compare Intuit with another company

Corporate structure

Intuit sits at the top of its group. 63 entities, 10 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Intuit

  • Intuit Mountain View, California, United States
    • Credit Karma Oakland, CA, California, United States
    • Mailchimp Subsidiary · Ponce City Market
    • TSheets Subsidiary · Eagle
    • Applatix Inc. Subsidiary · Delaware, United States
    • CBS Employer Services, Inc. Subsidiary · Texas, United States
    • CK Progress, Inc. Subsidiary · Delaware, United States
    • Computing Resources, Inc. Subsidiary · Nevada, United States
    • Credit Karma India Private Limited Subsidiary · India
    • Credit Karma Mortgage, Inc. Subsidiary · Delaware, United States
    • Credit Karma Offers, Inc. Subsidiary · Delaware, United States
    • Credit Karma Technologies, Ltd. Subsidiary · Canada
    • Credit Karma UK Limited Subsidiary · United Kingdom
    • Electronic Clearing House, LLC Subsidiary · Delaware, United States
    • Exactor (Canada), Inc. Subsidiary · Pennsylvania, United States
    • Exactor, Inc. Subsidiary · Delaware, United States
    • GoCo.IO, Inc. Subsidiary · Delaware, United States
    • IFI Borrower SPV I, LLC Subsidiary · Delaware, United States
    • IFI Borrower SPV II, LLC Subsidiary · Delaware, United States
    • IFI Borrower SPV III, LLC Subsidiary · Delaware, United States
    • IFI Seller I, LLC Subsidiary · Delaware, United States
    • Intuit (Check) Software Ltd. Subsidiary · Israel
    • Intuit Australia Pty Limited Subsidiary · Australia
    • Intuit Canada Payments Inc. Subsidiary · Canada
    • Intuit Canada ULC / Enterprises Intuit Canada ULC Subsidiary · Canada
    • Intuit Community Impact Fund Subsidiary · Delaware, United States
    • and 40 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Intuit reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$96.0M7 Jul 31, 2026$96.0M7 Jul 31, 20250%
Buildings and improvements$701.0M7 Jul 31, 2026$644.0M7 Jul 31, 2025+8.9%
Machinery and equipment$178.0M7 Jul 31, 2026$175.0M7 Jul 31, 2025+1.7%
Furniture and fixtures$141.0M7 Jul 31, 2026$139.0M7 Jul 31, 2025+1.4%
Computer equipment and software$691.0M7 Jul 31, 2026$791.0M7 Jul 31, 2025−12.6%
Leasehold improvements$451.0M7 Jul 31, 2026$479.0M7 Jul 31, 2025−5.8%
Construction in progress$146.0M7 Jul 31, 2026$39.0M7 Jul 31, 2025+274.4%
Property and equipment, before depreciation$2.4B7 Jul 31, 2026$2.4B7 Jul 31, 2025+1.7%
Accumulated depreciation$1.4B7 Jul 31, 2026$1.4B7 Jul 31, 2025−1.5%
Property and equipment, net$1.0B7 Jul 31, 2026$961.0M7 Jul 31, 2025+6.5%
Operating-lease assets (leased space)$609.0M7 Jul 31, 2026$541.0M7 Jul 31, 2025+12.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.7B7 Jul 31, 2026$2.9B7 Jul 31, 2025+63.1%
Long-term investments$248.0M7 Jul 31, 2026$94.0M7 Jul 31, 2025+163.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$14.0B7 Jul 31, 2026$14.0B7 Jul 31, 20250%
Finite-lived intangibles, gross$8.6B7 Jul 31, 2026$8.6B7 Jul 31, 20250%
Accumulated amortization$4.0B7 Jul 31, 2026$3.3B7 Jul 31, 2025+19.8%
Finite-lived intangibles, net$4.6B7 Jul 31, 2026$5.3B7 Jul 31, 2025−12.4%

Properties, in its own words

Our principal locations, their purposes, and the expiration dates for the leases on facilities at those locations as of July 31, 2026, are shown in the table below. We have renewal options on many of our leases.

Location · Purpose · ApproximateSquareFeet · PrincipalLeaseExpirationDates

The rest of Item 2

Mountain View, California · Corporate headquarters and principal offices for Global Business Solutions segment · 364,000 · Owned

359,000 · 2029 - 2034

Bangalore, India · Principal offices for Intuit India · 478,000 · 2026

San Diego, California · Principal offices for Consumer segment · 466,000 · Owned

We also lease or own facilities in a number of domestic locations and lease facilities internationally in Canada, Israel, the United Kingdom, and other locations. We believe our facilities are suitable and adequate for our current and near-term needs, and that we will be able to locate additional facilities as needed. We have leased additional office space in Bangalore, India that is not reflected above, as it is not yet occupied. See Note 9 to the consolidated financial statements in Item 8 of this Annual Report for more information about our lease commitments.

Item 2 of the 10-K filed Sep 9, 2026.21

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Scott Cook and Thomas Proulx in 1983.1

The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California.

Scott Cook developed the concept for Intuit after his work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting. While seeking a programmer, Cook met Tom Proulx at Stanford University. The two started Intuit, which initially operated out of a small room on University Avenue in Palo Alto. The first version of Quicken was coded in Microsoft's BASIC programming language for the IBM PC and UCSD Pascal for the Apple II by Tom Proulx and had to contend with a dozen serious competitors.

