Intuit (INTU) Non-Current Deferred Tax Liability (2018 - 2024)

Intuit (INTU) posted quarterly Non-Current Deferred Tax Liability of $3.0 million for Q2 2024, down 98.42% year-over-year from $190.0 million in Q2 2023, and little changed quarter-over-quarter from $3.0 million in Q1 2024.

Intuit (INTU) Non-Current Deferred Tax Liability (2018 - 2024) Analysis & Trends

Intuit (INTU) has reported Non-Current Deferred Tax Liability for 7 consecutive years, with $3.0 million the latest figure, recorded in Q2 2024.

  • In Q2 2024, Non-Current Deferred Tax Liability fell 98.42% year-over-year to $3.0 million; the TTM figure through Apr 2024 stood at $3.0 million (down 98.42% YoY), while the FY2023 annual figure was $4.0 million, down 99.63% from the prior year.
  • Non-Current Deferred Tax Liability steadied at $3.0 million in Q2 2024 per INTU's latest filing, from $3.0 million in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $1.1 billion in Q3 2022 and bottomed at $3.0 million in Q4 2023.
  • Historically, Non-Current Deferred Tax Liability has averaged $370.1 million across 5 years, with a median of $320.0 million in 2023.
  • Annual changes were most pronounced in 2021 — Non-Current Deferred Tax Liability soared 2795.45% — and 2023, when it plunged 99.63%.
  • Intuit's Non-Current Deferred Tax Liability stood at $201.0 million in 2020, then surged by 152.74% to $508.0 million in 2021, then gained by 15.75% to $588.0 million in 2022, then sank by 99.49% to $3.0 million in 2023, then changed by 0.0% to $3.0 million in 2024.
  • Business Quant data shows INTU's Non-Current Deferred Tax Liability at $3.0 million in Q2 2024, $3.0 million in Q1 2024, and $3.0 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn

Historic Data

Download Data
DateValue
Apr 30, 2024 3.00 Mn
Apr 30, 2024 3.00 Mn
Jan 31, 2024 3.00 Mn
Jan 31, 2024 3.00 Mn
Oct 31, 2023 3.00 Mn
Oct 31, 2023 3.00 Mn
Jul 31, 2023 4.00 Mn
Jul 31, 2023 4.00 Mn
Apr 30, 2023 190.00 Mn
Apr 30, 2023 190.00 Mn
Jan 31, 2023 320.00 Mn
Jan 31, 2023 320.00 Mn
Oct 31, 2022 588.00 Mn
Oct 31, 2022 588.00 Mn
Jul 31, 2022 1.07 Bn
Jul 31, 2022 1.07 Bn
Apr 30, 2022 608.00 Mn
Apr 30, 2022 608.00 Mn
Jan 31, 2022 506.00 Mn
Jan 31, 2022 506.00 Mn