CSIMarket
 


Intuit Inc   (INTU)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

INTU's Operating Income Growth by Quarter and Year

Intuit Inc 's Operating Income results by quarter and year




INTU Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter July - 17.00 -75.00 402.00
III Quarter April - 2,778.00 2,395.00 1,914.00
II Quarter January - 270.00 56.00 -25.00
I Quarter October 307.00 76.00 195.00 209.00
FY   307.00 3,141.00 2,571.00 2,500.00



INTU Operating Income first quarter 2024 Y/Y Growth Comment
Intuit Inc achieved in the first quarter 2024, above Company average Operating Income surge of 303.95% year on year, to $ 307.00 millions.

Looking into first quarter 2024 results within Software & Programming industry 35 other companies have achieved higher Operating Income growth. While Intuit Inc ' s Operating Income doubling of 303.95% ranks overall at the positon no. 1496 in the first quarter 2024.

Explain Operating Income growth


INTU Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter July - - - -16.77 %
III Quarter April - 15.99 % 25.13 % 35.46 %
II Quarter January - 382.14 % - -
I Quarter October 303.95 % -61.03 % -6.7 % 1990 %
FY   - 22.17 % 2.84 % 14.89 %

Financial Statements
Intuit Inc 's first quarter 2024 Operating Income $ 307.00 millions INTU's Income Statement
Intuit Inc 's first quarter 2023 Operating Income $ 76.00 millions Quarterly INTU's Income Statement
New: More INTU's historic Operating Income Growth >>


INTU Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter July - -99.39 % - -79 %
III Quarter April - 928.89 % 4176.79 % -
II Quarter January - 255.26 % -71.28 % -
I Quarter October 1705.88 % - -51.49 % -56.73 %
FY (Year on Year)   - 22.17 % 2.84 % 14.89 %




Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #36
Technology Sector #149
Overall #1496

Operating Income Y/Y Growth Statistics
High Average Low
116.1 % 13.88 % -52.63 %
(March 31, 2016)   (March 31, 2015)
Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #36
Technology Sector #149
Overall #1496
Operating Income Y/Y Growth Statistics
High Average Low
116.1 % 13.88 % -52.63 %
(March 31, 2016)   (March 31, 2015)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Intuit Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
7975 % 1167.3 % -99.39 %
(Apr 30 2018)  


INTU's I. Quarter Q/Q Operating Income Comment
Intuit Inc achieved in the I. Quarter 2024 above company average sequential Operating Income doubling of 1705.88%, to $ 307.00 millions, from $17.00 millions in the fourth quarter.
Intuit Inc is impressively improving, not only reporting higher then average gain, and also accelerating pace, Ritvik Rao , Software & Programming industry advisor located in New Delhi added.

Within Software & Programming industry 49 other companies have achieved higher Operating Income quarter on quarter growth. While Intuit Inc 's Operating Income growth quarter on quarter, overall rank is 2221.


Operating Income Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #50
Technology Sector #203
Overall #2221
Operating Income Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #50
Technology Sector #203
Overall #2221
Operating Income Q/Q Growth Statistics
High Average Low
7975 % 1167.3 % -99.39 %
(Apr 30 2018)  


INTU's I. Quarter Q/Q Operating Income Comment
Intuit Inc achieved in the I. Quarter 2024 above company average sequential Operating Income doubling of 1705.88%, to $ 307.00 millions, from $17.00 millions in the fourth quarter.
INTU is undergoing a remarkable growth, with claiming above regular growth, and also increasing rate.

Within Software & Programming industry 49 other companies have achieved higher Operating Income quarter on quarter growth. While Intuit Inc 's Operating Income growth quarter on quarter, overall rank is 2221.


Intuit Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Oct 31 2023)
12 Months Ending
(Jul 31 2023)
12 Months Ending
(Apr 30 2023)
12 Months Ending
(Jan 31 2023)
12 Months Ending
(Oct 31 2022)
Cumulative Operating Income 12 Months Ending $ 3,372.00 $ 3,141.00 $ 3,049.00 $ 2,666.00 $ 2,452.00
Y / Y Operating Income Growth (TTM) 37.52 % 22.17 % 0.03 % 3.86 % -1.37 %
Year on Year Operating Income Growth Overall Ranking # 1148 # 789 # 569 # 1159 # 1283
Seqeuential Operating Income Change (TTM) 7.35 % 3.02 % 14.37 % 8.73 % -4.63 %
Seq. Operating Income Growth (TTM) Overall Ranking # 1555 # 779 # 968 # 1604 # 1312




Cumulative Operating Income growth Comment
Intuit Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 37.52% year on year, to $ 3,372 millions if the fiscal year would have ended in Oct 31 2023.
Intuit Inc 's trailing twelve months Operating Income growth was higher than company's average 13.88% and higher than 22.17% growth in Jul 31 2023.
But from the previous reporting period increase was less at 7.35 % from $3141 millions recorded in twelve months ending a quarter Jul 31 2023.
There is drop-off happening, more obvious as we look at usual Q/Q TTM historic advancement which is stronger at13.88%.
The progress is even stronger from twelve months ended Jul 31 2023 exhibited at 7.35 % increase from $3141 millions in twelve months ending a quarter Jul 31 2023.

In the Technology sector 132 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 789 to 1148.

Operating Income TTM Q/Q Growth Statistics
High Average Low
116.1 %
13.88 %
-52.63 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 37
Technology Sector # 133
Overall # 1148

Operating Income TTM Y/Y Growth Statistics
High Average Low
116.1 %
13.88 %
-52.63 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 37
Sector # 163
S&P 500 # 1555
Cumulative Operating Income growth Comment
Intuit Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 37.52% year on year, to $ 3,372 millions if the fiscal year would have ended in Oct 31 2023.
Intuit Inc 's trailing twelve months Operating Income growth was higher than company's average 13.88% and higher than 22.17% growth in Jul 31 2023.
But from twelve months ended Jul 31 2023 rise was beneth at 7.35 % from $3141 millions achieved in twelve months ending a quarter Jul 31 2023.
We witness stagnation happening, more obvious as we look at usual sequential Operating Income advancement which is higher at 13.88%.
The growth was even more impressive sequentially exhibited at 7.35 % jump from $3141 millions in the period from Jul 31 2023 to Oct 31 2022.

In the Technology sector 132 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 789 to 1148.

Operating Income TTM Q/Q Growth Statistics
High Average Low
116.1 %
13.88 %
-52.63 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 37
Technology Sector # 133
Overall # 1148

Operating Income TTM Y/Y Growth Statistics
High Average Low
116.1 %
13.88 %
-52.63 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 37
Sector # 163
S&P 500 # 1555




Other Operating Income Growth
Software & Programming Industry Operating Income Growth Trends and Statistics
Technology Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
INTU's Operating Income Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for INTU's Competitors
Operating Income Growth for Intuit Inc 's Suppliers
Operating Income Growth for INTU's Customers

You may also want to know
INTU's Annual Growth Rates INTU's Profitability Ratios INTU's Asset Turnover Ratio INTU's Dividend Growth
INTU's Roe INTU's Valuation Ratios INTU's Financial Strength Ratios INTU's Dividend Payout Ratio
INTU's Roa INTU's Inventory Turnover Ratio INTU's Growth Rates INTU's Dividend Comparisons



Companies with similar Operating Income doubling for the quarter ending Oct 31 2023 within Technology SectorY/Y Change %Operating Income for the quarter ending Oct 31 2023
Intuit Inc 303.95%$ 303.947 millions
Zoom Video Communications Inc 154.69%$ 154.690 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com