Intuit Inc
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +5.66%.
Did INTU Beat Earnings? Q3 2025 Results
Intuit delivered a standout fiscal Q3 2025, beating Wall Street expectations on both top and bottom lines as an exceptional tax season and broad business momentum drove results well ahead of forecasts. The financial technology giant posted revenue of $7.75 billion, up 15.1% year-over-year and ahead of the $7.56 billion consensus, while non-GAAP diluted EPS of $11.65 cleared the $10.91 estimate by 6.77%, sending shares up roughly 8% in the aftermath. The single biggest story behind the beat was TurboTax Live, with revenue tracking toward 47% full-year growth to approximately $2 billion, now representing about 40% of Consumer Group revenue, illustrating how Intuit's AI-powered assisted tax model is reshaping the category. Credit Karma added further fuel, surging 31% to $579 million, prompting the company to dramatically lift full-year Credit Karma guidance to approximately 28% growth from a prior 5-8% range. Intuit also raised its full-year revenue outlook to $18.72 billion to $18.76 billion and non-GAAP EPS guidance to $20.07 to $20.12, reflecting confidence in durable, accelerating growth across all four business segments.
- Outstanding tax season with TurboTax Live revenue growth accelerating significantly
- QuickBooks Online Accounting revenue grew 21% driven by higher effective prices, customer growth, and mix-shift
- Online Services revenue grew 18% driven by money and payroll offerings
- Credit Karma strength in credit cards, personal loans, and auto insurance drove 31% revenue growth
- TurboTax Online paying units growth of approximately 6% on share gains from higher ARPR filers
- ARPR increase of approximately 13% as more customers chose assisted offerings and faster refund access
“We have exceptional momentum with outstanding performance across our platform. We're redefining what's possible with AI by becoming a one-stop shop of AI-agents and AI-enabled human experts to fuel the success of consumers and small and mid-market businesses.”
Intuit CEO, on the earnings call
Forward Guidance & Outlook
Intuit raised its full fiscal year 2025 guidance across all total company metrics. Revenue is now expected at $18.723B to $18.760B (approximately 15% growth, up from prior 12-13%). Non-GAAP EPS is expected at $20.07 to $20.12 (approximately 18-19% growth, up from prior 13-14%). GAAP EPS guidance raised to $13.19 to $13.24 (approximately 26-27% growth). Segment guidance: Global Business Solutions Group growth of approximately 16% (Online Ecosystem ~20%), Consumer Group growth raised to approximately 10% (from 7-8%), Credit Karma growth raised to approximately 28% (from 5-8%), ProTax Group growth of approximately 3-4%. For Q4 FY2025, the company expects revenue of $3.723B to $3.760B (17-18% growth), GAAP diluted EPS of $0.84 to $0.89, and non-GAAP diluted EPS of $2.63 to $2.68. TurboTax Live revenue is expected to grow 47% to approximately $2.0B for the full fiscal year. TurboTax Online paying units expected to grow approximately 6% with ARPR increasing approximately 13%.
INTU YoY Financials
INTU Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.