财捷 2025年季度报告

For the quarterly period endedOctober31, 2025 (Exact name of registrant as specified in its charter) 77-0034661(IRS Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading SymbolName of each exchange on which registeredCommon Stock, $0.01 par valueINTUNasdaq Global Select Market Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was requiredto file such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for suchshorter period that the registrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☑ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.The number of shares (in thousands) of Common Stock, $0.01 par value, outstanding as of November13, 2025 was278,400. Page PART II - OTHER INFORMATION ITEM 1: Legal ProceedingsITEM 1A: Risk FactorsITEM 2: Unregistered Sales of Equity Securities and Use of Proceeds Intuit, QuickBooks, TurboTax, Credit Karma, and Mailchimp, among others, are registered trademarks and/or registeredservice marks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. Other parties’ marks are theproperty of their respective owners. Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements that involve risks and uncertainties. Please also seethe section entitled"Risk Factors"in Item 1A of Part II of this Quarterly Report for important information to consider whenevaluating these statements. All statements in this report, other than statements that are purely historical, are forward- statements include, without limitation, the following: •our expectations and beliefs regarding future conduct and growth of the business;•statements regarding the impact of macroeconomic conditions on our business;•our beliefs and expectations regarding seasonality, competition, and other trends that affect our business;•our expectation that we will continue to invest significant resources in our product development, marketing and salescapabilities, including products and services incorporating artificial intelligence;•our expectation that we will continue to invest significant management attention and resources in our informationtechnology infrastructure and in our privacy and security capabilities;•our expectation that we will work with the broader industry and government to protect our customers from fraud;•our expectation that we will generate significant cash from operations;•our expectation that total service revenue as a percentage of our total revenue will grow over the long term;•our expectations regarding the development of future products, services, business models and technology platformsand our research and development efforts;•our assumptions underlying our critical accounting estimates, including our judgments and estimates regardingrevenue recognition; the fair value of goodwill; and expected future amortization of acquired intangible assets;•our intention not to sell our investments and our belief that it is more likely than not that we will not be required tosell them before recovery at par; •our belief that the investments we hold are not other-than-temporarily impaired; •our belief that we take prudent measures to mitigate investment-related risks;•our belief that our exposure to currency exchange fluctuation risk will not be significant in the future; •our assessments and estimates that determine our effective tax rate; •our belief that our income tax valuation allowance is sufficient; •our belief that our cash and cash equivalents, investments and cash generated from operations will be sufficient tomeet our seasonal working capital needs, capital expenditure requirements, contractual obligations, commitments,debt servic