Form: 10-Q

Quarterly report pursuant to Section 13 or 15(d)

December 16, 1996

COMPUTATION OF NET LOSS PER SHARE

Published on December 16, 1996


INTUIT INC. EXHIBIT 11.01

COMPUTATION OF NET LOSS PER SHARE



THREE MONTHS ENDED
OCTOBER 31,

1995 1996
---- ----

(In thousands, except per share data; unaudited)


PRIMARY AND FULLY DILUTED

Computation of common and common equivalent shares
outstanding:
Weighted average common shares outstanding...................... 44,677 46,049
Equivalent shares issuable upon exercise of
options (1) ................................................. -- --
---------- ----------

Total weighted average common and common
equivalent shares outstanding: ............................... 44,677 46,049
========== ==========
Net loss from continuing operations............................... $ (18,684) $ (28,304)
Net loss from discontinued operations............................. (1,638) --
---------- ----------
Net loss.......................................................... $ (20,322) $ (28,304)
========== ==========
Net loss per share from continuing operations..................... $ (0.42) $ (0.61)
Net loss per share from discontinued operations................... (0.04) --
---------- ----------
Net loss per share................................................ $ (0.46) $ (0.61)
========== ==========



Fully diluted earnings per share are not presented on the face of the Condensed
Consolidated Statements of Operations since they are identical to primary
earnings per share.

(1) Dilutive shares are not included in periods with a net loss