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| 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 |