INTUIT (INTU) Company Report

Intuit signed a multi-year strategic partnership with a subsidiary of Circle to integrate USDC stablecoin infrastructure across TurboTax, QuickBooks, and Credit Karma, enabling faster, lower-cost global money movement.
The collaboration leverages programmable, 24/7, low-friction rails to unlock new financial experiences in refunds, remittances, savings, and payments.
Intuit will continue investing in its money platform—covering fast money, lending, and banking—with strong commitments to data privacy, security, and responsible governance.

5 days ago

Press Release

Intuit outlines AI-driven consumer strategy at Barclays Technology Conference

INTU

Product Launch

New Projects/Investments

Intuit’s Consumer Group is transforming TurboTax and Credit Karma into a “done-for-you” AI-driven platform that ingests data and personalizes experiences using 70,000 data points per consumer, aiming to solve daily financial needs (2025-12-10).
The 40-year-old TurboTax and QuickBooks platforms have been modernized with a unified data services architecture, and AI has boosted developer productivity by 40%, enabling faster launches such as the Biztax small-business tax service (2025-12-10).
AI personalization in TurboTax cut average tax-prep time by 12%, and ahead of the upcoming season Intuit will open 600 service centers and ~20 retail stores—local experts drove a 5× engagement increase within 50 miles last year (2025-12-10).
Intuit targets 20% long-term consumer-platform growth by scaling its AI+HI flywheel and leveraging Credit Karma’s 140 million members and 43 million monthly active users with new assistants (refund, debt) to deliver year-round financial advice (2025-12-10).

Dec 10, 2025, 9:20 PM

Transcript

Intuit highlights AI-driven platform evolution at Barclays Tech Conference

INTU

Product Launch

New Projects/Investments

Intuit is leveraging AI to deliver done-for-you personalized tax and financial experiences by ingesting data (70,000 data points per consumer) across TurboTax, Credit Karma, and ProTax.
The AI-human integration reduced tax prep time by 12% last year and modernized TurboTax’s 40-year-old platform, enabling 13,000 tax pros to focus on high-value tasks.
A new AI-driven BizTax platform for small businesses was launched last year, benefiting from 40% higher developer efficiency and targeting the $37 billion assisted-tax market of 88 million filers.
To enhance in-person support, Intuit is opening 600 service centers and 20 retail stores plus a flagship, resulting in a 5× increase in expert engagement within a 50-mile radius.
Credit Karma (43 million MAUs) is deploying AI agents (e.g., Refund Assistant, Debt Assistant, Credit Spark) to drive daily personal-finance decisions and smooth year-round engagement.

Dec 10, 2025, 9:20 PM

Transcript

Intuit highlights AI partnership and growth at UBS 2025 tech conference

INTU

New Projects/Investments

Product Launch

Revenue Acceleration/Inflection

Intuit detailed its partnership with OpenAI, integrating Intuit apps into ChatGPT to provide personalized financial management experiences while maintaining customer relationship and data security.
The company reported over 2.8 million customers using its AI agents within four months, achieving >80% repeat usage and saving users 12 hours/month on accounting tasks.
Intuit’s new growth vectors include a 40%-growing mid-market ERP, 47% growth in the assisted segment (TurboTax Live & QuickBooks Live), and a 36%-growing money services portfolio.
Global Business Solutions online revenue rose 20%, driven by 25% growth in accounting and 17% in services; excluding Mailchimp, online services growth was 26%.
TurboTax Live’s 47% growth is supported by integration with 43 million monthly active Credit Karma users, aiming to sustain and expand penetration in both DIY and assisted tax markets.

Dec 2, 2025, 6:35 PM

Transcript

Intuit reports Q1 2026 results

INTU

Earnings

Guidance Update

Intuit delivered Q1 FY2026 revenue of $3.9 billion, up 18%, with GAAP EPS of $1.59 and non-GAAP EPS of $3.34.
Global Business Solutions revenue grew 18% (20% ex-Mailchimp), driven by 21% growth in online ecosystem revenue and 40% growth in QBO Advanced and Intuit Enterprise Suite for mid-market customers.
Consumer segment revenue rose 21%, led by 27% growth at Credit Karma, 6% at TurboTax, and 15% at ProTax.
The company reaffirmed FY 2026 guidance for 12–13% total revenue growth to $21.0–21.2 billion, GAAP EPS of $15.49–15.69, and non-GAAP EPS of $22.98–23.18; repurchased $851 million of stock and raised the quarterly dividend by 15% to $1.20 per share.

Nov 20, 2025, 9:30 PM

Transcript

Intuit reports Q1 2026 results

INTU

Earnings

Guidance Update

Product Launch

Revenue grew 18% in Q1 with strong momentum across Business and Consumer segments; QuickBooks Live customers increased 61% and total online payment volume rose 29%.
Introduced AI-driven innovations including Intuit Intelligence, an AI-native Accounting Suite, and AI agents for accounting, payments, payroll, and sales tax—now leveraged by 2.8 million customers.
Consumer segment strength: TurboTax Live revenue up 51%, Credit Karma continued share gains in personal loan and credit card originations, and new AI assistants (CreditSpark, debt/refund/tax assistants) launched.
Ended Q1 with $3.7 B cash, $6.1 B debt, repurchased $851 M of stock, and raised the quarterly dividend 15% to $1.20; reaffirmed FY 2026 revenue guidance of $20.997 B–$21.186 B (12%–13% growth) and non-GAAP EPS of $22.98–$23.18.
Announced integration with OpenAI’s ChatGPT, embedding Intuit apps and data securely within ChatGPT without altering existing economics or privacy protections.

