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Side-by-side financial comparison of Air Products (APD) and Intuit (INTU). Click either name above to swap in a different company.

Intuit is the larger business by last-quarter revenue ($3.9B vs $3.2B, roughly 1.2× Air Products). Air Products runs the higher net margin — 22.9% vs 11.5%, a 11.4% gap on every dollar of revenue. On growth, Intuit posted the faster year-over-year revenue change (18.3% vs 8.8%). Over the past eight quarters, Intuit's revenue compounded faster (7.1% CAGR vs 3.1%).

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasificati...

Intuit Inc. is an American multinational business software company that specializes in financial software. Headquartered in Mountain View, California, the company is led by CEO Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, the small business accounting software QuickBooks, the credit monitoring and personal finance service Credit Karma, and the email marketing platform Mailchimp. As of 2019, more than 95% of its revenue and earnings originated from its op...

APD vs INTU — Head-to-Head

Bigger by revenue
INTU
INTU
1.2× larger
INTU
$3.9B
$3.2B
APD
Growing faster (revenue YoY)
INTU
INTU
+9.6% gap
INTU
18.3%
8.8%
APD
Higher net margin
APD
APD
11.4% more per $
APD
22.9%
11.5%
INTU
Faster 2-yr revenue CAGR
INTU
INTU
Annualised
INTU
7.1%
3.1%
APD

