Intuit (INTU) Revenue — Quarter Ended Apr 30, 2024
Revenue for the reporting period increased compared to the immediately preceding quarter. Revenue also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Apr 30, 2024 · FY2024 Q3
Revenue for the reporting period increased compared to the immediately preceding quarter. Revenue also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.7B
Revenue reported for this quarter.
Quarter-over-quarter
+99.0%
Change from the immediately preceding quarter.
Year-over-year
+11.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.8B
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 |
|---|---|---|
| Jul 31, 2023 | $2.7B | +12.3% |
| Oct 31, 2023 | $3B | +14.7% |
| Jan 31, 2024 | $3.4B | +11.3% |
| Apr 30, 2024 | $6.7B | +11.9% |
Revenue performance
The quarter's revenue was higher than the prior quarter, reflecting a sequential improvement.
Quarterly comparison
Revenue was above the level reported in the same quarter a year ago, indicating year-over-year growth.
What to watch
The pace of revenue growth across consecutive periods deserves continued attention.