Intuit (INTU) Operating Expenses (2009 - 2026)

Intuit (INTU) posted quarterly Operating Expenses of $4.5 billion for 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.

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.

  • In Q2 2026, Operating Expenses rose 12.49% year-over-year to $4.5 billion; the TTM figure through Apr 2026 stood at $15.2 billion (up 10.37% YoY), while the FY2025 annual figure was $13.9 billion, up 9.9% from the prior year.
  • Operating Expenses rose to $4.5 billion in Q2 2026 per INTU's latest filing, from $3.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.5 billion in Q2 2026 and bottomed at $2.5 billion in Q3 2022.
  • Historically, Operating Expenses has averaged $3.2 billion across 5 years, with a median of $3.2 billion in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 63.46% — and 2023, when it rose 0.09%.
  • Intuit's Operating Expenses stood at $2.5 billion in 2022, then advanced by 5.95% to $2.7 billion in 2023, then gained by 12.77% to $3.0 billion in 2024, then climbed by 11.25% to $3.4 billion in 2025, then jumped by 35.42% to $4.5 billion in 2026.
  • Business Quant data shows INTU's Operating Expenses at $4.5 billion in Q2 2026, $3.8 billion in Q1 2026, and $3.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 875.89 Mn

Historic Data

Download Data
DateValue
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