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-on-year from $4.0 billion in Q2 2025, and up 19.55% on a QoQ basis from $3.8 billion in Q1 2026.
Intuit (INTU) Operating Expenses (2009 - 2026) Analysis & Trends
Intuit (INTU) has 18 years of Operating Expenses data on file, last reported at $4.5 billion 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 for Q2 2026 stood at $4.5 billion, up from $3.8 billion in the prior quarter.
- Over the last five years, Operating Expenses for INTU reached as high as $4.5 billion in Q2 2026 and fell as low as $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.
- Across the five-year window, Operating Expenses jumped 63.46% in 2022 and grew 0.09% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $2.5 billion in 2022, then grew by 5.95% to $2.7 billion in 2023, then climbed by 12.77% to $3.0 billion in 2024, then increased by 11.25% to $3.4 billion in 2025, then soared by 35.42% to $4.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Intuit | 77.01 Bn | 70.23 Bn | 7.24 Bn | 4.54 Bn |
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 |