Intuit (INTU)

Company ID: 252 | CIK: 0000896878
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

Business Unit / Product Segments

Major Customers (% of Revenue)

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Operational KPIs

Active online payments customers (active_buyers)

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Average revenue per customer growth (arpu)

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ARR growth (arr)

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Deferred revenue (backlog)

Part-time/Seasonal Employees (contractors)

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New customers added (customers)

Customers Served (customers_served)

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Funds held for customers (deposits)

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Quicken.com page views (engagement)

Online payments charge volume growth (gmv)

Technical Support Staff (headcount)

PPP loans held for sale (loans_outstanding)

Allowance for credit losses (other)

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Arbitration claims pending (other)

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Assisted and Complete Payroll customers growth (other)

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At Home valuation loss (other)

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Auction rate securities held (other)

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Average vesting period (other)

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Basic weighted-average shares (other)

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Beneficial stockholders (other)

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Bill-pay end users growth (other)

Canadian revenue growth (other)

Cash and investments (other)

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Cash and short-term investments (other)

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Cash provided by operating activities (other)

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Cash, cash equivalents, and investments (other)

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Charge volume per merchant (other)

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Checkfree ownership (other)

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Checkfree ownership stake (other)

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Checkfree shares held (other)

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Closing stock price (other)

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Commercial paper outstanding (other)

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Common Stock Outstanding (other)

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Common equivalent shares (other)

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Common shares outstanding (other)

Common stock outstanding (other)

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Common stockholders of record (other)

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Connected services revenue (other)

Connected services revenue mix (other)

Connected services revenue percentage (other)

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Connected services revenue share (other)

Consumer Ecosystem product line revenue growth (other)

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Consumer Ecosystem revenue (other)

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Consumer Finance revenue growth (other)

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Consumer Tax product line revenue growth (other)

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Consumer Tax revenue (other)

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Consumer segment revenue growth (other)

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Consumer tax retail market share (other)

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Core operating expenses (other)

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Countries of operation (other)

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Data Center Databases (other)

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Data Center Servers (other)

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Data center databases (other)

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Data center servers (other)

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Databases (other)

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Deferred revenue (other)

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Demandforce revenue growth (other)

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Desktop Ecosystem revenue (other)

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Desktop Ecosystem revenue growth (other)

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Desktop payments revenue (other)

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Desktop payments revenue growth (other)

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Dilutive weighted-average shares (other)

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Direct sales revenue share (other)

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Dividends declared per share (other)

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Division revenue growth (other)

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E-filing revenue growth (other)

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E-filing unit growth (other)

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E-filing unit sales growth (other)

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ESPP shares purchased (other)

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Effective tax rate (other)

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Electronic delivery revenue share (other)

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Electronic distribution revenue (other)

Electronic filing unit sales growth (other)

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Electronic filing unit volume growth (other)

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Electronic ordering revenue share (other)

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Electronic tax filings (other)

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Enterprise Solutions revenue (other)

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Excite ownership (other)

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Excite ownership stake (other)

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Excite shares held (other)

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Exercisable in-the-money options (other)

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FX impact on Canadian revenue (other)

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Federal TurboTax units (other)

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Federal online tax units growth (other)

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Federal online unit growth (other)

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Federal tax unit growth (other)

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Financial institution participation (other)

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Financial institutions in online banking (other)

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Forward sale commitments (other)

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Free File returns volume (other)

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Free federal returns filed (other)

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Funds held for customers (other)

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Goodwill (other)

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Goodwill balance (other)

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Grants to Named Executives (other)

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Household reach (other)

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IDN Developers (other)

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In-the-money stock options (other)

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Insurance carriers in Quicken InsureMarket (other)

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International revenue growth (other)

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International revenue mix (other)

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International revenue share (other)

Internet commerce revenue (other)

Internet commerce revenue share (other)

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Internet products revenue (other)

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Internet revenue growth (other)

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Internet revenue mix (other)

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Internet revenue share (other)

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Internet-based revenue share (other)

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Loan charge-offs (other)

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Loan commitments (other)

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Loan commitments to extend credit (other)

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Loan purchase commitments (other)

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Loan sale commitment remaining (other)

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Loan volume growth (other)

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Loans purchased (other)

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Loans sold (other)

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Loans sold volume (other)

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Mandatory forward sale commitments (other)

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Merchant customer base growth (other)

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Merchant services customer base growth (other)

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Merchant transaction volume per customer growth (other)

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Merchant volume per customer growth (other)

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Mortgage revenue growth (other)

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Mortgage revenue via digital channel (other)

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Municipal auction rate securities held (other)

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Named Executive option grants (other)

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Named Executive option holdings (other)

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Named executive option grants (other)

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Named executive options held (other)

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Net option grants (other)

Non-vested RSUs outstanding (other)

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Non-vested restricted stock awards (other)

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Non-vested restricted stock units (other)

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Nonvested RSUs (other)

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Nonvested restricted stock units (other)

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Number of Reportable Segments (other)

On-line services revenue share (other)

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Online Ecosystem revenue (other)

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Online Ecosystem revenue growth (other)

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Online Services revenue growth (other)

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Online U.S. federal units share (other)

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Online federal TurboTax unit mix (other)

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Online federal TurboTax unit share (other)

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Online mortgage revenue share (other)

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Online payments charge volume growth (other)

Online share of TurboTax federal units (other)

Online share of TurboTax units (other)

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Online share of federal units (other)

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Operating lease liabilities (other)

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Operating lease term (other)

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Options excluded from diluted EPS (other)

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Options held by Named Executives (other)

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Outstanding debt (other)

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Outstanding stock options (other)

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Paid federal TurboTax units (other)

Paid federal tax unit growth (other)

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Paid federal tax units (other)

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Paid federal tax units growth (other)

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Paid federal units growth (other)

Payroll product unit sales growth (other)

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Payroll revenue growth (other)

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Pending arbitration claims (other)

Personal finance retail unit share (other)

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Pro forma basic EPS (other)

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Pro forma diluted EPS (other)

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Product revenue growth (other)

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Professional Tax segment revenue growth (other)

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Professional tax growth (other)

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Provision for credit losses (other)

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Purchased intangible assets (other)

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QuickBooks 2002 dollar sales growth (other)

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QuickBooks 2002 unit sales growth (other)

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QuickBooks Desktop subscriber growth (other)

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QuickBooks Desktop unit growth (other)

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QuickBooks Desktop units change (other)

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QuickBooks Desktop units growth (other)

QuickBooks Enterprise Solutions revenue (other)

QuickBooks Enterprise Solutions revenue growth (other)

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QuickBooks Enterprise revenue growth (other)

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QuickBooks Payroll customer base growth (other)

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QuickBooks Plus subscriptions revenue (other)

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QuickBooks Premier unit growth (other)

QuickBooks Premier unit sales growth (other)

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QuickBooks average selling price growth (other)

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QuickBooks desktop license units (other)

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QuickBooks desktop unit sales growth (other)

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QuickBooks paid software units growth (other)

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QuickBooks retail market share (other)

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QuickBooks revenue growth (other)

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QuickBooks software unit growth (other)

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QuickBooks software unit sales growth (other)

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QuickBooks software units growth (other)

QuickBooks unit sales change (other)

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QuickBooks unit sales growth (other)

QuickBooks upgrade rate (other)

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Quicken retail market share (other)

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Quicken retail revenue share (other)

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Quicken revenue (other)

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Quicken revenue growth (other)

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Quicken sales growth (other)

Record stockholders (other)

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Registered IDN developers (other)

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Remaining repurchase authorization (other)

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Repurchase authorization remaining (other)

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Reserve for product returns (other)

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Reserve for rebates (other)

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Restricted stock units nonvested (other)

Restricted stock units outstanding (other)

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Restructuring accrual (other)

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Restructuring charges estimated (other)

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Restructuring plan cost (other)

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Retail dollar share (other)

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Retail locations (other)

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Retail locations served (other)

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Retail locations served directly (other)

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Retail market share (other)

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Retail sales revenue (other)

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Retail unit share (other)

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Returns and rebate reserves (other)

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Revenue growth (other)

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SaaS revenue (other)

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SaaS revenue mix (other)

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SaaS revenue share (other)

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Seasonal employees (other)

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Segment operating margin (other)

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Servers (other)

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Service and other revenue mix (other)

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Shares Outstanding (other)

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Shares available for grant (other)

Shares of common stock outstanding (other)

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Shares outstanding (other)

Shares purchased under ESPP (other)

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Shares repurchased (other)

Shares repurchased under program (other)

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Small Business Desktop Ecosystem revenue (other)

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Small Business Desktop Ecosystem revenue growth (other)

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Small Business Online Ecosystem revenue (other)

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Small Business Online Ecosystem revenue growth (other)

Small Business desktop ecosystem revenue growth (other)

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Small Business ecosystem revenue growth (other)

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Small Business online ecosystem revenue growth (other)

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Small Business revenue growth (other)

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Small Business segment revenue growth (other)

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Small business payroll customer base growth (other)

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Software as a service revenue (other)

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Sold loan volume growth (other)

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State tax preparation products (other)

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Stock options available for grant (other)

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Stock options exercisable (other)

Stock options exercised (other)

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Stock options outstanding (other)

Stock repurchase authorization (other)

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Stock repurchase authorization remaining (other)

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Stock repurchase spending (other)

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Stock shares repurchased (other)

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Stockholders (other)

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Supplies orders via website (other)

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Supplies revenue growth (other)

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Tax Freedom Project share (other)

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Tax revenue growth (other)

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Tax table service growth (other)

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Tax web revenue growth (other)

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Tax web unit sales growth (other)

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Third-party Applications (other)

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Third-party applications (other)

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Third-party applications available (other)

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Total federal TurboTax unit growth (other)

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Transaction volume per customer (other)

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Transaction volume per customer growth (other)

Transaction volume per merchant (other)

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Treasury shares (other)

Treasury shares held (other)

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Treasury shares repurchased (other)

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Treasury stock repurchase cost (other)

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TurboTax Online U.S. federal units growth (other)

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TurboTax Online federal unit growth (other)

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TurboTax Online federal units (other)

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TurboTax Online federal units growth (other)

TurboTax Online federal units share (other)

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TurboTax Online share (other)

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TurboTax Online share of federal units (other)

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TurboTax Online unit growth (other)

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TurboTax Online units (other)

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TurboTax Online units growth (other)

TurboTax U.S. federal units growth (other)

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TurboTax Web paid unit growth (other)

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TurboTax Web revenue growth (other)

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TurboTax Web unit growth (other)

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TurboTax desktop unit growth (other)

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TurboTax desktop unit sales growth (other)

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TurboTax desktop units growth (other)

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TurboTax federal unit growth (other)

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TurboTax federal units (other)

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TurboTax federal units growth (other)

TurboTax online federal unit mix (other)

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TurboTax online unit mix (other)

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TurboTax online unit share (other)

TurboTax retail market share (other)

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TurboTax unit sales growth (other)

Unrecognized RSU compensation cost (other)

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Unrecognized compensation cost (other)

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Unrecognized share-based compensation (other)

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VFSC equity interest (other)

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VeriSign valuation loss (other)

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Web tax preparation revenue growth (other)

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Web tax revenue growth (other)

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Website supplies orders (other)

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Weighted average diluted shares (other)

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Weighted-average diluted shares (other)

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Weighted-average remaining lease term (other)

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QuickBooks Enterprise Solutions revenue (revenue)

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Principal office square footage (square_footage)

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QuickBooks Online Subscribers (subscribers)

Transaction volume per merchant growth (transactions)

TurboTax Online units growth (units_shipped)

Bill-pay end users growth (users)

Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No flow HCM metrics found.

