Core Viewpoint - Intuit reported stronger-than-expected fiscal second-quarter results, but its guidance for the upcoming quarter fell short of analyst forecasts, leading to a decline in shares during premarket trading [1]. Financial Performance - Adjusted earnings per share for the second quarter were $4.15, surpassing the consensus estimate of $3.68 [1]. - Revenue increased by 17% year over year to $4.7 billion, exceeding the consensus forecast of $4.53 billion [2]. - Adjusted operating income rose by 23% to $1.5 billion [2]. - Revenue for the comparable quarter last year was $3.96 billion [3]. Future Guidance - For the third quarter of fiscal 2026, Intuit projected adjusted earnings per share between $12.45 and $12.51, which is below the consensus estimate of $12.97 [2]. - The company expects third-quarter revenue growth of approximately 10%, implying revenue of about $4.36 billion, which is below analyst expectations of $4.53 billion [3]. Strategic Initiatives - Intuit has expanded its artificial intelligence initiatives, including a partnership with Anthropic to deploy customizable AI agents for mid-market businesses [2].

Key Takeaways Intuit Q2 EPS $4.15 beats estimates as revenue jumps 17% to $4.65B.INTU Global Business Solutions revenue up 18%, QuickBooks Online up 24%.Intuit reaffirms FY26 revenue view of $20.997B-$21.186B, EPS $22.98-$23.18; Q3 EPS guide $12.45-$12.51.Intuit (INTU) reported second-quarter fiscal 2026 non-GAAP earnings per share (EPS) of $4.15, which beat the Zacks Consensus Estimate of $3.66. The bottom line jumped 25% from the year-ago quarter.The company delivered fiscal second-quarter 2026 revenues o ...

Key Takeaways Intuit posted fiscal Q2 non-GAAP EPS of $4.15 on $4.65B revenue, up 25% and 17.4% year over year.Global Business Solutions revenue rose 18.5%, with Online Ecosystem up 21.1% in the quarter.INTU reaffirmed FY26 guidance, sees revenues of $20.997B-$21.186B and EPS of $22.98-$23.18.Intuit (INTU) reported second-quarter fiscal 2026 non-GAAP earnings per share (EPS) of $4.15, which beat the Zacks Consensus Estimate of $3.66. Revenues of $4.65 billion, too, outpaced the Zacks Consensus Estimate of $ ...

Core Insights - Intuit (INTU) reported a revenue of $4.65 billion for the quarter ended January 2026, marking a year-over-year increase of 17.4% and an EPS of $4.15 compared to $3.32 a year ago, exceeding both revenue and EPS estimates [1] Financial Performance - The reported revenue of $4.65 billion surpassed the Zacks Consensus Estimate of $4.53 billion by 2.75% [1] - The EPS of $4.15 exceeded the consensus estimate of $3.66 by 13.25% [1] Segment Performance - Revenue from the Consumer Segment - TurboTax was $581 million, above the average estimate of $566.21 million [4] - Net revenue from Global Business Solutions reached $3.2 billion, exceeding the average estimate of $3.11 billion [4] - Total Online Ecosystem revenue within Global Business Solutions was $2.5 billion, surpassing the estimated $2.45 billion [4] - Consumer revenue was reported at $1.5 billion, compared to the average estimate of $1.42 billion, reflecting a significant year-over-year increase of 194.7% [4] - ProTax revenue in the Consumer Segment was $290 million, above the average estimate of $277.42 million [4] - Credit Karma generated $616 million, exceeding the average estimate of $569.41 million [4] - Net revenue from Product and other was $779 million, surpassing the estimated $755.9 million, representing a year-over-year increase of 9.1% [4] - Service revenue was reported at $3.87 billion, exceeding the average estimate of $3.77 billion, with a year-over-year increase of 19.2% [4] Stock Performance - Intuit's shares have returned -29.2% over the past month, contrasting with the Zacks S&P 500 composite's increase of 0.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Intuit (INTU) came out with quarterly earnings of $4.15 per share, beating the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $3.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.25%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $3.1 per share when it actually produced earnings of $3.34, delivering a surprise of +7.74 ...

Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAnne Sophie Seigneurbieux - SVP of Investor Relations, Corporate and Strategic FinanceMark Murphy - Executive DirectorSandeep Aujla - CFOSasan Goodarzi - Chairman and CEOSiti Panigrahi - Managing DirectorConference Call ParticipantsAlex Zukin - Managing Director and Senior AnalystDaniel Jester - Managing Director and Software Research AnalystGabriela Borges - Managing Director and Senior Software Equity Research A ...

Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAnne-Sophie Seigneurbieux - SVP of Investor Relations, Corporate and Strategic FinanceMark Murphy - Executive DirectorSandeep Aujla - CFOSasan Goodarzi - Chairman and CEOSiti Panigrahi - Managing DirectorConference Call ParticipantsAlex Zukin - Managing Director and Senior AnalystDaniel Jester - Managing Director and Software Research AnalystGabriela Borges - Managing Director and Senior Software Equity Research A ...

Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Speaker6Good afternoon, everyone. My name is Beau, and I will be your conference operator today. At this time, I would like to welcome everyone to Intuit's second quarter fiscal year 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer period. If you would like to ask a question during this time, simply press star, then 1 on your tel ...

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Core Insights - Financial software firm Intuit exceeded estimates for its fiscal second quarter but provided mixed guidance for the current quarter, leading to a decline in its stock price [1] Company Performance - Intuit reported strong performance in its fiscal second quarter, surpassing analyst expectations [1] - Despite the strong quarterly results, the guidance for the upcoming quarter was not as optimistic, contributing to a drop in stock value [1] Market Reaction - Following the mixed guidance, Intuit's stock experienced a decline, indicating investor concerns about future performance [1]