Intuit Inc.
INTUQ2 2024(INTU Q3 FY2024)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$1.7B
AI Revenue (Q)
$202.1M
Total Revenue (Q)
$6.7B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2024 10-Q (nine months ended April 30, 2024) shows no AI-specific revenue disclosure. This is the peak tax season quarter with approximately $6,737M in revenue. No changes to significant accounting policies. Filing notes mention FASB segment reporting and income tax standards. Intuit Assist has been available for one full tax season now, supporting TurboTax users with AI-powered assistance, but remains bundled into existing subscription tiers. No separate AI revenue line. Maintaining 3% estimate.
Analyzed by claude-opus-4-6
Quoted Figures
There have been no changes to our significant accounting policies during the first nine months of fiscal 2024.
10-Q Q3 FY2024, Significant Accounting Policies
AI Products Identified (Ring 1)
Intuit Assist (GenAI financial assistant)QuickBooks AI categorization and cash flow insightsTurboTax AI-powered tax preparation and reviewCredit Karma AI recommendations
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
QuickBooks Online subscriptionsTurboTax Online/LiveCredit Karma lead generationMailchimp marketing automation
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix