Intuit Inc. (INTU) Balance Sheet
INTU balance sheet, FY2026
July 31, 2026 · U.S. dollars$36.79B assets = $17.79B liabilities + $18.99B equity
Both columns are drawn to the same scale: what INTU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
INTU financial health
Current ratio1.51
Comfortable · current assets cover current liabilities 1.51×
Debt / equity0.44
Low leverage · $0.44 of debt for each $1 of equity
Equity / assets51.6%
Equity-funded · of assets funded by shareholders
Cash / debt85.5%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles50.6%
Mostly intangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
INTU balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.07BFY2017 | $36.79BFY2026 | +27.7%/yr | |
| Total liabilities | $2.71BFY2017 | $17.79BFY2026 | +23.2%/yr | |
| Shareholders’ equity | $1.35BFY2017 | $18.99BFY2026 | +34.1%/yr | |
| Cash & short-term investments | $777.0MFY2017 | $7.20BFY2026 | +28.1%/yr | |
| Total debt | $488.0MFY2017 | $8.42BFY2026 | +37.2%/yr | |
| Net cash (debt) | $289.0MFY2017 | −$1.22BFY2026 | −$1.5B | |
| Working capital | −$529.0MFY2017 | $5.15BFY2026 | +$5.7B | |
| Book value per share | $5.19FY2017 | $68.56FY2026 | +33.2%/yr | |
| Current ratio | 0.73FY2017 | 1.51FY2026 | +0.78 | |
| Debt / equity | 0.36FY2017 | 0.44FY2026 | +0.08 | |
| Shares outstanding | 261.0MFY2017 | 277.0MFY2026 | +0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
INTU assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
INTU liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
INTU debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
INTU balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.20B | $4.55B | $4.07B | $3.66B | $3.28B | $3.87B | $7.05B | $2.74B | $1.72B | $777.0M |
| Cash & equivalents | $4.71B | $2.88B | $3.61B | $2.85B | $2.80B | $2.56B | $6.44B | $2.12B | $1.46B | $529.0M |
| Short-term investments | $2.50B | $1.67B | $465.0M | $814.0M | $485.0M | $1.31B | $608.0M | $624.0M | $252.0M | $248.0M |
| Receivables | $625.0M | $1.98B | $1.32B | $1.12B | $1.05B | $646.0M | $161.0M | $152.0M | $137.0M | $166.0M |
| Inventory | $0 | $0 | −$857.0M | $420.0M | $0 | −$1.43B | −$620.0M | −$689.0M | $0 | $0 |
| Other current assets | $7.49B | $7.57B | $5.14B | $354.0M | $718.0M | $2.07B | $1.39B | $1.39B | $569.0M | $472.0M |
| Total current assets | $15.31B | $14.11B | $9.68B | $5.56B | $5.05B | $5.16B | $7.98B | $3.59B | $2.42B | $1.42B |
| Property, plant & equipment (net) | $1.63B | $1.50B | $1.42B | $1.44B | $1.44B | $1.16B | $960.0M | $780.0M | $812.0M | $1.03B |
| Goodwill & intangible assets | $18.62B | $19.28B | $19.66B | $20.20B | $20.80B | $8.87B | $1.68B | $1.71B | $1.67B | $1.32B |
| Long-term investments | $248.0M | $94.0M | $131.0M | $105.0M | $98.0M | $43.0M | $19.0M | $13.0M | $13.0M | $31.0M |
| Other non-current assets | $972.0M | $1.97B | $1.24B | $481.0M | $355.0M | $291.0M | $290.0M | $187.0M | $259.0M | $275.0M |
