Intuit Inc. (INTU)
NASDAQ:INTU
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Earnings Data
Report Date
Aug 20, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
3.52Last Year’s EPS
2.75Same Quarter Last Year
Strong Buy
Based on 25 Analysts Ratings
Earnings Call Summary
Q3 2026
Earnings Call Date:May 20, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented strong financial results and upgraded guidance, underpinned by outsized growth in assisted tax, money/payments, mid-market ecosystem traction, significant buybacks and a dividend increase. Management acknowledged meaningful weakness in the price-sensitive DIY TurboTax segment and industry-wide filing softness (~2 million units), announced a substantial 17% workforce reduction with ~$300M of restructuring charges and signaled rightsizing at Mailchimp. On balance the company delivered beat-and-raise results, clear AI-driven product roadmaps and multiple high-growth engines, while outlining targeted actions to address the DIY and Mailchimp challenges.Company Guidance
Strong Quarterly Revenue Growth
Q3 revenue of $8.6 billion, up 10% year-over-year, exceeding the top end of guidance across revenue, operating income and EPS.
Improved Profitability and EPS
GAAP operating income of $4.0 billion versus $3.7 billion last year; non-GAAP operating income of $4.7 billion versus $4.3 billion last year. GAAP diluted EPS $11.09 versus $10.02 last year; non-GAAP diluted EPS $12.80 versus $11.65 last year.
Raised Full-Year Guidance
Raised fiscal year guidance: total company revenue $21.341B–$21.374B (growth 13%–14%); non-GAAP diluted EPS guidance $23.80–$23.85 (≈18% growth); GAAP diluted EPS guidance $15.79–$15.84 (≈16% growth).
TurboTax Live Momentum
TurboTax Live customers expected to grow 38% and TurboTax Live revenue expected to grow 36% this year; TurboTax Live to represent ~53% of TurboTax revenue (up ~11 percentage points vs prior year).
Consumer Platform Strength
Consumer platform grew 8% in Q3; Credit Karma grew 15%; company expects TurboTax full-year growth of ~7% and ARPU to increase ~11% driven by higher adoption of assisted offerings and faster access to refunds.
High Growth Engines (Assisted, Money, Mid Market)
Company cites assisted tax, money, portfolio and mid-market as ‘growth engines’ all growing north of 30%; consumer money portfolio expected to deliver ~26% revenue growth this year.
Payments and Money Momentum
Total online payment volume grew 30% in Q3 (including bill pay) and 18% excluding bill pay; payments revenue growth driven by customer growth and higher payment volume per customer.
Strong Mid-Market and Ecosystem Traction
Online ecosystem revenue for QBO Advanced and Intuit Enterprise Suite grew ~38% in Q3; Intuit Enterprise Suite contracts grew 37% quarter-over-quarter; QuickBooks Online Accounting revenue grew 22%.
Capital Allocation and Shareholder Returns
Repurchased $1.6 billion of stock in Q3 (more than double prior-year period); share repurchases up >60% year-over-year in 2026; cash & investments ~$6.8B, debt ~$6.2B; quarterly dividend increased 15% to $1.02 per share.
Operational Strategy and AI Platform Roadmap
Announced expansion of AI-driven expert platform (August launch), new consumption-based pricing for AI/human services, scaling AI agents (accounting agents processing >50M transactions/week) and product tiers (QuickBooks Free/Lite) to capture new business formation.
INTU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
INTU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $383.93 | $307.07 | -20.02% |
Feb 26, 2026 | $393.20 | $407.77 | +3.70% |
Nov 20, 2025 | $634.31 | $659.89 | +4.03% |
Aug 21, 2025 | $693.06 | $658.20 | -5.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Intuit Inc. (INTU) report earnings?
Intuit Inc. (INTU) is schdueled to report earning on Aug 20, 2026, After Close (Confirmed).
What is Intuit Inc. (INTU) earnings time?
Intuit Inc. (INTU) earnings time is at Aug 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INTU EPS forecast?
INTU EPS forecast for the fiscal quarter 2026 (Q4) is 3.52.
