Intuit Inc.
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The Intuit headquarters in Mountain View
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| Public | |
| Traded as |
NASDAQ: INTU NASDAQ-100 component S&P 500 Component |
| Industry | Enterprise software |
| Founded | 1983 Palo Alto, California, US |
| Founder |
Scott Cook Tom Proulx |
| Headquarters | Mountain View, California, U.S. |
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Key people
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Brad Smith (Chairman and CEO) |
| Products | Personal finance, accounting and tax return software |
| Revenue |
 US$4.20 billion (2015) |
 US$738 million (2015) |
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US$365 million (2015) |
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| Total assets |
US$4.9 billion (2015) |
| Total equity |
US$2.3 billion (2015) |
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Number of employees
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7,700 (2015) |
| Website | www |
Intuit Inc. is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small businesses, accountants and individuals. The company is headquartered in Mountain View, California. Greater than 95% of its revenues and earnings come from its activities within the United States.
Intuit makes TurboTax, a consumer tax preparation application, the small business accounting program QuickBooks, professional tax solutions ProSeries and Lacerte, and multiple payroll products. In April 2016, Intuit completed the sale of its original flagship product, Quicken, to H.I.G. Capital.
In addition to the United States, the company has offices in seven countries around the world: UK, Australia, France, Singapore, India, Brazil, and Canada.
The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California.
Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting. On his quest to find a programmer he ended up running into Tom Proulx at Stanford. The two started Intuit, which initially operated out of a modest room on University Avenue in Palo Alto. The first version of Quicken was coded in Microsoft's BASIC programming language for the IBM PC and UCSD Pascal for the Apple II by Tom Proulx and had to contend with a dozen serious competitors.
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Wikipedia