| Total assets | $36.79B | $36.96B | $32.13B | $27.78B | $27.73B | $15.52B | $10.93B | $6.28B | $5.18B | $4.07B |
| Liabilities | ||||||||||
| Accounts payable | $873.0M | $792.0M | $721.0M | $638.0M | $737.0M | $623.0M | $305.0M | $274.0M | $178.0M | $157.0M |
| Short-term debt | $1.33B | $69.0M | $570.0M | $1.36B | $583.0M | $66.0M | $1.38B | $50.0M | $50.0M | $50.0M |
| Deferred revenue | $1.07B | $8.10B | $4.79B | $1.34B | $1.24B | $1.14B | $1.11B | $1.05B | $948.0M | $1.26B |
| Total current liabilities | $10.16B | $10.37B | $7.49B | $3.79B | $3.63B | $2.65B | $3.53B | $1.97B | $1.74B | $1.94B |
| Long-term debt | $6.42B | $5.97B | $5.54B | $6.12B | $6.42B | $2.03B | $2.03B | $386.0M | $388.0M | $438.0M |
| Lease obligations | $752.0M | $666.0M | $529.0M | $480.0M | $542.0M | $380.0M | $267.0M | — | — | — |
| Other long-term liabilities | $1.21B | $905.0M | $666.0M | $601.0M | $1.25B | $958.0M | $265.0M | $182.0M | $187.0M | $332.0M |
| Total liabilities | $17.79B | $17.25B | $13.70B | $10.51B | $11.29B | $5.65B | $5.83B | $2.53B | $2.32B | $2.71B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M |
| Retained earnings (deficit) | $19.05B | $19.67B | $16.99B | $15.07B | $13.58B | $12.30B | $10.88B | $9.62B | $8.10B | $7.30B |
| Treasury stock | — | — | — | −$16.77B | −$14.80B | −$12.95B | — | −$11.61B | −$11.05B | −$10.78B |
| Accumulated other comprehensive income | −$57.0M | −$50.0M | −$54.0M | −$55.0M | −$60.0M | −$24.0M | −$32.0M | −$36.0M | −$35.0M | −$22.0M |
| Total shareholders' equity | $18.99B | $19.71B | $18.44B | $17.27B | $16.44B | $9.87B | $5.11B | $3.75B | $2.35B | $1.35B |
| Key figures | ||||||||||
| Total debt | $8.42B | $6.64B | $6.57B | $7.48B | $7.54B | $2.48B | $3.64B | $436.0M | $438.0M | $488.0M |
| Net cash (debt) | −$1.22B | −$2.09B | −$2.49B | −$3.82B | −$4.26B | $1.39B | $3.41B | $2.30B | $1.28B | $289.0M |
| Working capital | $5.15B | $3.74B | $2.19B | $1.77B | $1.42B | $2.50B | $4.45B | $1.63B | $679.0M | −$529.0M |
| Tangible book value | $369.0M | $428.0M | −$1.23B | −$2.93B | −$4.36B | $1.00B | $3.42B | $2.04B | $682.0M | $37.0M |
| Book value per share | $68.56 | $69.65 | $64.92 | $61.02 | $57.89 | $36.15 | $19.34 | $14.20 | $9.02 | $5.19 |
| Shares outstanding | 277.0M | 283.0M | 284.0M | 283.0M | 284.0M | 273.0M | 264.0M | 264.0M | 261.0M | 261.0M |
| Current ratio | 1.51 | 1.36 | 1.29 | 1.47 | 1.39 | 1.94 | 2.26 | 1.83 | 1.39 | 0.73 |
| Quick ratio | 0.77 | 0.63 | 0.72 | 1.26 | 1.19 | 1.70 | 2.04 | 1.47 | 1.06 | 0.49 |
| Debt / equity | 0.44 | 0.34 | 0.36 | 0.43 | 0.46 | 0.25 | 0.71 | 0.12 | 0.19 | 0.36 |
| Equity / assets | 51.6% | 53.3% | 57.4% | 62.2% | 59.3% | 63.6% | 46.7% | 59.7% | 45.5% | 33.3% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.20B | $6.78B | $2.98B | $3.70B | $4.55B | $6.17B | $2.46B | $3.36B | $4.07B | $4.68B | $1.49B | $2.27B |
| Cash & equivalents | $4.71B | $4.68B | $2.94B | $3.51B | $2.88B | $5.44B | $2.44B | $2.87B | $3.61B | $4.21B | $1.47B | $1.73B |
