Company facts
- Industry
- Services-Prepackaged Software
- Headquarters
- Mountain View, California
- Most recent report
- 10-K, filed Sep 9, 2026
- Incorporated
- Delaware
- Filings on record
- 1,000+ filings
- On EDGAR
- CIK 896878
- Fiscal year ends
- July
- Filer status
- Large accelerated filer
Financials 8 of 25
News 8 of 60
Prospectuses and Registrations 8 of 16
- S-3ASR Automatic shelf registration Sep 9, 2026
- S-8 POS Post-effective amendment to an employee plan registration Sep 9, 2026
- 424B5 Prospectus supplement for an offering Jun 10, 2026
- FWP Free writing prospectus Jun 8, 2026
- 424B5 Prospectus supplement for an offering Jun 8, 2026
- S-8 Registration statement for an employee plan Feb 22, 2024
- 424B5 Prospectus supplement for an offering Sep 14, 2023
- FWP Free writing prospectus Sep 13, 2023
Proxies 8 of 16
- PX14A6G Shareholder's own proxy material Dec 22, 2025
- DEFA14A Extra proxy material Nov 26, 2025
- DEF 14A Proxy statement for a shareholder vote Nov 26, 2025
- DEFA14A Extra proxy material Nov 27, 2024
- DEF 14A Proxy statement for a shareholder vote Nov 27, 2024
- PRE 14A Preliminary proxy statement Nov 15, 2024
- PX14A6G Shareholder's own proxy material Jan 12, 2024
- PX14A6G Shareholder's own proxy material Dec 6, 2023
Ownership 8 of 866
- 4 Insider reported a trade Sep 9, 2026
- 4 Insider reported a trade Sep 3, 2026
- 4 Insider reported a trade Sep 3, 2026
- 4 Insider reported a trade Sep 3, 2026
- 4 Insider reported a trade Sep 3, 2026
- 4 Insider reported a trade Sep 3, 2026
- 4 Insider reported a trade Sep 3, 2026
- 4 Insider reported a trade Aug 28, 2026
Other 8 of 17
- SD Conflict minerals disclosure May 28, 2026
- ARS Annual report sent to shareholders Nov 26, 2025
- SD Conflict minerals disclosure May 29, 2025
- ARS Annual report sent to shareholders Nov 27, 2024
- SD Conflict minerals disclosure May 31, 2024
- UPLOAD Comment letter from SEC staff Mar 13, 2024
- CORRESP Reply to SEC staff Mar 8, 2024
- UPLOAD Comment letter from SEC staff Feb 23, 2024
What to read: FY2026 10-K
SECSift found 3 of 27 sections worth reading, with 2 positive, 13 notable, and 1 negative flags.
Risk Factors (Item 1A)
Company-specific risks: FTC order, IRS competition, tax season concentration, AI Act.Notable- IRS free direct filing system suspended, but proponents continue to advocate for it - potential future competition.
- Government-funded tax services could have material adverse revenue implications on Intuit.
- EU AI Act went into force in 2025, regulating AI systems affecting EU individuals - adds compliance costs.
- Revenue concentrated November-April; unanticipated deadline changes could exacerbate seasonality impact.
Management's Discussion (Item 7)
MD&A contains all key financial results, restructuring plan, and segment changes.Notable- $293M restructuring charge recorded; total plan cost estimated at $315M with workforce reduction.
- TurboTax federal units declined, partially offsetting growth in assisted tax and money offerings.
- Reclassified $606M (2025) and $585M (2024) from Consumer to corporate expenses, changing comparability.
- New U.S. tax law reinstates R&D expensing, reducing deferred tax assets and taxes payable in FY2026.
- Issued $1.75B senior notes in June 2026; used $750M to repay maturing notes.
Financial Statements (Item 8)
Contains audited financial statements and key notes (revenue, profit, cash, debt, legal).Notable- Combined Consumer, Credit Karma, ProTax into one Consumer segment; Mailchimp to separate in FY2027.
- Retired all $27.0B of treasury stock on July 23, 2026; reduced APIC and retained earnings with no net equity impact.
- Purchased $6.2B in business loans in FY2026, up from $3.5B in FY2025; provision for credit losses rose to $237M.
- Two shareholder class actions filed July/Aug 2026 alleging securities law violations; FTC order vacated by Fifth Circuit.
What changed: FY2026 vs. FY2025
About 11% of INTU's FY2026 10-K is new information. 124 paragraphs were added, 402 changed, and 179 removed. Below are the most important lines SECSift identified.