In 1991, Microsoft decided to produce a competitor to Quicken called Microsoft Money. To incentivize retailers, Intuit included a US$15 rebate coupon. Industry observers at the time noted this as a novel strategy for a software company. Around the same time, the company engaged John Doerr of Kleiner Perkins and diversified its product lineup.

On March 12, 1993, Intuit went public on the NASDAQ stock exchange under the ticker symbol INTU. The proceeds were used to make a key acquisition: the tax-preparation software company Chipsoft based in San Diego. Following the IPO, the company expanded its market share, leading to a 1994 buyout offer from Microsoft in 1994; at this time Intuit's market capitalization reached US$2 billion. However, the United States Department of Justice sued to block the acquisition.

As Microsoft competition intensified Intuit's Quicken business in the late 1990s, the company pivoted its strategy by developing web-based products while prioritizing QuickBooks for small business accounting and TurboTax for tax preparation—market segments where Microsoft faced less competition. The company made a number of investments around this time. Among others, it purchased a large stake in Excite and acquired Lacerte Software, a Dallas-based developer of tax preparation software used by tax professionals. It also divested its online bill payment service unit in exchange for an equity stake in CheckFree.

In June 2013, Intuit announced it would sell its financial services unit to private equity firm Thoma Bravo for $1.03 billion.

As of May 2018, Intuit had more than US$5 billion in annual revenue and a market capitalization of about US$50 billion. In August 2018, the company announced that Sasan Goodarzi would become Intuit's leader and CEO at the beginning of 2019. Former CEO Brad Smith remained as chairman of Intuit's board of directors. In August 2020, Intuit QuickBooks Canada was expected to reveal intentions to partner with Digital Main Street, as the company aims to help digitally turn Canadian small businesses.

In July 2024, Intuit announced it would lay off 1,800 employees, or 10% of its workforce, in order to refocus resources on generative AI initiatives. In May 2026, Intuit laid off a further 3000 employees, or 17% of its workforce, once again citing a need to streamline operations and focus on generative AI.

From Wikipedia’s article on Intuit, shared under CC BY-SA 4.0.9

Leadership

Who has led Intuit, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (54)

Products and brands

  • QuickBooks
  • TurboTax

Listed on Wikidata.1

Current products

CEO Sasan Goodarzi oversees all products in all countries.

TurboTax

Offered in Basic, Standard, Premier, and Home & Business versions, as well as TurboTax 20 for preparing multiple returns.

QuickBooks

Read the full text

Small business accounting and financial management software, offered in EasyStart, Pro, and Premier versions.

QuickBooks Online

Web-based accounting software designed for companies to review business financials through live data and insights to help make clear business decisions.

ProConnect

Professional tax products, including ProConnect Tax Online, Lacerte, ProSeries Professional, ProSeries Basic, and EasyAcct.

Credit Karma

Access to credit scores, reports, and monitoring. As of 2024, Credit Karma includes the personal account capabilities of former Intuit Mint.

QuickBooks Commerce

Open platform that consolidate sales channels into a central hub for product-based small businesses.

Intuit Business Credit Card

No annual fee business credit card, issued as a World Elite Business Mastercard, that syncs transactions with QuickBooks Online so spend management, credit access, and financial insights sit in one place.

Intuit Prosperity Hub Program

Empowering local economies by creating new job opportunities, preparing students for jobs of the future and supporting small businesses. (which includes the SaverLife Solutions platform)

Mailchimp

E-mail marketing platform.

Intuit Enterprise Suite

Cloud Enterprise Resource Planning (ERP) software suite for mid-market businesses.

Intuit Professional Tax Software

Intuit Professional Tax Software is a portfolio of tax preparation products developed by Intuit for accounting and tax professionals. The portfolio includes three professional products: ProConnect Tax, Lacerte Tax, and ProSeries Tax. Each product is designed for a different segment of the professional tax market, from individual practitioners to firms that manage complex or high-volume returns. Together, they form Intuit’s Professional Tax software lineup and support a broad range of workflows and firm types.

ProConnect Tax Online

Source:

Intuit ProConnect Tax Online (formerly Intuit Tax Online) is a cloud-based professional tax preparation software designed for accountants and tax advisors. The platform enables tax professionals to prepare and file individual and business returns entirely online, with workflows accessible from any location.

ProConnect Tax Online is a cloud-based tax software that supports over 5,700 tax forms, including Forms 1040, 1041, 1120, 1120-S, and 1065, and features more than 21,000 error diagnostics. The software integrates with QuickBooks Online Accountant to streamline bookkeeping-to-tax workflows. It includes tools such as Intuit Link for client document collection, built-in e-signature capabilities, and integration with Intuit Tax Advisor for generating tax planning strategies. It is used by accounting firms that prefer cloud-based tax preparation workflows. Intuit ProConnect Tax is offered as a package or on a pay-per-return basis. In 2024, it became the first professional tax software to offer built-in tax-planning strategy generation through its Tax Advisor integration.

Lacerte Tax Software

Source:

Intuit Lacerte Tax is a desktop-based professional tax preparation software designed for large accounting firms and complex tax returns. Originally developed by Lacerte Software Corp., founded by CPA Larry Lacerte, the software was acquired by Intuit in May 1998 for approximately $400 million in cash.

