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 (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 ...

February 26, 2026 Financial summary | Financial Summary | | | [D] FY24 | | | | | [D] FY25 | | | FY26 | | | Guidance[C] | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | (millions, except per share data) | Q1 | Q2 | Q3 | Q4 | FY | Q1 | Q2 | Q3 | Q4 | FY | Q1 | Q2 | FY26 Q3 | FY26 | | Global Business Solutions | $2,344 | $2,245 | $2,387 | $2,557 | $9,533 | $2,544 | $2,671 | $2,849 | $3,013 | $11,077 | $2,991 | $3,164 | | $12,633 - $12,742 | | % change YoY | 18% | ...

Intuit expects profit below estimates on higher marketing spend during US tax season | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]An Intuit logo appears in this illustration taken August 18, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies- Summary- Intuit has partnerships with AI startups Anthropic and OpenAI- Company's second-quarter revenue up 17% at $4.65 billion- Intuit expects abo ...

Group 1 - Jefferies has lowered its price target for Intuit Inc. (INTU) to $650 from $850 while maintaining a Buy rating, anticipating solid results in fiscal Q2 despite a "seasonally light" period [1] - The potential upside for Intuit is driven by Credit Karma, with favorable momentum among card issuers [1] - Intuit has introduced a major update to its Consumer Group with the TurboTax "Done-For-You" experience, utilizing Agentic AI for about 90% of standard tax form data entry [2] Group 2 - The new TurboTax experience is supported by nearly 600 Expert Offices and 20 new immersive stores, enhancing customer service [2] - A partnership with Uber Advertising will offer consumers a complimentary ride up to $25 to visit local tax experts, improving accessibility [3] - The program aims to streamline tax preparation, eliminate obstacles, and provide a more effective, individualized, and secure experience for filers [3] Group 3 - Intuit Inc. provides financial, accounting, and tax software solutions, including QuickBooks, TurboTax, and Mint, helping individuals and businesses manage finances efficiently [4]

Intuit and Anthropic have announced a partnership that will bring customizable artificial intelligence agents to Intuit’s platform and financial tools to Anthropic’s AI products.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logi ...

Its ecosystem spans QuickBooks for business management, TurboTax for tax preparation, Credit Karma for personal finance, and professional tax solutions for accountants. Increasingly, Intuit is layering AI and expert support across these products, aiming to simplify complex financial tasks and create a connected, end-to-end money management experience. Its market cap stands at around $100.05 billion.California-based Intuit, founded in 1983, is a global financial technology platform serving nearly 100 million ...

Investors are starting to view artificial intelligence (AI) more as a double-edged sword than a panacea for improving earnings across every industry. Software stocks have been hit particularly hard and rather indiscriminately recently as analysts recalibrate their growth expectations across the sector with fears that AI tools will replace the need for various applications. Investors are decreasing the earnings multiples they're willing to pay for software as future earnings growth becomes less certain. B ...