Intuit (INTU) Net Margin (2009 - 2026)
Intuit's (INTU) quarterly Net Margin came in at 35.8% in Q2 2026, down 57.0% year-over-year from 83.26% in Q2 2025, and up 140.29% quarter-over-quarter from 14.9% in Q1 2026.
Analysis
Intuit (INTU) Net Margin (2009 - 2026) Analysis & Trends
Intuit (INTU) has reported Net Margin for 18 consecutive years, with 35.8% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 57.0% year-over-year to 35.8% in Q2 2026; TTM through Apr 2026 was 21.91%, a 284.0% increase from a year earlier, with the FY2025 full-year figure at 20.55%, up 235.0% from the prior year.
- Net Margin was 35.8% for Q2 2026 at Intuit, up from 14.9% in the prior quarter.
- Over five years, Net Margin peaked at 36.37% in Q2 2025 and troughed at 2.32% in Q3 2022.
- A 5-year average of 14.34% and a median of 10.19% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 1716 bps in 2022 and jumped 1057 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 1.54% in 2022, then surged by 425 bps to 8.09% in 2023, then decreased by 26 bps to 6.0% in 2024, then soared by 91 bps to 11.48% in 2025, then soared by 212 bps to 35.8% in 2026.
- The last three Net Margin figures came in at 35.8% (Q2 2026), 14.9% (Q1 2026), and 11.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 35.80% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.26% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -9.31% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -4.23% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.60% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -11.37% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 35.80% |
| Jan 31, 2026 | 14.90% |
| Oct 31, 2025 | 11.48% |
| Jul 31, 2025 | 9.95% |
| Apr 30, 2025 | 36.37% |
| Jan 31, 2025 | 11.88% |
| Oct 31, 2024 | 6.00% |
| Jul 31, 2024 | -0.63% |
| Apr 30, 2024 | 35.46% |
| Jan 31, 2024 | 10.43% |
| Oct 31, 2023 | 8.09% |
| Jul 31, 2023 | 3.28% |
| Apr 30, 2023 | 34.68% |
| Jan 31, 2023 | 5.52% |
| Oct 31, 2022 | 1.54% |
| Jul 31, 2022 | -2.32% |
| Apr 30, 2022 | 31.85% |
| Jan 31, 2022 | 3.74% |
| Oct 31, 2021 | 11.36% |
| Jul 31, 2021 | 14.84% |