Lacerte Tax is a desktop-based tax software that supports over 5,700 forms, including individual, corporate, partnership, fiduciary, estate, and gift tax returns, and features more than 25,000 error-checking diagnostics. The software offers advanced tools, including comprehensive tax planning utilities, what-if analysis, and integration with QuickBooks Desktop for trial balance imports. Although it requires local installation, Intuit offers optional cloud-hosting services for remote access. Lacerte is primarily targeted at mid-size and large accounting firms, as well as smaller firms handling particularly complex returns, and is typically sold either as an unlimited-use license or on a pay-per-return basis, positioning it as a premium offering in the professional tax software market.

ProSeries Tax Software

Intuit ProSeries Tax is a desktop-based professional tax preparation software aimed at individual practitioners and small to mid-sized firms. ProSeries predates Intuit's acquisition of Lacerte and has been offered by Intuit since the 1990s.

ProSeries is a desktop-based tax software available in two editions: ProSeries Professional, which supports individual and business returns, including Forms 1120, 1120-S, and 1065, and ProSeries Basic, which is primarily limited to Form 1040 individual returns. The software features a forms-based interface that displays tax forms on-screen for direct data entry, offering approximately 3,700 forms and schedules, along with around 1,000 error-checking diagnostics. ProSeries integrates with QuickBooks Desktop for importing financial data, and optional cloud hosting is available. Intuit markets ProSeries to small and mid-sized tax practices seeking a balance of functionality and cost, positioning it as a more affordable tax software to Lacerte, with licensing options including unlimited annual licenses or pay-per-return plans.

International operations

Canada

Intuit Canada ULC, an indirect wholly owned subsidiary of Intuit, is a developer of financial management and tax preparation software for personal finance and small business accounting. Services are delivered on a variety of platforms including application software, software connected to services, software as a service, platform as a service and mobile applications. Intuit Canada has employees located all across Canada, with offices in Edmonton, Alberta, and Toronto, Ontario.

Intuit Canada traces its origins to the 1993 acquisition by Intuit of a Canadian tax preparation software developer. In 1992, Edmontonians and University of Alberta graduates Bruce Johnson and Chad Frederick had built a tax preparation product called WINTAX – Canada's first Microsoft Windows-based personal tax preparation software. In 1993, they agreed to be acquired by Chipsoft, manufacturer of the U.S. personal income tax software TurboTax. Shortly after the WINTAX acquisition, Chipsoft agreed to merge with Intuit, the developer of the Quicken financial software. Intuit Canada continued to update and support the WINTAX software, which was renamed QuickTax in 1995 and then renamed TurboTax in 2010. Intuit Canada quickly became the hub for international development at Intuit, producing localized versions of Quicken and QuickBooks for Canada (in French and English) and the United Kingdom. The U.K. version of Quicken was discontinued in 2005.

Current products of Intuit Canada

TurboTax (formerly QuickTax) – offered in Basic, Standard, Premier, and Home & Business versions, as well as TurboTax 20 for preparing multiple returns.

TurboImpôt (formerly ImpôtRapide) – French-language version of TurboTax – offered in de base, de luxe, premier and particuliers et entreprises versions.

TurboTax online – Online versions of Free, Student, Standard, Premier and Home & Business.

TurboImpôt en ligne (formerly ImpôtRapide en ligne) – Online versions of TurboImpôt gratuit, étudiant, de luxe, premier and particuliers et entreprises.

SnapTax – an iPhone app that allows users to complete their income tax return on their iPhone

TurboTax Refund Calculator – an iPad app that estimates tax returns and illustrates how changes, such as having a baby, can impact your income tax return

QuickBooks – Small business accounting and financial management software, offered in EasyStart, Pro and Premier versions.

QuickBooks Payroll Solutions – extends QuickBooks Pro and Premier into an in-house payroll.

Intuit Merchant Service for QuickBooks – lets you process credit and debit transactions directly in any version of QuickBooks.

QuickBooks Enterprise Solutions – for midsized companies that require more capacity, functionality and support than is offered by traditional small business accounting software; includes QuickBooks Payroll.

QuickBooks Online – an online small business accounting and financial management software, offered in EasyStart, Essentials, and Plus versions.

Intuit GoPayment – process and receive payments on the go through your mobile device.

QuickBooks Succès PME – French-language version of QuickBooks, offered in Succès PME, Succès PME Pro, and Succès PME Premier versions

QuickBooks Succès PME Service de paie – French-language version of the Payroll Solutions

ProFile Basic and Premier Editions – Professional Tax Preparation Packages

Discontinued products of Intuit Canada

TaxWiz – Tax preparation software – the company purchased in 2002, discontinued in 2007.

WillExpert – A software package for preparing personal wills (for use within all of Canada with the exception of Quebec, due to specific provincial legislation).

In 2008, Intuit Canada discontinued the TaxWiz software and added QuickTax Basic to their lineup. Changes made by the Canada Revenue Agency forced Intuit and other tax preparing software companies to limit the number of returns available from their software to 20. This caused Intuit Canada to stop offering QuickTax Pro50 and Pro100 products, and it now offers QuickTax 20 as an alternative. Intuit Canada has since announced that for the 2010 tax year, it will discontinue use of the name QuickTax and replace it with the name TurboTax – thus bringing the product in line with Intuit's American tax-filing software.

India

Intuit India is a fully owned subsidiary of Intuit, Inc.. Located in the southern city of Bangalore, the India office was started in April 2005. Currently it has more than 500 employees. It is one of the two development centers of Intuit outside the US, along with Intuit Canada.