| Short-term investments | $2.50B | $2.10B | $33.0M | $190.0M | $1.67B | $731.0M | $24.0M | $486.0M | $465.0M | $463.0M | $15.0M | $537.0M |
| Receivables | $625.0M | $2.62B | $3.08B | $2.13B | $1.98B | $7.23B | $5.82B | $1.34B | $1.32B | $1.50B | $2.06B | $1.05B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.39B | $2.52B |
| Other current assets | $7.49B | $8.44B | $5.65B | $4.60B | $7.57B | $559.0M | $859.0M | $6.02B | $4.29B | $3.06B | $366.0M | $388.0M |
| Total current assets | $15.31B | $17.84B | $11.70B | $10.42B | $14.11B | $13.96B | $9.13B | $10.73B | $9.68B | $9.24B | $7.30B | $6.23B |
| Property, plant & equipment (net) | $1.63B | $1.60B | $1.57B | $965.0M | $1.50B | $1.53B | $1.51B | $1.55B | $1.42B | $1.46B | $1.49B | $1.47B |
| Goodwill & intangible assets | $18.62B | $18.79B | $18.95B | $19.12B | $19.28B | $19.24B | $19.35B | $19.51B | $19.66B | $19.73B | $19.88B | $20.04B |
| Long-term investments | $248.0M | $176.0M | $127.0M | $92.0M | $94.0M | $88.0M | $88.0M | $90.0M | $131.0M | $129.0M | $128.0M | $107.0M |
| Other non-current assets | $972.0M | $931.0M | $1.93B | $2.60B | $1.97B | $1.76B | $1.60B | $1.32B | $1.24B | $1.01B | $884.0M | $643.0M |
| Total assets | $36.79B | $39.33B | $34.28B | $33.19B | $36.96B | $36.59B | $31.68B | $33.19B | $32.13B | $31.56B | $29.69B | $28.49B |
| Liabilities | ||||||||||||
| Accounts payable | $11.04B | $1.10B | $9.79B | $670.0M | $792.0M | $1.00B | $1.04B | $652.0M | $721.0M | $886.0M | $789.0M | $630.0M |
| Short-term debt | $1.33B | $833.0M | $831.0M | $749.0M | $69.0M | $567.0M | $559.0M | $564.0M | $570.0M | $78.0M | $81.0M | $84.0M |
| Deferred revenue | $1.07B | $1.05B | $1.14B | $1.04B | $8.10B | $6.18B | $4.36B | $6.50B | $4.79B | $3.56B | $4.28B | $3.29B |
| Total current liabilities | $10.16B | $12.28B | $8.84B | $7.52B | $10.37B | $9.65B | $7.18B | $8.62B | $7.49B | $6.16B | $6.22B | $5.00B |
| Long-term debt | $6.42B | $5.41B | $5.41B | $5.39B | $5.97B | $5.91B | $5.76B | $5.62B | $5.54B | $5.95B | $5.95B | $5.88B |
| Lease obligations | $752.0M | $738.0M | $728.0M | $721.0M | $666.0M | $681.0M | $632.0M | $657.0M | $529.0M | $546.0M | $554.0M | $558.0M |
| Other long-term liabilities | $1.21B | $1.01B | $972.0M | $959.0M | $905.0M | $908.0M | $794.0M | $813.0M | $666.0M | $688.0M | $614.0M | $621.0M |
| Total liabilities | $17.79B | $18.70B | $15.23B | $13.87B | $17.25B | $16.47B | $13.73B | $15.06B | $13.70B | $12.80B | $12.78B | $11.50B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3.0M | $22.75B | $22.34B | $22.00B | $3.0M | $21.38B | $21.00B | $20.62B | $3.0M | $20.04B | $19.74B | $19.40B |
| Retained earnings (deficit) | $19.05B | $22.85B | $20.12B | $19.77B | $19.67B | $19.59B | $17.06B | $16.89B | $16.99B | $17.27B | $15.14B | $15.05B |
| Accumulated other comprehensive income | −$57.0M | −$54.0M | −$49.0M | −$51.0M | −$50.0M | −$46.0M | −$64.0M | −$54.0M | −$54.0M | −$58.0M | −$60.0M | −$78.0M |
