EarningsQ4 2026 Earnings Report
MX:INTU Q4 2026 EPS Results
Actual EPS$38.09
Consensus EPS$62.86
Beat/MissMissed by -$24.77
One Year Ago EPS$48.27
MX:INTU Q4 2026 Revenue Results
Actual Revenue$76.43B
Expected Revenue$74.90B
Beat/MissBeat by +$1.53B
YoY Revenue Growth+13.65%
Earnings Announcement Details
QuarterQ4 2026
Date08/25/2026
TimeAfter Close
Conference CallTuesday, August 25, 2026
MX:INTU Upcoming Earnings
Intuit's next earnings date is estimated for December 1, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:INTU Q4 2026 Earnings Call
0:00 / 0:00
Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a constructive operational and financial picture with strong FY2026 revenue (14%) and EPS (20%) growth, clear momentum in strategic 'Big Bets' (34% growth), impressive payments and mid-market traction, notable AI-driven productivity gains, and disciplined capital returns. However, management candidly highlighted key execution gaps: slowing new customer acquisition (online paying customers +3%), customer losses at the DIY TurboTax price-sensitive segment, and a deliberate near-term revenue deceleration for FY2027 (guidance 9%–10%) as they invest to rebuild top-of-funnel and accept lower initial ARPC. The company provided concrete initiatives (QuickBooks Free/Lite, AI-native tax experiences, expanded mid-market and money offerings), restructured reporting, and meaningful capital allocation actions. Overall, the positives — persistent growth in high-value areas, robust profitability, product and AI momentum, and clear remediation plans — outweigh the near-term headwinds and execution risks, though the transition will require disciplined execution to drive reacceleration.Company Guidance
Full-Year Revenue and EPS Growth
Total revenue for fiscal 2026 grew 14% year-over-year. Full-year GAAP and non-GAAP diluted earnings per share each grew 20%.
Big Bets Momentum
Assisted tax, money and mid-market ('Big Bets') collectively grew 34% and represented 30% of full year revenue, driving material portfolio momentum.
Q4 Strong Operating and Non-GAAP Income
Q4 revenue was $4.4 billion (+14% YoY). GAAP operating income increased to $475 million (versus $339 million prior year) and non-GAAP operating income was $1.4 billion (+43% YoY). Non-GAAP diluted EPS was $4.03 (+47% YoY).
Mid-Market Acceleration
Mid-market revenue grew strongly (management cited 39% growth) with mid-market customers up meaningfully (combined QBO Advanced and Intuit Enterprise Suite customers grew 28%). New-to-franchise mid-market customers grew over 30% and Intuit Enterprise Suite annualized revenue surpassed $145 million in Q4 (4x YoY).
Payments, Money and Capital Growth
Total online payment volume (including bill pay) grew ~30% for the full year to more than $225 billion. Q4 loan volume through QuickBooks Capital increased 54% to $1.9 billion. Online money portfolio revenue grew ~31%.
QuickBooks Product and Customer Expansion
Total online paying customers reached 8.9 million (+3% YoY). Early QuickBooks Free/Lite rollout: over 20,000 customers active or converted within the first month, used as low-friction acquisition channels.
AI and Productivity Gains
Millions of customers using AI-native experiences are getting paid 4 days faster and reducing manual work by ~30%. Over 75% of Intuit Enterprise Suite customers use AI agents monthly to keep books current and automate tasks.
Consumer Platform Strength and Cross-Sell
Consumer revenue grew 11% for the year. TurboTax Live customers grew 38% (revenue +37%), helped file 39 million tax returns, facilitated over $120 billion in refunds, and Credit Karma revenue grew 20% for the year.
Financial Position and Capital Allocation
Ended quarter with $7.2 billion cash and investments. Share repurchases totaled $5.5 billion for the fiscal year (up 96% YoY) including $2.1 billion in Q4 (+179% YoY). Board approved a 15% increase in quarterly dividend to $1.38 per share.
Long-Term Segment Targets and Profitability Commitment
Provided segment-level 3-year CAGRs: Global Business Solutions 10%-15% and Consumer 4%-8%. Reaffirmed commitment to company-level margin expansion and annual non-GAAP EPS growth of at least high teens (now including share-based compensation).
MX: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