Intuit (INTU) Revenue — Quarter Ended Jan 31, 2024
Revenue grew in the current quarter compared to both the prior quarter and the same quarter a year ago. The sequential increase was larger than the year-over-year gain.
Key takeaway
Quarter ended Jan 31, 2024 · FY2024 Q2
Revenue grew in the current quarter compared to both the prior quarter and the same quarter a year ago. The sequential increase was larger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
+13.7%
Change from the immediately preceding quarter.
Year-over-year
+11.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2023 | $6B | +6.9% |
| Jul 31, 2023 | $2.7B | +12.3% |
| Oct 31, 2023 | $3B | +14.7% |
| Jan 31, 2024 | $3.4B | +11.3% |
Revenue performance
The reported revenue reflects a positive direction, with growth accelerating from the year-ago period.
Quarterly comparison
Sequentially, revenue rose from the immediately preceding quarter. On a year-over-year basis, revenue also increased compared to the same quarter one year earlier.
What to watch
The filing context does not provide specific drivers for the reported revenue changes.