INTUIT INC.
For the period ended Jul 31, 2025. Filed Sep 3, 2025.
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FY2025 · Filed Sep 3, 2025
INTU$340.44+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of July 31, 202 and
| INTUIT INC.CONSOLIDATED BALANCE SHEETS | ||
|---|---|---|
| July 31, | ||
| (Dollars in millions, except par value; shares in thousands) | 2025 | 2024 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,884 | $3,609 |
| Investments | 1,668 | 465 |
| Accounts receivable, net of allowance for doubtful accounts of $5 and $5 | 530 | 457 |
| Notes receivable held for investment, net | 1,403 | 779 |
| Notes receivable held for sale | — | 3 |
| Income taxes receivable | 50 | 78 |
| Prepaid expenses and other current assets | 496 | 366 |
| Current assets before funds receivable and amounts held for customers | 7,031 | 5,757 |
| Funds receivable and amounts held for customers | 7,076 | 3,921 |
| Total current assets | 14,107 | 9,678 |
| Long-term investments | 94 | 131 |
| Property and equipment, net | 961 | 1,009 |
| Operating lease right-of-use assets | 541 | 411 |
| Goodwill | 13,980 | 13,844 |
| Acquired intangible assets, net | 5,302 | 5,820 |
| Long-term deferred income tax assets | 1,222 | 698 |
| Other assets | 751 | 541 |
| Total assets | $36,958 | $32,132 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Short-term debt | $— | $499 |
| Accounts payable | 792 | 721 |
| Accrued compensation and related liabilities | 858 | 921 |
| Deferred revenue | 1,019 | 872 |
| Other current liabilities | 625 | 557 |
| Current liabilities before funds payable and amounts due to customers | 3,294 | 3,570 |
| Funds payable and amounts due to customers | 7,076 | 3,921 |
| Total current liabilities | 10,370 | 7,491 |
| Long-term debt | 5,973 | 5,539 |
| Operating lease liabilities | 597 | 458 |
| Other long-term obligations | 308 | 208 |
| Total liabilities | 17,248 | 13,696 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value Authorized - 1,345 shares total; 145 shares designated Series A; 250 shares designated Series B Junior Participating Issued and outstanding - None | — | — |
| Common stock, $0.01 par value Authorized - 750,000 shares Outstanding - 279,129 shares at July 31, 2025 and 280,268 shares at July 31, 2024 | 3 | 3 |
| Additional paid-in capital | 21,632 | 20,248 |
| Treasury stock, at cost | (21,543) | (18,750) |
| Accumulated other comprehensive loss | (50) | (54) |
| Retained earnings | 19,668 | 16,989 |
| Total stockholders’ equity | 19,710 | 18,436 |
| Total liabilities and stockholders’ equity | $36,958 | $32,132 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.