A 26 July 2007 Techwhack article (among others) said Intuit-India would expand in international markets, including India, China, Russia, and Brazil. Nilesh Thakker, country manager for India, said there was huge opportunity in these nations. Intuit India is working on point-of-sale software for the Indian market and considering hosted versions of products in India, including online banking services for banks.

In Dec 2009, Intuit Inc. and Web 18's moneycontrol.com announced to provide Personal Finance Management Solutions in India and they signed a three-year partnership to provide a new financial management tool to Indian consumers on India's leading financial portal moneycontrol.com.

Intuit Money Manager

In January 2010, Intuit India released Intuit Money Manager, the company's first financial software product developed specifically for consumers in India. The web-based Intuit Money Manager is an innovative personal finance tool. This portal aggregated information from multiple bank accounts and credit card accounts. Once connected the portal tracked transactions across bank accounts, credit cards and loan transactions and balances through an interface.

Intuit Money Manager's beta version was launched through MoneyControl in the last week of August 2009. The product was then relaunched in Jan 2011 in partnership with ICICI Bank. In 2013, ICICI Bank replaced Intuit Money Manager with Yodlee's MoneyCenter which is branded as "My Money from ICICI".

Awards and recognition

Intuit India has been ranked No.1 in the "India's Best Companies to Work For – 2017" list, and ranked No. 1 in the Information Technology category.

It has also been recognized as one of the best companies in the Employee Wellness and Employer Branding categories (2017).

From Wikipedia’s article on Intuit, shared under CC BY-SA 4.0.9

Subsidiaries and ownership

Subsidiaries

Also owns

Subsidiaries (Exhibit 21)

  • Applatix Inc. Delaware10
  • CBS Employer Services, Inc. Texas10
  • CK Progress, Inc. Delaware10
  • Computing Resources, Inc. Nevada10
  • Credit Karma India Private Limited India10
  • Credit Karma Mortgage, Inc. Delaware10
  • Credit Karma Offers, Inc. Delaware10
  • Credit Karma Technologies, Ltd. Canada10
  • Credit Karma UK Limited United Kingdom10
  • Electronic Clearing House, LLC Delaware10
  • Exactor (Canada), Inc. Pennsylvania10
  • Exactor, Inc. Delaware10
  • GoCo.IO, Inc. Delaware10
  • IFI Borrower SPV I, LLC Delaware10
  • IFI Borrower SPV II, LLC Delaware10
  • IFI Borrower SPV III, LLC Delaware10
  • IFI Seller I, LLC Delaware10
  • Intuit (Check) Software Ltd. Israel10
  • Intuit Australia Pty Limited Australia10
  • Intuit Canada Payments Inc. Canada10
  • Intuit Canada ULC / Enterprises Intuit Canada ULC Canada10
  • Intuit Community Impact Fund Delaware10
  • Intuit Consumer Group LLC California10
  • Intuit Do-It-Yourself Payroll California10
All 60 listed subsidiaries
  • Intuit Financing Inc. Delaware10
  • Intuit India Product Development Centre Private Limited India10
  • Intuit India Technology and Services LLP India10
  • Intuit Insurance Services Inc. California10
  • Intuit International LLC Delaware10
  • Intuit Ireland Software Limited Ireland10
  • Intuit Limited United Kingdom10
  • Intuit Mint Bills Payment Inc. Delaware10
  • Intuit Mint Bills, Inc. Delaware10
  • Intuit Mortgage Inc. Delaware10
  • Intuit Paris SAS France10
  • Intuit Payment Solutions, LLC California10
  • Intuit Payments Inc. Delaware10
  • Intuit Payroll Holding, LLC Delaware10
  • Intuit Payroll Services, LLC Delaware10
  • Intuit Quickbooks Mexico, S. de R.L. de C.V. Mexico10
  • Intuit Sales Tax LLC Delaware10
  • Intuit TT Offerings Inc. Delaware10
  • Intuit Tech-Gratuity Trust India10
  • Karma Insurance Services, LLC California10
  • Karma Platform Services, Inc. Delaware10
  • Karma Rating Solutions, Inc. Delaware10
  • Lacerte Software LLC Delaware10
  • Lion’s Partners, LLC Delaware10
  • McBurberod Financial, Inc. California10
  • Mint Software Inc. Delaware10
  • Money Access Services, Inc. Delaware10
  • Origami Logic Inc. Delaware10
  • Payroll Solution, Inc. Texas10
  • QuickBooks Online Payroll, Inc. Delaware10
  • TSheets Holdco Inc. Delaware10
  • TSheets.com LLC Delaware10
  • The Intuit Foundation California10
  • The Rocket Science Group Holdings, Inc. Georgia10
  • The Rocket Science Group LLC Georgia10
  • TradeGecko Pte Ltd. Singapore10

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

  1. Dec 2007Acquired Homestead Technologies1

1990s

In 1993, Intuit acquired Chipsoft, a tax preparation software company based in San Diego.

In 1994, the firm acquired the tax preparation software division of Best Programs of Reston, VA. In the same year, Intuit acquired Parsons Technology from Bob Parsons for $64 million.

In 1996, it acquired GALT Technologies, Inc of Pittsburgh, PA.

In 1998, it acquired Lacerte Software Corp., which now operates as an Intuit subsidiary. The Lacerte subsidiary focuses on tax software used by professional accountants who prepare taxes for a living. It is generally used by larger firms with more complex workflows and clients.

