What is a cash flow waterfall?

A cash flow waterfall is a bar chart that walks from operating cash flow through capital expenditure to free cash flow, then shows how the remaining cash is allocated — acquisitions, buybacks, dividends, debt, and other financing — ending at the net change in cash. Each step is colour-coded: green bars add to the running total, red bars subtract.

How does Intuit (INTU) spend its free cash flow?

For TTM through Q2 2026, Intuit generated $7.89B of operating cash flow and $7.72B of free cash flow — a free cash flow margin of 97.8% of operating cash flow. The waterfall breaks down how the remaining cash was allocated across investing and financing activities.

How much did Intuit (INTU) return via buybacks and dividends?

The waterfall shows buybacks (share repurchases) and dividends paid as separate steps in the financing section. Together these represent Intuit's shareholder returns for TTM through Q2 2026. You can compare these against free cash flow to assess the capital-return payout ratio.

Intuit (INTU) Cash Flow Waterfall

Operating CF

$7.89B

Capex

-$173M

Free Cash Flow

$7.72B

FCF Margin

+97.8%

Cash flow waterfall for Intuit (INTU) — TTM through Q2 2026

Free cash flow: $7.72B

Cash flow breakdown for Intuit (INTU) — TTM through Q2 2026

Line item	Amount	Running total
Operating Cash Flow	$7.89B	$7.89B
Capital Expenditure	-$173M	$7.72B
Free Cash Flow	$7.72B	$7.72B
Acquisitions	-$184M	$7.53B
Other Investing	-$1.97B	$5.56B
Share Buybacks	-$4.21B	$1.36B
Dividends Paid	-$1.32B	$39M
Net Debt Change	-$249M	-$210M
Other Financing	$1.93B	$1.72B
Forex Effect	$908M	$2.63B
Net Cash Increase	$2.63B	$2.63B

Operating Cash Flow$7.89B
Capital Expenditure-$173M
Free Cash Flow$7.72B
Acquisitions-$184M
Other Investing-$1.97B
Share Buybacks-$4.21B
Dividends Paid-$1.32B
Net Debt Change-$249M
Other Financing$1.93B
Forex Effect$908M
Net Cash Increase$2.63B

Want to see what drove the FCF change?Free Cash Flow Bridge

Frequently asked questions

Data & methodology

Intuit (INTU) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview

INTU Overview

Counters

Income Statement

Cash Flow

Capital Return

How this company returns cash to shareholders — buybacks, dividends, and stock splits.

Forecast & Valuation