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Intuit (BSP:INTU34) Research & Development : R$13,070 Mil (TTM As of Jan. 2024)


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What is Intuit Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Intuit's Research & Development for the three months ended in Jan. 2024 was R$3,335 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 was R$13,070 Mil.

Intuit Research & Development Historical Data

The historical data trend for Intuit's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intuit Research & Development Chart

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,658.89 7,340.71 8,660.33 12,599.17 12,188.47

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,271.09 3,032.99 3,264.34 3,438.01 3,334.54

Intuit Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$13,070 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Intuit  (BSP:INTU34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Intuit Research & Development Related Terms

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Intuit (BSP:INTU34) Business Description

Industry
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Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Website
https://www.intuit.com
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

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