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-07-31restructuringin_progress2026-052026-10-31GlobalCorporate, Global Business Solutions, ConsumerUSD 293 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2026 Plan approved May 2026 to simplify organizational structure; reduces full-time workforce and closes certain sites. $293M charge recorded in FY2026 (segment split of initial costs: Corporate $214M, Global Business Solutions $51M, Consumer $28M); total estimated plan cost approximately $315M. Actions expected substantially complete by Q1 fiscal 2027. Number of employees affected not disclosed.
2026-07-31restructuringin_progress2026-052027-01-31GlobalCorporate / All SegmentsUSD 293 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2026 Plan announced in May 2026 to simplify organizational structure. Total expected cost $315 million. $293 million charged in FY2026. Actions expected substantially complete by Q1 FY2027. Employee count not explicitly disclosed in text.
2026-07-31restructuringcompleted2024-072025-04-30GlobalCorporate / All SegmentsUSD 15 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2024 Plan announced in July 2024. Total cost $238 million. $15 million charged in FY2026 (remaining accruals). Actions substantially complete in Q1 FY2025. Employee count not explicitly disclosed in text.
2026-07-31restructuringin_progressUSD 293,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 293,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progress2026 Restructuring Plan [Member]USD 293,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressOperating Segments [Member] / 2026 Restructuring Plan [Member] / Global Business Solutions [Member]USD 51,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressOperating Segments [Member] / 2026 Restructuring Plan [Member] / Consumer Segment [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2026 Restructuring Plan [Member]USD 214,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressOperating Segments [Member] / 2024 Restructuring Plan [Member] / Global Business Solutions [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressOperating Segments [Member] / 2024 Restructuring Plan [Member] / Consumer Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2024 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-07-31restructuringin_progress2024 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-04-30restructuringannounced2026-052026-10-31Company-wide; considering closure of certain sites in service to growing technology teams and capabilities in strategic locationsUSD 320 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
2026 Plan approved and initiated in May 2026 to simplify organizational structure; estimated charges of $300-340 million (midpoint shown), primarily cash severance and employee benefits, mostly in fiscal Q4 ending July 31, 2026; actions expected substantially complete by Q1 fiscal 2027. Employee count not disclosed.
2026-04-30restructuringannounced2026-052026-10-31GlobalCompany-wide; full-time workforce reduction, with possible closure of certain sitesUSD 300 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Disclosed as an estimated range of $300 million to $340 million in restructuring charges, primarily cash severance and benefits, expected mainly in Q4 FY2026 (quarter ending 2026-07-31); value shown is the lower bound of the disclosed range. No employee count disclosed. Announcement month stated only as May 2026. Expected completion inferred from stated goal of substantial completion by fiscal Q1 2027 (quarter ending 2026-10-31). Also repeated in MD&A; sourced once from the footnote.
2026-04-30restructuringannounced2026-052027-01-31GlobalCorporate / PlatformUSD 320 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Management approved the '2026 Plan' in May 2026 to simplify organizational structure. Estimated charges of $300M-$340M primarily for severance. Expected to be substantially complete by Q1 FY2027.
2026-04-30restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-04-30restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-01-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-01-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-10-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-10-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-07-31restructuringcompleted2024-072024-10-31Certain markets (not specified)Company-wide; exit of employees and closing of real estate sites to support growing technology teams in strategic locationsUSD 15 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charge shown is fiscal 2025 activity only; total plan cost of $238M incurred to date ($223M in fiscal 2024, $15M in fiscal 2025), cumulative through fiscal year-end. Actions substantially complete in Q1 fiscal 2025; $3M remained accrued at July 31, 2025. Employees affected not disclosed.
2025-07-31acquisition_additioncompletedGlobal Business Solutions (goodwill addition of $134M recorded in fiscal 2025)USD 184 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Headcount added through acquisitions during fiscal 2025 not disclosed; charge value represents cash consideration, not a severance or restructuring charge
2025-07-31restructuringcompleted2024-07-012025-04-30GlobalVariousUSD 238 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Plan approved July 2024 focused on reallocating resources to key growth areas, including exit of employees and closing of real estate sites. Actions substantially complete in Q1 FY2025. Total costs $238 million. Employee count not explicitly disclosed in footnote.
2025-07-31restructuringin_progressUSD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-07-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-07-31restructuringin_progressOperating Segments [Member] / Global Business Solutions [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-07-31restructuringin_progressOperating Segments [Member] / Consumer Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-07-31restructuringin_progressOperating Segments [Member] / Credit Karma Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-07-31restructuringin_progressOperating Segments [Member] / ProTax Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-07-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-04-30restructuringcompleted2024-07-31Global Business Solutions, Consumer, ProTax, CorporateUSD 238 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan of reorganization approved July 2024 to reallocate resources to key growth areas, including employee exits and real estate site closures; actions substantially complete in Q1 fiscal 2025. Total costs estimated at approximately $238 million; $14 million charge recorded in the nine months ended April 30, 2025. Employee headcount affected not disclosed.
2025-04-30restructuringcompleted2024-072024-10-31Certain markets (not specified)Global Business Solutions, Consumer, Credit Karma, ProTax, and Corporate (platform and administrative functions)USD 14 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan of reorganization approved July 2024 covering employee exits and real estate site closures; actions substantially complete in Q1 FY2025. $14M charge recorded in the nine months ended April 30, 2025; total estimated plan cost approximately $238M ($237M incurred to date, $9M accrued at April 30, 2025). Number of employees affected not disclosed.
2025-04-30restructuringin_progress2024-07-01Global Business SolutionsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved July 2024 focused on reallocating resources to key growth areas. Actions substantially complete in Q1 FY25. $4M additional costs recorded in Q3 FY25.
2025-04-30restructuringin_progress2024-07-01ConsumerUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved July 2024. No additional costs recorded in Q3 FY25.
2025-04-30restructuringin_progress2024-07-01ProTaxUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved July 2024. No additional costs recorded in Q3 FY25.
2025-04-30restructuringin_progress2024-07-01CorporateUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved July 2024. $10M additional costs recorded in Q3 FY25. Relates to platform expenses and administrative functions.
2025-04-30restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressSeverance, Employee Benefits And Site Closure Costs [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressOperating Segments [Member] / Global Business Solutions Segment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressOperating Segments [Member] / Consumer Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressOperating Segments [Member] / Credit Karma Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressOperating Segments [Member] / Pro Tax Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-04-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringcompleted2024-07-31Global Business Solutions, Consumer, ProTax, CorporateUSD 236 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan approved July 2024 to reallocate resources to key growth areas, including employee exits and real estate site closures; actions substantially complete in Q1 fiscal 2025; $13 million charge recorded in the six months ended January 31, 2025; no employee count disclosed.
2025-01-31restructuringin_progress2024-07-31Certain markets (not specified)Global Business Solutions; Consumer; ProTax; CorporateUSD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan approved July 2024; total estimated cost $236M. Actions substantially complete in Q1 FY25. $13M charged in six months ended Jan 31, 2025; $13M accrual remaining at quarter-end. Employee headcount impact not disclosed.
2025-01-31restructuringin_progress2024-07-01Global Business SolutionsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved in July 2024 focused on reallocating resources to key growth areas. Actions substantially complete in Q1 FY25. $4M charge recorded in Q2 FY25 for this segment.
2025-01-31restructuringin_progress2024-07-01ConsumerUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
No additional costs recorded in Q2 FY25 for this segment.
2025-01-31restructuringin_progress2024-07-01ProTaxUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
No additional costs recorded in Q2 FY25 for this segment.
2025-01-31restructuringin_progress2024-07-01CorporateUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Relates to platform expenses and other administrative functions. $9M charge recorded in Q2 FY25.
2025-01-31restructuringin_progressUSD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressSeverance, Employee Benefits And Site Closure Costs [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressOperating Segments [Member] / Global Business Solutions Segment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressOperating Segments [Member] / Consumer Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressOperating Segments [Member] / Credit Karma Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressOperating Segments [Member] / Pro Tax Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-01-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringcompleted2024-07-31Global Business Solutions, Consumer, ProTax, CorporateUSD 237 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan approved July 2024 to reallocate resources to key growth areas, including employee exits and real estate site closures; actions substantially complete in Q1 FY2025 with $9 million charge recorded in the quarter; no employee count disclosed
2024-10-31restructuringin_progress2024-07Certain markets globallyGlobal Business Solutions, Consumer, ProTax, and corporate; includes platform-level technology and customer success functionsUSD 237 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan of reorganization approved July 2024 to reallocate resources to growth areas; includes employee exits and real estate site closures. Actions substantially complete in Q1 FY25. Total estimated plan cost ~$237M; $9M charge recorded in Q1 FY25 ($17M accrued at 2024-10-31; $232M incurred to date). No employee count disclosed. Filer also reorganized technology/customer success functions out of segments into corporate effective 2024-08-01 (reclassified $332M/$65M/$8M of prior-year expense from GBS/Consumer/ProTax to other corporate expenses) — presentation change, not a workforce action.
2024-10-31restructuringin_progress2024-07-01USD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan approved in July 2024 focused on reallocating resources to key growth areas, including employee exits and site closures. Actions substantially complete in Q1 FY25. Total expected cost ~$237M; $9M charged in Q1.
2024-10-31restructuringin_progressUSD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressSeverance, Employee Benefits And Site Closure Costs [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressOperating Segments [Member] / Global Business Solutions [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressOperating Segments [Member] / Consumer Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressOperating Segments [Member] / Credit Karma Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressOperating Segments [Member] / Pro Tax Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-10-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-07-31restructuringin_progress2024-072024-10-31Certain markets globallyConsolidated — includes Corporate and all four reportable segmentsUSD 223 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
July 2024 plan of reorganization reallocating resources to key growth areas; includes employee exits and closing of real estate sites. $223M charge recorded in FY2024 (primarily severance and employee benefits, including $25M share-based compensation); total expected plan cost approximately $247M. Initial costs by segment: Small Business & Self-Employed $96M, Consumer $9M, ProTax $2M, Corporate $116M (Credit Karma $0). Employees affected count not disclosed. Actions expected substantially complete by Q1 fiscal 2025.
2024-07-31restructuringin_progress2024-072025-01-31GlobalVariousUSD 247 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Plan approved in July 2024 focused on reallocating resources to key growth areas. Includes exit of employees and closing of real estate sites. Expected to be substantially complete by Q1 FY2025. Total estimated cost $247 million; $223 million recorded in FY2024.