Nov 20, 2025, 9:30 PM

Transcript

Intuit reports Q1 fiscal 2026 results

INTU

Earnings

Guidance Update

Product Launch

Q1 revenue of $3.9 billion (up 18% YoY), GAAP operating income of $534 million vs. $271 million, non-GAAP operating income of $1.3 billion, GAAP EPS of $1.59 vs. $0.70, and non-GAAP EPS of $3.34 vs. $2.50.
Global Business Solutions Group revenue grew 18% (20% ex-Mailchimp) with online ecosystem revenue up 21% (25% ex-Mailchimp) and mid-market ecosystem revenue up ~40% in Q1.
Unveiled AI-driven expert platform innovations including beta of Intuit Intelligence, launch of Intuit Accounting Suite, and 2.8 million customers using AI agents; QuickBooks Live customer growth of 61% in Q1.
Partnered with OpenAI to integrate Intuit apps in ChatGPT—preserving customer data privacy, no revenue share, and maintaining existing economics.
Reaffirmed fiscal 2026 revenue guidance of $20.997–$21.186 billion (12–13% growth), repurchased $851 million of stock, and announced dividend of $1.20 per share (up 15%).

Nov 20, 2025, 9:30 PM

Transcript

Intuit reports Q1 FY’26 results

INTU

Earnings

Guidance Update

Total revenue rose 18% YoY to $3.885 billion, led by Global Business Solutions at $2.991 billion (+18% YoY) and Consumer at $894 million (+21% YoY) in Q1 FY’26.
Non-GAAP EPS was $3.34, up significantly year-over-year, while GAAP EPS stood at $1.59 in the quarter.
Non-GAAP operating income increased to $1.258 billion, delivering a 32.4% operating margin versus 29.0% a year ago.
FY’26 guidance raised: revenue expected at $20.997 billion–$21.186 billion and non-GAAP EPS at $22.98–$23.18.

Nov 20, 2025, 9:30 PM

Presentation

Intuit consolidates Consumer segments and recasts financials

INTU

Accounting Changes

Effective August 1, 2025, Intuit combined its Consumer, Credit Karma, and ProTax businesses into one Consumer segment, reducing its reporting segments to Consumer and Global Business Solutions.
The company recast segment revenue and operating income for fiscal years 2025, 2024, and 2023 in its 2025 Form 10-K to reflect the new structure, without restating audited financial statements.
For the twelve months ended July 31, 2025, the Consumer segment generated $7.754 B in revenue (15% growth) and Global Business Solutions generated $11.077 B (16% growth), driving total net revenue of $18.831 B.
To align with the updated structure, Intuit reclassified $9 M from Global Business Solutions and $606 M from Consumer as corporate expenses for fiscal 2025.

Nov 20, 2025, 9:19 PM

8-K

Intuit reports Q1 FY26 results and reiterates full-year guidance

INTU

Earnings

Guidance Update

Share Buyback

Intuit delivered $3.885 billion in Q1 FY26 revenue, up 18 percent year-over-year. Global Business Solutions revenue grew to $3.0 billion (+18 percent), including Online Ecosystem revenue of $2.4 billion (+21 percent), and Consumer revenue rose to $894 million (+21 percent).
GAAP operating income was $534 million (up 97 percent) and GAAP diluted EPS was $1.59 (up 127 percent); non-GAAP operating income reached $1.258 billion (+32 percent) with non-GAAP diluted EPS of $3.34 (+34 percent).
Reiterated FY26 guidance for revenue of $20.997 billion to $21.186 billion (12–13 percent growth), GAAP diluted EPS of $15.49 to $15.69 (13–15 percent growth), and non-GAAP diluted EPS of $22.98 to $23.18 (14–15 percent growth).
Returned capital via repurchases of $851 million of stock (with $4.4 billion remaining under authorization) and approved a $1.20 per share quarterly dividend (15 percent increase); ended quarter with $3.7 billion in cash & investments and $6.1 billion in debt.

Nov 20, 2025, 9:01 PM

8-K

Earnings Transcripts

Quarterly earnings call transcripts for INTUIT.

Q1 2026

Nov 20, 2025

→

Q4 2025

Aug 21, 2025

→

Q3 2025

May 22, 2025

→

View All Transcripts

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What are INTUIT's strategic priorities?How is INTUIT positioned vs competitors?How did INTUIT do last quarter?

INTUIT (INTU)

Analyst Earnings Quarterly Reports

Q4 2025

Q3 2025

Q2 2025

Q1 2025

Analyst Coverage

Brad Zelnick

S. Kirk Materne

Brent Thill

Keith Weiss

Daniel Jester

Michael Turrin

Raimo Lenschow

Sitikantha Panigrahi

Aleksandr Zukin

Alex Zukin

Bradley Sills

Kasthuri Rangan

Scott Schneeberger

Kash Rangan

Mark Murphy

Siti Panigrahi

Taylor McGinnis

Alexander Markgraff

Allan Verkhovski

Arjun Bhatia

John Dunigan

Steve Enders

Steven Enders

Arvind Ramnani

Brad Reback

Kartik Mehta

Rishi Jaluria

Latest news

Earnings Transcripts

Q1 2026

Q4 2025

Q3 2025

Ask Fintool AI Agent