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of Contents](#idbf5930760454252933abc9490a97153_7)\n\nUNITED STATES SECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n________________________________________\n\nFORM 10-Q\n\n☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934\n\nFor the quarterly period ended April 30, 2026\n\nOR\n\n☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934\n\nFor the transition period from ____________ to ____________ .\n\nCommission File Number 0-21180\n\nINTUIT INC.\n\n(Exact name of registrant as specified in its charter)\n\nDelaware77-0034661\n\n(State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.)\n\n2700 Coast Avenue, Mountain View, CA 94043\n\n(Address of principal executive offices) (Zip Code)\n\n(650) 944-6000\n\n(Registrant’s telephone number, including area code)\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n Title of each classTrading SymbolName of each exchange on which registered\n\n Common Stock, $0.01 par valueINTUNasdaq Global Select Market\n\nIndicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer☑Accelerated filer☐Non-accelerated filer☐Smaller reporting\ncompany☐Emerging growth\ncompany☐\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑\n\nIndicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. The number of shares (in thousands) of Common Stock, $0.01 par value, outstanding as of May 14, 2026 was 273,537.\n\nINTUIT INC.\nFORM 10-Q\nINDEX\n\nPage\n\n[PART I - FINANCIAL INFORMATION](#idbf5930760454252933abc9490a97153_13)\n\n[ITEM 1: Financial Statements (Unaudited)](#idbf5930760454252933abc9490a97153_16)\n \n\n[Condensed Consolidated Statements of Operations for the three and](#idbf5930760454252933abc9490a97153_19)[nine](#idbf5930760454252933abc9490a97153_19)[months ended](#idbf5930760454252933abc9490a97153_19)[April 30, 2026](#idbf5930760454252933abc9490a97153_19)[and 2025](#idbf5930760454252933abc9490a97153_19)\n\n[4](#idbf5930760454252933abc9490a97153_19)\n\n[Condensed Consolidated Statements of Comprehensive Income for the three and](#idbf5930760454252933abc9490a97153_22)[nine](#idbf5930760454252933abc9490a97153_22)[months ended](#idbf5930760454252933abc9490a97153_22)[April](#idbf5930760454252933abc9490a97153_22)[3](#idbf5930760454252933abc9490a97153_22)[0](#idbf5930760454252933abc9490a97153_22)[, 2026 and 2025](#idbf5930760454252933abc9490a97153_22)\n\n[5](#idbf5930760454252933abc9490a97153_22)\n\n[Condensed Consolidated Balance Sheets a](#idbf5930760454252933abc9490a97153_25)[s of](#idbf5930760454252933abc9490a97153_25)[April 30](#idbf5930760454252933abc9490a97153_25)[, 2026 and July 31, 2025](#idbf5930760454252933abc9490a97153_25)\n\n[6](#idbf5930760454252933abc9490a97153_25)\n\n[Condensed Consolidated Statements of Stockholders’ Equity for the three and](#idbf5930760454252933abc9490a97153_28)[nine](#idbf5930760454252933abc9490a97153_28)[months ended](#idbf5930760454252933abc9490a97153_28)[April 30](#idbf5930760454252933abc9490a97153_28)[, 2026 and 2025](#idbf5930760454252933abc9490a97153_28)\n\n[7](#idbf5930760454252933abc9490a97153_28)\n\n[Condensed Consolidated Statements of Cash Flows for the](#idbf5930760454252933abc9490a97153_31)[nine](#idbf5930760454252933abc9490a97153_31)[months ended](#idbf5930760454252933abc9490a97153_31)[April 30](#idbf5930760454252933abc9490a97153_31)[, 2026 and 2025](#idbf5930760454252933abc9490a97153_31)\n\n[9](#idbf5930760454252933abc9490a97153_31)\n\n[Notes to Condensed Consolidated Financial Statements](#idbf5930760454252933abc9490a97153_34)\n\n[11](#idbf5930760454252933abc9490a97153_34)\n\n[ITEM 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations](#idbf5930760454252933abc9490a97153_109)\n\n[32](#idbf5930760454252933abc9490a97153_109)\n\n[ITEM 3: Quantitative and Qualitative Disclosures about Market Risk](#idbf5930760454252933abc9490a97153_133)\n\n[47](#idbf5930760454252933abc9490a97153_133)\n\n[ITEM 4: Controls and Procedures](#idbf5930760454252933abc9490a97153_136)\n\n[49](#idbf5930760454252933abc9490a97153_136)\n\n[PART II - OTHER INFORMATION](#idbf5930760454252933abc9490a97153_139)\n \n\n[ITEM 1: Legal Proceedings](#idbf5930760454252933abc9490a97153_142)\n\n[50](#idbf5930760454252933abc9490a97153_142)\n\n[ITEM 1A: Risk Factors](#idbf5930760454252933abc9490a97153_145)\n\n[50](#idbf5930760454252933abc9490a97153_145)\n\n[ITEM 2: Unregistered Sales of Equity Securities and Use of Proceeds](#idbf5930760454252933abc9490a97153_148)\n\n[64](#idbf5930760454252933abc9490a97153_148)\n\n[ITEM 5: Other Information](#idbf5930760454252933abc9490a97153_151)\n\n[64](#idbf5930760454252933abc9490a97153_151)\n\n[ITEM 6: Exhibits](#idbf5930760454252933abc9490a97153_157)\n\n[64](#idbf5930760454252933abc9490a97153_157)\n\n[Signatures](#idbf5930760454252933abc9490a97153_160)\n\n[65](#idbf5930760454252933abc9490a97153_160)\n\nIntuit, QuickBooks, TurboTax, Credit Karma, and Mailchimp, among others, are registered trademarks and/or registered service marks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. Other parties’ marks are the property of their respective owners.