Intuit Inc. · NASDAQ:INTU
Intuit — Q1 2024 Earnings Presentation
6 slides from Intuit's earnings presentation, Nov 28, 2023
Slide 1: Fact Sheet November 28, 2023
I NTU IT ¥ turbotax —«k credit karma a quickbooks @mailchimp Fact Sheet November 28, 2023
Slide 2: Financial Summary and Guidance
[C] FINANCIAL SUMMARY GUIDANCE ($ millions, except per share data) Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 FY23 Q1 FY24 Q2 FY24 FY24 Small Business & Self-Employed $1,443 $1,581 $1,667 $1,769 $6,460 $1,988 $1,897 $2,021 $2,132 $8,038 $2,344 $9,305 - $9,385 % change YOY 2
Slide 3: Segment Revenue
Segment Revenue FY'22 FY'23 FY'24 ($ millions) Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 QuickBooks Online Accounting $ 519 $ 547 $ 578 $ 623 $ 2,267 $ 668 $ 696 $ 723 $ 762 $ 2,849 $ 798 Online Services $ 326 $ 574 $ 614 $ 657 $ 2,171 $ 681 $ 695 $ 745 $ 789 $ 2,910 $ 820 Total Online Ecosystem $ 845 $ 1,12
Slide 4: Segment Operating Income
Segment Operating Income FY'24 ($ millions) Q1 % Op. Op. Inc. Margin Small Business & Self-Employed $ 1,492 64% Consumer $ 67 36% ProTax $ 14 33% Credit Karma $ 106 26% Total Segment Operating Income $ 1,679 56% FY'23 (Restated) [D] ($ millions) Q1 Q2 Q3 Q4 FY % Op. % Op. % Op. % Op. % Op. Op. Inc.
Slide 5: Footnotes
Footnotes Numbers may not agree with the sum of the components, nor with SEC filing(s), due to immaterial rounding adjustments. [A] These are non-GAAP financial measures. See Section “About Non-GAAP Financial Measures" and the tables B1, B2 and E of our Press Release dated November 28, 2023 for reco
Slide 6: Cautions About Forward-Looking Statements
Cautions About Forward-Looking Statements This fact sheet contains forward-looking statements, including forecasts of Intuit's expected growth and future financial results of Intuit and its reporting segments. Because these forward-looking statements involve risks and uncertainties, there are import