Read the full text

On March 2, 1999, Intuit acquired Computing Resources Inc. of Reno, Nevada for approximately $200 million. This acquisition allowed Intuit to offer a payroll processing platform through its QuickBooks software program. In December 1999, Intuit purchased Rock Financial for a sum of $532M. The company was renamed Quicken Loans. In June 2002, Rock Financial founder Dan Gilbert led a small group of private investors in purchasing the Quicken Loans subsidiary back from Intuit.

2000s

In 2001, Intuit invested in UK market, hiring a local management team led by Stephen Lee, managing director, and Neil Atkins, marketing director, with an aim to become Europe's leading B2B & B2C packaged accounts solution.

In 2002, the firm acquired Management Reports International, a Cleveland-based real estate management software firm. The firm was renamed Intuit Real Estate Solutions (IRES) and offers real estate management products for Windows and the web. In 2002, it acquired Eclipse ERP for $88 million, a real-time transaction processing accounting software used for order fulfillment, inventory control, accounting, purchasing, and sales

In 2003, it acquired 'Innovative Merchant Solutions' (IMS).a firm that provided merchant services to all types of businesses nationwide. The acquisition gave Intuit the ability to process credit cards through its core product, QuickBooks, without the need for hardware leasing. They can also provide traditional terminal-based credit card processing and downloading transactions directly into the QuickBooks software.

In November 2005, Intuit acquired MyCorporation.com, an online business document filing service, for $20 million from original founders Philip and Nellie Akalp.

In September 2006, it acquired StepUp Commerce, an online localized product listing syndicator, for $60 million in cash. In December 2006, it acquired Digital Insight, a provider of online banking services.

On August 17, 2007, Intuit sold Eclipse ERP to Activant, for $100.5 million in cash.

In December 2007, it acquired Electronic Clearing House to add check processing power.In December 2007, it acquired Homestead Technologies which offers web site creation and e-commerce tools targeted at the small business market, for $170 million.

In December 2008, it acquired Entellium, a by-then bankrupt software company that had developed on-demand customer relationship management software.

In April 2009, it acquired Boorah, a restaurant review site. On June 2, 2009, it announced the signing of a definitive agreement to purchase PayCycle Inc., an online payroll services, in an all-cash transaction for approximately $170 million. On September 14, 2009, Intuit Inc. agreed to acquire Mint.com, a free online personal finance service, for $170 million.

2010s

On January 15, 2010, Intuit Inc. spun off Intuit Real Estate Solutions (which Intuit acquired in 2002) as a stand-alone company. The new company took on its previous moniker, and is now known as MRI Software.

On May 21, 2010, Intuit acquired MedFusion, a Cary, NC leader of Patient to Provider communications for approximately $91 million. On August 10, 2010, it. acquired the personal finance management app Cha-Ching. On June 28, 2011, it acquired the Web banking technology assets of Mobile Money Ventures, a mobile finance provider, for an undisclosed amount. This acquisition is expected to position Intuit as the largest online and mobile technology provider to financial institutions.

On May 18, 2012, it. acquired Demandforce, an automated small business marketing, and customer communications SaaS provider for approximately $423.5 million.

On August 15, 2012, it announced an agreement to sell its 'Grow Your Business' business unit to Endurance International. The sale included the Intuit Websites and Weblistings products which had been formed from the Homestead Technologies and StepUp Commerce acquisitions.

On July 1, 2013, it announced an agreement to sell its Intuit Financial Services (IFS) business unit (formerly known as Digital Insight) to Thoma Bravo for more than $1.03 billion. On August 19, 2013, it announced that it had sold its Intuit Health business unit (formerly known as MedFusion) back to MedFusion's founder, Steve Malik.

In August 2013, Intuit Inc. acquired tax planning software Good April for an undisclosed amount. On October 23, 2013, it acquired Level Up Analytics, a data consulting firm. On October 30, 2013, it acquired Full Slate, a developer of appointment scheduling software for small businesses. In November 2013, Intuit acquired Prestwick Services, LLC, and incorporated TruPay into its Employee Management Solutions Division.

In May 2014, Intuit Inc. bought Invitco to help bookkeepers put bill processing in the cloud. In May 2014, it acquired Check for approximately $360 million to offer bill pay across small business and personal finance products. In December 2014, it. acquired Acrede, UK-based provider of global, cross-border and cloud-based payroll services.

In March 2015, Intuit Inc. acquired Playbook HR.

In January 2016, Intuit Inc. announced an agreement to sell Demandforce to Internet Brands. On March 3, 2016, Intuit announced plans to sell Quicken to H.I.G. Capital. On March 8, 2016, it announced plans to sell Quickbase to private equity firm Welsh, Carson, Anderson & Stowe. In October 2016, Intuit acquired Bankstream to integrate direct bank feeds into QuickBooks.

On May 1, 2017, Intuit announced it was selling TruPay.

On December 5, 2017, Intuit announced its acquisition of TSheets, a time-tracking and scheduling software company, for $340 million to expand its small business management offerings.

2020s

On February 24, 2020, Intuit CEO and leader Sasan Goodarzi announced that it planned to acquire Credit Karma for $7.1 billion. On August 3, 2020, Intuit announced its acquisition of TradeGecko for $100 million.

On September 13, 2021, Intuit announced its acquisition of Mailchimp for $12 billion.

In January 2024, Intuit integrated some of the functions of its personal accounting software Mint into Credit Karma's net worth product line and retired Mint.

