Intuit (INTU) Operating Expenses (2009 - 2026)
Intuit's (INTU) quarterly Operating Expenses came in at $4.5 billion in Q2 2026, up 12.49% year-over-year from $4.0 billion in Q2 2025, and up 19.55% quarter-over-quarter from $3.8 billion in Q1 2026.
Analysis
Intuit (INTU) Operating Expenses (2009 - 2026) Analysis & Trends
Intuit (INTU) has reported Operating Expenses for 18 consecutive years, with $4.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 12.49% year-over-year to $4.5 billion in Q2 2026; TTM through Apr 2026 was $15.2 billion, a 10.37% increase from a year earlier, with the FY2025 full-year figure at $13.9 billion, up 9.9% from the prior year.
- Operating Expenses was $4.5 billion for Q2 2026 at Intuit, up from $3.8 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $4.5 billion in Q2 2026 and troughed at $2.5 billion in Q3 2022.
- A 5-year average of $3.2 billion and a median of $3.2 billion in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 63.46% in 2022 and increased 0.09% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $2.5 billion in 2022, then rose by 5.95% to $2.7 billion in 2023, then increased by 12.77% to $3.0 billion in 2024, then gained by 11.25% to $3.4 billion in 2025, then surged by 35.42% to $4.5 billion in 2026.
- The last three Operating Expenses figures came in at $4.5 billion (Q2 2026), $3.8 billion (Q1 2026), and $3.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 4.54 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 136.56 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 181.16 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 390.44 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 131.69 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 19.25 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 98,357.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 4.54 Bn |
| Jan 31, 2026 | 3.80 Bn |
| Oct 31, 2025 | 3.35 Bn |
| Jul 31, 2025 | 3.49 Bn |
| Apr 30, 2025 | 4.03 Bn |
| Jan 31, 2025 | 3.37 Bn |
| Oct 31, 2024 | 3.01 Bn |
| Jul 31, 2024 | 3.34 Bn |
| Apr 30, 2024 | 3.63 Bn |
| Jan 31, 2024 | 3.02 Bn |
| Oct 31, 2023 | 2.67 Bn |
| Jul 31, 2023 | 2.70 Bn |
| Apr 30, 2023 | 3.24 Bn |
| Jan 31, 2023 | 2.77 Bn |
| Oct 31, 2022 | 2.52 Bn |
| Jul 31, 2022 | 2.49 Bn |
| Apr 30, 2022 | 3.24 Bn |
| Jan 31, 2022 | 2.62 Bn |
| Oct 31, 2021 | 1.81 Bn |
| Jul 31, 2021 | 2.16 Bn |