Intuit Research and Development Expenses 2010-2024 | INTU

Intuit annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Intuit research and development expenses for the quarter ending January 31, 2024 were $0.678B, a 7.62% increase year-over-year.
  • Intuit research and development expenses for the twelve months ending January 31, 2024 were $2.642B, a 6.45% increase year-over-year.
  • Intuit annual research and development expenses for 2023 were $2.539B, a 8.18% increase from 2022.
  • Intuit annual research and development expenses for 2022 were $2.347B, a 39.87% increase from 2021.
  • Intuit annual research and development expenses for 2021 were $1.678B, a 20.55% increase from 2020.
Intuit Annual Research and Development Expenses
(Millions of US $)
2023 $2,539
2022 $2,347
2021 $1,678
2020 $1,392
2019 $1,233
2018 $1,186
2017 $998
2016 $881
2015 $798
2014 $714
2013 $647
2012 $618
2011 $566
2010 $564
2009 $556
Intuit Quarterly Research and Development Expenses
(Millions of US $)
2024-01-31 $678
2023-10-31 $680
2023-07-31 $680
2023-04-30 $604
2023-01-31 $630
2022-10-31 $625
2022-07-31 $627
2022-04-30 $600
2022-01-31 $590
2021-10-31 $530
2021-07-31 $521
2021-04-30 $464
2021-01-31 $368
2020-10-31 $325
2020-07-31 $393
2020-04-30 $332
2020-01-31 $333
2019-10-31 $334
2019-07-31 $333
2019-04-30 $311
2019-01-31 $295
2018-10-31 $294
2018-07-31 $311
2018-04-30 $296
2018-01-31 $286
2017-10-31 $293
2017-07-31 $263
2017-04-30 $246
2017-01-31 $243
2016-10-31 $246
2016-07-31 $235
2016-04-30 $228
2016-01-31 $205
2015-10-31 $213
2015-07-31 $215
2015-04-30 $206
2015-01-31 $188
2014-10-31 $189
2014-07-31 $166
2014-04-30 $186
2014-01-31 $186
2013-10-31 $176
2013-07-31 $144
2013-04-30 $166
2013-01-31 $169
2012-10-31 $168
2012-07-31 $128
2012-04-30 $163
2012-01-31 $164
2011-10-31 $163
2011-07-31 $153
2011-04-30 $164
2011-01-31 $158
2010-10-31 $156
2010-07-31 $138
2010-04-30 $141
2010-01-31 $144
2009-10-31 $141
2009-07-31 $150
2009-04-30 $130
2009-01-31 $140
Sector Industry Market Cap Revenue
Computer and Technology Computer Software $171.699B $14.368B
Intuit Inc. is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small businesses, consumers and accounting professionals globally. The company has four reportable segments: Small Business and Self-Employed Group, Consumer and Strategic Partner, ProConnect and Credit Karma. Small Business and Self-Employed Group segment serves small businesses and self-employed people around the world. Intuit's offerings include QuickBooks financial and business-management online services and desktop software, payroll solutions, merchant payment-processing solutions, and financing for small businesses. Consumer segment offers DIY and assisted TurboTax income-tax preparation products and services. ProConnect serves professional accountants in the United States and Canada, who are essential to both small businesses' success and tax preparation and filing.
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