From Wikipedia’s article on Intuit, shared under CC BY-SA 4.0.9

Former names

  • INTUIT INCOct 17, 1996 to Mar 8, 20238

Timeline

  1. Aug 25, 20268-K Results of operations; Other events81
  2. Jun 11, 20268-K Other events82
  3. May 20, 20268-K Results of operations; Exit or restructuring costs; Regulation FD disclosure83
  4. Apr 28, 20268-K Executive or director change84
  5. Mar 16, 20268-K Regulation FD disclosure85
  6. Feb 26, 20268-K Results of operations; Other events86
  7. Jan 30, 20268-K Entered a material agreement; New debt or obligation87
  8. Jan 27, 20268-K Executive or director change; Shareholder vote88
  9. Jan 12, 20268-K Entered a material agreement; New debt or obligation89
  10. Nov 20, 20258-K Results of operations; Executive or director change; Other events90
  11. Nov 20, 20258-K Other events91
  12. Aug 21, 20258-K Results of operations; Other events92
  13. Jul 3, 2019New chief executive Sasan K. Goodarzi becomes CEO22
  14. Feb 12, 2008New chief executive Brad Smith becomes CEO23
  15. 1993Went public Listed on NASDAQ1
  16. 1983Founded Founded1

Calendar

Coming up

  1. Nov 19, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported $1.88 a share, on Nov 20, 2025.93

When it reported results

  1. Aug 25, 2026Reported quarterly or annual results81
  2. May 20, 2026Reported quarterly or annual results83
  3. Feb 26, 2026Reported quarterly or annual results86
  4. Nov 20, 2025Reported quarterly or annual results90
  5. Aug 21, 2025Reported quarterly or annual results92
  6. May 22, 2025Reported quarterly or annual results94
  7. Feb 25, 2025Reported quarterly or annual results95
  8. Nov 21, 2024Reported quarterly or annual results96

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

844 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 619 insider forms, 13 large holders, 145 other. The latest 20:

  1. Oct 5, 20264 EDGAR
  2. Oct 5, 20264 EDGAR
  3. Oct 5, 20264 EDGAR
  4. Oct 5, 20264 EDGAR
  5. Oct 5, 20264 EDGAR
  6. Oct 5, 20264 EDGAR
  7. Sep 9, 20264 EDGAR
  8. Sep 9, 2026S-3ASR EDGAR
  9. Sep 9, 202610-K EDGAR
  10. Sep 9, 2026S-8 POS EDGAR
  11. Sep 3, 20264 EDGAR
  12. Sep 3, 20264 EDGAR
  13. Sep 3, 20264 EDGAR
  14. Sep 3, 20264 EDGAR
  15. Sep 3, 20264 EDGAR
  16. Sep 3, 20264 EDGAR
  17. Aug 28, 20264 EDGAR
  18. Aug 27, 2026144 EDGAR
  19. Aug 25, 20268-K EDGAR
  20. Aug 17, 20264 EDGAR

The 844 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

157 open-market trades by officers, directors and large owners since October 2021: 2 buys and 155 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 8, 2026DALZELL RICHARD LDirectorSale285$325.36$92.7KForm 4
Aug 27, 2026Hotz Lauren DSVP, Chief Accounting OfficerSale907$346.54$314.3KForm 4
Jun 23, 2026DALZELL RICHARD LDirectorSale284$262.32$74.5KForm 4
Jun 16, 2026DALZELL RICHARD LDirectorSale284$282.20$80.1KForm 4
Jun 11, 2026DALZELL RICHARD LDirectorSale338$279.86$94.6KForm 4
Jun 10, 2026DALZELL RICHARD LDirectorSale333$287.50$95.7KForm 4
Jun 9, 2026DALZELL RICHARD LDirectorSale333$297.65$99.1KForm 4
May 26, 2026PRABHU VASANT MDirectorBuy500$309.72$154.9KForm 4
May 22, 2026PRABHU VASANT MDirectorBuy1,250$309.45$386.8KForm 4
Mar 12, 2026DALZELL RICHARD LDirectorSale333$440.40$146.7KForm 4
Mar 11, 2026DALZELL RICHARD LDirectorSale333$458.10$152.5KForm 4
Mar 10, 2026DALZELL RICHARD LDirectorSale333$474.01$157.8KForm 4
Jan 7, 2026Goodarzi Sasan KChairman and CEOSale41,000$650.10$26.7MForm 4
Jan 5, 2026Aujla SandeepEVP and CFOSale1,335$629.46$840.1KForm 4
Dec 31, 2025COOK SCOTT DDirectorSale1,402$668.02$936.6KForm 4
Dec 30, 2025COOK SCOTT DDirectorSale75,000$671.56$50.4MForm 4
Dec 29, 2025COOK SCOTT DDirectorSale75,000$673.43$50.5MForm 4
Dec 19, 2025Aujla SandeepEVP and CFOSale1,098$675.00$741.2KForm 4
Dec 11, 2025DALZELL RICHARD LDirectorSale333$659.95$219.8KForm 4
Dec 10, 2025DALZELL RICHARD LDirectorSale333$653.95$217.8KForm 4

