Intuit Inc
Q4 2026 Earnings
Includes $293 million restructuring charge in Q4 FY2026
Market Reaction
Did INTU Beat Earnings? Q4 2026 Results
Intuit closed out fiscal 2026 on a high note, posting fourth-quarter adjusted EPS of $4.03 against a consensus estimate of $3.59, a beat of 12.34% that marked the company's fifth consecutive quarter of topping analyst expectations. Revenue of $4.35 billion grew 13.7% year over year, edging past the $4.27 billion consensus by 1.99%, as broad-based momentum across the portfolio carried results forward. The primary engine behind the quarter was Global Business Solutions, which contributed $3.40 billion in Q4 revenue, up 14%, with QuickBooks Online Accounting growing 20% on higher effective prices, customer additions, and product mix. Credit Karma added further lift, reaching $743 million in Q4 revenue, up 16%, driven by personal loans, auto insurance, and credit cards. The strong close helped Intuit cross $21.45 billion in full-year revenue. A $293 million restructuring charge weighed on GAAP results but did not cloud the non-GAAP picture. Looking ahead, Intuit guided fiscal 2027 revenue of $23.28 billion to $23.51 billion, representing 9-10% growth, with non-GAAP EPS of $22.88 to $23.12, though investors will note that guidance now incorporates stock-based compensation under a revised methodology.
- Big Bets collectively grew 34% and represented 30% of full-year revenue
- QuickBooks Online Accounting revenue grew 20% in Q4 driven by higher effective prices, customer growth, and mix shift
- TurboTax Live revenue grew 37% for full year, now representing 53% of total TurboTax revenue
- Credit Karma Q4 growth driven by strength in personal loans, auto insurance, and credit cards
- Online Services revenue grew 15% in Q4 driven by money and payroll
“We surpassed $20 billion in revenue for the full year with growth fueled by our Big Bets which collectively grew 34 percent and represented 30 percent of full-year revenue.”
Intuit CEO, on the earnings call
Forward Guidance & Outlook
For full-year fiscal 2027, Intuit expects total revenue of $23,279 million to $23,512 million (9-10% growth), with Global Business Solutions revenue of $13,068 million to $13,158 million (13-14% growth), Consumer revenue of $8,955 million to $9,088 million (4-6% growth), and Mailchimp revenue of $1,256 million to $1,266 million (-1% to 0% growth). GAAP operating income is guided at $7,408 million to $7,490 million (26-27% growth), non-GAAP operating income at $8,063 million to $8,145 million (17-18% growth, now including SBC). GAAP EPS is guided at $20.12 to $20.36 (22-24% growth), non-GAAP EPS at $22.88 to $23.12 (23-24% growth, now including SBC). For Q1 FY27, revenue is expected at $4,294 million to $4,313 million (11% growth), with non-GAAP EPS of $2.44 to $2.48 (30-33% growth). Mailchimp will be reported as a separate segment beginning in fiscal 2027.
INTU YoY Financials
INTU Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.