Intuit does not disclose actual QBE revenue. It is responsible for the continued growth of QB desktop revenue, which reached $1.4 billion for fiscal 2024, up 25.1 percent from $1.11 billion the prior year. Meanwhile, QB Online revenue jumped to $3.39 billion for the most recently ended year, an 18.6-percent increase from $2.85 billion for fiscal 2023. Intuit had little to say about QBO Advanced, the company’s online entry for the mid-market. During the recent earnings webcast, the company said Advanced customers grew 28 percent year-over-year. Net income for 2024 was slightly less than $3 billion, an increase of 24.3 percent from $2.38 billion for 2023. Revenue for FY 2024 reached $16.3 billion, rising 13 percent from $14.4 billion the prior year.
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QB ENTERPRISE SOARS 30 PERCENT Featured
QuickBooks Enterprise, Intuit’s desk mid-market entry, ended the company’s year with a surge in revenue. The software company said revenue for the year ended July 31 “grew in the low 30s in Q4, and in the high teens for fiscal year 2024.”
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