2024-07-31restructuringin_progressUSD 223,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-07-31restructuringin_progressSegment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]USD 223,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-07-31restructuringin_progressOperating Segments [Member] / Small Business & Self-Employed Segment [Member]USD 96,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-07-31restructuringin_progressOperating Segments [Member] / Consumer Segment [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-07-31restructuringin_progressOperating Segments [Member] / Credit Karma Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-07-31restructuringin_progressOperating Segments [Member] / ProTax Segment [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-07-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 116,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-07-31acquisition_additioncompleted2021-11-012021-11-01GlobalSmall Business & Self-Employedbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Rocket Science Group LLC (Mailchimp) completed 2021-11-01 for $12.0B total consideration; headcount added not disclosed. Approximately 325,000 RSUs issued to Mailchimp employees.
2022-07-31acquisition_additioncompleted2020-12-032020-12-03United StatesCredit Karmabusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Credit Karma acquisition closed 2020-12-03 (prior fiscal year); approximately 1,600 employees at 2022-07-31. Included for context of current-year workforce composition; no FY2022 headcount addition quantified.
2022-04-30acquisition_additioncompleted2021-11-01GlobalSmall Business & Self-Employedbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Mailchimp acquired 2021-11-01 for $12.0B; headcount added not disclosed. Filing discloses only equity-award substitutions: ~583,000 RSUs substituted for Mailchimp awards and ~325,000 RSUs granted to Mailchimp employees — these are RSU share counts, not employee headcount.
2022-01-31acquisition_additioncompleted2021-11-012021-11-01Small Business & Self-EmployedUSD 12,000 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Intuit acquired Mailchimp on November 1, 2021 for total consideration of $12.0 billion ($5.7 billion cash plus 10.1 million Intuit shares valued at approximately $6.3 billion). No employee headcount figure was disclosed in the filing.
2022-01-31acquisition_additioncompleted2021-11-01Small Business & Self-Employedbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Mailchimp on Nov 1, 2021. Headcount not disclosed, but RSUs issued to employees indicate workforce addition.
2021-10-31acquisition_additioncompleted2021-11-012021-11-01United StatesSmall Business & Self-EmployedUSD 12,000 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Intuit acquired Mailchimp for total consideration of $12 billion ($5.7 billion cash plus 10.1 million shares valued at approximately $6.3 billion). No employee headcount figures were disclosed in the filing.
2021-10-31acquisition_additionannounced2021-11-012021-11-01GlobalSmall Business & Self-Employedsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired The Rocket Science Group LLC (Mailchimp) for $12B ($5.7B cash, 10.1M shares). Headcount added not disclosed; equity awards disclosed: ~573,000 substituted RSUs (FV ~$349M, 3-year expense) plus ~$215M of RSUs to Mailchimp employees ($155M over 4 years, $60M over 6 months).
2021-10-31acquisition_additionannounced2021-11-01Small Business & Self-Employedsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired Mailchimp on Nov 1, 2021. Headcount not disclosed. Issued RSUs to employees.
2021-07-31acquisition_additioncompleted1,3002020-12-032020-12-03United StatesCredit KarmaItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,300 employees added through the Credit Karma acquisition, which closed December 3, 2020; figure is approximate and disclosed in the Human Capital section rather than the business combinations footnote.
2021-07-31acquisition_additioncompleted1,3002020-12-032020-12-03GlobalCredit KarmaItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Credit Karma in December 2020 added approximately 1,300 employees.
2021-01-31acquisition_additioncompleted2020-12-03United StatesCredit Karmabusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Credit Karma on Dec 3, 2020. Headcount not explicitly disclosed, but staffing costs increased by $45 million related to Credit Karma in the six months ended Jan 31, 2021.
2020-07-31restructuringcompletedNot specifiedNot specifiedUSD 40 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2020 operating expense increase included a one-time restructuring charge of $40 million for severance expenses; no restructuring footnote, affected-employee count, or timing is disclosed in the filing.
2020-07-31restructuringcompletedUSD 40 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
One-time restructuring charge for severance expenses of $40 million reported in fiscal 2020. Employee count not disclosed.
2020-01-31acquisition_additionannounced2020-02-24United StatesConsumersubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger agreement to acquire Credit Karma for $7.1 billion; headcount added not disclosed. Includes ~$1.0B fair value of equity awards expensed over up to three years plus ~$300M RSUs over four years; expected close before end of calendar 2020.
2019-07-31acquisition_additioncompletedUnited StatesSmall Business & Self-EmployedUSD 64 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2019 acquisition completed for $64 million net of cash acquired; headcount added not disclosed. Note 6 Business Combinations details only FY2018 acquisitions (TSheets, Exactor, Applatix), which are prior-year and excluded here
2018-07-31acquisition_additioncompletedUnited StatesSmall Business & Self-EmployedUSD 412 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2018 acquisitions of TSheets.com LLC, Exactor, Inc. and Applatix, Inc. for combined consideration of approximately $412 million; acquired headcount is not disclosed. Charge shown is total consideration, not a severance charge.
2018-01-31acquisition_additioncompleted2018-01-10United StatesSmall Business & Self-EmployedUSD 412 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired TSheets.com LLC, Exactor, Inc., and Applatix, Inc. for total combined consideration of approx $412 million. Headcount not disclosed.
2016-07-31divestiture_reductioncompleted2015-10-312016-04-01United StatesSmall Business; Consumer (former segment)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Demandforce (completed 2016-02-01) and QuickBase and Quicken (completed 2016-04-01) for $463 million cash; plan approved in Q4 FY2015. No employee counts disclosed for the divested businesses.
2016-04-30divestiture_reductioncompletedUnited StatesSmall Business (Demandforce, QuickBase); former Consumer segment (Quicken)USD 354 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sales of Demandforce (Feb 1, 2016), QuickBase and Quicken (Apr 1, 2016) completed for $463 million cash; $354 million pre-tax gain on disposal, $178 million related tax provision, $176 million net gain. No employee headcount figures disclosed for the divested businesses.
2015-07-31divestiture_reductioncompletedUnited StatesSmall Business segment (Demandforce, QuickBase) and former Consumer segment (Quicken)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In Q4 fiscal 2015 management approved a plan to sell Demandforce, QuickBase and Quicken; classified as held for sale and discontinued operations. Headcount associated with the divestiture is not disclosed.
2015-07-31acquisition_additioncompleted2014-06-162014-06-16United StatesSmall Business segment (Mint Bills / Check Inc.)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding equity interests of Check Inc. for approximately $369 million total consideration; headcount added through the acquisition is not disclosed.
2015-04-30acquisition_additioncompleted2015-02-052015-02-05IsraelConsumer Ecosystemother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of all outstanding shares of Porticor Ltd. closed 2015-02-05; 35,072 unregistered Intuit shares issued to certain Porticor equity holders (aggregate value approximately $3.22 million, subject to vesting restrictions). No employee headcount acquired was disclosed.
2015-04-30acquisition_additioncompleted2015-02-062015-02-06United StatesSmall Businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of all outstanding shares of Playbook Labs, Inc. closed 2015-02-06; 38,552 unregistered Intuit shares issued to Playbook equity holders (aggregate value approximately $3.43 million, subject to vesting restrictions). No employee headcount acquired was disclosed.
2015-04-30acquisition_additioncompleted2015-02-05business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Porticor Ltd. completed; headcount not disclosed.
2015-04-30acquisition_additioncompleted2015-02-06business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Playbook Labs, Inc. completed; headcount not disclosed.
2015-01-31acquisition_additioncompleted2014-12-19United KingdomSmall Businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of all outstanding shares of Acrede Technology Group Holdings Limited; 157,591 Intuit shares (approx. $14.8M) issued to an equity holder, subject to vesting tied to employment. No employee count disclosed.
2015-01-31acquisition_additioncompleted2015-01-16BrazilSmall Businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of all outstanding shares of ZeroPaper Serviços de Informática S/A; 36,055 Intuit shares (approx. $3.1M) issued to equity holders, subject to vesting tied to employment. No employee count disclosed.
2014-07-31acquisition_additioncompleted2014-06-162014-06-16United StatesConsumerUSD 369 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Mobile bill payment application company acquired for approximately $369 million cash and other consideration; headcount added is not disclosed. Consideration includes $27 million for assumed equity awards expensed over up to four years.
2014-07-31divestiture_reductioncompleted2013-07-012013-08-01United StatesIntuit Financial Services (former Financial Services segment)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold for approximately $1.025 billion in cash with a net gain of about $36 million; headcount removed through the disposition is not disclosed.
2014-07-31divestiture_reductioncompleted2013-07-012013-08-19United StatesIntuit Health (former Other Businesses segment)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold for cash consideration that was not significant, following a $46 million goodwill and intangible impairment charge recorded in fiscal 2013; headcount removed is not disclosed.
2014-04-30divestiture_reductioncompleted2013-08-01Intuit Financial Services (former Financial Services segment)USD 36 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of IFS business completed August 1, 2013 for approximately $1.025 billion in cash; gain on disposal of approximately $36 million net of income taxes recorded in Q1 FY2014. Employee headcount transferred was not disclosed.
2014-04-30divestiture_reductioncompleted2013-08-19Intuit Health (former Other Businesses segment)USD 4 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Intuit Health completed August 19, 2013 for cash consideration that was not significant; $4 million pre-tax loss on disposal more than offset by a related income tax benefit of approximately $14 million. Employee headcount transferred was not disclosed.
2014-01-31divestiture_reductioncompleted2013-08-012013-08-01Intuit Financial Services (former Financial Services segment)USD 36 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of IFS business completed August 1, 2013 for approximately $1.025 billion in cash; gain on disposal of approximately $36 million net of income taxes. No employee headcount affected was disclosed.
2014-01-31divestiture_reductioncompleted2013-08-192013-08-19Intuit Health (former Other Businesses segment)USD 4 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Intuit Health completed August 19, 2013 for cash consideration that was not significant; $4 million pre-tax loss on disposal, more than offset by a related income tax benefit of approximately $14 million. No employee headcount affected was disclosed.
2014-01-31divestiture_reductioncompleted2013-08-012013-08-01United StatesFinancial Services (former Financial Services reporting segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the Intuit Financial Services business completed for approximately $1.025 billion cash; no employee headcount impact disclosed.
2014-01-31divestiture_reductioncompleted2013-08-192013-08-19United StatesIntuit Health (former Other Businesses segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale completed for cash consideration that was not significant; no employee headcount impact disclosed.
2013-10-31divestiture_reductioncompleted2013-08-012013-08-01United StatesFinancial Services (former Financial Services reporting segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the Intuit Financial Services business completed 2013-08-01 for approximately $1.025 billion cash; no employee count disclosed for the transferred workforce.
2013-10-31divestiture_reductioncompleted2013-08-192013-08-19United StatesIntuit Health (former Other Businesses segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale approved July 2013 and completed 2013-08-19 for immaterial cash consideration; no employee count disclosed.
2013-10-31acquisition_additioncompleted2013-10-302013-10-30United StatesSmall Businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase of substantially all assets of Full Slate, Inc. closed 2013-10-30; 203,116 shares issued (aggregate value ~$14 million). No headcount of acquired employees disclosed; shares distributed to four equityholders.
2013-07-31divestiture_reductioncompleted2012-08-102012-09-17United StatesFinancial Management Solutions (Intuit Websites)USD 60 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale completed 2012-09-17 for approximately $60 million cash; net gain on disposal of $32 million recorded in FY2013. No employee count disclosed; net assets described as not material.
2013-07-31divestiture_reductioncompleted2013-07-012013-08-01United StatesIntuit Financial Services (former Financial Services segment)USD 1,025 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive sale agreement signed 2013-07-01; sale completed 2013-08-01 for approximately $1.025 billion cash, with an expected pre-tax gain of about $49 million in Q1 FY2014. Classified as discontinued operations in Q4 FY2013. No employee count disclosed.
2013-07-31divestiture_reductioncompleted2013-07-312013-08-19United StatesOther Businesses (Intuit Health)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Management formally approved the sale plan in July 2013; sale completed 2013-08-19 for cash consideration that was not significant. Announcement day within July 2013 not specified; fiscal year-end date used. No employee count disclosed.
