intuit-profits

Intuit Profits

Business / By / March 21, 2023
  • Overall net income growth: The company has experienced growth in net income from 2018 to 2021, indicating improved profitability over these years.
  • Flattening growth trend: The net income growth rate has slowed down and become flat from 2021 to 2022, suggesting that the company’s profitability has plateaued during this period.

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intuit-revenue
Steady revenue growth: The company has experienced consistent revenue growth from 2018 to 2022, indicating a positive trend in its financial performance. Increasing growth rate: The growth rate of revenue has been increasing year-over-year, suggesting that the company’s business is expanding at a faster pace. 2018 to 2019: 13% growth 2019 to 2020: 13.3% growth 2020 to 2021: 25% growth 2021 to 2022: 32.5% growth
intuit-profits
Overall net income growth: The company has experienced growth in net income from 2018 to 2021, indicating improved profitability over these years. Flattening growth trend: The net income growth rate has slowed down and become flat from 2021 to 2022, suggesting that the company’s profitability has plateaued during this period. 2018 to 2019: 16.5% growth 2019 to 2020: 17.4% growth 2020 to 2021: 9.9% growth 2021 to 2022: 0% growth
intuit-brands
Intuit has acquired many software brands, including companies like TurboTax, Credit Karma, QuickBooks, MailChimp, and the Intuit core service. The group generated $12.72 billion in revenue in 2022 and $2 billion in profits.
credit-karma-revenue
Credit Karma is a brand acquired by Intuit in 2020 for approximately $7.1 billion. Credit Karma generated $1.8 billion in revenue in 2022, compared to $865 million in 2021.
proconnect-revenue
ProConnect is part of Intuit. The company generated $546 million in 2022, compared to $517 million in 2021, and $493 million in 2020.

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