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  "documentTitle": "Intuit Inc. (INTU)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2024-09-20 00:00:00",
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  "notes": "Includes a table of unit/revenue analysis and two side-by-side bar charts from different years (2018 vs 2021) to demonstrate data drift.",
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      "text": "Weren't 2011-2016 figures finalized by 2018? If so, why were they higher in 2021? How can Intuit's disclosures be trusted when they change many years after they were theoretically finalized?",
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      "text": "TurboTax units",
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      "text": "Intuit provides disclosure of the season's TurboTax units sold in its FQ4 earnings release but never provides a final tally for the season beyond an estimate rounded to the millions at its investor day.",
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      "kind": "source-note",
      "text": "Source: Intuit 2018 investor day presentation, Intuit 2021 investor day presentation, Intuit 2023 investor day presentation, IRS tax filing data, Spruce Point Research",
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      "text": "Analysis of TurboTax Units (Including FFA) and Revenue: At FYE vs Season End",
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      "text": "Why Doesn't Intuit Update TurboTax Final Filings, And Why Have TurboTax Figures Changed Long After They Should Have Been Finalized?",
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