2013-07-31restructuringannounced2013-07-312013-08-01GlobalEnterprise-wide realignment into six key businesses (Small Business Financial Solutions, Small Business Management Solutions, Consumer Tax, Consumer Ecosystem, Professional Tax, Accountant and Advisor)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Strategic organizational realignment announced in Q4 FY2013, effective 2013-08-01, centralizing international small business and tax businesses; exact announcement date not stated, so fiscal year-end date used. No headcount impact or charge disclosed; to be reflected in FY2014 segment reporting.
2013-04-30acquisition_additioncompleted2012-05-012012-05-01Financial Management Solutionsbusiness_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Intuit acquired Demandforce, Inc. in May 2012; results included from acquisition date. No headcount figures disclosed.
2013-04-30divestiture_reductioncompleted2012-09-172012-09-17Financial Management Solutions (Intuit Websites)USD 32 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Sold Intuit Websites business for approximately $60 million cash; gain on disposal of approximately $32 million net of income taxes. No headcount figures disclosed.
2012-10-31divestiture_reductioncompleted2012-09-172012-09-17Financial Management Solutions (Intuit Websites business)USD 32 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sold Intuit Websites business for approximately $60 million in cash; recorded a gain on disposal of approximately $32 million net of income taxes. No employee headcount affected was disclosed.
2012-10-31acquisition_additioncompleted2012-052012-05Financial Management Solutions (Demandforce, Inc.)other
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Demandforce, Inc. in May 2012; results included in consolidated operations from acquisition date. No employee headcount added was disclosed.
2012-10-31divestiture_reductioncompleted2012-09-172012-09-17United StatesFinancial Management Solutionsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Intuit Websites business sold for approximately $60 million cash with a ~$32 million after-tax gain; no employee count disclosed for the divested business.
2012-10-31acquisition_additioncompleted2012-052012-05United StatesFinancial Management Solutionsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Demandforce, Inc. acquired in May 2012 and consolidated from the acquisition date; no acquired headcount disclosed. Pre-quarter event, included for completeness.
2012-07-31acquisition_additioncompleted2012-05-182012-05-18United StatesFinancial Management SolutionsUSD 449 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total cash and other consideration of approximately $449 million, including about $44 million for assumed equity awards amortized over up to four years. Headcount added not disclosed.
2012-07-31divestiture_reductionannounced2012-08-102012-10-31United StatesFinancial Management Solutions (Intuit Websites)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Management approved the sale plan in July 2012; definitive agreement signed 2012-08-10 after fiscal year-end, expected to close in Q1 fiscal 2013 with no expected loss. Classified as held for sale and discontinued operations at 2012-07-31. Headcount not disclosed.
2012-07-31divestiture_reductioncompleted2012-03-312012-03-31United StatesFinancial Services (corporate banking business)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Corporate banking business sold in March 2012 for approximately $20 million with a pretax gain of about $4 million recorded in interest and other income. Exact transaction date not specified; headcount not disclosed.
2012-07-31acquisition_additioncompleted2012-05-182012-05-18United StatesFinancial Management SolutionsUSD 449 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired Demandforce, Inc. for approximately $449 million. Headcount added not explicitly disclosed.
2012-04-30divestiture_reductioncompleted2012-03-31United StatesFinancial Services (corporate banking business)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the Financial Services segment's corporate banking business for approximately $20 million in March 2012; no employee count or workforce impact disclosed.
2012-04-30acquisition_additioncompleted2012-05-182012-05-18United StatesFinancial Management SolutionsUSD 424 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Demandforce, Inc. for approximately $423.5 million in cash and other consideration; no headcount of acquired employees disclosed. Charge value represents total purchase consideration, not a workforce charge.
2010-07-31acquisition_additioncompleted2009-11-022009-11-02United StatesOther BusinessesUSD 170 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total consideration approximately $170 million, including about $24 million for cash retention bonuses and assumed equity awards; headcount added not disclosed.
2010-07-31acquisition_additioncompleted2010-05-212010-05-21United StatesOther BusinessesUSD 89 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total consideration approximately $89 million, including about $10 million for cash retention bonuses; headcount added not disclosed.
2010-07-31divestiture_reductioncompleted2010-01-152010-01-15United StatesOther Businesses — Intuit Real Estate Solutionsdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
IRES sold for approximately $128 million cash with a net gain on disposal of $35 million; headcount removed not disclosed. Revenue from IRES was $33 million in fiscal 2010.
2010-07-31acquisition_additioncompleted2010-05-212010-05-21Other BusinessesUSD 89 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Medfusion, Inc. for approximately $89 million.
2010-07-31acquisition_additioncompleted2009-11-022009-11-02Other BusinessesUSD 170 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Mint Software Inc. for approximately $170 million.
2010-07-31acquisition_additioncompleted2009-07-232009-07-23Employee Management SolutionsUSD 169 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of PayCycle, Inc. for approximately $169 million.
2010-07-31divestiture_reductioncompleted2010-01-152010-01-15Other BusinessesUSD 128 (millions)discontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sale of Intuit Real Estate Solutions business for $128 million.
2010-04-30acquisition_additioncompleted2009-07-23United StatesEmployee Management SolutionsUSD 169 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired July 23, 2009 for approximately $169 million; online payroll provider. No headcount figures disclosed.
2010-04-30acquisition_additioncompleted2009-11-02United StatesOther BusinessesUSD 170 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired November 2, 2009 for approximately $170 million; online personal finance services. No headcount figures disclosed.
2010-04-30divestiture_reductioncompleted2010-01-15United StatesOther BusinessesUSD 35 (millions)discontinued_operations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Sold IRES business for approximately $128 million cash; net gain on disposal of $35 million recorded. No headcount figures disclosed.
2010-04-30acquisition_additioncompleted2010-05-21United StatesOther BusinessesUSD 91 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired May 21, 2010 for approximately $91 million in cash; online patient-to-provider communication services. No headcount figures disclosed.
2010-04-30acquisition_additioncompleted2009-11-022009-11-02United StatesOther BusinessesUSD 170 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding equity interests of Mint Software Inc. for total consideration of approximately $170 million; headcount added not disclosed. Consideration includes about $24 million for assumed equity awards and cash retention bonuses expensed over three years.
2010-04-30divestiture_reductioncompleted2010-01-152010-01-15United StatesOther Businesses (Intuit Real Estate Solutions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sold Intuit Real Estate Solutions business for approximately $128 million in cash with a net gain on disposal of $35 million; headcount removed not disclosed. IRES revenue was $33 million for the nine months ended April 30, 2010.
2010-04-30acquisition_additioncompleted2010-05-212010-05-21United StatesOther BusinessesUSD 91 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter acquisition of privately held Medfusion, Inc. for approximately $91 million in cash; headcount added not disclosed.
2010-01-31acquisition_additioncompleted2009-11-02United StatesOther Businessesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding equity interests of Mint Software Inc. for approximately $170 million; no employee headcount added disclosed. Consideration included about $24 million for assumed equity awards and cash retention bonuses expensed over a three-year service period.
2010-01-31divestiture_reductioncompleted2010-01-15United StatesOther Businesses (Intuit Real Estate Solutions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sold the Intuit Real Estate Solutions business for approximately $128 million in cash, recording a net gain on disposal of $35 million; no employee headcount removed disclosed. Business had revenue of approximately $74 million in fiscal 2009.
2009-10-31acquisition_additioncompleted2009-07-232009-07-23United StatesEmployee Management SolutionsUSD 169 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired all outstanding equity interests of PayCycle, Inc., an online payroll provider for small businesses; total purchase price approximately $169 million including fair value of assumed stock options. No headcount figure disclosed.
2009-10-31acquisition_additioncompleted2009-11-022009-11-02United StatesOther BusinessesUSD 171 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired all outstanding equity interests of Mint Software Inc., an online personal finance provider, for total consideration of approximately $171 million, including about $26 million for assumed equity awards and cash retention bonuses expensed over three years. No headcount figure disclosed.
2009-10-31divestiture_reductionannounced2009-11-232010-01-31Other Businesses (Intuit Real Estate Solutions)USD 128 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Definitive agreement to sell Intuit Real Estate Solutions for approximately $128 million in cash; expected to close before end of Q2 fiscal 2010; IRES to be reported as discontinued operation. IRES had net assets of approximately $70 million and fiscal 2009 net revenue of $74 million. No headcount figure disclosed.
2009-10-31acquisition_additioncompleted2009-07-232009-07-23United StatesEmployee Management SolutionsUSD 169 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase price ~$169M; no employee headcount acquired disclosed. Results consolidated from acquisition date.
2009-10-31acquisition_additionannounced2009-11-022009-11-02United StatesOther BusinessesUSD 171 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter acquisition; consideration includes ~$26M for assumed equity awards and retention bonuses over three years. No headcount disclosed.
2009-10-31divestiture_reductionannounced2009-11-232010-01-31United StatesOther Businesses — Intuit Real Estate Solutions (IRES)USD 128 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell IRES for ~$128M cash; treated as discontinued operation in Q2 FY2010. No headcount disclosed; expected close before end of Q2 FY2010.
2009-10-31acquisition_additioncompleted2009-07-23United StatesEmployee Management SolutionsUSD 169 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired PayCycle, Inc. for approx. $169 million. Headcount not disclosed.
2009-10-31acquisition_additioncompleted2009-11-02United StatesOther BusinessesUSD 171 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired Mint Software Inc. for approx. $171 million. Headcount not disclosed.
2009-10-31divestiture_reductionannounced2009-11-232010-04-30United StatesOther BusinessesUSD 128 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to sell Intuit Real Estate Solutions (IRES) for approx. $128 million. Headcount not disclosed.
2009-07-31acquisition_additioncompleted2009-07-232009-07-23Employee Management Solutionsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total purchase price approximately $169 million; acquired headcount not disclosed. Segment discussion notes about $9 million of charges for asset write-downs and workforce consolidation resulting from this acquisition.
2009-07-31acquisition_additionannounced2009-09-112009-12-31Other Businessessubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire Mint Software Inc., cash transaction valued at approximately $170 million including assumed stock options; expected to close before the end of calendar 2009; subject to regulatory approval. Acquired headcount not disclosed.
2009-07-31acquisition_additioncompleted2009-07-232009-07-23United StatesEmployee Management SolutionsUSD 169 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired PayCycle, Inc. for approx $169 million. Headcount not disclosed.
2009-07-31restructuringcompleted2009-07-312009-07-31United StatesEmployee Management SolutionsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges for asset write-downs and consolidation of workforces resulting from PayCycle acquisition.
2008-10-31restructuringin_progress2008-07-312010-08-31Company-wide reallocation of resources to key growth businessesUSD 23 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization plan announced in Q4 fiscal 2008 resulting in workforce reduction; $23.3M liability comprised of ~$16.0M employee severance and ~$7.3M facilities closure costs. Substantially all severance paid in cash during the quarter ended October 31, 2008; remaining facilities costs to be paid through August 2010. Employee headcount affected not quantified in this filing.
2008-10-31restructuringin_progress20082010-08-31USD 23 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization plan announced in Q4 FY2008 (quarter ended 2008-07-31); $23.3M liability comprised ~$16.0M severance and ~$7.3M facilities closure. Severance paid substantially during the quarter ended 2008-10-31; remaining facilities costs payable through August 2010. Number of employees affected not disclosed.
2008-10-31restructuringin_progress2008-07-312010-08-31United StatesCorporateUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced in Q4 FY2008. Includes $16.0M for employee severance and $7.3M for facilities closure. Severance substantially paid in Q1 FY2009.
