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Intuit vs Shopify: revenue, profit, margins and growth compared

Intuit brought in $21.4B of revenue in fiscal 2026, Shopify $11.6B in fiscal 2025. Revenue changed by +13.9% at Intuit and +30.1% at Shopify on the year before, so Shopify grew faster. Intuit kept 21.3% of its revenue as net profit, Shopify 10.7%. Free cash flow was $8.7B at Intuit and $2B at Shopify.

Side by side, latest fiscal year

INTUSHOP
Fiscal year endedFY2026 (July 31, 2026)FY2025 (December 31, 2025)
Revenue$21.4B$11.6B
Revenue growth+13.9%+30.1%
Net income$4.6B$1.2B
Net margin21.3%10.7%
Free cash flow$8.7B$2B
Free cash flow margin40.4%17.4%
Earnings per share (diluted)$16.46$0.94
Cash$4.7B$1.5B
Debt$7.7Bn/a
Price to earnings16.8151.3
Market value$75.4B$184.3B
Dividend yield1.74%n/a
Rank by revenue in sector#34 of 530 · Technology#54 of 530 · Technology

Over the years

Revenue
INTU FY2019: $6.8BINTU FY2020: $7.7BINTU FY2021: $9.6BINTU FY2022: $12.7BINTU FY2023: $14.4BINTU FY2024: $16.3BINTU FY2025: $18.8BINTU FY2026: $21.4BSHOP FY2018: $1.1BSHOP FY2019: $1.6BSHOP FY2020: $2.9BSHOP FY2021: $4.6BSHOP FY2022: $5.6BSHOP FY2022: $7.1BSHOP FY2024: $8.9BSHOP FY2025: $11.6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
INTU $21.4BSHOP $11.6B
Net income
INTU FY2019: $1.6BINTU FY2020: $1.8BINTU FY2021: $2.1BINTU FY2022: $2.1BINTU FY2023: $2.4BINTU FY2024: $3BINTU FY2025: $3.9BINTU FY2026: $4.6BSHOP FY2018: -$64.6MSHOP FY2019: -$124.8MSHOP FY2020: $319.5MSHOP FY2021: $2.9BSHOP FY2022: -$3.5BSHOP FY2022: $132MSHOP FY2024: $2BSHOP FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
INTU $4.6BSHOP $1.2B
Net margin
INTU FY2019: 23.0%INTU FY2020: 23.8%INTU FY2021: 21.4%INTU FY2022: 16.2%INTU FY2023: 16.6%INTU FY2024: 18.2%INTU FY2025: 20.5%INTU FY2026: 21.3%SHOP FY2018: -6.0%SHOP FY2019: -7.9%SHOP FY2020: 10.9%SHOP FY2021: 63.2%SHOP FY2022: -61.8%SHOP FY2022: 1.9%SHOP FY2024: 22.7%SHOP FY2025: 10.7%FY18FY19FY20FY21FY22FY23FY24FY25FY26
INTU 21.3%SHOP 10.7%
Revenue growth
INTU FY2020: +13.2%INTU FY2021: +25.4%INTU FY2022: +32.1%INTU FY2023: +12.9%INTU FY2024: +13.3%INTU FY2025: +15.6%INTU FY2026: +13.9%SHOP FY2019: +47.0%SHOP FY2020: +85.6%SHOP FY2021: +57.4%SHOP FY2022: +21.4%SHOP FY2022: +26.1%SHOP FY2024: +25.8%SHOP FY2025: +30.1%FY19FY20FY21FY22FY23FY24FY25FY26
INTU +13.9%SHOP +30.1%
Free cash flow
INTU FY2019: $2.2BINTU FY2020: $2.4BINTU FY2021: $3.2BINTU FY2022: $3.7BINTU FY2023: $4.8BINTU FY2024: $4.7BINTU FY2025: $6.1BINTU FY2026: $8.7BSHOP FY2018: -$18.6MSHOP FY2019: $13.9MSHOP FY2020: $383.2MSHOP FY2021: $484.9MSHOP FY2022: -$186MSHOP FY2022: $905MSHOP FY2024: $1.6BSHOP FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
INTU $8.7BSHOP $2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Intuit and Shopify

Which is bigger by revenue, Intuit or Shopify?

Intuit is bigger by revenue: $21.4B in fiscal 2026, against $11.6B for Shopify in fiscal 2025.

Which keeps more of its revenue as profit, Intuit or Shopify?

Intuit had a net margin of 21.3% in fiscal 2026; Shopify had 10.7% in fiscal 2025.

Which grew revenue faster, Intuit or Shopify?

In their latest fiscal years revenue changed by +13.9% at Intuit and +30.1% at Shopify.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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