On Feb.16, Intuit
- Revenues rose 14.6%, and GAAP EPS increased 32.5%.
- Earnings reflect a $0.14-per-share benefit from an asset sale, and $0.06 per share in stock compensation expenses.
- QuickBooks and small-biz software revenues increased in the mid-teens. Tax revenue's 35% year-over-year increase reflects a timing difference, with comparable revenue increase at 10%.
(Figures in thousands, except percentage and per-share data)
Income Statement Highlights
Q2 2006 | Q2 2005 | % Change | |
|---|---|---|---|
Sales | $742,704 | $648,244 | +14.6% |
Net Profit | $184,949 | $147,252 | +25.6% |
EPS | $1.02 | $0.77 | +32.5% |
Get back to basics with a look at the income statement.
Margin Checkup
Q2 2006 | Q2 2005 | Change | |
|---|---|---|---|
Gross Margin | 82.24% | 82.04% | +0.20% |
Op. Margin | 32.61% | 33.66% | -1.04% |
Net Margin | 24.90% | 22.72% | +2.19% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q2 2006 | Q2 2005 | % Change |
|---|---|---|---|
Cash+ ST Invest. | $833,876 | $884,630 | -5.7% |
Inventory | $- | $- | N/A |
Accounts Rec. | $319,493 | $307,800 | +3.8% |
Liabilities | Q2 2006 | Q2 2005 | % Change |
|---|---|---|---|
Long-Term Debt | $- | $- | N/A |
Accounts Pay. | $122,788 | $102,280 | +20.1% |
Cash Flow Highlights
Q2 2006 | Q2 2005 | % Change | |
|---|---|---|---|
Cash From Ops | $86,437 | $132,850 | -34.9% |
Capital Expend. | $47,912 | $37,560 | +27.6% |
Free Cash Flow | $38,525 | $95,290 | -59.6% |
Find out why Fools always follow the money.
Related Companies:
- Microsoft
(NASDAQ:MSFT) - H&R Block
(NYSE:HRB) - Jackson Hewitt
(NYSE:JTX)
Intuit and Microsoft areMotley Fool Inside Valuerecommendations. If you'd like a look at other cash-cows before the market realizes what it's missing, afree trialis available.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, socheckFool.comformore of our in-depth discussion of what the numbers mean.
At the time of publication, Seth Jayson had shares of Microsoft but no positions in any other company mentioned. Fool rules are here.