2008-07-31restructuringin_progress2008-10-31Not specifiedReallocation of resources to key growth businessesUSD 23 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced in the fourth quarter of fiscal 2008 (exact date not disclosed); $23.3M total comprising about $16.0M severance and $7.3M facilities. $3.9M of facilities costs paid in Q4 FY2008; severance expected to be paid in cash during the quarter ending October 31, 2008. Number of employees affected not disclosed.
2008-07-31acquisition_additioncompleted2007-12-182007-12-18United StatesQuickBooks segment (Web site design and hosting for small businesses)USD 170 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total consideration of approximately $170 million on a fully diluted basis; headcount added through the acquisition not disclosed.
2008-07-31acquisition_additioncompleted2008-02-292008-02-29United StatesPayroll and Payments segment (electronic payment processing)USD 131 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase price of approximately $131 million in cash; headcount added through the acquisition not disclosed.
2008-07-31divestiture_reductioncompleted2007-082007-08United StatesOther Businesses segment — Intuit Distribution Management Solutions (IDMS)USD 100 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold for approximately $100 million cash with a net gain on disposal of $27.5 million; treated as a discontinued operation. Employees removed through the sale not disclosed. Only month of sale disclosed.
2008-07-31divestiture_reductioncompleted2007-032008-04-30United StatesPayroll and Payments segment — Complete Payroll and Premier Payroll ServicesUSD 94 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Assets sold to ADP in March 2007 for up to approximately $135 million; total purchase price received of $93.6 million with total pre-tax gain of $83.2 million. Transition of certain outsourced payroll customers completed in the third quarter of fiscal 2008 (current-year activity). Not accounted for as a discontinued operation; employees affected not disclosed.
2008-07-31restructuringcompleted2008-04-012008-10-31GlobalVariousUSD 23 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Restructuring charge recorded in Q4 FY2008 for reallocation of resources to key growth businesses. Includes $16.0M for employee severance and $7.3M for facilities costs. Severance expected to be paid by Oct 31, 2008.
2008-01-31acquisition_additioncompleted2007-12-18QuickBooks segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Homestead Technologies acquired for approximately $170 million; no employee count disclosed.
2008-01-31acquisition_additionannounced2007-12-192008-04-30Payroll and Payments segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire Electronic Clearing House at $17.00 per share, about $131 million; expected to close in fiscal Q3 2008; no employee count disclosed.
2008-01-31divestiture_reductioncompleted2007-08Other Businesses segmentother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
IDMS business sold for approximately $100 million with a $27.5 million net gain; treated as discontinued operations; no employee count disclosed.
2008-01-31divestiture_reductionin_progress2007-03Payroll and Payments segmentother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Complete Payroll and Premier Payroll Service assets sold to ADP; customer transition and gain recognition continued through the period; no employee count disclosed.
2007-10-31acquisition_additioncompleted2007-02-06United StatesFinancial Institutionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition completed 2007-02-06 for approximately $1.34 billion; no headcount added disclosed in this filing.
2007-10-31divestiture_reductioncompleted2007-08-01United StatesOther Businessesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
IDMS business sold August 2007 for approximately $100 million cash; no employee count disclosed.
2007-10-31divestiture_reductionin_progress2007-03-012008-03-31United StatesPayroll and Paymentsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Complete Payroll and Premier Payroll Service assets sold to ADP; customers transitioning over up to one year from March 2007 sale; no employee count disclosed.
2007-10-31acquisition_additionannounced2007-11-202008-01-31United StatesQuickBooksUSD 170 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire Homestead Technologies for approximately $170 million cash; expected to close in Q2 fiscal 2008; no headcount disclosed.
2007-07-31acquisition_additioncompleted2007-02-062007-02-06United StatesFinancial InstitutionsUSD 7 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Headcount added not disclosed. Charge represents change in control and severance costs of $6.6 million incurred as a result of the acquisition, of which $5.8 million was paid in cash during fiscal 2007.
2007-07-31acquisition_additioncompleted2006-08-012006-08-01United StatesQuickBooksbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of all outstanding shares for approximately $60 million cash completed in August 2006; headcount added not disclosed. Announcement date approximated to fiscal period start as only the month of completion is given.
2007-07-31divestiture_reductioncompleted2007-03-012007-03-01United StatesPayroll and Paymentsdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of certain Complete Payroll and Premier Payroll Service assets to ADP for up to approximately $135 million (estimated maximum now approximately $120 million). Not accounted for as a discontinued operation; headcount removed not disclosed. Announcement date given only to month precision.
2007-07-31divestiture_reductioncompleted2007-07-012007-08-01United StatesOther Businessesdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement signed in July 2007; sale completed in August 2007 (after fiscal year-end) for approximately $100 million cash. Treated as a discontinued operation in Q4 fiscal 2007. Headcount removed not disclosed. Dates given only to month precision.
2007-07-31acquisition_additioncompleted2007-02-062007-02-06United StatesFinancial Institutionsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired Digital Insight Corporation. Headcount not explicitly disclosed in filing.
2007-07-31acquisition_additioncompleted2006-08-012006-08-01United StatesQuickBooksbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired StepUp Commerce, Inc. in August 2006. Headcount not explicitly disclosed.
2007-07-31divestiture_reductioncompleted2007-03-012007-03-01United StatesPayroll and Paymentsdiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sold certain assets related to Complete Payroll and Premier Payroll Service businesses to ADP. Headcount not explicitly disclosed.
2007-07-31divestiture_reductioncompleted2007-07-012007-08-01United StatesOther Businessesdiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sold Intuit Distribution Management Solutions (IDMS) business in August 2007. Headcount not explicitly disclosed.
2007-04-30acquisition_additioncompleted2007-02-062007-02-06United StatesFinancial InstitutionsUSD 1,344 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Digital Insight added employees to the new Financial Institutions segment; headcount added not disclosed. Change in control and severance costs of $6.6 million were incurred, of which $5.5 million was paid in cash during the quarter.
2007-04-30divestiture_reductioncompleted2007-03-132008-03-13United StatesPayroll and PaymentsUSD 135 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Complete Payroll and Premier Payroll Service assets to ADP for up to approximately $135 million; final price contingent on customer transitions over a period not to exceed one year. Headcount affected not disclosed.
2007-04-30acquisition_additioncompleted2007-02-06United StatesFinancial InstitutionsUSD 7 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition closed 2007-02-06 for ~$1.34 billion; no acquired headcount disclosed. Filer incurred change-in-control and severance costs of $6.6 million, of which $5.5 million paid in cash during the quarter
2007-04-30divestiture_reductioncompleted2007-03-13United StatesPayroll and Paymentsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Complete Payroll and Premier Payroll Service assets to ADP for up to ~$135 million; no employee count disclosed. Gain recognized as customers transition over a period not to exceed one year
2007-04-30restructuringcompleted2007-02-062007-04-30Financial InstitutionsUSD 7 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Change in control and severance costs totaling $6.6 million incurred as a result of the acquisition of Digital Insight. $5.5 million paid in cash during the three months ended April 30, 2007.
2007-01-31acquisition_additioncompleted2006-11-012007-02-06United StatesFinancial institutions business (new reportable segment from Q3 FY2007)USD 1,350 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Digital Insight completed February 6, 2007 for approximately $1.35 billion including assumed vested options; headcount added not disclosed
2007-01-31acquisition_additionannounced2006-12-012007-04-30United StatesPayroll and PaymentsUSD 142 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Pending acquisition of ECHO for approximately $142 million; expected to close in Q3 fiscal 2007; headcount not disclosed
2007-01-31divestiture_reductionannounced2007-02-022007-04-30United StatesPayroll and Payments (Complete Payroll and Premier Payroll Service businesses)USD 135 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to sell certain payroll service assets to ADP for up to approximately $135 million; final price contingent on customers transitioning; headcount affected not disclosed
2007-01-31acquisition_additionannounced2006-11-012007-02-06United StatesFinancial institutions business (new reportable segment beginning Q3 FY2007)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition completed 2007-02-06 for approximately $1.35 billion; no headcount added disclosed. Filer anticipates restructuring costs (severance and facility vacating) recognized as assumed liabilities increasing goodwill; counts and amounts not yet determinable
2007-01-31divestiture_reductionannounced2007-02-02United StatesPayroll and Payments (Complete Payroll and Premier Payroll Service)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell payroll assets to ADP for up to approximately $135 million; expected to close Q3 FY2007 with gain recognized as customers transition; no headcount reduction disclosed
2007-01-31acquisition_additionannounced2006-12-01United StatesPayroll and Payments (Electronic Clearing House Inc.)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire ECHO for approximately $142 million; subject to shareholder approval, expected to close Q3 FY2007; no headcount added disclosed
2007-01-31acquisition_additioncompleted2006-11-012007-02-06Financial Institutions / Other BusinessesUSD 1,350 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Digital Insight Corporation completed Feb 6, 2007 for approx $1.35 billion. Headcount not explicitly disclosed.
2007-01-31acquisition_additioncompleted2006-08-012006-08-01QuickBooksUSD 60 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of StepUp Commerce, Inc. in August 2006 for approx $60 million. Headcount not explicitly disclosed.
2007-01-31acquisition_additionannounced2006-12-012007-07-31Payroll and PaymentsUSD 142 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Agreement to acquire Electronic Clearing House Inc. (ECHO) for approx $142 million. Expected to close Q3 FY2007. Headcount not explicitly disclosed.
2007-01-31divestiture_reductionannounced2007-02-02Payroll and PaymentsUSD 135 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to sell Complete Payroll and Premier Payroll Service assets to ADP for up to approx $135 million. Headcount not explicitly disclosed.
2006-10-31acquisition_additioncompleted2006-08-01United StatesQuickBooksUSD 60 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of StepUp Commerce, Inc. for approximately $60 million in cash in August 2006; no employee headcount added was disclosed. Charge value reflects purchase price, not a workforce charge.
2006-07-31divestiture_reductioncompleted2005-052005-12-31United StatesOther Businesses (Intuit Information Technology Solutions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
ITS sold December 2005 for approximately $200 million cash; $34.3 million net gain on disposal recorded in FY2006. Headcount not disclosed.
2006-07-31divestiture_reductioncompleted2006-052006-05-31United StatesOther Businesses (Intuit Construction Business Solutions — Master Builder)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold May 2006; $7.7 million net loss on disposal including $10.1 million income tax expense. Business had quarterly revenue of approximately $5 million. Not accounted for as a discontinued operation. Headcount not disclosed.
2006-07-31acquisition_additioncompleted2005-112005-11-30United StatesConsumer Tax (MyCorporation.com)USD 21 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Aggregate purchase price approximately $20.9 million cash; $19.6 million recorded as goodwill. Headcount added not disclosed.
2006-07-31acquisition_additioncompleted2006-08-292006-08-29United StatesQuickBooks (StepUp Commerce, Inc.)USD 60 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired August 29, 2006, after fiscal year end but before the September 15, 2006 filing date. Aggregate purchase price approximately $60.0 million cash. Headcount added not disclosed.
2006-04-30divestiture_reductioncompleted2005-12-012005-12-31Intuit-Branded Small Business (Intuit Information Technology Solutions)USD 34 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
ITS business sold for approximately $200 million in cash in December 2005; net gain on disposal of $34.3 million recorded. No employee headcount figures disclosed.
2006-04-30divestiture_reductioncompleted2006-05-012006-05-31Intuit-Branded Small Business (Master Builder construction management business)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Assets of Master Builder business sold to Sage Software in May 2006; business had quarterly revenue of approximately $5 million. Not treated as a discontinued operation. No employee headcount figures disclosed.
2006-01-31acquisition_additioncompleted2005-112005-11Consumer Tax segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding shares of My Corporation Business Services, Inc. (MyCorporation.com) for $20.9 million cash; no employee headcount added disclosed. Tangible net assets acquired were nominal; $19.5 million recorded as goodwill.
2006-01-31divestiture_reductioncompleted2005-052005-12Intuit-Branded Small Business segment — Intuit Information Technology Solutions (ITS)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Board approved sale plan May 2005; ITS sold December 2005 for approximately $200 million cash (about $20 million held in escrow through December 2006). No employee headcount removed disclosed. Recorded $34.3 million net gain on disposal for the six months ended 2006-01-31.
2005-10-31divestiture_reductionannounced2005-10-012006-01-31Intuit Information Technology Solutions (Intuit-Branded Small Business segment)other
f5-10q / GLM-5.3-flash-fp4-HTML
Definitive agreement signed October 2005 to sell ITS business for approximately $200 million in cash; sale expected to be completed in Q2 fiscal 2006. No employee headcount affected was disclosed. ITS reported as discontinued operations; net assets of $157.3 million at October 31, 2005.
2005-04-30divestiture_reductioncompleted2004-08-012004-12-03United StatesIntuit-Branded Small Business (Intuit Public Sector Solutions)USD 5 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
IPSS business sold to Kintera, Inc. for approximately $11.0 million; loss on disposal of $4.8 million included a $4.3 million income tax provision on the tax gain. Headcount affected not disclosed.
2005-04-30divestiture_reductionannounced2005-05-01United StatesIntuit-Branded Small Business (Information Technology Solutions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Board approved a plan in May 2005 to sell the ITS business; ITS net revenue was $42.3 million in the first nine months of fiscal 2005. Headcount affected not disclosed.
2005-04-30divestiture_reductioncompleted2004-08-012004-12-03United StatesIntuit-Branded Small Business (Intuit Public Sector Solutions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
IPSS business sold to Kintera for ~$11.0M; no employee count disclosed.
2005-04-30divestiture_reductionannounced2005-05-01United StatesIntuit-Branded Small Business (Information Technology Solutions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Board approved sale of ITS in May 2005; no employee count disclosed.
2004-10-31divestiture_reductioncompleted2004-08-012004-12-03United StatesIntuit-Branded Small Business (Intuit Public Sector Solutions)USD 11 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
IPSS classified as discontinued operations in Q1 FY2005; sold to Kintera, Inc. on December 3, 2004 for approximately $11 million. No employee headcount affected was disclosed. IPSS revenue was $2.8 million for the quarter; net loss from discontinued operations included a $3.4 million tax provision on the expected tax gain on sale.
2004-07-31acquisition_additioncompleted2003-10-01United StatesQuickBooks-RelatedUSD 117 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Innovative Merchant Solutions LLC (merchant services) for approximately $116.7 million cash in October 2003; no employee count disclosed. Charge value is the purchase price, not a severance charge.
2004-07-31acquisition_additioncompleted2003-07-01United StatesConsumer TaxUSD 10 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Income Dynamics, Inc. acquired July 2003 (first quarter of fiscal 2004) for approximately $10.0 million in stock and cash; no employee count disclosed. Charge value is purchase price.
2004-07-31othercompleted2003-10-012004-07-31United StatesOther Businesses (Quicken)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company exited the online brokerage business in the first quarter of fiscal 2004; no headcount impact quantified.
2004-07-31othercompleted2004-04-012004-07-31United StatesOther Businesses (Quicken online advertising)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company exited the online advertising business in the fourth quarter of fiscal 2004 following expiration or termination of contracts with significant online advertising customers; no headcount impact quantified.
2004-07-31divestiture_reductionannounced2004-08-01United StatesIntuit-Branded Small Business (Intuit Public Sector Solutions)USD 19 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In August 2004, after fiscal year-end, management formally approved a plan to sell Intuit Public Sector Solutions; subsidiary to be presented as discontinued operations beginning fiscal 2005. Associated charge is the fiscal 2004 goodwill impairment recorded in Q4, not a severance charge. No employee count disclosed.
2004-01-31voluntary_separationcompleted12004-01-302004-01-30United StatesLegal (Senior Vice President and General Counsel)other
f5-10q / GLM-5.3-flash-fp4-HTML
Resignation effective January 30, 2004; employee repaid $87,510 of sign-on bonus and $229,175 of one-time bonus; no IPI payout; unvested options expired.
2004-01-31othercompleted12004-01-082004-01-12United StatesExecutiveother
f5-10q / GLM-5.3-flash-fp4-HTML
Employment ended January 12, 2004; severance lump sum covering January 13 through March 31, 2004 paid in exchange for release of claims; no repayment of $200,000 sign-on bonus required.
2004-01-31othercompleted12004-01-202004-02-13United StatesExecutiveother
f5-10q / GLM-5.3-flash-fp4-HTML
Employment ended February 13, 2004; six months' base salary ($156,000) plus six months' accelerated vesting of a 100,000-share option; $187,200 IPI bonus payable in fiscal 2004 payout cycle.
2004-01-31othercompleted12004-01-072004-02-02United StatesExecutiveother
f5-10q / GLM-5.3-flash-fp4-HTML
Employment ended February 2, 2004; severance of $334,595.50 (eleven months of $365,000 salary) plus $219,000 IPI bonus, in exchange for release of claims.
2003-10-31acquisition_additioncompleted2003-10-04United StatesSmall Business Products and Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closed 2003-10-04 for ~$116.7M cash; merchant account services business added to Small Business segment. No employee headcount for the acquired workforce is disclosed; IMS results described as not material to consolidated results.
2003-10-31acquisition_additioncompleted2003-10-04United StatesSmall Business Products and ServicesUSD 117 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Innovative Merchant Solutions LLC (IMS) for $116.7 million. Headcount not disclosed.
2003-07-31acquisition_additioncompleted2002-09-01United StatesSmall Business Products and ServicesUSD 177 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired September 2002 for approximately $177.3 million cash; branded Intuit Information Technology Solutions. Headcount added not disclosed.
2003-07-31acquisition_additioncompleted2003-02-01United StatesSmall Business Products and Services (Payroll)USD 29 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
February 2003 acquisition of rights to market Premier payroll directly to existing customers for $29.2 million cash; recorded as purchased intangible asset. Headcount added not disclosed.
2003-07-31acquisition_additioncompleted2003-07-01United StatesConsumer TaxUSD 10 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
July 2003 acquisition for approximately $10.0 million (stock and cash). Headcount added not disclosed.
2003-07-31divestiture_reductioncompleted2003-02-072003-02-07JapanOther Businessesdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold wholly owned Japanese subsidiary Intuit KK on February 7, 2003 for 9.5 billion yen (~$79.0 million); accounted for as discontinued operations. Headcount removed not disclosed.
2003-07-31divestiture_reductioncompleted2002-07-312002-07-31United StatesDiscontinued operations (Quicken Loans mortgage business)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of 87.5% of Quicken Loans closed July 31, 2002 (first day of fiscal 2003); residual 12.5% interest sold October 2002. Headcount removed not disclosed.
2003-07-31plant_closurein_progress2002-10-312010-07-31Mountain View, CaliforniaCorporate facilitiesUSD -1 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two vacant leased buildings in Mountain View; $13.2M charge recorded in fiscal 2002. In fiscal 2003 a net $1.1M credit was recorded after deciding to reoccupy one building. Reserve expected to be used by end of fiscal 2010. No employee counts disclosed.
2003-07-31othercompleted2003-07-22United StatesSmall Business Products and ServicesUSD 116 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement signed July 22, 2003 to acquire Innovative Merchant Solutions LLC for up to $116.0 million cash; expected to close in the first quarter of fiscal 2004. Status as subsequent event; headcount not disclosed.
2003-04-30acquisition_additioncompleted2002-09-13United StatesSmall Business Products and Services (Intuit Information Technology Solutions)USD 177 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All-stock-of-cash acquisition of Blue Ocean Software for approximately $177.3 million; no employee headcount figures disclosed in the filing.
2003-04-30divestiture_reductioncompleted2002-07-31United StatesQuicken Loans mortgage businessUSD 6 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Quicken Loans accounted for as discontinued operations; gain on disposal of residual equity interest recorded in Q1 FY2003. No employee headcount figures disclosed.
2003-04-30divestiture_reductioncompleted2003-02-07JapanIntuit KK (wholly owned Japanese subsidiary)USD 71 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Japanese subsidiary for approximately $79 million; $71.0 million gain on disposal net of income taxes recorded in Q3 FY2003. No employee headcount figures disclosed.
2003-04-30divestiture_reductioncompleted2003-02-07JapanIntuit KK (Japanese subsidiary)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of wholly owned Japanese subsidiary for approximately $79 million; headcount not disclosed.
2003-04-30acquisition_additioncompleted2002-09-13United StatesSmall Business Products and Services (Intuit Information Technology Solutions)USD 177 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Blue Ocean Software for $177.3 million in cash; headcount added not disclosed. Prior fiscal quarter (Q1 FY2003) but disclosed in this filing.
2003-04-30divestiture_reductioncompleted2002-07-31United StatesQuicken Loans mortgage businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Quicken Loans mortgage business; headcount removed not disclosed. Prior fiscal quarter (Q4 FY2002) but disclosed in this filing.
2002-10-31divestiture_reductioncompleted2002-07-312002-07-31United StatesQuicken Loans mortgage businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Quicken Loans mortgage business completed on 2002-07-31, the first day of the quarter; no employee count disclosed.
2002-10-31acquisition_additioncompleted2002-09-132002-09-13United StatesOther Small Business Products and ServicesUSD 177 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Blue Ocean Software acquired for ~$177.3M cash; purchase price allocated $13.2M purchased technology, $150.5M goodwill, $7.8M in-process R&D. No headcount disclosed; charge shown is total purchase price, not a workforce charge.
2002-07-31acquisition_additioncompletedUnited StatesSmall Business Verticals and Other; Employer ServicesUSD 326 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five fiscal 2002 acquisitions: OMware (Nov 2001, $35.5M), The Flagship Group (May 2002, $23.3M), CBS Employer Services (Jun 2002, $75.3M cash plus stock), Management Reports/MRI (Jul 2002, $92.2M) and Eclipse (Jul 2002, $88.3M). Headcount added is not disclosed; $325.6M is the aggregate fiscal 2002 purchase price allocation, not a severance charge.
2002-07-31divestiture_reductioncompleted2002-06-242002-07-31United StatesQuicken Loans mortgage business (discontinued operations)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Quicken Loans to BRFC LLC completed July 31, 2002; resulted in a pre-tax gain of $23.3M. Headcount transferred with the business is not disclosed.
2002-07-31plant_closurecompleted2010-07-31Mountain View, CaliforniaCorporate facilitiesUSD 13 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charge recorded in Q3 fiscal 2002 for two vacant leased buildings Intuit decided not to occupy; reserve expected to be utilized by end of fiscal 2010. No associated workforce reduction is disclosed.
2002-07-31acquisition_additionannounced2002-09-132002-09-13United States (Tampa, Florida)Small Business division — Information Technology Management SolutionsUSD 170 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase of Blue Ocean Software completed September 13, 2002 for approximately $170.0M in cash, after fiscal year end but before the filing date; to be operated as a separate business unit. Headcount added is not disclosed.
2001-10-31acquisition_additioncompleted2001-08-222001-11-02Sebastopol, CaliforniaConstruction business solutions divisionUSD 42 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired substantially all assets of OMware, Inc. for up to $42 million in stock. OMware's employees comprise the new division. Specific headcount not disclosed.
2001-07-31acquisition_additioncompleted2000-08United StatesPersonal Finance Division (Web-based finance products)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Intuit acquired the roughly 51% of VFSC it did not already hold for approximately $118 million in cash; headcount added not disclosed. Related goodwill impairment of $51.0 million recorded in fiscal 2001.
2001-07-31acquisition_additioncompleted2001-01United StatesSmall Business Division (payroll/human resources services)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consideration of approximately $41.9 million in stock plus elimination of $8.0 million bridge loans and assumption of approximately $3.4 million of liabilities; headcount added not disclosed.
2001-07-31acquisition_additioncompletedUnited StatesTax Division (professional tax software)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tax and Accounting Software Corporation acquired for $63.0 million in cash plus assumption of approximately $7.8 million of liabilities; acquisition date and headcount added not disclosed. Related purchased R&D charge of $0.2 million in fiscal 2001.
2001-07-31divestiture_reductioncompleted2001-01United StatesPersonal Finance Division (Quicken Insurance)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold for approximately $10.8 million of InsWeb common stock; pre-tax gain of $1.6 million recorded. Headcount removed not disclosed.
2001-07-31divestiture_reductioncompleted2001-05United StatesPersonal Finance Division (Quicken Bill Manager)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consideration payable in stock, cash installments or a combination at buyer's election; pre-tax loss of $16.9 million recorded in Q4 fiscal 2001. Headcount removed not disclosed.