| Total shareholders' equity | $18.99B | $20.63B | $19.05B | $19.32B | $19.71B | $20.12B | $17.95B | $18.14B | $18.44B | $18.76B | $16.91B | $16.99B |
| Key figures | ||||||||||||
| Total debt | $8.42B | $6.90B | $7.53B | $6.78B | $6.64B | $7.09B | $6.89B | $6.78B | $6.57B | $6.50B | $6.50B | $6.44B |
| Net cash (debt) | −$1.22B | −$120.0M | −$4.56B | −$3.09B | −$2.09B | −$913.0M | −$4.43B | −$3.42B | −$2.49B | −$1.82B | −$5.01B | −$4.17B |
| Working capital | $5.15B | $5.56B | $2.86B | $2.90B | $3.74B | $4.31B | $1.96B | $2.11B | $2.19B | $3.07B | $1.08B | $1.24B |
| Tangible book value | $369.0M | $1.84B | $101.0M | $206.0M | $428.0M | $881.0M | −$1.40B | −$1.37B | −$1.23B | −$971.0M | −$2.98B | −$3.04B |
| Book value per share | $69.82 | $74.74 | $67.81 | $68.76 | $69.89 | $71.37 | $63.42 | $64.08 | $64.92 | $66.05 | $59.54 | $60.04 |
| Shares outstanding | 272.0M | 276.0M | 281.0M | 281.0M | 282.0M | 282.0M | 283.0M | 283.0M | 284.0M | 284.0M | 284.0M | 283.0M |
| Current ratio | 1.51 | 1.45 | 1.32 | 1.39 | 1.36 | 1.45 | 1.27 | 1.24 | 1.29 | 1.50 | 1.17 | 1.25 |
| Quick ratio | 0.77 | 0.77 | 0.68 | 0.77 | 0.63 | 1.39 | 1.15 | 0.55 | 0.72 | 1.00 | 0.57 | 0.66 |
| Debt / equity | 0.44 | 0.33 | 0.40 | 0.35 | 0.34 | 0.35 | 0.38 | 0.37 | 0.36 | 0.35 | 0.38 | 0.38 |
| Equity / assets | 51.6% | 52.5% | 55.6% | 58.2% | 53.3% | 55.0% | 56.7% | 54.6% | 57.4% | 59.4% | 57.0% | 59.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 9, 2026); data from EODHD.
INTU financial position
At the end of fiscal 2026 (July 31, 2026), Intuit had total assets of $36.8 billion (down 0.5% from a year earlier), total liabilities of $17.8 billion and shareholders' equity of $19.0 billion. It held $7.2 billion in cash and short-term investments against $8.4 billion of debt, net debt of $1.2 billion. Its current ratio was 1.51.
Related: INTU income statement, INTU cash flow statement, INTU key metrics. See the INTU stock overview for the latest quote and news.
INTU balance sheet FAQ
What are Intuit's total assets?
Intuit reported total assets of $36.8 billion at the end of fiscal 2026 (July 31, 2026), compared with $37.0 billion a year earlier.
How much debt does Intuit have?
Intuit had $8.4 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.44.
How much cash does Intuit have?
Intuit held $7.2 billion in cash and short-term investments at the end of fiscal 2026; with $8.4 billion of debt that is net debt of $1.2 billion.
What is Intuit's book value?
Intuit's shareholders' equity (book value) was $19.0 billion at the end of fiscal 2026, or $68.56 per share.
What is Intuit's current ratio?
Intuit had current assets of $15.3 billion and current liabilities of $10.2 billion, a current ratio of 1.51 (it can cover its short-term obligations).
How much goodwill does Intuit have?
Intuit carried $18.6 billion of goodwill and intangible assets, 50.6% of total assets, at the end of fiscal 2026.