Every material Form 8-K Intuit filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Intuit reported fiscal first-quarter 2025 results for the period ended October 31, 2024, with revenue up 10% to $3.3 billion while GAAP diluted earnings per share fell 18% to $0.70. Non-GAAP diluted EPS rose 1% to $2.50. The company reiterated its full fiscal 2025 guidance and approved a quarterly dividend of $1.04 per share, up 16% from a year earlier.
Revenue of $3.3 billion, up 10%; Global Business Solutions Group revenue of $2.5 billion, up 9%; Credit Karma revenue of $524 million, up 29%.
GAAP operating income fell 12% to $271 million, including a $9 million restructuring charge and a $42 million net loss on a private company investment.
Full fiscal 2025 guidance reiterated; second-quarter guidance calls for revenue of $3.812 billion to $3.845 billion and non-GAAP diluted EPS of $2.55 to $2.61.
Quarterly dividend of $1.04 per share payable January 17, 2025, to holders of record as of January 9, 2025.
Intuit's Board of Directors approved an amended Non-Employee Director Compensation Program on October 31, 2024, effective January 23, 2025. The filing attaches the revised program as Exhibit 99.01, and it sets the annual equity and cash pay for non-employee directors.
Annual Director Grant of restricted stock units valued at $280,000, or $350,000 for the Chair of the Board
Annual cash compensation for a non-employee director of $75,000, with $90,000 for the Chair of the Board
Directors must hold Intuit shares worth ten times the annual Board cash retainer within five years of joining the Board
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Intuit filing is on SEC EDGAR ↗. 8-K briefs of other companies →