2001-07-31acquisition_additionannounced2001-09-242001-11-30United States (Sebastopol, California)Small Business Division (construction management software)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement signed 2001-08-22, announced 2001-09-24; up to approximately $42 million in Intuit stock ($34 million at closing, up to $8 million contingent). Expected to close November 2001 subject to conditions; headcount to be added not disclosed.
2001-07-31restructuringcompleted2000-12-012001-07-31MichiganQuicken LoansUSD 0 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Quicken Loans closed numerous branch offices transitioning to online/call center model. Fiscal 2001 reorganization costs were $0. Fiscal 2000 costs were $3.5 million.
2001-04-30restructuringcompletedMichiganQuicken LoansUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Costs associated with closing numerous branch offices in Michigan as part of transition to online/call center model. Occurred in Q1 FY2000.
2001-04-30acquisition_additioncompleted2000-08-30Venture Finance Software Corp.USD 118 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of VFSC for $118 million cash. Headcount not disclosed.
2001-04-30acquisition_additioncompleted2000-12-20EmployeeMatters, Inc.USD 42 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of EmployeeMatters for $41.9 million in stock. Headcount not disclosed.
2001-04-30acquisition_additioncompleted2001-04-17Tax and Accounting Software CorporationUSD 63 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of TAASC for $63 million cash. Headcount not disclosed.
2001-04-30divestiture_reductioncompleted2001-01-24Quicken Insurancebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of selected assets of Quicken Insurance business to InsWeb Corp. Headcount not disclosed.
2001-04-30divestiture_reductionannounced2001-05-15Quicken Bill Managersubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Sale of technology assets of Quicken Bill Manager business to Princeton eCom Corporation. Headcount not disclosed.
2001-01-31restructuringcompletedMichiganQuicken LoansUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Costs associated with closing numerous branch offices in Michigan as part of transition to online/call center business. Occurred in Q1 FY2000, disclosed in Q2 FY2001 comparative context.
2000-10-31acquisition_additionannounced2000-11-152001-01-31United StatesSmall Business Division (payroll/HR services)USD 41 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to acquire EmployeeMatters, Inc. for approximately $41.4 million in Intuit stock; headcount not disclosed. Expected to close by end of Q2 fiscal 2001.
2000-10-31divestiture_reductionannounced2000-11-252001-03-31United StatesConsumer Finance Division (QuickenInsurance)USD 14 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Asset Purchase Agreement to sell selected QuickenInsurance assets to InsWeb Corp. in exchange for approximately $14 million of InsWeb common stock; headcount impact not disclosed. Expected to close in first calendar quarter of 2001.
2000-10-31acquisition_additioncompleted2000-08-302000-08-30United StatesSmall Business Divisionbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Intuit acquired remaining ~51% of Venture Finance Software Corp. for ~$118M cash; no headcount disclosed.
2000-10-31acquisition_additionannounced2000-11-152001-01-31United StatesSmall Business Divisionsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire EmployeeMatters, Inc. for ~$41.4M in stock; expected close by end of Q2 FY2001; no headcount disclosed.
2000-10-31divestiture_reductionannounced2000-11-252001-03-31United StatesConsumer Finance Divisionsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell selected QuickenInsurance assets to InsWeb Corp. for ~$14M in stock; no headcount disclosed.
2000-10-31restructuringcompletedMichiganQuicken LoansUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Costs associated with closing numerous branch offices in Michigan as part of transition to online/call center model. No specific employee count disclosed.
2000-10-31acquisition_additioncompleted2000-08-30USD 118 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Venture Finance Software Corp. (VFSC). Purchase price approx $118 million. No specific headcount added disclosed.
2000-10-31acquisition_additionannounced2000-11-152001-04-30Stamford, ConnecticutSmall Business DivisionUSD 41 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to acquire EmployeeMatters, Inc. for approx $41.4 million in stock. Expected completion by end of Q2 FY2001. No specific headcount added disclosed.
2000-07-31plant_closurecompleted1999-12-082000-07-31Michigan, United StatesQuicken Loans (mortgage) — branch officesUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Rock Financial closed approximately 25 branch offices during FY2000 as part of transition from branch-based to online/call-center mortgage model. Reorganization costs of $3.5M in FY2000. Employee headcount affected not disclosed.
2000-07-31acquisition_additioncompleted1999-12-081999-12-08United StatesConsumer Finance — Quicken Loansbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pooling-of-interests acquisition of Rock Financial and Title Source; headcount added not disclosed.
2000-07-31acquisition_additioncompleted1999-08-091999-08-09United StatesTax Division — online tax preparationbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash acquisition for approximately $52.0 million; headcount added not disclosed.
2000-07-31acquisition_additioncompleted1999-08-021999-08-02United StatesSmall Business Divisionbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Stock acquisition for approximately $33.5 million; headcount added not disclosed.
2000-07-31acquisition_additioncompleted1999-11-301999-11-30United StatesSoftware/web productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Stock acquisition for approximately $22.1 million; headcount added not disclosed.
2000-07-31acquisition_additioncompleted1999-08-101999-08-10CanadaSoftware/web productsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash acquisition for approximately $7.5 million; headcount added not disclosed.
2000-07-31acquisition_additioncompleted1999-05-031999-05-03United StatesSmall Business Division — Payroll Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash and stock acquisition for approximately $200 million; headcount added not disclosed.
2000-07-31acquisition_additioncompleted2000-08-302000-08-30United StatesConsumer Finance — bill managementsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash acquisition for approximately $119 million after fiscal year-end; headcount added not disclosed.
2000-07-31plant_closurecompleted1999-01-012000-07-31MichiganQuicken LoansUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of branch offices and reallocation of resources to online/call center. Filer notes closing approximately 25 branch offices during fiscal 2000 transition. Charge includes fixed asset write-offs, lease commitments, and severance.
2000-04-30plant_closurecompletedMichigan, United StatesMortgage (Rock Financial)USD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Rock Financial closed numerous Michigan branch offices pre-acquisition as it transitioned to an online mortgage model; $3.5M reorganization cost recorded for nine months ended April 30, 2000. No employee count disclosed.
2000-04-30acquisition_additioncompleted1999-05-031999-05-03United StatesSmall Business (Payroll Services)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
CRI acquisition completed May 3, 1999 for approximately $200 million; no headcount addition disclosed.
2000-04-30acquisition_additioncompleted1999-12-081999-12-08United StatesConsumer Finance (Mortgage)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Rock and Title Source acquired December 8, 1999 as a pooling of interests; no headcount addition disclosed.
2000-04-30acquisition_additioncompleted1999-11-301999-11-30United StatesSmall Businessbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Turning Mill acquired November 30, 1999 for approximately $22 million in stock; no headcount addition disclosed.
2000-04-30plant_closurecompletedMichiganRock Financial CorporationUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Costs associated with Rock's closure of numerous branch offices prior to acquisition as mortgage business transitioned to online.
2000-04-30othercompleted2000-03-092000-05-15Executiveother
f5-10q / Qwen3.6-27B-Q8_0
Separation of Mark R. Goines, effective May 15, 2000.
2000-04-30othercompleted2000-05-022000-06-16Executiveother
f5-10q / Qwen3.6-27B-Q8_0
Separation of James J. Heeger, effective June 16, 2000.
2000-01-31restructuringin_progressMichiganRock Financial mortgage branch officesUSD 4 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Costs relate to Rock's closure of numerous Michigan branch offices as the mortgage business transitioned from branch-based to online; $2.0 million incurred in prior-year six-month period, $3.5 million in current six-month period. No employee counts disclosed.
2000-01-31acquisition_additioncompleted1999-12-08MichiganConsumer Financebusiness_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Rock Financial Corporation (approximately 8.6 million Intuit shares) and Title Source, Inc. (approximately 150,000 shares), accounted for as pooling of interests. Headcount added not disclosed.
2000-01-31acquisition_additioncompleted1999-05-03United StatesSmall Business / payroll servicesUSD 200 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Computing Resources, Inc., a payroll services provider, for approximately $200 million in cash and stock; purchase accounting with ~$187 million allocated to intangibles and goodwill. Headcount added not disclosed.
2000-01-31plant_closurecompletedMichigan, United StatesMortgage (Rock Financial)USD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Rock Financial closed numerous Michigan branch offices transitioning from traditional to online mortgage business; $3.5M charge for six months ended Jan 31, 2000; no employee count disclosed.
2000-01-31acquisition_additioncompleted1999-12-081999-12-08Michigan, United StatesConsumer Finance / Mortgagebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Rock Financial and Title Source acquired via pooling of interests; no headcount addition disclosed.
2000-01-31acquisition_additioncompleted1999-11-301999-11-30Acton, Massachusetts, United StatesSoftware / Internetbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Turning Mill Software acquired for approximately $22 million in stock; no headcount addition disclosed.
2000-01-31restructuringcompletedMichiganMortgage/Rock FinancialUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Costs associated with Rock's closure of numerous branch offices prior to acquisition as business transitioned to online.
2000-01-31acquisition_additioncompleted1999-12-08MichiganConsumer Finance/Rock Financialbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Rock Financial Corporation and Title Source, Inc. accounted for as pooling of interests.
2000-01-31acquisition_additioncompleted1999-11-30MassachusettsSmall Business/Turning Millbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Turning Mill Software, Inc. for approximately $22 million in stock.
1999-10-31acquisition_additioncompleted1999-05-03Reno, NevadaPayroll Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Computing Resources, Inc. (CRI). Headcount not disclosed.
1999-10-31acquisition_additioncompleted1999-08-02Boston, MASoftware Developmentbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Boston Light Software Corp. Headcount not disclosed.
1999-10-31acquisition_additioncompleted1999-08-09Rome, GATax Preparation Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of SecureTax.com. Headcount not disclosed.
1999-10-31acquisition_additioncompleted1999-08-10Ontario, CanadaSoftware Developmentbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Hutchison Avenue Software Corporation. Headcount not disclosed.
1999-10-31acquisition_additionannounced1999-10-071999-12-08MichiganConsumer Mortgagessubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Proposed acquisition of Rock Financial Corporation announced Oct 7, completed Dec 8. Headcount not disclosed.
1999-10-31acquisition_additionannounced1999-11-30Acton, MASoftware Developmentsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Turning Mill Software, Inc. completed Nov 30. Headcount not disclosed.
1999-07-31restructuringcompleted2709%1997-10-011997-10-01WorldwideTechnical SupportUSD 10 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 1997 action. Consolidated US technical support facilities and outsourced European support. 270 employees reduced, approx 9% of worldwide workforce. Charge incurred in Q4 FY97. No remaining balances as of FY99.
1999-07-31acquisition_additioncompleted1999-05-031999-05-03United States (Reno, Nevada)Small Business Division — Payroll Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Computing Resources, Inc., a payroll processing service provider. Purchase price ~$200 million. No employee headcount disclosed for the acquired workforce.
1999-07-31acquisition_additioncompleted1999-08-021999-08-02United States (Boston, MA)Small Business Divisionsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Boston Light Software Corp. for ~$33.5 million in stock; 482,910 employee stock options assumed. No employee headcount disclosed.
1999-07-31acquisition_additioncompleted1999-08-091999-08-09United States (Rome, GA)Tax Divisionsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of SecureTax.com for ~$52 million in cash. No employee headcount disclosed.
1999-07-31acquisition_additioncompleted1999-08-101999-08-10Canada (Ontario)International Divisionsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Hutchison Avenue Software Corporation for ~$7.5 million in cash; 395,058 employee stock options assumed. Total purchase price including options ~$18.5 million. No employee headcount disclosed.
1999-07-31acquisition_additionannounced1999-10-07United States (Michigan)Consumer Finance Division — QuickenMortgagesubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Proposed acquisition of Rock Financial Corporation for ~$370 million in Intuit shares; subject to regulatory and shareholder approval. Expected to close in Q2 FY2000. No employee headcount disclosed.
1999-04-30acquisition_additioncompleted1999-04-071999-04-07Tax DivisionUSD 11 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired customer list and intellectual property rights of TaxByte, Inc., a professional tax preparation software company serving approximately 3,600 firms; no employee headcount disclosed.
1999-04-30acquisition_additioncompleted1999-03-021999-05-03Reno, NevadaSmall Business Division (payroll services)USD 200 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Computing Resources, Inc., a payroll services provider, for approximately $200 million; no employee headcount disclosed.
1999-04-30acquisition_additioncompleted1999-03-021999-05-03Reno, NevadaPayroll ServicesUSD 200 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Computing Resources, Inc. (CRI) completed May 3, 1999. Purchase price approx $200 million. Employee count not disclosed.
1999-04-30acquisition_additioncompleted1999-06-111999-06-11Tax PreparationUSD 8 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of customer list and IP of Compucraft Tax Services, LLC for approx $8 million. Employee count not disclosed.
1999-01-31acquisition_additionannounced1999-03-021999-06-30United States (Reno, Nevada)Small Business Division — Payroll ServicesUSD 200 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire Computing Resources, Inc. for ~$200M ($100M cash + $25M stock at closing, $75M cash over three annual installments). No employee count disclosed. Expected to close in Q2 calendar 1999, subject to regulatory approval.
1998-07-31restructuringcompletedEuropeCustomer service, technical support, manufacturing, order fulfillmentItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 1998 restructuring centralized European management in Munich and outsourced customer service, technical support, manufacturing, and order fulfillment to third-party vendors; no employee count or charge disclosed
1998-07-31acquisition_additioncompleted1998-06-221998-06-22United States (Texas)Tax Division — Professional tax productsUSD 400 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired substantially all assets and liabilities of Lacerte Software Corporation and Lacerte Educational Services for $400 million cash; no employee headcount disclosed for acquired workforce
1998-07-31divestiture_reductioncompleted1997-08-071997-08-07United StatesConsumer software and direct marketing (Parsons subsidiary)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold Parsons subsidiary to Broderbund Software for approximately $31 million; no employee headcount disclosed for divested workforce
1998-07-31restructuringcompleted2709%1997-10-011998-07-31United States and EuropeTechnical Support and SalesUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charge recorded in Q4 FY1997 for consolidation of technical support facilities. Workforce reduced by approx 270 employees or 9%.
1998-04-30acquisition_additionannounced1998-05-181998-10-31United StatesTax Division (professional tax preparation software)USD 400 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Pending asset purchase of Lacerte Software Corporation and Lacerte Educational Services for $400 million cash plus assumption of substantially all liabilities; expected to close by end of fiscal Q1 1999. No employee headcount figures disclosed. Expected ~$20 million purchased R&D write-off and ~$390 million capitalized intangibles.
1998-04-30divestiture_reductioncompleted1997-08-071997-08-07United StatesConsumer software and direct marketing (Parsons subsidiary)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Parsons sold to Broderbund for approximately $31 million; no employee count disclosed.
1998-04-30acquisition_additionannounced1998-05-181998-09-30United StatesTax division (professional tax preparation software and services)USD 400 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Asset purchase agreement to acquire Lacerte for $400 million cash; expected to close by end of Q1 fiscal 1999; no headcount disclosed. Charge label reflects purchase price, not a severance or restructuring charge.
1998-04-30restructuringcompletedUnited States and EuropeCustomer Service and Technical SupportMD&A
f5-10q / Qwen3.6-27B-Q8_0
Filer notes cost reductions due to restructuring and consolidation of technical support facilities in the fourth quarter of fiscal 1997. No specific headcount or charge amount is disclosed in this filing.
1998-01-31restructuringcompletedUnited States and EuropeTechnical SupportMD&A
f5-10q / Qwen3.6-27B-Q8_0
Filer notes 'cost reductions due to the restructuring and consolidation of our technical support facilities in the United States and Europe in the fourth quarter of fiscal 1997.' No specific headcount or charge amount is disclosed for this action in the current quarter.
1997-10-31divestiture_reductioncompleted1997-08-071997-08-07United StatesConsumer software and direct marketing (Parsons Technology, Inc.)USD 4 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Parsons subsidiary to Broderbund completed August 7, 1997 for approximately $31 million; pre-tax gain of $4.3 million recorded with related $2.7 million tax provision. Headcount removed not disclosed.
1997-10-31divestiture_reductioncompleted1997-08-071997-08-07United StatesConsumer software and direct marketing (Parsons Technology)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Parsons Technology to Broderbund for ~$31M; no employee count disclosed.
1997-10-31restructuringcompletedUnited States and EuropeTechnical support operationsUSD 10 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring of technical support operations recorded in Q4 fiscal 1997; referenced in current-quarter MD&A but no employee count disclosed.
1997-10-31restructuringcompletedUnited States and EuropeTechnical SupportUSD 10 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Charge recorded in Q4 FY1997 for restructuring technical support operations. Employee count not disclosed in this Q1 FY1998 filing.
1997-10-31divestiture_reductioncompleted1997-08-071997-08-07United StatesConsumer Software and Direct Marketing (Parsons Technology)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Sale of Parsons Technology subsidiary completed August 7, 1997. Headcount removed not explicitly quantified in this filing.
1997-07-31restructuringin_progress2709%1997-06United States (Rio Rancho NM, Northern California) and EuropeTechnical support and European administrative/technical supportUSD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consolidated program comprising closure of Rio Rancho NM technical support facility (consolidated into Tucson AZ), reorganization of European administrative and technical support functions with outsourcing, and concurrent Northern California staff reductions. Charge comprises ~$5.4M severance and ~$5.0M facility commitments. ~$9.1M accrued at July 31, 1997 for payment in fiscal 1998.
1997-07-31divestiture_reductioncompleted9001997-01-271997-08-07United StatesIntuit Services Corporation (online banking/bill payment processing) and Parsons Technology (consumer software/direct marketing)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Combined figure of ~900 employees across two divestitures: ISC sale to Checkfree completed 1997-01-27 (during fiscal year) and Parsons sale to Broderbund completed 1997-08-07 (subsequent event). Filer does not break out headcount by divestiture.
1997-07-31restructuringcompleted2709%1997-06-01WorldwideTechnical Support, European Admin, Northern CaliforniaUSD 10 (millions)Item_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of technical support facilities (Rio Rancho to Tucson), reorganization of European operations, and staff reductions in Northern California. Charge includes severance and facility commitments.
1997-07-31divestiture_reductioncompleted900United StatesBanking/Bill Payment (ISC) and Direct Marketing (Parsons)Item_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Workforce reduction resulting from the sale of Intuit Services Corporation (ISC) in Jan 1997 and Parsons Technology in Aug 1997.
1997-04-30restructuringannounced2701997-06-10United States and EuropeTechnical support and other operationssubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Restructuring of US technical support, outsourcing of European technical support, and centralization of European activities in Germany; worldwide workforce reduced by approximately 270 employees; material restructuring charges expected in future periods.
1997-04-30plant_closureannounced1997-06-10Rio Rancho, New Mexico, United StatesTechnical supportsubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Technical support facility in Rio Rancho, New Mexico to be closed and its operations consolidated within the Tucson, Arizona technical support facility.
1997-04-30restructuringannounced1997-06-10EuropeTechnical support and European operationssubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
European technical support to be outsourced and European operations centralized in Munich, Germany, while retaining sales offices in the United Kingdom and France.
1997-04-30divestiture_reductionannounced1997-05-29United StatesConsumer software and direct marketing (Parsons Technology)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Letter of intent to sell Parsons Technology subsidiary to Broderbund Software; Intuit will retain the Parsons line of tax products; transaction subject to board, government and other approvals. Headcount impact not disclosed.
1997-04-30restructuringannounced2701997-06-10Worldwide (United States, Europe)Technical support operations; European operations; Northern California staffsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced after quarter end. Includes closing Rio Rancho, NM facility consolidating into Tucson, AZ; centralizing European operations in Munich, Germany; concurrent Northern California staff reductions. Filer states material restructuring charges expected in future periods but does not quantify them.
1997-04-30restructuringannounced2701997-06-10WorldwideTechnical Supportsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced June 10, 1997. Includes restructuring of U.S. technical support, outsourcing European technical support, centralizing European activities in Germany, and concurrent staff reductions in Northern California. Expected to result in material restructuring charges.
1997-01-31divestiture_reductioncompleted1996-09-151997-01-27United StatesOnline banking and bill payment transaction processing (Intuit Services Corporation)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of ISC subsidiary to Checkfree completed 1997-01-27; no employee headcount impact disclosed.
1997-01-31acquisition_additionannounced1997-02-011997-03-31JapanSmall business accounting software (Nihon Micom Co. Ltd.)USD 39 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Milkyway KK agreement to acquire Nihon Micom for approximately $39 million cash; expected close March 1997. No employee headcount disclosed.
1997-01-31acquisition_additionannounced1997-021997-03JapanSmall Business AccountingUSD 39 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Milkyway KK signed agreement to acquire Nihon Micom Co. Ltd. for approx $39 million. Options to purchase up to 200,000 shares of Intuit common stock to be granted to employees of Nihon Micom.
1996-10-31acquisition_additioncompleted1996-09-18United StatesInternet / mutual fund information servicesUSD 5 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase completed September 1996; $14.6M purchase price paid in 212,053 shares plus options for ~33,686 shares. Headcount added not disclosed; $4.9M in-process R&D expensed this quarter.
1996-10-31divestiture_reductionannounced1996-09-161997-03-31United StatesIntuit Services Corporation (ISC) — online banking and bill paymentother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Planned sale of ISC to CheckFree for 12.6M CheckFree shares (~23% of resulting shares); expected to close early calendar 1997 subject to CheckFree stockholder approval. Headcount removed not disclosed; deferred net loss of ~$1.7M for the quarter on discontinued operations.
1996-10-31acquisition_additioncompleted1996-01-01JapanUSD 1 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Milkyway KK completed in January 1996. Treated as pooling of interests. $0.6 million acquisition-related expenses recorded. Headcount not disclosed.
1996-10-31acquisition_additioncompleted1996-06-01USD 9 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Interactive Insurance Services Corp. (IIS) completed in June 1996. Purchase price approx. $9.0 million. $8.0 million in-process R&D expensed in prior quarter. Headcount not disclosed.
1996-10-31acquisition_additioncompleted1996-09-01USD 15 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Galt Technologies, Inc. completed in September 1996. Purchase price $14.6 million. $4.9 million in-process R&D expensed in current quarter. Headcount not disclosed.
1996-10-31divestiture_reductionannounced1996-09-161997-03-31Online banking and bill paymentbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced plans to sell Intuit Services Corporation (ISC) to CheckFree Corporation. Transaction expected to consummate in early calendar year 1997. Headcount not disclosed.
1996-07-31acquisition_additioncompleted1996-01-021996-01-02JapanSoftware DevelopmentItem 1 - Recent Corporate Transactions
f5-10k / Qwen3.6-27B-Q8_0
Acquired Milkyway, a provider of PC-based financial software in Japan. No specific headcount disclosed.
1996-07-31acquisition_additioncompleted1996-06-011996-06-01United StatesElectronic Financial ServicesItem 1 - Recent Corporate Transactions
f5-10k / Qwen3.6-27B-Q8_0
Acquired Interactive Insurance Services Corp. (IIS). No specific headcount disclosed.
1996-07-31acquisition_additioncompleted1996-09-031996-09-03United StatesElectronic Financial ServicesItem 1 - Recent Corporate Transactions
f5-10k / Qwen3.6-27B-Q8_0
Acquired GALT Technologies, Inc. No specific headcount disclosed.
1996-07-31divestiture_reductionannounced1996-09-151997-03-31United StatesBanking and Bill Payment ProcessingItem 1 - Pending Sale of ISC
f5-10k / Qwen3.6-27B-Q8_0
Announced agreement to sell ISC subsidiary. Transaction expected to close by early calendar 1997. No specific headcount disclosed.
1996-04-30acquisition_additioncompleted1996-01-021996-01-02JapanInternational / PC-based financial softwareUSD 1 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Milkyway KK acquired as pooling of interests; 650,000 Intuit shares issued plus $0.6M legal/professional fees. No employee headcount disclosed.
1996-04-30acquisition_additionannounced1996-05-291996-06-30United StatesInternet-based insurance servicessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Interactive Insurance Services acquired with ~172,000 Intuit shares; expected one-time in-process R&D charge of $7–8M in Q4 FY1996. No employee headcount disclosed.