Core Insights - Intuit (INTU) reported first-quarter fiscal 2026 non-GAAP EPS of $3.34, exceeding the Zacks Consensus Estimate of $3.10, marking a 33.6% increase year-over-year [1][10] - Revenues reached $3.88 billion, surpassing the consensus estimate of $3.76 billion, and increased by 18.3% year-over-year [2][10] Financial Performance - Global Business Solutions Group revenues grew 18% year-over-year to $3.0 billion, with Online Ecosystem revenues climbing 21% to $2.4 billion [3] - QuickBooks Online Accounting revenues increased by 25% year-over-year, while Online Services revenues grew by 17% [4] - Consumer Group revenues rose by 21% to $894 million, driven by a 27% increase in Credit Karma revenues to $651 million [5] Balance Sheet and Cash Flow - As of October 31, 2025, Intuit's cash and investments totaled $3.7 billion, down from $4.6 billion as of July 31, 2025, with a debt of $6.1 billion [6] - The company repurchased $851 million of stock in the fiscal first quarter, with $4.4 billion remaining on its share repurchase authorization [6] Dividend Announcement - Intuit's board approved a quarterly dividend of $1.20 per share, representing a 15% year-over-year increase, to be paid on January 16, 2026 [7] Future Outlook - For Q2 fiscal 2026, Intuit expects revenue growth between 14% and 15% year-over-year, with non-GAAP EPS estimated between $3.63 and $3.68 [8] - The full fiscal year 2026 guidance remains unchanged, with expected revenues between $20.997 billion and $21.186 billion, indicating approximately 12-13% growth [9]

Financial Performance Summary - Total Revenue for FY'25 reached $18831 million, a 16% increase year-over-year[2] - The company projects total revenue for FY'26 to be between $20997 million and $21186 million, representing a 12%-13% year-over-year growth[2] - Non-GAAP Diluted EPS for FY'25 was $2015, and the guidance for FY'26 is $2298-$2318[2] - GAAP Operating Income for FY'25 was $4923 million, compared to $3630 million in FY'24[2] Segment Performance - Global Business Solutions revenue for FY'25 was $11077 million, a 16% increase year-over-year[2] - TurboTax revenue for FY'25 was $4933 million, a 9% increase year-over-year[2] - Credit Karma revenue for FY'25 was $2200 million, a 34% increase year-over-year[2] - Consumer segment revenue for FY'25 reached $7754 million, a 15% increase year-over-year[2] Platform Revenue - Combined Platform Revenue increased from $12520 million in FY'24 to $14902 million in FY'25[3]

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Financial Performance Summary - Total segment revenue increased from $14368 million in FY'23 to $16285 million in FY'24, and further to $18723 million - $18760 million in FY'25[2] - Non-GAAP operating income increased from $5503 million in FY'23 to $6402 million in FY'24, and further to $7543 million - $7563 million in FY'25[2] - GAAP diluted EPS increased from $842 in FY'23 to $1043 in FY'24, and further to $1319 - $1324 in FY'25[2] - Non-GAAP diluted EPS increased from $1440 in FY'23 to $1694 in FY'24, and further to $2007 - $2012 in FY'25[2] Segment Revenue Analysis - Global Business Solutions revenue increased from $8038 million in FY'23 to $9533 million in FY'24, and further to $11052 million - $11073 million in FY'25, representing a year-over-year growth of 18% in FY'24 and 16% in FY'25[2] - Consumer revenue increased from $4135 million in FY'23 to $4445 million in FY'24, and further to $4868 million - $4876 million in FY'25, representing a year-over-year growth of 7% in FY'24 and 10% in FY'25[2] - Credit Karma revenue increased from $1634 million in FY'23 to $1708 million in FY'24, and further to $2185 million - $2191 million in FY'25, representing a year-over-year growth of 5% in FY'24 and 28% in FY'25[2] - ProTax revenue increased from $561 million in FY'23 to $599 million in FY'24, and further to $618 million - $620 million in FY'25, representing a year-over-year growth of 7% in FY'24 and 3% in FY'25[2] Segment Operating Margin - Total segment operating margin was 71% in FY'23 and FY'24, and increased to 78% in FY'25[4] - Global Business Solutions operating margin was 73% in FY'23, 75% in FY'24, and 77% in FY'25[4]

Core Insights - Intuit (INTU) is expected to report quarterly earnings of $10.89 per share, reflecting a 10.2% increase year over year, with revenues forecasted at $7.54 billion, a 12% year-over-year increase [1] Revenue Projections - Analysts estimate 'Net revenue- Consumer' to reach $3.97 billion, indicating an 8.6% year-over-year change [4] - 'Net revenue- Small Business & Self-Employed' is projected at $2.86 billion, suggesting a 20% increase from the previous year [4] - 'Net revenue- Credit Karma' is expected to be $430.66 million, reflecting a decrease of 2.8% year over year [4] - 'Net revenue- ProTax' is forecasted at $273.84 million, indicating a 7.8% year-over-year increase [5] - 'Net revenue- Small Business & Self-Employed- Total Online Ecosystem' is projected to be $2.14 billion, suggesting a 22.2% increase from the prior year [5] - 'Net revenue- Small Business & Self-Employed- Total Desktop Ecosystem' is expected to reach $723.63 million, reflecting a 14.3% year-over-year change [6] - 'Net revenue- Small Business & Self-Employed- Online Ecosystem- QuickBooks Online Accounting' is projected at $1.06 billion, indicating a 22.9% increase [6] - 'Net revenue- Small Business & Self-Employed- Desktop Ecosystem- Desktop Services and Supplies' is estimated at $309.72 million, suggesting a 4.6% year-over-year change [7] - 'Net revenue- Small Business & Self-Employed- Online Ecosystem- Online Services' is expected to be $1.08 billion, reflecting a 20.5% increase [7] - 'Net revenue- Small Business & Self-Employed- Desktop Ecosystem- QuickBooks Desktop Accounting' is projected at $411.32 million, indicating a 22.1% increase [8] - 'Net revenue- Service' is expected to reach $6.67 billion, suggesting a 10.3% year-over-year change [8] - 'Net revenue- Product and other' is forecasted at $770.35 million, indicating an 11.8% year-over-year increase [9] Stock Performance - Over the past month, Intuit shares have returned +14.5%, outperforming the Zacks S&P 500 composite's +13.1% change [10]