\n\n Intuit Q3 Fiscal 2026 Form 10-Q\n\n2\n\nForward-Looking Statements\n\nThis Quarterly Report on Form 10-Q contains forward-looking statements that involve risks and uncertainties. Please also see the section entitled \"Risk Factors\" in Item 1A of Part II of this Quarterly Report for important information to consider when evaluating these statements. All statements in this report, other than statements that are purely historical, are forward-looking statements. Words such as “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “forecast,” “estimate,” “seek,” and similar expressions also identify forward-looking statements. In this report, forward-looking statements include, without limitation, the following:\n\n•our expectations and beliefs regarding future conduct and growth of the business;\n\n•statements regarding the impact of macroeconomic conditions on our business;\n\n•our beliefs and expectations regarding seasonality, competition, and other trends that affect our business;\n\n•our expectation that we will continue to invest significant resources in our product development, marketing and sales capabilities, including products and services incorporating artificial intelligence;\n\n•our expectation that we will continue to invest significant management attention and resources in our information technology infrastructure and in our privacy and security capabilities;\n\n•our expectation that we will work with the broader industry and government to protect our customers from fraud;\n\n•our expectation that we will generate significant cash from operations;\n\n•our expectation that total service revenue as a percentage of our total revenue will grow over the long term;\n\n•our expectations regarding the development of future products, services, business models and technology platforms, and our research and development efforts;\n\n•our assumptions underlying our critical accounting estimates, including our judgments and estimates regarding revenue recognition; the fair value of goodwill; and expected future amortization of acquired intangible assets;\n\n•our intention not to sell our investments and our belief that it is more likely than not that we will not be required to sell them before recovery at par;\n\n•our belief that the investments we hold are not other-than-temporarily impaired;\n\n•our belief that we take prudent measures to mitigate investment-related risks;\n\n•our belief that our exposure to currency exchange fluctuation risk will not be significant in the future;\n\n•our assessments and estimates that determine our effective tax rate;\n\n•our belief that our income tax valuation allowance is sufficient;\n\n•our belief that our cash and cash equivalents, investments, and cash generated from operations will be sufficient to meet our seasonal working capital needs, capital expenditure requirements, contractual obligations, commitments, debt service requirements, and other liquidity requirements associated with our operations for at least the next 12 months;\n\n•our expectation that we will return excess cash generated by operations to our stockholders through repurchases of our common stock and the payment of cash dividends, after taking into account our operating and strategic cash needs;\n\n•our judgments and assumptions relating to our loan portfolio;\n\n•our belief that our debt facilities will be available to us should we choose to borrow under them;\n\n•our expectations regarding acquisitions and their impact on business and strategic priorities;\n\n•our expectations regarding the timing and costs associated with our restructuring plan; and\n\n•our assessments and beliefs regarding the future developments and outcomes of pending legal proceedings and inquiries by regulatory authorities, the liability, if any, that Intuit may incur as a result of those proceedings and inquiries, and the impact of any potential losses or expenses associated with such proceedings or inquiries on our financial statements.\n\nWe caution investors that forward-looking statements are only predictions based on our current expectations about future events and are not guarantees of future performance. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. Risks, uncertainties, and other factors that might cause such differences, some of which could be material, include but are not limited to those discussed in the section entitled “Risk Factors” in Item 1A of Part II of this Quarterly Report. We encourage you to read carefully all information provided in this report and in our other filings with the Securities and Exchange Commission before deciding to invest in our stock or to maintain or change your investment. These forward-looking statements are based on information as of the filing date of this Quarterly Report and, except as required by law, we undertake no obligation to revise or update any forward-looking statement for any reason.\n\n Intuit Q3 Fiscal 2026 Form 10-Q\n\n3\n\n[Table of Contents](#idbf5930760454252933abc9490a97153_7)\n\nPART I - FINANCIAL INFORMATION"}