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
APD
APD
INTU
INTU
Revenue
$3.2B
$3.9B
Net Profit
$724.8M
$446.0M
Gross Margin
31.1%
Operating Margin
13.7%
Net Margin
22.9%
11.5%
Revenue YoY
8.8%
18.3%
Net Profit YoY
166.6%
126.4%
EPS (diluted)
$3.19
$1.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APD
APD
INTU
INTU
Q1 26
$3.2B
Q4 25
$3.1B
$3.9B
Q3 25
$3.2B
$3.8B
Q2 25
$3.0B
$7.8B
Q1 25
$2.9B
$4.0B
Q4 24
$2.9B
$3.3B
Q3 24
$3.2B
$3.2B
Q2 24
$3.0B
$6.7B
Net Profit
APD
APD
INTU
INTU
Q1 26
$724.8M
Q4 25
$678.2M
$446.0M
Q3 25
$4.9M
$381.0M
Q2 25
$713.8M
$2.8B
Q1 25
$-1.7B
$471.0M
Q4 24
$617.4M
$197.0M
Q3 24
$1.9B
$-20.0M
Q2 24
$696.6M
$2.4B
Gross Margin
APD
APD
INTU
INTU
Q1 26
31.1%
Q4 25
32.1%
Q3 25
32.3%
Q2 25
32.5%
Q1 25
29.6%
Q4 24
31.2%
Q3 24
34.0%
Q2 24
32.8%
Operating Margin
APD
APD
INTU
INTU
Q1 26
Q4 25
23.7%
13.7%
Q3 25
0.5%
8.8%
Q2 25
26.2%
48.0%
Q1 25
-79.8%
15.0%
Q4 24
22.0%
8.3%
Q3 24
76.1%
-4.7%
Q2 24
24.7%
46.1%
Net Margin
APD
APD
INTU
INTU
Q1 26
22.9%
Q4 25
21.9%
11.5%
Q3 25
0.2%
9.9%
Q2 25
23.6%
36.4%
Q1 25
-59.3%
11.9%
Q4 24
21.1%
6.0%
Q3 24
61.2%
-0.6%
Q2 24
23.3%
35.5%
EPS (diluted)
APD
APD
INTU
INTU
Q1 26
$3.19
Q4 25
$3.04
$1.59
Q3 25
$0.03
$1.28
Q2 25
$3.20
$10.02
Q1 25
$-7.77
$1.67
Q4 24
$2.77
$0.70
Q3 24
$8.75
$-0.09
Q2 24
$3.13
$8.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APD
APD
INTU
INTU
Cash + ST InvestmentsLiquidity on hand
$3.5B
Total DebtLower is stronger
$17.4M
$6.1B
Stockholders' EquityBook value
$18.1M
$19.3B
Total Assets
$41.6M
$33.2B
Debt / EquityLower = less leverage
0.96×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APD
APD
INTU
INTU
Q1 26
Q4 25
$1.0B
$3.5B
Q3 25
$1.9B
$2.9B
Q2 25
$2.3B
$5.4B
Q1 25
$1.6B
$2.4B
Q4 24
$2.0B
$2.9B
Q3 24
$3.0B
$3.6B
Q2 24
$2.4B
$4.2B
Total Debt
APD
APD
INTU
INTU
Q1 26
$17.4M
Q4 25
$6.1B
Q3 25
$6.0B
Q2 25
$6.4B
Q1 25
$6.3B
Q4 24
$6.1B
Q3 24
$6.0B
Q2 24
$6.0B
Stockholders' Equity
APD
APD
INTU
INTU
Q1 26
$18.1M
Q4 25
$15.4B
$19.3B
Q3 25
$15.0B
$19.7B
Q2 25
$15.5B
$20.1B
Q1 25
$14.7B
$17.9B
Q4 24
$16.7B
$18.1B
Q3 24
$17.0B
$18.4B
Q2 24
$15.1B
$18.8B
Total Assets
APD
APD
INTU
INTU
Q1 26
$41.6M
Q4 25
$41.2B
$33.2B
Q3 25
$41.1B
$37.0B
Q2 25
$41.7B
$36.6B
Q1 25
$38.9B
$31.7B
Q4 24
$40.0B
$33.2B
Q3 24
$39.6B
$32.1B
Q2 24
$37.0B
$31.6B
Debt / Equity
APD
APD
INTU
INTU
Q1 26
0.96×
Q4 25
0.32×
Q3 25
0.30×
Q2 25
0.32×
Q1 25
0.35×
Q4 24
0.34×
Q3 24
0.33×
Q2 24
0.32×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APD
APD
INTU
INTU
Operating Cash FlowLast quarter
$637.0M
Free Cash FlowOCF − Capex
$599.0M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
56.4%
1.0%
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters
$6.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APD
APD
INTU
INTU
Q1 26
Q4 25
$900.7M
$637.0M
Q3 25
$381.0M
Q2 25
$855.8M
$4.4B
Q1 25
$328.1M
$1.1B
Q4 24
$811.7M
$362.0M
Q3 24
$417.0M
Q2 24
$1.3B
$4.0B
Free Cash Flow
APD
APD
INTU
INTU
Q1 26
Q4 25
$-350.5M
$599.0M
Q3 25
$366.0M
Q2 25
$-640.0M
$4.4B
Q1 25
$-1.6B
$1.0B
Q4 24
$-1.3B
$329.0M
Q3 24
$400.0M
Q2 24
$-345.2M
$3.9B
FCF Margin
APD
APD
INTU
INTU
Q1 26
Q4 25
-11.3%
15.4%
Q3 25
9.6%
Q2 25
-21.2%
56.2%
Q1 25
-53.6%
26.2%
Q4 24
-44.5%
10.0%
Q3 24
12.6%
Q2 24
-11.6%
57.7%
Capex Intensity
APD
APD
INTU
INTU
Q1 26
56.4%
Q4 25
40.3%
1.0%
Q3 25
47.9%
0.4%
Q2 25
49.5%
0.5%
Q1 25
64.9%
0.8%
Q4 24
72.2%
1.0%
Q3 24
65.1%
0.5%
Q2 24
53.8%
0.9%
Cash Conversion
APD
APD
INTU
INTU
Q1 26
Q4 25
1.33×
1.43×
Q3 25
1.00×
Q2 25
1.20×
1.56×
Q1 25
2.27×
Q4 24
1.31×
1.84×
Q3 24
Q2 24
1.81×
1.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APD
APD

Segment breakdown not available.

INTU
INTU

Quick Books Online Accounting$1.2B32%
Product And Other$779.0M20%
Credit Karma$616.0M16%
Turbo Tax$581.0M15%
Quick Books Desktop Accounting$408.0M11%
Pro Tax$290.0M7%

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