Company Fast Facts

Intuit Inc.

Our Business:

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Our flagship products and services, including QuickBooks, Quicken and TurboTax software, simplify small business management, payroll and payment processing, personal finance, and tax preparation and filing. ProSeries and Lacerte are Intuit's leading tax preparation software suites for professional accountants. The company's financial institutions division, anchored by Intuit Financial Services, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Our Workplace:

"Bring Your Whole Self to Work" is our workplace mantra. It acknowledges the overlap between the professional and the personal, and that one should not dominate the other. It means working efficiently to get work done - you won't get "extra credit" for staying late just to do more work - and giving yourself time to do what matters outside business hours.

Recognizing that it's impossible to separate our personal and professional lives, we offer employees a variety of programs to help them grow, both personally and professionally. It's this type of commitment to our employees that has earned us recognition as one of America's Best Companies to Work For for 10 consecutive years.

Corporate Headquarters:

2632 Marine Way
Mountain View, CA 94043
650-944-6000
Company History:
Founded: 1983
Founders: Scott Cook and Tom Proulx
Date Public: 1993
Executives:
Brad Smith President and Chief Executive Officer
Bill Campbell Chairman of the Board
Scott Cook Chairman of the Executive Committee
Financial Information:
Stock Symbol: Nasdaq: INTU
Fiscal Year 2012
Revenue: $4.15 billion
GAAP
Net Income: $792 million
Operating Income: $1,177 million
Non-GAAP
Net Income: $906 million
Operating Income: $1,404 million
Financial Reconciliations
Employees: 8,500
Significant Company Acquisitions:
1993 ChipSoft, Inc. (TurboTax product line)
1998 Lacerte Software Corporation and Lacerte Educational Services Corporation (Professional tax)
1999 TaxByte, Inc. (Professional tax)
1999 Computing Resources, Inc. (Payroll services)
1999 Compucraft Tax Services, LLC (Professional tax)
1999 Boston Light Software Corporation (Small business services)
1999 SecureTax, Inc. (Professional tax)
1999 Turning Mill Software, Inc. (Small business services)
1999 Rock Financial Corporation (Quicken Loans) Business sold to Quicken Loans management team in August 2002.
2000 Greenpoint Software Ltd. (Professional tax - Canada)
2000 EmployeeMatters, Inc. (Employee administration services)
2001 Tax and Accounting Software Corporation (Professional tax)
2002 CBS Employer Services (Payroll services)
2002 Management Reports Inc. (Property manager solutions)
2002 Eclipse, Inc. (Wholesale durable goods distributors management software) Business sold to Activant Solutions in August 2007.
2003 Income Dynamics, Inc (Consumer tax)
2003 Innovative Merchant Solutions (Small business services)
2005 MyCorporation.com (Online business incorporation services)
2006 StepUp Commerce Inc. (Online shopping services)
2007 Digital Insight Corp. (On-demand banking services)
2007 Homestead Technologies Inc. (Web site and Web store solutions)
2008 Electronic Clearing House Inc. (Electronic payment processing solutions)
2009 PayCycle, Inc. (online payroll for small business)
2010 Medfusion (Online patient-to-provider healthcare communications)