All 157 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Sasan K. GoodarziPresident and Chief Executive Officer$1.3M$36.8M101
2025Sandeep S. AujlaExecutive Vice President and Chief Financial Officer$800.0K$16.4M101
2025Marianna TesselExecutive Vice President and General Manager, Small Business Group$800.0K$16.4M101
2025Mark NotarainniExecutive Vice President and General Manager, Consumer Group$770.0K$16.2M101
2025Alex G. BalazsExecutive Vice President and Chief Technology Officer$770.0K$15.7M101
2024Sasan K. GoodarziPresident and Chief Executive Officer$1.2M$36.6M101
2024Marianna TesselExecutive Vice President and General Manager, Small Business Group$770.0K$18.3M101
2024Sandeep S. AujlaExecutive Vice President and Chief Financial Officer$770.0K$15.7M101
2024Mark NotarainniExecutive Vice President and General Manager, Consumer Group$725.0K$14.9M101
2023Sasan K. GoodarziPresident and Chief Executive Officer$1.1M$27.3M101
2023Marianna TesselExecutive Vice President and General Manager, Small Business Group$770.0K$16.2M101

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.26,252,335$6.9B0.1%+776,739
Vanguard Capital Management LLC17,958,464$4.7B0.1%−120,687
State Street Corp13,289,484$3.5B0.1%+327,335
Invesco Ltd.9,526,564$2.5B0.2%−812,466
Vanguard Portfolio Management LLC8,568,625$2.2B0.1%+287,026
Geode Capital Management, LLC6,934,202$1.8B0.1%+141,781
Norges Bank5,375,785$1.4B0.1%New
FIL Ltd5,077,870$1.3B1.0%+3,225,571
Morgan Stanley4,935,654$1.3B0.1%−753,171
Jpmorgan Chase & Co4,808,487$1.3B0.1%−8,290,372
Arrowstreet Capital, Limited Partnership4,468,170$1.2B0.5%+571,609
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC3,334,328$870.3M0.2%+215,814
Northern Trust Corp3,118,963$814.0M0.1%−216,361
State Farm Mutual Automobile Insurance Co3,058,534$798.3M0.5%No change
Eagle Capital Management LLC2,973,884$776.2M2.4%+652,719
Jane Street Group, LLC2,672,088$697.4M0.4%+2,652,185
Ninety One UK Ltd2,368,014$618.1M1.4%+487,302
Bank Of America Corp /de/2,259,926$589.8M0.0%+490,928
Charles Schwab Investment Management Inc2,180,650$569.1M0.1%+113,645
Bank of New York Mellon Corp2,163,189$564.6M0.1%−477,290
Two Sigma Investments, LP2,161,507$564.2M0.4%New
D. E. Shaw & Co., Inc.2,135,509$557.4M0.4%+2,117,580
Amundi2,128,372$555.5M0.1%+565,214
UBS Group AG2,061,831$538.1M0.1%−12,719
Goldman Sachs Group Inc2,046,061$534.0M0.1%−970,319

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

83 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 18, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000−7.6%Report
Aug 18, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−6.3%Report
Jul 10, 2026Dan NewhouseRepublican, HouseSale$1,001 - $15,000−17.8%Report
Jun 10, 2026Rick W. AllenRepublican, HouseSale$15,001 - $50,000−9.8%Report
May 22, 2026Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+0.3%Report
Apr 16, 2026Rick W. AllenRepublican, HouseSale$15,001 - $50,000+24.7%Report
Apr 14, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+21.1%Report
Apr 2, 2026Byron DonaldsRepublican, HouseSale$1,001 - $15,000+39.5%Report
Apr 2, 2026Byron DonaldsRepublican, HouseSale$1,001 - $15,000+39.5%Report
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−42.4%Report
Feb 25, 2026Markwayne Mullin, SenateSale$15,001 - $50,000+24.7%Report
Feb 20, 2026Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+25.2%Report
Feb 19, 2026Rick W. AllenRepublican, HouseSale$1,001 - $15,000+26.2%Report
Feb 18, 2026Rick W. AllenRepublican, HouseSale$15,001 - $50,000+27.7%Report
Feb 2, 2026Julia LetlowRepublican, HouseSale$1,001 - $15,000+43.2%Report
Dec 29, 2025Markwayne Mullin, SenateBuy$15,001 - $50,000−63.2%Report
Oct 1, 2025Julia LetlowRepublican, HouseBuy$1,001 - $15,000−66.9%Report
Sep 24, 2025Markwayne Mullin, SenateBuy$15,001 - $50,000−69.2%Report
Sep 11, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+67.4%Report
Sep 2, 2025John W. HickenlooperDemocratic, SenateBuy$100,001 - $250,000−70.7%Report
Aug 13, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−73.3%Report
Jun 24, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+83.7%Report
Jun 20, 2025Rick W. AllenRepublican, HouseBuy$1,001 - $15,000−86.5%Report
Jun 17, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−86.0%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$100,001 - $250,000+82.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Intuit is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARINTUIT INC.2
  • CIK0000896878
  • Employer ID (EIN)77-003466121
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company21
  • Incorporated inDelaware21
  • Fiscal year endsJuly 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address2700 Coast Avenue, Mountain View, CA 940432
  • Mailing addressP.O. Box 7850, Mountain View, CA 94039-78502
  • Phone650-944-60002
  • Shares outstanding267,236,000 shares as of Aug 31, 202621
  • Public float$135.6B as of Jan 30, 202621
  • AuditorErnst & Young LLP, San Jose, California PCAOB ID 42; it also attests to the company’s internal control over financial reporting21
  • On EDGAR sinceFeb 12, 19962
  • Filings3,003 in all: 4 (1,956), 8-K (282), SC 13G/A (104), 144 (102), 10-Q (91), S-8 (60), 3 (54), SC 13G (42)2
    All 49 form types

    4/A (34), DEF 14A (30), 10-K (28), DEFA14A (25), UPLOAD (25), CORRESP (22), 425 (13), SD (13), 424B5 (10), SC 13D/A (10), CT ORDER (8), ARS (7), DFAN14A (7), POS AM (7), 8-K/A (6), FWP (6), S-8 POS (6), SC 13D (5), 424B3 (4), PX14A6G (4), S-3 (4), S-3ASR (4), 10-K405 (3), 424B7 (3), 8-A12G/A (3), PRE 14A (3), S-4 (3), S-4/A (3), 5 (2), S-3/A (2), SCHEDULE 13G/A (2), 10-K/A (1), 10-Q/A (1), 144/A (1), 3/A (1), 424B2 (1), 8-A12G (1), D (1), EFFECT (1), REGDEX (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Sep 9, 2026
    Quarterly report (10-Q) May 20, 2026
    Proxy statement (DEF 14A) Nov 26, 2025
    Latest 8-K (8-K) Aug 25, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par valueINTUNasdaq Global Select Market

From the cover page of the 10-K filed Sep 9, 2026 (Section 12(b) of the Exchange Act).21

Risk factors and legal proceedings

The risks Intuit names in Item 1A of its 10-K filed Sep 9, 2026: 34 risks under these headings, as written.21

  • STRATEGIC RISKS
  • We face intense competitive pressures that may harm our operating results.
  • Future revenue growth depends upon our ability to adapt to technological change and successfully extend our platform, introduce new and enhanced products, features, services and business models.
  • We rely on intellectual property in our products and services.
  • Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products, services and brand.
  • Our business depends on our strong reputation and the value of our brands.
  • Our efforts related to sustainability matters expose us to risks that could adversely affect our reputation and performance.
  • Our acquisition and divestiture activities may disrupt our ongoing business, may involve increased expenses and may present risks not contemplated at the time of the transactions.
  • OPERATIONAL RISKS
  • Security incidents, improper access to or disclosure of our data or customers’ data, or other cyberattacks on our systems could harm our reputation, business, and financial condition.
  • A cybersecurity incident affecting the third parties we rely on could expose us or our customers to a risk of loss or misuse of confidential information and significantly damage our reputation.
  • Concerns about the broader cybersecurity environment could deter current and potential customers from adopting our products and services and damage our reputation.
The other 24 risks
  • If we are unable to effectively combat the increasing amount and sophistication of fraudulent activities by malicious third parties, we may suffer losses, which may be substantial, and lose the confidence of our customers and government agencies and our revenues and earnings may be harmed.
  • If we fail to process transactions effectively or fail to adequately protect against disputed or potential fraudulent activities, our business may be harmed.
  • Business interruption or failure of our information technology and communication systems may impair the availability of our products and services, which may damage our reputation and harm our future financial results.
  • We regularly invest resources to update and improve our internal information technology systems and software platforms. Should our investments not succeed, or if delays or other issues with new or existing internal technology systems and software platforms disrupt our operations, our business could be harmed.
  • If we are unable to develop, manage and maintain critical third-party business relationships, our business may be adversely affected.
  • Competition for our key employees is intense and we may not be able to attract, retain and develop the highly skilled employees we need to support our strategic objectives.
  • Uncertainty in the development, deployment, and use of artificial intelligence in our platform and products and by our customers may result in harm to our business and reputation.
  • If we experience significant product accuracy or quality problems or delays in product launches, it may harm our revenue, earnings and reputation.
  • Our international operations are subject to increased risks which may harm our business, operating results, and financial condition.
  • Climate change may have an impact on our business.
  • LEGAL AND COMPLIANCE RISKS
  • Increasing and changing regulation of our businesses may adversely affect our ability to operate or harm our operating results.
  • Complex and evolving privacy and data protection regulations or changing customer expectations could result in claims, changes to our business practices, penalties or increased cost of operations or otherwise harm our business.
  • We are frequently a party to litigation and regulatory inquiries which could result in an unfavorable outcome and have an adverse effect on our business, financial condition, results of operation and cash flows.
  • Third parties claiming that we infringe their proprietary rights may cause us to incur significant legal expenses and prevent us from selling our products.
  • We are subject to risks associated with information disseminated through our services.
  • FINANCIAL RISKS
  • The results of operations of our tax business may fluctuate from period to period due to the seasonality of the business and other factors beyond our control.
  • If actual customer refunds for our offerings exceed the amount we have reserved, our future financial results may be harmed.
  • Unanticipated changes in our income tax rates or other indirect tax may affect our future financial results.
  • Adverse global macroeconomic conditions could harm our business and financial condition.
  • We provide access to capital to small and mid-market businesses and consumers, which exposes us to risk, and may cause us material financial or reputational harm.
  • Amortization of acquired intangible assets and impairment charges may cause significant fluctuation in our net income.
  • We have incurred indebtedness and may incur other debt in the future, which may adversely affect our financial condition and future financial results.
  • We cannot guarantee that our share repurchase program will be fully consummated or that it will enhance long-term stockholder value.
  • Our stock price may be volatile and your investment could lose value.

Legal proceedings

See Note 13 to the consolidated financial statements in Item 8 of this Annual Report for a description of legal proceedings.

The opening of Item 3, Legal Proceedings.21

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