New
- Retired 233 million treasury shares worth $27.0 billion, reducing APIC by $23.2 billion and retained earnings by $3.8 billion. Financial Statements (Item 8)
- Added Second Supplemental Indenture, 4.950% Senior Note due 2031, and 5.500% Senior Note due 2036. Exhibits (Item 15)
- Added 'Equity Compensation Plan Information' section to the list of incorporated proxy sections. Security Ownership (Item 12)
- Added Credit Agreement dated Jan 9, 2026 and Revolving Credit Agreement dated Jan 30, 2026. Exhibits (Item 15)
- Added disclosure that Intuit now uses purchased and internally developed tools, including AI-powered security tools. Cybersecurity (Item 1C)
- Added third Big Bet 'Fuel Success for Mid-Market Businesses' to strategy, focusing on all-in-one solution for mid-market customers. Business (Item 1)
- Adena T. Friedman added as a new director. Form 10-K Summary (Item 16)
- Mailchimp, previously part of Global Business Solutions, will be its own reportable segment starting fiscal 2027. Management's Discussion (Item 7)
- New disclosure: additional office space leased in Bangalore, not yet occupied. Properties (Item 2)
- William R. McDermott added as a new director. Form 10-K Summary (Item 16)
Changed
- increased to $6.75 billion from $5.0 billion (combined prior 2020 and 2023 notes). Market Risk (Item 7A)
- rose to $5.7 billion from $3.6 billion as of July 31, 2026 vs 2025. Market Risk (Item 7A)
- Combined three segments into one Consumer segment. Reclassified $606M from Consumer to corporate in fiscal 2025. Management's Discussion (Item 7)
- Notes receivable held for sale rose to $179 million from $0, reflecting increased loan sales. Financial Statements (Item 8)
- Added agentic AI and internal business operations to AI risk. Risk Factors (Item 1A)
- Bangalore lease expiration changed from 2026-2029 to 2026. Properties (Item 2)
- Capital access risk expanded to include consumers, not just small businesses. Added fraud risk. Risk Factors (Item 1A)
- Customers served dropped to approximately 93 million from approximately 100 million. Business (Item 1)
- Employees increased to approximately 18,600 from 18,200; restructuring plan announced in May 2026 to simplify structure. Business (Item 1)
- General Counsel changed: Tyler Cozzens replaced Kerry McLean. Sasan Goodarzi added Chairman title effective January 2026. Business (Item 1)
- Mountain View lease expiration changed from 2026-2034 to 2029-2034. Properties (Item 2)
- Record holders decreased from 450 to 405; beneficial holders from ~2.22M to ~1.59M as of August 31, 2026. Market for the Stock (Item 5)
- Replaced Morgan Stanley Technology Index with S&P 500 Information Technology Index in stock performance graph due to discontinuation. Market for the Stock (Item 5)
- Replaced old equity grant forms for executive chair, EVP, CEO with Credit Karma equity incentive plan. Exhibits (Item 15)
- Sasan K. Goodarzi's title changed to Chairman and Chief Executive Officer from President, Chief Executive Officer, and Director. Form 10-K Summary (Item 16)
- Segments reorganized from four to two: Global Business Solutions revenue rose to 60% from 59%, Consumer rose to 40% from 26% (absorbing Credit Karma and ProTax). Business (Item 1)
Removed
- Removed Form of 1.350% Senior Note due 2027 and Form of 1.650% Senior Note due 2030. Exhibits (Item 15)
- Dropped reference to 'Equity Compensation Plan Information' section from the list of incorporated proxy statement sections. Executive Compensation (Item 11)
- Oakland, California (Credit Karma segment) removed as principal office location. Properties (Item 2)
- Plano, Texas (ProTax segment) removed as principal office location. Properties (Item 2)
- Removed descriptions of hybrid workplace risks from security incidents, fraud, and business interruption sections. Risk Factors (Item 1A)
- Removed exhibit 10.38: Employment memo for Marianna Tessel dated November 7, 2018. Exhibits (Item 15)
- Ryan Roslansky is no longer listed as a director. Form 10-K Summary (Item 16)
- Suzanne Nora Johnson is no longer listed as a director or chair of the board. Form 10-K Summary (Item 16)
- Financial Statements (Item 8) 161
- Management's Discussion (Item 7) 89
- Business (Item 1) 78
- Risk Factors (Item 1A) 47
- Exhibits (Item 15) 35
- Form 10-K Summary (Item 16) 16
- Market Risk (Item 7A) 9
- Market for the Stock (Item 5) 7
- Cybersecurity (Item 1C) 4
- Properties (Item 2) 2
- Executive Compensation (Item 11) 1
- Security Ownership (Item 12) 1
Everything here comes from Intuit Inc.'s own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Sep 9, 2026, from the 10-K for FY2026.