The company said revenue for Q1 rose 10% year over year to $3,283 million on a October 31, 2024 basis. GAAP operating income was $271 million, down 12%, and GAAP earnings per share were $0.70, down 18%.

1. 01

   The company said revenue for Q1 rose 10% year over year to $3,283 million on a October 31, 2024 basis. GAAP operating income was $271 million, down 12%, and GAAP earnings per share were $0.70, down 18%.

2. 02

   Intuit said Global Business Solutions Group revenue rose $2.5 billion, up 9%, Online Ecosystem revenue rose $1.9 billion, up 20%, and Credit Karma revenue rose $524 million, up 29%. Desktop Ecosystem revenue fell 17%.

3. 03

   The company reported operating cash flow of $362 million for Q1, compared with cash used of $(97) million a year earlier. It said it repurchased $570 million of stock, with $4.3 billion remaining under its repurchase authorization.

4. 04

   The company reiterated its full-year 2025 revenue outlook of $18.160 billion to $18.347 billion and expects Q2 revenue of $3.812 billion to $3.845 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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