Intuit Inc (INTU)
Net profit margin
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,869,000 | 2,963,000 | 2,384,000 | 2,066,000 | 2,062,000 |
| Revenue | US$ in thousands | 18,831,000 | 16,285,000 | 14,368,000 | 12,726,000 | 9,633,000 |
| Net profit margin | 20.55% | 18.19% | 16.59% | 16.23% | 21.41% |
July 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $3,869,000K ÷ $18,831,000K
= 20.55%
The net profit margin of Intuit Inc. has exhibited fluctuations over the analyzed period from July 31, 2021, to July 31, 2025. In fiscal year 2021, the company achieved a high net profit margin of 21.41%, indicating strong profitability relative to its revenues. However, this margin declined significantly in 2022 to 16.23%, representing a decrease of approximately 5.18 percentage points, which suggests increased costs, reduced efficiency, or changing revenue dynamics during that period.
In fiscal year 2023, the net profit margin slightly recovered to 16.59%, indicating a modest improvement, yet remaining below the 2021 peak. The margin continued its upward trend in 2024, reaching 18.19%, reflecting a positive shift in profitability factors such as better cost management or revenue growth.
By fiscal year 2025, the net profit margin further increased to 20.55%, approaching its 2021 levels and demonstrating a significant recovery in profitability. This trend suggests that Intuit Inc. has been able to enhance its operational efficiency or pricing strategies, leading to increased net profitability relative to revenue.
Overall, the company's net profit margin experienced a notable dip during 2022, followed by a steady recovery in subsequent years, culminating in a margin close to its pre-2022 high by 2025. The pattern indicates periods of profitability pressure succeeded by effective measures to restore margins.
Peer comparison
Jul 31, 2025