COMPUTATION OF NET INCOME (LOSS) PER SHARE

Published on October 15, 1997



EXHIBIT 11.01

INTUIT INC.

COMPUTATION OF NET INCOME (LOSS) PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)



YEAR ENDED JULY 31,
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1995 1996 1997
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PRIMARY
Computation of common and common equivalent shares
outstanding:
Weighted average common shares outstanding............ 41,411 45,149 46,424
Equivalent shares issuable upon exercise of options... -- -- 1,024
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Shares used in computing per share amounts............... 41,411 45,149 47,448
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Loss from continuing operations.......................... $(44,296) $(14,355) $ (2,932)
Loss from discontinued operations........................ -- (6,344) --
Gain from sale of discontinued operations................ -- -- 71,240
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Net income (loss)........................................ $(44,296) $(20,699) $(68,308)
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Net loss per share from continuing operations............ $ (1.07) $ (0.32) $ (0.06)
Net loss per share from discontinued operations.......... -- (0.14) --
Net income per share from sale of discontinued
operations............................................ -- -- 1.50
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Net income (loss) per share.............................. $ (1.07) $ (0.46) $ 1.44
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